Bitmine Immersion Technologies (BMNR) Revenue — Quarter Ended Aug 31, 2023
Revenue for the reported period increased from the prior quarter. It also rose compared to the same period one year earlier.
Key takeaway
Quarter ended Aug 31, 2023 · FY2023 Q4
Revenue for the reported period increased from the prior quarter. It also rose compared to the same period one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$245.3K
Revenue reported for this quarter.
Quarter-over-quarter
+72.6%
Change from the immediately preceding quarter.
Year-over-year
+296.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$645.3K
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Nov 30, 2022 | $101.7K | n/a |
| Feb 28, 2023 | $156.1K | -55.3% |
| May 31, 2023 | $142.1K | +757.9% |
| Aug 31, 2023 | $245.3K | +296.8% |
Revenue performance
The revenue figure reflects a sequential increase and a notable year-over-year improvement.
Quarterly comparison
Revenue grew relative to the immediately preceding quarter. Revenue also grew relative to the same quarter in the prior year.
What to watch
The company's cash balance and net loss trend are key areas to monitor going forward.