Bit Digital, Inc (DNJR) [Rocket]

Overview

Bit Digital, Inc (DNJR)

Recent News + Filings (All items)

Date Filed	Type	Description
08/23/2023	6-K/A	Form 6-K/A - Report of foreign issuer [Rules 13a-16 and 15d-16]: [Amend]
08/22/2023	RW	Form RW - Registration Withdrawal Request:
08/15/2023	6-K	Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
06/12/2023	6-K	Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
04/06/2023	6-K	Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
03/22/2023	6-K	Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
02/14/2023	SC 13G/A	ARMISTICE CAPITAL, LLC reports a 3.7% stake in Bit Digital, Inc.

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16
Revenues	96.1	21.1	2.0	1.9	7.0	3.7
Revenue growth	356.1%	956.8%	5.4%	-72.8%	87.6%
Cost of goods sold	30.7	14.1	2.0	1.9	0.0	0.0
Gross profit	65.3	7.0	0.0	0.0	7.0	3.7
Gross margin	68.0%	33.0%	0.0%	0.0%	100.0%	100.0%
Sales and marketing					3.9	1.4
Research and development					0.5	0.4
General and administrative	39.2	2.5	2.0	1.9	3.9	1.6
EBIT	22.1	1.1	-2.0	-1.9	-1.4	0.2
EBIT margin	23.0%	5.3%	-100.0%	-100.0%	-19.6%	5.9%
Pre-tax income	8.7	1.9	-2.0	-1.9	-1.3	0.2
Income taxes	3.9	3.8	7.7	1.6	-0.3	0.1
Tax rate	44.2%	199.3%			21.4%	25.0%
Earnings from continuing ops	4.9	1.9	-2.0	-1.9	-0.9	0.2
Earnings from discontinued ops		-3.8	-7.7	-1.6
Net income	4.9	-1.9	-9.7	-3.5	-0.9	0.2
Net margin	5.1%	-9.1%	-485.4%	-187.0%	-13.6%	4.3%

Diluted EPS	$0.08	$0.06	($0.13)	($0.13)	($0.14)	$6.19
Shares outstanding (diluted)	57.5	30.6	15.2	14.4	6.8	0.0

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.