Bitdeer Technologies Group (DB:R1T) - Stock Price, News & Analysis

R1T Stock Overview

Operates as a technology company for blockchain and computing. More details

R1T fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	6/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 89.2% below our estimate of its fair value

Earnings are forecast to grow 111.07% per year

Analysts in good agreement that stock price will rise by 44.3%

Risk Analysis

Shares are highly illiquid

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

Bitdeer Technologies Group Competitors

TeamViewer

XTRA:TMV

€1.8b

ATOSS Software

XTRA:AOF

€1.9b

Northern Data

DB:NB2

€2.2b

Mensch und Maschine Software

XTRA:MUM

€888.7m

Price History & Performance

Summary of all time highs, changes and price drops for Bitdeer Technologies Group
Historical stock prices
Current Share Price	US$10.96
52 Week High	US$11.30
52 Week Low	US$9.82
Beta	1.92
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	7.37%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	R1T	DE Software	DE Market
7D	n/a	2.1%	0.8%
1Y	n/a	53.9%	9.1%

Return vs Industry: Insufficient data to determine how R1T performed against the German Software industry.

Return vs Market: Insufficient data to determine how R1T performed against the German Market.

Price Volatility

Is R1T's price volatile compared to industry and market?
R1T volatility
R1T Average Weekly Movement	n/a
Software Industry Average Movement	5.2%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: R1T's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine R1T's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	211	Jihan Wu	www.bitdeer.com

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account. The company also operates mining datacenters to generate hash rate; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining machines.

Bitdeer Technologies Group Fundamentals Summary

How do Bitdeer Technologies Group's earnings and revenue compare to its market cap?
R1T fundamental statistics
Market cap	€1.73b
Earnings (TTM)	-€68.98m
Revenue (TTM)	€377.61m

4.2x

P/S Ratio

-22.8x

P/E Ratio

Is R1T overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
R1T income statement (TTM)
Revenue	US$395.61m
Cost of Revenue	US$307.27m
Gross Profit	US$88.35m
Other Expenses	US$160.61m
Earnings	-US$72.26m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.49
Gross Margin	22.33%
Net Profit Margin	-18.27%
Debt/Equity Ratio	17.8%

How did R1T perform over the long term?

See historical performance and comparison