BIT Mining Past Earnings Performance
Past criteria checks 0/6
BIT Mining's earnings have been declining at an average annual rate of -4.5%, while the Software industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 75.2% per year.
Key information
-4.5%
Earnings growth rate
11.3%
EPS growth rate
| Software Industry Growth | 12.9% |
| Revenue growth rate | 75.2% |
| Return on equity | -298.2% |
| Net Margin | -23.9% |
| Last Earnings Update | 31 Dec 2022 |
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 22 | 650 | -155 | 23 | 4 |
| 30 Sep 22 | 1,076 | -57 | 25 | 4 |
| 30 Jun 22 | 1,383 | -65 | 29 | 4 |
| 31 Mar 22 | 1,623 | -58 | 29 | 4 |
| 31 Dec 21 | 1,329 | -54 | 25 | 3 |
| 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 |
Quality Earnings: BTCM N is currently unprofitable.
Growing Profit Margin: BTCM N is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BTCM N is unprofitable, and losses have increased over the past 5 years at a rate of 4.5% per year.
Accelerating Growth: Unable to compare BTCM N's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BTCM N is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (7.4%).
Return on Equity
High ROE: BTCM N has a negative Return on Equity (-298.2%), as it is currently unprofitable.