Bitfarms Ltd BITF Fundamentals and Key Ratios

Bitfarms Ltd. (BITF) Fundamentals


Founded in 2017, Bitfarms is a global, publicly traded (NASDAQ/TSX: BITF) Bitcoin self-mining company. Bitfarms runs vertically integrated mining operations with in-house management and company-owned electrical engineering, installation service, and onsite technical repair. The company's proprietary data analytics system delivers best-in-class operational performance and accelerated uptime. Bitfarms has 10 mining facilities in production around the world, which are housed in four countries: Canada, the United States, Paraguay, and Argentina. Powered by predominantly environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using renewable, locally based, and often underutilized energy infrastructure.

Founded in 2017, Bitfarms is a global, publicly traded (NASDAQ/TSX: BITF) Bitcoin self-mining company. Bitfarms runs vertically integrated mining operations with in-house management and company-owned electrical engineering, installation service, and onsite technical repair. The company's proprietary data analytics system delivers best-in-class operational performance and accelerated uptime. Bitfarms has 10 mining facilities in production around the world, which are housed in four countries: Canada, the United States, Paraguay, and Argentina. Powered by predominantly environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using renewable, locally based, and often underutilized energy infrastructure.

SHARE INFORMATION
Market Cap	$ 218,813,592
Shares Outstanding	206,339,320
Float	219,331,256
Percent Float	92.01%
Short Interest	0.00
Short Percent Float	0.0%
Short Interest Ratio	0.00
Short Interest Date	-
Latest Fiscal Dividend Per Share	$ 0.00
Latest Fiscal Revenue	$ -8,284,219
Latest Fiscal EPS	$ 0.00
Latest Fiscal Date	2022-12-31

DIVIDENDS
Dividend (3 Years)	$ 0.00
Dividend (5 Years)	$ 0.00
Ex Dividend Date	-
Dividend Rate	$ 0.00
Dividend Yield	0.0%
Payment Cash	-

HOLDERS
Institutions	161
Institutional Holdings Date	2023-02-28
Institutional Bought Previous 3 Months	4,533,333
Institutional Holdings Percent	28.0%
Institutional Sold Previous 3 Months	2,629,097
Insider Holdings Date	-
Insider Bought Previous 3 Months	-
Insider Holdings Percent	0.0
Insider Sold Previous 3 Months	-
Insider Shares Owned	-

TRADING INFO
52 Week High	$ 4.38
52 Week Low	$ 0.38
52 Week High Change	$ -76.88
21 Day Moving Average	$ 0.8837
21 Day Extended Moving Average	$ 0.909269
50 Day Moving Average	$ 0.9845
50 Day Extended Moving Average	$ 0.90113
200 Day Moving Average	$ 1.0482
200 Day Extended Moving Average	$ 1.3239
10 Day Average Volume	4,676,546
20 Day Average Volume	3,504,163
30 Day Average Volume	3,868,943
50 Day Average Volume	5,159,772
Alpha	0.095162
Beta	4.3178
Standard Deviation	0.805355
R2	0.093049
7 Day Price Change	$ 0.038
7 Day Percent Change	4.32%
21 Day Price Change	$ 0.0379
21 Day Percent Change	4.31%
30 Day Price Change	$ -0.0221
30 Day Percent Change	-2.35%
Month to Date Price Change	$ -0.0321
Month to Date Percent Change	-3.38%
Quarter to Date Price Change	$ 0.4779
Quarter to Date Percent Change	108.61%
180 Day Price Change	$ -0.1521
180 Day Percent Change	-14.22%
200 Day Price Change	$ -0.3021
200 Day Percent Change	-24.76%
Year to Date Price Change	$ 0.4779
Year to Date Percent Change	108.61%

PROFITABILITY
EBIT Margin	-399.3%
EBITDA Margin	-281.6%
Pre-Tax Profit Margin	-10.2%
Profit Margin Count	-99.72%
Gross Margin	2,032.1%
Profit Margin TOT	-99.72%

INCOME STATEMENTS
Revenue	$ -9,675,606
Revenue Per Share	$ -0.0406
Revenue (3 Years)	$ 0.00
Revenue (5 Years)	$ 0.00

FINANCIAL STRENGTH
Price to Tangible Book	0.90
Total Debt To Equity	0.30
Int Coverage	-17.00
Current Ratio	1.00
Leverage Ratio	1.40
Quick Ratio	0.80
Long Term Debt To Capital	0.07

VALUATION MEASURES
PE Ratio	10.40
Enterprise Value	$ 232,577,597
Price to Sales	-22.615
Price to Free Cash	-1.50
PE High Last 5 Years	0.00
Price To Book	0.90
Price To Cash Flow	5.30
PE Low Last 5 Years	0.00
Price to Tangible Book	0.90

MANAGEMENT EFFECTIVENESS
Receivables Turnover	-1.10
Invoice Turnover	293.10
Assets Turnover	0.00
Return Assets	-55.92
Return on Equity	-73.08
Return on Capital	-60.79

PROFILE INFO
Issue Type	CS
SEC Type	-
Auditor	PricewaterhouseCoopers LLP
CEO	L. Geoffrey Morphy
Emplyoees	106
Last Audit	UQ
CIK	0001812477
Industry	Capital Markets
Sector	Financial Services
NAICS	Securities Brokerage(523120)

CONTACT INFO
Address	18 King Street East Suite 902 Toronto, ON M5C 1C4
Website	https://www.bitfarms.com
Facsimile	-
Telephone	+1 647 259-1790
Email	-

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