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Bitfarms Ltd. BITF
Financial Services - Financial - Capital Markets - NASDAQ - CA
Watchlist
$ 1.0104
1.42 %
$ 512 M
Market Cap
-7.55
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one BITF stock under the worst case scenario is HIDDEN Compared to the current market price of 1.01 USD, Bitfarms Ltd. is HIDDEN

BITF Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one BITF stock under the base case scenario is HIDDEN Compared to the current market price of 1.01 USD, Bitfarms Ltd. is HIDDEN

BITF Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one BITF stock under the best case scenario is HIDDEN Compared to the current market price of 1.01 USD, Bitfarms Ltd. is HIDDEN

BITF Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart BITF

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1M 21%
6M -123%
1Y -82%
3Y -80%
5Y 173%
All
$3.0$3.0$2.5$2.5$2.0$2.0$1.5$1.5$1.0$1.0$0.5$0.515 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '25
FINANCIALS
193 M REVENUE
31.78%
Growth Rates
1Year 31.78%
3Years 4.46%
5Years 42.85%
7Years 55.00%
10Years 0.00%
-108 M OPERATING INCOME
-49.13%
Growth Rates
1Year -49.13%
3Years -57.14%
5Years -112.13%
7Years -47.98%
10Years 0.00%
-54.1 M NET INCOME
50.37%
Growth Rates
1Year 50.37%
3Years -51.00%
5Years -92.83%
7Years -42.00%
10Years 0.00%
-141 M OPERATING CASH FLOW
-584.93%
Growth Rates
1Year -584.93%
3Years -55.80%
5Years -89.36%
7Years -51.94%
10Years 0.00%
-178 M INVESTING CASH FLOW
-200.25%
Growth Rates
1Year -200.25%
3Years 6.05%
5Years -51.48%
7Years -43.57%
10Years 0.00%
294 M FINANCING CASH FLOW
235.08%
Growth Rates
1Year 235.08%
3Years -7.49%
5Years 74.94%
7Years 60.10%
10Years 0.00%
56.2 M REVENUE
25.22%
Growth Rates
1Year 31.78%
3Years 4.46%
5Years 42.85%
7Years 55.00%
10Years 0.00%
-16.4 M OPERATING INCOME
62.67%
Growth Rates
1Year -49.13%
3Years -57.14%
5Years -112.13%
7Years -47.98%
10Years 0.00%
14.7 M NET INCOME
140.21%
Growth Rates
1Year 50.37%
3Years -51.00%
5Years -92.83%
7Years -42.00%
10Years 0.00%
-155 M OPERATING CASH FLOW
-1018.26%
Growth Rates
1Year -584.93%
3Years -55.80%
5Years -89.36%
7Years -51.94%
10Years 0.00%
90.5 M INVESTING CASH FLOW
177.31%
Growth Rates
1Year -200.25%
3Years 6.05%
5Years -51.48%
7Years -43.57%
10Years 0.00%
50.8 M FINANCING CASH FLOW
-22.21%
Growth Rates
1Year 235.08%
3Years -7.49%
5Years 74.94%
7Years 60.10%
10Years 0.00%
Balance Sheet Bitfarms Ltd.
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Current Assets 214 M
Cash & Short-Term Investments 147 M
Receivables 8.97 M
Other Current Assets 57.9 M
Non-Current Assets 454 M
Long-Term Investments 0
PP&E 423 M
Other Non-Current Assets 30.5 M
21.99 %8.67 %63.42 %4.57 %Total Assets$667.6m
Current Liabilities 36.3 M
Accounts Payable 21.9 M
Short-Term Debt 2.24 M
Other Current Liabilities 12.1 M
Non-Current Liabilities 23.4 M
Long-Term Debt 21.2 M
Other Non-Current Liabilities 2.17 M
36.76 %3.75 %20.33 %35.52 %3.64 %Total Liabilities$59.6m
EFFICIENCY
Earnings Waterfall Bitfarms Ltd.
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Revenue 193 M
Cost Of Revenue 225 M
Gross Profit -32.4 M
Operating Expenses 75.2 M
Operating Income -108 M
Other Expenses -53.5 M
Net Income -54.1 M
200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)193m(225m)(32m)(75m)(108m)54m(54m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
-16.78% GROSS MARGIN
-16.78%
Averages
1Year -16.78%
3Years 547.42%
5Years 340.46%
7Years 250.18%
10Years 0.00%
-55.77% OPERATING MARGIN
-55.77%
Averages
1Year -55.77%
3Years 1094.48%
5Years 655.75%
7Years 461.92%
10Years 0.00%
-28.03% NET MARGIN
-28.03%
Averages
1Year -28.03%
3Years 916.50%
5Years 543.15%
7Years 384.94%
10Years 0.00%
-8.89% ROE
-8.89%
Averages
1Year -8.89%
3Years -46.46%
5Years -47.92%
7Years -41.82%
10Years 0.00%
-8.10% ROA
-8.10%
Averages
1Year -8.10%
3Years -35.51%
5Years -26.79%
7Years -23.67%
10Years 0.00%
-13.43% ROIC
-13.43%
Averages
1Year -13.43%
3Years -39.40%
5Years -27.16%
7Years -33.98%
10Years 0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Bitfarms Ltd.
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50m50m00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)(250m)(250m)(300m)(300m)(350m)(350m)(400m)(400m)(450m)(450m)(500m)(500m)2018201820192019202020202021202120222022202320232024202420252025
Net Income -54.1 M
Depreciation & Amortization 141 M
Capital Expenditures -340 M
Stock-Based Compensation 13.9 M
Change in Working Capital -9.22 M
Others -209 M
Free Cash Flow -480 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Bitfarms Ltd.
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Wall Street analysts predict an average 1-year price target for BITF of $4.11 , with forecasts ranging from a low of $2.3 to a high of $6 .
BITF Lowest Price Target Wall Street Target
2.3 USD 127.63%
BITF Average Price Target Wall Street Target
4.11 USD 306.77%
BITF Highest Price Target Wall Street Target
6 USD 493.82%
Price
Max Price Target
Min Price Target
Average Price Target
66554433221100Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership Bitfarms Ltd.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Bitfarms Schedules First Quarter 2025 Conference Call on May 14, 2025 TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, will report its first quarter 2025 financial results on Wednesday, May 14th before the market opens. Management will host a conference call on the same day at 8:00 am ET. All Q1 2025 materials will be available before the call and can be accessed on the ‘Financial Results' section of the Bitfarms investor site. globenewswire.com - 1 week ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF NEW YORK , May 6, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF). prnewswire.com - 2 weeks ago
Bitfarms Announces Participation in Upcoming Investor and Industry Conferences TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, today announced its participation in several upcoming investor and industry conferences. globenewswire.com - 2 weeks ago
Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd. NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Bitfarms Ltd. (NASDAQ: BITF) resulting from allegations that Bitfarms may have issued materially misleading business information to the investing public. globenewswire.com - 2 weeks ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Bitfarms Ltd. - BITF NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Bitfarms Ltd. (“Bitfarms” or the “Company”) (NASDAQ: BITF). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. globenewswire.com - 2 weeks ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF NEW YORK CITY, NY / ACCESS Newswire / May 3, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF). accessnewswire.com - 2 weeks ago
ROSEN, A LEADING LAW FIRM, Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF NEW YORK, NY / ACCESS Newswire / May 2, 2025 / WHY: New York, N.Y., May 2, 2025. accessnewswire.com - 2 weeks ago
Bitfarms Ltd. (BITF) Stock Drops Despite Market Gains: Important Facts to Note Bitfarms Ltd. (BITF) closed the most recent trading day at $1.02, moving -0.97% from the previous trading session. zacks.com - 2 weeks ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF NEW YORK CITY, NY / ACCESS Newswire / May 2, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF). accessnewswire.com - 2 weeks ago
Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd. NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Bitfarms Ltd. (NASDAQ: BITF) resulting from allegations that Bitfarms may have issued materially misleading business information to the investing public. globenewswire.com - 2 weeks ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF NEW YORK CITY, NY / ACCESS Newswire / May 1, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF). accessnewswire.com - 2 weeks ago
Bitfarms Provides April 2025 Production and Operations Update - New private debt facility with a division of Macquarie Group for up to $300 million to fund initial HPC project development at Panther Creek, validating the attractiveness of Bitfarms' potential HPC data center development pipeline- globenewswire.com - 2 weeks ago
8. Profile Summary

Bitfarms Ltd. BITF

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COUNTRY CA
INDUSTRY Financial - Capital Markets
MARKET CAP $ 512 M
Dividend Yield 0.00%
Description Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.
Contact 18 King Street East, Toronto, ON, M5C 1C4 https://www.bitfarms.com
IPO Date Aug. 16, 2019
Employees 170
Officers Mr. Jeffrey P. Lucas CPA Chief Financial Officer Mr. Philippe Fortier CPA Executive Vice President of Corporate Development Mr. Benjamin J. Gagnon Chief Executive Officer & Director Mr. Alexander B. Brammer Senior Vice President of Global Mining Operations Ms. Tracy H. Krumme SVice President, Head of IR & Corporate Communications Ms. Rachel R. Silverstein General Counsel of North America Mr. Craig Hibbard Senior Vice President of Infrastructure Mr. Liam Daniel Wilson Chief Operating Officer Mr. Marc-Andre Ammann C.A., CPA Senior Vice President of Finance & Accounting Ms. Andrea Keen Souza Senior Vice President of Human Resources