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Bitdeer Technologies Group (BTDR) Financials

Bitdeer Technologies Group logo
$14.75 -0.84 (-5.39%)
Closing price 04:00 PM Eastern
Extended Trading
$15.17 +0.42 (+2.85%)
As of 07:59 PM Eastern
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Annual Income Statements for Bitdeer Technologies Group

Annual Income Statements for Bitdeer Technologies Group

This table shows Bitdeer Technologies Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Net Income / (Loss) Attributable to Common Shareholders		 -599 -57 -60 82
Consolidated Net Income / (Loss)		 -599 -57 -60 83
Net Income / (Loss) Continuing Operations		 -599 -57 -60 83
Total Pre-Tax Income 		-602 -51 -65 131
Total Operating Income		 -94 -51 -65 131
Total Gross Profit		 66 78 83 241
Total Revenue		 338 340 330 395
Operating Revenue		 338 337 329 395
Total Cost of Revenue		 283 291 250 153
Operating Cost of Revenue		 283 291 250 153
Total Operating Expenses		 149 100 144 113
Selling, General & Admin Expense		 72 75 105 98
Research & Development Expense		 77 30 35 30
Other Operating Expenses / (Income)		 -0.73 -3.79 3.63 -15
Total Other Income / (Expense), net		 -507 -0.03 -0.02 0.06
Other Income / (Expense), net		 -507 - - 2.48
Income Tax Expense		 -2.44 5.69 -4.40 48
Weighted Average Basic Shares Outstanding		 192.32M 111.97M 108.68M 108.68M
Weighted Average Diluted Shares Outstanding		 192.32M 110.49M 108.68M 111.24M
Weighted Average Basic & Diluted Shares Outstanding		 274.85M 110.49M 108.68M -

Quarterly Income Statements for Bitdeer Technologies Group

No quarterly income statements for Bitdeer Technologies Group are available.

Annual Cash Flow Statements for Bitdeer Technologies Group

This table details how cash moves in and out of Bitdeer Technologies Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Net Change in Cash & Equivalents		 359 -78 -138 328
Net Cash From Operating Activities		 -531 -17 53 389
Net Cash From Continuing Operating Activities		 -531 -17 53 389
Net Income / (Loss) Continuing Operations		 -599 -57 -60 83
Consolidated Net Income / (Loss)		 -599 -57 -60 83
Depreciation Expense		 81 76 66 63
Non-Cash Adjustments To Reconcile Net Income		 -505 -69 86 237
Changes in Operating Assets and Liabilities, net		 492 34 -39 6.78
Net Cash From Investing Activities		 -119 -63 134 -63
Net Cash From Continuing Investing Activities		 -119 -63 -117 -63
Purchase of Property, Plant & Equipment		 -119 -63 -63 -63
Sale of Property, Plant & Equipment		 0.30 0.07 0.96 -
Net Cash From Financing Activities		 844 2.49 -3.88 0.00
Net Cash From Continuing Financing Activities		 1,009 2.49 -3.88 0.00
Repayment of Debt		 -30 -7.00 -3.88 -
Issuance of Debt		 1,039 - 0.00 -
Cash Interest Paid		 7.43 2.61 - -
Cash Interest Received		 7.12 7.57 - 2.20
Cash Income Taxes Paid		 8.60 1.50 - -

Quarterly Cash Flow Statements for Bitdeer Technologies Group

No quarterly cash flow statements for Bitdeer Technologies Group are available.

Annual Balance Sheets for Bitdeer Technologies Group

This table presents Bitdeer Technologies Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Total Assets		 1,558 639 651
Total Current Assets		 949 172 261
Cash & Equivalents		 476 145 231
Restricted Cash		 17 9.54 11
Short-Term Investments		 4.54 - -
Accounts Receivable		 25 17 18
Inventories, net		 65 - -
Plant, Property, & Equipment, net		 251 155 139
Plant, Property & Equipment, gross		 251 - -
Total Noncurrent Assets		 225 99 101
Goodwill		 36 4.78 0.32
Intangible Assets		 83 - -
Noncurrent Deferred & Refundable Income Taxes		 6.22 0.99 4.86
Other Noncurrent Operating Assets		 100 93 96
Total Liabilities & Shareholders' Equity		 1,558 607 635
Total Liabilities		 1,281 307 333
Total Current Liabilities		 1,100 36 23
Short-Term Debt		 208 - -
Accounts Payable		 72 32 22
Other Taxes Payable		 2.73 - -
Other Current Liabilities		 817 3.37 0.66
Total Noncurrent Liabilities		 181 239 294
Long-Term Debt		 0.00 23 30
Capital Lease Obligations		 73 - -
Noncurrent Deferred & Payable Income Tax Liabilities		 17 1.62 12
Other Noncurrent Operating Liabilities		 92 70 70
Total Equity & Noncontrolling Interests		 277 333 318
Total Preferred & Common Equity		 277 333 318
Total Common Equity		 277 333 318
Common Stock		 0.00 0.00 0.00
Retained Earnings		 -649 -50 6.80
Treasury Stock		 -161 -2.60 0.00
Other Equity Adjustments		 1,087 385 312

Quarterly Balance Sheets for Bitdeer Technologies Group

No quarterly balance sheets for Bitdeer Technologies Group are available.

Annual Metrics And Ratios for Bitdeer Technologies Group

This table displays calculated financial ratios and metrics derived from Bitdeer Technologies Group's official financial filings.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Growth Metrics		 - - - -
Revenue Growth		 -0.70% 3.25% -16.51% 0.00%
EBITDA Growth		 -2,218.43% 1,381.91% -99.16% 0.00%
EBIT Growth		 -1,080.27% 21.30% -148.58% 0.00%
NOPAT Growth		 -84.64% 21.30% -154.88% 0.00%
Net Income Growth		 -957.52% 6.15% -173.04% 0.00%
EPS Growth		 0.00% 8.93% -174.67% 0.00%
Operating Cash Flow Growth		 -4,185.15% -131.61% -86.30% 0.00%
Free Cash Flow Firm Growth		 458.24% -430.30% 0.00% 0.00%
Invested Capital Growth		 -932.12% 165.19% 0.00% 0.00%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - -
Gross Margin		 19.65% 22.87% 25.26% 61.17%
EBITDA Margin		 -154.06% 7.22% 0.50% 49.76%
Operating Margin		 -27.86% -14.98% -19.65% 33.15%
EBIT Margin		 -178.07% -14.98% -19.65% 33.78%
Profit (Net Income) Margin		 -177.34% -16.65% -18.32% 20.94%
Tax Burden Percent		 99.59% 111.10% 93.17% 63.14%
Interest Burden Percent		 100.00% 100.05% 100.03% 98.18%
Effective Tax Rate		 0.00% 0.00% 0.00% 36.86%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 -196.71% -17.41% -18.96% 0.00%
Cash Return on Invested Capital (CROIC)		 0.00% -439.31% 0.00% 0.00%
Operating Return on Assets (OROA)		 -54.76% -7.90% -9.94% 0.00%
Return on Assets (ROA)		 -54.54% -8.78% -9.27% 0.00%
Return on Common Equity (ROCE)		 -196.71% -17.41% -18.96% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 -216.61% -17.04% -18.96% 0.00%
Net Operating Profit after Tax (NOPAT)		 -66 -36 -45 83
NOPAT Margin		 -19.50% -10.49% -13.76% 20.93%
Net Nonoperating Expense Percent (NNEP)		 -107.64% -6.35% -8.64% 0.00%
Return On Investment Capital (ROIC_SIMPLE)		 -11.82% - - -
Cost of Revenue to Revenue		 83.88% 85.46% 75.90% 38.83%
SG&A Expenses to Revenue		 21.42% 21.96% 31.91% 24.88%
R&D to Revenue		 22.78% 8.68% 10.75% 7.48%
Operating Expenses to Revenue		 43.98% 29.52% 43.76% 28.65%
Earnings before Interest and Taxes (EBIT)		 -602 -51 -65 133
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -520 25 1.66 196
Valuation Ratios		 - - - -
Price to Book Value (P/BV)		 8.77 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 15.40 0.00 0.00 0.00
Price to Revenue (P/Rev)		 7.18 0.00 0.00 0.00
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 6.54 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 5.26 0.00 0.00 0.00
Leverage & Solvency		 - - - -
Debt to Equity		 1.02 0.07 0.09 0.00
Long-Term Debt to Equity		 0.26 0.07 0.09 0.00
Financial Leverage		 -1.63 -1.02 -1.09 0.00
Leverage Ratio		 3.61 1.98 2.05 0.00
Compound Leverage Factor		 3.61 1.98 2.05 0.00
Debt to Total Capital		 50.38% 6.37% 8.56% 0.00%
Short-Term Debt to Total Capital		 37.34% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 13.04% 6.37% 8.56% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 49.62% 93.63% 91.44% 0.00%
Debt to EBITDA		 -0.54 0.92 17.98 0.00
Net Debt to EBITDA		 0.42 -5.36 -128.50 0.00
Long-Term Debt to EBITDA		 -0.14 0.92 17.98 0.00
Debt to NOPAT		 -4.26 -0.63 -0.66 0.00
Net Debt to NOPAT		 3.30 3.69 4.70 0.00
Long-Term Debt to NOPAT		 -1.10 -0.63 -0.66 0.00
Altman Z-Score		 -0.62 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - -
Current Ratio		 0.86 4.83 11.44 0.00
Quick Ratio		 0.46 4.56 10.93 0.00
Cash Flow Metrics		 - - - -
Free Cash Flow to Firm (FCFF)		 420 -84 -16 0.00
Operating Cash Flow to CapEx		 -445.74% -26.64% 85.61% 618.71%
Free Cash Flow to Firm to Interest Expense		 0.00 -3,242.64 -722.65 0.00
Operating Cash Flow to Interest Expense		 0.00 -647.85 2,422.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 -3,079.42 -407.00 0.00
Efficiency Ratios		 - - - -
Asset Turnover		 0.31 0.53 0.51 0.00
Accounts Receivable Turnover		 15.86 19.12 18.00 0.00
Inventory Turnover		 8.69 0.00 0.00 0.00
Fixed Asset Turnover		 1.66 2.32 2.38 0.00
Accounts Payable Turnover		 4.20 10.70 11.28 0.00
Days Sales Outstanding (DSO)		 23.01 19.09 20.27 0.00
Days Inventory Outstanding (DIO)		 42.01 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 86.98 34.10 32.37 0.00
Cash Conversion Cycle (CCC)		 -21.96 -15.01 -12.09 0.00
Capital & Investment Metrics		 - - - -
Invested Capital		 -434 19 -29 0.00
Invested Capital Turnover		 -1.77 -66.40 -22.39 0.00
Increase / (Decrease) in Invested Capital		 -486 49 -29 0.00
Enterprise Value (EV)		 2,209 0.00 0.00 0.00
Market Capitalization		 2,426 0.00 0.00 0.00
Book Value per Share		 $2.47 $2.97 $2.93 $0.00
Tangible Book Value per Share		 $1.41 $2.93 $2.93 $0.00
Total Capital		 557 355 348 0.00
Total Debt		 281 23 30 0.00
Total Long-Term Debt		 73 23 30 0.00
Net Debt		 -217 -132 -213 0.00
Capital Expenditures (CapEx)		 119 63 62 63
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -441 -18 -4.53 0.00
Debt-free Net Working Capital (DFNWC)		 57 136 238 0.00
Net Working Capital (NWC)		 -151 136 238 0.00
Net Nonoperating Expense (NNE)		 533 21 15 -0.04
Net Nonoperating Obligations (NNO)		 -710 -313 -348 0.00
Total Depreciation and Amortization (D&A)		 81 76 66 63
Debt-free, Cash-free Net Working Capital to Revenue		 -130.45% -5.36% -1.37% 0.00%
Debt-free Net Working Capital to Revenue		 17.01% 39.98% 72.33% 0.00%
Net Working Capital to Revenue		 -44.60% 39.98% 72.33% 0.00%
Earnings Adjustments		 - - - -
Adjusted Basic Earnings per Share		 $0.00 ($0.51) $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 192.32M 111.97M 0.00 0.00
Adjusted Diluted Earnings per Share		 $0.00 ($0.51) $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 192.32M 110.49M 0.00 0.00
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 274.85M 110.49M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)		 -66 -36 -45 83
Normalized NOPAT Margin		 -19.50% -10.49% -13.76% 20.93%
Pre Tax Income Margin		 -178.07% -14.99% -19.66% 33.16%
Debt Service Ratios		 - - - -
EBIT to Interest Expense		 0.00 -1,960.42 -2,943.91 0.00
NOPAT to Interest Expense		 0.00 -1,372.30 -2,060.74 0.00
EBIT Less CapEx to Interest Expense		 0.00 -4,392.00 -5,772.91 0.00
NOPAT Less CapEx to Interest Expense		 0.00 -3,803.87 -4,889.74 0.00
Payout Ratios		 - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Bitdeer Technologies Group

No quarterly metrics and ratios for Bitdeer Technologies Group are available.

Frequently Asked Questions About Bitdeer Technologies Group's Financials

When does Bitdeer Technologies Group's financial year end?

According to the most recent income statement we have on file, Bitdeer Technologies Group's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Bitdeer Technologies Group's net income changed over the last 3 years?

Bitdeer Technologies Group's net income appears to be on an upward trend, with a most recent value of -$599.15 million in 2024, falling from $82.64 million in 2021. The previous period was -$56.66 million in 2023. Check out Bitdeer Technologies Group's forecast to explore projected trends and price targets.

What is Bitdeer Technologies Group's operating income?
Bitdeer Technologies Group's total operating income in 2024 was -$94.12 million, based on the following breakdown:
  • Total Gross Profit: $66.40 million
  • Total Operating Expenses: $148.58 million
How has Bitdeer Technologies Group revenue changed over the last 3 years?

Over the last 3 years, Bitdeer Technologies Group's total revenue changed from $394.66 million in 2021 to $337.85 million in 2024, a change of -14.4%.

How much debt does Bitdeer Technologies Group have?

Bitdeer Technologies Group's total liabilities were at $1.28 billion at the end of 2024, a 317.6% increase from 2023, and a 284.7% increase since 2022.

How much cash does Bitdeer Technologies Group have?

In the past 2 years, Bitdeer Technologies Group's cash and equivalents has ranged from $144.73 million in 2023 to $476.27 million in 2024, and is currently $476.27 million as of their latest financial filing in 2024.

How has Bitdeer Technologies Group's book value per share changed over the last 3 years?

Over the last 3 years, Bitdeer Technologies Group's book value per share changed from 0.00 in 2021 to 2.47 in 2024, a change of 247.0%.


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This page (NASDAQ:BTDR) was last updated on 5/21/2025 by MarketBeat.com Staff
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