Bitfarms Ltd
XTSX:BITF

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Bitfarms Ltd
XTSX:BITF
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Price: 4.13 CAD 0.24% Market Closed
Market Cap: 831.2m CAD

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
Ezenia! Inc
OTC:EZEN
567B USD
-132%
DE
SAP SE
XETRA:SAP
293B EUR
26%
US
Palantir Technologies Inc
NYSE:PLTR
322B USD
13%
US
Salesforce Inc
NYSE:CRM
250.1B USD
21%
US
Intuit Inc
NASDAQ:INTU
212.4B USD
26%
US
Adobe Inc
NASDAQ:ADBE
160.6B USD
36%
US
NCR Corp
LSE:0K45
150.8B USD
1%
US
Applovin Corp
NASDAQ:APP
109.9B USD
46%
US
Microstrategy Inc
NASDAQ:MSTR
98.4B USD
-14%
US
Cadence Design Systems Inc
NASDAQ:CDNS
80.7B USD
31%

Bitfarms Ltd
Glance View

Market Cap
804.5m CAD
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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