BitVentures (BVC) Interest Expenses (2019 - 2024)

BitVentures (BVC) posted quarterly Interest Expenses of $26000.0 for Q2 2024, down 99.18% year-over-year from $3.2 million in Q3 2023, and down 99.18% quarter-over-quarter from $3.2 million in Q2 2023.

BitVentures (BVC) Interest Expenses (2019 - 2024) Analysis & Trends

BitVentures (BVC) has reported Interest Expenses for 6 consecutive years, with $26000.0 the latest figure, recorded in Q2 2024.

  • In Q2 2024, Interest Expenses fell 99.18% year-over-year to $26000.0; the TTM figure through Jun 2024 stood at $26000.0 (down 99.18% YoY), while the FY2025 annual figure was $12000.0, down 85.37% from the prior year.
  • Interest Expenses declined to $26000.0 in Q2 2024 per BVC's latest filing, from $3.2 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $3.2 million in Q2 2023 and bottomed at $26000.0 in Q2 2024.
  • Historically, Interest Expenses has averaged $1.3 million across 5 years, with a median of $1.3 million in 2020.
  • Annual changes were most pronounced in 2023 — Interest Expenses jumped 6350.41% — and 2024, when it plunged 99.18%.
  • BitVentures' Interest Expenses stood at $1.3 million in 2020, then jumped by 45.51% to $1.9 million in 2021, then slumped by 97.41% to $49133.7 in 2022, then surged by 6350.41% to $3.2 million in 2023, then slumped by 99.18% to $26000.0 in 2024.
  • Business Quant data shows BVC's Interest Expenses at $26000.0 in Q2 2024, $3.2 million in Q2 2023, and $49133.7 in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -714.85 Mn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 369.00 Mn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 2.95 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 127.00 Mn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 1.09 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 53.08 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 130.80 Mn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 143.00 Mn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 878.00 Mn
10 BitVentures 67.11 Mn 67.11 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 26,000.00
Jun 30, 2024 26,000.00
Jun 30, 2023 3.17 Mn
Jun 30, 2023 3.17 Mn
Jun 30, 2022 49,133.67
Jun 30, 2022 49,133.67
Jun 30, 2021 1.90 Mn
Jun 30, 2021 1.90 Mn
Jun 30, 2020 1.31 Mn
Jun 30, 2020 1.31 Mn
Jun 30, 2019 3.01 Mn
Jun 30, 2019 3.01 Mn