Earnings Summary

Bit Mining Ltd’s revenue fell -20.59% since last year same period to $77.02Mn in the Q3 2023. On a quarterly growth basis, Bit Mining Ltd has generated 3.99% jump in its revenue since last 3-months.

Bit Mining Ltd’s net profit jumped 59.98% since last year same period to $-4.36Mn in the Q3 2023. On a quarterly growth basis, Bit Mining Ltd has generated -366.7% fall in its net profits since last 3-months.

Bit Mining Ltd’s net profit margin jumped 49.61% since last year same period to -5.66% in the Q3 2023. On a quarterly growth basis, Bit Mining Ltd has generated -348.81% fall in its net profit margins since last 3-months.

Bit Mining Ltd’s earning per share (EPS) estimates for the current year stand at -0.07.

Bit Mining Ltd’s earning per share (EPS) jumped 33.33% since last year same period to -0.02 in the Q3 2023. This indicates that the Bit Mining Ltd has generated 33.33% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Bit Mining Ltd’s return on assets (ROA) stands at -0.17.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Bit Mining Ltd’s return on equity (ROE) stands at -1.23.