Bitcoin Well
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. Bitcoin Well's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 18% to $54,531,838. Profit margin reached -22%. Total operating expenses were $5,955,597.

Profit Margin

Bitcoin Well Inc. (TSX:BTCW.V): Profit margin
2018 0 -6.06K
2019 0 -119.02K
2019 14.53M 117.41K 0.81%
2020 51.97M -2.74M -5.28%
2021 99.61M -13.60M -13.66%
2022 66.73M -5.99M -8.98%
2023 54.53M -12.02M -22.05%

BTCW.V Income Statement (2017 – 2023)

2023 2022 2021 2020 2019 2018 2017
Revenue
Revenue
54.53M66.73M99.61M51.97M14.53M00
Cost of revenue
49.70M62.30M94.44M44.67M12.88M00
Gross profit
4.82M4.42M5.17M7.29M1.65M00
Operating exp.
Research and development
411.74K1.13M359.46K59.47K20.24K00
Selling and marketing
384.77K643.89K943.42K258.45K83.11K00
Total operating expenses
5.95M10.17M13.19M5.35M1.34M119.64K6.06K
Operating income
-1.11M-2.11M-6.73M2.14M359.93K-119.64K-6.06K
Other income (expenses), net
-10.66M2.26M-5.58M-4.47M-158.25K614-4
Income before tax
-11.78M-5.21M-14.13M-2.41M117.41K-119.02K-6.06K
Income tax expense
241.70K778.16K-528.61K325.53K84.26K00
Net income
-12.02M-5.99M-13.60M-2.74M117.41K-119.02K-6.06K
Earnings per share
Basic EPS
-0.06-0.03-0.09-0.01-0.01-0.05-0.00
Diluted EPS
-0.06-0.03-0.09-0.01-0.01-0.05-0.00