BIT Mining Limited
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 Mining Limited's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 93% to $43,101,000. The net income raised on -$28,710,000 and profit margin reached -67%. Total operating expenses were $28,239,000.

Profit Margin

BIT Mining Limited (NYSE:BTCM): Profit margin
2014 93.45M 25.31M 27.09%
2015 15.33M -49.89M -325.35%
2016 1.57M -28.75M -1826.86%
2017 19.75M -48.57M -245.83%
2018 18.32M -65.65M -358.22%
2019 5.67M -91.38M -1611.09%
2020 3.33M -33.84M -1013.5%
2021 1.32B -61.50M -4.64%
2022 650.22M -181.20M -27.87%
2023 43.10M -28.71M -66.61%

BTCM Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
43.10M650.22M1.32B3.33M5.67M18.32M19.75M1.57M15.33M93.45M
Cost of revenue
40.05M669.71M1.32B2.56M8.49M11.63M8.13M2.03M3.75M8.69M
Gross profit
3.04M-19.49M1.60M771.58K-2.81M6.69M11.62M-462.71K11.58M84.76M
Operating exp.
Research and development
874K3.66M3.15M30.20M48.61M61.90M68.34M71.59M63.29M59.39M
Selling and marketing
153K633K951K2.56M6.06M13.44M11.79M6.46M13.40M28.03M
Total operating expenses
28.23M31.94M42.51M29.97M43.32M56.77M65.36M51.84M58.01M60.14M
Operating income
-25.19M-182.85M-40.90M-29.20M-11.13M-71.86M-53.74M-52.31M-46.42M24.10M
Other income (expenses), net
-191K10.21M-20.84M-6.36M-81.34M-23.57M-54.12M19.65M-50.38M9.19M
Income before tax
-25.38M-172.64M-61.75M-34.40M-92.47M-71.42M-50.31M-29.21M-43.47M26.60M
Income tax expense
08.56M-242K-559.28K-1.09M-2.84M-1.89M440.24K6.46M1.28M
Net income
-28.71M-181.20M-61.50M-33.84M-91.38M-65.65M-48.57M-28.75M-49.89M25.31M
Earnings per share
Basic EPS
-2.6-20.8-9.88-7.87-21.32-15.67-11.97-6.93-12.947.42
Diluted EPS
-2.6-20.8-9.88-7.87-21.32-15.67-11.9-6.93-12.947.09
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