View Future GrowthBitdeer Technologies Group 過去の業績過去 基準チェック /06Bitdeer Technologies Groupの収益は年間平均-54.7%の割合で減少していますが、 Software業界の収益は年間 減少しています。収益は年間22.7% 11.2%割合で 増加しています。主要情報-54.65%収益成長率-55.55%EPS成長率Software 業界の成長10.11%収益成長率11.19%株主資本利益率-27.29%ネット・マージン-26.96%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 05Full year 2025 earnings released: EPS: US$0.32 (vs US$4.36 loss in FY 2024)Full year 2025 results: EPS: US$0.32 (up from US$4.36 loss in FY 2024). Revenue: US$620.3m (up 77% from FY 2024). Net income: US$65.6m (up US$664.7m from FY 2024). Profit margin: 11% (up from net loss in FY 2024). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Italy.お知らせ • May 03Bitdeer Technologies Group to Report Q1, 2026 Results on May 14, 2026Bitdeer Technologies Group announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on May 14, 2026お知らせ • Feb 05Bitdeer Technologies Group to Report Q4, 2025 Results on Feb 12, 2026Bitdeer Technologies Group announced that they will report Q4, 2025 results at 7:00 AM, US Eastern Standard Time on Feb 12, 2026Reported Earnings • Nov 11Third quarter 2025 earnings released: US$1.28 loss per share (vs US$0.35 loss in 3Q 2024)Third quarter 2025 results: US$1.28 loss per share (further deteriorated from US$0.35 loss in 3Q 2024). Revenue: US$169.7m (up 174% from 3Q 2024). Net loss: US$266.7m (loss widened 432% from 3Q 2024). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy.お知らせ • Oct 30Bitdeer Technologies Group to Report Q3, 2025 Results on Nov 10, 2025Bitdeer Technologies Group announced that they will report Q3, 2025 results at 7:00 AM, US Eastern Standard Time on Nov 10, 2025Reported Earnings • Oct 01Second quarter 2025 earnings released: US$0.76 loss per share (vs US$0.14 loss in 2Q 2024)Second quarter 2025 results: US$0.76 loss per share (further deteriorated from US$0.14 loss in 2Q 2024). Revenue: US$155.6m (up 57% from 2Q 2024). Net loss: US$147.7m (loss widened US$130.0m from 2Q 2024). Revenue is forecast to grow 52% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy.すべての更新を表示Recent updatesお知らせ • Jun 09Bitdeer Technologies Group Announces Management Changes, Effective June 8, 2026Bitdeer Technologies Group announced that Ms. Chao Suo had tendered her resignation as the Chief Operating Officer and Mr. Linghui Kong had tendered his resignation as the Chief Business Officer of the Company, in each case effective June 8, 2026. The resignation of each of Ms. Suo and Mr. Kong was due to personal reasons and was not the result of any dispute or disagreement with the Company on any matter relating to the Company's operations, policies or practices. Each of Ms. Suo and Mr. Kong will continue to serve the Company.お知らせ • May 29Bitdeer Technologies Group Announces Chief Financial Officer ChangesBitdeer Technologies Group announced that Mr. Jianchun Liu had tendered his resignation as the Chief Financial Officer of the company, effective on June 30, 2026. Mr. Liu's resignation was due to personal reasons and was not the result of any dispute or disagreements with the Company on any matter relating to the Company's operations, policies or practices. Mr. Liu would continue to serve as Chief Financial Officer through June 30, 2026 to ensure an orderly transition, after which Mr. Liu would remain with the Company in the role of principal advisor. The board of directors of the Company has approved the appointment of Mr. Michael G. Potter to serve as the Chief Financial Officer of the Company, effective on May 26, 2026. Prior to joining the Company, Mr. Potter served as the chief financial officer of Corsair Gaming Inc. from November 2019 to December 2025, where he was a leader for the company's initial public offering in September 2020 and oversaw multiple capital markets transactions. From 2016 to 2019, Mr. Potter worked as a business consultant, including interim chief financial officer work and advising a large pension fund. Mr. Potter served as the senior vice president, chief financial officer and chief legal officer of Canadian Solar Inc. from July 2011 to May 2016. Prior to that, Mr. Potter held multiple chief financial officer roles in the semiconductor industry, including at Lattice Semiconductor Corporation from 2009 to 2011, at NeoPhotonics Corporation from 2007 to 2009 and at STATS ChipPAC Ltd. from 2000 to 2007. Mr. Potter also served as a board member and audit committee chair of Cordelio Power from 2018 to March 2026 and a board member of Canadian Solar from 2007 to 2013. Mr. Potter obtained a graduate diploma of public accountancy from McGill University and a bachelor of commerce in accounting from Concordia University. Mr. Potter is a chartered professional accountant in Quebec, Canada.New Risk • May 17New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$199m Forecast net loss in 2 years: US$212m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.1b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$212m net loss in 2 years). Shareholders have been diluted in the past year (24% increase in shares outstanding).Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €11.91, the stock trades at a trailing P/E ratio of 51.3x. Average trailing P/E is 23x in the Software industry in Italy. Total returns to shareholders of 34% over the past year.Reported Earnings • May 05Full year 2025 earnings released: EPS: US$0.32 (vs US$4.36 loss in FY 2024)Full year 2025 results: EPS: US$0.32 (up from US$4.36 loss in FY 2024). Revenue: US$620.3m (up 77% from FY 2024). Net income: US$65.6m (up US$664.7m from FY 2024). Profit margin: 11% (up from net loss in FY 2024). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Italy.お知らせ • May 03Bitdeer Technologies Group to Report Q1, 2026 Results on May 14, 2026Bitdeer Technologies Group announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on May 14, 2026Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.19, the stock trades at a trailing P/E ratio of 39.5x. Average forward P/E is 10x in the Software industry in Italy.お知らせ • Apr 09Bitdeer Technologies Group Launches Sealminer A4 Series Bitcoin Mining RigsBitdeer Technologies Group announced the launch of its latest self-developed mining machines, the SEALMINER A4 series. This generation integrates Bitdeer's proprietary SEAL04 chips, leveraging advanced process nodes to set competitive benchmarks in performance. The launch marks the successful fulfillment of Bitdeer’s previously announced technology roadmap, underscoring its commitment to long-term R&D objectives. The new series includes three models designed for diverse deployment environments: the air-cooling A4 Pro Air, and two hydro-cooling models, the A4 Pro Hydro and A4 Ultra Hydro. Key specifications for SEALMINER A4 series: · A4 Ultra Hydro: 9.45 J/TH | 886 TH/s | 8372.7 W · A4 Pro Hydro: 10.9 J/TH | 680 TH/s | 7412 W · A4 Pro Air: 10.9 J/TH | 336 TH/s | 3662.4 W Achieving a technical milestone of 9.45 J/TH, the A4 series is designed to enhance energy efficiency and assist operators in managing overhead. Beyond energy metrics, the lineup is engineered for consistent machine stability. Its hardware architecture is optimized for large-scale operations, aiming to improve uptime and reduce operational interruptions. Furthermore, the series maintains the SEALMINER brand’s signature low-noise profile. The advanced hydro-cooling system enables efficient thermal management, facilitating reliable performance even in high-density environments. Note: Product performance may vary by ±5% in power efficiency and ±10% in hashrate and power consumption. Final specifications are based on the delivered units.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €7.84, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 17x in the Software industry in Italy.Valuation Update With 7 Day Price Move • Feb 19Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to €7.08, the stock trades at a trailing P/E ratio of 34.7x. Average forward P/E is 10x in the Software industry in Italy.お知らせ • Feb 19Bitdeer Technologies Group has filed a Follow-on Equity Offering.Bitdeer Technologies Group has filed a Follow-on Equity Offering. Security Name: Class A Ordinary Shares Security Type: Common Stock Transaction Features: Registered Direct OfferingNew Risk • Feb 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 54% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings are forecast to decline by an average of 54% per year for the foreseeable future. High level of non-cash earnings (241% accrual ratio). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding).New Risk • Feb 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (241% accrual ratio). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding).Breakeven Date Change • Feb 11Forecast breakeven date pushed back to 2027The 11 analysts covering Bitdeer Technologies Group previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of US$227.8m in 2027. Average annual earnings growth of 137% is required to achieve expected profit on schedule.お知らせ • Feb 05Bitdeer Technologies Group to Report Q4, 2025 Results on Feb 12, 2026Bitdeer Technologies Group announced that they will report Q4, 2025 results at 7:00 AM, US Eastern Standard Time on Feb 12, 2026お知らせ • Dec 05Holzer & Holzer, LLC Announces Lawsuit Filed Against Bitdeer Technologies GroupHolzer & Holzer, LLC announced a shareholder class action lawsuit has been filed against Bitdeer Technologies Group. The lawsuit alleges that Court made materially false and/or misleading statements and/or failed to disclose material adverse information, including investigations that Court failed to disclose that the SEAL04 chip projected to have a chip-level energy efficiency of 5 J/TH would be ready for use in the A4 rigs with an expected mass production to begin in the second quarter 2025. If purchased shares of Bitdeer between June 6, 2024 and November 10, 2025, and experienced a significant loss on that investment, are encouraged to discuss legal rights by contacting Corey D. Holzer, Esq. at Holzer & Holzer, LLC. The deadline to ask the court to be appointed lead plaintiff in the case is February 2, 2026.Breakeven Date Change • Nov 14Forecast breakeven date pushed back to 2026The 12 analysts covering Bitdeer Technologies Group previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 96% to 2025. The company is expected to make a profit of US$135.8m in 2026. Average annual earnings growth of 148% is required to achieve expected profit on schedule.お知らせ • Nov 13Bitdeer Technologies Group has filed a Follow-on Equity Offering in the amount of $148.616292 million.Bitdeer Technologies Group has filed a Follow-on Equity Offering in the amount of $148.616292 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 10,661,140 Price\Range: $13.94 Transaction Features: Registered Direct OfferingReported Earnings • Nov 11Third quarter 2025 earnings released: US$1.28 loss per share (vs US$0.35 loss in 3Q 2024)Third quarter 2025 results: US$1.28 loss per share (further deteriorated from US$0.35 loss in 3Q 2024). Revenue: US$169.7m (up 174% from 3Q 2024). Net loss: US$266.7m (loss widened 432% from 3Q 2024). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy.お知らせ • Oct 30Bitdeer Technologies Group to Report Q3, 2025 Results on Nov 10, 2025Bitdeer Technologies Group announced that they will report Q3, 2025 results at 7:00 AM, US Eastern Standard Time on Nov 10, 2025Reported Earnings • Oct 01Second quarter 2025 earnings released: US$0.76 loss per share (vs US$0.14 loss in 2Q 2024)Second quarter 2025 results: US$0.76 loss per share (further deteriorated from US$0.14 loss in 2Q 2024). Revenue: US$155.6m (up 57% from 2Q 2024). Net loss: US$147.7m (loss widened US$130.0m from 2Q 2024). Revenue is forecast to grow 52% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy.Board Change • Oct 01Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Guang Yang is the most experienced director on the board, commencing their role in 2023. Independent Director Sheldon Trainor-DeGirolamo was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Sep 17Bitdeer Technologies Group Launches Sealminer A3 Series Bitcoin Mining Machines Achieves Power Efficiency of 12.5 J/ThBitdeer Technologies Group announced the launch of its newest self-developed Bitcoin mining machines, the SEALMINER A3 series. The latest iteration of the SEALMINER, the A3 series, includes four models: the air-cooling models (A3 Air, A3 Pro Air) and the hydro-cooling models (A 3 Hydro, A3 Pro Hydro). Notably, the SEALMINER A 3 Pro Hydro stands out with an impressive hashrate of 660 TH/s. Key specifications for SEALMINER A3 series: A3 Pro Hydro: Power Efficiency of 12.5 J/TH +-5%, Hashrate of 660 TH/s, Power consumption of (7875W - 8625W) +-10%. A3 Air: Power Efficiency of 14 J/TH +-5, Hashrate of 260 TH/s, Power Consumption of (3360W - 3920W) +-10%. The SEALMINER A3 series maintains the signature low-noise feature of the SEALMINER while significantly reducing power consumption per unit of hashrate. This advancement enhances the energy efficiency and environmental sustainability of the mining process, leading to lower operational costs for miners. Moreover, its increased hashrate fulfills the requirements for large-scale mining operations, offering strong support in computational capabilities. Bitdeer remains committed to enhancing transparency and efficiency in the mining industry through research and development investments and technological innovations, providing the industry with efficient and reliable mining solutions. Bitdeer will continue to uphold the principles of "Innovation, Efficiency, and Stability", offering global miners higher-quality and more reliable products and services.お知らせ • Aug 04Bitdeer Technologies Group to Report Q2, 2025 Results on Aug 18, 2025Bitdeer Technologies Group announced that they will report Q2, 2025 results at 7:00 AM, US Eastern Standard Time on Aug 18, 2025お知らせ • May 30Bitdeer Technologies Group (NasdaqCM:BTDR) announces an Equity Buyback for $40 million worth of its shares.Bitdeer Technologies Group (NasdaqCM:BTDR) announces a share repurchase program. Under the program, the company will repurchase up to $40 million worth of its class A ordinary shares. The program will be valid till May 29, 2026.お知らせ • May 01Bitdeer Technologies Group to Report Q1, 2025 Results on May 15, 2025Bitdeer Technologies Group announced that they will report Q1, 2025 results at 7:00 AM, US Eastern Standard Time on May 15, 2025収支内訳Bitdeer Technologies Group の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史BIT:1BTDR 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Mar 26739-19910211531 Dec 25620669115430 Sep 25464-5378014230 Jun 25357-3207710431 Mar 25300-1907211531 Dec 24350-599727730 Sep 24396-72726230 Jun 24421-24723131 Mar 24415-47734431 Dec 23369-57753030 Sep 23331-65813030 Jun 23320-85832831 Mar 23315-60893131 Dec 22333-601053530 Sep 22344-631234030 Jun 22355-561454631 Mar 22375161273931 Dec 2139583983030 Sep 2135985652030 Jun 2132387311031 Mar 2125516281031 Dec 20186-56261031 Dec 1989-28115質の高い収益: 1BTDRは現在利益が出ていません。利益率の向上: 1BTDRは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 1BTDRは利益が出ておらず、過去 5 年間で損失は年間54.7%の割合で増加しています。成長の加速: 1BTDRの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 1BTDRは利益が出ていないため、過去 1 年間の収益成長をSoftware業界 ( 11% ) と比較することは困難です。株主資本利益率高いROE: 1BTDRは現在利益が出ていないため、自己資本利益率 ( -27.29% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/15 20:59終値2026/06/15 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Bitdeer Technologies Group 11 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14 アナリスト機関Brian KinstlingerAlliance Global PartnersMark PalmerBenchmark CompanyNicholas GilesB. Riley Securities, Inc.11 その他のアナリストを表示
Reported Earnings • May 05Full year 2025 earnings released: EPS: US$0.32 (vs US$4.36 loss in FY 2024)Full year 2025 results: EPS: US$0.32 (up from US$4.36 loss in FY 2024). Revenue: US$620.3m (up 77% from FY 2024). Net income: US$65.6m (up US$664.7m from FY 2024). Profit margin: 11% (up from net loss in FY 2024). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Italy.
お知らせ • May 03Bitdeer Technologies Group to Report Q1, 2026 Results on May 14, 2026Bitdeer Technologies Group announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on May 14, 2026
お知らせ • Feb 05Bitdeer Technologies Group to Report Q4, 2025 Results on Feb 12, 2026Bitdeer Technologies Group announced that they will report Q4, 2025 results at 7:00 AM, US Eastern Standard Time on Feb 12, 2026
Reported Earnings • Nov 11Third quarter 2025 earnings released: US$1.28 loss per share (vs US$0.35 loss in 3Q 2024)Third quarter 2025 results: US$1.28 loss per share (further deteriorated from US$0.35 loss in 3Q 2024). Revenue: US$169.7m (up 174% from 3Q 2024). Net loss: US$266.7m (loss widened 432% from 3Q 2024). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy.
お知らせ • Oct 30Bitdeer Technologies Group to Report Q3, 2025 Results on Nov 10, 2025Bitdeer Technologies Group announced that they will report Q3, 2025 results at 7:00 AM, US Eastern Standard Time on Nov 10, 2025
Reported Earnings • Oct 01Second quarter 2025 earnings released: US$0.76 loss per share (vs US$0.14 loss in 2Q 2024)Second quarter 2025 results: US$0.76 loss per share (further deteriorated from US$0.14 loss in 2Q 2024). Revenue: US$155.6m (up 57% from 2Q 2024). Net loss: US$147.7m (loss widened US$130.0m from 2Q 2024). Revenue is forecast to grow 52% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy.
お知らせ • Jun 09Bitdeer Technologies Group Announces Management Changes, Effective June 8, 2026Bitdeer Technologies Group announced that Ms. Chao Suo had tendered her resignation as the Chief Operating Officer and Mr. Linghui Kong had tendered his resignation as the Chief Business Officer of the Company, in each case effective June 8, 2026. The resignation of each of Ms. Suo and Mr. Kong was due to personal reasons and was not the result of any dispute or disagreement with the Company on any matter relating to the Company's operations, policies or practices. Each of Ms. Suo and Mr. Kong will continue to serve the Company.
お知らせ • May 29Bitdeer Technologies Group Announces Chief Financial Officer ChangesBitdeer Technologies Group announced that Mr. Jianchun Liu had tendered his resignation as the Chief Financial Officer of the company, effective on June 30, 2026. Mr. Liu's resignation was due to personal reasons and was not the result of any dispute or disagreements with the Company on any matter relating to the Company's operations, policies or practices. Mr. Liu would continue to serve as Chief Financial Officer through June 30, 2026 to ensure an orderly transition, after which Mr. Liu would remain with the Company in the role of principal advisor. The board of directors of the Company has approved the appointment of Mr. Michael G. Potter to serve as the Chief Financial Officer of the Company, effective on May 26, 2026. Prior to joining the Company, Mr. Potter served as the chief financial officer of Corsair Gaming Inc. from November 2019 to December 2025, where he was a leader for the company's initial public offering in September 2020 and oversaw multiple capital markets transactions. From 2016 to 2019, Mr. Potter worked as a business consultant, including interim chief financial officer work and advising a large pension fund. Mr. Potter served as the senior vice president, chief financial officer and chief legal officer of Canadian Solar Inc. from July 2011 to May 2016. Prior to that, Mr. Potter held multiple chief financial officer roles in the semiconductor industry, including at Lattice Semiconductor Corporation from 2009 to 2011, at NeoPhotonics Corporation from 2007 to 2009 and at STATS ChipPAC Ltd. from 2000 to 2007. Mr. Potter also served as a board member and audit committee chair of Cordelio Power from 2018 to March 2026 and a board member of Canadian Solar from 2007 to 2013. Mr. Potter obtained a graduate diploma of public accountancy from McGill University and a bachelor of commerce in accounting from Concordia University. Mr. Potter is a chartered professional accountant in Quebec, Canada.
New Risk • May 17New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$199m Forecast net loss in 2 years: US$212m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.1b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$212m net loss in 2 years). Shareholders have been diluted in the past year (24% increase in shares outstanding).
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €11.91, the stock trades at a trailing P/E ratio of 51.3x. Average trailing P/E is 23x in the Software industry in Italy. Total returns to shareholders of 34% over the past year.
Reported Earnings • May 05Full year 2025 earnings released: EPS: US$0.32 (vs US$4.36 loss in FY 2024)Full year 2025 results: EPS: US$0.32 (up from US$4.36 loss in FY 2024). Revenue: US$620.3m (up 77% from FY 2024). Net income: US$65.6m (up US$664.7m from FY 2024). Profit margin: 11% (up from net loss in FY 2024). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Italy.
お知らせ • May 03Bitdeer Technologies Group to Report Q1, 2026 Results on May 14, 2026Bitdeer Technologies Group announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on May 14, 2026
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.19, the stock trades at a trailing P/E ratio of 39.5x. Average forward P/E is 10x in the Software industry in Italy.
お知らせ • Apr 09Bitdeer Technologies Group Launches Sealminer A4 Series Bitcoin Mining RigsBitdeer Technologies Group announced the launch of its latest self-developed mining machines, the SEALMINER A4 series. This generation integrates Bitdeer's proprietary SEAL04 chips, leveraging advanced process nodes to set competitive benchmarks in performance. The launch marks the successful fulfillment of Bitdeer’s previously announced technology roadmap, underscoring its commitment to long-term R&D objectives. The new series includes three models designed for diverse deployment environments: the air-cooling A4 Pro Air, and two hydro-cooling models, the A4 Pro Hydro and A4 Ultra Hydro. Key specifications for SEALMINER A4 series: · A4 Ultra Hydro: 9.45 J/TH | 886 TH/s | 8372.7 W · A4 Pro Hydro: 10.9 J/TH | 680 TH/s | 7412 W · A4 Pro Air: 10.9 J/TH | 336 TH/s | 3662.4 W Achieving a technical milestone of 9.45 J/TH, the A4 series is designed to enhance energy efficiency and assist operators in managing overhead. Beyond energy metrics, the lineup is engineered for consistent machine stability. Its hardware architecture is optimized for large-scale operations, aiming to improve uptime and reduce operational interruptions. Furthermore, the series maintains the SEALMINER brand’s signature low-noise profile. The advanced hydro-cooling system enables efficient thermal management, facilitating reliable performance even in high-density environments. Note: Product performance may vary by ±5% in power efficiency and ±10% in hashrate and power consumption. Final specifications are based on the delivered units.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €7.84, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 17x in the Software industry in Italy.
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to €7.08, the stock trades at a trailing P/E ratio of 34.7x. Average forward P/E is 10x in the Software industry in Italy.
お知らせ • Feb 19Bitdeer Technologies Group has filed a Follow-on Equity Offering.Bitdeer Technologies Group has filed a Follow-on Equity Offering. Security Name: Class A Ordinary Shares Security Type: Common Stock Transaction Features: Registered Direct Offering
New Risk • Feb 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 54% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings are forecast to decline by an average of 54% per year for the foreseeable future. High level of non-cash earnings (241% accrual ratio). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding).
New Risk • Feb 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (241% accrual ratio). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding).
Breakeven Date Change • Feb 11Forecast breakeven date pushed back to 2027The 11 analysts covering Bitdeer Technologies Group previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of US$227.8m in 2027. Average annual earnings growth of 137% is required to achieve expected profit on schedule.
お知らせ • Feb 05Bitdeer Technologies Group to Report Q4, 2025 Results on Feb 12, 2026Bitdeer Technologies Group announced that they will report Q4, 2025 results at 7:00 AM, US Eastern Standard Time on Feb 12, 2026
お知らせ • Dec 05Holzer & Holzer, LLC Announces Lawsuit Filed Against Bitdeer Technologies GroupHolzer & Holzer, LLC announced a shareholder class action lawsuit has been filed against Bitdeer Technologies Group. The lawsuit alleges that Court made materially false and/or misleading statements and/or failed to disclose material adverse information, including investigations that Court failed to disclose that the SEAL04 chip projected to have a chip-level energy efficiency of 5 J/TH would be ready for use in the A4 rigs with an expected mass production to begin in the second quarter 2025. If purchased shares of Bitdeer between June 6, 2024 and November 10, 2025, and experienced a significant loss on that investment, are encouraged to discuss legal rights by contacting Corey D. Holzer, Esq. at Holzer & Holzer, LLC. The deadline to ask the court to be appointed lead plaintiff in the case is February 2, 2026.
Breakeven Date Change • Nov 14Forecast breakeven date pushed back to 2026The 12 analysts covering Bitdeer Technologies Group previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 96% to 2025. The company is expected to make a profit of US$135.8m in 2026. Average annual earnings growth of 148% is required to achieve expected profit on schedule.
お知らせ • Nov 13Bitdeer Technologies Group has filed a Follow-on Equity Offering in the amount of $148.616292 million.Bitdeer Technologies Group has filed a Follow-on Equity Offering in the amount of $148.616292 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 10,661,140 Price\Range: $13.94 Transaction Features: Registered Direct Offering
Reported Earnings • Nov 11Third quarter 2025 earnings released: US$1.28 loss per share (vs US$0.35 loss in 3Q 2024)Third quarter 2025 results: US$1.28 loss per share (further deteriorated from US$0.35 loss in 3Q 2024). Revenue: US$169.7m (up 174% from 3Q 2024). Net loss: US$266.7m (loss widened 432% from 3Q 2024). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy.
お知らせ • Oct 30Bitdeer Technologies Group to Report Q3, 2025 Results on Nov 10, 2025Bitdeer Technologies Group announced that they will report Q3, 2025 results at 7:00 AM, US Eastern Standard Time on Nov 10, 2025
Reported Earnings • Oct 01Second quarter 2025 earnings released: US$0.76 loss per share (vs US$0.14 loss in 2Q 2024)Second quarter 2025 results: US$0.76 loss per share (further deteriorated from US$0.14 loss in 2Q 2024). Revenue: US$155.6m (up 57% from 2Q 2024). Net loss: US$147.7m (loss widened US$130.0m from 2Q 2024). Revenue is forecast to grow 52% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy.
Board Change • Oct 01Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Guang Yang is the most experienced director on the board, commencing their role in 2023. Independent Director Sheldon Trainor-DeGirolamo was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Sep 17Bitdeer Technologies Group Launches Sealminer A3 Series Bitcoin Mining Machines Achieves Power Efficiency of 12.5 J/ThBitdeer Technologies Group announced the launch of its newest self-developed Bitcoin mining machines, the SEALMINER A3 series. The latest iteration of the SEALMINER, the A3 series, includes four models: the air-cooling models (A3 Air, A3 Pro Air) and the hydro-cooling models (A 3 Hydro, A3 Pro Hydro). Notably, the SEALMINER A 3 Pro Hydro stands out with an impressive hashrate of 660 TH/s. Key specifications for SEALMINER A3 series: A3 Pro Hydro: Power Efficiency of 12.5 J/TH +-5%, Hashrate of 660 TH/s, Power consumption of (7875W - 8625W) +-10%. A3 Air: Power Efficiency of 14 J/TH +-5, Hashrate of 260 TH/s, Power Consumption of (3360W - 3920W) +-10%. The SEALMINER A3 series maintains the signature low-noise feature of the SEALMINER while significantly reducing power consumption per unit of hashrate. This advancement enhances the energy efficiency and environmental sustainability of the mining process, leading to lower operational costs for miners. Moreover, its increased hashrate fulfills the requirements for large-scale mining operations, offering strong support in computational capabilities. Bitdeer remains committed to enhancing transparency and efficiency in the mining industry through research and development investments and technological innovations, providing the industry with efficient and reliable mining solutions. Bitdeer will continue to uphold the principles of "Innovation, Efficiency, and Stability", offering global miners higher-quality and more reliable products and services.
お知らせ • Aug 04Bitdeer Technologies Group to Report Q2, 2025 Results on Aug 18, 2025Bitdeer Technologies Group announced that they will report Q2, 2025 results at 7:00 AM, US Eastern Standard Time on Aug 18, 2025
お知らせ • May 30Bitdeer Technologies Group (NasdaqCM:BTDR) announces an Equity Buyback for $40 million worth of its shares.Bitdeer Technologies Group (NasdaqCM:BTDR) announces a share repurchase program. Under the program, the company will repurchase up to $40 million worth of its class A ordinary shares. The program will be valid till May 29, 2026.
お知らせ • May 01Bitdeer Technologies Group to Report Q1, 2025 Results on May 15, 2025Bitdeer Technologies Group announced that they will report Q1, 2025 results at 7:00 AM, US Eastern Standard Time on May 15, 2025