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
DateValue
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%