Bitfarms Ltd.

General ticker "BITF" information:

  • Sector: Information Technology
  • Industry: Software
  • Capitalization: $873.9M (TTM average)

Bitfarms Ltd. follows the US Stock Market performance with the rate: 50.8%.

Estimated limits based on current volatility of 6.0%: low 3.03$, high 3.41$

Factors to consider:

  • Current price 35.7% above estimated high
  • 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: [1.03$, 2.28$]
  • 2025-12-31 to 2026-12-31 estimated range: [0.87$, 1.95$]

Financial Metrics affecting the BITF estimates:

  • Positive: with PPE of -11.0 at the end of fiscal year the price was low
  • Negative: negative Operating income
  • Negative: Operating cash flow per share per price, % of -20.63 <= 0.33
  • Positive: Inventory ratio change, % of 0.13 <= 0.84
  • Positive: Interest expense per share per price, % of 0.26 <= 0.79
  • Positive: Shareholder equity ratio, % of 91.07 > 63.39
  • Positive: -8.75 < Industry operating profit margin (median), % of 0.14
  • Negative: negative Net income

Similar symbols

Short-term BITF quotes

Long-term BITF plot with estimates

Financial data

YTD 2022-12-31 2023-12-31 2024-12-31
Operating Revenue $142.43MM $146.37MM $192.88MM
Operating Expenses $426.45MM $218.50MM $300.44MM
Operating Income $-284.02MM $-72.13MM $-107.56MM
Non-Operating Income $90.97MM $-37.19MM $39.21MM
Interest Expense $14.22MM $4.08MM $1.74MM
Income(Loss) $-193.06MM $-109.32MM $-68.35MM
Taxes $-17.41MM $-0.40MM $-14.29MM
Profit(Loss)* $-239.05MM $-108.92MM $-54.06MM
Stockholders Equity $255.57MM $294.76MM $608.00MM
Inventory $0.59MM $0.70MM $1.18MM
Assets $343.10MM $378.73MM $667.62MM
Operating Cash Flow $36.25MM $-105.71MM $-140.56MM
Capital expenditure $194.98MM $71.31MM $339.85MM
Investing Cash Flow $-155.01MM $70.97MM $-178.39MM
Financing Cash Flow $24.01MM $87.88MM $294.46MM
Earnings Per Share** $-1.15 $-0.42 $-0.13

* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.