Bitfarms
Owns and operates blockchain farms that power global decentralized financial economy.
Launch date
Employees
Market cap
AUD1.4b
Enterprise valuation
AUD1.1b (Public information from Sep 2024)
Share price
CAD2.68 BITF.TO
Brossard Quebec (HQ)
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 34.8m | 169m | 142m | 146m | 227m | 489m | 657m |
% growth | 7 % | 387 % | (16 %) | 3 % | 55 % | 115 % | 34 % |
EBITDA | 2.2m | 61.8m | (95.2m) | 19.3m | 82.6m | 268m | - |
% EBITDA margin | 6 % | 36 % | (67 %) | 13 % | 36 % | 55 % | - |
Profit | (16.3m) | 22.1m | (239m) | (104m) | (57.4m) | 48.8m | 213m |
% profit margin | (47 %) | 13 % | (168 %) | (71 %) | (25 %) | 10 % | 32 % |
EV / revenue | 5.0x | 5.7x | 0.6x | 6.4x | 3.8x | 1.4x | 1.0x |
EV / EBITDA | 78.9x | 15.7x | -0.9x | 48.6x | 10.4x | 2.6x | - |
Date | Investors | Amount | Round |
---|---|---|---|
$20.0m | Post IPO Debt | ||
N/A | $5.0m | Post IPO Debt | |
N/A | CAD20.0m | Private Placement VC | |
N/A | CAD40.0m | Private Placement VC | |
* | $100m | Post IPO Debt | |
* | $32.0m | Post IPO Debt | |
* | N/A | CAD60.0m | Private Placement VC |
* | N/A | $375m | Post IPO Equity |
* | $6.6m | Post IPO Equity | |
* | N/A | Post IPO Equity | |
Total Funding | AUD136m |
Related Content
Recent News about Bitfarms
EditTech stack
Tech stackLearn more about the technologies and tools that this company uses.
Investments by Bitfarms
EditACQUISITION by Bitfarms Aug 2024