Financial Snapshot

Revenue
$158.7M
TTM
Gross Margin
64.22%
TTM
Net Earnings
$18.13M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
848.95%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$690.8M
Q2 2024
Cash
Q2 2024
P/E
56.05
Sep 13, 2024 EST
Free Cash Flow
-$241.9M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $126.8M $3.037M $0.00 $0.00
YoY Change 4076.56%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $126.8M $3.037M $0.00 $0.00
Cost Of Revenue $50.31M $748.0K
Gross Profit $76.53M $2.289M
Gross Profit Margin 60.34% 75.37%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $85.20M $70.84M $72.15M $3.480K
YoY Change 20.27% -1.82% 2073087.93%
% of Gross Profit 111.32% 3094.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $59.00M $4.400M $4.870K $10.00
YoY Change 1240.91% 90249.08% 48600.0%
% of Gross Profit 77.09% 192.22%
Operating Expenses $134.3M $74.76M $72.15M $3.480K
YoY Change 79.71% 3.61% 2073227.87%
Operating Profit -$20.12M -$37.42M
YoY Change -46.25%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense $1.999M $137.0K -$22.58K
YoY Change 1359.12% -706.73%
% of Operating Profit
Other Income/Expense, Net -$17.00K $130.0K $21.83K
YoY Change -113.08% 495.51%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$22.21M -$37.21M -$72.15M -$3.480K
YoY Change -40.32% -48.42% 2073249.43%
Income Tax $3.567M $1.840M
% Of Pretax Income
Net Earnings -$25.78M -$39.05M -$72.15M -$3.480K
YoY Change -33.99% -45.87% 2073249.43%
Net Earnings / Revenue -20.32% -1285.91%
Basic Earnings Per Share -$0.10 -$0.16
Diluted Earnings Per Share -$0.10 -$0.16 -$330.9K -$14.09

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $119.1M $18.21M $209.8M
YoY Change 553.94% -91.32%
Cash & Equivalents $86.11M $11.93M $209.8M
Short-Term Investments $32.98M $6.283M
Other Short-Term Assets $35.55M $28.33M $13.82M
YoY Change 25.5% 104.97%
Inventory
Prepaid Expenses
Receivables $622.0K $98.00K
Other Receivables $245.0K $1.102M
Total Short-Term Assets $155.5M $47.74M $223.7M
YoY Change 225.75% -78.66%
Property, Plant & Equipment $250.9M $196.9M $5.124M $1.640K
YoY Change 27.44% 3741.93% 312355.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $35.26M $37.48M
YoY Change -5.92%
Other Assets $116.4M $136.4M $125.4M $171.5K
YoY Change -14.66% 8.77% 73030.87%
Total Long-Term Assets $410.6M $370.7M $130.5M
YoY Change 10.77% 184.07%
Total Assets $566.1M $418.5M $354.2M $173.1K
YoY Change
Accounts Payable $6.534M $17.37M $241.8K $1.920K
YoY Change -62.38% 7084.4% 12491.67%
Accrued Expenses $23.61M $20.38M $257.5K $174.7K
YoY Change 15.81% 7816.04% 47.43%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.404M $2.567M
YoY Change 32.61%
Total Short-Term Liabilities $33.79M $40.33M $499.3K $176.6K
YoY Change -16.2% 7977.32% 182.75%
Long-Term Debt $11.13M $12.23M $0.00 $0.00
YoY Change -9.0%
Other Long-Term Liabilities $24.67M $21.18M $136.8K
YoY Change 16.52% 15379.53%
Total Long-Term Liabilities $35.80M $33.41M $136.8K $0.00
YoY Change 7.18% 24318.86%
Total Liabilities $74.80M $75.57M $636.1K $176.6K
YoY Change -1.02% 11781.3% 260.23%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 252.4M 248.2M
Diluted Shares Outstanding 252.4M 248.2M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $1.0164 Billion

About Cipher Mining Inc

Cipher Mining, Inc. operates as a Bitcoin mining ecosystem in the United States. The company is headquartered in New York City, New York and currently employs 35 full-time employees. The company went IPO on 2020-10-20. The firm is focused on the development and operation of bitcoin mining data centers. The Company, through its subsidiaries, including Cipher Mining Technologies Inc., operates four bitcoin mining data centers in Texas. The company is also developing an additional data center in Winkler County, Texas. Its Odessa data center (the Odessa Facility), which is its wholly owned 207 megawatts (MW) facility located in Odessa, Texas. The Odessa Facility is capable of producing approximately 6.4 exahash per second (EH/s). Its Alborz data center (the Alborz Facility) is located near Happy, Texas. Its Bear data center (the Bear Facility) is located near Andrews, Texas. Its Chief data center (the Chief Facility) is also located near Andrews, Texas. The Chief Facility is a 10 megawatts (MW) data center that is connected to the local electrical grid.

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