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.

CleanSpark

Marathon Digital Holdings

Riot Blockchain

Bitcoin mining stocks are having a great week as the coin's price has gone parabolic. Marathon Digital (MARA) shares jumped by more than 20% on Monday and is slowly nearing its highest point in December.

Are MARA, CLSK, BITF, and RIOT stocks good buys ahead of halving?

Pinstripes Holdings Inc

SoundHound AI Inc

Several off-the-radar stocks experienced decent gains last week. This came as U.S. indices hit new record highs after Nvidia (NASDAQ: NVDA ) posted upbeat earnings.

3 Off-the-Radar Stocks Primed to Rally This Week

Bitfarms Ltd. (BITF) reachead $3.19 at the closing of the latest trading day, reflecting a +1.27% change compared to its last close.

Here's Why Bitfarms Ltd. (BITF) Gained But Lagged the Market Today

Blade Air Mobility

Blink Charging

IAMGOLD

Lithium Americas Corp

Tilray Brands

Yatra Online

In general, investors look at penny stocks for trading and speculation. Quick gains are an opportunity for exit and entry into another potentially speculative name.

7 Millionaire-Maker Penny Stocks to Buy in February 2024

Cellebrite DI Ltd

Mitsubishi UFJ Financial

Teekay

Zoom Video

The 5% buy zone past the breakout point in Bitfarms goes up to 3.74.

Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks? Bitcoin Miner Aims At Breakout

Block

Blockchain stocks stand on the cusp of a revolutionary leap, leading the digital era forward. Beyond Bitcoin's ( BTC-USD ) 94% surge in the last six months, blockchain is reshaping industries with unparalleled transparency and efficiency.

3 Millionaire-Maker Blockchain Stocks to Buy in February 2024

Standard Lithium Ltd

Penny stocks come with a significant amount of risk and, therefore, the expectation of higher returns. However, not all penny stocks fire.

3 Risky Penny Stocks That Are Worth the Shot

High Tide

FiscalNote Holdings Inc

Have you got $1,000 burning a hole in your pocket? You're not alone.

Got $1,000? These 3 Penny Stocks Can Help Turn That Into $1M

Clover Health Investments

Nikola

There are some hidden-gem penny stocks for investors to tap into amid the broader indices, such as the S&P 500 and the Nasdaq moving higher. What goes on in the macro environment can sway the companies' valuations, which could lead to substantial gains for investors.

3 Hidden-Gem Penny Stocks Ready to Ride a Massive Market Wave

Bitfarms Ltd. (BITF) closed the most recent trading day at $3.01, moving -1.95% from the previous trading session.

Here's Why Bitfarms Ltd. (BITF) Fell More Than Broader Market

Archer Aviation

Hecla Mining

Solid Power

Undervalued penny stocks are probably the most sought-after names for retail investors. Besides the low-price factor, penny stocks are known for providing some high adrenalin price-action.

The 7 Most Undervalued Penny Stocks to Buy in February 2024

TORONTO, Ontario and BROSSARD, Québec, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF // TSX: BITF), a global Bitcoin self-mining company, announced today that Bitfarms' management and directors, led by President & CEO Geoff Morphy and co-founders Nicolas Bonta and Emiliano Grodzki, will ring the closing bell at Nasdaq MarketSite in New York's Time Square on Tuesday, January 30th, 2024 at 4:00 pm ET.

Bitfarms to Ring Nasdaq Closing Bell on January 30th

Cipher Mining

Bitcoin mining stocks have had a difficult start of the year, with most of them crashing by double-digits. Marathon Digital (MARA), Riot Platforms (RIOT), Bitfarms (BITF), CleanSpark (CLSK), and Cipher Mining (CIFR) stocks have all crashed by between 20% and 33%.

Bitcoin mining stocks outlook for 2024

Hive Blockchain Technologies Ltd

In my view, the next 24 to 36 months will be a period of another big bull market for cryptocurrencies. Direct exposure to Bitcoin ( BTC-USD ) and quality altcoins can deliver multibagger returns during this period.

3 Crypto Mining Stocks That Are the Hidden Gems of the Market

First Solar

Luminar Technologies

NVIDIA

Quanta Services

Taiwan Semiconductor Manufacturing

With the Federal Reserve halting interest rate hikes, the investment scene favors bullish trends. In fact, the S&P 500 has been on a monumental streak of late, achieving record-high closes in the past week, driven by significant gains in the technology sector.

Unique Wealth Opportunities: 7 Stocks With Unprecedented Upside

Bitcoin mining stocks recharged on Friday, becoming some of the best performers in Wall Street. Marathon Digital (MARA) stock surged by more than 12% while Bitfarms (BITF) and Cleanspark (CLSK) surged by more than 10%.

Here's why BITF, CLSK, and MARA stocks are flying

Bitfarms Ltd. (BITF) closed at $2.02 in the latest trading session, marking no change from the prior day.

Bitfarms Ltd. (BITF) Flat As Market Gains: What You Should Know

TORONTO, Ontario and BROSSARD, Québec, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, announces that it has completed the purchase of land for its new 100 MW production facility in Yguazu, Paraguay.

Bitfarms Purchases Land in Yguazu, Paraguay in Support of Transformative Fleet Upgrade & 2024 Target of 21 EH/s

Choosing the right penny stock can be rewarding and can deliver multibagger returns in quick time. It's not surprising if a penny stock delivers 5x returns within 12 to 24 months.

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The penny stocks space can be a massive wealth creator even with a small portfolio allocation. Ideally, I would not go beyond 10% portfolio allocation towards penny stocks.

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Coinbase

It's likely that Bitcoin ( BTC-USD ) will come back stronger than ever in 2024. There are multiple reasons to be bullish on the cryptocurrency that has already surged in the last few quarters.

Bitcoin's Ripple Effect: 3 Crypto Stocks Eyeing 200% Gains in 2024

Spot Bitcoin ETFs began their trading life that morning. Investors piled into them, leaving miners in the dust.

Why Bitcoin Mining Stocks Tumbled Sharply on Thursday

Blackrock Inc

Hut 8 Mining Corp

Yesterday afternoon, after early week drama and a hacked Twitter account, history was made on Wall Street.

Bitcoin ETF Approved: Now What?

iShares Bitcoin Trust

Occidental Petroleum

As Bitcoin believers hoped, the U.S. Securities and Exchange Commission (SEC) on Wednesday approved 11 applications from firms seeking to issue spot Bitcoin exchange-traded funds (ETFs).

Bitcoin ETFs Approved While Buffet Buys More Oil

Curaleaf Holdings, Inc.

Nordic American Tankers

Polestar Automotive Holding UK PLC

Even with a relatively small portfolio allocation, penny stocks can have a big impact in terms of total portfolio returns. The reason is that when some of the hottest penny stocks surge, the rally is not limited to 20% or 30%.

The 7 Hottest Penny Stocks to Watch in 2024

News for Bitfarms Ltd Stock (BITF)