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Bitfarms DB:1B2 Stock Report

Last Price

€1.93

Market Cap

€919.1m

7D

3.6%

1Y

21.3%

Updated

03 Dec, 2024

Data

Company Financials +

Bitfarms Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bitfarms
Historical stock prices
Current Share PriceCA$1.93
52 Week HighCA$3.76
52 Week LowCA$1.42
Beta3.17
11 Month Change7.59%
3 Month Change6.46%
1 Year Change21.32%
33 Year Changen/a
5 Year Changen/a
Change since IPO86.02%

Recent News & Updates

Recent updates

Shareholder Returns

1B2DE SoftwareDE Market
7D3.6%3.2%1.5%
1Y21.3%54.2%8.8%

Return vs Industry: 1B2 underperformed the German Software industry which returned 54.2% over the past year.

Return vs Market: 1B2 exceeded the German Market which returned 8.8% over the past year.

Price Volatility

Is 1B2's price volatile compared to industry and market?
1B2 volatility
1B2 Average Weekly Movement15.1%
Software Industry Average Movement5.0%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.9%
10% least volatile stocks in DE Market2.4%

Stable Share Price: 1B2's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: 1B2's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
2017170Ben Gagnonwww.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

How do Bitfarms's earnings and revenue compare to its market cap?
1B2 fundamental statistics
Market cap€919.13m
Earnings (TTM)-€120.32m
Revenue (TTM)€174.18m

5.3x

P/S Ratio

-7.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1B2 income statement (TTM)
RevenueUS$182.96m
Cost of RevenueUS$214.95m
Gross Profit-US$31.99m
Other ExpensesUS$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 Ratio0.3%

How did 1B2 perform over the long term?

See historical performance and comparison