Bitfarms LtdBITFEarnings & Financial Report
Nasdaq
NextMar 31, 2026
BITF Q2 2024 Key Financial Metrics
Revenue
$6.0K
Gross Profit
$29.0K
Operating Profit
$-23.6M
Net Profit
$-24.9M
Gross Margin
483.3%
Operating Margin
-392966.7%
Net Margin
-414916.7%
YoY Growth
N/A
Financial Flow
Bitfarms Ltd Q2 2024 Financial Summary
Bitfarms Ltd reported revenue of $6.0K for Q2 2024, with a net profit of $-24.9M (-414916.7% margin). Cost of goods sold was $-23.0K, operating expenses totaled $23.6M.
Key Financial Metrics
| Total Revenue | $6.0K |
|---|---|
| Net Profit | $-24.9M |
| Gross Margin | 483.3% |
| Operating Margin | -392966.7% |
| Report Period | Q2 2024 |
Income Statement
| Q2 2023 | Q3 2023 | Q1 2024 | Q2 2024 | |
|---|---|---|---|---|
| Revenue | $35.5M | $34.6M | $6000 | $6000 |
| YoY Growth | N/A | N/A | N/A | N/A |
Balance Sheet
| Q2 2023 | Q3 2023 | Q1 2024 | Q2 2024 | |
|---|---|---|---|---|
| Assets | N/A | N/A | N/A | N/A |
| Liabilities | N/A | N/A | N/A | N/A |
| Equity | N/A | N/A | N/A | N/A |
Cash Flow
No data available for this period