Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

Loss (gain) on disposition of digital assets

Loss (gain) on revaluation of digital assets

Loss (gain) on disposition of PP&E

Impairment on property, plant and equipment

Impairment reversal on property plant and equipment

Impairment on goodwill

Impairment on equipment and construction prepayments, property, plant and equipment and right-of-use assets

Impairment on short-term prepaid deposits, property, plant and equipment and assets held for sale

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Bitfarms Ltd

Bitfarms Ltd. owns and operates blockchain farms that power the global decentralized financial economy. It provides computing power to crypto currency networks such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash, earning fees from each network for securing and processing transactions. The company was founded by Emiliano Joel Grodzki and Nicolas Bonta in 2017 and is headquartered in Toronto, Canada.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Bitfarms Ltd. (Canada) engages in the business of mining cryptocurrency. The firm is also involved in the ownership and operation of server farms comprised of computers designed for the purpose of validating transactions on the Bitcoin blockchain. The company was founded by Emiliano Joel Grodzki and Nicolas Bonta in 2017 and is headquartered in Toronto, Canada.

Kinross Gold

Tilray Brands

If rate cuts are indeed a big catalyst, the outlook for equities is bullish for the next year and 2025. Consultancy firm Capital Economics believes that the S&P 500 Index can touch 6,500 in 2025 with artificial intelligence stocks likely to be the market upside drivers.

3 Penny Stocks to Buy for 10-Bagger Returns by 2025

Hut 8 Mining Corp

Marathon Digital Holdings

Riot Blockchain

The agreement to avert a government shutdown over the weekend led to a jump in Bitcoin's value. When Bitcoin rises, miners and related companies jump because of the leveraged nature of their businesses.

Why Bitcoin Mining Stocks Popped Today

Blackrock Inc

Coinbase

Bullish catalysts such as seasonality, technicals, market environment, regulatory clarity, and Bitcoin hash rate suggest that Bitcoin and Bitcoin proxies are a strong investment into year-end and beyond.

5 Reasons Bitcoin Will Rally into Year-End and Beyond

Hydrofarm Holdings Group

Lucid Group

Standard Lithium Ltd

ReneSola

Wallbox NV

The penny stock euphoria of 2021 was decimated the following year on the back of tight monetary policies. Things may be turning around, and investors may want to consider which penny stocks to buy now.

Betting Big: 7 Penny Stocks Primed for a Breakout

Cronos Group

Polestar Automotive Holding UK PLC

The market year-to-date has been rewarding after the big correction witnessed last year. There are several growth and penny stocks that have bounced back strongly after being decimated last year.

3 Penny Stocks That Can Still Double Before the End of 2023

Black Rifle Coffee

FuboTV

Nikola

Opendoor

Rigetti Computing

Petco Health and Wellness

As uncertainty reigns, it's time to check your portfolio for penny stocks to sell. The allure of penny stocks remains undeniable, and there are genuine diamonds hidden within the realm of stocks trading under $5 per share.

7 Penny Stocks That Might Not Survive the Next Market Downturn

Bit Digital, Inc

CleanSpark

Terawulf

The price of Bitcoin is rallying nicely today, and this is the clearest catalyst for big upside moves in crypto miners. Additionally, interest continues to build around the upcoming Bitcoin halving event expected for next year.

Why Are These 3 Bitcoin Mining Stocks Surging Today?

TORONTO, Ontario and BROSSARD, Québec, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd.

Bitfarms to Deliver Strategy and Vision at Analyst and Investor Day September 14th

- Increases hashrate to 5.6 EH/s - - Upgrades Magog farm with installation of high efficiency miners - This news release constitutes a “designated news release” for purposes of the Company's prospectus supplement dated August 16, 2021, to its short form base shelf prospectus dated August 12, 2021. TORONTO, Ontario and BROSSARD, Québec, Sept.

Bitfarms Mines 383 BTC in August 2023

- 3rd Annual Needham Crypto Virtual Conference September 7 -- H.C. Wainwright 25th Annual Global Investment Conference September 11-13 -- Analyst and Investor Day on September 14th in New York City -

Bitfarms to Participate in September Investor Conferences

Grayscale Bitcoin Trust

MicroStrategy Incorporated

Tuesday, crypto assets exploded to the upside after the US Court of Appeals ruled in favor of GBTC. Andrew Rocco breaks down 4 major winners.

Grayscale Decision is a Landmark Win for Crypto (4 Winners)

Solid Power

SNDL Inc.

With markets showing signs of strength again, I wanted to take a look at a few oversold opportunities on the market, namely oversold penny stocks. While I believe each could return multi-bagger returns, let's be clear about a few things.

7 Very Oversold Penny Stocks to Buy Right Now

In the last bull market, movement in some of the best crypto stocks was nothing less than the rally in digital assets. While crypto stocks have a high-beta, exposure at the right time can translate into quick multi-bagger returns.

3 Crypto Stocks to Buy for 100% Gains as Bitcoin Stabilizes

TORONTO, Ontario and BROSSARD, Québec, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, will host an Analyst & Investor Day on September 14, 2023, in New York City and by live simulcast.

Bitfarms to Host Analyst & Investor Day on September 14th in New York City

Yellow

It's the height of summer vacation season, and the stock market is taking a breather after its major rally earlier in the year. For active traders, much of the excitement has moved to penny stocks, with many low-priced equities making huge moves in recent weeks.

3 Penny Stocks to Sell in August Before They Crash and Burn

Irrespective of market conditions, investors are attracted towards penny stocks in the quest for multibagger returns. However, just because the stocks are cheap doesn't you you shouldn't be wary of bad investments.

Could These 3 Undervalued Penny Stocks Make You a Millionaire?

Curaleaf Holdings, Inc.

EVgo

As I talk about stocks to quadruple your money, it might seem that I have high expectations. Does the current market condition support stock price action of multi-bagger returns in 12 to 18 months?

7 Stocks That Could Quadruple Your Money by 2024

Bitfarms Ltd. (NASDAQ:BITF ) Q2 2023 Results Conference Call August 8, 2023 11:00 AM ET Company Participants David Barnard - Investor Relations, LHA Investor Relations Geoff Morphy - President and Chief Executive Officer Jeff Lucas - Chief Financial Officer Conference Call Participants Josh Siegler - Cantor Fitzgerald Kevin Dede - HCW Bill Papanastasiou - Stifel Chase White - Compass Point Research and Trading Operator Good morning, everyone.

Bitfarms Ltd. (BITF) Q2 2023 Earnings Call Transcript

Bitfarms Ltd. (BITF) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.05.

Bitfarms Ltd. (BITF) Reports Q2 Loss, Tops Revenue Estimates

- Mines 1,223 BTC and grows HODL 114 BTC to 549 BTC in Q2 2023 -- Achieves 5.3 EH/s at June 30, 2023, up 10% from March 31, 2023 -- Sets target of 7.0 EH/s in Q1 2024 -

Bitfarms Reports Second Quarter 2023 Results

Nordic American Tankers

There is no shortage of action in the penny stock space. Even in relatively subdued markets, selected penny stocks can deliver multibagger returns.

7 Cheap Penny Stocks That Smart Investors Will Snap Up Now

- 20 MW of MicroBT hydro-cooled miners and containers purchased with vendor credits -- 30 MW air-cooled facility - This news release constitutes a “designated news release” for purposes of the Company's prospectus supplement dated August 16, 2021, to its short form base shelf prospectus dated August 12, 2021. TORONTO and BROSSARD, Quebec, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd.

Bitfarms Initiates Deployment Plan for 50 MW of Hydropower in Paraguay

Bitfarms (BITF) second-quarter 2023 revenues are likely to have plunged year over year.

What's in the Offing for Bitfarms (BITF) in Q2 Earnings?

With a rally of almost 20% in the S&P 500 index, investors need to be cautious. It makes sense to wait for a correction in blue-chip or growth stocks that have skyrocketed.

3 Massively Undervalued Penny Stocks for Multibagger Potential

Stronghold Digital Mining

Bitcoin is likely to continue its rally in the second half of the year, helping stocks like HIVE Blockchain Technologies Ltd. (HIVE), Stronghold Digital Mining, Inc. (SDIG) and Bitfarms Ltd.

3 Crypto Stocks to Watch on Bitcoin's Expected Long-Term Gains

News for Bitfarms Ltd Stock (BITF)