Bitfarms Ltd (BITF.TO)
2.97
-0.22
(-6.90%)
CAD |
TSX |
Nov 14, 16:00
Bitfarms Gross Profit Margin (Quarterly): -27.14% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | -27.14% |
| 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
10.76%
Average
3.80%
Median
Dec 2023
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -32.29% |
| Return on Assets | -27.37% |
| Return on Invested Capital | -31.68% |
| Profit Margin (Quarterly) | -64.02% |
| Operating Margin (Quarterly) | -56.83% |
| Return on Net Operating Assets | -31.11% |