Bitfarms Ltd

NASDAQ BITF

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Bitfarms Ltd Net Income Margin for the quarter ending March 31, 2024

Bitfarms Ltd Net Income Margin is NA for the quarter ending March 31, 2024. Net Income Margin reflects the percentage of revenue that represents net income, indicating the overall profitability of a company.
  • Bitfarms Ltd Net Income Margin for the quarter ending March 31, 2023 was -81.25%, a -824.53% change year over year.
  • Bitfarms Ltd Net Income Margin for the quarter ending March 31, 2022 was 11.21%, a 141.90% change year over year.
  • Bitfarms Ltd Net Income Margin for the quarter ending March 31, 2021 was -26.77%.
NASDAQ: BITF

Bitfarms Ltd

CEO Mr. Nicolas Bonta
IPO Date Aug. 28, 2018
Location Canada
Headquarters 18 King Street East, Toronto, ON, Canada, M5C 1C4
Employees 170
Sector Financial Services
Industry Capital markets
Description

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. 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 based in Toronto, Canada.

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StockViz Staff

September 19, 2024

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