BitVentures (BVC) Operating Margin (2020 - 2023)
BitVentures' (BVC) quarterly Operating Margin came in at 9.03% in Q2 2023, down 1343.0% year-on-year from 0.73% in Q2 2022, and down 59.8% on a QoQ basis from 22.46% in Q2 2022.
BitVentures (BVC) Operating Margin (2020 - 2023) Analysis & Trends
BitVentures (BVC) has 4 years of Operating Margin data on file, last reported at 9.03% in Q2 2023.
- On a quarterly basis, Operating Margin fell 1343.0% year-over-year to 9.03% in Q2 2023; TTM through Jun 2023 was 16.53%, a 273.0% decrease from a year earlier, with the FY2024 full-year figure at 3.55%, up 1831.0% from the prior year.
- Operating Margin for Q2 2023 stood at 9.03%, down from 22.46% in the prior quarter.
- Over the last five years, Operating Margin for BVC reached as high as 22.46% in Q2 2022 and fell as low as 9.03% in Q2 2023.
- Historically, Operating Margin has averaged 15.66% across 4 years, with a median of 14.6% in 2021.
- Across the five-year window, Operating Margin surged 677 bps in 2022 and slumped 1343 bps in 2023, its largest moves.
- Year by year, Operating Margin stood at 13.42% in 2020, then gained by 17 bps to 15.7% in 2021, then soared by 43 bps to 22.46% in 2022, then sank by 60 bps to 9.03% in 2023.
- Per Business Quant data, the three most recent Operating Margin figures were 9.03% in Q2 2023, 22.46% in Q2 2022, and 15.7% in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 12.05% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 14.56% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 21.08% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 4.06% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -22.99% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -23.45% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 29.26% |
| 10 | BitVentures | 1.03 Mn | 1.03 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 9.03% |
| Jun 30, 2022 | 22.46% |
| Jun 30, 2021 | 15.70% |
| Mar 31, 2021 | 19.84% |
| Jun 30, 2020 | 13.42% |
| Mar 31, 2020 | 13.50% |