Bitdeer Technologies Group income statement BTDR
In fiscal 2024, which ended Dec 31, 2024, Bitdeer Technologies Group reported revenue of $331.0 million, down 10.0% from the year before. It recorded a net loss of $599.2 million. The operating loss came to $589.7 million, an operating margin of -178.1%. Diluted earnings per share were -$4.36.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
|---|---|---|---|
| Revenue |
331
-10.0%
|
368
+11.4%
|
330
|
| Cost of revenue |
283
-2.5%
|
291
+16.3%
|
250
|
| Gross profit |
66
-14.7%
|
78
-6.5%
|
83
|
| Research and development |
77
+160.5%
|
30
-16.6%
|
35
|
| Selling, general and administrative |
72
-3.1%
|
75
-28.9%
|
105
|
| Operating income |
-590
-1028.6%
|
-52
+13.8%
|
-61
|
| Pretax income |
-602
-1080.3%
|
-51
+21.3%
|
-65
|
| Income tax |
-2
-143.0%
|
6
+229.2%
|
-4
|
| Net income |
-599
-957.5%
|
-57
+6.1%
|
-60
|
| Basic EPS |
-4.36
-754.9%
|
-0.51
+8.9%
|
-0.56
|
| Diluted EPS |
-4.36
-754.9%
|
-0.51
+8.9%
|
-0.56
|
| Weighted average shares, basic |
137
+24.4%
|
110
+1.7%
|
109
|
| Weighted average shares, diluted |
137
+24.4%
|
110
+1.7%
|
109
|
| Margins | |||
| Gross margin |
20.06%
|
21.16%
|
25.21%
|
| Operating margin |
-178.13%
|
-14.21%
|
-18.34%
|
| Pretax margin |
-181.74%
|
-13.86%
|
-19.61%
|
| Profit margin |
-181.00%
|
-15.40%
|
-18.28%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- BTDR (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Singapore
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1899123
Other Finance Services companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.