Bitdeer Technologies Group
NASDAQ:BTDR
Income Statement
Earnings Waterfall
Bitdeer Technologies Group
Income Statement
Bitdeer Technologies Group
| Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Interest Expense |
5
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
0
|
|
| Revenue |
333
N/A
|
315
-5%
|
320
+1%
|
331
+3%
|
369
+11%
|
415
+13%
|
421
+1%
|
396
-6%
|
350
-12%
|
300
-14%
|
357
+19%
|
464
+30%
|
620
+34%
|
|
| Gross Profit | ||||||||||||||
| Cost of Revenue |
(250)
|
(260)
|
(276)
|
(269)
|
(291)
|
(317)
|
(314)
|
(307)
|
(283)
|
(272)
|
(339)
|
(409)
|
(559)
|
|
| Gross Profit |
83
N/A
|
55
-34%
|
44
-21%
|
61
+40%
|
78
+27%
|
98
+27%
|
107
+8%
|
88
-17%
|
66
-25%
|
29
-56%
|
17
-40%
|
56
+218%
|
61
+10%
|
|
| Operating Income | ||||||||||||||
| Operating Expenses |
(140)
|
(123)
|
(145)
|
(142)
|
(130)
|
(140)
|
(123)
|
(153)
|
(1 168)
|
(203)
|
(310)
|
(526)
|
99
|
|
| Selling, General & Administrative |
(105)
|
(89)
|
(83)
|
(81)
|
(75)
|
(73)
|
(73)
|
(72)
|
(72)
|
(72)
|
(76)
|
(80)
|
(91)
|
|
| Research & Development |
(35)
|
(31)
|
(28)
|
(30)
|
(30)
|
(44)
|
(46)
|
(62)
|
(77)
|
(115)
|
(127)
|
(142)
|
(154)
|
|
| Other Operating Expenses |
0
|
(3)
|
(33)
|
(32)
|
(26)
|
(23)
|
(4)
|
(20)
|
(1 018)
|
(16)
|
(106)
|
(305)
|
344
|
|
| Operating Income |
(57)
N/A
|
(68)
-18%
|
(101)
-49%
|
(81)
+20%
|
(53)
+35%
|
(42)
+21%
|
(16)
+61%
|
(65)
-302%
|
(1 101)
-1 585%
|
(174)
+84%
|
(292)
-68%
|
(471)
-61%
|
160
N/A
|
|
| Pre-Tax Income | ||||||||||||||
| Interest Income Expense |
(5)
|
(4)
|
1
|
4
|
1
|
2
|
3
|
1
|
485
|
(21)
|
(35)
|
(64)
|
(89)
|
|
| Non-Reccuring Items |
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
16
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(65)
N/A
|
(71)
-10%
|
(100)
-41%
|
(76)
+24%
|
(51)
+33%
|
(40)
+22%
|
(14)
+66%
|
(64)
-369%
|
(602)
-836%
|
(196)
+67%
|
(328)
-67%
|
(535)
-63%
|
71
N/A
|
|
| Net Income | ||||||||||||||
| Tax Provision |
4
|
11
|
15
|
11
|
(6)
|
(7)
|
(11)
|
(8)
|
2
|
5
|
7
|
(2)
|
(5)
|
|
| Income from Continuing Operations |
(60)
|
(60)
|
(85)
|
(65)
|
(57)
|
(47)
|
(24)
|
(73)
|
(599)
|
(191)
|
(320)
|
(537)
|
66
|
|
| Net Income (Common) |
(60)
N/A
|
(60)
+0%
|
(85)
-41%
|
(65)
+24%
|
(57)
+12%
|
(47)
+18%
|
(24)
+48%
|
(73)
-199%
|
(599)
-726%
|
(191)
+68%
|
(320)
-68%
|
(537)
-68%
|
66
N/A
|
|
| EPS (Diluted) |
-0.54
N/A
|
-0.55
-2%
|
-0.77
-40%
|
-0.59
+23%
|
-0.51
+14%
|
-0.39
+24%
|
-0.2
+49%
|
-0.5
-150%
|
-4.36
-772%
|
-0.83
+81%
|
-1.65
-99%
|
-2.57
-56%
|
0.27
N/A
|
|