Bit Digital
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Bit Digital's past years’ income statements indicate that its last revenue has increased compared to the previous period by 39% to $44,916,131. The net income raised on -$13,893,281 and profit margin reached -31%. Total operating expenses were $31,979,255.
Profit Margin
| 2015 | 0 | -106.26K | |
|---|---|---|---|
| 2016 | 3.70M | 160.90K | 4.34% |
| 2017 | 6.95M | -996.82K | -14.34% |
| 2018 | 7.88M | -3.53M | -44.84% |
| 2019 | 4.58M | -6.93M | -151.21% |
| 2020 | 21.06M | -1.10M | -5.24% |
| 2021 | 96.07M | 4.86M | 5.06% |
| 2022 | 32.29M | -105.29M | -326.03% |
| 2023 | 44.91M | -13.89M | -30.93% |
BTBT Income Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 44.91M | 32.29M | 96.07M | 21.06M | 4.58M | 7.88M | 6.95M | 3.70M | 0 |
Cost of revenue | 29.55M | 20.37M | 30.73M | 14.10M | 0 | 0 | 391.92K | 0 | 0 |
Gross profit | 15.35M | 11.92M | 65.33M | 6.96M | 4.58M | 7.88M | 6.56M | 3.70M | 0 |
Operating exp. | |||||||||
Research and development | 0 | 0 | 0 | 0 | 137.42K | 447.88K | 485.85K | 417.90K | 29.94K |
Selling and marketing | 1.2M | 1.1M | 0 | 0 | 6.95M | 4.94M | 3.91M | 1.43M | 361.09K |
Total operating expenses | 31.97M | 50.94M | 52.26M | 5.83M | 9.57M | 12.07M | 8.31M | 3.48M | 141.69K |
Operating income | -16.61M | 26.72M | 18.12M | 315.15K | -4.98M | -4.18M | -1.35M | 216.85K | -141.69K |
Other income (expenses), net | 3.00M | -132.61M | -9.40M | 803.63K | -1.14M | 186.54K | 91.11K | -155 | 1 |
Income before tax | -13.61M | -105.88M | 8.72M | 1.92M | -6.13M | -3.99M | -1.26M | 219.74K | -141.69K |
Income tax expense | 279.04K | -592.85K | 3.85M | 3.02M | 806.80K | -461.17K | -271.54K | 54.93K | -35.42K |
Net income | -13.89M | -105.29M | 4.86M | -1.10M | -6.93M | -3.53M | -996.82K | 160.90K | -106.26K |
Earnings per share | |||||||||
Basic EPS | -0.16 | -1.34 | 0.08 | -0.03 | -0.46 | -0.25 | -0.07 | 0.01 | -0.00 |
Diluted EPS | -0.16 | -1.34 | 0.08 | -0.03 | -0.46 | -0.25 | -0.07 | 0.01 | -0.00 |
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