View Future GrowthBit Brother 과거 순이익 실적과거 기준 점검 0/6지난 몇 년간 Bit Brother 의 실적에 대한 데이터가 부족합니다.핵심 정보n/a순이익 성장률n/a주당순이익(EPS) 성장률Software 산업 성장률17.33%매출 성장률n/a자기자본이익률n/a순이익률n/a최근 순이익 업데이트30 Jun 2023최근 과거 실적 업데이트Reported Earnings • Oct 13Full year 2023 earnings released: US$0.68 loss per share (vs US$2.24 loss in FY 2022)Full year 2023 results: US$0.68 loss per share. Revenue: US$2.88m (up 277% from FY 2022). Net loss: US$96.7m (loss widened US$84.9m from FY 2022).Reported Earnings • Mar 29First half 2023 earnings released: US$0.65 loss per share (vs US$0.92 loss in 1H 2022)First half 2023 results: US$0.65 loss per share. Net loss: US$7.02m (loss widened 105% from 1H 2022).Reported Earnings • Nov 01Full year 2022 earnings released: US$0.15 loss per share (vs US$0.80 loss in FY 2021)Full year 2022 results: US$0.15 loss per share. Net loss: US$11.8m (loss widened 46% from FY 2021).Reported Earnings • Apr 17First half 2022 earnings releasedFirst half 2022 results: Net income: (up US$681.0k from 1H 2021).Reported Earnings • Nov 17Full year 2021 earnings released: US$0.80 loss per share (vs US$0.63 loss in FY 2020)The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: US$5.71m (up US$4.85m from FY 2020). Net loss: US$8.13m (loss widened 286% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.Reported Earnings • Nov 02Full year earnings released - US$0.063 loss per shareOver the last 12 months the company has reported total losses of US$2.11m, with losses widening by 124% from the prior year.모든 업데이트 보기Recent updates공시 • Mar 13Bit Brother Plans to Appeal Delisting Determination by Nasdaq Hearing PanelBit Brother Limited (‘Bit Brother’ or the ‘Company’) announced its intention to appeal the recent delisting decision issued by the Hearing Panel of Nasdaq Stock Market (‘Nasdaq’). The company has recently received correspondence from shareholders across the globe who indicted that they believe the company’s recent financing activities have not harmed their interests. And it is with their support that the company will be submitting its appeal. As the cryptocurrency market experiences a bullish trend, the company remains focused on its digital currency operations, and shareholders are eagerly anticipating the company’s growth in this thriving market. It is precisely during this opportune moment in the cryptocurrency market that Nasdaq’s decision to delist the company should be considered as detrimental to shareholder interests. The timing of this Panel’s decision is particularly unfortunate as shareholders expect significant returns from the company’s operations in the cryptocurrency sector. The company was told on the social media platform that since the trading of the company’s Class A ordinary shares was suspended on Nasdaq since March 7 many of the company’s shareholders were unable to trade on OTC. They told the company they could only sell shares and suffered a huge loss when the stock price fell sharply. The company intend to submit its appeal to Nasdaq no later than March 20, 2024.공시 • Mar 07Bit Brother Limited(OTCPK:BETS) dropped from NASDAQ Composite IndexUrban Tea Inc has been removed from NASDAQ Composite Index .공시 • Dec 07Bit Brother Limited has filed a Follow-on Equity Offering in the amount of $12 million.Bit Brother Limited has filed a Follow-on Equity Offering in the amount of $12 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 184,615,385 Price\Range: $0.065 Discount Per Security: $0.00455 Security Name: Class D Warrants Security Type: Equity Warrant Securities Offered: 184,615,385 Security Name: Class E Warrants Security Type: Equity Warrant Securities Offered: 184,615,385 Transaction Features: Registered Direct Offering공시 • Dec 06Bit Brother Limited Receives a Certificate of Occupancy and is Scheduled to Commence Operations in Early 2024Bit Brother Limited announced that its 2-acre cryptocurrency mining farm site located in Abilene, Texas received a Certificate of Occupancy and is scheduled to commence operations by early 2024. In the application and preparation process, the Company's operation team has adjusted a clear distinction between the industrial operations and the residential area in its mining farm in Abilene, Texas in accordance with the Abilene City code. At present, the Company has met all of the requirements and has received a Certificate of Occupancy from the city of Abilene. The Company has purchased an initial batch of approximately USD 5 million of cryptocurrency mining servers, and the entire set of equipment is scheduled to be shipped to the site before the end of December 2023, while operations are expected to in early 2024, assuming that the equipment will be fully delivered and passes inspection benchmarks. The monthly production is estimated to be 12 BTC, assuming that all the machines are functioning as expected.공시 • Nov 30Bit Brother Limited Announces Significant achievements Regarding its 6MW Mining Farm At 1968 N Access Rd, Clyde, TX 79510Bit Brother Limited announced significant achievements regarding its 6MW mining farm at 1968 N Access Rd, Clyde, TX 79510. Over the past 11 months, the facility has generated a total value exceeding 120 BTC. Starting operations on January 17, 2023, the mining farm reached full 6MW capacity after installing 1.5 MW miner servers in May. Despite challenges from the Texas summer heat, outcomes met expectations, due to the mining operation team's professionalism in addressing issues, managing server operations, handling power curtailments, and overseeing overall operations. The Company's second 2-acre mining farm at 5418 Lockheed Way, Abilene, TX 79603, is in the final stages of infrastructure development. This includes completing construction and setting up of the warehouse, mining containers and associated infrastructure. Anticipated in December, customized power transformers and sound insulation walls are expected to be delivered and installed in December. Operations are expected to start in January, assuming the equipment are inspected and accepted, and preparatory tasks are completed by then. The initial batch involved purchasing about 1,500 mining servers, with an estimated daily production of 0.4 BTC, assuming optimal functionality of all machines.New Risk • Oct 26New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$97.3m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$27m free cash flow). Earnings have declined by 90% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 27x increase in shares outstanding). Minor Risks Revenue is less than US$5m (US$2.9m revenue). Market cap is less than US$100m (US$97.3m market cap).Reported Earnings • Oct 13Full year 2023 earnings released: US$0.68 loss per share (vs US$2.24 loss in FY 2022)Full year 2023 results: US$0.68 loss per share. Revenue: US$2.88m (up 277% from FY 2022). Net loss: US$96.7m (loss widened US$84.9m from FY 2022).공시 • Jun 16Bit Brother Limited Announces Resignation of Ralph Leslie Jones as Executive DirectorEffective May 26, 2023, Mr. Ralph Leslie Jones resigned from his positions as the executive director of the board of directors of Bit Brother Limited. Mr. Jones' resignation was for personal reasons and did not result from any disagreement with the Company.공시 • May 23Bit Brother Ltd. Receives Nasdaq Notification Letter Regarding Bid Price DeficiencyBit Brother Limited announced that on May 16, 2023, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC ("Nasdaq") notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company's ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until November 13, 2023 to regain compliance. If at any time during such 180-day period the closing bid price of the Company's Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary.Reported Earnings • Mar 29First half 2023 earnings released: US$0.65 loss per share (vs US$0.92 loss in 1H 2022)First half 2023 results: US$0.65 loss per share. Net loss: US$7.02m (loss widened 105% from 1H 2022).공시 • Jan 24Bit Brother Limited Announces 2.39 Bitcoin Has Been MinedBit Brother Limited announced till the time this Press Release is published, all 1,400 S19J Pro cryptocurrency mining servers have been operating with the total hash rate of 140,000 TH/S in Texas mining farm, which is owned by BTB's subsidiary Bit Brother New York Inc. And 2.39 Bitcoin has been mined. The Company seeks to provide as much transparency about its bitcoin mining operation as possible. These mining results do not include any financial results for the Company and do not address the Company's other, non-mining operations. United States generally accepted accounting principles for cryptocurrency mining are complex, emerging, and uncertain. Cryptocurrencies may not be recognized as cash or cash equivalents, and mining activities may not qualify for revenue recognition. Cryptocurrencies have no inherent value, are not legal tender recognized by any governmental entity, and might not be able to be converted into fiat currencies. Investors are advised not to place undue reliance on mining results alone, without considering other financial and non-financial metrics.공시 • Jan 10Bit Brother Regains Compliance with Nasdaq Minimum Bid Price Requirements for Continued ListingBit Brother Limited announced that on December 30, 2022, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed. On January 4, 2022, the Company was first notified by Nasdaq its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive business days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was given its first 180-day extension, or until July 5, 2022 to regain compliance. On July 7, 2022, the Company received a second 180-day extension from Nasdaq or until January 2, 2023 to regain compliance. Effective December 15, 2022, the Company effected a fifteen-to-one (15-to-1) reverse split of its Class A Ordinary Shares, which was reflected with Nasdaq and in the marketplace at the opening of business on December 15, 2022. The letter the Company received from Nasdaq on December 30, 2022 noted that as of December 29, 2022, the Company evidenced a closing bid price of its Class A ordinary shares at or greater than the $1.00 per share minimum requirement for the last 10 consecutive business days, from December 15, 2022 through December 29, 2022. Nasdaq stated that accordingly, Bit Brother Limited has regained compliance with Nasdaq Listing Rule 5550(a)(2).Reported Earnings • Nov 01Full year 2022 earnings released: US$0.15 loss per share (vs US$0.80 loss in FY 2021)Full year 2022 results: US$0.15 loss per share. Net loss: US$11.8m (loss widened 46% from FY 2021).Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yunfei Song was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Apr 17First half 2022 earnings releasedFirst half 2022 results: Net income: (up US$681.0k from 1H 2021).Board Change • Apr 01Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yunfei Song was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 17Full year 2021 earnings released: US$0.80 loss per share (vs US$0.63 loss in FY 2020)The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: US$5.71m (up US$4.85m from FY 2020). Net loss: US$8.13m (loss widened 286% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.분석 기사 • Sep 09Here's Why We're Not At All Concerned With Bit Brother's (NASDAQ:BTB) Cash Burn SituationWe can readily understand why investors are attracted to unprofitable companies. For example, although...분석 기사 • May 25Here's Why We're Not At All Concerned With Urban Tea's (NASDAQ:MYT) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...Executive Departure • May 17Chief Financial Officer has left the companyOn the 11th of May, Jing Lu's tenure as Chief Financial Officer ended after 2.1 years in the role. We don't have any record of a personal shareholding under Jing's name. A total of 6 executives have left over the last 12 months.Executive Departure • Feb 22Executive Director has left the companyOn the 17th of February, Changguang Wu's tenure in the role of Executive Director ended. We don't have any record of a personal shareholding under Changguang's name. A total of 3 executives have left over the last 12 months.Is New 90 Day High Low • Feb 20New 90-day high: US$6.05The company is up 248% from its price of US$1.74 on 20 November 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is down 3.0% over the same period.분석 기사 • Feb 09We're Hopeful That Urban Tea (NASDAQ:MYT) Will Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...Is New 90 Day High Low • Feb 05New 90-day high: US$2.44The company is up 50% from its price of US$1.63 on 06 November 2020. The American market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 1.0% over the same period.Is New 90 Day High Low • Jan 21New 90-day high: US$2.22The company is up 21% from its price of US$1.84 on 22 October 2020. The American market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 1.0% over the same period.Is New 90 Day High Low • Dec 30New 90-day high: US$1.98The company is up 19% from its price of US$1.67 on 30 September 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 6.0% over the same period.Reported Earnings • Nov 02Full year earnings released - US$0.063 loss per shareOver the last 12 months the company has reported total losses of US$2.11m, with losses widening by 124% from the prior year.매출 및 비용 세부 내역Bit Brother가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이OTCPK:BETS.F 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비30 Jun 233-9739031 Dec 220-1513030 Sep 220-1412030 Jun 221-1210031 Dec 21-2-1111030 Sep 21-1-1010030 Jun 210-89031 Mar 215-57031 Dec 204-13030 Sep 203-23030 Jun 200-22031 Mar 201-23031 Dec 191-23030 Sep 191-13030 Jun 190-12031 Mar 190-11031 Dec 18000030 Sep 18001030 Jun 180-11031 Mar 18-4314-15031 Dec 1726-2427030 Sep 1741-2629030 Jun 170-23031 Mar 1755-2425031 Dec 1653-1918030 Sep 1653-1316030 Jun 1653-715031 Mar 1684-111031 Dec 1511556030 Sep 1515937030 Jun 15202170양질의 수익: BETS.F가 고품질 수익을 갖고 있는지 판단하기에는 데이터가 부족합니다.이익 마진 증가: 지난 1년 동안 BETS.F의 이익률이 개선되었는지 판단하기에 데이터가 부족합니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 지난 5년 동안 BETS.F의 연간 수익 성장률이 양(+)이었는지 판단하기에 데이터가 부족합니다.성장 가속화: BETS.F의 지난해 수익 성장률을 5년 평균과 비교하기에 데이터가 부족합니다.수익 대 산업: BETS.F의 지난 해 수익 증가율이 Software 업계 평균을 상회했는지 판단하기에 데이터가 부족합니다.자기자본이익률높은 ROE: BETS.F는 현재 수익성이 없으므로 자본 수익률이 음수(0%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/18 12:39종가2026/06/16 00:00수익2023/06/30연간 수익2023/06/30데이터 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 소스Bit Brother Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Oct 13Full year 2023 earnings released: US$0.68 loss per share (vs US$2.24 loss in FY 2022)Full year 2023 results: US$0.68 loss per share. Revenue: US$2.88m (up 277% from FY 2022). Net loss: US$96.7m (loss widened US$84.9m from FY 2022).
Reported Earnings • Mar 29First half 2023 earnings released: US$0.65 loss per share (vs US$0.92 loss in 1H 2022)First half 2023 results: US$0.65 loss per share. Net loss: US$7.02m (loss widened 105% from 1H 2022).
Reported Earnings • Nov 01Full year 2022 earnings released: US$0.15 loss per share (vs US$0.80 loss in FY 2021)Full year 2022 results: US$0.15 loss per share. Net loss: US$11.8m (loss widened 46% from FY 2021).
Reported Earnings • Apr 17First half 2022 earnings releasedFirst half 2022 results: Net income: (up US$681.0k from 1H 2021).
Reported Earnings • Nov 17Full year 2021 earnings released: US$0.80 loss per share (vs US$0.63 loss in FY 2020)The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: US$5.71m (up US$4.85m from FY 2020). Net loss: US$8.13m (loss widened 286% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Nov 02Full year earnings released - US$0.063 loss per shareOver the last 12 months the company has reported total losses of US$2.11m, with losses widening by 124% from the prior year.
공시 • Mar 13Bit Brother Plans to Appeal Delisting Determination by Nasdaq Hearing PanelBit Brother Limited (‘Bit Brother’ or the ‘Company’) announced its intention to appeal the recent delisting decision issued by the Hearing Panel of Nasdaq Stock Market (‘Nasdaq’). The company has recently received correspondence from shareholders across the globe who indicted that they believe the company’s recent financing activities have not harmed their interests. And it is with their support that the company will be submitting its appeal. As the cryptocurrency market experiences a bullish trend, the company remains focused on its digital currency operations, and shareholders are eagerly anticipating the company’s growth in this thriving market. It is precisely during this opportune moment in the cryptocurrency market that Nasdaq’s decision to delist the company should be considered as detrimental to shareholder interests. The timing of this Panel’s decision is particularly unfortunate as shareholders expect significant returns from the company’s operations in the cryptocurrency sector. The company was told on the social media platform that since the trading of the company’s Class A ordinary shares was suspended on Nasdaq since March 7 many of the company’s shareholders were unable to trade on OTC. They told the company they could only sell shares and suffered a huge loss when the stock price fell sharply. The company intend to submit its appeal to Nasdaq no later than March 20, 2024.
공시 • Mar 07Bit Brother Limited(OTCPK:BETS) dropped from NASDAQ Composite IndexUrban Tea Inc has been removed from NASDAQ Composite Index .
공시 • Dec 07Bit Brother Limited has filed a Follow-on Equity Offering in the amount of $12 million.Bit Brother Limited has filed a Follow-on Equity Offering in the amount of $12 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 184,615,385 Price\Range: $0.065 Discount Per Security: $0.00455 Security Name: Class D Warrants Security Type: Equity Warrant Securities Offered: 184,615,385 Security Name: Class E Warrants Security Type: Equity Warrant Securities Offered: 184,615,385 Transaction Features: Registered Direct Offering
공시 • Dec 06Bit Brother Limited Receives a Certificate of Occupancy and is Scheduled to Commence Operations in Early 2024Bit Brother Limited announced that its 2-acre cryptocurrency mining farm site located in Abilene, Texas received a Certificate of Occupancy and is scheduled to commence operations by early 2024. In the application and preparation process, the Company's operation team has adjusted a clear distinction between the industrial operations and the residential area in its mining farm in Abilene, Texas in accordance with the Abilene City code. At present, the Company has met all of the requirements and has received a Certificate of Occupancy from the city of Abilene. The Company has purchased an initial batch of approximately USD 5 million of cryptocurrency mining servers, and the entire set of equipment is scheduled to be shipped to the site before the end of December 2023, while operations are expected to in early 2024, assuming that the equipment will be fully delivered and passes inspection benchmarks. The monthly production is estimated to be 12 BTC, assuming that all the machines are functioning as expected.
공시 • Nov 30Bit Brother Limited Announces Significant achievements Regarding its 6MW Mining Farm At 1968 N Access Rd, Clyde, TX 79510Bit Brother Limited announced significant achievements regarding its 6MW mining farm at 1968 N Access Rd, Clyde, TX 79510. Over the past 11 months, the facility has generated a total value exceeding 120 BTC. Starting operations on January 17, 2023, the mining farm reached full 6MW capacity after installing 1.5 MW miner servers in May. Despite challenges from the Texas summer heat, outcomes met expectations, due to the mining operation team's professionalism in addressing issues, managing server operations, handling power curtailments, and overseeing overall operations. The Company's second 2-acre mining farm at 5418 Lockheed Way, Abilene, TX 79603, is in the final stages of infrastructure development. This includes completing construction and setting up of the warehouse, mining containers and associated infrastructure. Anticipated in December, customized power transformers and sound insulation walls are expected to be delivered and installed in December. Operations are expected to start in January, assuming the equipment are inspected and accepted, and preparatory tasks are completed by then. The initial batch involved purchasing about 1,500 mining servers, with an estimated daily production of 0.4 BTC, assuming optimal functionality of all machines.
New Risk • Oct 26New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$97.3m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$27m free cash flow). Earnings have declined by 90% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 27x increase in shares outstanding). Minor Risks Revenue is less than US$5m (US$2.9m revenue). Market cap is less than US$100m (US$97.3m market cap).
Reported Earnings • Oct 13Full year 2023 earnings released: US$0.68 loss per share (vs US$2.24 loss in FY 2022)Full year 2023 results: US$0.68 loss per share. Revenue: US$2.88m (up 277% from FY 2022). Net loss: US$96.7m (loss widened US$84.9m from FY 2022).
공시 • Jun 16Bit Brother Limited Announces Resignation of Ralph Leslie Jones as Executive DirectorEffective May 26, 2023, Mr. Ralph Leslie Jones resigned from his positions as the executive director of the board of directors of Bit Brother Limited. Mr. Jones' resignation was for personal reasons and did not result from any disagreement with the Company.
공시 • May 23Bit Brother Ltd. Receives Nasdaq Notification Letter Regarding Bid Price DeficiencyBit Brother Limited announced that on May 16, 2023, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC ("Nasdaq") notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company's ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until November 13, 2023 to regain compliance. If at any time during such 180-day period the closing bid price of the Company's Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary.
Reported Earnings • Mar 29First half 2023 earnings released: US$0.65 loss per share (vs US$0.92 loss in 1H 2022)First half 2023 results: US$0.65 loss per share. Net loss: US$7.02m (loss widened 105% from 1H 2022).
공시 • Jan 24Bit Brother Limited Announces 2.39 Bitcoin Has Been MinedBit Brother Limited announced till the time this Press Release is published, all 1,400 S19J Pro cryptocurrency mining servers have been operating with the total hash rate of 140,000 TH/S in Texas mining farm, which is owned by BTB's subsidiary Bit Brother New York Inc. And 2.39 Bitcoin has been mined. The Company seeks to provide as much transparency about its bitcoin mining operation as possible. These mining results do not include any financial results for the Company and do not address the Company's other, non-mining operations. United States generally accepted accounting principles for cryptocurrency mining are complex, emerging, and uncertain. Cryptocurrencies may not be recognized as cash or cash equivalents, and mining activities may not qualify for revenue recognition. Cryptocurrencies have no inherent value, are not legal tender recognized by any governmental entity, and might not be able to be converted into fiat currencies. Investors are advised not to place undue reliance on mining results alone, without considering other financial and non-financial metrics.
공시 • Jan 10Bit Brother Regains Compliance with Nasdaq Minimum Bid Price Requirements for Continued ListingBit Brother Limited announced that on December 30, 2022, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed. On January 4, 2022, the Company was first notified by Nasdaq its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive business days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was given its first 180-day extension, or until July 5, 2022 to regain compliance. On July 7, 2022, the Company received a second 180-day extension from Nasdaq or until January 2, 2023 to regain compliance. Effective December 15, 2022, the Company effected a fifteen-to-one (15-to-1) reverse split of its Class A Ordinary Shares, which was reflected with Nasdaq and in the marketplace at the opening of business on December 15, 2022. The letter the Company received from Nasdaq on December 30, 2022 noted that as of December 29, 2022, the Company evidenced a closing bid price of its Class A ordinary shares at or greater than the $1.00 per share minimum requirement for the last 10 consecutive business days, from December 15, 2022 through December 29, 2022. Nasdaq stated that accordingly, Bit Brother Limited has regained compliance with Nasdaq Listing Rule 5550(a)(2).
Reported Earnings • Nov 01Full year 2022 earnings released: US$0.15 loss per share (vs US$0.80 loss in FY 2021)Full year 2022 results: US$0.15 loss per share. Net loss: US$11.8m (loss widened 46% from FY 2021).
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yunfei Song was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Apr 17First half 2022 earnings releasedFirst half 2022 results: Net income: (up US$681.0k from 1H 2021).
Board Change • Apr 01Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yunfei Song was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 17Full year 2021 earnings released: US$0.80 loss per share (vs US$0.63 loss in FY 2020)The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: US$5.71m (up US$4.85m from FY 2020). Net loss: US$8.13m (loss widened 286% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.
분석 기사 • Sep 09Here's Why We're Not At All Concerned With Bit Brother's (NASDAQ:BTB) Cash Burn SituationWe can readily understand why investors are attracted to unprofitable companies. For example, although...
분석 기사 • May 25Here's Why We're Not At All Concerned With Urban Tea's (NASDAQ:MYT) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Executive Departure • May 17Chief Financial Officer has left the companyOn the 11th of May, Jing Lu's tenure as Chief Financial Officer ended after 2.1 years in the role. We don't have any record of a personal shareholding under Jing's name. A total of 6 executives have left over the last 12 months.
Executive Departure • Feb 22Executive Director has left the companyOn the 17th of February, Changguang Wu's tenure in the role of Executive Director ended. We don't have any record of a personal shareholding under Changguang's name. A total of 3 executives have left over the last 12 months.
Is New 90 Day High Low • Feb 20New 90-day high: US$6.05The company is up 248% from its price of US$1.74 on 20 November 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is down 3.0% over the same period.
분석 기사 • Feb 09We're Hopeful That Urban Tea (NASDAQ:MYT) Will Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Is New 90 Day High Low • Feb 05New 90-day high: US$2.44The company is up 50% from its price of US$1.63 on 06 November 2020. The American market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Jan 21New 90-day high: US$2.22The company is up 21% from its price of US$1.84 on 22 October 2020. The American market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Dec 30New 90-day high: US$1.98The company is up 19% from its price of US$1.67 on 30 September 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 6.0% over the same period.
Reported Earnings • Nov 02Full year earnings released - US$0.063 loss per shareOver the last 12 months the company has reported total losses of US$2.11m, with losses widening by 124% from the prior year.