Name: Bit Digital, Inc. (BTBT) Financial Statements
Creator: FinSpry

Bit Digital Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Bit Digital, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	107.50	44.92	32.30	96.08	21.07
Cost of Revenue	62.38	29.56	20.37	30.74	14.10
Gross Profit	45.12	15.36	11.92	65.34	6.96
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	41.51	27.67	22.98	39.15	2.52
Operating Expenses	18.11	42.10	50.81	52.27	5.40
Operating Income	27.01	-26.74	-38.89	13.07	1.56
Other Income/Expense
Interest Income	0.55	0.00	0.00	0.00	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	6.56	-15.16	-67.00	-10.22	0.00
Income
Income Before Tax	32.28	-13.61	-105.89	2.85	1.56
Income Tax Expense	3.98	0.28	-0.59	3.86	0.00
Net Income	28.31	-13.89	-105.30	-1.01	-2.28
Net Income - Continuous Operations	28.31	-13.89	-105.30	-1.01	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	59.32	-0.15	-11.06	26.18	4.88
EBIT	27.01	-14.58	-38.89	13.07	1.56
Depreciation & Amortization	32.31	14.43	27.83	13.11	3.32
Earnings Per Share
Basic EPS	-	-	-1.00	-	-
Diluted EPS	-	-	-1.00	-	-
Basic Shares Outstanding	140.35	87.53	78.61	55.44	30.59
Diluted Shares Outstanding	141.51	87.53	78.61	55.44	30.59