BIT Mining Past Earnings Performance
Past criteria checks 0/6
BIT Mining's earnings have been declining at an average annual rate of -6.7%, while the Software industry saw earnings growing at 11.1% annually. Revenues have been growing at an average rate of 41.1% per year.
Key information
-6.7%
Earnings growth rate
19.4%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 41.1% |
| Return on equity | -101.0% |
| Net Margin | -58.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How BIT Mining makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 43 | -25 | 19 | 1 |
| 30 Sep 23 | 285 | -125 | 22 | 2 |
| 30 Jun 23 | 305 | -143 | 22 | 2 |
| 31 Mar 23 | 426 | -160 | 23 | 3 |
| 31 Dec 22 | 57 | -76 | 22 | 2 |
| 30 Sep 22 | 1,076 | -57 | 25 | 4 |
| 30 Jun 22 | 1,383 | -61 | 29 | 4 |
| 31 Mar 22 | 1,623 | -58 | 29 | 4 |
| 31 Dec 21 | 54 | -28 | 22 | 1 |
| 30 Sep 21 | 855 | -51 | 26 | 4 |
| 30 Jun 21 | 439 | -15 | 13 | 0 |
| 31 Mar 21 | 6 | -26 | 25 | 4 |
| 31 Dec 20 | 2 | -23 | 15 | 2 |
| 30 Sep 20 | 3 | -70 | 28 | 5 |
| 30 Jun 20 | 3 | -77 | 28 | 6 |
| 31 Mar 20 | 4 | -84 | 31 | 6 |
| 31 Dec 19 | 5 | -75 | 22 | 3 |
| 30 Sep 19 | 9 | -80 | 41 | 6 |
| 30 Jun 19 | 12 | -84 | 49 | 7 |
| 31 Mar 19 | 15 | -73 | 53 | 7 |
| 31 Dec 18 | 18 | -67 | 50 | 9 |
| 30 Sep 18 | 15 | -52 | 47 | 8 |
| 30 Jun 18 | 29 | -48 | 53 | 10 |
| 31 Mar 18 | 17 | -52 | 47 | 9 |
| 31 Dec 17 | 11 | -50 | 41 | 9 |
| 30 Sep 17 | 11 | -30 | 43 | 9 |
| 30 Jun 17 | 7 | -29 | 41 | 9 |
| 31 Mar 17 | 2 | -26 | 40 | 9 |
| 31 Dec 16 | 1 | -29 | 42 | 10 |
| 30 Sep 16 | 1 | -46 | 41 | 10 |
| 30 Jun 16 | 1 | -46 | 40 | 11 |
| 31 Mar 16 | 0 | -56 | 42 | 10 |
| 31 Dec 15 | 15 | -50 | 50 | 9 |
| 30 Sep 15 | 39 | -31 | 57 | 11 |
| 30 Jun 15 | 70 | -13 | 66 | 12 |
| 31 Mar 15 | 95 | 12 | 66 | 11 |
| 31 Dec 14 | 93 | 25 | 54 | 9 |
| 30 Sep 14 | 86 | 37 | 46 | 7 |
| 30 Jun 14 | 66 | 32 | 34 | 5 |
| 31 Mar 14 | 50 | 22 | 27 | 5 |
| 31 Dec 13 | 43 | 18 | 26 | 5 |
| 30 Sep 13 | 33 | 2 | 22 | 5 |
Quality Earnings: 50C0 is currently unprofitable.
Growing Profit Margin: 50C0 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 50C0 is unprofitable, and losses have increased over the past 5 years at a rate of 6.7% per year.
Accelerating Growth: Unable to compare 50C0's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 50C0 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (7.1%).
Return on Equity
High ROE: 50C0 has a negative Return on Equity (-101%), as it is currently unprofitable.