Hut 8 Corp. financial data

Industry
Finance Services
Location
1101 Brickell Avenue, Suite 1500, Miami, Florida
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 56.6 %
Debt-to-equity 65.3 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 89.2 M shares
Common Stock, Shares, Outstanding 88.5 M shares
Entity Public Float 778 M USD
Common Stock, Value, Issued 894 K USD
Weighted Average Number of Shares Outstanding, Basic 89.1 M shares +110%
Weighted Average Number of Shares Outstanding, Diluted 93.7 M shares +120%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 51.7 M USD +231%
Cost of Revenue 28.1 M USD +231%
General and Administrative Expense 20 M USD +214%
Operating Income (Loss) 267 M USD
Nonoperating Income (Expense) -4.16 M USD -121%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 263 M USD +1391%
Income Tax Expense (Benefit) 4.4 M USD +1421%
Net Income (Loss) Attributable to Parent 251 M USD +1348%
Earnings Per Share, Basic 2.9 USD/shares +607%
Earnings Per Share, Diluted 2.76 USD/shares +573%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 11.5 M USD
Accounts Receivable, after Allowance for Credit Loss, Current 7.74 M USD
Assets, Current 33.5 M USD
Operating Lease, Right-of-Use Asset 13.4 M USD
Intangible Assets, Net (Excluding Goodwill) 16.3 M USD
Goodwill 56.4 M USD
Assets 999 M USD
Accounts Payable, Current 15 M USD
Employee-related Liabilities, Current 4.22 M USD
Contract with Customer, Liability, Current 1.14 M USD
Liabilities, Current 108 M USD
Deferred Income Tax Liabilities, Net 2.88 M USD
Operating Lease, Liability, Noncurrent 13.1 M USD
Liabilities 258 M USD
Retained Earnings (Accumulated Deficit) 151 M USD
Stockholders' Equity Attributable to Parent 732 M USD +2446%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 741 M USD
Liabilities and Equity 999 M USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -26.3 M USD -1901%
Net Cash Provided by (Used in) Financing Activities -14.6 M USD -155%
Net Cash Provided by (Used in) Investing Activities 23.3 M USD +274%
Common Stock, Shares Authorized 1 B shares
Common Stock, Shares, Issued 89.5 M shares
Common Stock, Par or Stated Value Per Share 0.01 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -18.8 M USD -1057%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 12.2 M USD +40.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.68 M USD -69.7%
Deferred Tax Assets, Valuation Allowance 73.8 M USD
Deferred Tax Assets, Gross 100 M USD
Operating Lease, Liability 14.4 M USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 240 M USD +1284%
Lessee, Operating Lease, Liability, to be Paid 16.5 M USD
Operating Lease, Liability, Current 1.31 M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.82 M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 2.97 M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure +57.1%
Deferred Income Tax Expense (Benefit) 2.27 M USD +884%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.05 M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.56 M USD
Deferred Tax Assets, Operating Loss Carryforwards 57.7 M USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 25 M shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.11 M USD
Operating Lease, Payments 699 K USD +497%
Additional Paid in Capital 581 M USD
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense 4.47 M USD +333%
Interest Expense 6.28 M USD -17.1%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares