XTSEBITF
Market cap784mUSD
Dec 24, Last price
2.45CAD
1D
6.06%
1Q
-14.93%
IPO
-31.94%
Name
Bitfarms Ltd
Chart & Performance
P/E
—
P/S
5.49
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
35.74%
Rev. gr., 5y
34.06%
Revenues
146m
P
Net income
-104m
L-56.48%
CFO
24m
-33.71%
Profile
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | |||||||
Revenues | 146,366 -1,846.19% | (8,382) -104.95% | 169,202 386.34% | ||||
Cost of revenue | 207,160 | 183,749 | 101,783 | ||||
Unusual Expense (Income) | |||||||
NOPBT | (60,794) | (192,131) | 67,419 | ||||
NOPBT Margin | 2,292.19% | 39.85% | |||||
Operating Taxes | (401) | (17,412) | 20,507 | ||||
Tax Rate | 30.42% | ||||||
NOPAT | (60,393) | (174,719) | 46,912 | ||||
Net income | (104,036) -56.48% | (239,050) -1,180.21% | 22,130 -235.86% | ||||
Dividends | |||||||
Dividend yield | |||||||
Proceeds from repurchase of equity | 109,074 | 54,086 | 259,174 | ||||
BB yield | |||||||
| Debt | |||||||
Debt current | 6,879 | 46,703 | 74,605 | ||||
Long-term debt | 28,843 | 36,172 | 23,710 | ||||
Deferred revenue | |||||||
Other long-term liabilities | 1,816 | 1,979 | 239 | ||||
Net debt | (48,316) | 47,431 | (92,989) | ||||
| Cash flow | |||||||
Cash from operating activities | 24,031 | 36,250 | (37,170) | ||||
CAPEX | (72,613) | (194,978) | (193,256) | ||||
Cash from investing activities | (59,413) | (155,011) | (215,147) | ||||
Cash from financing activities | 87,878 | 24,010 | 371,986 | ||||
FCF | 20,405 | (157,288) | (210,427) | ||||
| Balance | |||||||
Cash | 84,038 | 35,444 | 191,304 | ||||
Long term investments | |||||||
Excess cash | 76,720 | 35,863 | 182,844 | ||||
Stockholders' equity | 238,140 | 255,567 | 422,582 | ||||
Invested Capital | 239,730 | 286,694 | 312,626 | ||||
ROIC | 26.64% | ||||||
ROCE | 13.38% | ||||||
| EV | |||||||
Common stock shares outstanding | 262,237 | 207,776 | 169,392 | ||||
Price | |||||||
Market cap | |||||||
EV | |||||||
EBITDA | 25,546 | (119,711) | 91,895 | ||||
EV/EBITDA | |||||||
Interest | 11,921 | 14,221 | 3,420 | ||||
Interest/NOPBT | 5.07% | ||||||