Bitdeer Technologies Group Financial Statements
NASDAQ: BTDRFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Bitdeer Technologies Group revenue and earnings
In fiscal 2024, Bitdeer Technologies Group generated $349.8 million in revenue, down 5.1% from fiscal 2023, its first annual decline since 2022. Bitdeer Technologies Group reported a net loss of $599.2 million, compared with a loss of $56.7 million a year earlier. Gross margin was 19.0% (down from 21.1%) and operating margin -168.6%.
Diluted earnings per share came in at -$4.36. Over the last 4 fiscal years, BTDR's revenue has grown at a 17.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Bitdeer Technologies Group income statement (annual)
| Fiscal year (USD) | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 |
|---|---|---|---|---|---|
| Revenue | 349.78M | 368.55M | 333.34M | 394.66M | 186.39M |
| Revenue growth (YoY) | -5.09% | +10.56% | -15.54% | +111.74% | — |
| Cost of Revenue | 283.38M | 290.75M | 250.09M | 153.25M | 209.56M |
| Gross Profit | 66.40M | 77.81M | 83.25M | 241.41M | -23.18M |
| Operating Expenses | 656.06M | 130.06M | 143.84M | 110.58M | 40.23M |
| Research & Development | 76.95M | 29.53M | 35.43M | 29.50M | 9.79M |
| Operating Income | -589.66M | -52.25M | -60.59M | 130.83M | -63.41M |
| Other Income (Expense) | -507.48M | 3.54M | 357.00K | 2.48M | -2.56M |
| Pretax Income | -601.59M | -50.97M | -64.77M | 130.89M | -63.79M |
| Income Tax | -2.44M | 5.68M | -4.40M | 48.25M | -7.96M |
| Net Income | -599.15M | -56.66M | -60.37M | 82.64M | -55.83M |
| Net Income growth (YoY) | — | — | -173.04% | — | — |
| EPS (Basic) | -4.36 | -0.51 | -0.56 | 0.76 | 0.00 |
| EPS (Diluted) | -4.36 | -0.51 | -0.56 | 0.75 | 0.00 |
| Shares Outstanding (Basic) | 137.43M | 110.49M | 108.68M | 108.68M | 12.66B |
| Shares Outstanding (Diluted) | 137.43M | 110.49M | 108.68M | 111.24M | 12.66B |
| EBITDA | -508.56M | 23.29M | 5.84M | 193.88M | 48.63M |
| Gross Margin | 18.98% | 21.11% | 24.97% | 61.17% | -12.43% |
| Operating Margin | -168.58% | -14.18% | -18.18% | 33.15% | -34.02% |
| Net Margin | -171.29% | -15.37% | -18.11% | 20.94% | -29.95% |
This table shows 5 annual periods of Bitdeer Technologies Group's income statement, from FY 2024 back to FY 2020, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow BTDR's reporting calendar. What is a income statement?