BitVentures (BVC) Operating Expenses (2020 - 2023)
BitVentures' (BVC) quarterly Operating Expenses came in at $138.7 million in Q2 2023, up 9.27% year-on-year from $126.9 million in Q2 2022, and up 9.27% on a QoQ basis from $126.9 million in Q2 2022.
BitVentures (BVC) Operating Expenses (2020 - 2023) Analysis & Trends
BitVentures (BVC) has 4 years of Operating Expenses data on file, last reported at $138.7 million in Q2 2023.
- On a quarterly basis, Operating Expenses rose 9.27% year-over-year to $138.7 million in Q2 2023; TTM through Dec 2024 was $138.7 million, a 47.78% decrease from a year earlier, with the FY2025 full-year figure at $3.7 million, down 83.69% from the prior year.
- Operating Expenses for Q2 2023 stood at $138.7 million, up from $126.9 million in the prior quarter.
- Over the last five years, Operating Expenses for BVC reached as high as $138.7 million in Q2 2023 and fell as low as $39.2 million in Q1 2020.
- Historically, Operating Expenses has averaged $78.4 million across 4 years, with a median of $61.4 million in 2021.
- Across the five-year window, Operating Expenses soared 93.57% in 2022 and gained 9.27% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $42.9 million in 2020, then surged by 52.79% to $65.6 million in 2021, then surged by 93.57% to $126.9 million in 2022, then grew by 9.27% to $138.7 million in 2023.
- Per Business Quant data, the three most recent Operating Expenses figures were $138.7 million in Q2 2023, $126.9 million in Q2 2022, and $65.6 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | BitVentures | 1.03 Mn | 1.03 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 138.69 Mn |
| Jun 30, 2022 | 126.92 Mn |
| Jun 30, 2021 | 65.57 Mn |
| Mar 31, 2021 | 57.24 Mn |
| Jun 30, 2020 | 42.92 Mn |
| Mar 31, 2020 | 39.15 Mn |