Bitdeer Technologies Group income statement
In fiscal 2025, Bitdeer Technologies Group reported revenue of $620m, up 77.3% on the year before, operating income of $160m (a 25.8% margin) and net income of $65.6m, or −$1.43 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|
| Revenue | 186 | 395 | 333 | 369 | 350 | 620 |
| Cost of revenue | 210 | 153 | 250 | 291 | 283 | 559 |
| Gross profit | −23 | 241 | 83 | 78 | 66 | 61 |
| Research and development | 10 | 30 | 35 | 30 | 77 | 154 |
| General and administrative | 1 | 2 | 3 | 4 | 4 | — |
| Operating income | −63 | 131 | −61 | −52 | −590 | 160 |
| Interest expense | 1 | 2 | 5 | 3 | 3 | 4 |
| Income before tax | −64 | 131 | −65 | −51 | −602 | 71 |
| Income tax | −8 | 48 | −4 | 6 | −2 | 5 |
| Net income | −56 | 83 | −60 | −57 | −599 | 66 |
| Diluted EPS | $0.00 | $0.75 | −$0.56 | −$0.51 | −$4.36 | −$1.43 |
| Diluted shares (average) | 12,662m | 111m | 109m | 110m | 137m | 234m |
| EBITDA | −63 | 131 | −60 | −51 | −581 | — |
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