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 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

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Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 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.

Duolingo

Rivian Automotive

Hidden gem stocks are a great way to invest in a market spooked by persistently nagging inflation and a cautious Federal Reserve unwilling to pull the trigger on rate cuts this year; the Dow Jones Industrial Average fell 570 points on May 29, making it the worst month of 2024 for it. The Fed's last meeting minutes suggested they were ready to tighten monetary policy to control inflation, which has raised the 10-year Treasury note's yield to roughly 5%, making people less interested in buying stocks.

The Best-Kept Secrets of the Stock Market: 3 Hidden Gems to Buy Before They Boom

This news release constitutes a “designated news release” for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023.

Bitfarms Announces Results of Annual General and Special Meeting of Shareholders

Riot Blockchain

Bitfarms Ltd. on Wednesday said it rejected a buyout offer from larger rival Riot Platforms Inc. because it “significantly” undervalues the company, but it's weighing other bids from prospective buyers.

Bitfarms says Riot Platforms buyout offer is too low as it weighs potential sale

Riot Platforms (NASDAQ: RIOT ) recently said that it has a more than 9% stake in rival Bitcoin ( BTC-USD ) miner Bitfarms (NASDAQ: BITF ) and wants to buy the firm. The miner has made a $950 million offer to buy Bitfarms after a private approach was rejected.

Riot Platforms Is Betting Big on Bitfarms (BITF) Stock

Company Committed to Maximizing Value for All Shareholders; Strategic Alternatives Process Underway Reaffirms Confidence in Business and Guidance of 21 EH/s and 21 w/TH in 2024 This news release constitutes a “designated news release” for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, May 29, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd.

Bitfarms Responds to Unsolicited Proposal from Riot Platforms

CASTLE ROCK, Colo.--(BUSINESS WIRE)--Riot Platforms, Inc. (“Riot”) issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the “Company”). Riot announces that on May 28, 2024 it acquired ownership of 3,002,350 common shares (the “Purchased Shares”) of the Company representing.

Riot Platforms, Inc. Reports Beneficial Ownership of 10% in Bitfarms Ltd.

IAMGOLD

Plug Power

For investors who missed the meme stock rally of 2021, there seems to be another opportunity that's brewing. Some of the popular meme stocks have surged in the recent past.

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As far back as the two-trillion cryptocurrency collapse of 2022, pundits have predicted a large-scale consolidation within the bitcoin mining sector. Those predictions may finally be coming to fruition after Riot Platforms, one of the most highly valued bitcoin miners globally, made public a $2.30 per share offer for smaller rival Bitfarms (TSX-V:BITF).

Riot launches hostile takeover bid for bitcoin mining rival Bitfarms

Bitfarms Ltd'.s stock jumped 11% in premarket trading on Tuesday after its larger rival Riot Platforms Inc. said it had approached the company about a $950 million buyout offer but was rejected.

Bitfarms stock rallies as rival Riot Platforms discloses rejected merger deal

Riot platforms said on Tuesday it has made a proposal to acquire all shares of crypto miner Bitfarms for about $950 million in total equity value.

Riot Platforms proposes to buy crypto miner Bitfarms

CASTLE ROCK, Colo.--(BUSINESS WIRE)--Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or the “Company”) today announced that it has made a proposal to the Bitfarms Board of Directors (the “Bitfarms Board”) to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ/TSX: BITF) (“Bitfarms”) at a price of US$2.30 per Bitfarms common share (the “Proposal”). Riot also announced that it has accumulated a 9.25% stake in Bitfarms to become Bitfarms' largest shareholder. The Proposal represents a 24% p.

Riot Proposes to Acquire Bitfarms for US$2.30 Per Share to Create the World's Largest Publicly Listed Bitcoin Miner

AMC Entertainment

iQIYI

Consider throwing a few coins into the stock of these penny stocks! Penny stocks have the kind of risk-reward profile that appeals to few investors; those willing to tolerate a bit more risk to reap potential rewards of significant magnitude.

Penny Stock Roulette: 3 High-Risk, High-Reward Plays for Daring Investors

Bitfarms Ltd. (NASDAQ:BITF ) Q1 2024 Earnings Conference Call May 15, 2024 8:00 AM ET Company Participants Tracy Krumme - Senior Vice President, Investor Relations Nico Bonta - Interim Chief Executive Officer Ben Gagnon - Chief Mining Officer Jeff Lucas - Chief Financial Officer Conference Call Participants Lucas Pipes - B.

Bitfarms Ltd. (BITF) Q1 2024 Earnings Call Transcript

Nerdy

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Penny stocks to buy can be rewarding if you can spot the right ones. Unfortunately, most have a history of burning investors.

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Archer Aviation

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Ring Energy

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When policymakers pursue rate cuts, the main idea is to lower the cost of money for businesses and consumers. This translates into higher investment and consumption spending and GDP growth accelerates.

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Bitfarms Ltd. (BITF) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03.

Bitfarms Ltd. (BITF) Reports Q1 Loss, Lags Revenue Estimates

- Revenue of $50 million, up 9% Q/Q and 67% Y/Y -- Gross mining margin of 59%, up from 52% in Q4 2023 & 41% in Q1 2023 -- Secured additional 24,000 miners in March, increasing total delivery to 88,000 in 2024 -- Current hashrate of 7.0 EH/s, up from 6.5 EH/s at year end -- On track to achieve guidance of 21 EH/s and 21 w/TH in 2024 -

Bitfarms Reports First Quarter 2024 Results

Solid Power

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Investors tend to be interested in low-priced stocks. A probable reason is having a diversified portfolio with limited funds.

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The cryptocurrency mining sector was once a symbol of booming growth and rapid innovation, but it now faces a series of daunting challenges. Rising energy costs are squeezing profit margins, and recently, the Bitcoin halving event cut the rewards to mining companies in half.

Crypto Miners Strike Gold in AI: Stocks to Watch

TORONTO and BROSSARD, Québec, May 13, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin mining company, announces that it will report first quarter results on Wednesday, May 15, 2024, before the market opens. As a result, the conference call has been rescheduled for the same day at 8:00 am ET. A presentation of the Q1 2024 results will be accessible before the call on the Investor website and can be accessed here.

Bitfarms Reschedules First Quarter Conference Call to May 15th at 8:00am ET

- Geoffrey Morphy terminated as CEO and Nicolas Bonta appointed on interim basis -- CEO Executive search nearing completion -

Bitfarms Announces Acceleration of Previously Announced Termination of CEO and Provides Update on New CEO Appointment

Kinross Gold

Inflation has been stubborn, and the inflation rate can be higher for families based on their consumption basket. Therefore, money in the savings account is likely to erode in purchasing power.

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Following a broader market rally, Bitcoin ( BTC-USD ) rebounded to the $65,000 mark. The resurgence could be linked to the softer-than-anticipated jobs report, with experts expecting at least a couple of interest rate cuts this year.

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Lithium Americas Corp

My view is that expansionary monetary policy in the second half of 2024 is likely to be a major catalyst for a broad-based market rally. It's therefore a good time to accumulate high-quality growth stocks.

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For penny stocks whose time has come, 100% or 200% returns come in the blink of an eye. This is irrespective of broad market conditions.

News for Bitfarms Ltd Stock (BITF)