BitVentures (BVC) EBIT Margin (2020 - 2023)
BitVentures (BVC) reported EBIT Margin of 9.03% for Q2 2023, down 1343.0% year-over-year from 0.73% in Q2 2022, and down 59.8% quarter-over-quarter from 22.46% in Q2 2022.
BitVentures (BVC) EBIT Margin (2020 - 2023) Analysis & Trends
BitVentures (BVC) has 4 years of EBIT Margin data on file, last reported at 9.03% in Q2 2023.
- EBIT Margin for Q2 2023 came in at 9.03%, down 1343.0% year-over-year; the trailing twelve-month figure through Jun 2023 was 16.53% (down 273.0% YoY), and the FY2024 annual result was 3.55%, down 4839.0% from the prior year.
- EBIT Margin slipped to 9.03% in Q2 2023 per BVC's latest filing, from 22.46% in the prior quarter.
- Over five years, EBIT Margin peaked at 22.46% in Q2 2022 and troughed at 9.03% in Q2 2023.
- A 4-year average of 15.66% and a median of 14.6% in 2021 frame the typical range for EBIT Margin.
- The sharpest annual moves came in 2022 and 2023: EBIT Margin jumped 677 bps in 2022, then plunged 1343 bps in 2023.
- A 4-year view of EBIT Margin shows it stood at 13.42% in 2020, then grew by 17 bps to 15.7% in 2021, then soared by 43 bps to 22.46% in 2022, then plunged by 60 bps to 9.03% in 2023.
- Business Quant data shows BVC's EBIT Margin at 9.03% in Q2 2023, 22.46% in Q2 2022, and 15.7% in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 21.08% |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 14.56% |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | 12.05% |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 13.34% |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 29.26% |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 37.79% |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | -22.99% |
| 10 | BitVentures | 1.01 Bn | 1.01 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 9.03% |
| Jun 30, 2022 | 22.46% |
| Jun 30, 2021 | 15.70% |
| Mar 31, 2021 | 19.84% |
| Jun 30, 2020 | 13.42% |
| Mar 31, 2020 | 13.50% |