Bitfarms Ltd (BITF)
2.005
-0.06
(-2.67%)
USD |
NASDAQ |
Apr 25, 16:00
1.99
-0.02
(-0.75%)
Pre-Market: 08:32
Bitfarms Gross Profit Margin (Quarterly): 3.80% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| 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% |
| March 31, 2021 | 67.92% |
| Date | Value |
|---|---|
| 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
18.14%
Average
22.73%
Median
Jun 2022
Gross Profit Margin (Quarterly) Benchmarks
| Riot Platforms Inc | 19.47% |
| Marathon Digital Holdings Inc | 6.83% |
| Cleanspark Inc | 40.07% |
| Mawson Infrastructure Group Inc | 34.83% |
| Hut 8 Corp | 46.96% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -37.40% |
| Return on Assets | -30.21% |
| Return on Invested Capital | -34.93% |
| Profit Margin (Quarterly) | -124.1% |
| Operating Margin (Quarterly) | -35.40% |
| Return on Net Operating Assets | -32.59% |