BitFuFu Past Earnings Performance
Past criteria checks 2/6
BitFuFu has been growing earnings at an average annual rate of 32.3%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 53% per year. BitFuFu's return on equity is 60.5%, and it has net margins of 3.7%.
Key information
32.3%
Earnings growth rate
327.9%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 53.0% |
| Return on equity | 60.5% |
| Net Margin | 3.7% |
| Next Earnings Update | 20 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How BitFuFu 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 | 284 | 10 | 6 | 2 |
| 30 Sep 23 | 267 | 7 | 5 | 2 |
| 30 Jun 23 | 251 | 4 | 5 | 2 |
| 31 Mar 23 | 224 | 3 | 5 | 2 |
| 31 Dec 22 | 198 | 2 | 5 | 2 |
| 30 Sep 22 | 178 | 7 | 5 | 1 |
| 30 Jun 22 | 158 | 11 | 4 | 1 |
| 31 Mar 22 | 130 | 8 | 4 | 1 |
| 31 Dec 21 | 103 | 5 | 3 | 0 |
| 31 Dec 20 | 1 | -1 | 1 | 1 |
Quality Earnings: FUFU has a high level of non-cash earnings.
Growing Profit Margin: FUFU's current net profit margins (3.7%) are higher than last year (1.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if FUFU's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare FUFU's past year earnings growth to its 5-year average.
Earnings vs Industry: FUFU earnings growth over the past year (329.6%) exceeded the Software industry 22.2%.
Return on Equity
High ROE: Whilst FUFU's Return on Equity (60.54%) is outstanding, this metric is skewed due to their high level of debt.