Hut 8 Corp. financial data

Symbol
HUT on Nasdaq
Industry
Finance Services
Location
1101 Brickell Avenue, Suite 1500, Miami, FL
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 89.6 %
Debt-to-equity 51 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 93.6M shares
Common Stock, Shares, Outstanding 93.5M shares +105%
Entity Public Float 778M USD
Common Stock, Value, Issued 935K USD
Weighted Average Number of Shares Outstanding, Basic 91.2M shares +111%
Weighted Average Number of Shares Outstanding, Diluted 96.4M shares +123%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 43.7M USD +102%
Cost of Revenue 17.6M USD +29.8%
General and Administrative Expense 16.2M USD +288%
Operating Income (Loss) -1.57M USD -136%
Nonoperating Income (Expense) 2.93M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.36M USD
Income Tax Expense (Benefit) 453K USD +643%
Net Income (Loss) Attributable to Parent 647K USD
Earnings Per Share, Basic 0.01 USD/shares
Earnings Per Share, Diluted 0.01 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 11.5M USD
Accounts Receivable, after Allowance for Credit Loss, Current 6.07M USD +1216%
Assets, Current 110M USD +391%
Operating Lease, Right-of-Use Asset 20.7M USD +4089%
Intangible Assets, Net (Excluding Goodwill) 14.7M USD +173%
Goodwill 56.4M USD
Assets 1.1B USD +514%
Accounts Payable, Current 15M USD
Employee-related Liabilities, Current 4.22M USD
Contract with Customer, Liability, Current 5.64M USD +317%
Liabilities, Current 110M USD +880%
Deferred Income Tax Liabilities, Net 3.15M USD +170%
Operating Lease, Liability, Noncurrent 18.8M USD +2146%
Liabilities 387M USD +148%
Retained Earnings (Accumulated Deficit) 79.4M USD
Stockholders' Equity Attributable to Parent 704M USD +2916%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 712M USD
Liabilities and Equity 1.1B USD +514%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -26.3M USD -1901%
Net Cash Provided by (Used in) Financing Activities -14.6M USD -155%
Net Cash Provided by (Used in) Investing Activities 23.3M USD +274%
Common Stock, Shares Authorized 1B shares +700%
Common Stock, Shares, Issued 93.5M shares +105%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -18.8M USD -1057%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 72.9M USD +472%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.68M USD -69.7%
Deferred Tax Assets, Valuation Allowance 73.8M USD
Deferred Tax Assets, Gross 100M USD
Operating Lease, Liability 21.4M USD +1626%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 8.57M USD
Lessee, Operating Lease, Liability, to be Paid 34.9M USD +2444%
Operating Lease, Liability, Current 2.61M USD +547%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.76M USD +869%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.96M USD +924%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure +71.4%
Deferred Income Tax Expense (Benefit) 2.27M USD +884%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 13.5M USD +10202%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.56M USD +11029%
Deferred Tax Assets, Operating Loss Carryforwards 57.7M USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 25M shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.25M USD
Operating Lease, Payments 699K USD +497%
Additional Paid in Capital 623M USD +1647%
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense 4.96M USD +1536%
Interest Expense 6.01M USD +6.28%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares