Bitfarms Ltd.
BITF
$-0.04
Change (1 day)
$3.91
Year High
$1.52
Year Low
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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.
Earnings for Bitfarms Ltd. (BITF)
Earnings in 2023 (TTM): $-104,437,000
According to Bitfarms Ltd.'s latest financial reports the company's current earnings (TTM) are $-104,437,000. The earnings displayed on this page is the company's Pretax Income.
Earnings history of Bitfarms Ltd.
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2023 | $-104,437,000 | $-104,036,000 |
| 2022 | $-256,462,000 | $-239,050,000 |
| 2021 | $42.64 M | $22.13 M |
| 2020 | $-16,117,000 | $-16,289,000 |
| 2019 | $-484,000 | $2.11 M |
| 2018 | $-18,177,000 | $-9,363,000 |
| 2017 | $7.14 M | $5.08 M |