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

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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.

- Purchases 35,888 Bitmain T21 miners to be delivered and installed in H1 2024 -- Provides Q2 2024 guidance of 310 MW and 12 EH/s at 25 w/TH -- Secures option for an additional 28,000 T21 miners to achieve 17 EH/s in H2 2024 -- Schedules special conference call for November 28, 2023 at 8:30 am ET -

Bitfarms Initiates Transformative Fleet Upgrade that Supports 17 EH/s and 391 MW in 2024

Cronos Group

Hecla Mining

Nordic American Tankers

Ring Energy

Solid Power

Wallbox NV

The year has been a mixed bag for undervalued penny stocks as investors continue to remain cautious. I believe that even 2024 will be a year of careful stock selection than a broad-based rally across sectors and stocks.

The 7 Most Undervalued Penny Stocks to Buy Now: November 2023

TORONTO, Ontario and BROSSARD, Québec, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, announces it has entered into subscription agreements with certain institutional investors for gross proceeds of approximately C$60 million in a private placement in the United States, comprised of 44,444,446 common shares at C$1.35 per common share along with warrants to purchase an aggregate of up to 22,222,223 common shares. The warrants have an exercise price of C$1.61 (US$1.17) per common share and exercise period of three years. The net proceeds of the private placement will be used by the Company mainly to acquire additional miners, expand infrastructure, and improve its working capital position.

Bitfarms Announces C$60 Million Private Placement with U.S. Institutional Investors

Vertical Aerospace Ltd

Micro-cap stocks are defined as companies with a market valuation of $50 to $300 million. These stocks, therefore, represent early-stage companies with a small equity base.

3 Micro-Cap Stocks With 10-Bagger Potential

Blink Charging

Kinross Gold

Plug Power

Standard Lithium Ltd

Value penny stocks have been associated with blockbuster returns in bull markets. Back in 2021, many penny stocks doubled or tripled in a matter of weeks.

7 Value Penny Stocks to Multiply Your Investment

Blade Air Mobility

Yatra Online

Within equities as an asset class, blue-chip stocks representing companies with an investment grade rating are the safest bet. Fundamentally strong growth stocks would be next in line in terms of risk exposure.

3 Micro-Cap Stocks Well Worth a Calculated Gamble

54 MW at Rio Cuarto drawing power at this fixed summer rate from November 2023 through April 2024 54 MW at Rio Cuarto drawing power at this fixed summer rate from November 2023 through April 2024

Bitfarms Locks in Power Cost at 2.1 cents per kWh Fixed Rate at Rio Cuarto

Bit Digital, Inc

CleanSpark

Hut 8 Mining Corp

Cryptocurrencies are all the rage lately. So it's no surprise investors are taking a closer look at related penny stocks.

Penny Stocks To Buy Now? 4 Crypto Stocks To Watch Today

Clearsign Combustion

Elite Pharmaceuticals, Inc.

Terran Orbital Corp

Overseas Shipholding Group

Pitney Bowes

Polestar Automotive Holding UK PLC

Navigating the stock market's murky waters, the forecast for promising penny stocks might seem overcast. Within this realm, though, certain names are bucking the trend, boasting robust performances throughout the year.

7 Penny Stocks With Promising Potential Catalysts in 2024

Tilray Brands

The broad market conditions remain challenging because of macroeconomic and geopolitical headwinds. That's unlikely to stop trading and speculative activity across asset classes.

3 Speculative Stocks for 100% Returns at the Blink of an Eye

Bitfarms Ltd. (NASDAQ:BITF ) Q3 2023 Earnings Conference Call November 7, 2023 11:00 AM ET Company Participants David Barnard – LHA Investor Relations Geoff Morphy – President and Chief Executive Officer Jeff Lucas – Chief Financial Officer Conference Call Participants Bill Papanastasiou – Stifel Josh Siegler – Cantor Fitzgerald Chase White – Compass Point Research Kevin Dede – H.C.

Bitfarms Ltd. (BITF) Q3 2023 Earnings Call Transcript

- Earns 1,172 BTC and grows treasury by 154 BTC to 703 BTC in Q3 2023 -- Increases hashrate to 6.1 EH/s at September 30, 2023 and 6.3 EH/s at October 31, 2023 -- Developing operating capacity to 290 MW in Q1 2024, up 24% from Q3 2023 -

Bitfarms Reports Third Quarter 2023 Results

Coinbase

Riot Blockchain

With a renewed rally, Bitcoin ( BTC-USD ) has surged by almost 23% in the last month. This is not unusual, with cryptocurrencies having a reputation for skyrocketing in quick time.

3 Crypto Stocks to Buy for a Quick Double if Bitcoin Touches $50,000

- Reached 54 MW at Rio Cuarto facility and 240 MW total operating capacity -- Increases hashrate 3% to 6.3 EH/s - TORONTO, Ontario and BROSSARD, Québec, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, provides a monthly update for October 2023.

Bitfarms Earns 398 BTC in October 2023

Penny stocks can be likened to the crazy world of cryptocurrencies where multibagger returns come at the blink of an eye. As an example, Tilray (NASDAQ: TLRY ) stock was trading at $2.5 in March 2020.

3 Hot Penny Stocks for Multibagger Returns by the End of 2024

Applied Blockchain Inc

Hive Blockchain Technologies Ltd

Marathon Digital Holdings

PayPal

Block

Blockchain stocks are still popular despite Blockchain and decentralization being terms thrown around quite loosely these days. There are numerous reasons behind the popularity of the concepts.

7 Blockchain Stocks to Buy Before Decentralization Goes Mainstream

TORONTO and BROSSARD, Québec, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF // TSX: BITF), a global vertically integrated Bitcoin mining company, will report its fiscal third quarter 2023 financial results on Tuesday, November 7, 2023, before the market opens.

Bitfarms to Report Third Quarter 2023 Financial Results on Tuesday, November 7, 2023

Terawulf

As cryptos go, so go miners (much of the time, anyway). Bitcoin was a star investment on Monday, teasing gains of 10%.

Why Crypto Miner Stocks Were on Fire Today

TORONTO, Ontario and BROSSARD, Québec, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, fully energized the first phase of its farm in Baie-Comeau, Québec, increasing its total operating capacity to 240 MW and its hashrate to 6.3 EH/s.

Bitfarms Reaches 240 MW and 6.3 EH/s as Baie-Comeau Fully Energizes Initial Phase

Curaleaf Holdings, Inc.

It's the dream of every investor to make millions from the markets. However, that requires risk taking ability.

7 Penny Stocks With the Potential to Strike Gold

In the closing of the recent trading day, Bitfarms Ltd. (BITF) stood at $1, denoting a +0.61% change from the preceding trading day.

Why the Market Dipped But Bitfarms Ltd. (BITF) Gained Today

The risk with penny stocks is significant. If the business can take off, the stock can mint millionaires.

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Blackrock Inc

An explosive story about a Bitcoin asset manager turned out to be inaccurate.

Why Altcoins and Crypto Miner Stocks Surged on Monday

Every investor dreams of making millions from the markets. And that dream is realistic with a proper investment strategy and patience.

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Bitfarms Ltd. (BITF) concluded the recent trading session at $1.01, signifying a +1.74% move from its prior day's close.

(BITF) Advances While Market Declines: Some Information for Investors

News for Bitfarms Ltd Stock (BITF)