Bit Financial Statements From 2010 to 2024

BTOG Stock  USD 1.41  0.05  3.68%   
Bit Origin financial statements provide useful quarterly and yearly information to potential Bit Origin 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 Origin financial statements helps investors assess Bit Origin's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Bit Origin's valuation are summarized below:
Gross Profit
-211 K
Market Capitalization
11.3 M
Enterprise Value Revenue
1.2295
Revenue
7.1 M
Earnings Share
(9.28)
There are over one hundred nineteen available fundamental signals for Bit Origin, which can be analyzed over time and compared to other ratios. Active traders should verify all of Bit Origin prevailing fundamental drivers against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. The current Market Cap is estimated to decrease to about 7.4 M. Enterprise Value is estimated to decrease to about 9.6 M

Bit Origin Total Revenue

5.35 Million

Check Bit Origin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bit Origin's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.5 M, Interest Expense of 194.4 K or Selling General Administrative of 2.9 M, as well as many indicators such as Price To Sales Ratio of 0.92, Dividend Yield of 0.0 or PTB Ratio of 0.72. Bit financial statements analysis is a perfect complement when working with Bit Origin Valuation or Volatility modules.
  
Check out the analysis of Bit Origin Correlation against competitors.
For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.

Bit Origin Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares OutstandingM3.8 M1.5 M
Slightly volatile
Total Assets11.4 M12 M30 M
Pretty Stable
Short and Long Term Debt Total1.8 M1.9 M8.9 M
Slightly volatile
Total Current Liabilities2.2 M2.3 M15.8 M
Slightly volatile
Property Plant And Equipment Net5.4 M8.5 M4.9 M
Slightly volatile
Current Deferred Revenue5.3 M5.1 M1.8 M
Slightly volatile
Net Debt1.8 M1.9 M8.5 M
Slightly volatile
Accounts Payable729.7 K768.1 K4.4 M
Pretty Stable
Cash13.9 K14.6 K351.9 K
Pretty Stable
Non Current Assets Total11.9 M11.2 M8.5 M
Slightly volatile
Cash And Short Term Investments13.9 K14.6 K351.9 K
Pretty Stable
Net Receivables400.3 K421.4 K15.2 M
Slightly volatile
Liabilities And Stockholders Equity11.4 M12 M30 M
Pretty Stable
Other Current Assets3.4 M3.6 M6.2 M
Pretty Stable
Other Stockholder Equity88.7 M84.5 M27.6 M
Slightly volatile
Total Liabilities2.6 M2.8 M16.8 M
Pretty Stable
Total Current Assets3.1 M3.2 M21.9 M
Slightly volatile
Short Term Debt1.4 M1.4 M7.5 M
Slightly volatile
Intangible Assets349.7 K269.7 K424.2 K
Slightly volatile
Common Stock1.2 M1.2 M452.7 K
Slightly volatile
Other Liabilities3.4 M4.4 M2.7 M
Slightly volatile
Other Assets21.9 M20.9 M6.8 M
Slightly volatile
Long Term Debt415.8 K437.7 K1.1 M
Very volatile
Non Current Liabilities Total415.8 K437.7 K2.5 M
Slightly volatile
Short and Long Term Debt1.4 M1.4 M7.1 M
Slightly volatile
Property Plant Equipment9.7 M9.2 M4.7 M
Slightly volatile
Capital Stock615.9 K1.2 M422.6 K
Slightly volatile
Property Plant And Equipment Gross35.9 M34.2 M14.2 M
Slightly volatile
Short Term Investments1.2 M2.4 M493.9 K
Slightly volatile

Bit Origin Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization6.5 M6.2 M1.6 M
Slightly volatile
Interest Expense194.4 K204.6 K579.6 K
Pretty Stable
Selling General Administrative2.9 M3.4 M2.1 M
Slightly volatile
Selling And Marketing ExpensesM3.8 M1.8 M
Slightly volatile
Total Revenue5.4 M5.6 M45.5 M
Pretty Stable
Other Operating Expenses52.4 M31 M51.1 M
Pretty Stable
Cost Of Revenue9.3 M9.7 M42.2 M
Very volatile
Total Operating Expenses5.7 M7.2 M4.4 M
Slightly volatile
Interest Income952K208.1 K
Slightly volatile
Reconciled Depreciation6.5 M6.2 M1.6 M
Slightly volatile

Bit Origin Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow15.2 K16 K955.9 K
Slightly volatile
Depreciation6.5 M6.2 M1.6 M
Slightly volatile
Other Non Cash Items8.8 M17.1 M6.1 M
Slightly volatile
Capital Expenditures125.7 K132.3 K1.3 M
Slightly volatile
End Period Cash Flow13.9 K14.6 K403.2 K
Pretty Stable
Stock Based Compensation57.5 K60.5 K754.8 K
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.920.9710.8916
Pretty Stable
Days Sales Outstanding23.3424.56612
Pretty Stable
Average Payables3.8 M4.5 M4.1 M
Slightly volatile
Stock Based Compensation To Revenue0.00920.00970.5706
Pretty Stable
Capex To Depreciation0.01830.01934.2374
Slightly volatile
EV To Sales1.211.2711.6505
Pretty Stable
Payables Turnover28.3718.6441.5444
Slightly volatile
Sales General And Administrative To Revenue0.410.432.1304
Pretty Stable
Capex To Revenue0.01570.01655.7616
Slightly volatile
Cash Per Share0.80.570.6464
Pretty Stable
Days Payables Outstanding18.0120.2716.1632
Slightly volatile
Intangibles To Total Assets0.00730.00770.0248
Slightly volatile
Current Ratio1.181.242.4683
Pretty Stable
Receivables Turnover12.6412.047.4256
Pretty Stable
Graham Number40.7327.9732.4122
Pretty Stable
Capex Per Share0.02960.03120.7314
Pretty Stable
Average Receivables2.7 M2.8 M22.1 M
Slightly volatile
Revenue Per Share2.062.1756.505
Pretty Stable
Interest Debt Per Share0.760.87.6054
Slightly volatile
Debt To Assets0.260.180.2863
Slightly volatile
Operating Cycle23.3424.56689
Pretty Stable
Days Of Payables Outstanding18.0120.2716.1632
Slightly volatile
Ebt Per Ebit0.850.91.7306
Pretty Stable
Long Term Debt To Capitalization0.10.0520.0863
Slightly volatile
Quick Ratio1.181.242.1402
Pretty Stable
Cash Ratio0.00540.00570.0219
Pretty Stable
Cash Conversion Cycle4.084.3674
Pretty Stable
Days Of Sales Outstanding23.3424.56612
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.921.0171.1972
Slightly volatile
Fixed Asset Turnover0.730.761.2 K
Pretty Stable
Debt Ratio0.260.180.2863
Slightly volatile
Price Sales Ratio0.920.9710.8916
Pretty Stable
Asset Turnover0.510.541.737
Slightly volatile

Bit Origin Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap7.4 M7.8 M41.4 M
Slightly volatile
Enterprise Value9.6 M10.2 M43.5 M
Slightly volatile

Bit Fundamental Market Drivers

Cash And Short Term Investments16.3 K

Bit Upcoming Events

30th of January 2024
Upcoming Quarterly Report
View
30th of September 2023
Next Fiscal Quarter End
View

About Bit Origin Financial Statements

Bit Origin stakeholders use historical fundamental indicators, such as Bit Origin's revenue or net income, to determine how well the company is positioned to perform in the future. Although Bit Origin investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bit Origin's assets and liabilities are reflected in the revenues and expenses on Bit Origin's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Bit Origin. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue5.1 M5.3 M
Total Revenue5.6 M5.4 M
Cost Of Revenue9.7 M9.3 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.43  0.41 
Capex To Revenue 0.02  0.02 
Revenue Per Share 2.17  2.06 
Ebit Per Revenue(5.20)(5.46)

Currently Active Assets on Macroaxis

When determining whether Bit Origin is a strong investment it is important to analyze Bit Origin'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 Origin's future performance. For an informed investment choice regarding Bit Stock, refer to the following important reports:
Check out the analysis of Bit Origin Correlation against competitors.
For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Packaged Foods & Meats 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 Origin. 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 Origin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(9.28)
Revenue Per Share
2.052
Quarterly Revenue Growth
0.402
Return On Assets
(0.35)
Return On Equity
(1.46)
The market value of Bit Origin 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 Origin's value that differs from its market value or its book value, called intrinsic value, which is Bit Origin'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 Origin's market value can be influenced by many factors that don't directly affect Bit Origin'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 Origin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bit Origin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bit Origin'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.