Marathon Digital Holdings, Inc. financial data

Symbol
MARA on Nasdaq
Industry
Services-Computer Processing & Data Preparation
Location
1180 N. Town Center Drive, Suite 100, Las Vegas, Nevada
State of incorporation
Nevada
Fiscal year end
December 31
Former names
Marathon Patent Group, Inc. (to 2/19/2021), American Strategic Minerals Corp (to 2/20/2013), VERVE VENTURES INC (to 12/9/2011)
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 2.06K % +202%
Return On Equity 33.6 %
Return On Assets 24.9 %
Operating Margin 93.4 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 283M shares +62.3%
Common Stock, Shares, Outstanding 269M shares +60.8%
Entity Public Float 2.4B USD +300%
Common Stock, Value, Issued 27K USD +58.8%
Weighted Average Number of Shares Outstanding, Basic 259M shares +62.8%
Weighted Average Number of Shares Outstanding, Diluted 268M shares +58.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 502M USD +223%
Revenue from Contract with Customer, Excluding Assessed Tax 82M USD -3.51%
Cost of Revenue 26.4M USD +997%
Research and Development Expense 2.47M USD +1080%
General and Administrative Expense 153M USD +172%
Operating Income (Loss) 469M USD +203%
Nonoperating Income (Expense) -65M USD -149%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 534M USD +216%
Income Tax Expense (Benefit) 54.4M USD +50635%
Net Income (Loss) Attributable to Parent 480M USD +184%
Earnings Per Share, Basic 1.96 USD/shares +73.3%
Earnings Per Share, Diluted 1.6 USD/shares +75%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 324M USD +160%
Assets, Current 1.64B USD +325%
Property, Plant and Equipment, Net 273M USD -1.17%
Operating Lease, Right-of-Use Asset 9M USD +663%
Intangible Assets, Net (Excluding Goodwill) 21.7M USD
Goodwill 30.9M USD
Assets 2.96B USD +127%
Accounts Payable, Current 33.3M USD +929%
Employee-related Liabilities, Current 6.07M USD +159%
Accrued Liabilities, Current 32.2M USD +81.6%
Liabilities, Current 71.1M USD +199%
Deferred Income Tax Liabilities, Net 52.8M USD +70356%
Operating Lease, Liability, Noncurrent 13.1M USD +1337%
Other Liabilities, Noncurrent 17M USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -451K USD 0%
Retained Earnings (Accumulated Deficit) -230M USD +72.8%
Stockholders' Equity Attributable to Parent 2.48B USD +354%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.48B USD +262%
Liabilities and Equity 2.96B USD +127%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -88.3M USD +3.41%
Net Cash Provided by (Used in) Financing Activities 472M USD +317%
Net Cash Provided by (Used in) Investing Activities -417M USD -4340%
Common Stock, Shares Authorized 500M shares +150%
Common Stock, Shares, Issued 269M shares +60.8%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -33M USD -367%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 78M USD -40.2%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 217M USD +40%
Operating Lease, Liability 9.43M USD
Depreciation 240M USD +191%
Payments to Acquire Property, Plant, and Equipment 9.09M USD -47.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 261M USD
Lessee, Operating Lease, Liability, to be Paid 13.1M USD
Property, Plant and Equipment, Gross 1.08B USD +43.7%
Operating Lease, Liability, Current 1.35M USD +302%
Lessee, Operating Lease, Liability, to be Paid, Year Two 203K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 168K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +40%
Deferred Income Tax Expense (Benefit) 15.3M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.69M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 817K USD
Deferred Tax Assets, Operating Loss Carryforwards 144M USD +196%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 66.1M USD
Current Income Tax Expense (Benefit) 1.14M USD +55.5%
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 5.3M USD +0.84%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.56M USD
Operating Lease, Payments 2K USD -88.2%
Additional Paid in Capital 2.71B USD +94.3%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 1.14M USD +55.5%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 2.97M USD
Deferred Tax Assets, Net of Valuation Allowance 139M USD +468%
Deferred State and Local Income Tax Expense (Benefit) 1.66M USD
Interest Expense 7.85M USD -50.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%