Bitfarms Ltd
NASDAQ:BITF

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Bitfarms Ltd
NASDAQ:BITF
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Price: 1.04 USD -3.7% Market Closed
Market Cap: 469.3m USD

Operating Margin
Bitfarms Ltd

40.1%
Current
5%
Average
3.3%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
40.1%
=
Operating Profit
67.9m
/
Revenue
169.5m

Operating Margin Across Competitors

Country Company Market Cap Operating
Margin
CA
Bitfarms Ltd
XTSX:BITF
804.5m CAD
40%
US
Palantir Technologies Inc
NYSE:PLTR
360.1B USD
13%
DE
SAP SE
XETRA:SAP
308B EUR
26%
US
Salesforce Inc
NYSE:CRM
251.7B USD
21%
US
Intuit Inc
NASDAQ:INTU
210B USD
26%
US
NCR Corp
LSE:0K45
187.5B USD
1%
US
Adobe Inc
NASDAQ:ADBE
155.8B USD
36%
US
Applovin Corp
NASDAQ:APP
123.3B USD
46%
US
Microstrategy Inc
NASDAQ:MSTR
112.7B USD
-14%
US
Synopsys Inc
NASDAQ:SNPS
90.7B USD
21%
US
Cadence Design Systems Inc
NASDAQ:CDNS
86.2B USD
31%

Bitfarms Ltd
Glance View

Market Cap
469.3m 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 Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
40.1%
=
Operating Profit
67.9m
/
Revenue
169.5m
What is the Operating Margin of Bitfarms Ltd?

Based on Bitfarms Ltd's most recent financial statements, the company has Operating Margin of 40.1%.

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