| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Gross Margin | -8.25% | -16.78% | -14.69% | 7.38% | 65.56% | 8.28% |
| Operating Margin | -42.41% | -53.71% | -43.73% | -32.00% | 37.18% | -15.49% |
| EBITDA Margin | 11.07% | 19.37% | 14.20% | 18.85% | 51.62% | 17.60% |
| Net Margin | -90.94% | -28.03% | -71.08% | -123.32% | 13.06% | -46.94% |
| Current Ratio | — | — | — | — | — | — |
| Quick Ratio | — | — | — | — | — | — |
| Debt / Equity | 1.04 | 0.03 | 0.04 | 0.07 | 0.03 | 0.49 |
| ROE | -37.21% | -8.89% | -35.29% | -68.77% | 6.16% | -105.45% |
| ROA | -16.08% | -8.10% | -27.47% | -51.19% | 4.08% | -31.50% |
| Asset Turnover | 0.18 | 0.29 | 0.39 | 0.42 | 0.31 | 0.67 |
| Book Value / Share | 1.02 | 1.47 | 1.12 | 1.23 | 2.27 | 0.18 |
Bitfarms Ltd. is a digital infrastructure and energy company operating under the name Keel Infrastructure Corp., headquartered in New York, United States. The company focuses on developing and operating data centers and related energy assets that support high-performance computing workloads, with a particular emphasis on artificial intelligence and other compute-intensive applications. Its core business involves building and managing scalable, power-efficient facilities designed to deliver reliable processing capacity for enterprise and institutional clients that require substantial compute resources. Bitfarms Ltd. plays a role in the broader technology and business services ecosystem by providing the underlying infrastructure necessary for AI, cloud, and advanced data processing solutions. By combining energy infrastructure with specialized data center operations, the company seeks to offer integrated environments where compute performance and power availability are closely aligned to customer requirements. Founded in 2026 in New York, Bitfarms Ltd. today is positioned as a North American platform for high-performance computing infrastructure and energy-backed digital operations.