BIT Financial Statements From 2010 to 2025

BTCM Stock  USD 2.92  0.12  4.29%   
BIT Mining financial statements provide useful quarterly and yearly information to potential BIT Mining investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on BIT Mining financial statements helps investors assess BIT Mining's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting BIT Mining's valuation are summarized below:
Gross Profit
6.1 M
Profit Margin
(0.09)
Market Capitalization
42.7 M
Enterprise Value Revenue
1.0562
Revenue
41.4 M
There are over one hundred nineteen available fundamental signals for BIT Mining, which can be analyzed over time and compared to other ratios. Self-guided Investors are advised to validate BIT Mining's prevailing fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself for few more years. As of the 23rd of January 2025, Market Cap is likely to grow to about 384.7 B. Also, Enterprise Value is likely to grow to about 388.7 B

BIT Mining Total Revenue

47.09 Million

Check BIT Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BIT Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.8 M, Interest Expense of 0.0 or Selling General Administrative of 32.2 M, as well as many indicators such as Price To Sales Ratio of 141, Dividend Yield of 0.0 or PTB Ratio of 209. BIT financial statements analysis is a perfect complement when working with BIT Mining Valuation or Volatility modules.
  
Check out the analysis of BIT Mining Correlation against competitors.
To learn how to invest in BIT Stock, please use our How to Invest in BIT Mining guide.

BIT Mining Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets79.3 M83.5 M149.6 M
Very volatile
Common Stock Shares Outstanding13.3 M12.7 M5.7 M
Slightly volatile
Other Current Liabilities50.5 M48.1 M21 M
Slightly volatile
Total Current Liabilities33.4 M51.7 M31.8 M
Slightly volatile
Property Plant And Equipment Net17.8 M31.2 M16.4 M
Slightly volatile
Current Deferred Revenue339.4 K357.3 K6.4 M
Slightly volatile
Cash2.8 M2.9 M39.2 M
Slightly volatile
Non Current Assets Total62 M44.6 M52.8 M
Slightly volatile
Non Currrent Assets Other6.6 M6.2 M3.6 M
Very volatile
Cash And Short Term Investments2.8 M2.9 M68.2 M
Slightly volatile
Net Receivables1.9 MM15.5 M
Slightly volatile
Common Stock Total Equity141.2 K173.7 K133.5 K
Slightly volatile
Short Term Investments6.5 M6.9 M36.6 M
Pretty Stable
Liabilities And Stockholders Equity62.1 M65.3 M147.4 M
Pretty Stable
Non Current Liabilities Total2.2 M2.3 M7.3 M
Slightly volatile
Other Current Assets24.3 M25.5 M180.4 M
Pretty Stable
Other Stockholder Equity356.4 M690.3 M331.1 M
Slightly volatile
Total Liabilities41.9 M54.6 M39.6 M
Pretty Stable
Property Plant And Equipment Gross64.8 M121 M60.3 M
Slightly volatile
Total Current Assets28.9 M30.5 M97 M
Slightly volatile
Intangible Assets2.2 M2.3 M12.8 M
Pretty Stable
Common Stock65.2 K62.1 K30 K
Slightly volatile
Short and Long Term Debt Total3.6 M3.8 M14.7 M
Slightly volatile
Accounts Payable896.9 K944.1 K6.1 M
Very volatile
Short Term Debt1.6 M1.5 M2.3 M
Slightly volatile
Other Liabilities3.9 M4.1 M26 M
Slightly volatile
Net Tangible Assets42.6 M44.8 M644.7 M
Slightly volatile
Net Invested Capital21.5 M22.6 M854.8 M
Slightly volatile
Long Term Investments3.6 M3.8 M203.3 M
Slightly volatile
Non Current Liabilities Other28.3 M33.8 M25.9 M
Slightly volatile
Property Plant Equipment26.8 M28.2 M79.3 M
Slightly volatile
Capital Stock38.6 K62.1 K30.3 K
Slightly volatile
Capital Lease Obligations3.6 M3.8 M32.2 M
Slightly volatile

BIT Mining Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization8.8 M14.4 M8.5 M
Slightly volatile
Selling General Administrative32.2 M21.2 M29 M
Pretty Stable
Selling And Marketing Expenses130.8 K137.7 K7.2 M
Slightly volatile
Total Revenue47.1 M49.6 M150.3 M
Slightly volatile
Other Operating Expenses74.6 M78.5 M175 M
Slightly volatile
Research Development747.3 K786.6 K31 M
Slightly volatile
Cost Of Revenue43.8 M46.1 M136.6 M
Slightly volatile
Total Operating Expenses43.3 M32.5 M39.2 M
Pretty Stable
Interest Income206.9 K217.8 K12.7 M
Slightly volatile
Reconciled Depreciation10.7 M11.3 M37.7 M
Slightly volatile

BIT Mining Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation1.1 M1.2 M8.6 M
Pretty Stable
Begin Period Cash Flow6.1 M6.4 M39 M
Very volatile
Depreciation8.8 M14.4 M8.5 M
Slightly volatile
Capital Expenditures9.3 M18 M9.1 M
Slightly volatile
End Period Cash Flow2.8 M2.9 M38.8 M
Slightly volatile
Dividends Paid196.3 M186.9 M128 M
Slightly volatile
Change To Netincome141.2 M113 M142.3 M
Very volatile
Net Borrowings5.4 M5.7 M15.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio14114831.8 K
Pretty Stable
Dividend Yield0.01.0E-41.0E-4
Slightly volatile
Days Sales Outstanding20.6521.74350
Pretty Stable
Stock Based Compensation To Revenue0.02040.02151.4416
Very volatile
Capex To Depreciation1.651.441.5078
Slightly volatile
EV To Sales14114831.5 K
Very volatile
Payables Turnover53.356.11117
Slightly volatile
Sales General And Administrative To Revenue0.370.393.451
Very volatile
Research And Ddevelopement To Revenue0.01730.01834.8331
Very volatile
Capex To Revenue0.240.330.3025
Very volatile
Cash Per Share0.00320.00340.1905
Slightly volatile
Payout Ratio3.122.112.31
Slightly volatile
Days Payables Outstanding5.216.737.5502
Slightly volatile
Intangibles To Total Assets0.02390.02520.0828
Pretty Stable
Current Ratio0.820.874.0366
Slightly volatile
Receivables Turnover16.5117.38240
Pretty Stable
Graham Number0.130.11560.6255
Pretty Stable
Capex Per Share0.01210.01280.0148
Pretty Stable
Average ReceivablesM3.2 M5.2 M
Slightly volatile
Revenue Per Share0.03340.03520.2479
Pretty Stable
Interest Debt Per Share0.00420.00440.0319
Slightly volatile
Debt To Assets0.08460.06680.0945
Slightly volatile
Days Of Payables Outstanding5.216.737.5502
Slightly volatile
Dividend Payout Ratio3.122.112.31
Slightly volatile
Ebt Per Ebit1.20.911.4463
Pretty Stable
Long Term Debt To Capitalization0.0410.0460.0502
Slightly volatile
Total Debt To Capitalization0.190.170.2782
Slightly volatile
Quick Ratio0.820.8713.7981
Pretty Stable
Net Income Per E B T0.841.021.0326
Very volatile
Cash Ratio0.07890.0831.9572
Pretty Stable
Days Of Sales Outstanding20.6521.74350
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.941.41.1827
Slightly volatile
Fixed Asset Turnover1.361.437.5482
Pretty Stable
Debt Ratio0.08460.06680.0945
Slightly volatile
Price Sales Ratio14114831.8 K
Pretty Stable
Asset Turnover0.980.531.1313
Slightly volatile

BIT Mining Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap384.7 B295.1 B325.2 B
Slightly volatile
Enterprise Value388.7 B295 B324.5 B
Slightly volatile

BIT Fundamental Market Drivers

Forward Price Earnings270.2703
Cash And Short Term Investments3.2 M

BIT Upcoming Events

16th of February 2024
Upcoming Quarterly Report
View
4th of June 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
16th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About BIT Mining Financial Statements

BIT Mining investors utilize fundamental indicators, such as revenue or net income, to predict how BIT Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue357.3 K339.4 K
Total Revenue49.6 M47.1 M
Cost Of Revenue46.1 M43.8 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.39  0.37 
Research And Ddevelopement To Revenue 0.02  0.02 
Capex To Revenue 0.33  0.24 
Revenue Per Share 0.04  0.03 
Ebit Per Revenue(0.67)(0.71)

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When determining whether BIT Mining is a strong investment it is important to analyze BIT Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BIT Mining's future performance. For an informed investment choice regarding BIT Stock, refer to the following important reports:
Check out the analysis of BIT Mining Correlation against competitors.
To learn how to invest in BIT Stock, please use our How to Invest in BIT Mining guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BIT Mining. If investors know BIT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BIT Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.00)
Revenue Per Share
3.712
Quarterly Revenue Growth
(0.87)
Return On Assets
(0.19)
Return On Equity
(0.43)
The market value of BIT Mining is measured differently than its book value, which is the value of BIT that is recorded on the company's balance sheet. Investors also form their own opinion of BIT Mining's value that differs from its market value or its book value, called intrinsic value, which is BIT Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BIT Mining's market value can be influenced by many factors that don't directly affect BIT Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BIT Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIT Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIT Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.