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Income Statement (NONE)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 69M | 11.3% |
| Gross Profit | 5.1M | 84.4% |
| Cost of Revenue | 64M | 7.9% |
| Operating expense | 526M | 833.3% |
| Net Income | -532M | 961.8% |
| EBITDA | -496M | 1174.2% |
Balance Sheet (NONE)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 1.56B | 48.9% |
| Total Liabilities | 1.28B | 143.7% |
| Total Equity | 277M | 46.9% |
| Shares Outstanding | 165M | 15.1% |
Cash Flow (NONE)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | -325M | 258.3% |
| Cash from financing | 523M | 211.1% |
EPS
Financial Highlights for Bitdeer in Q4 '24
Bitdeer reported a revenue of 69M, which is a 11.3% 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 5.1M, marking a 84.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 64M, a 7.9% 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 526M, showing a 833.3% 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 -532M, showing a -961.8% 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.
The company's EBITDA for the quarter was -496M, showing a -1174.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
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. A decline in EBITDA signals potential operational challenges or increased costs.
