See more : EFG International AG (EFGXY) Income Statement Analysis – Financial Results
Complete financial analysis of Bitdeer Technologies Group (BTDR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Bitdeer Technologies Group, a leading company in the Software – Application industry within the Technology sector.
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Bitdeer Technologies Group (BTDR)
About Bitdeer Technologies Group
Bitdeer Technologies Group operates as a technology company for the cryptocurrency mining community. It mines cryptocurrencies for its own account and serve the cryptocurrency mining community by providing cryptocurrency mining solution. The company handles various processes involved in mining, such as miner procurement, transport logistics, mining datacenter design and construction, mining machine management, and daily operations. It has mining datacenters deployed in the United States and Norway. The company is headquartered in Singapore.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 368.55M | 333.34M | 394.66M | 186.39M | 88.77M |
| Cost of Revenue | 290.75M | 250.09M | 153.26M | 209.56M | 98.84M |
| Gross Profit | 77.81M | 83.25M | 241.41M | -23.18M | -10.07M |
| Gross Profit Ratio | 21.11% | 24.97% | 61.17% | -12.43% | -11.34% |
| Research & Development | 29.53M | 35.43M | 29.50M | 9.79M | 4.75M |
| General & Administrative | 66.45M | 93.45M | 89.74M | 20.27M | 7.55M |
| Selling & Marketing | 8.25M | 11.68M | 8.45M | 5.57M | 3.14M |
| SG&A | 74.70M | 105.14M | 98.18M | 25.84M | 10.69M |
| Other Expenses | 25.82M | 281.00K | -91.00K | -474.00K | 480.00K |
| Operating Expenses | 130.06M | 140.52M | 127.65M | 35.32M | 15.43M |
| Cost & Expenses | 420.80M | 390.61M | 280.90M | 244.88M | 114.27M |
| Interest Income | 7.95M | 4.29M | 2.95M | 419.00K | 1.17M |
| Interest Expense | 5.43M | 5.20M | 2.44M | 823.00K | 955.00K |
| Depreciation & Amortization | 72.94M | 65.19M | 63.06M | 112.04M | 47.52M |
| EBITDA | 27.40M | 5.85M | 196.50M | 49.07M | 17.65M |
| EBITDA Ratio | 7.43% | 4.00% | 45.47% | 28.38% | 26.50% |
| Operating Income | -52.25M | -60.59M | 130.83M | -63.41M | -31.30M |
| Operating Income Ratio | -14.18% | -18.18% | 33.15% | -34.02% | -35.26% |
| Total Other Income/Expenses | 1.28M | -4.18M | 59.00K | -380.00K | 468.00K |
| Income Before Tax | -50.97M | -64.77M | 130.89M | -63.79M | -30.83M |
| Income Before Tax Ratio | -13.83% | -19.43% | 33.16% | -34.22% | -34.73% |
| Income Tax Expense | 5.69M | -4.40M | 48.25M | -7.96M | -2.93M |
| Net Income | -56.66M | -60.37M | 82.64M | -55.83M | -27.90M |
| Net Income Ratio | -15.37% | -18.11% | 20.94% | -29.95% | -31.43% |
| EPS | -0.51 | -0.54 | 0.74 | -0.50 | -0.25 |
| EPS Diluted | -0.51 | -0.54 | 0.74 | -0.50 | -0.25 |
| Weighted Avg Shares Out | 110.49M | 111.29M | 111.29M | 111.29M | 111.29M |
| Weighted Avg Shares Out (Dil) | 110.49M | 111.29M | 111.29M | 111.29M | 111.29M |
Bitdeer Announces Acquisition of Desiweminer in an All-Stock Transaction
SINGAPORE, June 06, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced that it entered into a share purchase agreement (the “Agreement”) with FreeChain Inc....
Bitdeer Announces May 2024 Operations Updates
SINGAPORE, June 06, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for May 2024.
Bitdeer Announces Up to $150 Million Private Placement Financing
SINGAPORE, May 31, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced that it entered into a subscription agreement with Tether International Limited (“Tether”) for...
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Bitdeer Technologies Group (BTDR) Q1 Earnings Meet Estimates
Bitdeer Technologies Group (BTDR) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to break-even earnings per share a year ago.
Bitdeer Reports Unaudited Financial Results for the First Quarter of 2024 and Operational Update
SINGAPORE, May 13, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited financial results for the first quarter ended March 31, 2024.
Bitdeer Announces April 2024 Operations Updates
SINGAPORE, May 07, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for April 2024.
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Source: https://incomestatements.info
Category: Stock Reports