Bitfarms Ltd.

0.82
-0.04 (-4.43%)
At close: Apr 03, 2025, 3:59 PM
0.83
1.16%
After-hours: Apr 03, 2025, 07:55 PM EDT

Bitfarms Ltd. Statistics

Share Statistics

Bitfarms Ltd. has 447.04M shares outstanding. The number of shares has increased by 12.16% in one year.

Shares Outstanding 447.04M
Shares Change (YoY) 12.16%
Shares Change (QoQ) -5.39%
Owned by Institutions (%) 22.7%
Shares Floating 355.93M
Failed to Deliver (FTD) Shares 901.5K
FTD / Avg. Volume 2.5%

Short Selling Information

The latest short interest is 61.55M, so 13.03% of the outstanding shares have been sold short.

Short Interest 61.55M
Short % of Shares Out 13.03%
Short % of Float 16.12%
Short Ratio (days to cover) 1.39

Valuation Ratios

The PE ratio is -7.34 and the forward PE ratio is 70. Bitfarms Ltd.'s PEG ratio is 0.11.

PE Ratio -7.34
Forward PE 70
PS Ratio 5.21
Forward PS 0.7
PB Ratio 2.59
P/FCF Ratio -15.71
PEG Ratio 0.11
Financial Ratio History

Enterprise Valuation

Currently the Enterprise Value (EV) is not available for Bitfarms Ltd..

EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.88, with a Debt / Equity ratio of 0.07.

Current Ratio 1.88
Quick Ratio 1.87
Debt / Equity 0.07
Debt / EBITDA -1.25
Debt / FCF -0.41
Interest Coverage -6.05

Financial Efficiency

Return on Equity is n/a and Return on Invested Capital is n/a.

Return on Equity n/a
Return on Assets n/a
Return on Invested Capital n/a
Revenue Per Employee $860.98K
Profits Per Employee $-611.98K
Employee Count 170
Asset Turnover 0.39
Inventory Turnover 238.11

Taxes

Income Tax -401K
Effective Tax Rate 0.38%

Stock Price Statistics

The stock price has increased by -61.71% in the last 52 weeks. The beta is 3.27, so Bitfarms Ltd.'s price volatility has been higher than the market average.

Beta 3.27
52-Week Price Change -61.71%
50-Day Moving Average 1.23
200-Day Moving Average 1.93
Relative Strength Index (RSI) 35.47
Average Volume (20 Days) 36.06M

Income Statement

In the last 12 months, Bitfarms Ltd. had revenue of 146.37M and earned -104.04M in profits. Earnings per share was -0.4.

Revenue 146.37M
Gross Profit -21.5M
Operating Income -72.13M
Net Income -104.04M
EBITDA -15.86M
EBIT -102.2M
Earnings Per Share (EPS) -0.4
Full Income Statement

Balance Sheet

The company has 84.04M in cash and 19.87M in debt, giving a net cash position of 64.17M.

Cash & Cash Equivalents 84.04M
Total Debt 19.87M
Net Cash 64.17M
Retained Earnings -294.92M
Total Assets 586.63M
Working Capital 137.96M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 24.03M and capital expenditures -71.31M, giving a free cash flow of -48.58M.

Operating Cash Flow 24.03M
Capital Expenditures -71.31M
Free Cash Flow -48.58M
FCF Per Share -0.19
Full Cash Flow Statement

Margins

Gross margin is -14.69%, with operating and profit margins of -49.28% and -71.08%.

Gross Margin -14.69%
Operating Margin -49.28%
Pretax Margin -71.35%
Profit Margin -71.08%
EBITDA Margin -10.83%
EBIT Margin -49.28%
FCF Margin -33.19%

Dividends & Yields

BITF does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Payout Ratio n/a
Earnings Yield n/a
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for BITF is $4, which is 370.6% higher than the current price. The consensus rating is "Buy".

Price Target $4
Price Target Difference 370.6%
Analyst Consensus Buy
Analyst Count 5
Stock Forecasts

Scores

Altman Z-Score 1.92
Piotroski F-Score 5