BitVentures (BVC) Operating Expenses (2020 - 2023)
BitVentures' (BVC) quarterly Operating Expenses came in at $138.7 million in Q2 2023, up 9.27% year-over-year from $126.9 million in Q2 2022, and up 9.27% quarter-over-quarter from $126.9 million in Q2 2022.
Analysis
BitVentures (BVC) Operating Expenses (2020 - 2023) Analysis & Trends
BitVentures (BVC) has reported Operating Expenses for 4 consecutive years, with $138.7 million the latest figure, recorded in Q2 2023.
- On a quarterly basis, Operating Expenses rose 9.27% year-over-year to $138.7 million in Q2 2023; TTM through Jun 2023 was $388.4 million, a 32.73% increase from a year earlier, with the FY2025 full-year figure at $3.7 million, down 83.69% from the prior year.
- Operating Expenses was $138.7 million for Q2 2023 at BitVentures, up from $126.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $138.7 million in Q2 2023 and troughed at $39.2 million in Q1 2020.
- A 4-year average of $78.4 million and a median of $61.4 million in 2021 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 93.57% in 2022 and advanced 9.27% in 2023, its largest moves.
- Over 4 years, Operating Expenses stood at $42.9 million in 2020, then jumped by 52.79% to $65.6 million in 2021, then jumped by 93.57% to $126.9 million in 2022, then rose by 9.27% to $138.7 million in 2023.
- The last three Operating Expenses figures came in at $138.7 million (Q2 2023), $126.9 million (Q2 2022), and $65.6 million (Q2 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn | 5.51 Bn |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - | 3.33 Bn |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - | 3.59 Bn |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn | 2.10 Bn |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn | 1.29 Bn |
| 6 | XChange TEC.INC | 19.63 Bn | 19.63 Bn | - | - |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - | 885.67 Mn |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - | 736.33 Mn |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn | 352.59 Mn |
| 10 | BitVentures | 69.23 Mn | 69.23 Mn | - | - |
Historic Data
Download Data
Historic 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 |