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| Date | Value |
|---|---|
| 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 |