BTC Digital Ltd.
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. BTC Digital Ltd.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 89% to $9,073,000. The net income dropped to -$2,824,000 and profit margin reached -31%. Total operating expenses were $1,346,000.

Profit Margin

BTC Digital Ltd. (NASDAQ:BTCT): Profit margin
2017 1.14B 40.56M 3.53%
2018 1.42B 57.25M 4.02%
2019 1.44B -219.40M -15.15%
2020 897.03M -410.98M -45.82%
2021 728.99M -384.29M -52.72%
2022 81.59M 53.01M 64.97%
2023 9.07M -2.82M -31.13%

BTCT Income Statement (2017 – 2023)

2023 2022 2021 2020 2019 2018 2017
Revenue
Revenue
9.07M81.59M728.99M897.03M1.44B1.42B1.14B
Cost of revenue
10.20M69.40M483.70M607.07M755.35M627.99M467.96M
Gross profit
-1.13M12.19M245.29M289.95M692.54M796.23M681.75M
Operating exp.
Research and development
0018.41M31.87M32.33M26.17M21.21M
Selling and marketing
225K0250.85M310.43M437.98M425.21M373.06M
Total operating expenses
1.34M4.97M602.74M662.62M914.44M736.73M627.74M
Operating income
-2.48M7.22M-365.42M-400.78M-227.67M51.68M49.96M
Other income (expenses), net
-343K-412K-47.02M398.98M7.26M7.25M-40.79M
Income before tax
-2.82M6.67M-406.53M-406.98M-215.46M67.89M59.88M
Income tax expense
0-45.92M-20.23M5.80M9.60M14.45M19.53M
Net income
-2.82M53.01M-384.29M-410.98M-219.40M57.25M40.56M
Earnings per share
Basic EPS
-1.8977.64-16.91K-4.43K-2.72K709.14502.37
Diluted EPS
-1.8977.64-16.91K-3.74K-2.72K709.14502.37