Similar companies
Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 156M | 121.9% |
| Gross Profit | 13M | 497.5% |
| Cost of Revenue | 143M | 94.6% |
| Operating expense | 181M | 143.2% |
| Net Income | -148M | 136.1% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 2.04B | 27.7% |
| Total Liabilities | 1.33B | 66% |
| Total Equity | 707M | 11.1% |
| Shares Outstanding | 197M | 13.9% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | -335M | 17.9% |
| Cash from financing | 431M | 354.9% |
EPS
Financial Highlights for Bitdeer in Q2 '25
Bitdeer reported a revenue of 156M, which is a 121.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 13M, marking a 497.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 143M, a 94.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 181M, showing a 143.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -148M, showing a -136.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
Bitdeer faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
