Company Analysis

BitFuFu Inc. (FUFU)

Nasdaq: FUFU · Finance Services · Singapore · filing with the SEC since 2022
Grade5.9
◀ Past 7.1● Present 6.1▶ Future 3.8
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Report filedApr 28, 2026Apr 21, 2025Apr 25, 2024··
Revenue477,532,000463,330,000284,106,000r198,199,000r103,043,585
For lenders
Provision for credit losses··99,7559,826,600·
Cost of revenue448,599,000433,608,000271,393,000r161,967,000r94,014,612
Gross profit28,933,00029,722,00012,713,000r36,232,000r9,028,973
Research and development2,543,0005,600,0001,741,000r1,564,000r469,931
Sales and marketing3,727,0007,462,0001,863,000r1,952,000r1,606,731
General and administrative9,125,00025,271,0003,682,000r2,736,000r1,421,509
Total operating expenses52,692,000-36,474,000-3,858,000r32,332,000r3,193,461
Operating income-23,759,00066,196,00016,571,000r3,900,000r5,835,512
Interest expense8,562,0006,328,0005,535,000r2,517,000r·
Interest and investment income462,000416,0001,054,968343,188135,300
Share of profit of equity-method investments177,000····
Other income (expense), net311,000-277,000587,000r50,000r-1,118
Income before income taxes-29,264,00061,631,00012,678,000r1,776,000r5,969,694
Income tax expense1,878,0007,668,0002,183,000r-666,000r1,043,451
Net income including non-controlling interests-31,142,00053,963,00010,495,000··
Net income to non-controlling interests110,000····
Net income-31,252,00053,963,00010,495,000r2,442,000r4,926,243
Net income to common shareholders-31,252,00053,963,00010,495,0002,442,000·
Earnings per share, basic-0.190.340.070.020.03
Earnings per share, diluted-0.180.330.070.020.03
Weighted average shares, basic164,334,429160,988,011150,000,000149,383,562142,500,000
Weighted average shares, diluted169,684,142165,500,289150,000,000149,383,562142,500,000
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton FUFU · research, not advice