About bitfarms ltd. - BITF
Bitfarms Ltd. (Canada) engages in the business of mining cryptocurrency. The firm is also involved in the ownership and operation of server farms comprised of computers designed for the purpose of validating transactions on the Bitcoin blockchain. The company was founded by Emiliano Joel Grodzki and Nicolas Bonta in 2017 and is headquartered in Toronto, Canada.
BITF At a Glance
Bitfarms Ltd. (Canada)
18 King Street East
Toronto, Ontario M5C 1C4
| Phone | 1-514-691-6228 | Revenue | 146.37M | |
| Industry | Data Processing Services | Net Income | -104,036,000.00 | |
| Sector | Technology Services | 2023 Sales Growth | 2.765% | |
| Fiscal Year-end | 12 / 2024 | Employees | 170 | |
| View SEC Filings |
BITF Valuation
| P/E Current | N/A |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | N/A |
| Price to Sales Ratio | 5.231 |
| Price to Book Ratio | 3.31 |
| Price to Cash Flow Ratio | 32.446 |
| Enterprise Value to EBITDA | 36.905 |
| Enterprise Value to Sales | 4.561 |
| Total Debt to Enterprise Value | 0.03 |
BITF Efficiency
| Revenue/Employee | 860,976.471 |
| Income Per Employee | -611,976.471 |
| Receivables Turnover | 66.289 |
| Total Asset Turnover | 0.406 |
BITF Liquidity
| Current Ratio | 1.88 |
| Quick Ratio | 1.869 |
| Cash Ratio | 1.706 |
BITF Profitability
| Gross Margin | -14.691 |
| Operating Margin | -45.569 |
| Pretax Margin | -71.353 |
| Net Margin | -71.079 |
| Return on Assets | -28.826 |
| Return on Equity | -37.809 |
| Return on Total Capital | -33.066 |
| Return on Invested Capital | -35.774 |
BITF Capital Structure
| Total Debt to Total Equity | 6.742 |
| Total Debt to Total Capital | 6.316 |
| Total Debt to Total Assets | 5.247 |
| Long-Term Debt to Equity | 4.408 |
| Long-Term Debt to Total Capital | 4.13 |