Bitfarms Ltd. (TSX:BITF)

Bitfarms Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	85.44	59.54	84.04	30.89	125.6	5.95
Cash & Short-Term Investments	85.44	59.54	84.04	30.89	125.6	5.95
Cash Growth	-38.36%	-29.15%	172.08%	-75.41%	2011.91%	175.45%
Accounts Receivable	3.94	1.26	0.71	0.7	1.04	1.1
Other Receivables	15.56	7.71	1.49	16.07	2.68	0.3
Receivables	19.5	8.97	2.21	16.77	3.72	1.4
Inventory	7.11	1.18	0.71	0.59	0.55	0.17
Prepaid Expenses	-	-	-	-	-	0.2
Other Current Assets	166.21	144.02	43.03	20.85	157.27	1.45
Total Current Assets	278.26	213.71	129.98	69.09	287.13	9.17
Property, Plant & Equipment	499.8	371.55	200.33	235.79	146.25	41.19
Goodwill	-	-	-	-	16.96	-
Other Intangible Assets	3.45	4.04	3.7	0.03	1.68	0.38
Long-Term Deferred Tax Assets	-	-	-	-	3.9	-
Other Long-Term Assets	42.94	78.32	44.71	38.19	86.68	0.97
Total Assets	827.95	667.62	378.73	343.1	542.59	51.7
Accounts Payable	35.71	21.92	9.08	12.9	9.87	2.06
Short-Term Debt	-	-	-	-	60	-
Current Portion of Long-Term Debt	0.58	0.15	4.02	43.05	10.26	17.17
Current Portion of Leases	3.41	2.09	2.86	3.65	4.35	3.63
Current Income Taxes Payable	-	-	1.11	-	12.09	0.32
Other Current Liabilities	49.77	12.12	52.09	7.81	4.61	5.31
Total Current Liabilities	89.47	36.27	69.15	67.41	101.18	28.48
Long-Term Debt	51	1.43	-	4.09	0.91	0.17
Long-Term Leases	19.92	19.75	12.99	14.22	9.23	7.4
Long-Term Deferred Tax Liabilities	0.07	0.07	-	-	8.45	-
Other Long-Term Liabilities	5.01	2.11	1.82	1.98	0.24	0.21
Total Liabilities	165.46	59.62	83.96	87.7	120.01	36.26
Common Stock	947.33	852.29	535.01	404.93	378.89	32
Additional Paid-In Capital	70.63	67.52	56.62	47.65	43.7	5.59
Retained Earnings	-383.99	-334.51	-299.81	-197.19	-0.02	-22.15
Comprehensive Income & Other	28.52	22.7	2.94	-	-	-
Total Common Equity	662.49	608	294.76	255.4	422.58	15.45
Shareholders' Equity	662.49	608	294.76	255.4	422.58	15.45
Total Liabilities & Equity	827.95	667.62	378.73	343.1	542.59	51.7
Total Debt	74.91	23.42	19.87	65.01	84.74	28.37
Net Cash (Debt)	10.53	36.13	64.17	-34.12	40.85	-22.42
Net Cash Growth	-91.42%	-43.70%	-	-	-	-
Net Cash Per Share	0.02	0.09	0.24	-0.16	0.24	-0.26
Filing Date Shares Outstanding	552.6	553.64	339.27	238.39	201.25	144.62
Total Common Shares Outstanding	557.55	479.33	334.15	224.2	194.81	88.94
Working Capital	188.79	177.44	60.83	1.68	185.95	-19.31
Book Value Per Share	1.19	1.27	0.88	1.14	2.17	0.17
Tangible Book Value	659.04	603.96	291.06	255.37	403.95	15.07
Tangible Book Value Per Share	1.18	1.26	0.87	1.14	2.07	0.17
Land	25.19	34.43	5.74	4.39	4.55	3.26
Machinery	528.5	427.2	356.07	309.29	157.19	53.12
Leasehold Improvements	64.7	59.83	50.73	45.28	5.78	2.71

Updated Dec 9, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.