Bitmine Immersion Technologies, Inc. is a technology company focused on acquiring, holding, and actively managing ETH as its primary treasury reserve asset. The company is headquartered in Las Vegas, Nevada and currently employs 3 full-time employees. The company went IPO on 2021-05-26. The Company’s business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies, and general Bitcoin advisory to public companies. Its business integrates a digital asset treasury anchored in ETH with an operating platform historically focused on BTC mining and hosting. Through its legacy mining-as-a-service business, it provided turnkey infrastructure and management solutions for institutional clients seeking BTC mining exposure without direct operational obligations. The mining-as-a-services include hardware sales and deployment support; operations management, uptime maximization, and pool payout optimization; and financial reporting and compliance support.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
08/31/2024
08/31/2023
08/31/2022
08/31/2021
08/31/2020
Revenue
4
3
0
0
0
0
Revenue Growth (YoY)
300%
--
--
--
--
--
Cost of Revenue
3
2
0
0
--
--
Gross Profit
0
0
0
0
--
--
Selling, General & Admin
2
2
2
1
0
0
Research & Development
--
--
--
--
--
--
Operating Expenses
3
3
2
1
0
0
Other Non Operating Income (Expenses)
0
0
0
0
--
--
Pretax Income
-3
-3
-2
-2
0
0
Income Tax Expense
--
--
--
--
--
0
Net Income
-6
-3
-2
-2
0
0
Net Income Growth
100%
50%
0%
--
--
--
Shares Outstanding (Diluted)
1.98
2.49
2.45
2.15
0.48
0.12
Shares Change (YoY)
-20%
2%
14%
342%
306%
--
EPS (Diluted)
-3.3
-1.32
-1
-0.93
-0.31
0
EPS Growth
134%
32%
8%
200%
44,186%
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Free Cash Flow
0
0
-1
-7
0
0
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
0%
0%
0%
0%
--
--
Operating Margin
-50%
-66.66%
0%
0%
0%
0%
Profit Margin
-150%
-100%
0%
0%
0%
0%
Free Cash Flow Margin
0%
0%
0%
0%
0%
0%
EBITDA
-2
-2
-2
-1
--
--
EBITDA Margin
-50%
-66.66%
0%
0%
--
--
D&A For EBITDA
0
0
0
0
--
--
EBIT
-2
-2
-2
-1
0
0
EBIT Margin
-50%
-66.66%
0%
0%
0%
0%
Effective Tax Rate
--
--
--
--
--
0%
Follow-Up Questions
What are Bitmine Immersion Technologies Inc's key financial statements?
According to the latest financial statement (Form-10K), Bitmine Immersion Technologies Inc has a total asset of $7, Net loss of $-3
What are the key financial ratios for BMNR?
Bitmine Immersion Technologies Inc's Current ratio is 2.33, has a Net margin is -100, sales per share of $1.2.
How is Bitmine Immersion Technologies Inc's revenue broken down by segment or geography?
Bitmine Immersion Technologies Inc largest revenue segment is Self-mining, at a revenue of 3,030,910 in the most earnings release.For geography, United States is the primary market for Bitmine Immersion Technologies Inc, at a revenue of 3,310,348.
Is Bitmine Immersion Technologies Inc profitable?
no, according to the latest financial statements, Bitmine Immersion Technologies Inc has a net loss of $-3
Does Bitmine Immersion Technologies Inc have any liabilities?
yes, Bitmine Immersion Technologies Inc has liability of 3
How many outstanding shares for Bitmine Immersion Technologies Inc?
Bitmine Immersion Technologies Inc has a total outstanding shares of 2.49