Bitdeer (BTDR)
Mines Bitcoin, sells SEALMINER rigs, hosts miners, and builds GPU cloud and colocation capacity.
$13.07
After hours−0.04 (−0.27%)
At close$13.11(−0.27%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 87 | 115 | 120 | 99 | 62 | 69 | 70 | 156 | 170 | 225 | 189 | 229 |
| Cost of revenue | 66 | 88 | 85 | 75 | 59 | 64 | 74 | 143 | 129 | 214 | 228 | 237 |
| Gross profit | 21 | 27 | 34 | 24 | 3 | 5 | −4 | 13 | 41 | 11 | −39 | −9 |
| 26 | 23 | 34 | 40 | 56 | 53 | 94 | 38 | 34 | 89 | 67 | 93 | |
| Research & development | 9 | 8 | 21 | 8 | 25 | 23 | 59 | 21 | 39 | 35 | 20 | 36 |
| 19 | 19 | 17 | 18 | 18 | 20 | 17 | 22 | 21 | 31 | 27 | 37 | |
| Selling & marketing | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 1 | 2 | 3 | 2 |
| General & administrative | 17 | 17 | 15 | 16 | 16 | 18 | 15 | 20 | 20 | 29 | 25 | 34 |
| Other expenses | −2 | −4 | −4 | 14 | 13 | 11 | 19 | −5 | −27 | 23 | 19 | 21 |
| Operating income | −4 | 4 | 1 | −16 | −54 | −48 | −98 | −25 | 7 | −79 | −106 | −102 |
| 1 | 1 | 0 | 0 | 0 | −484 | 197 | −123 | −268 | 152 | −57 | −1 | |
| Interest income | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 10 | 9 | 14 | 29 | 36 | 30 | 0 |
| Other non-operating income | 1 | −9 | 2 | −15 | −15 | 494 | −202 | −401 | 238 | −355 | 27 | 1 |
| Income before tax | −3 | 5 | 1 | −16 | −54 | −533 | 99 | −148 | −261 | 73 | −163 | −102 |
| Income tax expense | −1 | 10 | 0 | 2 | −4 | −1 | −7 | 0 | 6 | 2 | −3 | −10 |
| Net income from continuing operations | −2 | −5 | 1 | −18 | −50 | −532 | 105 | −148 | −267 | 71 | −160 | −92 |
| Net income | −2 | −5 | 1 | −18 | −50 | −532 | 105 | −148 | −267 | 71 | −160 | −92 |
| EPS, basic | −$0.02 | −$0.05 | $0.01 | −$0.14 | −$0.35 | −$3.22 | $0.55 | −$0.76 | −$1.28 | $0.31 | −$0.68 | −$0.37 |
| EPS, diluted | −$0.02 | −$0.05 | $0.01 | −$0.14 | −$0.35 | −$3.22 | −$0.47 | −$0.76 | −$1.28 | −$0.73 | −$0.68 | −$0.37 |
| Weighted average shares, basic | 111 | 111 | 115 | 127 | 144 | 165 | 190 | 194 | 209 | 225 | 233 | 246 |
| Weighted average shares, diluted | 111 | 111 | 117 | 127 | 144 | 165 | 203 | 194 | 209 | 268 | 233 | 246 |
| EBITDA | −5 | 13 | −2 | 0 | −39 | −517 | 129 | 403 | −190 | 276 | −133 | 5 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 0 | 25 | 25 | 26 | 41 | 0 | 0 | 108 |
| EBIT | −5 | 13 | −2 | 0 | −39 | −543 | 104 | 376 | −232 | 276 | −133 | −102 |
