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

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

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Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q1 2023

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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.

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, July 06, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, closed the acquisition announced on April 11, 2023, of its newest farm in Baie-Comeau, Québec and immediately started production at the site.

Bitfarms Starts Production at Baie-Comeau and Increases Hashrate Target to 6.3 EH/s in Q3 2023

Archer Aviation

ReWalk Robotics

Are you looking for the best penny stocks to buy now? You're not alone if this is you.

Best Penny Stocks To Buy Now? 3 Stocks With Big News In July

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Most investors agree that a portfolio should have both blue-chip stocks and high-quality growth stocks. However, it's also necessary to have 10% to 15% of expose in your portfolio to high-risk high return stocks.

Chasing the Big Score: 3 Risky Stocks With the Potential for Mind-Blowing 10-Bagger Returns

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, July 03, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd.

Bitfarms Mines 385 BTC in June

Kinross Gold

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When the momentum turns bullish for penny stocks, there is little chance of making an entry. The best time to consider some of the best penny stocks to buy is when there seems to be some consolidation.

3 Penny Stocks to Buy Right This Minute

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Bitcoin ( BTC-USD ) never ceases to surprise investors. The cryptocurrency markets entered 2023 with depressed sentiments and within six months, Bitcoin has surged by 82%.

3 Crypto Stocks to Buy as Things Turn Brighter for Bitcoin

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As we venture further into the promising landscape of 2023, the hunt is on for penny stocks for triple-digit returns. The prevailing sentiment among market gurus points towards reasonably priced stocks with specific catalysts.

3 Penny Stocks to Target for Triple-Digit Returns in 2023

Curaleaf Holdings, Inc.

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In general, the investment horizon is long term for blue-chip stocks or high-quality growth stocks. However, penny stocks are high risk and exposure is generally for a shorter time-frame.

7 Millionaire-Maker Penny Stocks to Buy And Hold Forever

Sunworks

The markets have recently gained momentum, with the S&P 500 trending roughly 15% higher for the year. In general, any market rally starts with blue-chip stocks, and the bullish momentum spreads to growth and penny stocks.

3 Penny Stocks to Buy for 1,000% Returns

Devon Energy

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This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.

5 Second-Rate Stocks to Sell While You Still Can

Diana Shipping

EVgo

Li-Cycle Holdings Corp

Lumen Technologies

Undervalued penny stocks to buy stand out as potential goldmines, ready to offer robust returns for audacious investors. Despite macroeconomic headwinds, the S&P 500 has shown resilience, trending higher by 13.8% year-to-date.

7 Very Undervalued Penny Stocks to Buy in June 2023

Here is how Bitfarms Ltd. (BITF) and Core & Main (CNM) have performed compared to their sector so far this year.

Is Bitfarms (BITF) Stock Outpacing Its Business Services Peers This Year?

Blue Apron

Astra Space

Bed Bath & Beyond Inc

Carvana

Arcimoto

Target

Easily one of the most uncomfortable topics, investors need to consider stocks to sell in June. Understandably, some folks are deeply attached to their favorite market ideas.

7 Sorry Stocks to Sell in June Before It's Too Late

- New miners online in Argentina increase corporate operating capacity by 11 MW to 207 MW - 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, June 12, 2023 (GLOBE NEWSWIRE) --  Bitfarms Ltd.

Bitfarms Increases Operational Hashrate to 5.3 EH/s

With the debt ceiling crisis behind us, the S&P 500 index has trended higher, rising 3.9% over the past month and entering into bull market territory. While worries about inflation and global growth remain, investors should be focused on positioning themselves for the next leg up by accumulating undervalued stocks.

3 High-Growth Penny Stocks to Consider Buying in June 2023

While the markets continue to face macroeconomic headwinds, I still believe that now is a great time to buy some of the most undervalued penny stocks and growth stocks. As an observation, the, the S&P 500 index has trended higher by 11% for year-to-date 2023.

The 7 Most Undervalued Penny Stocks to Buy in June 2023

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. 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.

Bitfarms to Participate in the 2023 Cantor Fitzgerald Technology Conference on June 14 - 15

- 550 PH/s purchased for $13.94/TH - 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, Québec, June 07, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd.

Bitfarms Improves Energy Efficiency with Purchase of 4,660 High Performance Miners

Within the penny stock space, the level of risk on exposure to different stocks varies significantly. Purely speculative penny stocks are the riskiest bet.

3 High-Reward Penny Stocks for Bold Investors

Amdocs

MINISO Group Holding

Scorpio Tankers

Ardmore Shipping

Leonardo DRS Inc

A deeper scan of the markets will often reward investors with undervalued sleeper stocks to buy. These are the very stocks that are fundamentally sound and have an attractive business model.

7 Sleeper Stocks to Buy Before Investors Wake Up

Hut 8 Mining Corp

Terawulf

A proposed bill, which would suspend the debt ceiling, is bolstering many risk assets today. Crypto miners are also benefiting from potentially higher fees, as congestion on the Bitcoin network could promote higher fees over the medium term.

Why These 3 Crypto Miners Are Exploding Higher Today

Bit Digital, Inc

Penny stocks are generally associated with short term speculative investments. It's a myth that penny stocks are purely speculative, when, in fact, there are potential multi-baggers out there.

7 Multi-Bagger Penny Stocks to Buy for Long-Term Investment

When the overall market conditions are bullish, the movement in penny stocks is like the cryptocurrency world. Individual stocks can deliver multibagger returns in weeks.

3 Penny Stocks That Can Quadruple by 2025

Tilray Brands

In the entire history of financial markets, equities have never failed to make a strong comeback after a disappointing phase. Be it the Great Depression of 1929 or the financial crisis of 2008, equities have staged a smart comeback.

3 Penny Stocks Primed to Be 10-Baggers in 5 Years

Bitfarms Ltd. (NASDAQ:BITF ) Q1 2023 Earnings Conference Call May 15, 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 Bill Papanastasiou - Stifel Kevin Dede - H.C.

Bitfarms Ltd. (BITF) Q1 2023 Earnings Call Transcript

News for Bitfarms Ltd Stock (BITF)