
Bitfarms Ltd
XTSX:BITF

Operating Margin
Bitfarms Ltd
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 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 |
N
|
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
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.

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