BitVentures (BVC) Operating Income (2020 - 2023)

BitVentures (BVC) posted quarterly Operating Income of $13.8 million for 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.

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.

  • In Q2 2023, Operating Income fell 62.56% year-over-year to $13.8 million; the TTM figure through Jun 2023 stood at $76.9 million (up 10.2% YoY), while the FY2025 annual figure was -$3.7 million, down 376.1% from the prior year.
  • Operating Income retreated to $13.8 million in Q2 2023 per BVC's latest filing, from $36.8 million in the prior quarter.
  • Across five years, Operating Income topped out at $36.8 million in Q2 2022 and bottomed at $6.1 million in Q1 2020.
  • Historically, Operating Income has averaged $14.9 million across 4 years, with a median of $13.0 million in 2021.
  • Annual changes were most pronounced in 2022 — Operating Income jumped 201.16% — and 2023, when it sank 62.56%.
  • BitVentures' Operating Income stood at $6.6 million in 2020, then surged by 83.61% to $12.2 million in 2021, then surged by 201.16% to $36.8 million in 2022, then tumbled by 62.56% to $13.8 million in 2023.
  • Business Quant data shows BVC's Operating Income at $13.8 million in Q2 2023, $36.8 million in Q2 2022, and $12.2 million in Q2 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 6.26 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 488.00 Mn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 2.35 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 1.89 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 162.00 Mn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -326.15 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -1.82 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 2.24 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 4.02 Bn
10 BitVentures 67.11 Mn 67.11 Mn - -

Historic Data

Download Data
DateValue
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