BitFuFu Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	382.94	463.33	284.11	198.2	103.04	1.23
Revenue Growth (YoY)	-9.62%	63.08%	43.34%	92.34%	8297.19%	-
Cost of Revenue	340.63	408.92	246.94	143.83	94.01	1.09
Gross Profit	42.31	54.41	37.17	54.37	9.03	0.14
Selling, General & Admin	33.64	32.73	5.55	4.69	3.03	0.58
Research & Development	5.62	5.6	1.74	1.56	0.47	0.69
Operating Expenses	65.21	63.02	31.84	24.99	3.5	1.27
Operating Income	-22.9	-8.61	5.33	29.37	5.53	-1.13
Interest Expense	-7.56	-6.33	-5.54	-2.52	-	-
Interest & Investment Income	2.26	2.04	1.06	0.34	0.14	-
Other Non Operating Income (Expenses)	86.77	82.61	11.83	-13.57	0.37	0.03
EBT Excluding Unusual Items	58.58	69.71	12.68	13.63	6.03	-1.11
Gain (Loss) on Sale of Assets	-	-	-	-	-0.06	-
Asset Writedown	-8.08	-8.08	-	-11.85	-	-
Pretax Income	50.5	61.63	12.68	1.78	5.97	-1.11
Income Tax Expense	2.85	7.67	2.18	-0.67	1.04	-
Net Income	47.58	53.96	10.5	2.44	4.93	-1.11
Net Income to Common	47.58	53.96	10.5	2.44	4.93	-1.11
Net Income Growth	21.03%	414.18%	329.77%	-50.43%	-	-
Shares Outstanding (Basic)	163	161	150	149	143	158
Shares Outstanding (Diluted)	170	166	150	149	143	158
Shares Change (YoY)	9.86%	10.33%	0.41%	4.83%	-9.75%	-
EPS (Basic)	0.29	0.34	0.07	0.02	0.03	-
EPS (Diluted)	0.28	0.33	0.07	0.02	0.03	-
EPS Growth	11.76%	371.66%	328.00%	-52.71%	-	-
Free Cash Flow	-	-219.91	-196.04	-11.3	15.87	-
Free Cash Flow Per Share	-	-1.33	-1.31	-0.08	0.11	-
Gross Margin	11.05%	11.74%	13.08%	27.43%	8.76%	11.39%
Operating Margin	-5.98%	-1.86%	1.88%	14.82%	5.37%	-92.22%
Profit Margin	12.42%	11.65%	3.69%	1.23%	4.78%	-90.13%
Free Cash Flow Margin	-	-47.46%	-69.00%	-5.70%	15.40%	-
EBITDA	1.98	16.12	29.83	47.53	5.53	-
EBITDA Margin	0.52%	3.48%	10.50%	23.98%	5.37%	-
D&A For EBITDA	24.88	24.73	24.5	18.16	0	-
EBIT	-22.9	-8.61	5.33	29.37	5.53	-1.13
EBIT Margin	-5.98%	-1.86%	1.88%	14.82%	5.37%	-92.22%
Effective Tax Rate	5.64%	12.44%	17.22%	-	17.48%	-

Updated Jun 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q