Bitfarms Ltd
NASDAQ:BITF

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Bitfarms Ltd
NASDAQ:BITF
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Price: 1.265 USD -4.17%
Market Cap: 570.9m USD

Net Margin
Bitfarms Ltd

13.1%
Current
-21%
Average
1.9%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
13.1%
=
Net Income
22.1m
/
Revenue
169.5m

Net Margin Across Competitors

Country Company Market Cap Net
Margin
CA
Bitfarms Ltd
XTSX:BITF
804.5m CAD
13%
US
Palantir Technologies Inc
NYSE:PLTR
357.4B USD
18%
DE
SAP SE
XETRA:SAP
290.3B EUR
16%
US
Salesforce Inc
NYSE:CRM
257.5B USD
16%
US
Intuit Inc
NASDAQ:INTU
216.3B USD
19%
US
NCR Corp
LSE:0K45
191.1B USD
27%
US
Adobe Inc
NASDAQ:ADBE
158.9B USD
30%
US
Applovin Corp
NASDAQ:APP
120.9B USD
37%
US
Microstrategy Inc
NASDAQ:MSTR
109B USD
-1 163%
US
Synopsys Inc
NASDAQ:SNPS
94.7B USD
35%
US
Cadence Design Systems Inc
NASDAQ:CDNS
88.6B USD
22%

Bitfarms Ltd
Glance View

Market Cap
570.9m USD
Industry
Technology

Bitfarms Ltd. owns and operates blockchain farms that power the global decentralized financial economy. The company is headquartered in Toronto, Ontario. The company went IPO on 2019-07-16. The firm operates cryptocurrency mining operations in North America. The company operates in two segments: the cryptocurrency mining segment (Backbone) and the electrical services segment (Volta). The Backbone segment operates server farms that support the validation and verification of transactions on the blockchain, earning cryptocurrency for providing these services. The Volta segment provides electrician services to both commercial and residential customers in Quebec.

BITF Intrinsic Value
Not Available
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
13.1%
=
Net Income
22.1m
/
Revenue
169.5m
What is the Net Margin of Bitfarms Ltd?

Based on Bitfarms Ltd's most recent financial statements, the company has Net Margin of 13.1%.

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