See more : Defiance Silver Corp. (DNCVF) Income Statement Analysis – Financial Results
Complete financial analysis of Hut 8 Mining Corp. (HUT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Hut 8 Mining Corp., a leading company in the Financial – Capital Markets industry within the Financial Services sector.
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Hut 8 Mining Corp. (HUT)
About Hut 8 Mining Corp.
Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. The company engages in industrial scale bitcoin mining operations. It also owns and operates 38 BlockBoxes in Drumheller, Alberta; and 51 BlockBoxes in Medicine Hat, Alberta. Hut 8 Mining Corp. was incorporated in 2011 and is headquartered in Toronto, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 81.80M | 150.68M | 173.77M | 40.71M | 81.99M | 49.44M | 6.74M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 60.63M | 175.65M | 84.98M | 61.81M | 79.86M | 72.92M | 788.53K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 21.17M | -24.97M | 88.80M | -21.10M | 2.13M | -23.48M | 5.95M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 25.88% | -16.57% | 51.10% | -51.83% | 2.60% | -47.50% | 88.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 93.15M | 42.16M | 29.57M | 2.57M | 4.76M | 7.76M | 3.25M | 105.96K | 105.44K | 57.11K | 225.22K | 168.87K | 0.00 |
| Selling & Marketing | -58.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 133.96K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 34.43M | 42.16M | 29.57M | 2.57M | 4.76M | 7.76M | 3.38M | 105.96K | 105.44K | 57.11K | 225.22K | 168.87K | 0.00 |
| Other Expenses | 0.00 | 8.31M | 10.69M | 5.65K | -67.25K | 448.26K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 34.43M | 50.47M | 40.26M | 2.57M | 4.76M | 25.62M | 5.28M | 105.96K | 105.44K | 57.11K | 225.22K | 168.87K | 0.00 |
| Cost & Expenses | 95.06M | 226.12M | 125.24M | 64.38M | 84.62M | 98.55M | 6.07M | 105.96K | 105.44K | 57.11K | 225.22K | 168.87K | 0.00 |
| Interest Income | 31.01M | 922.00K | 2.85M | 8.30K | 41.24K | 32.41K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 7.59M | 1.36M | 2.45M | 4.83M | 904.51K | 0.00 | 0.00 | 0.00 | 25.00K | 0.00 | 2.00K | 0.00 |
| Depreciation & Amortization | 14.61M | 94.53M | 25.96M | 4.75M | 33.05M | 47.02M | 924.95K | 22.82K | 0.00 | 25.00K | 0.00 | -2.00K | 0.00 |
| EBITDA | 1.36M | 3.57M | 74.67M | -2.39M | 30.40M | -2.76M | 2.30M | -105.96K | -105.44K | -32.11K | -225.22K | -168.87K | 0.00 |
| EBITDA Ratio | 1.66% | 2.37% | 42.97% | -5.87% | 37.07% | -5.58% | 34.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -13.26M | -90.96M | 48.72M | -7.14M | -2.66M | -49.11M | 1.38M | -105.96K | -105.44K | -57.11K | -225.22K | -166.87K | 0.00 |
| Operating Income Ratio | -16.21% | -60.37% | 28.03% | -17.53% | -3.24% | -99.33% | 20.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 21.07M | -142.26M | -115.81M | 11.13M | 4.79M | -85.63M | -703.96K | 0.00 | 0.00 | -25.00K | 0.00 | -2.00K | 0.00 |
| Income Before Tax | 7.81M | -233.22M | -67.09M | 3.99M | 2.13M | -136.77M | 673.63K | -105.96K | -105.44K | -82.11K | -225.22K | -168.87K | 0.00 |
| Income Before Tax Ratio | 9.55% | -154.78% | -38.61% | 9.80% | 2.60% | -276.63% | 10.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | -568.22K | 9.59M | 5.62M | -15.05M | 4.76M | 86.08M | 106.56K | 0.00 | 0.00 | 25.00K | 0.00 | 2.00K | 0.00 |
| Net Income | 8.38M | -242.81M | -72.71M | 19.04M | -2.63M | -136.77M | 567.07K | -105.96K | -105.44K | -82.11K | -225.22K | -168.87K | 0.00 |
| Net Income Ratio | 10.24% | -161.14% | -41.84% | 46.77% | -3.21% | -276.63% | 8.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 0.16 | -6.47 | -2.71 | 1.01 | -0.15 | -2.43 | 0.04 | -0.19 | -0.19 | -0.14 | -0.40 | -0.40 | 0.00 |
| EPS Diluted | 0.10 | -2.98 | -1.05 | 0.27 | -0.03 | -2.43 | 0.01 | -0.19 | -0.19 | -0.14 | -0.40 | -0.40 | 0.00 |
| Weighted Avg Shares Out | 51.27M | 37.55M | 26.83M | 18.77M | 17.88M | 56.19M | 16.06M | 568.41K | 568.41K | 568.41K | 568.41K | 421.73K | 246.31K |
| Weighted Avg Shares Out (Dil) | 81.48M | 81.48M | 69.27M | 69.27M | 84.25M | 56.19M | 43.63M | 568.41K | 568.41K | 568.41K | 568.41K | 421.73K | 246.31K |
Hut 8 GPU-as-a-Service Vertical Goes Live with Inaugural Deployment
MIAMI, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today announced that its...
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Miami, FL, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today announced that...
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18.5 EH/s and 762 MW under management in mining Energized Building 1 at Cedarvale Miami, FL, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale...
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Hut 8 Corp (NASDAQ:HUT) stock tanked in early Tuesday trading after the company reported mixed second-quarter earnings. The stock price saw redemption on Wednesday.
Hut 8 Corp.'s Earnings: Is Crypto Mining About to Change?
Hut 8 Corp. NASDAQ: HUT is a vertically integrated cryptocurrency mining company operating in North America. It is one of the largest operators of large-scale energy infrastructure and provides a comprehensive suite of services, including self-mining, hosting, managed services, and...
Source: https://incomestatements.info
Category: Stock Reports