Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
$1.125M
TTM
Current Assets
Q4 2023
Current Liabilities
Q4 2023
Current Ratio
140.42%
Q4 2023
Total Assets
Q4 2023
Total Liabilities
Q4 2023
Book Value
$17.33M
Q4 2023
Cash
Q4 2023
P/E
811.2
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $284.1M $198.2M $103.0M
YoY Change 43.34% 92.34%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $284.1M $198.2M $103.0M
Cost Of Revenue $271.4M $162.0M $94.01M
Gross Profit $12.71M $36.23M $9.029M
Gross Profit Margin 4.47% 18.28% 8.76%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $5.545M $4.688M $3.028M
YoY Change 18.29% 54.8%
% of Gross Profit 43.62% 12.94% 33.54%
Research & Development $1.741M $1.564M $469.9K
YoY Change 11.3% 232.89%
% of Gross Profit 13.7% 4.32% 5.2%
Depreciation & Amortization $24.50M $18.16M $2.860B
YoY Change 34.91% -99.37%
% of Gross Profit 192.72% 50.12% 31675.81%
Operating Expenses -$3.859M $32.33M $3.193M
YoY Change -111.93% 912.42%
Operating Profit $16.57M $3.901M $5.836M
YoY Change 324.8% -33.15%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense $5.536M $2.517M
YoY Change 119.92%
% of Operating Profit 33.4% 64.53%
Other Income/Expense, Net $587.0K $49.66K -$1.118K
YoY Change 1081.86% -4542.22%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income $12.68M $1.777M $5.970M
YoY Change 613.55% -70.24%
Income Tax $2.183M -$665.9K $1.043M
% Of Pretax Income 17.22% -37.48% 17.48%
Net Earnings $10.49M $2.443M $4.926M
YoY Change 329.64% -50.42%
Net Earnings / Revenue 3.69% 1.23% 4.78%
Basic Earnings Per Share $0.07 $0.02 $0.03
Diluted Earnings Per Share $0.07 $0.02 $0.03

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $215.1K $170.0K $80.00K
YoY Change 26.51% 112.5%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $21.90K $20.00K $80.00K
YoY Change 9.5% -75.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $237.0K $190.0K $150.0K
YoY Change 24.72% 26.67%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $34.11M $69.29M
YoY Change -50.78%
Other Assets
YoY Change
Total Long-Term Assets $34.11M $69.29M $0.00
YoY Change -50.78%
Total Assets $34.34M $69.48M $150.0K
YoY Change
Accounts Payable $324.9K $100.0K
YoY Change 224.85%
Accrued Expenses $463.2K $50.00K $20.00K
YoY Change 826.32% 150.0%
Deferred Revenue
YoY Change
Short-Term Debt $2.380M $0.00 $110.0K
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.330M $200.0K $130.0K
YoY Change 1565.2% 53.85%
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.588M $2.590M
YoY Change -0.1%
Total Long-Term Liabilities $2.588M $2.590M $0.00
YoY Change -0.1%
Total Liabilities $5.918M $2.790M $130.0K
YoY Change 112.11% 2046.15%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding 150.0M shares 149.4M shares 142.5M shares
Diluted Shares Outstanding 150.0M shares 149.4M shares 142.5M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $912.25 Million

About Bitfufu Inc.

BitFuFu Inc. is a crypto-mining industry engages in the provision of digital asset mining and cloud-mining services. The company employs 29 full-time employees The company went IPO on 2021-12-09. The firm offers a variety of stable and intelligent digital asset mining solutions, including one-stop cloud-mining services and miner hosting services to institutional customers and individual digital asset enthusiasts. The company also offers a secure, compliant, and transparent blockchain infrastructure. In addition, the Company has access to a fleet of advanced Bitcoin miners for efficient cloud-mining service to its customers and self-mining for its own account, allowing it to seamlessly adjust business strategies and reduce risk exposure. Leveraging its strategic collaboration with Bitmain Technologies, Ltd. (Bitmain), a cryptocurrency mining hardware manufacturer. The Company’s proprietary Aladdin system handles management and dispatching of hash calculations and has the capacity to simultaneously connect miners and to provide services that resolve critical mining problems.

Industry: Finance Services Peers: