See more : FirstEnergy Corp. (FE) 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 |
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of TeraWulf Inc. - WULF
NEW YORK, NY / ACCESSWIRE / September 7, 2024 / Pomerantz LLP is investigating claims on behalf of investors of TeraWulf Inc. ("TeraWulf" or the "Company") (NASDAQ:WULF). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of TeraWulf Inc. - WULF
NEW YORK, NY / ACCESSWIRE / September 5, 2024 / Pomerantz LLP is investigating claims on behalf of investors of TeraWulf Inc. ("TeraWulf" or the "Company") (NASDAQ:WULF). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
Bitcoin Miner TeraWulf Leads Early HPC Market Entry, Analyst Projects $610M Revenue By 2026
Needham analyst John Todaro initiated coverage on TeraWulf Inc (NASDAQ:WULF) with a Buy rating and a price target of $6. Todaro noted that TeraWulf is one of the best miners for converting data center capacity to High-Performance Computing (HPC).
TeraWulf Announces August 2024 Production and Operations Update
Significant advancements of AI/HPC digital infrastructure at Lake Mariner 10.0 EH/s of installed and operational self-mining capacity, doubling year-over-year EASTON, Md., Sept. 04, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of TeraWulf Inc. - WULF
NEW YORK , Sept. 3, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of TeraWulf Inc. ("TeraWulf" or the "Company") (NASDAQ: WULF).
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of TeraWulf Inc. - WULF
NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Pomerantz LLP is investigating claims on behalf of investors of TeraWulf Inc. ("TeraWulf" or the "Company") (NASDAQ:WULF). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of TeraWulf Inc. - WULF
NEW YORK , Aug. 26, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of TeraWulf Inc. ("TeraWulf" or the "Company") (NASDAQ: WULF). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of TeraWulf Inc. - WULF
NEW YORK, NY / ACCESSWIRE / August 24, 2024 / Pomerantz LLP is investigating claims on behalf of investors of TeraWulf Inc. ("TeraWulf" or the "Company") (NASDAQ: WULF). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980,...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of TeraWulf Inc. - WULF
NEW YORK, NY / ACCESSWIRE / August 22, 2024 / Pomerantz LLP is investigating claims on behalf of investors of TeraWulf Inc. ("TeraWulf" or the "Company") (NASDAQ:WULF). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of TeraWulf Inc. - WULF
NEW YORK, NY / ACCESSWIRE / August 21, 2024 / Pomerantz LLP is investigating claims on behalf of investors of TeraWulf Inc. ("TeraWulf" or the "Company") (NASDAQ:WULF). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
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.