BitVentures (BVC) Operating Income (2020 - 2023)
BitVentures' (BVC) quarterly Operating Income came in at $13.8 million in Q2 2023, down 62.56% year-over-year from $36.8 million in Q2 2022, and down 62.56% quarter-over-quarter from $36.8 million in Q2 2022.
Analysis
BitVentures (BVC) Operating Income (2020 - 2023) Analysis & Trends
BitVentures (BVC) has reported Operating Income for 4 consecutive years, with $13.8 million the latest figure, recorded in Q2 2023.
- On a quarterly basis, Operating Income fell 62.56% year-over-year to $13.8 million in Q2 2023; TTM through Jun 2023 was $76.9 million, a 10.2% increase from a year earlier, with the FY2025 full-year figure at -$3.7 million, down 376.1% from the prior year.
- Operating Income was $13.8 million for Q2 2023 at BitVentures, down from $36.8 million in the prior quarter.
- Over five years, Operating Income peaked at $36.8 million in Q2 2022 and troughed at $6.1 million in Q1 2020.
- A 4-year average of $14.9 million and a median of $13.0 million in 2021 frame the typical range for Operating Income.
- Across the five-year window, Operating Income soared 201.16% in 2022 and slumped 62.56% in 2023, its largest moves.
- Over 4 years, Operating Income stood at $6.6 million in 2020, then soared by 83.61% to $12.2 million in 2021, then soared by 201.16% to $36.8 million in 2022, then tumbled by 62.56% to $13.8 million in 2023.
- The last three Operating Income figures came in at $13.8 million (Q2 2023), $36.8 million (Q2 2022), and $12.2 million (Q2 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn | 1.90 Bn |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - | 915.00 Mn |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - | - |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn | 364.00 Mn |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn | 112.00 Mn |
| 6 | XChange TEC.INC | 19.63 Bn | 19.63 Bn | - | - |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - | 204.12 Mn |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - | 180.32 Mn |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn | 11.00 Mn |
| 10 | BitVentures | 69.23 Mn | 69.23 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 13.77 Mn |
| Jun 30, 2022 | 36.77 Mn |
| Jun 30, 2021 | 12.21 Mn |
| Mar 31, 2021 | 14.17 Mn |
| Jun 30, 2020 | 6.65 Mn |
| Mar 31, 2020 | 6.11 Mn |