Yahoo Finance

Overview: BIT Mining Limited is a cryptocurrency mining company operating in Mainland China, the United States, and Hong Kong with a market cap of $32.55 million.

Operations: The company's revenue is primarily generated from its Data Center segment, which accounts for $33.50 million, and its Cryptocurrency Mining operations, contributing $19.06 million.

Market Cap: $32.55M

BIT Mining Limited, with a market cap of US$32.55 million, operates amidst the volatility typical of penny stocks. Despite being unprofitable, it has reduced losses over the past five years and maintains a strong balance sheet with short-term assets exceeding both its short and long-term liabilities. The company recently raised US$9.6 million through an equity offering to bolster its cash runway beyond one month. Earnings for H1 2024 showed sales of US$19.36 million and a net income turnaround from a previous loss, reflecting some financial resilience despite shareholder dilution in the past year.

• Click to explore a detailed breakdown of our findings in BIT Mining's financial health report.

• Understand BIT Mining's track record by examining our performance history report.

DUKE Robotics

Simply Wall St Financial Health Rating: ★★★★★★

Overview: DUKE Robotics Corp. operates as a robotics company with a market cap of $3.04 million.

Operations: DUKE Robotics Corp. has not reported any revenue segments.

Market Cap: $3.04M

DUKE Robotics Corp., with a market cap of US$3.04 million, is a pre-revenue company in the robotics sector, generating less than US$1 million annually. Despite being unprofitable, it has reduced losses by 10.3% annually over the past five years and maintains a sufficient cash runway for over two years if current cash flow trends continue. The management team and board are experienced, with average tenures of 5.5 and 6.4 years respectively. Recent changes include a corporate name change from UAS Drone Corp., effective November 2024, alongside an updated stock ticker symbol to DUKR.

• Get an in-depth perspective on DUKE Robotics' performance by reading our balance sheet health report here.

• Explore historical data to track DUKE Robotics' performance over time in our past results report.

Make It Happen

• Take a closer look at our US Penny Stocks list of 738 companies by clicking here.

• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.

• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

Curious About Other Options?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Jump on the AI train with fast growing tech companies forging a new era of innovation.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NYSEAM:WYY NYSE:BTCM and OTCPK:DUKR.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com