NYSE : BMNR
Bitmine Immersion Technologies, Inc. — Financial statements
Financials · Capital Markets · United States
Last price 20.18 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 12.17B
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Financial statements
Bitmine Immersion Technologies, Inc. (BMNR) reported revenue of 61.20M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year September - August; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 61.20M | 6.09M | 3.31M | 645.28K | 427.67K | |
| Cost of Revenue | 9.52M | 5.79M | 3.47M | 422.81K | 556.70K | |
| Gross Profit | 51.67M | 310.00K | -163.00K | 222.47K | -129.03K | |
| Selling, General & Admin | 346.59M | 13.98M | 2.28M | 763.51K | 1.57M | 131.81K |
| Other Operating Expenses | 11.54K | |||||
| Operating Expenses | 346.59M | 13.98M | 2.28M | 1.58M | 1.59M | 131.81K |
| Operating Income | -294.92M | -13.67M | -2.44M | -1.36M | -1.71M | -131.81K |
| Interest Expense | -45.00K | -245.00K | -269.00K | -97.46K | -291.05K | -22.42K |
| Interest & Investment Income | 9.92M | 1.00K | 55.00K | 28.72K | ||
| Other Non Operating Income (Expenses) | -8.46B | 459.80M | 114.00K | -932.95K | -1.00 | |
| EBT Excluding Unusual Items | -8.74B | 445.88M | -2.54M | -2.36M | -2.01M | -154.24K |
| Gain (Loss) on Sale of Investments | -8.07M | -1.28M | -311.00K | |||
| Gain (Loss) on Sale of Assets | -1.53M | -1.53M | ||||
| Asset Writedown | -1.91M | -1.91M | -120.00K | -122.95K | ||
| Other Unusual Items | -289.00K | -320.00K | 16.94K | |||
| Pretax Income | -8.75B | 440.87M | -3.29M | -2.46M | -2.01M | -154.24K |
| Income Tax Expense | 92.30M | |||||
| Net Income | -8.75B | 348.58M | -3.29M | -2.46M | -2.01M | -154.24K |
| Preferred Dividends & Other Adjustments | 17.45M | 20.42M | ||||
| Net Income to Common | -8.77B | 328.16M | -3.29M | -2.46M | -2.01M | -154.24K |
| Shares Outstanding (Basic) | 355.46M | 24.14M | 2.49M | 2.45M | 2.16M | 487.91K |
| Shares Outstanding (Diluted) | 355.46M | 24.52M | 2.49M | 2.45M | 2.16M | 487.91K |
| EPS (Basic) | -24.68 | 13.60 | -1.32 | -1.00 | -0.93 | -0.32 |
| EPS (Diluted) | -24.68 | 13.39 | -1.32 | -1.00 | -0.93 | -0.32 |
| Free Cash Flow | -294.56M | -5.21M | -106.00K | -1.42M | -4.40M | -503.66K |
| Free Cash Flow Per Share | -0.83 | -0.21 | -0.04 | -0.58 | -2.04 | -1.03 |
| Dividend Per Share | 0.01 | 0.01 | ||||
| Gross Margin | 84.44% | 5.09% | -4.92% | 34.48% | -30.17% | |
| Operating Margin | -481.93% | -224.35% | -73.78% | -210.33% | -400.82% | |
| Profit Margin | -14,334.84% | 5,384.10% | -99.49% | -381.99% | -468.88% | |
| Free Cash Flow Margin | -481.35% | -85.55% | -3.20% | -220.37% | -1,028.03% | |
| EBITDA | -294.06M | -12.91M | -1.52M | -886.48K | -1.71M | |
| EBITDA Margin | -211.86% | -45.86% | -137.38% | |||
| D&A For EBITDA | 853.00K | 761.00K | 924.00K | 470.70K | 3.12K | |
| EBIT | -294.92M | -13.67M | -2.44M | -1.36M | -1.71M | -131.81K |
| EBIT Margin | -224.35% | -73.78% | -210.33% | |||
| Effective Tax Rate | 20.94% | |||||
| Revenue as Reported | 61.20M | 6.09M | 3.31M | 645.28K | 427.67K |
Balance sheet
Fiscal year September - August; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 340.29M | 512.00M | 499.00K | 270.55K | 392.55K | 218.74K |
| Cash & Short-Term Investments | 340.29M | 512.00M | 499.00K | 270.55K | 392.55K | 218.74K |
| Other Receivables | 510.00K | |||||
| Receivables | 510.00K | 374.00K | 374.44K | 491.39K | ||
| Prepaid Expenses | 4.85M | 498.00K | 673.00K | 105.00K | 5.00K | |
| Other Current Assets | 100.12M | 129.47K | ||||
| Total Current Assets | 445.26M | 513.01M | 1.55M | 879.46K | 888.95K | 218.74K |
| Property, Plant & Equipment | 1.29M | 516.00K | 4.77M | 4.95M | 6.53M | 427.30K |
| Long-Term Investments | 284.97M | 987.43K | ||||
| Other Long-Term Assets | 10.87B | 8.28B | 683.00K | 21.43K | ||
| Total Assets | 11.63B | 8.80B | 7.28M | 8.20M | 7.97M | 646.03K |
| Accounts Payable | 74.90K | 84.76K | 3.68K | |||
| Accrued Expenses | 10.23M | 8.89M | 716.00K | 97.46K | 4.50K | |
| Short-Term Debt | 1.62M | 1.30M | ||||
| Current Portion of Long-Term Debt | 277.30K | |||||
| Current Unearned Revenue | 1.07M | 790.00K | 86.19K | 232.91K | ||
| Total Current Liabilities | 12.14M | 9.96M | 3.13M | 1.56M | 317.67K | 285.48K |
| Long-Term Unearned Revenue | 65.00K | 386.88K | 252.32K | |||
| Long-Term Deferred Tax Liabilities | 92.30M | |||||
| Other Long-Term Liabilities | 16.77M | 1.00 | ||||
| Total Liabilities | 30.13M | 102.26M | 3.20M | 1.95M | 570.00K | 285.48K |
| Common Stock | 58.00K | 23.00K | 4.97K | 4.86K | 4.04K | |
| Additional Paid-In Capital | 20.37B | 8.36B | 12.31M | 11.18M | 9.87M | 817.84K |
| Retained Earnings | -8.77B | 337.39M | -8.22M | -4.93M | -2.47M | -461.33K |
| Comprehensive Income & Other | 534.00K | -1.00 | ||||
| Total Common Equity | 11.60B | 8.69B | 4.09M | 6.26M | 7.40M | 360.55K |
| Shareholders' Equity | 11.60B | 8.69B | 4.09M | 6.26M | 7.40M | 360.55K |
| Total Liabilities & Equity | 11.63B | 8.80B | 7.28M | 8.20M | 7.97M | 646.03K |
| Total Debt | 1.32M | 1.62M | 1.30M | 277.30K | ||
| Net Cash (Debt) | 338.97M | 512.00M | -1.13M | -1.03M | 392.55K | -58.56K |
| Net Cash Per Share | 0.95 | 20.88 | -0.45 | -0.42 | 0.18 | -0.12 |
| Filing Date Shares Outstanding | 603.23M | 384.07M | 1.98M | 2.48M | 2.43M | 2.06M |
| Total Common Shares Outstanding | 579.65M | 234.71M | 2.50M | 2.48M | 2.43M | 2.02M |
| Working Capital | 433.12M | 503.05M | -1.58M | -679.10K | 571.27K | -66.74K |
| Book Value Per Share | 20.01 | 37.04 | 1.64 | 2.52 | 3.05 | 0.18 |
| Tangible Book Value | 11.57B | 8.69B | 4.09M | 6.26M | 7.40M | 360.55K |
| Tangible Book Value Per Share | 19.97 | 37.04 | 1.64 | 2.52 | 3.05 | 0.18 |
| Machinery | 669.00K | 6.17M | 495.70K | 25.00K |
Cash flow statement
Fiscal year September - August; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -8.75B | 348.58M | -3.29M | -2.46M | -2.01M | -154.24K |
| Depreciation & Amortization | 853.00K | 761.00K | 924.00K | 470.70K | 3.12K | |
| Loss (Gain) From Sale of Assets | 1.53M | 1.53M | 32.00K | |||
| Asset Writedown & Restructuring Costs | 1.91M | 1.91M | 120.00K | |||
| Loss (Gain) From Sale of Investments | 8.04M | 1.28M | 311.00K | |||
| Stock-Based Compensation | 39.46M | 2.42M | 1.12M | 1.32M | 856.72K | 71.25K |
| Other Operating Activities | 8.31B | -459.50M | -37.00K | -1.00 | 1.00 | |
| Change in Accounts Payable | -9.86K | 81.08K | 3.68K | |||
| Change in Unearned Revenue | -840.00K | 213.00K | 704.00K | -12.16K | 485.23K | |
| Change in Other Net Operating Assets | 4.49M | 6.36M | 86.00K | -111.56K | -1.05M | 2.95K |
| Operating Cash Flow | -293.11M | -4.15M | -30.00K | -809.72K | -1.63M | -76.36K |
| Capital Expenditures | -1.45M | -1.06M | -76.00K | -612.29K | -2.77M | -427.30K |
| Sale of Property, Plant & Equipment | 810.00K | |||||
| Investment in Securities | -288.88M | 8.00K | ||||
| Other Investing Activities | -19.24B | -7.43B | 1.00K | |||
| Investing Cash Flow | -19.53B | -7.43B | -67.00K | -612.29K | -2.77M | -427.30K |
| Short-Term Debt Issued | 1.28M | 325.00K | 1.30M | 2.76M | 226.85K | |
| Total Debt Issued | 1.03M | 1.28M | 325.00K | 1.30M | 2.76M | 226.85K |
| Short-Term Debt Repaid | -1.90M | |||||
| Total Debt Repaid | -1.05M | -1.90M | ||||
| Net Debt Issued (Repaid) | -18.00K | -617.00K | 325.00K | 1.30M | 2.76M | 226.85K |
| Issuance of Common Stock | 20.18B | 7.95B | 1.81M | 493.62K | ||
| Financing Cash Flow | 20.17B | 7.95B | 325.00K | 1.30M | 4.57M | 720.46K |
| Miscellaneous Cash Flow Adjustments | -1.00K | -1.00K | 1.00K | -1.00 | ||
| Net Cash Flow | 338.82M | 511.50M | 229.00K | -122.00K | 173.81K | 216.81K |
| Free Cash Flow | -294.56M | -5.21M | -106.00K | -1.42M | -4.40M | -503.66K |
| Free Cash Flow Margin | -481.35% | -85.55% | -3.20% | -220.37% | -1,028.03% | |
| Free Cash Flow Per Share | -0.83 | -0.21 | -0.04 | -0.58 | -2.04 | -1.03 |
| Levered Free Cash Flow | -518.10M | 1.92M | 1.09M | 441.11K | -3.35M | -445.82K |
| Unlevered Free Cash Flow | -518.07M | 2.07M | 1.25M | 502.02K | -3.17M | -431.80K |
| Change in Working Capital | 95.94M | 98.87M | 790.00K | -133.58K | -483.86K | 6.63K |
Ratios
Fiscal year September - August; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 11.96B | 7.57B | 28.85M | 34.61M | 40.03M | 84.68M |
| Enterprise Value | 11.62B | 7.57B | 30.19M | 35.39M | 41.43M | 84.76M |
| Last Close Price | 20.18 | 43.61 | 11.56 | 14.00 | 17.00 | 44.99 |
| PE Ratio | 23.06 | |||||
| PS Ratio | 202.92 | 1,241.66 | 8.72 | 53.64 | 93.61 | |
| PB Ratio | 1.01 | 0.87 | 7.06 | 5.53 | 5.41 | 234.85 |
| P/TBV Ratio | 1.07 | 0.87 | 7.06 | 5.53 | 5.41 | 234.85 |
| EV/Sales Ratio | 197.38 | 1,241.73 | 9.12 | 54.85 | 96.87 | |
| Debt / Equity Ratio | 0.00 | 0.40 | 0.21 | 0.77 | ||
| Net Debt / Equity Ratio | -0.03 | -0.06 | 0.28 | 0.17 | -0.05 | 0.16 |
| Net Debt / EBITDA Ratio | 1.15 | 39.65 | -0.74 | -1.16 | 0.23 | |
| Net Debt / FCF Ratio | 1.15 | 98.20 | -10.62 | -0.72 | 0.09 | -0.12 |
| Asset Turnover | 0.01 | 0.00 | 0.43 | 0.08 | 0.10 | |
| Quick Ratio | 28.04 | 51.45 | 0.16 | 0.17 | 1.24 | 0.77 |
| Current Ratio | 36.68 | 51.50 | 0.49 | 0.56 | 2.80 | 0.77 |
| Return on Equity (ROE) | -150.91% | 8.02% | -63.67% | -36.09% | -51.65% | -99.36% |
| Return on Assets (ROA) | -3.17% | -0.19% | -19.71% | -10.49% | -24.86% | -25.43% |
| Return on Invested Capital (ROIC) | -2.91% | -0.26% | -39.08% | -18.98% | -46.14% | -71.44% |
| Return on Capital Employed (ROCE) | -2.50% | -0.20% | -58.80% | -20.40% | -22.40% | -36.60% |
| Earnings Yield | -124.45% | 4.61% | -11.41% | -7.12% | -5.01% | -0.18% |
| FCF Yield | -2.37% | -0.07% | -0.37% | -4.11% | -10.98% | -0.60% |
| Dividend Yield | 0.05% | 0.03% | ||||
| Buyback Yield / Dilution | -15,608.72% | -883.00% | -1.68% | -13.80% | -341.76% | -262.97% |
| Total Shareholder Return | -15,608.67% | -882.96% | -1.68% | -13.80% | -341.76% | -262.97% |