Bit Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Bit Digital
BTBT Stock  USD 2.26  0.15  6.22%   
Bit Digital financial statements provide useful quarterly and yearly information to potential Bit Digital investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Bit Digital financial statements helps investors assess Bit Digital's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Bit Digital's valuation are summarized below:
Gross Profit
45.1 M
Profit Margin
0.2633
Market Capitalization
439.7 M
Enterprise Value Revenue
2.225
Revenue
107.5 M
There are currently one hundred twenty fundamental signals for Bit Digital that can be evaluated and compared over time across rivals. All traders should validate Bit Digital's prevailing fundamentals against the performance from 2010 to 2025 and make sure the trends continue to evolve in the right direction. Market Cap is likely to drop to about 252.4 M in 2025. Enterprise Value is likely to drop to about 315.9 M in 2025

Bit Digital Total Revenue

113.45 Million

Check Bit Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bit Digital's main balance sheet or income statement drivers, such as Selling General Administrative of 43.6 M, Selling And Marketing Expenses of 1.3 M or Other Operating Expenses of 84.5 M, as well as many indicators such as Price To Sales Ratio of 3.62, Dividend Yield of 0.0037 or PTB Ratio of 0.84. Bit financial statements analysis is a perfect complement when working with Bit Digital Valuation or Volatility modules.
  
Check out the analysis of Bit Digital Correlation against competitors.
For more information on how to buy Bit Stock please use our How to Invest in Bit Digital guide.

Bit Digital Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets565.2 M538.2 M103.7 M
Slightly volatile
Other Current Liabilities15.5 M14.8 M2.8 M
Slightly volatile
Total Current Liabilities57.8 M55 M9.8 M
Slightly volatile
Total Stockholder Equity486.7 M463.5 M90.2 M
Slightly volatile
Property Plant And Equipment Net30.5 M54 M19.3 M
Slightly volatile
Accounts Payable1.7 M3.4 M1.1 M
Slightly volatile
Cash100 M95.2 M19.2 M
Slightly volatile
Non Current Assets Total253.5 M241.4 M48 M
Slightly volatile
Non Currrent Assets Other130.3 M124.1 M18.7 M
Slightly volatile
Cash And Short Term Investments100.4 M95.6 M22.7 M
Slightly volatile
Net Receivables2.7 M5.3 M1.6 M
Slightly volatile
Common Stock Total Equity580.1 K552.5 K218.1 K
Slightly volatile
Common Stock Shares Outstanding148.6 M141.5 M42.9 M
Slightly volatile
Liabilities And Stockholders Equity565.2 M538.2 M103.7 M
Slightly volatile
Other Current Assets205.8 M196 M31.3 M
Slightly volatile
Other Stockholder Equity589.5 M561.5 M121.5 M
Slightly volatile
Total Liabilities78.5 M74.8 M13.3 M
Slightly volatile
Property Plant And Equipment Gross208.2 M198.3 M41.6 M
Slightly volatile
Total Current Assets311.7 M296.9 M55.7 M
Slightly volatile
Common Stock1.9 M1.8 M448.7 K
Slightly volatile
Net Tangible Assets196.3 M187 M62 M
Slightly volatile
Property Plant Equipment39.2 M37.4 M14.7 M
Slightly volatile
Net Invested Capital477.2 M454.4 M91.7 M
Slightly volatile
Net Working Capital253.9 M241.8 M49.3 M
Slightly volatile
Capital Stock6.5 M10.8 M3.1 M
Slightly volatile
Short and Long Term Debt Total7.5 M13.8 M2.7 M
Slightly volatile
Short Term Investments390.8 K411.4 K9.1 M
Pretty Stable
Short Term Debt2.5 M4.5 M1 M
Slightly volatile
Other Liabilities2.6 M2.9 M3.2 M
Slightly volatile
Non Current Liabilities Other1.1 M785.4 K1.8 M
Slightly volatile
Intangible Assets10.4 M11.7 M12.8 M
Slightly volatile

Bit Digital Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative43.6 M41.5 M12.1 M
Slightly volatile
Selling And Marketing Expenses1.3 M1.4 M2 M
Slightly volatile
Other Operating Expenses84.5 M80.5 M27.2 M
Slightly volatile
Research Development220.9 K123.7 K160.2 K
Slightly volatile
Total Operating Expenses23.8 M41.5 M15 M
Slightly volatile
Interest Expense160.1 M152.5 M37 M
Slightly volatile
Total Revenue113.5 M108.1 M28.8 M
Slightly volatile
Gross Profit113.5 M108.1 M22.9 M
Slightly volatile
Minority Interest215.7 K227.1 K593.6 K
Slightly volatile
Interest Income35.0636.910.1 K
Slightly volatile
Cost Of Revenue65.5 M62.4 M15.9 M
Slightly volatile
Reconciled Depreciation33.9 M32.3 M7.8 M
Slightly volatile

Bit Digital Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow12.3 M18.2 M7.8 M
Slightly volatile
Capital Expenditures98.7 M94 M20.9 M
Slightly volatile
End Period Cash Flow103.9 M98.9 M19.9 M
Slightly volatile
Depreciation33.9 M32.3 M7.8 M
Slightly volatile
Net Borrowings1.5 M1.5 M429.4 K
Slightly volatile
Stock Based Compensation6.4 M9.9 M3.5 M
Slightly volatile
Issuance Of Capital Stock255 M242.9 M46.5 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.623.805812.5271
Slightly volatile
Dividend Yield0.00370.00190.0046
Slightly volatile
PTB Ratio0.840.887233.7256
Slightly volatile
Days Sales Outstanding21.717.795114.5478
Slightly volatile
Book Value Per Share3.473.30241.067
Slightly volatile
Average Payables1.9 M2.6 M2.1 M
Slightly volatile
Stock Based Compensation To Revenue0.170.09140.1141
Slightly volatile
Capex To Depreciation2.762.90936.591
Very volatile
PB Ratio0.840.887233.7256
Slightly volatile
EV To Sales2.93.052511.39
Slightly volatile
Inventory Turnover26.8125.5411.1714
Slightly volatile
Days Of Inventory On Hand14.0514.7942.0226
Slightly volatile
Payables Turnover8.111.4810.2089
Pretty Stable
Sales General And Administrative To Revenue0.560.38420.4886
Pretty Stable
Average Inventory954.4 K599 K1.1 M
Slightly volatile
Research And Ddevelopement To Revenue0.03270.03440.0708
Slightly volatile
Capex To Revenue0.910.870.3368
Slightly volatile
Cash Per Share0.360.68130.3167
Slightly volatile
Days Payables Outstanding31.9825.7435.6919
Very volatile
Current Ratio5.135.394811.6178
Slightly volatile
Tangible Book Value Per Share3.233.07151.0408
Slightly volatile
Receivables Turnover19.4920.511359.8572
Slightly volatile
Graham Number1.793.481.7462
Slightly volatile
Shareholders Equity Per Share3.473.30241.0567
Slightly volatile
Debt To Equity0.02120.02980.0169
Slightly volatile
Capex Per Share0.70.66980.2299
Slightly volatile
Average Receivables348 K331.4 K162 K
Slightly volatile
Revenue Per Share0.510.76990.4871
Slightly volatile
Interest Debt Per Share0.09350.09840.2294
Slightly volatile
Debt To Assets0.01780.02570.0147
Slightly volatile
Operating Cycle30.6917.795126.4896
Slightly volatile
Price Book Value Ratio0.840.887233.7256
Slightly volatile
Days Of Payables Outstanding31.9825.7435.6919
Very volatile
Company Equity Multiplier0.911.16131.1051
Very volatile
Long Term Debt To Capitalization0.01570.01770.0193
Slightly volatile
Total Debt To Capitalization0.02050.02890.0165
Slightly volatile
Debt Equity Ratio0.02120.02980.0169
Slightly volatile
Quick Ratio5.135.394811.5558
Slightly volatile
Cash Ratio1.641.73017.9171
Slightly volatile
Days Of Inventory Outstanding14.0514.7942.0226
Slightly volatile
Days Of Sales Outstanding21.717.795114.5478
Slightly volatile
Price To Book Ratio0.840.887233.7256
Slightly volatile
Fixed Asset Turnover1.91.999925.4909
Slightly volatile
Debt Ratio0.01780.02570.0147
Slightly volatile
Price Sales Ratio3.623.805812.5271
Slightly volatile
Asset Turnover0.190.20070.4207
Slightly volatile
Gross Profit Margin0.580.390.6813
Slightly volatile
Price Fair Value0.840.887233.7256
Slightly volatile

Bit Digital Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap252.4 M411.2 M222.7 M
Slightly volatile
Enterprise Value315.9 M329.8 M214.9 M
Slightly volatile

Bit Fundamental Market Drivers

Forward Price Earnings7.758
Cash And Short Term Investments95.6 M

Bit Upcoming Events

26th of April 2024
Upcoming Quarterly Report
View
10th of June 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Bit Digital Financial Statements

Bit Digital shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Bit Digital investors may analyze each financial statement separately, they are all interrelated. The changes in Bit Digital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bit Digital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue30.7 M32.2 M
Total Revenue108.1 M113.5 M
Cost Of Revenue62.4 M65.5 M
Stock Based Compensation To Revenue 0.09  0.17 
Sales General And Administrative To Revenue 0.38  0.56 
Research And Ddevelopement To Revenue 0.03  0.03 
Capex To Revenue 0.87  0.91 
Revenue Per Share 0.77  0.51 
Ebit Per Revenue 0.26  0.27 

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Additional Tools for Bit Stock Analysis

When running Bit Digital's price analysis, check to measure Bit Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bit Digital is operating at the current time. Most of Bit Digital's value examination focuses on studying past and present price action to predict the probability of Bit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bit Digital's price. Additionally, you may evaluate how the addition of Bit Digital to your portfolios can decrease your overall portfolio volatility.
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