Bitdeer Technologies Group | Mid-cap | Technology
$12.61
-2.55%
| Bitdeer Technologies Stock Comparison:
Bitdeer Technologies vs SalesforceBitdeer Technologies vs IntuitBitdeer Technologies vs Procore TechnologiesBitdeer Technologies vs Paylocity HoldingBitdeer Technologies vs AppfolioBitdeer Technologies vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 70.1M
Gross Profit -3.2M -4.60%
Operating Income -86.8M -123.79%
Net Income 409.5M 583.89%
EPS (Diluted) $-0.37

Balance Sheet Metrics

Total Assets 1.6B
Total Liabilities 804.0M
Shareholders Equity 794.6M
Debt to Equity 1.01

Cash Flow Metrics

Operating Cash Flow -280.9M
Free Cash Flow -351.6M

Revenue & Profitability Trend

Bitdeer Technologies Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i349.8M368.6M333.3M394.7M186.4M
Cost of Goods Sold i283.4M290.7M250.1M153.3M209.6M
Gross Profit i66.4M77.8M83.3M241.4M-23.2M
Gross Margin % i19.0%21.1%25.0%61.2%-12.4%
Operating Expenses
Research & Development i76.9M29.5M35.4M29.5M9.8M
Selling, General & Administrative i72.4M74.7M105.1M98.2M25.8M
Other Operating Expenses i6.5M29.8M-42.0K3.6M-555.0K
Total Operating Expenses i155.8M134.0M140.5M131.3M35.1M
Operating Income i-89.4M-56.2M-57.3M110.1M-58.2M
Operating Margin % i-25.6%-15.3%-17.2%27.9%-31.3%
Non-Operating Items
Interest Income i7.9M8.0M4.3M2.9M419.0K
Interest Expense i17.9M5.1M5.2M2.4M823.0K
Other Non-Operating Income-501.9M3.0M-6.2M20.5M-4.5M
Pre-tax Income i-601.6M-51.0M-64.8M130.9M-63.8M
Income Tax i-2.4M5.7M-4.4M48.2M-8.0M
Effective Tax Rate % i0.0%0.0%0.0%36.9%0.0%
Net Income i-599.2M-56.7M-60.4M82.6M-55.8M
Net Margin % i-171.3%-15.4%-18.1%20.9%-30.0%
Key Metrics
EBITDA i-587.0K26.2M13.3M179.4M52.9M
EPS (Basic) i-$-0.51$-0.54$0.74$-0.50
EPS (Diluted) i-$-0.51$-0.54$0.74$-0.50
Basic Shares Outstanding i-110494000111288605111288605111288605
Diluted Shares Outstanding i-110494000111288605111288605111288605

Income Statement Trend

Bitdeer Technologies Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i476.3M144.7M231.4M372.1M44.8M
Short-term Investments i82.1M----
Accounts Receivable i9.6M17.5M18.4M8.7M2.0M
Inventory i64.9M----
Other Current Assets291.9M----
Total Current Assets i949.4M264.7M319.6M424.2M677.5M
Non-Current Assets
Property, Plant & Equipment i229.9M26.9M19.1M8.9M4.0M
Goodwill i154.9M4.8M322.0K115.0K9.6M
Intangible Assets i83.2M-322.0K115.0K9.6M
Long-term Investments-----
Other Non-Current Assets32.7M20.8M8.6M13.4M31.0M
Total Non-Current Assets i608.4M374.7M331.8M222.8M175.8M
Total Assets i1.6B639.4M651.4M647.0M853.3M
Liabilities
Current Liabilities
Accounts Payable i31.5M32.5M15.8M17.7M3.1M
Short-term Debt i213.6M----
Current Portion of Long-term Debt-----
Other Current Liabilities763.9M----
Total Current Liabilities i1.1B212.4M221.2M258.9M684.6M
Non-Current Liabilities
Long-term Debt i72.7M92.8M100.2M92.4M22.8M
Deferred Tax Liabilities i16.6M1.6M11.6M7.5M0
Other Non-Current Liabilities-----
Total Non-Current Liabilities i181.1M94.4M111.9M100.0M22.8M
Total Liabilities i1.3B306.8M333.1M358.9M707.4M
Equity
Common Stock i0001.0K145.9M
Retained Earnings i-649.0M-49.9M6.8M67.2M0
Treasury Stock i160.9M2.6M0--
Other Equity-----
Total Shareholders Equity i276.6M332.6M318.3M288.1M145.9M
Key Metrics
Total Debt i286.3M92.8M100.2M92.4M22.8M
Working Capital i-150.7M52.3M98.3M165.3M-7.1M

Balance Sheet Composition

Bitdeer Technologies Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-599.2M-56.7M-60.4M82.6M-55.8M
Depreciation & Amortization i81.1M75.5M66.4M63.1M112.0M
Stock-Based Compensation i34.0M45.5M90.6M88.4M0
Working Capital Changes i-90.9M19.4M-20.4M8.6M13.2M
Operating Cash Flow i-888.7M-222.5M-232.1M-47.7M-108.4M
Investing Activities
Capital Expenditures i-126.9M-126.2M-62.2M-88.6M-143.7M
Acquisitions i-6.1M0-16.8M-14.9M0
Investment Purchases i-2.8M-4.4M-61.6M00
Investment Sales i031.1M1.2M00
Investing Cash Flow i112.7M-99.3M-141.2M-113.9M-110.3M
Financing Activities
Share Repurchases i-617.0K-2.6M00-
Dividends Paid i-----
Debt Issuance i554.2M0030.0M10.1M
Debt Repayment i-24.7M-12.2M-3.9M-33.5M-4.5M
Financing Cash Flow i839.1M-13.9M-3.9M-14.4M30.8M
Free Cash Flow i-749.3M-398.1M-617.2M-202.0M-253.1M
Net Change in Cash i63.1M-335.7M-377.2M-176.1M-187.9M

Cash Flow Trend

Bitdeer Technologies Key Financial Ratios

Valuation Ratios

Forward P/E 49.52
Price to Book 3.44
Price to Sales 9.40
PEG Ratio 49.52

Profitability Ratios

Profit Margin -63.34%
Operating Margin 593.54%
Return on Equity -32.09%
Return on Assets -9.15%

Financial Health

Current Ratio 1.37
Debt to Equity 37.90
Beta 2.23

Per Share Data

EPS (TTM) $-4.74
Book Value per Share $4.18
Revenue per Share $1.92

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
btdr2.8B-3.44-32.09%-63.34%37.90
Salesforce 231.8B37.883.8310.31%16.08%19.81
Intuit 200.1B58.509.9517.84%19.07%0.35
Procore Technologies 9.9B-89.098.15-11.54%-11.58%5.94
Paylocity Holding 9.8B44.297.9920.04%14.24%14.09
Appfolio 9.7B48.7221.2449.12%23.54%8.70

Financial data is updated regularly. All figures are in the company's reporting currency.