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BITMINE IMMERSION TECHNOLOGIES, INC.

EDGAR
BMNP Current report (8-K) · filed 2026-11-02

Annual consolidated revenue for 2025: about USD 6.095M, using the latest reported figures. The previous period, 2024, was about USD 3.31M.

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Watchlist

Latest quarter

Revenue

46.5 million USD

2026 Q3 · USD

Exact inputs and evidence

Operating margin

-25.5%

2026 Q3 · %

Exact inputs and evidence
  • Operating Income: -11865000 USD Source
  • Revenue: 46535000 USD Source

Operating cash flow

29 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: -287592000 USD Source
  • Operating Cash Flow: -316599000 USD Source

Free cash flow

29 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: -287592000 USD Source
  • Operating Cash Flow: -316599000 USD Source
  • Capital Expenditure: 406000 USD Source
  • Capital Expenditure: 376000 USD Source
Cash and cash equivalents
340 million USD Source
Exact value

340289000 USD

Long-term debt including current maturities
Not available
Shares outstanding
580 million shares Source
Exact value

579652432 shares

Reported share-count change

28,129.38% · 578 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 2053366 shares · 2025-05-31· Source
  • 579652432 shares · 2026-05-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Net income

-8.67 billion USD

2025-03-01 – 2026-02-28

Exact inputs and evidence
  • Net income: -622762 USD · 2025-03-01 – 2025-05-31 Source
  • Net income: 348577000 USD · 2024-09-01 – 2025-08-31 Source
  • Net income: -2754391 USD · 2024-09-01 – 2025-05-31 Source
  • Net income: -5204095000 USD · 2025-09-01 – 2025-11-30 Source
  • Net income: -3818413000 USD · 2025-12-01 – 2026-02-28 Source

Capital expenditure

1.45 million USD

2025-06-01 – 2026-05-31

Exact inputs and evidence
  • Capital expenditure: 1065000 USD · 2024-09-01 – 2025-08-31 Source
  • Capital expenditure: 18000 USD · 2024-09-01 – 2025-05-31 Source
  • Capital expenditure: 376000 USD · 2025-09-01 – 2025-11-30 Source
  • Capital expenditure: 376000 USD · 2025-09-01 – 2026-02-28 Source
  • Capital expenditure: 376000 USD · 2025-09-01 – 2025-11-30 Source
  • Capital expenditure: 406000 USD · 2025-09-01 – 2026-05-31 Source
  • Capital expenditure: 376000 USD · 2025-09-01 – 2026-02-28 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-11-02.

Financial data available through: 2025-08-31.

Coverage by financial measure
  • Revenue: 5 of 11 periods available· newest 2025-08-31
  • Operating income: 5 of 11 periods available· newest 2025-08-31
  • Net income: 5 of 11 periods available· newest 2025-08-31
  • Operating cash flow: 5 of 11 periods available· newest 2025-08-31
  • Capital expenditure: 5 of 11 periods available· newest 2025-08-31
  • Total assets: 5 of 11 periods available· newest 2025-08-31
  • Total liabilities: 5 of 11 periods available· newest 2025-08-31
  • Current assets: 5 of 11 periods available· newest 2025-08-31
  • Current liabilities: 5 of 11 periods available· newest 2025-08-31
  • Cash and cash equivalents: 5 of 11 periods available· newest 2025-08-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 5 of 11 periods available· newest 2025-08-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +84.1%

    Prior period

    USD 3.31 million

    –

    Current period

    USD 6.1 million

    –

    Exact inputs and evidence

    6095000 − 3310000 = 2785000 USD

    3310000 USD · 2023-09-01 – 2024-08-31

    Inspect prior input Prior source

    6095000 USD · 2024-09-01 – 2025-08-31

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  • Net income

    +USD 351.87 million

    Prior period

    −USD 3.29 million

    –

    Current period

    USD 348.58 million

    –

    Exact inputs and evidence

    348577000 − -3293000 = 351870000 USD

    -3293000 USD · 2023-09-01 – 2024-08-31

    Inspect prior input Prior source

    348577000 USD · 2024-09-01 – 2025-08-31

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  • Operating cash flow

    −USD 4.12 million

    Prior period

    −USD 30,000

    –

    Current period

    −USD 4.15 million

    –

    Exact inputs and evidence

    -4149000 − -30000 = -4119000 USD

    -30000 USD · 2023-09-01 – 2024-08-31

    Inspect prior input Prior source

    -4149000 USD · 2024-09-01 – 2025-08-31

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  • Capital expenditure

    +1,301.3%

    Prior period

    USD 76,000

    –

    Current period

    USD 1.07 million

    –

    Exact inputs and evidence

    1065000 − 76000 = 989000 USD

    76000 USD · 2023-09-01 – 2024-08-31

    Inspect prior input Prior source

    1065000 USD · 2024-09-01 – 2025-08-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2024-09-01 – 2025-08-31

  • Revenue USD 6.1 million 100% of revenue
  • Operating costs Derived −USD 438.12 million −7,188% of revenue
  • Operating income USD 444.21 million 7,288% of revenue
  • Tax, interest and other Derived USD 95.63 million 1,569% of revenue
  • Net income USD 348.58 million 5,719% of revenue

Cash

  • Operating cash flow −USD 4.15 million −68% of revenue
  • Capital expenditure USD 1.07 million 17% of revenue
  • Free cash flow Derived −USD 5.21 million −86% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Operating loss: operating costs were 501% of revenue.
  • 2023 Operating loss: operating costs were 474% of revenue.
  • 2024 Operating loss: operating costs were 174% of revenue.
  • 2025 Net income was higher than operating income, so the split is not drawn.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2021 2020-09-01 – 2021-08-310 131815 Derived -131815 22424 Derived -154239 -503657 Derived
Source
2022 2021-09-01 – 2022-08-31427669 2141853 Derived -1714184 291049 Derived -2005233 -4396549 Derived
Source
2023 2022-09-01 – 2023-08-31645278 3058361 Derived -2413083 51801 Derived -2464884 -1422003 Derived
Source
2024 2023-09-01 – 2024-08-313310000 5758000 Derived -2448000 845000 Derived -3293000 -106000 Derived
Source
2025 2024-09-01 – 2025-08-316095000 -438116000 Derived 444211000 95634000 Derived 348577000 -5214000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 6.1M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6.6M4.9M3.3M1.6M0.020212022202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Revenue0
2022Revenue427669
2023Revenue645278
2024Revenue3310000
2025Revenue6095000

Revenue growth

Change in revenue from the same financial period one year earlier.

84.1% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.446%334%223%111%0%20212022202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2021Year over yearNo prior comparable period
2022Year over yearNo prior comparable period
2023Year over year50.9%
2024Year over year413%
2025Year over year84.1%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 7,288.1% 2025
Net margin 5,719.1% 2025
Free cash flow margin -85.5% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.7,953%5,542%3,130%718%-1,693%20212022202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2021Operating marginNot reported
2022Operating margin-400.8%
2023Operating margin-374%
2024Operating margin-74%
2025Operating margin7,288.1%
2021Net marginNot reported
2022Net margin-468.9%
2023Net margin-382%
2024Net margin-99.5%
2025Net margin5,719.1%
2021Free cash flow marginNot reported
2022Free cash flow margin-1,028%
2023Free cash flow margin-220.4%
2024Free cash flow margin-3.2%
2025Free cash flow margin-85.5%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -4.1M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.331.9K-871.3K-2.1M-3.3M-4.5M20212022202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Operating cash flow-76361
2022Operating cash flow-1629243
2023Operating cash flow-809715
2024Operating cash flow-30000
2025Operating cash flow-4149000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -5.2M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.417.1K-1.1M-2.6M-4.1M-5.6M20212022202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Free cash flow-503657
2022Free cash flow-4396549
2023Free cash flow-1422003
2024Free cash flow-106000
2025Free cash flow-5214000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

1.2% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.48%36%24%12%0%20212022202320242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2021Liabilities / assets44.2%
2022Liabilities / assets7.1%
2023Liabilities / assets23.7%
2024Liabilities / assets43.9%
2025Liabilities / assets1.2%

Current assets to current liabilities

Current assets divided by current liabilities.

51.5× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.55.62×41.72×27.81×13.91×0.00×20212022202320242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2021Current assets / current liabilities0.77×
2022Current assets / current liabilities2.8×
2023Current assets / current liabilities0.56×
2024Current assets / current liabilities0.49×
2025Current assets / current liabilities51.5×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2021 2020-09-01 – 2021-08-31
−USD 154,239
Exact value

Exact value: -154239 USD

2020-09-01 – 2021-08-31: -154239 USD Inspect Net Income Open source
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−USD 76,361
Exact value

Exact value: -76361 USD

2020-09-01 – 2021-08-31: -76361 USD Inspect Operating Cash Flow Open source
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USD 427,296
Exact value

Exact value: 427296 USD

2020-09-01 – 2021-08-31: 427296 USD Inspect Capital Expenditure Open source
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−USD 503,657
Calculation and evidence

-76361 − 427296 USD

Exact free cash flow: -503657 USD

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2022 2021-09-01 – 2022-08-31
−USD 2.01 million
Exact value

Exact value: -2005233 USD

2021-09-01 – 2022-08-31: -2005233 USD Inspect Net Income Open source
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−USD 1.63 million
Exact value

Exact value: -1629243 USD

2021-09-01 – 2022-08-31: -1629243 USD Inspect Operating Cash Flow Open source
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USD 2.77 million
Exact value

Exact value: 2767306 USD

2021-09-01 – 2022-08-31: 2767306 USD Inspect Capital Expenditure Open source
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−USD 4.4 million
Calculation and evidence

-1629243 − 2767306 USD

Exact free cash flow: -4396549 USD

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2023 2022-09-01 – 2023-08-31
−USD 2.46 million
Exact value

Exact value: -2464884 USD

2022-09-01 – 2023-08-31: -2464884 USD Inspect Net Income Open source
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−USD 809,715
Exact value

Exact value: -809715 USD

2022-09-01 – 2023-08-31: -809715 USD Inspect Operating Cash Flow Open source
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USD 612,288
Exact value

Exact value: 612288 USD

2022-09-01 – 2023-08-31: 612288 USD Inspect Capital Expenditure Open source
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−USD 1.42 million
Calculation and evidence

-809715 − 612288 USD

Exact free cash flow: -1422003 USD

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2024 2023-09-01 – 2024-08-31
−USD 3.29 million
Exact value

Exact value: -3293000 USD

2023-09-01 – 2024-08-31: -3293000 USD Inspect Net Income Open source
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−USD 30,000
Exact value

Exact value: -30000 USD

2023-09-01 – 2024-08-31: -30000 USD Inspect Operating Cash Flow Open source
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USD 76,000
Exact value

Exact value: 76000 USD

2023-09-01 – 2024-08-31: 76000 USD Inspect Capital Expenditure Open source
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−USD 106,000
Calculation and evidence

-30000 − 76000 USD

Exact free cash flow: -106000 USD

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2025 2024-09-01 – 2025-08-31
USD 348.58 million
Exact value

Exact value: 348577000 USD

2024-09-01 – 2025-08-31: 348577000 USD Inspect Net Income Open source
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−USD 4.15 million
Exact value

Exact value: -4149000 USD

2024-09-01 – 2025-08-31: -4149000 USD Inspect Operating Cash Flow Open source
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USD 1.07 million
Exact value

Exact value: 1065000 USD

2024-09-01 – 2025-08-31: 1065000 USD Inspect Capital Expenditure Open source
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−USD 5.21 million
Calculation and evidence

-4149000 − 1065000 USD

Exact free cash flow: -5214000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

56 filings · 1,345 latest values · 1,345 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001829311, 1829311, BMNP, BMNR, edgar:1829311

Also known as BITMINE IMMERSION TECHNOLOGIES, INC., BITMINE IMMERSION TECHNOLOGIES, INC., Sandy Springs Holdings, Inc.