Bitdeer Technologies Group Financials
This page shows Bitdeer Technologies Group (BTDR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Bitdeer Technologies Group's revenue declined 5.1% year-over-year, from $368.6M to $349.8M. This contraction results in a growth score of 25/100.
Bitdeer Technologies Group carries a low D/E ratio of 0.26, meaning only $0.26 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.
Bitdeer Technologies Group's current ratio of 0.86 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 12/100, which could limit financial flexibility.
Bitdeer Technologies Group generates a -216.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -17.0% the prior year.
Bitdeer Technologies Group passes 1 of 9 financial strength tests. No profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
Key Financial Metrics
Earnings & Revenue
Bitdeer Technologies Group generated $349.8M in revenue in fiscal year 2024. This represents a decrease of 5.1% from the prior year.
Bitdeer Technologies Group reported -$599.2M in net income in fiscal year 2024. This represents a decrease of 957.5% from the prior year.
Cash & Balance Sheet
Bitdeer Technologies Group held $476.3M in cash against $72.7M in long-term debt as of fiscal year 2024.
Bitdeer Technologies Group had 192M shares outstanding in fiscal year 2024. This represents an increase of 71.8% from the prior year.
Margins & Returns
Bitdeer Technologies Group's net profit margin was -171.3% in fiscal year 2024, showing the share of revenue converted to profit. This is down 155.9 percentage points from the prior year.
Bitdeer Technologies Group's ROE was -216.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 199.6 percentage points from the prior year.
Capital Allocation
Bitdeer Technologies Group spent $926K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 64.4% from the prior year.
Bitdeer Technologies Group invested $119.5M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 88.7% from the prior year.
BTDR Income Statement
| Metric | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A |
BTDR Balance Sheet
| Metric | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|---|---|
| Total Assets | $2.0B+31.0% | $1.6B+88.2% | $827.7M+29.5% | $639.4M-1.8% | $651.4M+0.7% | $647.0M |
| Current Assets | $1.1B+17.5% | $949.4M | N/A | $260.3M | N/A | N/A |
| Cash & Equivalents | $299.8M-37.1% | $476.3M+133.6% | $203.9M+40.9% | $144.7M-37.4% | $231.4M-37.8% | $372.1M |
| Inventory | $208.8M+221.8% | $64.9M | N/A | $346K | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $35.8M0.0% | $35.8M+147.9% | $14.5M | $0-100.0% | $322K+180.0% | $115K |
| Total Liabilities | $1.3B+4.1% | $1.3B+267.8% | $348.3M+13.5% | $306.8M-7.9% | $333.1M-7.2% | $358.9M |
| Current Liabilities | $1.1B-1.6% | $1.1B | N/A | $121.2M | N/A | N/A |
| Long-Term Debt | $84.7M+16.5% | $72.7M-2.0% | $74.1M+14.2% | $64.9M-0.8% | $65.5M+9.7% | $59.7M |
| Total Equity | $706.8M+155.5% | $276.6M-42.3% | $479.4M+44.2% | $332.6M+4.5% | $318.3M+10.5% | $288.1M |
| Retained Earnings | -$387.3M+40.3% | -$649.0M-868.8% | -$67.0M-34.4% | -$49.9M-832.8% | $6.8M-89.9% | $67.2M |
BTDR Cash Flow Statement
| Metric | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A |
BTDR Financial Ratios
| Metric | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 1.03+0.2 | 0.86 | N/A | 2.15 | N/A | N/A |
| Debt-to-Equity | 0.12-0.1 | 0.26+0.1 | 0.15-0.0 | 0.20-0.0 | 0.210.0 | 0.21 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.86), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Bitdeer Technologies Group's annual revenue?
Bitdeer Technologies Group (BTDR) reported $349.8M in total revenue for fiscal year 2024. This represents a -5.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Bitdeer Technologies Group's revenue growing?
Bitdeer Technologies Group (BTDR) revenue declined by 5.1% year-over-year, from $368.6M to $349.8M in fiscal year 2024.
Is Bitdeer Technologies Group profitable?
No, Bitdeer Technologies Group (BTDR) reported a net income of -$599.2M in fiscal year 2024, with a net profit margin of -171.3%.
How much debt does Bitdeer Technologies Group have?
As of fiscal year 2024, Bitdeer Technologies Group (BTDR) had $476.3M in cash and equivalents against $72.7M in long-term debt.
What is Bitdeer Technologies Group's net profit margin?
Bitdeer Technologies Group (BTDR) had a net profit margin of -171.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Bitdeer Technologies Group's return on equity (ROE)?
Bitdeer Technologies Group (BTDR) has a return on equity of -216.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What are Bitdeer Technologies Group's total assets?
Bitdeer Technologies Group (BTDR) had $1.6B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Bitdeer Technologies Group's capital expenditures?
Bitdeer Technologies Group (BTDR) invested $119.5M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Bitdeer Technologies Group's current ratio?
Bitdeer Technologies Group (BTDR) had a current ratio of 0.86 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Bitdeer Technologies Group's debt-to-equity ratio?
Bitdeer Technologies Group (BTDR) had a debt-to-equity ratio of 0.26 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Bitdeer Technologies Group's return on assets (ROA)?
Bitdeer Technologies Group (BTDR) had a return on assets of -38.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Bitdeer Technologies Group's Piotroski F-Score?
Bitdeer Technologies Group (BTDR) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
How financially healthy is Bitdeer Technologies Group?
Bitdeer Technologies Group (BTDR) scores 33 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.