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Page: Company Financials

Bit Digital, Inc.

Ticker: BTBT | Industry: Financial - Capital Markets | Sector: Financial Services
$2.11 -0.02 (-0.94%)
As of: 2026-01-23

Master Data Export

Enterprise Value

Metric MRQ MRQ-1 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Stock Price 3.00 2.19 2.40 3.15 2.89 1.68 8.79 6.97 2.85 6.28 4.62 4.62
Market Capitalization 951.89M 453.09M 590.48M 421.75M 248.95M 125.42M 470.99M 201.59M 42.57M 87.15M 63.88M 67.22M
(-) Cash & Equivalents 179.12M 181.17M 139.28M 73.22M 21.35M 34.33M 24.34M 0.71M 0.21M 5.58M 5.67M 3.69M
(+) Total Debt 41.92M 43.75M 33.23M 9.04M 1.55M 0.00M 0.32M 0.17M 0.00M 0.00M 0.00M 0.00M
Enterprise Value 814.69M 315.67M 484.42M 357.56M 229.15M 91.08M 446.97M 201.05M 42.36M 81.57M 58.21M 63.53M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31
Revenue 163M 98M 164M 45M 32M 96M 21M 0M 0M 7M 4M 0M
Cost of Revenue 54M 57M 62M 30M 20M 31M 14M 0M 0M 0M 0M 0M
Gross Profit 109M 41M 101M 15M 12M 65M 7M 0M 0M 7M 4M 0M
Gross Profit Margin 67.0% 42.2% 61.9% 34.2% 36.9% 68.0% 33.0% 0.0% 0.0% 94.4% 100.0% 0.0%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 77M 37M 42M 28M 23M 39M 3M 2M 2M 8M 3M 0M
Operating Expenses -21M 46M 74M 32M 119M 59M 5M 2M 2M 8M 3M 0M
Operating Income (EBIT) 130M -5M 28M -17M -107M 6M 2M -2M -2M -2M 0M 0M
Operating Income Margin 80.0% -5.2% 16.8% -37.0% -331.8% 6.1% 7.4% 0.0% 0.0% -25.2% 5.9% 0.0%
Interest Income 1M 0M 1M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Interest Expense 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Net Interest Income 1M 0M 1M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Unusual Items 6M 5M 4M 3M 1M -3M 0M 0M 0M 0M 0M 0M
EBT Excluding Unusual Items 131M -5M 28M -17M -107M 6M 2M -2M -2M -2M 0M 0M
Pre-Tax Income 137M 0M 32M -14M -106M 3M 2M -2M -2M -1M 0M 0M
Pre-Tax Margin 84.3% 0.1% 19.7% -30.3% -327.9% 3.0% 7.4% 0.0% 0.0% -18.2% 5.9% 0.0%
Income Tax Expense 4M 3M 4M 0M -1M 4M 0M 0M 0M 0M 0M 0M
Net Income 137M -3M 28M -14M -105M -1M -2M -10M -4M -1M 0M 0M
Net Income Margin 84.3% -2.7% 17.3% -30.9% -326.0% -1.1% -10.8% 0.0% 0.0% -13.5% 4.3% 0.0%
Depreciation & Amortization 36M 28M 32M 14M 28M 13M 3M 0M 0M 0M 0M 2M
EBITDA 166M 22M 60M -2M -79M 19M 5M -2M -2M -2M 0M 2M
EBITDA Margin 102.2% 22.9% 36.6% -4.9% -245.7% 19.8% 23.2% 0.0% 0.0% -24.4% 6.9% 0.0%
NOPAT 126M 194M 24M -13M -85M -2M 2M -2M -1M -1M 0M 0M
NOPAT Margin 77.5% 198.1% 14.8% -29.2% -262.1% -2.2% 7.4% 0.0% 0.0% -19.9% 4.4% 0.0%
Owner's Earnings -78M -41M -33M -66M -97M -35M -3M -10M -7M -1M 0M 2M
Owner's Earnings Margin -47.7% -41.5% -20.4% -147.2% -299.7% -36.2% -16.4% 0.0% 0.0% -13.4% 2.5% 0.0%
EPS (Basic) 0.43 0.07 0.20 -0.16 -1.34 -0.02 -0.04 -0.62 -0.24 -0.07 0.01 -0.01
EPS (Diluted) 0.64 -0.02 0.20 -0.16 -1.34 -0.02 -0.07 -0.64 -0.25 -0.06 0.01 -0.01
Shares (Basic) 211M 121M 140M 88M 79M 55M 31M 15M 14M 15M 15M 15M
Shares (Diluted) 213M 125M 142M 88M 79M 55M 31M 15M 14M 15M 15M 15M

Product Segments

Metric TTM TTM-1 2024-12-31
Other Member 0.00M 0.00M 0.55M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31
Cash & Cash Equivalents 179.12M 181.17M 95.20M 18.18M 32.69M 42.40M 0.41M 0.02M 2.33M 5.46M 7.38M 0.67M
Short-Term Investments 1.03M 4.03M 2.96M 46.57M 0.63M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 180.15M 185.20M 98.16M 64.75M 33.32M 42.40M 0.41M 0.02M 2.33M 5.46M 7.38M 0.67M
Net Receivables 17.44M 16.04M 27.10M 13.86M 0.74M 0.00M 0.00M 0.00M 0.14M 0.26M 0.04M 0.00M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Assets 475.06M 112.51M 171.60M 3.70M 30.34M 54.16M 8.31M 0.54M 3.19M 4.34M 0.49M 0.09M
Total Current Assets 672.65M 313.75M 296.86M 82.30M 64.40M 96.56M 8.72M 0.56M 5.66M 10.06M 7.91M 0.77M
Property, Plant & Equipment 52.75M 319.79M 161.33M 91.92M 23.15M 75.58M 29.85M 0.11M 0.72M 0.08M 0.09M 0.02M
Goodwill 19.85M 20.19M 19.38M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 17.26M 13.21M 13.03M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 86.68M 48.32M 37.58M 4.77M 1.79M 1.00M 0.00M 0.00M 0.65M 0.00M 0.05M 0.00M
Tax Assets 0.09M 0.09M 0.09M 0.00M 0.00M 0.06M 0.00M 0.00M 0.81M 0.30M 0.01M 0.04M
Other Non-Current Assets 283.81M 8.07M 9.98M 10.33M 11.09M 6.71M 1.32M 3.85M 5.28M 2.47M 1.10M 0.06M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 460.43M 409.67M 241.39M 107.02M 36.03M 83.36M 31.17M 3.96M 7.46M 2.86M 1.24M 0.11M
Total Assets 1,133.08M 723.42M 538.25M 189.33M 100.42M 179.92M 39.89M 4.52M 13.13M 12.91M 9.15M 0.88M
Accounts Payable 6.30M 2.09M 3.42M 2.32M 3.63M 2.61M 1.37M 0.00M 0.00M 0.00M 0.17M 0.01M
Short-Term Debt 5.62M 5.49M 4.53M 1.86M 0.00M 0.00M 0.34M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Payables 1.39M 1.94M 1.60M 0.05M 3.04M 0.56M 0.00M 0.00M 0.05M 0.04M 0.08M 0.00M
Deferred Revenue 7.77M 11.64M 30.70M 13.07M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.01M 0.00M
Other Current Liabilities 17.27M 18.94M 14.79M 9.78M 0.77M 1.88M 0.19M 0.43M 0.36M 0.43M 0.01M 0.05M
Total Current Liabilities 38.37M 40.10M 55.03M 27.08M 7.44M 5.04M 1.89M 0.43M 0.40M 0.47M 0.28M 0.06M
Long-Term Debt 36.29M 38.26M 9.28M 4.35M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Capital Lease Obligations 0.00M 43.75M 13.81M 4.35M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 9.43M 8.26M 6.41M 0.11M 0.00M 0.46M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 3.41M 3.59M 3.98M 5.08M 3.04M 2.77M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Liabilities 49.14M 93.85M 33.47M 13.89M 3.04M 3.23M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Liabilities 87.50M 133.95M 88.50M 40.98M 10.49M 8.27M 1.89M 0.43M 0.40M 0.47M 0.28M 0.06M
Preferred Stock 0.00M 9.05M 9.05M 9.05M 9.05M 9.05M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 3.22M 2.84M 1.79M 1.07M 0.82M 0.70M 0.48M 0.15M 0.15M 0.13M 0.00M 0.00M
Retained Earnings 9.84M -141.05M -98.21M -146.91M -131.42M -19.88M -15.70M -13.79M -4.32M -0.89M 0.05M -0.11M
Accumulated OCI 0.41M 1.36M -1.57M 0.00M 0.00M 0.00M 0.00M -0.09M -0.03M 0.34M -0.19M -0.01M
Minority Interest 139.43M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.25M 0.47M 0.61M 0.96M 0.00M
Total Shareholders’ Equity 13.47M -127.80M -88.93M -136.79M -121.54M -10.13M -15.22M -13.73M -4.20M -0.43M -0.14M -0.12M
Total Equity 152.89M -127.80M -88.93M -136.79M -121.54M -10.13M -15.22M -13.48M -3.73M 0.18M 0.82M -0.12M
Total Liabilities & Equity 240.40M 6.15M -0.43M -95.81M -111.05M -1.86M -13.33M -13.05M -3.33M 0.65M 1.10M -0.06M
Tangible Assets 1,095.98M 690.02M 505.84M 189.33M 100.42M 179.92M 39.89M 4.52M 13.13M 12.91M 9.15M 0.88M
Tangible Equity 115.79M -161.20M -121.34M -136.79M -121.54M -10.13M -15.22M -13.48M -3.73M 0.18M 0.82M -0.12M
Tangible Book Value 115.79M -161.20M -121.34M -136.79M -121.54M -10.13M -15.22M -13.48M -3.73M 0.18M 0.82M -0.12M
Total Investments 87.70M 52.35M 40.54M 51.35M 2.41M 1.00M 0.00M 0.00M 0.65M 0.00M 0.05M 0.00M
Net Debt -137.20M -137.42M -81.40M -11.96M -32.69M -42.40M -0.07M -0.02M -2.33M -5.46M -7.38M -0.67M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31
Working Capital 634.3M 273.7M 241.8M 55.2M 57.0M 91.5M 6.8M 0.1M 5.3M 9.6M 7.6M 0.7M
Total Capital 948.1M 676.9M 477.3M 158.9M 89.9M 171.6M 38.3M 3.8M 11.6M 11.8M 7.9M 0.8M
Capital Employed 1,094.7M 683.3M 483.2M 162.2M 93.0M 174.9M 38.0M 4.1M 12.1M 12.4M 8.8M 0.8M
Invested Capital 769.0M 495.8M 382.1M 140.7M 57.2M 129.2M 37.9M 3.8M 9.3M 6.4M 0.5M 0.1M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31
Net Income 132.86M -2.69M 28.31M -13.89M -105.30M 4.86M 1.92M -1.99M -3.54M -1.00M 0.16M -0.11M
Depreciation & Amortization 34.94M 27.51M 32.31M 14.43M 27.83M 13.11M 3.32M 0.00M 0.08M 0.06M 0.04M 0.00M
Deferred Income Tax 0.35M -13.05M 0.00M 0.00M -0.40M 0.40M -0.46M 0.00M -0.55M -0.28M 0.03M -0.04M
Stock-Based Compensation 26.34M 13.89M 9.88M 9.12M 2.26M 21.91M 0.46M 1.76M 0.76M 0.49M 0.00M 0.00M
Change in Working Capital -159.05M 54.95M 32.84M 48.24M 32.42M -76.34M -9.13M 0.09M -1.81M -1.18M -1.32M -0.09M
Accounts Receivable -7.90M -3.67M -4.67M 0.74M 0.00M -104.12M 0.41M -0.90M 0.05M -0.21M -0.04M 0.00M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 104.12M -0.41M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Payable 2.61M 6.85M 3.50M 0.69M 3.16M 21.55M 14.28M 0.00M 0.00M 0.00M -0.01M 0.03M
Other Working Capital -153.75M 51.77M 34.01M 46.81M 29.25M -97.89M -23.41M 0.99M -1.86M -0.97M -1.27M -0.12M
Other Non-Cash Items -232.99M -76.57M -116.33M -56.79M 34.70M 12.79M 0.46M -1.21M 0.76M 0.00M 0.00M -0.03M
Net Cash from Operating Activities -197.54M 4.03M -12.99M 1.11M -8.50M -23.26M -3.42M -1.35M -5.05M -1.91M -1.09M -0.23M
Capital Expenditures (PPE) -250.85M -65.53M -94.00M -66.66M -19.33M -46.84M -4.51M -0.11M -3.33M -0.05M -0.11M -0.02M
Acquisitions (Net) -38.06M 0.18M -38.79M 0.00M -0.06M 0.00M 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments 15.00M -17.00M 0.00M -2.19M -2.00M 0.00M -2.46M 0.00M 0.00M 0.00M 0.00M 0.00M
Sales / Maturities of Investments 0.00M 0.00M 0.00M 0.09M 1.71M 0.00M 2.45M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Investing Activities -15.17M 0.00M -16.23M -0.40M 1.08M 5.91M 2.46M -0.81M -2.58M 0.02M 0.00M 0.00M
Net Cash from Investing Activities -289.09M -82.36M -149.02M -69.16M -18.61M -40.93M -2.05M -0.92M -3.33M -0.03M -0.11M -0.02M
Net Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 1.27M 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 1.27M 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance 564.64M 162.59M 242.86M 53.82M 21.01M 109.21M 5.25M 0.00M 5.94M 0.00M 0.00M 0.00M
Common Stock Issuance 564.64M 162.59M 242.86M 53.82M 21.01M 109.21M 5.25M 0.00M 5.94M 0.00M 0.00M 0.94M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -1.60M -0.80M -0.80M -1.60M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Dividends Paid -1.60M -0.80M -0.80M -1.60M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 0.80M 0.00M 0.80M 0.00M -2.30M -4.29M 0.00M 0.00M 0.00M -0.39M 8.04M 0.94M
Net Cash from Financing Activities 563.84M 161.79M 242.86M 52.22M 18.71M 106.19M 5.26M 0.00M 5.94M -0.39M 8.04M 0.94M
Effect of FX on Cash 0.05M 0.00M -0.10M 0.00M 0.00M 0.00M 0.00M -0.04M -0.08M 0.41M -0.14M -0.12M
Net Change in Cash 77.26M 83.46M 80.75M -15.83M -8.39M 41.99M -0.21M -2.30M -2.52M -1.92M 6.70M 0.56M
Cash at Beginning of Period 450.71M 137.22M 18.18M 34.01M 42.40M 0.41M 0.63M 2.93M 5.46M 7.38M 0.67M 0.11M
Cash at End of Period 527.97M 220.68M 98.93M 18.18M 34.01M 42.40M 0.42M 0.63M 2.93M 5.46M 7.38M 0.67M
Operating Cash Flow -197.54M 4.03M -12.99M 1.11M -8.50M -23.26M -3.42M -1.35M -5.05M -1.91M -1.09M -0.23M
Capital Expenditure -250.85M -65.53M -94.00M -66.66M -19.33M -46.84M -4.51M -0.11M -3.33M -0.05M -0.11M -0.02M
Free Cash Flow -448.39M -61.50M -106.99M -65.55M -27.83M -70.10M -7.92M -1.46M -8.38M -1.96M -1.20M -0.25M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31
EBITDA 67.73M 31.53M 92.19M 2.12M 16.77M 39.30M 7.77M -2.13M -2.34M -1.69M 0.26M 1.56M
(-) Tax Adjustment 2.07M 11.03M 11.36M 0.00M 0.09M 13.75M 0.00M 0.00M 0.00M -0.36M 0.06M 0.39M
(-) Change In Working Capital -159.05M 54.95M 32.84M 48.24M 32.42M -76.34M -9.13M 0.09M -1.81M -1.18M -1.32M -0.09M
(-) Capital Expenditure -250.85M -65.53M -94.00M -66.66M -19.33M -46.84M -4.51M -0.11M -3.33M -0.05M -0.11M -0.02M
Unlevered Free Cash Flow -26.14M -99.99M -46.02M -112.78M -35.08M 55.04M 12.39M -2.33M -3.86M -0.20M 1.40M 1.24M
(-) Net Interest Income After Taxes 0.77M 0.06M 0.48M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.01M 0.00M 0.00M
Net Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 1.27M 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M
Levered Free Cash Flow -26.91M -100.05M -46.50M -112.78M -35.08M 56.31M 12.40M -2.33M -3.86M -0.22M 1.40M 1.24M