View ValuationBitdeer Technologies Group 향후 성장Future 기준 점검 2/6Bitdeer Technologies Group (는) 각각 연간 6.1% 및 31% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 22.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 -144.7% 로 예상됩니다.핵심 정보6.1%이익 성장률22.23%EPS 성장률Software 이익 성장50.1%매출 성장률31.0%향후 자기자본이익률-144.69%애널리스트 커버리지Good마지막 업데이트21 May 2026최근 향후 성장 업데이트Breakeven 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.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.모든 업데이트 보기Recent updates공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2026공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2025공시 • 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.공시 • 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, 2025이익 및 매출 성장 예측BIT:1BTDR - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20281,541-346-35759112/31/20271,418-142-247-158812/31/2026966-372-1,176-632113/31/2026739-199-2,116-1,800N/A12/31/202562066-2,006-1,739N/A9/30/2025464-537-1,730-1,464N/A6/30/2025357-320-1,270-1,035N/A3/31/2025300-190-916-774N/A12/31/2024350-599-749-622N/A9/30/2024396-72-468-364N/A6/30/2024421-24-409-321N/A3/31/2024415-47N/AN/AN/A12/31/2023369-57-398-272N/A9/30/2023331-65N/AN/AN/A6/30/2023320-85-374-273N/A3/31/2023315-60N/AN/AN/A12/31/2022333-60-331-268N/A9/30/2022344-63N/AN/AN/A6/30/2022355-56-318-204N/A3/31/202237516N/AN/AN/A12/31/202139583-142-52N/A9/30/202135985-138-56N/A6/30/202132387-134-59N/A3/31/202125516-194-84N/A12/31/2020186-56-253-109N/A12/31/201989-28N/A-57N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 1BTDR 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 vs 시장: 1BTDR 향후 3년 동안 수익성이 없을 것으로 예상됩니다.고성장 수익: 1BTDR 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 대 시장: 1BTDR 의 수익(연간 31%)이 Italian 시장(연간 5.9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 1BTDR 의 수익(연간 31%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 1BTDR는 3년 뒤에도 수익성이 없을 것으로 전망됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/15 20:59종가2026/06/15 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Bitdeer Technologies Group는 14명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Brian KinstlingerAlliance Global PartnersMark PalmerBenchmark CompanyNicholas GilesB. Riley Securities, Inc.11명의 분석가 더 보기
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.
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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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