Bit Origin Past Earnings Performance
Past criteria checks 0/6
Bit Origin's earnings have been declining at an average annual rate of -68.4%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been declining at an average rate of 60.8% per year.
Key information
-68.4%
Earnings growth rate
-50.0%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | -60.8% |
| Return on equity | -349.2% |
| Net Margin | -441.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Bit Origin's shares jump as mining surges 165% M/M in August
Sep 07Bit Origin provides bitcoin mining update for July
Aug 08Bit Origin provides operation updates, future miner deployment schedule
Jul 19Bit Origin to add additional 700 mining spots increasing mining power of 64 PH/s
Jul 11China Xiangtai Food reports FY results
Dec 21China Xiangtai Food inks $3.5M sales contract with Chongqing Yongyaoge Technology
Dec 17Revenue & Expenses BreakdownBeta
How Bit Origin 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 | 7 | -31 | 6 | 0 |
| 30 Sep 23 | 7 | -30 | 6 | 0 |
| 30 Jun 23 | 6 | -28 | 6 | 0 |
| 31 Mar 23 | 4 | -18 | 6 | 0 |
| 31 Dec 22 | 2 | -13 | 6 | 0 |
| 30 Sep 22 | 1 | -9 | 6 | 0 |
| 30 Jun 22 | 0 | 0 | 6 | 0 |
| 31 Mar 22 | -31 | 2 | 4 | 0 |
| 31 Dec 21 | -62 | 1 | 1 | 0 |
| 30 Sep 21 | -31 | -1 | 2 | 0 |
| 30 Jun 21 | 0 | -2 | 3 | 0 |
| 31 Mar 21 | 6 | -5 | 4 | 0 |
| 31 Dec 20 | 37 | -5 | 5 | 0 |
| 30 Sep 20 | 30 | -5 | 4 | 0 |
| 30 Jun 20 | 0 | -4 | 3 | 0 |
| 31 Dec 19 | 94 | 4 | 3 | 0 |
| 30 Sep 19 | 97 | 4 | 3 | 0 |
| 30 Jun 19 | 0 | -1 | 1 | 0 |
| 31 Mar 19 | 106 | 4 | 4 | 0 |
| 31 Dec 18 | 109 | 3 | 4 | 0 |
| 30 Sep 18 | 105 | 3 | 4 | 0 |
| 30 Jun 18 | 101 | 4 | 3 | 0 |
| 31 Mar 18 | 94 | 4 | 2 | 0 |
| 31 Dec 17 | 87 | 4 | 2 | 0 |
| 30 Sep 17 | 75 | 3 | 2 | 0 |
| 30 Jun 17 | 63 | 2 | 2 | 0 |
| 30 Jun 16 | 35 | 2 | 2 | 0 |
Quality Earnings: BTOG is currently unprofitable.
Growing Profit Margin: BTOG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BTOG is unprofitable, and losses have increased over the past 5 years at a rate of 68.4% per year.
Accelerating Growth: Unable to compare BTOG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BTOG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.8%).
Return on Equity
High ROE: BTOG has a negative Return on Equity (-349.24%), as it is currently unprofitable.