Bitfarms Ltd (BITF)
1.745
-0.02
(-0.85%)
USD |
NASDAQ |
May 17, 16:00
1.77
+0.02
(+1.43%)
After-Hours: 20:00
Bitfarms Gross Profit Margin (Quarterly): -21.23% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | -21.23% |
December 31, 2023 | 3.80% |
September 30, 2023 | -25.63% |
June 30, 2023 | -17.02% |
March 31, 2023 | -27.80% |
December 31, 2022 | -44.69% |
September 30, 2022 | -11.85% |
June 30, 2022 | 22.73% |
March 31, 2022 | 42.24% |
December 31, 2021 | 65.41% |
September 30, 2021 | 65.82% |
June 30, 2021 | 63.66% |
Date | Value |
---|---|
March 31, 2021 | 67.92% |
December 31, 2020 | 24.23% |
September 30, 2020 | -15.19% |
June 30, 2020 | -1.82% |
March 31, 2020 | 14.06% |
December 31, 2019 | 26.89% |
September 30, 2019 | 45.83% |
June 30, 2019 | 46.14% |
March 31, 2019 | 5.84% |
December 31, 2018 | -47.66% |
September 30, 2018 | 10.44% |
June 30, 2018 | 27.12% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-44.69%
Minimum
Dec 2022
67.92%
Maximum
Mar 2021
16.18%
Average
18.39%
Median
Gross Profit Margin (Quarterly) Benchmarks
Riot Platforms Inc | 40.60% |
BlackRock Inc | 46.40% |
Morgan Stanley | -- |
Marathon Digital Holdings Inc | -1.82% |
Pineapple Financial Inc | 31.06% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -35.82% |
Return on Assets | -29.78% |
Return on Invested Capital | -34.60% |
Profit Margin (Quarterly) | -11.88% |
Operating Margin (Quarterly) | -47.58% |
Return on Net Operating Assets | -33.08% |