Bit Historical Income Statement
| BTOG Stock | USD 1.36 0.14 9.33% |
Historical analysis of Bit Origin income statement accounts such as Interest Expense of 194.4 K, Selling General Administrative of 2.9 M or Selling And Marketing Expenses of 4 M can show how well Bit Origin performed in making a profits. Evaluating Bit Origin income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Bit Origin's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Bit Origin latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Bit Origin is a good buy for the upcoming year.
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About Bit Income Statement Analysis
Bit Origin Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Bit Origin shareholders. The income statement also shows Bit investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Bit Origin Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Bit Origin generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bit Origin. It is also known as Bit Origin overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Bit Origin's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bit Origin current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bit Origin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.At this time, Bit Origin's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Bit Origin's current Total Other Income Expense Net is estimated to increase to about 106.6 K, while Selling General Administrative is projected to decrease to roughly 2.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 54.1K | 227.4K | 204.6K | 194.4K | Depreciation And Amortization | 276.8K | 5.4M | 6.2M | 6.5M |
Bit Origin income statement Correlations
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Bit Origin Account Relationship Matchups
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Bit Origin income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.6K | 6.5K | 276.8K | 5.4M | 6.2M | 6.5M | |
| Interest Expense | 1.7M | 294.1K | 54.1K | 227.4K | 204.6K | 194.4K | |
| Selling General Administrative | 5.1M | 3.9M | 5.8M | 3.0M | 3.4M | 2.9M | |
| Selling And Marketing Expenses | 1.3M | 794.2K | 238.6K | 3.3M | 3.8M | 4.0M | |
| Total Revenue | 110.6M | 80.5M | 192.4K | 6.3M | 5.6M | 5.4M | |
| Gross Profit | 7.2M | 3.0M | (211.0K) | (4.6M) | (4.1M) | (3.9M) | |
| Other Operating Expenses | 110.8M | 88.0M | 6.3M | 34.5M | 31.0M | 52.4M | |
| Operating Income | (202.7K) | (7.5M) | (6.1M) | (28.3M) | (25.5M) | (24.2M) | |
| Ebit | (2.6M) | (3.5M) | (5.3M) | (28.0M) | (25.2M) | (23.9M) | |
| Ebitda | (2.6M) | (3.5M) | (5.0M) | (22.6M) | (20.4M) | (19.3M) | |
| Cost Of Revenue | 103.4M | 77.5M | 403.4K | 10.8M | 9.7M | 9.3M | |
| Total Operating Expenses | 7.4M | 10.5M | 5.8M | 6.3M | 7.2M | 5.7M | |
| Income Before Tax | (2.4M) | (13.3M) | (5.3M) | (28.2M) | (25.4M) | (24.1M) | |
| Total Other Income Expense Net | (3.7M) | (165.8K) | 766.1K | 88.3K | 101.5K | 106.6K | |
| Net Income | (2.6M) | (12.3M) | 3.2M | (28.2M) | (25.4M) | (24.1M) | |
| Income Tax Expense | 223.2K | (1.0M) | (9.3M) | 227.4K | 204.6K | 214.9K | |
| Net Interest Income | (2.1M) | (429.5K) | (57.6K) | (587.7K) | (675.9K) | (709.7K) | |
| Net Income From Continuing Ops | (2.6M) | (12.3M) | (5.3M) | (28.2M) | (25.4M) | (24.1M) | |
| Reconciled Depreciation | 581.7K | 6.5K | 276.8K | 5.4M | 6.2M | 6.5M | |
| Net Income Applicable To Common Shares | 4.4M | (4.9M) | (45.6M) | 3.2M | 2.9M | 3.1M |
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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bit Origin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.