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Bitfarms Ltd (BITF.TO)

Bitfarms Ltd (BITF.TO)
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Bitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina. It owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 192,881 146,366 142,428 169,491 34,703
Sales Growth +31.78% +2.76% -15.97% +388.40% +7.04%
Net Income -54,063 -104,036 -239,050 22,130 -16,289
Net Income Growth +48.03% +56.48% -1,180.21% +235.86% -661.88%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 667,616 378,725 343,098 542,587 51,704
Total Assets Growth +76.28% +10.38% -36.77% +949.41% -2.18%
Total Liabilities 59,621 83,963 87,531 120,005 36,257
Total Liabilities Growth -28.99% -4.08% -27.06% +230.98% +46.39%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow -140,562 23,598 36,250 -37,170 7,223
Operating Cash Flow Growth -695.65% -34.90% +197.52% -614.61% +19.98%
Net Cash Flow -24,487 53,133 -94,751 119,669 3,803
Change in Net Cash Flow -146.09% +156.08% -179.18% +3,046.70% +133.31%
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