BitVentures (BVC) EBITDA Margin (2020 - 2023)
BitVentures' (BVC) quarterly EBITDA Margin came in at 8.93% in Q2 2023, down 1315.0% year-over-year from 0.73% in Q2 2022, and down 59.56% quarter-over-quarter from 22.08% in Q2 2022.
Analysis
BitVentures (BVC) EBITDA Margin (2020 - 2023) Analysis & Trends
BitVentures (BVC) has reported EBITDA Margin for 4 consecutive years, with 8.93% the latest figure, recorded in Q2 2023.
- On a quarterly basis, EBITDA Margin fell 1315.0% year-over-year to 8.93% in Q2 2023; TTM through Jun 2023 was 16.36%, a 272.0% decrease from a year earlier, with the FY2024 full-year figure at 3.55%, down 18827.0% from the prior year.
- EBITDA Margin was 8.93% for Q2 2023 at BitVentures, down from 22.08% in the prior quarter.
- Over five years, EBITDA Margin peaked at 22.08% in Q2 2022 and troughed at 8.93% in Q2 2023.
- A 4-year average of 15.58% and a median of 14.6% in 2021 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin surged 638 bps in 2022 and sank 1315 bps in 2023, its largest moves.
- Over 4 years, EBITDA Margin stood at 13.42% in 2020, then climbed by 17 bps to 15.7% in 2021, then jumped by 41 bps to 22.08% in 2022, then tumbled by 60 bps to 8.93% in 2023.
- The last three EBITDA Margin figures came in at 8.93% (Q2 2023), 22.08% (Q2 2022), and 15.7% (Q2 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn | 25.65% |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - | 22.70% |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - | 15.96% |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn | 14.76% |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn | 7.76% |
| 6 | XChange TEC.INC | 19.63 Bn | 19.63 Bn | - | - |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - | 18.73% |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - | 20.12% |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn | 3.10% |
| 10 | BitVentures | 69.23 Mn | 69.23 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 8.93% |
| Jun 30, 2022 | 22.08% |
| Jun 30, 2021 | 15.70% |
| Mar 31, 2021 | 19.84% |
| Jun 30, 2020 | 13.42% |
| Mar 31, 2020 | 13.50% |