Financial Snapshot

Revenue
$79.53M
TTM
Gross Margin
23.37%
TTM
Net Earnings
-$29.41M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
26.89%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$31.07M
Q3 2024
Cash
Q3 2024
P/E
-2.943
Nov 29, 2024 EST
Free Cash Flow
-$1.456M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019
Revenue $74.97M $106.0M $30.92M $4.118M $11.05M
YoY Change -29.3% 242.98% 650.66% -62.73%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $74.97M $106.0M $30.92M $4.118M $11.05M
Cost Of Revenue $61.43M $85.81M $28.68M $3.695M $14.07M
Gross Profit $13.54M $20.22M $2.232M $422.9K -$3.024M
Gross Profit Margin 18.06% 19.07% 7.22% 10.27% -27.37%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $31.43M $44.46M $14.96M $2.270M $3.072M
YoY Change -29.31% 197.28% 558.97% -26.13%
% of Gross Profit 232.13% 219.85% 670.19% 536.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $35.42M $47.24M $7.608M $558.6K $483.7K
YoY Change -25.02% 520.89% 1261.85% 15.5%
% of Gross Profit 261.56% 233.57% 340.92% 132.09%
Operating Expenses $66.85M $91.70M $22.56M $2.828M $3.556M
YoY Change -27.1% 306.39% 697.81% -20.47%
Operating Profit -$62.44M -$71.47M -$22.20M -$2.405M -$6.580M
YoY Change -12.64% 221.92% 823.07% -63.44%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $9.846M -$9.282M $4.623M $205.5K $2.056M
YoY Change -206.08% -300.8% 2149.69% -90.01%
% of Operating Profit
Other Income/Expense, Net -$39.39M $2.155M -$5.053M $2.260M $2.674M
YoY Change -1928.1% -142.64% -323.57% -15.47%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$101.8M -$195.2M -$27.26M -$145.0K -$1.851M
YoY Change -47.83% 616.09% 18698.08% -92.17%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$50.90M -$89.26M -$27.26M -$145.0K -$1.851M
YoY Change -42.97% 227.5% 18697.56% -92.17%
Net Earnings / Revenue -67.9% -84.18% -88.16% -3.52% -16.76%
Basic Earnings Per Share -$7.46 -$3.45 -$2.03
Diluted Earnings Per Share -$7.46 -$3.45 -$2.03 -$3.006K -$38.39K

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $7.390M $13.41M $39.51M $531.3K $149.6K
YoY Change -44.88% -66.07% 7336.58% 255.17%
Cash & Equivalents $3.176M $109.8K $7.718M $228.1K $15.44K
Short-Term Investments $0.00 $2.700M
Other Short-Term Assets $5.462M $6.853M $9.663M $65.83K $563.7K
YoY Change -20.3% -29.08% 14578.69% -88.32%
Inventory $4.197M $4.472M $3.372M $396.9K $529.5K
Prepaid Expenses
Receivables $507.0K $10.84M $2.112M $65.90K $136.5K
Other Receivables $97.29K $73.12K $0.00 $303.0K $0.00
Total Short-Term Assets $17.65M $35.64M $54.66M $1.363M $1.379M
YoY Change -50.47% -34.79% 3910.32% -1.19%
Property, Plant & Equipment $155.9M $180.8M $299.4M $7.814M $6.386M
YoY Change -13.77% -39.63% 3731.55% 22.36%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $819.1K $560.9K $560.9K $185.3K $185.3K
YoY Change 46.05% 0.0% 202.75% 0.0%
Total Long-Term Assets $156.7M $181.3M $300.0M $7.999M $6.572M
YoY Change -13.58% -39.56% 3649.83% 21.73%
Total Assets $174.3M $217.0M $354.6M $9.362M $7.951M
YoY Change
Accounts Payable $11.86M $27.54M $28.65M $8.479M $7.932M
YoY Change -56.95% -3.88% 237.89% 6.89%
Accrued Expenses $11.58M $9.486M $5.054M $830.00 $3.760K
YoY Change 22.03% 87.7% 608810.84% -77.93%
Deferred Revenue
YoY Change
Short-Term Debt $718.8K $1.375M $1.431M $2.723M $1.147M
YoY Change -47.72% -3.89% -47.45% 137.32%
Long-Term Debt Due $7.936M $17.42M $50.10M $449.5K $292.3K
YoY Change -54.45% -65.22% 11046.82% 53.77%
Total Short-Term Liabilities $35.02M $60.41M $92.35M $11.65M $9.376M
YoY Change -42.04% -34.58% 692.57% 24.28%
Long-Term Debt $48.20M $57.03M $19.22M $1.271M $931.9K
YoY Change -15.47% 196.7% 1411.95% 36.42%
Other Long-Term Liabilities $27.30M $4.737M $1.162M $486.1K $424.3K
YoY Change 476.4% 307.73% 138.99% 14.57%
Total Long-Term Liabilities $75.51M $61.76M $20.38M $1.757M $1.356M
YoY Change 22.25% 203.03% 1059.82% 29.58%
Total Liabilities $110.5M $122.2M $112.7M $13.41M $10.73M
YoY Change -9.54% 8.38% 740.7% 24.95%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 6.821M shares 25.85M shares 5.519M shares
Diluted Shares Outstanding 6.821M shares 25.85M shares 5.519M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $86.56 Million

About Stronghold Digital Mining, Inc.

Stronghold Digital Mining, Inc. is a vertically integrated crypto asset mining company, which engages in mining Bitcoin. The company is headquartered in New York City, New York and currently employs 111 full-time employees. The company went IPO on 2021-08-23. The firm's segments include Energy Operations and Cryptocurrency Operations. The Energy Operations segment operates as a qualifying cogeneration facility under the provisions of the Public Utilities Regulatory Policies Act of 1978 and sells its electricity into the PJM grid under a Professional Services Agreement with Customized Energy Solutions. The Cryptocurrency Operations segment is engaged in vertically-integrated digital currency mining business. The firm buys and maintains a fleet of Bitcoin miners, as well as the required infrastructure, and provides power to third-party digital currency miners under hosting agreements. The firm's Scrubgrass Plant has the capacity to generate approximately 83.5 megawatts (MW) of electricity. Its Panther Creek Plant has the capacity to generate approximately 80 MW of electricity.

Industry: Finance Services Peers: AWARE INC /MA/ Verb Technology Company, Inc. BITMINE IMMERSION TECHNOLOGIES, INC. Inuvo, Inc. Investview, Inc. Intellicheck, Inc. Rekor Systems, Inc. Salesforce, Inc. SRAX, Inc.