Bitdeer’s total revenue for Q1 2024 was $119.5 million, a year-on-year increase of 64.6%
ChainCatcher news, Bitdeer announced its unaudited financial performance and operational update for the first quarter of 2024.
Details:
- Total revenue was $119.5 million, compared to $72.6 million in the first quarter of 2023.
- Net profit was $600,000, compared to a net loss of $9.5 million in the first quarter of 2023.
- Adjusted profit was $8.4 million, compared to $2.8 million in the first quarter of 2023.
- Adjusted EBITDA was $26 million, compared to $18.5 million in the first quarter of 2023.
- As of March 31, 2024, cash and cash equivalents were $118.5 million.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags
