Mitesco (MITI) Cost of Revenue (2011 - 2023)
Mitesco's (MITI) quarterly Cost of Revenue came in at $5601.0 in Q2 2023, down 99.08% year-over-year from $606187.0 in Q2 2022, and up 131.54% quarter-over-quarter from $2419.0 in Q1 2023.
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Mitesco (MITI) Cost of Revenue (2011 - 2023) Analysis & Trends
Mitesco (MITI) has reported Cost of Revenue for 8 consecutive years, with $5601.0 the latest figure, recorded in Q2 2023.
- On a quarterly basis, Cost of Revenue fell 99.08% year-over-year to $5601.0 in Q2 2023; TTM through Dec 2023 was $8020.0, a 99.33% decrease from a year earlier, with the FY2024 full-year figure at $43700.0, changed N/A from the prior year.
- Cost of Revenue was $5601.0 for Q2 2023 at Mitesco, up from $2419.0 in the prior quarter.
- Over five years, Cost of Revenue peaked at $606187.0 in Q2 2022 and troughed at $1713.0 in Q1 2021.
- A 3-year average of $207264.6 and a median of $4603.0 in 2021 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue soared 34244.6% in 2022 and tumbled 99.59% in 2023, its largest moves.
- Over 3 years, Cost of Revenue stood at $447783.0 in 2021, then soared by 35.38% to $606187.0 in 2022, then sank by 99.08% to $5601.0 in 2023.
- The last three Cost of Revenue figures came in at $5601.0 (Q2 2023), $2419.0 (Q1 2023), and $606187.0 (Q2 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn | 1.23 Bn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn | 12.40 Mn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn | 161.46 Mn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn | 15.05 Mn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn | 357.22 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn | 94.16 Mn |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn | 335.08 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn | 78.82 Mn |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn | 9.96 Mn |
| 10 | Mitesco | 628,217.90 | 620,217.90 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 5,601.00 |
| Mar 31, 2023 | 2,419.00 |
| Jun 30, 2022 | 606,187.00 |
| Mar 31, 2022 | 588,323.00 |
| Dec 31, 2021 | 447,783.00 |
| Sep 30, 2021 | 2,486.00 |
| Jun 30, 2021 | 3,605.00 |
| Mar 31, 2021 | 1,713.00 |
| Dec 31, 2015 | 18,637.00 |
| Sep 30, 2015 | 111,568.00 |
| Jun 30, 2015 | 111,569.00 |
| Mar 31, 2015 | 62,128.00 |
| Dec 31, 2014 | 21,634.00 |
| Sep 30, 2014 | 82,398.00 |
| Jun 30, 2014 | 82,398.00 |
| Mar 31, 2014 | 48,669.00 |
| Dec 31, 2013 | 11,205.00 |
| Sep 30, 2013 | 23,465.00 |
| Jun 30, 2013 | 4,621.00 |
| Mar 31, 2013 | 12,367.00 |