R1T Stock Overview

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

R1T fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	6/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 77.3% below our estimate of its fair value

Earnings are forecast to grow 126.7% per year

Risk Analysis

Shares are highly illiquid

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Bitdeer Technologies Group Competitors

Northern Data

DB:NB2

€2.8b

TeamViewer

XTRA:TMV

€1.5b

ATOSS Software

XTRA:AOF

€1.8b

Mensch und Maschine Software

XTRA:MUM

€904.0m

Price History & Performance

Summary of share price highs, lows and changes for Bitdeer Technologies Group
Historical stock prices
Current Share Price	US$23.25
52 Week High	US$24.33
52 Week Low	US$9.82
Beta	2.27
1 Month Change	114.76%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	127.76%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	R1T	DE Software	DE Market
7D	17.4%	1.2%	0.5%
1Y	n/a	65.8%	7.2%

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	4.9%
10% most volatile stocks in DE Market	11.5%
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	€3.46b
Earnings (TTM)	-€69.31m
Revenue (TTM)	€379.43m

8.8x

P/S Ratio

-48.2x

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

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 10:22
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bitdeer Technologies Group is covered by 12 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brian Kinstlinger	Alliance Global Partners
Mark Palmer	Benchmark Company
Lucas Pipes	B. Riley Securities, Inc.