Bitfarms Future Growth
Future criteria checks 5/6
Bitfarms is forecast to grow earnings and revenue by 51.7% and 26.6% per annum respectively while EPS is expected to grow by 53.6% per annum.
Key information
51.7%
Earnings growth rate
53.6%
EPS growth rate
| Software earnings growth | 16.2% |
| Revenue growth rate | 26.6% |
| Future return on equity | n/a |
| Analyst coverage | Good |
| Last updated | 30 Apr 2024 |
Recent future growth updates
No updates
Recent updates
Bitfarms Ltd.'s (TSE:BITF) 25% Jump Shows Its Popularity With Investors
Mar 01
Is Bitfarms (TSE:BITF) Using Too Much Debt?
Sep 05Is Bitfarms (TSE:BITF) A Risky Investment?
Jun 02Bitfarms Ltd.'s (TSE:BITF) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Apr 17Returns On Capital Signal Tricky Times Ahead For Bitfarms (TSE:BITF)
Jan 10Is There Now An Opportunity In Bitfarms Ltd. (TSE:BITF)?
Apr 25Bitfarms (CVE:BITF) Has A Pretty Healthy Balance Sheet
Mar 29Returns On Capital At Bitfarms (CVE:BITF) Paint A Concerning Picture
Jan 09Here's Why Bitfarms (CVE:BITF) Can Manage Its Debt Responsibly
Dec 14Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 657 | 213 | N/A | 249 | 1 |
| 12/31/2025 | 513 | 166 | N/A | 244 | 5 |
| 12/31/2024 | 270 | -17 | N/A | 94 | 6 |
| 12/31/2023 | 146 | -104 | -50 | 24 | N/A |
| 9/30/2023 | 127 | -64 | -30 | 43 | N/A |
| 6/30/2023 | 126 | -130 | -38 | 50 | N/A |
| 3/31/2023 | 132 | -246 | -58 | 77 | N/A |
| 12/31/2022 | 142 | -176 | -159 | 36 | N/A |
| 9/30/2022 | 175 | -213 | -239 | -7 | N/A |
| 6/30/2022 | 187 | -104 | -264 | -38 | N/A |
| 3/31/2022 | 181 | 34 | -307 | -75 | N/A |
| 12/31/2021 | 169 | 22 | -237 | -43 | N/A |
| 9/30/2021 | 121 | 7 | -162 | -30 | N/A |
| 6/30/2021 | 83 | -21 | -116 | -13 | N/A |
| 3/31/2021 | 54 | -21 | -35 | -3 | N/A |
| 12/31/2020 | 35 | -16 | 3 | 7 | N/A |
| 9/30/2020 | 34 | -10 | -1 | 7 | N/A |
| 6/30/2020 | 37 | -1 | -8 | 7 | N/A |
| 3/31/2020 | 38 | 2 | -14 | 8 | N/A |
| 12/31/2019 | 32 | 3 | -18 | 6 | N/A |
| 9/30/2019 | 27 | -11 | -18 | 4 | N/A |
| 6/30/2019 | 24 | -16 | -10 | 4 | N/A |
| 3/31/2019 | 22 | -17 | -12 | 4 | N/A |
| 12/31/2018 | 34 | -9 | -9 | 14 | N/A |
| 12/31/2017 | 52 | 29 | -36 | 46 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BITF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).
Earnings vs Market: BITF is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BITF is expected to become profitable in the next 3 years.
Revenue vs Market: BITF's revenue (26.6% per year) is forecast to grow faster than the Canadian market (6.7% per year).
High Growth Revenue: BITF's revenue (26.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BITF's Return on Equity is forecast to be high in 3 years time