Financial Snapshot

Revenue
$312.9M
TTM
Gross Margin
24.36%
TTM
Net Earnings
$52.19M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
567.91%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$2.749B
Q3 2024
Cash
Q3 2024
P/E
82.45
Nov 29, 2024 EST
Free Cash Flow
-$339.3M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $280.7M $259.2M $213.2M $12.08M $6.837M $7.850M $270.0K $100.0K $100.0K $167.0K $56.07K $41.56K $219.4K $370.2K $290.0K $820.0K $850.0K $1.140M $860.0K $800.0K $650.0K $750.0K $1.120M $290.0K
YoY Change 8.3% 21.54% 1665.11% 76.7% -12.9% 2807.41% 170.0% 0.0% -40.1% 197.77% 34.92% -81.06% -40.73% 27.67% -64.63% -3.53% -25.44% 32.56% 7.5% 23.08% -13.33% -33.04% 286.21%

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 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $280.7M $259.2M $213.2M $12.08M $6.837M $7.850M $270.0K $100.0K $100.0K $167.0K $56.07K $41.56K $219.4K $370.2K $290.0K $820.0K $850.0K $1.140M $860.0K $800.0K $650.0K $750.0K $1.120M $290.0K
Cost Of Revenue $254.3M $193.7M $82.09M $6.251M $6.097M $5.820M $30.00K $0.00 $30.00K $71.47K $21.19K $592.00 $16.35K $358.1K $710.0K $580.0K $620.0K $760.0K $510.0K $480.0K $520.0K $660.0K $260.0K $130.0K
Gross Profit $26.35M $65.47M $131.2M $5.830M $740.0K $2.030M $240.0K $100.0K $70.00K $95.49K $34.88K $40.97K $203.1K $12.14K -$420.0K $240.0K $230.0K $380.0K $350.0K $330.0K $130.0K $80.00K $870.0K $160.0K
Gross Profit Margin 9.39% 25.26% 61.5% 48.26% 10.82% 25.86% 88.89% 100.0% 70.0% 57.19% 62.2% 98.58% 92.55% 3.28% -144.83% 29.27% 27.06% 33.33% 40.7% 41.25% 20.0% 10.67% 77.68% 55.17%

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 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Selling, General & Admin $100.3M $67.45M $87.43M $10.25M $9.159M $20.86M $7.310M $4.410M $6.760M $6.560M $5.517M $5.185M $5.575M $7.418M $6.050M $4.430M $4.010M $1.970M $1.390M $1.110M $880.0K $390.0K $260.0K $120.0K
YoY Change 48.77% -22.85% 752.88% 11.92% -56.09% 185.36% 65.76% -34.76% 3.05% 18.91% 6.4% -7.0% -24.84% 22.61% 36.57% 10.47% 103.55% 41.73% 25.23% 26.14% 125.64% 50.0% 116.67%
% of Gross Profit 380.89% 103.02% 66.66% 175.83% 1237.7% 1027.59% 3045.83% 4410.0% 9657.14% 6869.81% 15817.93% 12656.71% 2745.4% 61126.38% 1845.83% 1743.48% 518.42% 397.14% 336.36% 676.92% 487.5% 29.89% 75.0%
Research & Development $250.0K $1.970M $4.035M $6.706M $3.838M $5.666M $6.112M $8.730M $6.030M $2.670M $1.410M $850.0K $560.0K $540.0K $620.0K $350.0K $30.00K
YoY Change -87.31% -51.17% -39.84% 74.71% -32.26% -7.3% -29.98% 44.78% 125.84% 89.36% 65.88% 51.79% 3.7% -12.9% 77.14% 1066.67%
% of Gross Profit 250.0% 2814.29% 4225.35% 19229.17% 9369.89% 2790.21% 50370.05% 2512.5% 1160.87% 371.05% 242.86% 169.7% 415.38% 775.0% 40.23% 18.75%
Depreciation & Amortization $246.5M $108.0M $26.10M $4.300M $100.0K $5.270M $890.0K $90.00K $250.0K $288.8K $326.5K $430.2K $490.5K $492.2K $390.0K $370.0K $290.0K $250.0K $250.0K $670.0K $280.0K $120.0K $100.0K $50.00K
YoY Change 128.35% 313.6% 506.98% 4200.0% -98.1% 492.13% 888.89% -64.0% -13.42% -11.57% -24.1% -12.29% -0.33% 26.19% 5.41% 27.59% 16.0% 0.0% -62.69% 139.29% 133.33% 20.0% 100.0%
% of Gross Profit 935.66% 164.87% 19.9% 73.76% 13.51% 259.61% 370.83% 90.0% 357.14% 302.4% 936.3% 1050.23% 241.54% 4055.71% 154.17% 126.09% 65.79% 71.43% 203.03% 215.38% 150.0% 11.49% 31.25%
Operating Expenses $100.3M $157.6M $87.43M $10.25M $9.159M $26.12M $8.200M $4.750M $8.630M $10.59M $12.22M $9.023M $11.24M $13.53M $14.56M $10.41M $6.680M $3.330M $2.230M $1.670M $1.420M $1.010M $610.0K $190.0K
YoY Change -36.32% 80.24% 752.88% 11.92% -64.93% 218.54% 72.63% -44.96% -18.54% -13.32% 35.46% -19.73% -16.92% -7.07% 39.87% 55.84% 100.6% 49.33% 33.53% 17.61% 40.59% 65.57% 221.05%
Operating Profit -$63.05M -$512.7M -$22.36M -$14.13M -$9.417M -$24.09M -$7.960M -$4.650M -$8.560M -$10.40M -$12.10M -$8.962M -$10.98M -$13.45M -$14.98M -$10.17M -$6.450M -$2.950M -$1.880M -$1.340M -$1.290M -$930.0K $260.0K -$30.00K
YoY Change -87.7% 2193.04% 58.2% 50.08% -60.91% 202.64% 71.18% -45.68% -17.72% -14.05% 35.06% -18.35% -18.39% -10.22% 47.3% 57.67% 118.64% 56.91% 40.3% 3.88% 38.71% -457.69% -966.67%

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 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Interest Expense $199.7M $93.22M $296.0K $122.0K -$3.530M -$4.680M $90.00K -$20.00K $116.2K $135.2K $248.1K $180.5K $132.8K -$10.00K $520.0K $210.0K -$160.0K -$210.0K -$320.0K -$350.0K -$130.0K -$90.00K -$30.00K
YoY Change 114.2% 31393.92% -103.46% -24.57% -5300.0% -550.0% -117.21% -14.08% -45.5% 37.46% 35.94% -1427.86% -101.92% 147.62% -231.25% -23.81% -34.38% -8.57% 169.23% 44.44% 200.0%
% of Operating Profit -34.62%
Other Income/Expense, Net $8.482M -$8.601M $14.69M $1.466M -$11.03M -$1.620M -$180.0K $0.00 $10.00K -$40.05K -$45.47K -$250.6K $762.4K $111.8K $40.00K $90.00K $40.00K -$180.0K $0.00
YoY Change -198.62% -158.56% 901.84% -113.29% 580.8% 800.0% -100.0% -124.97% -11.92% -81.85% -132.86% 581.66% 179.61% -55.56% 125.0%

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 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Pretax Income -$54.57M -$521.3M -$7.672M -$12.67M -$20.45M -$61.01M -$18.04M -$3.160M -$8.760M -$10.44M -$12.15M -$9.210M -$10.21M -$13.34M -$15.52M -$9.570M -$6.200M -$3.110M -$2.110M -$2.090M -$1.720M -$1.230M $170.0K -$60.00K
YoY Change -89.53% 6694.86% -39.43% -38.05% -66.49% 238.19% 470.89% -63.93% -16.09% -14.07% 31.92% -9.79% -23.46% -14.05% 62.17% 54.35% 99.36% 47.39% 0.96% 21.51% 39.84% -823.53% -383.33%
Income Tax -$5.093M -$11.75M $254.0K -$143.0K -$700.0K -$15.61M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$10.00K $10.00K $0.00
% Of Pretax Income 5.88%
Net Earnings -$49.47M -$509.6M -$7.926M -$12.67M -$20.04M -$58.01M -$19.85M -$4.270M -$8.760M -$10.44M -$12.15M -$9.212M -$10.21M -$13.34M -$15.52M -$9.570M -$6.200M -$3.110M -$2.110M -$2.090M -$1.720M -$1.220M $160.0K -$60.00K
YoY Change -90.29% 6328.88% -37.46% -36.75% -65.46% 192.24% 364.87% -51.26% -16.12% -14.04% 31.88% -9.81% -23.42% -14.06% 62.17% 54.35% 99.36% 47.39% 0.96% 21.51% 40.98% -862.5% -366.67%
Net Earnings / Revenue -17.63% -196.61% -3.72% -104.91% -293.1% -738.98% -7351.85% -4270.0% -8760.0% -6255.03% -21667.72% -22167.66% -4654.91% -3602.56% -5351.72% -1167.07% -729.41% -272.81% -245.35% -261.25% -264.62% -162.67% 14.29% -20.69%
Basic Earnings Per Share -$0.28 -$3.65 -$0.17 -$0.34
Diluted Earnings Per Share -$0.28 -$3.66 -$84.81K -$301.8K -$1.022M -$4.329M -$3.297M -$1.049M -$2.264M -$2.916M -$5.731M -$14.85M -$60.06M -$83.38M -$110.9M -$73.62M -$56.36M -$44.43M -$35.17M -$41.80M -$43.00M -$30.50M $5.333M -$3.000M

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 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Cash & Short-Term Investments $908.3M $339.7M $482.7M $235.0M $11.30M $900.0K $41.90M $13.00M $16.20M $24.50M $14.30M $12.10M $4.000M $11.80M $13.90M $17.50M $25.90M $3.500M $2.000M $600.0K $100.0K $100.0K $400.0K $100.0K
YoY Change 167.36% -29.61% 105.39% 1979.65% 1155.56% -97.85% 222.31% -19.75% -33.88% 71.33% 18.18% 202.5% -66.1% -15.11% -20.57% -32.43% 640.0% 75.0% 233.33% 500.0% 0.0% -75.0% 300.0%
Cash & Equivalents $597.2M $230.3M $312.3M $223.4M $7.400M $200.0K $41.70M $5.500M $2.000M $3.500M $5.700M $11.00M $3.000M $8.900M $13.40M $11.80M $17.40M
Short-Term Investments $311.2M $109.4M $10.80M $11.60M $3.800M $700.0K $0.00 $7.500M $14.10M $21.00M $8.600M $1.200M $1.000M $2.900M $500.0K $5.600M $8.500M
Other Short-Term Assets $75.52M $76.70M $75.48M $1.300M $1.300M $1.400M $500.0K $700.0K $300.0K $400.0K $500.0K $400.0K $300.0K $400.0K $200.0K $800.0K $200.0K $100.0K $0.00 $0.00 $400.0K $100.0K $100.0K
YoY Change -1.54% 1.62% 5706.0% 0.0% -7.14% 180.0% -28.57% 133.33% -25.0% -20.0% 25.0% 33.33% -25.0% 100.0% -75.0% 300.0% 100.0% -100.0% 300.0% 0.0%
Inventory $0.00 $300.0K $600.0K $600.0K $400.0K $400.0K $200.0K $300.0K $500.0K $400.0K $200.0K
Prepaid Expenses
Receivables $24.71M $26.93M $15.40M $0.00 $0.00 $100.0K $0.00 $100.0K $100.0K $400.0K $300.0K $200.0K $0.00 $100.0K $200.0K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $1.009B $443.4M $573.5M $236.3M $12.60M $2.300M $42.40M $13.70M $16.40M $24.90M $14.80M $12.50M $4.300M $12.30M $14.40M $18.90M $26.70M $4.300M $2.700M $1.000M $400.0K $1.100M $1.100M $400.0K
YoY Change 127.47% -22.69% 142.72% 1775.4% 447.83% -94.58% 209.49% -16.46% -34.14% 68.24% 18.4% 190.7% -65.04% -14.58% -23.81% -29.21% 520.93% 59.26% 170.0% 150.0% -63.64% 0.0% 175.0%
Property, Plant & Equipment $724.6M $714.2M $276.2M $10.10M $5.400M $0.00 $4.300M $0.00 $2.000M $2.100M $2.300M $2.500M $2.800M $3.100M $3.300M $3.400M $3.500M $3.300M $3.400M $3.600M $3.800M $3.200M $200.0K $200.0K
YoY Change 1.45% 158.62% 2634.35% 87.04% -100.0% -100.0% -4.76% -8.7% -8.0% -10.71% -9.68% -6.06% -2.94% -2.86% 6.06% -2.94% -5.56% -5.26% 18.75% 1500.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $13.12M $310.0K $310.0K $300.0K $10.40M $10.30M $3.200M $1.000M
YoY Change 4132.58% 0.0% 3.33% -97.12% 0.97% 221.88%
Other Assets $289.1M $140.6M $51.53M $0.00 $2.400M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $100.0K $100.0K $0.00 $100.0K $100.0K $0.00 $0.00
YoY Change 105.65% 172.81% -100.0% -100.0% 0.0% -100.0% 0.0%
Total Long-Term Assets $1.043B $876.6M $957.4M $43.80M $17.80M $11.60M $9.900M $3.300M $4.500M $3.800M $3.800M $4.100M $4.400M $4.900M $5.000M $5.300M $5.000M $4.400M $4.400M $4.400M $4.400M $3.700M $900.0K $900.0K
YoY Change 18.93% -8.44% 2085.84% 146.07% 53.45% 17.17% 200.0% -26.67% 18.42% 0.0% -7.32% -6.82% -10.2% -2.0% -5.66% 6.0% 13.64% 0.0% 0.0% 0.0% 18.92% 311.11% 0.0%
Total Assets $2.051B $1.320B $1.531B $280.1M $30.40M $13.90M $52.30M $17.00M $20.90M $28.70M $18.60M $16.60M $8.700M $17.20M $19.40M $24.20M $31.70M $8.700M $7.100M $5.400M $4.800M $4.800M $2.000M $1.300M
YoY Change
Accounts Payable $23.16M $18.45M $20.04M $700.0K $700.0K $3.800M $400.0K $300.0K $700.0K $400.0K $800.0K $600.0K $600.0K $1.100M $1.500M $800.0K $300.0K $400.0K $500.0K $100.0K $100.0K $300.0K $0.00 $100.0K
YoY Change 25.55% -7.95% 2762.43% 0.0% -81.58% 850.0% 33.33% -57.14% 75.0% -50.0% 33.33% 0.0% -45.45% -26.67% 87.5% 166.67% -25.0% -20.0% 400.0% 0.0% -66.67% -100.0%
Accrued Expenses $65.05M $67.47M $23.25M $1.600M $2.600M $1.500M $200.0K $300.0K $700.0K $900.0K $1.100M $1.100M $400.0K $600.0K $800.0K $600.0K $1.000M $100.0K $100.0K $100.0K $200.0K $0.00 $0.00
YoY Change -3.59% 190.17% 1353.31% -38.46% 73.33% 650.0% -33.33% -57.14% -22.22% -18.18% 0.0% 175.0% -33.33% -25.0% 33.33% -40.0% 900.0% 0.0% 0.0% -50.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $300.0K $0.00 $100.0K $100.0K
YoY Change -100.0% -100.0% 0.0%
Long-Term Debt Due $0.00 $100.0K $100.0K $300.0K $300.0K $300.0K $2.300M $1.100M $300.0K $100.0K $400.0K $700.0K $200.0K $200.0K $200.0K $100.0K $3.300M $300.0K $100.0K
YoY Change -100.0% 0.0% -66.67% 0.0% 0.0% -86.96% 109.09% 266.67% 200.0% -75.0% -42.86% 250.0% 0.0% 0.0% 100.0% -96.97% 1000.0% 200.0%
Total Short-Term Liabilities $121.0M $121.5M $109.9M $2.400M $3.400M $6.700M $1.000M $1.100M $1.800M $1.800M $2.200M $4.100M $2.100M $2.700M $3.300M $2.700M $2.100M $700.0K $800.0K $400.0K $600.0K $3.500M $400.0K $300.0K
YoY Change -0.43% 10.62% 4478.25% -29.41% -49.25% 570.0% -9.09% -38.89% 0.0% -18.18% -46.34% 95.24% -22.22% -18.18% 22.22% 28.57% 200.0% -12.5% 100.0% -33.33% -82.86% 775.0% 33.33%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $1.700M $0.00 $0.00 $1.800M $2.000M $2.200M $800.0K $2.800M $2.500M $2.700M $2.800M $3.000M $3.400M $3.700M $3.800M $4.100M $900.0K $300.0K $600.0K
YoY Change -100.0% -100.0% -10.0% -9.09% 175.0% -71.43% 12.0% -7.41% -3.57% -6.67% -11.76% -8.11% -2.63% -7.32% 355.56% 200.0% -50.0%
Other Long-Term Liabilities $42.04M $46.98M $63.74M $700.0K $800.0K $900.0K $1.000M $1.100M $1.200M $1.300M $1.300M $1.100M $0.00 $600.0K $600.0K $800.0K $100.0K $200.0K $200.0K $200.0K $200.0K
YoY Change -10.51% -26.3% 9005.86% -12.5% -11.11% -10.0% -9.09% -8.33% -7.69% 0.0% 18.18% -100.0% 0.0% -25.0% 700.0% -50.0% 0.0% 0.0% 0.0%
Total Long-Term Liabilities $42.04M $46.98M $63.74M $700.0K $800.0K $2.600M $1.000M $1.100M $3.000M $3.300M $3.500M $1.900M $2.800M $3.100M $3.300M $3.600M $3.100M $3.600M $3.900M $4.000M $4.300M $900.0K $300.0K $600.0K
YoY Change -10.51% -26.3% 9005.86% -12.5% -69.23% 160.0% -9.09% -63.33% -9.09% -5.71% 84.21% -32.14% -9.68% -6.06% -8.33% 16.13% -13.89% -7.69% -2.5% -6.98% 377.78% 200.0% -50.0%
Total Liabilities $163.1M $168.5M $173.6M $3.100M $4.100M $8.100M $3.500M $2.100M $4.800M $5.000M $5.700M $5.900M $4.900M $5.900M $6.600M $6.300M $5.200M $4.300M $4.700M $4.500M $5.000M $4.400M $700.0K $800.0K
YoY Change -3.24% -2.94% 5500.61% -24.39% -49.38% 131.43% 66.67% -56.25% -4.0% -12.28% -3.39% 20.41% -16.95% -10.61% 4.76% 21.15% 20.93% -8.51% 4.44% -10.0% 13.64% 528.57% -12.5%

Ownership

Basic Shares Outstanding

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Preferred Stock

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Basic Shares Outstanding 175.0M 139.4M 93.45M 41.98M
Diluted Shares Outstanding 175.0M 139.4M 93.45M 41.98M
Preferred Stock
Treasury Stock Shares

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Dividends

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Stock Price

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Market Cap: $4.3036 Billion

About Riot Platforms, Inc.

Riot Platforms, Inc. is a bitcoin mining company engaged in the provision of special cryptocurrency mining computers. The company is headquartered in Castle Rock, Colorado and currently employs 534 full-time employees. The company went IPO on 2003-01-23. The firm has Bitcoin mining operations in central Texas and Kentucky, and electrical switchgear engineering and fabrication operations in Denver, Colorado. The company operates a Bitcoin-driven infrastructure platform. Its segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment is engaged in Bitcoin mining activities. The Engineering segment designs and manufacturers power distribution equipment and custom engineered electrical products. The Engineering segment also provides electricity distribution product design, manufacturing, and installation services primarily focused on large-scale commercial and governmental customers and serves a broad scope of clients across a wide range of markets including data center, power generation, utility, water, industrial, and alternative energy. The Company’s total potential power capacity is two gigawatts.

Industry: Finance Services Peers: EVERBRIDGE, INC. MARA Holdings, Inc. BTRS Holdings Inc. Consensus Cloud Solutions, Inc. Matterport, Inc./DE Intapp, Inc. MOMENTIVE GLOBAL INC. MODEL N, INC. PROS Holdings, Inc. Salesforce, Inc.