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BitMine Immersion Technologies (BitMine Immersion Technologies) Revenue : $1.79 Mil (TTM As of Feb. 2024)


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What is BitMine Immersion Technologies Revenue?

BitMine Immersion Technologies's revenue for the three months ended in Feb. 2024 was $0.89 Mil. Its revenue for the trailing twelve months (TTM) ended in Feb. 2024 was $1.79 Mil. BitMine Immersion Technologies's Revenue per Share for the three months ended in Feb. 2024 was $0.02. Its Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 was $0.04.

During the past 12 months, the average Revenue per Share Growth Rate of BitMine Immersion Technologies was 500.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.


BitMine Immersion Technologies Revenue Historical Data

The historical data trend for BitMine Immersion Technologies's Revenue 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.

BitMine Immersion Technologies Revenue Chart

BitMine Immersion Technologies Annual Data
Trend Aug22 Aug23
Revenue
0.43 0.65

BitMine Immersion Technologies Quarterly Data
Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Revenue Get a 7-Day Free Trial Premium Member Only 0.16 0.14 0.25 0.51 0.89

Competitive Comparison of BitMine Immersion Technologies's Revenue

For the Capital Markets subindustry, BitMine Immersion Technologies's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the Capital Markets Industry

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

* The bar in red indicates where BitMine Immersion Technologies's Revenue falls into.



BitMine Immersion Technologies Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.79 Mil.

* 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.


BitMine Immersion Technologies  (OTCPK:BMNR) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


BitMine Immersion Technologies Revenue Related Terms

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BitMine Immersion Technologies (BitMine Immersion Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2030 Powers Ferry Road SE, Suite No. 212, Atlanta, GA, USA, 30339
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.

BitMine Immersion Technologies (BitMine Immersion Technologies) Headlines

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