Name: BitFuFu Inc. (FUFU) Financial Statements
Creator: FinSpry

BitFuFu Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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BitFuFu 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	463.33	284.11	198.20	103.04	1.23
Cost of Revenue	433.61	271.39	143.83	94.01	1.09
Gross Profit	29.72	12.71	54.37	9.03	0.14
Operating Expenses
Research & Development	5.60	1.74	1.56	0.47	0.69
Selling, General & Administrative	32.73	5.55	4.69	3.03	0.58
Operating Expenses	38.33	7.39	24.99	3.50	1.27
Operating Income	-8.61	5.33	29.37	5.53	-1.13
Other Income/Expense
Interest Income	1.62	1.06	0.34	0.14	0.00
Interest Expense	6.33	5.54	-2.52	0.00	0.00
Other Income/Expense	74.95	11.83	-13.57	0.37	0.03
Income
Income Before Tax	61.63	12.68	1.78	5.97	-1.11
Income Tax Expense	7.67	2.18	-0.67	1.04	0.00
Net Income	53.96	10.50	2.44	4.93	-1.11
Net Income - Continuous Operations	53.96	10.50	2.44	4.93	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	92.69	42.71	47.53	5.53	0.00
EBIT	67.96	18.21	29.37	5.53	-1.13
Depreciation & Amortization	24.73	24.50	18.16	0.00	0.00
Earnings Per Share
Basic EPS	-	-	-	-	-
Diluted EPS	-	-	-	-	-
Basic Shares Outstanding	160.99	162.90	149.38	142.50	157.89
Diluted Shares Outstanding	160.99	162.90	149.38	142.50	157.89