Bit Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . Bit Digital
BTBT Stock  USD 3.29  0.04  1.23%   
Bit Digital financial statements provide useful quarterly and yearly information to potential Bit Digital investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Bit Digital financial statements helps investors assess Bit Digital's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Bit Digital's valuation are summarized below:
Gross Profit
65.3 M
Profit Margin
0.333
Market Capitalization
480.3 M
Enterprise Value Revenue
4.8987
Revenue
86.9 M
There are currently one hundred twenty fundamental signals for Bit Digital that can be evaluated and compared over time across rivals. All traders should validate Bit Digital's prevailing fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to drop to about 325.9 M in 2024. Enterprise Value is likely to drop to about 306.3 M in 2024

Bit Digital Total Revenue

29.91 Million

Check Bit Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bit Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.4 M, Selling General Administrative of 29.1 M or Selling And Marketing Expenses of 1.1 M, as well as many indicators such as Price To Sales Ratio of 11.57, Dividend Yield of 0.0038 or PTB Ratio of 2.07. Bit financial statements analysis is a perfect complement when working with Bit Digital Valuation or Volatility modules.
  
Check out the analysis of Bit Digital Correlation against competitors.
For more information on how to buy Bit Stock please use our How to Invest in Bit Digital guide.

Bit Digital Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets198.8 M189.3 M50.3 M
Slightly volatile
Other Current Liabilities10.3 M9.8 M1.9 M
Slightly volatile
Total Current Liabilities28.4 M27.1 M4.9 M
Slightly volatile
Total Stockholder Equity160.3 M152.7 M43.6 M
Slightly volatile
Property Plant And Equipment Net96.5 M91.9 M21.3 M
Slightly volatile
Accounts Payable1.5 M2.3 M922 K
Slightly volatile
Cash13.4 M18.2 M8.4 M
Slightly volatile
Non Current Assets Total112.4 M107 M25.7 M
Slightly volatile
Non Currrent Assets Other5.4 M10.3 M3.3 M
Slightly volatile
Cash And Short Term Investments68 M64.8 M15.6 M
Slightly volatile
Net Receivables14.5 M13.9 M2.2 M
Slightly volatile
Common Stock Total Equity580.1 K552.5 K200.6 K
Slightly volatile
Common Stock Shares Outstanding91.9 M87.5 M32.6 M
Slightly volatile
Liabilities And Stockholders Equity198.8 M189.3 M50.3 M
Slightly volatile
Other Current Assets3.5 M3.7 M6.4 M
Slightly volatile
Other Stockholder Equity305.1 M290.6 M73.3 M
Slightly volatile
Total Liabilities38.5 M36.6 M6.6 M
Slightly volatile
Property Plant And Equipment Gross118.2 M112.6 M25.2 M
Slightly volatile
Total Current Assets86.4 M82.3 M24.6 M
Slightly volatile
Common Stock1.1 M1.1 M308.9 K
Slightly volatile
Net Tangible Assets196.3 M187 M55.3 M
Slightly volatile
Other Assets60.2 M57.3 M16 M
Slightly volatile
Property Plant Equipment39.2 M37.4 M13.5 M
Slightly volatile
Net Invested Capital150.8 M143.7 M45.7 M
Slightly volatile
Net Working Capital35.6 M56.3 M21.9 M
Slightly volatile
Capital Stock5.6 M10.1 M2.5 M
Slightly volatile
Short and Long Term Debt Total3.6 M7.1 M1.8 M
Slightly volatile
Short Term Investments48.9 M46.6 M13 M
Slightly volatile
Short Term Debt1.2 M2.1 M719.3 K
Slightly volatile
Other Liabilities2.6 M2.9 M3.2 M
Slightly volatile
Non Current Liabilities Other1.5 M1.7 M1.8 M
Slightly volatile

Bit Digital Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization7.4 M14.4 M5.1 M
Slightly volatile
Selling General Administrative29.1 M27.7 M9.3 M
Slightly volatile
Selling And Marketing Expenses1.1 M1.2 M2.1 M
Slightly volatile
Other Operating Expenses75.2 M71.7 M23.7 M
Slightly volatile
Research Development220.9 K123.7 K161.7 K
Slightly volatile
Total Operating Expenses20.8 M27.7 M12.8 M
Slightly volatile
Interest Expense160.1 M152.5 M30.7 M
Slightly volatile
Total Revenue29.9 M44.9 M18 M
Slightly volatile
Gross Profit886.2 K932.8 K8.7 M
Pretty Stable
Minority Interest215.7 K227.1 K616.3 K
Slightly volatile
Interest Income35.0636.910.8 K
Slightly volatile
Cost Of Revenue24.1 M44 M11 M
Slightly volatile
Reconciled Depreciation9.3 M14.4 M4.6 M
Slightly volatile

Bit Digital Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow35.7 M34 M8.7 M
Slightly volatile
Capital Expenditures70 M66.7 M14.1 M
Slightly volatile
End Period Cash Flow13.7 M18.2 M8.6 M
Slightly volatile
Depreciation8.1 M14.4 M4.5 M
Slightly volatile
Net Borrowings1.5 M1.5 M373.5 K
Slightly volatile
Stock Based Compensation5.8 M9.1 M3.1 M
Slightly volatile
Issuance Of Capital Stock36.3 M53.8 M18.8 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio11.577.425113.6386
Slightly volatile
Dividend Yield0.00380.00430.0047
Slightly volatile
PTB Ratio2.072.18435.9968
Slightly volatile
Days Sales Outstanding11811329.3251
Slightly volatile
Book Value Per Share0.891.74450.746
Slightly volatile
Average Payables1.9 M1.8 M772.8 K
Slightly volatile
Stock Based Compensation To Revenue0.120.2030.1123
Slightly volatile
Capex To Depreciation4.394.62066.9451
Pretty Stable
PB Ratio2.072.18435.9968
Slightly volatile
EV To Sales10.917.158712.4779
Slightly volatile
Inventory Turnover6.317.557.4585
Very volatile
Days Of Inventory On Hand51.1250.0448.7879
Pretty Stable
Payables Turnover19.9418.98836.3027
Slightly volatile
Sales General And Administrative To Revenue0.420.6160.488
Pretty Stable
Average Inventory971.5 K1.1 M1.2 M
Slightly volatile
Research And Ddevelopement To Revenue0.03270.03440.0735
Slightly volatile
Capex To Revenue1.561.48410.3446
Slightly volatile
Cash Per Share0.780.73970.3214
Slightly volatile
Days Payables Outstanding18.2619.2224231
Slightly volatile
Current Ratio2.893.039211.8807
Slightly volatile
Tangible Book Value Per Share0.91.74450.7501
Slightly volatile
Receivables Turnover3.083.241686.0211
Slightly volatile
Graham Number1.552.4961.2997
Slightly volatile
Shareholders Equity Per Share1.831.74450.7976
Slightly volatile
Debt To Equity0.01980.03660.0157
Slightly volatile
Capex Per Share0.80.76150.2073
Slightly volatile
Average Receivables345.3 K331.4 K292 K
Slightly volatile
Revenue Per Share0.50.51310.4676
Slightly volatile
Debt To Assets0.01650.02950.0136
Slightly volatile
Operating Cycle11811339.7567
Slightly volatile
Price Book Value Ratio2.072.18435.9968
Slightly volatile
Days Of Payables Outstanding18.2619.2224231
Slightly volatile
Company Equity Multiplier0.911.23981.1013
Very volatile
Long Term Debt To Capitalization0.02220.02490.0272
Slightly volatile
Total Debt To Capitalization0.01910.03520.0153
Slightly volatile
Debt Equity Ratio0.01980.03660.0157
Slightly volatile
Quick Ratio2.893.039211.8172
Slightly volatile
Cash Ratio0.640.67138.2662
Slightly volatile
Days Of Inventory Outstanding51.1250.0448.7879
Pretty Stable
Days Of Sales Outstanding11811329.3251
Slightly volatile
Price To Book Ratio2.072.18435.9968
Slightly volatile
Fixed Asset Turnover0.460.488726.961
Slightly volatile
Debt Ratio0.01650.02950.0136
Slightly volatile
Price Sales Ratio11.577.425113.6386
Slightly volatile
Asset Turnover0.230.23720.438
Pretty Stable
Gross Profit Margin0.01970.02080.642
Slightly volatile
Price Fair Value2.072.18435.9968
Slightly volatile

Bit Digital Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap325.9 M333.5 M215.1 M
Slightly volatile
Enterprise Value306.3 M321.5 M206.5 M
Slightly volatile

Bit Fundamental Market Drivers

Forward Price Earnings7.758
Cash And Short Term Investments64.8 M

Bit Upcoming Events

26th of April 2024
Upcoming Quarterly Report
View
10th of June 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Bit Digital Financial Statements

Bit Digital shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Bit Digital investors may analyze each financial statement separately, they are all interrelated. The changes in Bit Digital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bit Digital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue15 M15.8 M
Total Revenue44.9 M29.9 M
Cost Of Revenue44 M24.1 M
Stock Based Compensation To Revenue 0.20  0.12 
Sales General And Administrative To Revenue 0.62  0.42 
Research And Ddevelopement To Revenue 0.03  0.03 
Capex To Revenue 1.48  1.56 
Revenue Per Share 0.51  0.50 
Ebit Per Revenue(0.60)(0.57)

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Additional Tools for Bit Stock Analysis

When running Bit Digital's price analysis, check to measure Bit Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bit Digital is operating at the current time. Most of Bit Digital's value examination focuses on studying past and present price action to predict the probability of Bit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bit Digital's price. Additionally, you may evaluate how the addition of Bit Digital to your portfolios can decrease your overall portfolio volatility.
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