Bitmine Immersion Technologies Past Earnings Performance
Past criteria checks 0/6
Bitmine Immersion Technologies's earnings have been declining at an average annual rate of -56.5%, while the Software industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 102.6% per year.
Key information
-56.5%
Earnings growth rate
-34.1%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 102.6% |
| Return on equity | -78.9% |
| Net Margin | -126.7% |
| Last Earnings Update | 31 May 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Bitmine Immersion Technologies 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 May 24 | 3 | -4 | 3 | 0 |
| 29 Feb 24 | 2 | -4 | 3 | 0 |
| 30 Nov 23 | 1 | -3 | 2 | 0 |
| 31 Aug 23 | 1 | -2 | 2 | 0 |
| 31 May 23 | 0 | -2 | 1 | 0 |
| 28 Feb 23 | 0 | -2 | 1 | 0 |
| 30 Nov 22 | 1 | -2 | 1 | 0 |
| 31 Aug 22 | 0 | -2 | 2 | 0 |
| 31 May 22 | 0 | -1 | 1 | 0 |
| 28 Feb 22 | 0 | -1 | 1 | 0 |
| 30 Nov 21 | 0 | -1 | 1 | 0 |
| 31 Aug 21 | 0 | 0 | 0 | 0 |
Quality Earnings: BMNR is currently unprofitable.
Growing Profit Margin: BMNR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BMNR is unprofitable, and losses have increased over the past 5 years at a rate of 56.5% per year.
Accelerating Growth: Unable to compare BMNR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BMNR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (25.2%).
Return on Equity
High ROE: BMNR has a negative Return on Equity (-78.94%), as it is currently unprofitable.