Bitfarms Ltd.

Toronto Stock Exchange BITF.TO

Bitfarms Ltd. EBIT Margin for the year ending December 31, 2023: -63.21%

Bitfarms Ltd. EBIT Margin is -63.21% for the year ending December 31, 2023. EBIT ratio is the ratio of EBIT to revenue, measuring a company's operating profitability without considering non-operating income or expenses.

Bitfarms Ltd. EBIT Margin for the year ending December 31, 2021 was 27.22%, a 194.58% change year over year.
Bitfarms Ltd. EBIT Margin for the year ending December 31, 2020 was -28.78%, a -435.16% change year over year.
Bitfarms Ltd. EBIT Margin for the year ending December 31, 2019 was 8.59%, a 116.03% change year over year.

Key data

Date	EBIT Margin	EPS (Basic)	EPS (Diluted)	Shares (Basic, Weighted)

Toronto Stock Exchange: BITF.TO

Bitfarms Ltd.

CEO	Mr. Benjamin Gagnon
IPO Date	July 16, 2019
Location	Canada
Headquarters	18 King Street East
Employees	170
Sector	Technology
Industries Crypto Mining Bitcoin & Crypto

Description

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.

Key trends

Past 5 years