Bitfarms Future Growth
Future criteria checks 2/6
Bitfarms is forecast to grow earnings and revenue by 138.9% and 77.9% per annum respectively while EPS is expected to grow by 107% per annum.
Key information
138.9%
Earnings growth rate
107.0%
EPS growth rate
| Software earnings growth | 17.3% |
| Revenue growth rate | 77.9% |
| Future return on equity | n/a |
| Analyst coverage | Good |
| Last updated | 22 Nov 2024 |
Recent future growth updates
Recent updates
Bitfarms: Takeover Abated, Still A Work In Progress
Nov 14Bitfarms: Buy The Takeover Truce?
Oct 09Bitfarms: The Would-Be Hunter Became The Hunted, Riot's Offer Was Fair
Sep 18Bitfarms: Blend Of Good And Bad News Makes For A Riveting Hold
Aug 28Bitfarms: Good Q1, But Recent Troubles Create Concerns
Jun 14Bitfarms: A Bidding War Could Be Brewing
Jun 03Bitfarms Q1 2024 Earnings: Is The Worst Over? (Rating Downgrade)
May 16Bitfarms: Efficiency Deserves A Price Premium
Apr 29Not A Buy Until Bitfarms Makes Money
Mar 21Don't Bet The Farm On Bitfarms
Mar 11Bitfarms: The Adverse Ripple Effect Of 'Slow And Steady'
Feb 02Bitfarms: Slow And Steady Lose The Race
Jan 26Bitfarms mines 10% less bitcoins in September, sells 544 BTC
Oct 03Bitfarms tops 4 EH/s hashrate as production kicks off at Rio Cuarto warehouse
Sep 19Revisiting Bitfarms After Its Outstanding Second Quarter
Aug 30Bitcoin falls toward $21K, pulling down Hut 8, Marathon Digital, Riot shares
Aug 19Bitfarms Q2 2022 Earnings Preview
Aug 12Bitfarms records 270% increase in July hashrate and 28% growth in new mined bitcoin
Aug 01Bitfarms In Distress But Still Functional
Jul 09Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2025 | 433 | 5 | 47 | 254 | 7 |
| 12/31/2024 | 194 | -90 | -278 | 55 | 6 |
| 9/30/2024 | 183 | -126 | -262 | 28 | N/A |
| 6/30/2024 | 173 | -106 | -150 | 49 | N/A |
| 3/31/2024 | 167 | -106 | -103 | 41 | N/A |
| 12/31/2023 | 146 | -104 | -50 | 24 | N/A |
| 9/30/2023 | 127 | 0 | -30 | 43 | N/A |
| 6/30/2023 | 126 | -69 | -38 | 50 | N/A |
| 3/31/2023 | 132 | -184 | -58 | 77 | N/A |
| 12/31/2022 | 142 | -176 | -159 | 36 | N/A |
| 9/30/2022 | 175 | -213 | -239 | -7 | N/A |
| 6/30/2022 | 187 | -104 | -264 | -38 | N/A |
| 3/31/2022 | 181 | 34 | -307 | -75 | N/A |
| 12/31/2021 | 169 | 22 | -237 | -43 | N/A |
| 9/30/2021 | 121 | 7 | -162 | -30 | N/A |
| 6/30/2021 | 83 | -21 | -116 | -13 | N/A |
| 3/31/2021 | 54 | -21 | -35 | -3 | N/A |
| 12/31/2020 | 35 | -16 | 3 | 7 | N/A |
| 9/30/2020 | 34 | -10 | -1 | 7 | N/A |
| 6/30/2020 | 37 | -1 | -8 | 7 | N/A |
| 3/31/2020 | 38 | 2 | -14 | 8 | N/A |
| 12/31/2019 | 32 | 3 | -18 | 6 | N/A |
| 9/30/2019 | 27 | -11 | -18 | 4 | N/A |
| 6/30/2019 | 24 | -16 | -10 | 4 | N/A |
| 3/31/2019 | 22 | -17 | -12 | 4 | N/A |
| 12/31/2018 | 34 | -9 | -9 | 14 | N/A |
| 12/31/2017 | 52 | 29 | N/A | 46 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BITF is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: BITF is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: BITF is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: BITF's revenue (77.9% per year) is forecast to grow faster than the US market (8.9% per year).
High Growth Revenue: BITF's revenue (77.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BITF's Return on Equity is forecast to be high in 3 years time