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Bit Origin (Bit Origin) Net Margin % : -244.39% (As of Dec. 2023)


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What is Bit Origin Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Bit Origin's Net Income for the six months ended in Dec. 2023 was $-7.06 Mil. Bit Origin's Revenue for the six months ended in Dec. 2023 was $2.89 Mil. Therefore, Bit Origin's net margin for the quarter that ended in Dec. 2023 was -244.39%.

The historical rank and industry rank for Bit Origin's Net Margin % or its related term are showing as below:

BTOG' s Net Margin % Range Over the Past 10 Years
Min: -450.66   Med: 3.88   Max: 1686.98
Current: -441.17


BTOG's Net Margin % is ranked worse than
96.14% of 778 companies
in the Capital Markets industry
Industry Median: 13.64 vs BTOG: -441.17

Bit Origin Net Margin % Historical Data

The historical data trend for Bit Origin's Net 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.

* Premium members only.

Bit Origin Net Margin % Chart

Bit Origin Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial - - - 1,686.98 -450.66

Bit Origin Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 14,057.29 -194.32 -576.48 -244.39

Competitive Comparison of Bit Origin's Net Margin %

For the Capital Markets subindustry, Bit Origin's Net Margin %, along with its competitors' market caps and Net 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.


Bit Origin's Net Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bit Origin's Net Margin % distribution charts can be found below:

* The bar in red indicates where Bit Origin's Net Margin % falls into.



Bit Origin Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Bit Origin's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-28.216/6.261
=-450.66 %

Bit Origin's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-7.058/2.888
=-244.39 %

* 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.


Bit Origin  (NAS:BTOG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Bit Origin Net Margin % Related Terms

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Bit Origin (Bit Origin) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Church Street, 27 Floor, Samsung Hub, Singapore, SGP, 049483
Bit Origin Ltd is seeking opportunities in deploying new technologies, crypto asset mining and blockchain technologies in Singapore. The company has focused on building the Bitcoin mining ecosystem through incubations, strategic investments, and acquisitions.