Core Scientific, Inc. (CORZ) Income Statement Analysis

See more : Austerlitz Acquisition Corporation II (ASZ) Income Statement Analysis – Financial Results

Complete financial analysis of Core Scientific, Inc. (CORZ) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Core Scientific, Inc., a leading company in the Software – Infrastructure industry within the Technology sector.

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Core Scientific, Inc. (CORZ)

Industry: Software - Infrastructure

Sector: Technology

Website: https://www.corescientific.com

About Core Scientific, Inc.

Core Scientific, Inc. operates facilities for digital asset mining and colocation services in North America. It provides blockchain infrastructure, software solutions, and services. The company mines digital assets for its own account and provides hosting colocation services for other large-scale miners. It operates in two segments, Equipment Sales and Hosting. The company owns and operates computer equipment that is used to process transactions conducted on one or more blockchain networks in exchange for transaction processing fees rewarded in digital currency assets, commonly referred to as mining; and datacenter facilities to provide colocation and hosting services for distributed ledger technology, also commonly known as blockchain. It also develops blockchain-based platforms and applications, including infrastructure management, security technologies, mining optimization, and recordkeeping. The company is headquartered in Austin, Texas. On December 21, 2022, Core Scientific, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

Metric	2023	2022	2021	2020	2019
Revenue	502.40M	640.31M	544.48M	60.32M	59.52M
Cost of Revenue	378.94M	631.91M	305.62M	50.93M	49.00M
Gross Profit	123.46M	8.40M	238.86M	9.39M	10.53M
Gross Profit Ratio	24.57%	1.31%	43.87%	15.57%	17.69%
Research & Development	7.18M	26.96M	7.67M	5.27M	5.48M
General & Administrative	93.91M	213.28M	60.49M	14.55M	13.78M
Selling & Marketing	7.02M	12.73M	4.06M	1.77M	2.83M
SG&A	100.93M	226.01M	64.55M	10.40K	16.61M
Other Expenses	0.00	-192.09M	-16.05M	-110.00K	0.00
Operating Expenses	108.11M	252.97M	72.22M	10.40K	22.21M
Cost & Expenses	487.05M	884.89M	377.84M	10.40K	71.21M
Interest Income	0.00	0.00	0.00	0.00	235.00K
Interest Expense	86.24M	96.83M	44.35M	4.44M	235.00K
Depreciation & Amortization	96.45M	226.09M	33.36M	9.40M	6.12M
EBITDA	-63.12M	-1.84B	167.61M	-10.40K	-4.64M
EBITDA Ratio	-12.56%	-2.89%	36.73%	-0.02%	-7.79%
Operating Income	8.96M	-244.57M	166.64M	-10.40K	-10.76M
Operating Income Ratio	1.78%	-38.20%	30.61%	-0.02%	-18.07%
Total Other Income/Expenses	-254.77M	-53.86M	-68.42M	-5.88M	-235.00K
Income Before Tax	-245.80M	-2.16B	63.08M	-10.40K	-11.92M
Income Before Tax Ratio	-48.93%	-337.87%	11.58%	-0.02%	-20.03%
Income Tax Expense	683.00K	-17.09M	15.76M	-4.97M	0.00
Net Income	-246.49M	-2.15B	47.31M	-10.40K	-11.92M
Net Income Ratio	-49.06%	-335.20%	8.69%	-0.02%	-20.03%
EPS	-0.65	-6.30	0.23	0.00	-0.12
EPS Diluted	-0.65	-6.30	0.20	0.00	-0.12
Weighted Avg Shares Out	379.86M	340.65M	207.26M	43.13M	98.68M
Weighted Avg Shares Out (Dil)	379.86M	340.65M	233.31M	43.13M	98.68M

Trinity Capital Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

March 6, 2024prnewswire.com

Record Quarterly Net Investment Income of $25.1 Million in Q4 Record Annual Net Investment Income of $89.9 Million in 2023 Return on Average Equity Hits 16.9% in Q4 PHOENIX, March 6, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the...