BTC Digital Ltd.BTCTEarnings & Financial Report
BTC Digital Ltd. is a cryptocurrency enterprise focused primarily on Bitcoin mining operations. It manages high-performance computing hardware clusters to validate blockchain transactions and earn Bitcoin rewards, with core operations spanning North America and parts of Southeast Asia, serving the global digital asset ecosystem.
BTCT Q4 FY2024 Key Financial Metrics
Revenue
$4.1M
Gross Profit
$718.0K
Operating Profit
$-439.0K
Net Profit
$17.0K
Gross Margin
17.4%
Operating Margin
-10.6%
Net Margin
0.4%
YoY Growth
N/A
BTC Digital Ltd. Q4 FY2024 Financial Summary
BTC Digital Ltd. reported revenue of $4.1M for Q4 FY2024, with a net profit of $17.0K (0.4% margin). Cost of goods sold was $3.4M, operating expenses totaled $1.2M.
Key Financial Metrics
| Total Revenue | $4.1M |
|---|---|
| Net Profit | $17.0K |
| Gross Margin | 17.4% |
| Operating Margin | -10.6% |
| Report Period | Q4 FY2024 |
BTC Digital Ltd. Annual Revenue by Year
BTC Digital Ltd. annual revenue history includes year-by-year totals (for example, 2024 revenue was $11.7M).
BTC Digital Ltd. Quarterly Revenue & Net Profit History
BTC Digital Ltd. results over the last 5 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2024 | $4.1M | — | $17.0K | 0.4% |
| Q3 FY2024 | $2.6M | — | $-571.0K | -22.3% |
| Q2 FY2024 | $2.3M | -63.5% | $-704.0K | -30.2% |
| Q1 FY2024 | $2.6M | — | $-731.0K | -27.6% |
| Q2 FY2023 | $6.4M | — | $-135.0K | -2.1% |
Income Statement
| Q2 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
|---|---|---|---|---|---|
| Revenue | $6.4M | $2.6M | $2.3M | $2.6M | $4.1M |
| YoY Growth | N/A | N/A | -63.5% | N/A | N/A |
Balance Sheet
| Q2 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
|---|---|---|---|---|---|
| Assets | $25.7M | $24.6M | $24.7M | $25.1M | $41.1M |
| Liabilities | $7.4M | $4.3M | $5.1M | $4.6M | $1.2M |
| Equity | $18.3M | $20.3M | $19.6M | $20.4M | $39.9M |
Cash Flow
| Q2 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
|---|---|---|---|---|---|
| Operating CF | $-3.8M | $172000 | $3.5M | $-284000 | $-1.8M |