BITFD Stock Overview
Engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Bitfarms Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$10.85 |
| 52 Week High | CA$21.00 |
| 52 Week Low | CA$6.38 |
| Beta | 3.18 |
| 11 Month Change | 8.50% |
| 3 Month Change | -5.65% |
| 1 Year Change | 70.06% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 39.10% |
Recent News & Updates
Recent updates
Shareholder Returns
| BITFD | AR Software | AR Market | |
|---|---|---|---|
| 7D | -8.1% | 0% | 0% |
| 1Y | 70.1% | 0% | 0% |
Return vs Industry: BITFD exceeded the AR Software industry which returned 25.1% over the past year.
Return vs Market: BITFD underperformed the AR Market which returned 120.6% over the past year.
Price Volatility
| BITFD volatility | |
|---|---|
| BITFD Average Weekly Movement | 11.0% |
| Software Industry Average Movement | 0% |
| Market Average Movement | 0% |
| 10% most volatile stocks in AR Market | 0% |
| 10% least volatile stocks in AR Market | 0% |
Stable Share Price: BITFD's share price has been volatile over the past 3 months compared to the AR market.
Volatility Over Time: BITFD's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of AR stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 170 | Ben Gagnon | www.bitfarms.com |
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.
Bitfarms Ltd. Fundamentals Summary
| BITFD fundamental statistics | |
|---|---|
| Market cap | US$1.00b |
| Earnings (TTM) | -US$126.39m |
| Revenue (TTM) | US$182.96m |
5.5x
P/S Ratio-7.9x
P/E RatioIs BITFD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BITFD income statement (TTM) | |
|---|---|
| Revenue | US$182.96m |
| Cost of Revenue | US$214.95m |
| Gross Profit | -US$31.99m |
| Other Expenses | US$94.40m |
| Earnings | -US$126.39m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.27 |
| Gross Margin | -17.48% |
| Net Profit Margin | -69.08% |
| Debt/Equity Ratio | 0.3% |
How did BITFD perform over the long term?
See historical performance and comparison