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Abits Group (Abits Group) Revenue : $1.68 Mil (TTM As of Dec. 2023)


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What is Abits Group Revenue?

Abits Group's revenue for the six months ended in Dec. 2023 was $1.67 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1.68 Mil. Abits Group's Revenue per Share for the six months ended in Dec. 2023 was $0.05. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.05.

Warning Sign:

Abits Group Inc revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Abits Group was 840.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, Abits Group's highest 3-Year average Revenue per Share Growth Rate was -1.40% per year. The lowest was -35.90% per year. And the median was -18.65% per year.


Abits Group Revenue Historical Data

The historical data trend for Abits Group's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Abits Group Revenue Chart

Abits Group Annual Data
Trend Sep19 Sep20 Dec21 Dec22 Dec23
Revenue
0.37 0.95 0.22 0.16 1.68

Abits Group Semi-Annual Data
Sep19 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Revenue Get a 7-Day Free Trial - 0.04 0.12 0.01 1.67

Competitive Comparison of Abits Group's Revenue

For the Capital Markets subindustry, Abits Group's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Abits Group's Revenue Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abits Group's Revenue distribution charts can be found below:

* The bar in red indicates where Abits Group's Revenue falls into.



Abits Group Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.68 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Abits Group  (NAS:ABTS) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Abits Group Revenue Related Terms

Thank you for viewing the detailed overview of Abits Group's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Abits Group (Abits Group) Business Description

Traded in Other Exchanges
N/A
Address
30 Canton Road, Unit 911, Tower 2, Silvercord, Tsimshatsui, Hong Kong SAR, CHN
Abits Group Inc Formerly Moxian (BVI) Inc operates in the bitcoin mining industry. The company is engaged digital asset mining pools by executing contracts with mining pool operators to provide computing power to the mining pool. The Company provides computing power to the mining pool operator and is created as power is provided over time.
Executives
Deng Conglin director ROOM BC, 9TH FLOOR, FU HUA BUILDING, NO. 8 BEI DA STREET, CHAO YANG DISTRICT, BEIJING F4 100000

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