BitMine Immersion Technologies (BitMine Immersion Technologies) EBITDA Margin % : -68.72% (As of Feb. 2024)

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What is BitMine Immersion Technologies EBITDA Margin %?

EBITDA Margin % is calculated as EBITDA divided by its Revenue. BitMine Immersion Technologies's EBITDA for the three months ended in Feb. 2024 was $-0.61 Mil. BitMine Immersion Technologies's Revenue for the three months ended in Feb. 2024 was $0.89 Mil. Therefore, BitMine Immersion Technologies's EBITDA margin for the quarter that ended in Feb. 2024 was -68.72%.

BitMine Immersion Technologies EBITDA Margin % Historical Data

The historical data trend for BitMine Immersion Technologies's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BitMine Immersion Technologies EBITDA Margin % Chart

BitMine Immersion Technologies Annual Data

Trend

Aug22

Aug23

EBITDA Margin %

-399.77

-294.11

BitMine Immersion Technologies Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
EBITDA Margin %	Get a 7-Day Free Trial				-126.28	-245.07	-385.71	-118.98	-68.72

Competitive Comparison of BitMine Immersion Technologies's EBITDA Margin %

For the Capital Markets subindustry, BitMine Immersion Technologies's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BitMine Immersion Technologies's EBITDA Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BitMine Immersion Technologies's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where BitMine Immersion Technologies's EBITDA Margin % falls into.

BitMine Immersion Technologies EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

BitMine Immersion Technologies's EBITDA Margin % for the fiscal year that ended in Aug. 2023 is calculated as

EBITDA Margin %	=	EBITDA (A: Aug. 2023 )	/	Revenue (A: Aug. 2023 )
	=	-1.897	/	0.645
	=	-294.11 %

BitMine Immersion Technologies's EBITDA Margin % for the quarter that ended in Feb. 2024 is calculated as

EBITDA Margin %	=	EBITDA (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	-0.613	/	0.892
	=	-68.72 %

BitMine Immersion Technologies (OTCPK:BMNR) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.

BitMine Immersion Technologies EBITDA Margin % Related Terms

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BitMine Immersion Technologies (BitMine Immersion Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitMine Immersion Technologies Inc (OTCPK:BMNR) » Definitions » EBITDA Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2030 Powers Ferry Road SE, Suite No. 212, Atlanta, GA, USA, 30339

Website

https://www.bitminetech.io

BitMine Immersion Technologies Inc is a blockchain technology company that is building out industrial-scale digital asset mining, equipment sales, and hosting operations. The company's primary business is data center focused, both mining Bitcoin for its own account as well as hosting third-party Bitcoin mining servers.