Bitdeer Technologies Group BTDR NASDAQ

NASDAQ Capital Marke • Technology • Software - Application • SG • USD

SharesGrow Score

52/100

2/7 Pass

SharesGrow Intrinsic Value

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

Bitdeer Technologies Group (BTDR) generated $-1.74B in operating cash flow for fiscal year 2025. After capital expenditures of $267.68M, free cash flow was $-2.01B.

Free cash flow margin was -323.5% of revenue. Cash conversion ratio was -26.51x, suggesting some earnings are non-cash.

The company returned $65.01M in share buybacks to shareholders during the period.

Criteria supported by this page:

HEALTH (17/100, Fail) — weak cash flow raises concerns about debt servicing
MOAT (20/100, Fail) — limited free cash flow weakens the competitive position
INCOME (55/100) — Cash conversion ratio was -26.51x suggests some earnings are non-cash items

Overall SharesGrow Score: 52/100 with 2/7 criteria passed.

SharesGrow 7-Criteria Score

52/100

SG Score

View full scorecard →

✓

VALUE

95/100

Price-to-Earnings & upside

→ Valuation

✓

FUTURE

94/100

Analyst consensus

→ Forecast

✗

PAST

25/100

→ Income

✗

HEALTH

17/100

Debt-to-Equity & liquidity

Proven by this page

✗

MOAT

20/100

Proven by this page

GROWTH

58/100

→ Income

INCOME

55/100

→ Income

Bitdeer Technologies Group Cash Flow History

Metric	TTM	FY2025	FY2024	FY2023	FY2022
Operating Cash Flow	$-1.78B	$-1.74B	$-622.07M	$-273.74M	$-268.04M
Capital Expenditure	$-270.35M	$-267.68M	$-127.22M	$-126.35M	$-349.19M
Free Cash Flow	$-2.05B	$-2.01B	$-749.29M	$-400.09M	$-617.23M