Bit Net Income from 2010 to 2024

BTOG Stock  USD 1.63  2.45  60.05%   
Bit Origin's Net Loss is decreasing over the last several years with slightly volatile swings. Net Loss is estimated to finish at about -24.1 M this year. During the period from 2010 to 2024 Bit Origin Net Loss regressed destribution of quarterly values had mean deviationof  9,668,216 and mean square error of 69 T. View All Fundamentals
 
Net Loss  
First Reported
2010-12-31
Previous Quarter
-25.4 M
Current Value
-24.1 M
Quarterly Volatility
11.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bit Origin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bit Origin's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.5 M, Interest Expense of 194.4 K or Selling General Administrative of 2.9 M, as well as many indicators such as Price To Sales Ratio of 0.92, Dividend Yield of 0.0 or PTB Ratio of 1.4. Bit financial statements analysis is a perfect complement when working with Bit Origin Valuation or Volatility modules.
  
Check out the analysis of Bit Origin Correlation against competitors.
For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.

Latest Bit Origin's Net Income Growth Pattern

Below is the plot of the Net Income of Bit Origin over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Bit Origin financial statement analysis. It represents the amount of money remaining after all of Bit Origin operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Bit Origin's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bit Origin's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (28.22 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Bit Net Income Regression Statistics

Arithmetic Mean(4,380,541)
Coefficient Of Variation(270.91)
Mean Deviation9,668,216
Median2,183,833
Standard Deviation11,867,174
Sample Variance140.8T
Range32.6M
R-Value(0.74)
Mean Square Error69T
R-Squared0.55
Significance0
Slope(1,959,007)
Total Sum of Squares1971.6T

Bit Net Income History

2024-24.1 M
2023-25.4 M
2022-28.2 M
20213.2 M
2020-12.3 M
2019-2.6 M
20184.4 M

Other Fundumenentals of Bit Origin

Bit Origin Net Income component correlations

About Bit Origin Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Bit Origin income statement, its balance sheet, and the statement of cash flows. Bit Origin investors use historical funamental indicators, such as Bit Origin's Net Income, to determine how well the company is positioned to perform in the future. Although Bit Origin investors may use each financial statement separately, they are all related. The changes in Bit Origin's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bit Origin's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Bit Origin Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Bit Origin. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-25.4 M-24.1 M
Net Loss-25.4 M-24.1 M
Net Income Applicable To Common Shares2.9 M3.1 M
Net Loss(9.78)(9.29)
Net Loss(0.70)(0.66)

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Additional Information and Resources on Investing in Bit Stock

When determining whether Bit Origin is a strong investment it is important to analyze Bit Origin's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bit Origin's future performance. For an informed investment choice regarding Bit Stock, refer to the following important reports:
Check out the analysis of Bit Origin Correlation against competitors.
For more detail on how to invest in Bit Stock please use our How to Invest in Bit Origin guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bit Origin. If investors know Bit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bit Origin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(9.28)
Revenue Per Share
2.052
Quarterly Revenue Growth
0.402
Return On Assets
(0.35)
Return On Equity
(1.46)
The market value of Bit Origin is measured differently than its book value, which is the value of Bit that is recorded on the company's balance sheet. Investors also form their own opinion of Bit Origin's value that differs from its market value or its book value, called intrinsic value, which is Bit Origin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bit Origin's market value can be influenced by many factors that don't directly affect Bit Origin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bit Origin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bit Origin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bit Origin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.