See more : Hong Kong Aerospace Technology Group Limited (1725.HK) Income Statement Analysis – Financial Results
Complete financial analysis of TeraWulf Inc. (WULF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of TeraWulf Inc., a leading company in the Financial – Capital Markets industry within the Financial Services sector.
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TeraWulf Inc. (WULF)
About TeraWulf Inc.
TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States. It develops, owns, and operates bitcoin mining facility sites. The company operates two bitcoin mining facility sites located in New York and Pennsylvania. TeraWulf Inc. is based in Easton, Maryland.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2000 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 69.23M | 15.03M | 12.74M | 13.43M | 17.62M | 18.21M | 17.24M | 17.57M | 17.56M | 10.37M |
| Cost of Revenue | 27.32M | 11.08M | 52.00K | 9.53M | 12.22M | 11.96M | 11.51M | 11.33M | 11.42M | 0.00 |
| Gross Profit | 41.91M | 3.95M | 12.69M | 3.91M | 5.40M | 6.25M | 5.73M | 6.24M | 6.14M | 10.37M |
| Gross Profit Ratio | 60.54% | 26.28% | 99.59% | 29.07% | 30.63% | 34.34% | 33.23% | 35.50% | 34.99% | 100.00% |
| Research & Development | 0.00 | 0.00 | 418.43K | 671.49K | 777.28K | 677.24K | 688.69K | 647.07K | 614.40K | 685.54K |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 41.91M | 36.05M | 43.35M | 5.02M | 5.48M | 5.35M | 5.51M | 5.61M | 5.26M | 3.89M |
| Other Expenses | 29.43M | 10.19M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 135.01K | 0.00 |
| Operating Expenses | 71.34M | 46.24M | 43.35M | 5.69M | 6.26M | 6.03M | 6.20M | 6.26M | 5.88M | 4.58M |
| Cost & Expenses | 98.65M | 57.32M | 43.40M | 15.22M | 18.48M | 17.99M | 17.71M | 17.59M | 17.30M | 4.58M |
| Interest Income | 0.00 | 24.68M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 61.12K |
| Interest Expense | 34.81M | 24.68M | 2.26M | 2.46M | 90.06K | -90.58K | -83.08K | -58.22K | 0.00 | 0.00 |
| Depreciation & Amortization | 29.35M | 6.97M | 52.00K | 698.05K | 671.87K | 795.32K | 875.14K | 794.54K | 684.57K | 0.00 |
| EBITDA | 161.00K | -38.83M | -43.35M | -1.79M | -223.63K | 1.07M | 434.07K | 783.70K | 909.58K | 302.89K |
| EBITDA Ratio | 0.23% | -234.94% | -340.13% | -13.30% | -1.09% | 5.61% | 2.38% | 4.40% | 5.42% | 2.92% |
| Operating Income | -29.42M | -42.29M | -43.40M | -1.79M | -863.68K | 225.82K | -464.61K | -22.00K | 266.82K | 302.89K |
| Operating Income Ratio | -42.50% | -281.30% | -340.54% | -13.30% | -4.90% | 1.24% | -2.69% | -0.13% | 1.52% | 2.92% |
| Total Other Income/Expenses | -34.58M | -26.73M | -2.26M | 1.14M | -121.88K | -40.36K | -59.54K | -47.06K | -41.81K | 61.12K |
| Income Before Tax | -64.00M | -70.48M | -45.65M | -649.32K | -985.56K | 185.47K | -524.15K | -69.06K | 225.01K | 364.01K |
| Income Before Tax Ratio | -92.45% | -468.82% | -358.23% | -4.83% | -5.59% | 1.02% | -3.04% | -0.39% | 1.28% | 3.51% |
| Income Tax Expense | 10.49M | -256.00K | -615.00K | -210.00K | -172.00K | 46.00K | -298.00K | -4.00K | 90.00K | 109.00K |
| Net Income | -73.42M | -70.22M | -95.68M | -439.32K | -813.56K | 139.47K | -226.15K | -65.06K | 135.01K | 255.01K |
| Net Income Ratio | -106.06% | -467.12% | -750.80% | -3.27% | -4.62% | 0.77% | -1.31% | -0.37% | 0.77% | 2.46% |
| EPS | -0.35 | -0.63 | -1.12 | -0.22 | -0.41 | 0.07 | -0.11 | -0.03 | 0.07 | 0.20 |
| EPS Diluted | -0.35 | -0.63 | -1.12 | -0.22 | -0.41 | 0.07 | -0.11 | -0.03 | 0.07 | 0.20 |
| Weighted Avg Shares Out | 209.96M | 110.64M | 85.20M | 1.98M | 1.98M | 1.98M | 2.01M | 2.02M | 2.02M | 1.30M |
| Weighted Avg Shares Out (Dil) | 209.96M | 110.64M | 85.20M | 1.98M | 1.98M | 1.98M | 2.01M | 2.02M | 2.02M | 1.30M |
TeraWulf Announces November 2024 Production and Operations Update
Completed critical electrical upgrades to support Lake Mariner HPC hosting and mining buildings Remain on schedule to deliver 72.5 MW of HPC hosting capacity by the end of Q2 2025 Successfully installed approximately 7,400 state-of-the-art S21 Pro miners Achieved 8.4...
TeraWulf Announces Promotion of Sean Farrell to Chief Operating Officer
Farrell to Drive Operational Execution as the Company Scales Data Center Infrastructure Farrell to Drive Operational Execution as the Company Scales Data Center Infrastructure
TeraWulf price target raised to $9.50 from $6 at Needham
Needham raised the firm's price target on TeraWulf to $9.50 from $6 and keeps a Buy rating on the shares. The company's Q3 top-line and EBITDA missed as mining came in lighter than expected, though the firm is adjusting its...
TeraWulf's Big Rally Isn't Done Yet
TeraWulf remains in a strong uptrend, with bullish technical indicators despite being overbought, suggesting pullbacks will be buying opportunities. TeraWulf's fundamentals show growth, with a 117% sales increase forecast this year and a shift to profitability expected in the next...
TeraWulf Inc. (WULF) Q3 2024 Earnings Conference Call Transcript
TeraWulf Inc. (NASDAQ:WULF ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants John Loftin - SVP, Director of IR Paul Prager - CEO Patrick Fleury - CFO Conference Call Participants Lucas Pipes - B. Riley...
TeraWulf (WULF) Soars 23.5%: Is Further Upside Left in the Stock?
TeraWulf (WULF) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
TeraWulf Announces October 2024 Production and Operations Update
Accelerating delivery of 72.5 MW high-performance computing (HPC) hosting capacity by end of Q2 2025 8.1 EH/s of operational self-mining capacity, up 62% year-over-year EASTON, Md., Nov. 04, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”),...
TeraWulf Schedules Conference Call for Third Quarter 2024 Financial Results
EASTON, Md., Oct. 29, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced that it will hold its earnings...
Why This Green Bitcoin Miner Could Be the Next Big AI Infrastructure Stock
A bitcoin mining company powered by 95% zero-carbon energy is transforming itself into a major AI infrastructure player just as tech giants scramble for sustainable computing power.
TeraWulf Inc. Announces Closing of $500 Million 2.75% Convertible Senior Notes Offering
EASTON, Md., Oct. 25, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today completed its previously announced offering of 2.75%...
Source: https://incomestatements.info
Category: Stock Reports
How did TeraWulf’s self-mining hash rate change in Q3 2024?
10.0 EH/s
What were the key financial highlights of TeraWulf’s Q3 2024?
Self-mined 555 bitcoin across the Lake Mariner and Nautilus Cryptomine facilities, which represented a 43.4% decrease relative to in Q3 2023.
Total value of bitcoin self-mined 1 of $33.9 million in Q3 2024 compared to $27.6 million in Q3 2023.
What were TeraWulf’s Q3 2024 revenue and EBITDA?
Q3 2024 Revenue of $27.1 million and Non-GAAP Adjusted EBITDA of $6.0 million. Revenue growth of 42.8% year-over-year for the three-month period ended September 30, 2024. Operational self-mining capacity as of September 30, 2024 increased 100% year-over-year to 10.0 EH/s.
How did TeraWulf’s cost of revenue change in Q3 2024?
Cost of revenue (exclusive of depreciation) increased to $14.7 million in Q3 2024 compared to $8.3 million in Q3 2023. Total self-mining hashrate capacity of 10.0 EH/s as of September 30, 2024, representing an increase of 100.0% relative to the same prior year period.