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| 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 |