Bitmine Immersion Technologies, Inc. (BMNR) Financial Statements
Bitmine Immersion Technologies financial statements at a glance
Bitmine Immersion Technologies reported revenue of $6.10 million for fiscal year 2025 (ended August 31, 2025), up 84.1% from fiscal year 2024. Net income was $328.16 million, a net margin of 5384.1%, and diluted earnings per share were $13.39.
At the end of fiscal year 2025 it had total assets of $8.80 billion, total liabilities of $102.26 million and shareholders' equity of $8.69 billion, with cash and short-term investments of $512.00 million.
Its operations brought in -$4.15 million of cash; capital spending was $1.07 million, leaving free cash flow of -$5.21 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 4 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended August 31, 2025.
Bitmine Immersion Technologies, Inc.
Income Statement
Annual • USD
Bitmine Immersion Technologies key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Revenue | $6.1M | $3.3M | $645,278 | $427,669 |
| Gross profit | $310,000 | $761,027 | $222,469 | -$129,030 |
| Operating income | -$362.6M | -$2.4M | -$2.3M | -$1.7M |
| Net income | $328.2M | -$3.3M | -$2.5M | -$2.0M |
| Diluted EPS | $13.39 | -$0.07 | -$0.05 | -$0.05 |
| Total assets | $8.8B | $7.3M | $8.2M | $8.0M |
| Total liabilities | $102.3M | $3.2M | $1.9M | $569,995 |
| Shareholders' equity | $8.7B | $4.1M | $6.3M | $7.4M |
| Cash and short-term investments | $512.0M | $499,270 | $270,550 | $392,550 |
| Total debt | – | $1.6M | $1.3M | – |
| Operating cash flow | -$4.1M | -$28,753 | -$809,715 | -$1.6M |
| Capital spending | $1.1M | $75,934 | $612,288 | $2.8M |
| Free cash flow | -$5.2M | -$104,687 | -$1.4M | -$4.4M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2022.
Questions and answers
What was Bitmine Immersion Technologies's revenue in fiscal year 2025?
$6.10 million, up 84.1% from $3.31 million in fiscal year 2024.
How much profit does Bitmine Immersion Technologies make?
Bitmine Immersion Technologies reported net income of $328.16 million for fiscal year 2025 (5384.1% of revenue); operating income was -$362.63 million.
How much cash and debt does Bitmine Immersion Technologies have?
At the end of fiscal year 2025: cash and short-term investments of $512.00 million.
What is Bitmine Immersion Technologies's free cash flow?
-$5.21 million in fiscal year 2025 (operating cash flow of -$4.15 million minus capital spending of $1.07 million).
