Hut 8 Corp. financial data

Symbol
HUT on Nasdaq
Industry
Finance Services
Location
1101 Brickell Avenue, Suite 1500, Miami, FL
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 89.9 %
Debt-to-equity 57.1 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 91.1M shares
Common Stock, Shares, Outstanding 90.9M shares +111%
Entity Public Float 778M USD
Common Stock, Value, Issued 909K USD +110%
Weighted Average Number of Shares Outstanding, Basic 90.2M shares +109%
Weighted Average Number of Shares Outstanding, Diluted 90.2M shares +109%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 35.2M USD +71.5%
Cost of Revenue 20.6M USD +72.2%
General and Administrative Expense 17.9M USD +243%
Operating Income (Loss) -86.7M USD -9372%
Nonoperating Income (Expense) 14.4M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -72.3M USD -5202%
Income Tax Expense (Benefit) -1.87M USD -682%
Net Income (Loss) Attributable to Parent -71.9M USD -4163%
Earnings Per Share, Basic -0.78 USD/shares -1850%
Earnings Per Share, Diluted -0.78 USD/shares -1850%

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 5.86M USD +821%
Assets, Current 196M USD +910%
Operating Lease, Right-of-Use Asset 13M USD +2334%
Intangible Assets, Net (Excluding Goodwill) 15.3M USD +177%
Goodwill 55.8M USD
Assets 1.09B USD +472%
Accounts Payable, Current 15M USD
Employee-related Liabilities, Current 4.22M USD
Contract with Customer, Liability, Current 554K USD -46.3%
Liabilities, Current 117M USD +1030%
Deferred Income Tax Liabilities, Net 2.66M USD +82.6%
Operating Lease, Liability, Noncurrent 12.3M USD +1204%
Liabilities 419M USD +157%
Retained Earnings (Accumulated Deficit) 78.8M USD
Stockholders' Equity Attributable to Parent 660M USD +2312%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 668M USD
Liabilities and Equity 1.09B USD +472%

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 0%
Common Stock, Shares, Issued 90.9M shares +111%
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 176M USD +1597%
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 13.8M USD +932%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -79.1M USD -4593%
Lessee, Operating Lease, Liability, to be Paid 25.2M USD
Operating Lease, Liability, Current 1.51M USD +282%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.71M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 2.91M 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 11.4M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.45M USD
Deferred Tax Assets, Operating Loss Carryforwards 57.7M USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 25M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.06M USD
Operating Lease, Payments 699K USD +497%
Additional Paid in Capital 588M USD +341%
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense 7.01M USD +2132%
Interest Expense 6.01M USD +6.28%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%