Bitfarms Ltd
XTSX:BITF
Intrinsic Value
Bitfarms Ltd. owns and operates blockchain farms that power the global decentralized financial economy. [ Read More ]
There is not enough data to reliably calculate the intrinsic value of BITF.
Fundamental Analysis
Balance Sheet Decomposition
Bitfarms Ltd
Current Assets | 287.1m |
Cash & Short-Term Investments | 125.6m |
Receivables | 3.7m |
Other Current Assets | 157.8m |
Non-Current Assets | 255.5m |
PP&E | 146.2m |
Intangibles | 1.7m |
Other Non-Current Assets | 107.5m |
Current Liabilities | 101.2m |
Accounts Payable | 9.9m |
Short-Term Debt | 60m |
Other Current Liabilities | 31.3m |
Non-Current Liabilities | 18.8m |
Long-Term Debt | 10.1m |
Other Non-Current Liabilities | 8.7m |
Earnings Waterfall
Bitfarms Ltd
Revenue
|
169.5m
USD
|
Cost of Revenue
|
-58.4m
USD
|
Gross Profit
|
111.1m
USD
|
Operating Expenses
|
-43.2m
USD
|
Operating Income
|
67.9m
USD
|
Other Expenses
|
-45.8m
USD
|
Net Income
|
22.1m
USD
|
Free Cash Flow Analysis
Bitfarms Ltd
What is Free Cash Flow?
BITF Profitability Score
Profitability Due Diligence
Bitfarms Ltd's profitability score is 41/100. The higher the profitability score, the more profitable the company is.
Score
Bitfarms Ltd's profitability score is 41/100. The higher the profitability score, the more profitable the company is.
BITF Solvency Score
Solvency Due Diligence
Bitfarms Ltd's solvency score is 79/100. The higher the solvency score, the more solvent the company is.
Score
Bitfarms Ltd's solvency score is 79/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
BITF Price Targets Summary
Bitfarms Ltd
According to Wall Street analysts, the average 1-year price target for BITF is 10 CAD .
Shareholder Return
BITF Price
Bitfarms Ltd
Average Annual Return | 155.11% |
Standard Deviation of Annual Returns | 326.12% |
Max Drawdown | -92% |
Market Capitalization | 804.5m CAD |
Shares Outstanding | 201 252 000 |
Percentage of Shares Shorted | 2.79% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
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.