Financials Bitnine Co, Ltd.

Equities

A357880

KR7357880004

Software

End-of-day quote Korea S.E. 06:00:00 2024-06-27 pm EDT 5-day change 1st Jan Change
2,480 KRW 0.00% Intraday chart for Bitnine Co, Ltd. -8.15% -58.04%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 157,380 71,028 61,724
Enterprise Value (EV) 1 134,446 62,788 72,512
P/E ratio 109 x -161 x -3.7 x
Yield - - -
Capitalization / Revenue 9.59 x 3.7 x 2.22 x
EV / Revenue 8.19 x 3.27 x 2.6 x
EV / EBITDA 74 x 22.4 x -6.31 x
EV / FCF -14,989,301 x -15,204,360 x 15,406,827 x
FCF Yield -0% -0% 0%
Price to Book 4.71 x 2.12 x 4.04 x
Nbr of stocks (in thousands) 10,354 10,354 10,444
Reference price 2 15,200 6,860 5,910
Announcement Date 3/17/22 3/23/23 3/21/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 13,660 11,576 16,415 19,175 27,840
EBITDA 1 -5,784 -263.3 1,816 2,802 -11,493
EBIT 1 -6,539 -859.3 1,183 1,621 -13,293
Operating Margin -47.86% -7.42% 7.21% 8.45% -47.75%
Earnings before Tax (EBT) 1 -9,840 -10,226 1,173 147.1 -17,105
Net income 1 -9,840 -10,226 1,165 -439.9 -16,652
Net margin -72.03% -88.34% 7.1% -2.29% -59.81%
EPS - -1,567 139.9 -42.49 -1,596
Free Cash Flow - -2,689 -8,969 -4,130 4,706
FCF margin - -23.23% -54.64% -21.54% 16.91%
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share - - - - -
Announcement Date 3/31/21 3/31/21 3/17/22 3/23/23 3/21/24
1KRW in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 4,678 91.8 - - 10,788
Net Cash position 1 - - 22,934 8,241 -
Leverage (Debt/EBITDA) -0.8088 x -0.3486 x - - -0.9386 x
Free Cash Flow - -2,689 -8,969 -4,130 4,706
ROE (net income / shareholders' equity) - 102% 7.68% -1.55% -65.1%
ROA (Net income/ Total Assets) - -6.9% 3.49% 1.89% -12.6%
Assets 1 - 148,142 33,375 -23,308 132,554
Book Value Per Share 2 -8,308 -626.0 3,227 3,236 1,463
Cash Flow per Share 2 811.0 636.0 1,276 740.0 762.0
Capex 1 14.5 479 618 918 394
Capex / Sales 0.11% 4.13% 3.77% 4.79% 1.42%
Announcement Date 3/31/21 3/31/21 3/17/22 3/23/23 3/21/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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