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

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 51.7M USD +231%
Cost of Revenue 28.1M USD +231%
General and Administrative Expense 20M USD +214%
Operating Income (Loss) 267M USD
Nonoperating Income (Expense) -4.16M USD -121%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 263M USD +1391%
Income Tax Expense (Benefit) 4.4M USD +1421%
Net Income (Loss) Attributable to Parent 251M 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 11.5M USD
Accounts Receivable, after Allowance for Credit Loss, Current 7.74M USD
Assets, Current 33.5M USD
Operating Lease, Right-of-Use Asset 13.4M USD
Intangible Assets, Net (Excluding Goodwill) 16.3M USD
Goodwill 56.4M USD
Assets 999M USD
Accounts Payable, Current 15M USD
Employee-related Liabilities, Current 4.22M USD
Contract with Customer, Liability, Current 1.14M USD
Liabilities, Current 108M USD
Deferred Income Tax Liabilities, Net 2.88M USD
Operating Lease, Liability, Noncurrent 13.1M USD
Liabilities 258M USD
Retained Earnings (Accumulated Deficit) 151M USD
Stockholders' Equity Attributable to Parent 732M USD +2446%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 741M USD
Liabilities and Equity 999M USD

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
Common Stock, Shares, Issued 89.5M 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 -18.8M USD -1057%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 12.2M USD +40.4%
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 14.4M USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 240M USD +1284%
Lessee, Operating Lease, Liability, to be Paid 16.5M USD
Operating Lease, Liability, Current 1.31M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.82M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 2.97M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure +57.1%
Deferred Income Tax Expense (Benefit) 2.27M USD +884%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.05M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.56M USD
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 2.11M USD
Operating Lease, Payments 699K USD +497%
Additional Paid in Capital 581M USD
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense 4.47M USD +333%
Interest Expense 6.28M USD -17.1%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares