BitMine Immersion Technologies, Inc.

BitMine Immersion Technologies Inc's next confirmed earnings release is scheduled for November 20, 2026.

As of May 31, 2026, BitMine Immersion Technologies Inc has 579.65M shares outstanding.

As of May 31, 2026, BitMine Immersion Technologies Inc maintains a current ratio of 36.68, meaning it holds 36.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 0.01, indicating conservative leverage, while an interest coverage ratio of -36,344.54 demonstrates limited ability to service its debt obligations.

Over the twelve months ended May 31, 2026, BitMine Immersion Technologies Inc posted a negative return on equity (ROE) of -150.91, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -150.44, reflecting losses generated across the asset base. The company generates approximately 7.50M in revenue per employee across its workforce of 7.00, a quick read on workforce productivity versus industry peers.

Over the twelve months ended May 31, 2026, BitMine Immersion Technologies Inc recorded an income tax benefit of -79.17M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -7.51B and -7.51B in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

These figures are as of the close on October 23, 2026.

Over the twelve months ended May 31, 2026, BitMine Immersion Technologies Inc generated 52.49M in revenue and converted that into -7.51B in net income, yielding earnings per share of -22.20. EBITDA reached -7.61B, while operating income came in at -8.31B.

As of May 31, 2026, BitMine Immersion Technologies Inc holds 291.90M in cash and equivalents against 1.04M in total debt, resulting in a net debt position of -291.90M. Total book value stands at 9.95B, with working capital of 371.53M providing operational flexibility.

BitMine Immersion Technologies Inc produced -251.43M in operating cash flow over the twelve months ended May 31, 2026. After subtracting -1.25M in capital expenditures, free cash flow totaled -252.67M - equivalent to -0.75 per share.

Over the twelve months ended May 31, 2026, BitMine Immersion Technologies Inc posted a gross margin of 83.48, reflecting its pricing power and cost economics. The operating margin of -15,832.46 and net profit margin of -14,306.58 provide insight into operational efficiency.

BitMine Immersion Technologies Inc's most recent stock split took place on May 16, 2025 with a 20:1 split ratio.