Financial Snapshot

Revenue
$215.9M
TTM
Gross Margin
62.96%
TTM
Net Earnings
$137.3M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
1267.38%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$2.022B
Q4 2024
Cash
Q4 2024
P/E
31.28
Dec 02, 2024 EST
Free Cash Flow
-$187.0M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $379.0M $168.4M $131.5M $49.44M $10.03M $4.530M $580.0K $450.0K $80.00K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 125.03% 28.04% 166.04% 392.9% 121.41% 681.03% 28.89% 462.5%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $379.0M $168.4M $131.5M $49.44M $10.03M $4.530M $580.0K $450.0K $80.00K $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $165.5M $93.58M $41.23M $13.96M $7.910M $3.860M $390.0K $300.0K $30.00K $0.00 $0.00
Gross Profit $213.5M $74.83M $90.29M $35.47M $2.120M $670.0K $190.0K $150.0K $50.00K $0.00 $0.00
Gross Profit Margin 56.32% 44.43% 68.65% 71.75% 21.14% 14.79% 32.76% 33.33% 62.5%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $77.41M $57.81M $38.92M $14.43M $7.010M $3.130M $1.650M $2.010M $3.420M $60.00K $30.00K $10.00K $30.00K
YoY Change 33.89% 48.54% 169.72% 105.85% 123.96% 89.7% -17.91% -41.23% 5600.0% 100.0% 200.0% -66.67%
% of Gross Profit 103.45% 64.03% 109.72% 680.66% 1046.27% 1647.37% 1100.0% 4020.0%
Research & Development $0.00 $0.00 $10.00K $0.00 $0.00 $50.00K
YoY Change -100.0% -100.0%
% of Gross Profit 0.0% 0.0% 5.26% 0.0% 0.0%
Depreciation & Amortization $154.6M $120.7M $49.04M $12.24M $2.830M $3.350M $2.230M $3.320M $580.0K $0.00 $0.00 $0.00
YoY Change 28.06% 146.16% 300.55% 332.66% -15.52% 50.22% -32.83% 472.41%
% of Gross Profit 72.43% 161.34% 54.32% 34.52% 133.49% 500.0% 1173.68% 2213.33% 1160.0%
Operating Expenses $196.8M $106.9M $51.16M $17.26M $10.38M $5.370M $4.960M $2.590M $3.480M $60.00K $30.00K $10.00K $30.00K
YoY Change 84.15% 108.85% 196.43% 66.28% 93.3% 8.27% 91.51% -25.57% 5700.0% 100.0% 200.0% -66.67%
Operating Profit -$149.0M -$131.0M -$37.86M -$15.69M -$15.14M -$9.710M -$5.180M -$4.810M -$2.540M -$3.480M -$60.00K
YoY Change 13.74% 246.08% 141.31% 3.64% 55.92% 87.45% 7.69% 89.37% -27.01% 5700.0%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense $2.455M $2.977M $1.078M $3.032M -$8.220M -$9.480M -$39.89M $0.00 $0.00 -$10.00K -$50.00K -$10.00K -$10.00K $0.00
YoY Change -17.53% 176.2% -64.45% -136.88% -13.29% -76.23% -100.0% -80.0% 400.0% 0.0%
% of Operating Profit
Other Income/Expense, Net $2.495M $3.181M $629.0K $20.00K
YoY Change -21.56% 405.72% 3044.9%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income -$145.8M -$132.2M -$40.09M -$21.81M -$23.35M -$26.12M -$47.01M -$13.50M -$2.540M -$3.490M -$50.00K -$30.00K -$20.00K -$40.00K
YoY Change 10.3% 229.66% 83.8% -6.59% -10.6% -44.44% 248.22% 431.5% -27.22% 6880.0% 66.67% 50.0% -50.0%
Income Tax $3.344M $857.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$145.8M -$136.6M -$57.33M -$21.81M -$23.35M -$26.12M -$47.01M -$13.50M -$2.540M -$3.490M -$50.00K -$30.00K -$20.00K -$40.00K
YoY Change 6.73% 138.27% 162.82% -6.59% -10.6% -44.44% 248.22% 431.5% -27.22% 6880.0% 66.67% 50.0% -50.0%
Net Earnings / Revenue -38.47% -81.11% -43.59% -44.12% -232.8% -576.6% -8105.17% -3000.0% -3175.0%
Basic Earnings Per Share -$1.30
Diluted Earnings Per Share -$1.32 -$1.345M -$740.9K -$2.445M -$6.249M -$13.63M -$4.193M -$1.129M -$1.818M -$46.73K -$103.4K -$68.97K -$137.9K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $29.94M $21.07M $18.53M $3.630M $7.840M $410.0K $60.00K $440.0K $90.00K $120.0K $0.00 $0.00 $0.00
YoY Change 42.08% 13.69% 410.6% -53.7% 1812.2% 583.33% -86.36% 388.89% -25.0%
Cash & Equivalents
Short-Term Investments $726.0K $610.1K $494.6K $500.0K
Other Short-Term Assets $71.42M $29.46M $33.90M $3.580M $1.210M $50.00K $30.00K $60.00K $20.00K $20.00K $0.00 $0.00 $0.00
YoY Change 142.42% -13.09% 846.89% 195.87% 2320.0% 66.67% -50.0% 200.0% 0.0%
Inventory $809.0K $216.4K $2.673M
Prepaid Expenses
Receivables $5.000K $27.03K $2.620M $1.050M $830.0K $90.00K $40.00K $60.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $50.00K
Total Short-Term Assets $102.2M $50.78M $57.73M $8.250M $9.880M $550.0K $130.0K $600.0K $110.0K $140.0K $0.00 $0.00 $0.00
YoY Change 101.22% -12.04% 599.71% -16.5% 1696.36% 323.08% -78.33% 445.45% -21.43%
Property, Plant & Equipment $565.1M $377.3M $139.1M $160.0K $150.0K $90.00K $130.0K $5.350M $660.0K $580.0K
YoY Change 49.76% 171.3% 86825.69% 6.67% 66.67% -30.77% -97.57% 710.61% 13.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $81.68M $18.03M $88.84M $0.00 $10.00K $0.00 $0.00
YoY Change 352.97% -79.7% -100.0%
Total Long-Term Assets $659.4M $401.8M $259.7M $14.09M $13.55M $17.01M $20.66M $32.42M $710.0K $620.0K $0.00 $0.00 $0.00
YoY Change 64.09% 54.71% 1743.48% 3.99% -20.34% -17.67% -36.27% 4466.2% 14.52%
Total Assets $761.6M $452.6M $317.5M $22.34M $23.43M $17.56M $20.79M $33.02M $820.0K $760.0K $0.00 $0.00 $0.00
YoY Change
Accounts Payable $65.58M $24.66M $7.975M $4.530M $850.0K $130.0K $140.0K $290.0K $50.00K $10.00K $10.00K $0.00 $10.00K
YoY Change 165.9% 209.23% 76.05% 432.94% 553.85% -7.14% -51.72% 480.0% 400.0% 0.0% -100.0%
Accrued Expenses $181.0K $113.0K $256.2K $40.00K
YoY Change 60.23% -55.91% 540.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $380.0K $70.00K $0.00 $0.00 $0.00 $20.00K $20.00K $20.00K
YoY Change -100.0% 442.86% -100.0% 0.0% 0.0%
Long-Term Debt Due $7.122M $8.046M $413.8K $0.00 $70.00K $530.0K $10.00K
YoY Change -11.49% 1844.52% -100.0% -86.79% 5200.0%
Total Short-Term Liabilities $74.06M $34.04M $10.06M $5.380M $1.500M $1.350M $300.0K $360.0K $60.00K $10.00K $110.0K $80.00K $70.00K
YoY Change 117.55% 238.28% 87.04% 258.67% 11.11% 350.0% -16.67% 500.0% 500.0% -90.91% 37.5% 14.29%
Long-Term Debt $8.920M $13.61M $458.3K $530.0K $3.050M $150.0K $150.0K $0.00 $0.00 $40.00K $0.00 $0.00 $0.00
YoY Change -34.47% 2870.28% -13.53% -82.62% 1933.33% 0.0% -100.0%
Other Long-Term Liabilities $519.0K $959.1K $1.235M
YoY Change -45.89% -22.36%
Total Long-Term Liabilities $9.439M $14.57M $1.694M $530.0K $3.050M $150.0K $150.0K $0.00 $0.00 $40.00K $0.00 $0.00 $0.00
YoY Change -35.23% 760.41% 219.55% -82.62% 1933.33% 0.0% -100.0%
Total Liabilities $84.35M $48.61M $11.76M $5.910M $4.550M $1.500M $450.0K $360.0K $60.00K $50.00K $110.0K $80.00K $70.00K
YoY Change 73.52% 313.49% 98.93% 29.89% 203.33% 233.33% 25.0% 500.0% 20.0% -54.55% 37.5% 14.29%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Basic Shares Outstanding 216.9M 102.7M 42.61M 29.44M
Diluted Shares Outstanding 216.9M 102.7M 42.61M 29.44M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $4.2948 Billion

About CLEANSPARK, INC.

CleanSpark, Inc. is a bitcoin mining technology company, which engages in the management of data centers. The company is headquartered in Henderson, Nevada and currently employs 131 full-time employees. The company went IPO on 2011-04-09. The firm independently owns and operates data centers in Georgia, Mississippi, Wyoming, Tennessee and New York. The company operates a Bitcoin mining site in Wyoming with a power capacity of approximately 30 megawatts (MW). Its operating mining units are capable of producing over 22.6 exahashes per second (EH/s) of computing power. The company owns and operates multiple data centers that primarily run on low-carbon power. An independent data center operation in Massena, New York, hosts 50 MW for the Company. The company also has two Bitcoin mining sites and associated land near Clinton, Mississippi. The firm designs its infrastructure to responsibly secure and support the bitcoin network. Its mining facilities are in Watertown, New York and Limestone, Maynardville and Lenoir City, Tennessee. The firm's subsidiaries include ATL Data Centers LLC, CleanBlok, Inc., CleanSpark DW, LLC, CleanSpark GLP, LLC, and CSRE Properties Norcross, LLC, among others.

Industry: Finance Services Peers: Applied Digital Corp. SOUNDHOUND AI, INC. Avaya Holdings Corp. TERAWULF INC. Dave Inc./DE KLDiscovery Inc. Latch, Inc. SAIHEAT Ltd Salesforce, Inc. SMITH MICRO SOFTWARE, INC.