Bit Origin Past Earnings Performance
Past criteria checks 0/6
Bit Origin's earnings have been declining at an average annual rate of -61.3%, while the Software industry saw earnings growing at 19.9% annually. Revenues have been declining at an average rate of 46% per year.
Key information
-61.3%
Earnings growth rate
-36.9%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | -46.0% |
| Return on equity | -2,010.3% |
| Net Margin | -607.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Is Bit Origin (NASDAQ:BTOG) Using Too Much Debt?
Apr 29
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 Breakdown
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 |
|---|---|---|---|---|
| 30 Jun 24 | 3 | -18 | 5 | 0 |
| 31 Mar 24 | 5 | -24 | 5 | 0 |
| 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 | -7 | 6 | 0 |
| 30 Sep 22 | 1 | -4 | 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 61.3% 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 (27.6%).
Return on Equity
High ROE: BTOG has a negative Return on Equity (-2010.26%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 10:04 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Bit Origin Ltd is covered by 0 analysts. 0 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 |
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