Bit Digital, Inc.
General ticker "BTBT" information:
- Sector: Financials
- Industry: Financial - Capital Markets
- Capitalization: $547.0M (TTM average)
Bit Digital, Inc. follows the US Stock Market performance with the rate: 37.9%.
Estimated limits based on current volatility of 2.9%: low 2.31$, high 2.45$
Factors to consider:
- Total employees count: 54 as of 2024
- Top business risk factors: Regulatory and compliance, Digital asset volatility, Litigation risks, Power supply risks, Strategic risks and growth management
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [2.15$, 4.55$]
- 2025-12-31 to 2026-12-31 estimated range: [1.81$, 3.93$]
Financial Metrics affecting the BTBT estimates:
- Positive: with PPE of -17.2 at the end of fiscal year the price was neutral
- Positive: 7.54 < Operating profit margin, % of 16.83
- Negative: Operating cash flow per share per price, % of -2.83 <= 0.04
- Positive: 1.77 < Return on assets ratio (scaled to [-100,100]) of 5.00
- Negative: negative Industry operating cash flow (median)
- Positive: -9.48 < Industry operating profit margin (median), % of 0.73
- Positive: Shareholder equity ratio, % of 86.11 > 64.17
Short-term BTBT quotes
Long-term BTBT plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $32.30MM | $44.92MM | $163.76MM |
| Operating Expenses | $139.46MM | $61.54MM | $136.20MM |
| Operating Income | $-107.17MM | $-16.62MM | $27.56MM |
| Non-Operating Income | $1.28MM | $3.01MM | $4.72MM |
| Income(Loss) | $-105.89MM | $-13.61MM | $32.28MM |
| Taxes | $-0.59MM | $0.28MM | $3.98MM |
| Profit(Loss)* | $-105.30MM | $-13.89MM | $28.31MM |
| Stockholders Equity | $89.93MM | $152.70MM | $463.48MM |
| Assets | $100.42MM | $189.33MM | $538.25MM |
| Operating Cash Flow | $-8.50MM | $1.11MM | $-12.99MM |
| Capital expenditure | $19.33MM | $66.66MM | $94.00MM |
| Investing Cash Flow | $-18.61MM | $-69.16MM | $-149.02MM |
| Financing Cash Flow | $18.71MM | $52.22MM | $242.86MM |
| Earnings Per Share** | $-1.34 | $-0.16 | $0.20 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.