HUT Financials: Hut 8 Corp AI Analysis

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HUT Financial

Hut 8 Corp

$55.56

4.33%

$2.31

At close: Mar 25, 16:00:00 GMT-4

$55.6

0.07%

$0.03

Post-market: Mar 25, 16:58:05 GMT-4

Overview Forecast Earnings Dividends Financials

360

Report

Final Score

Key Stats

Prev.Close

$53.25

Open

$55.18

Day's Range

$54.81 - $56.87

52 week range

$10.04 - $66.07

Volume

4.1M

Avg.Volume

4.8M

Dividend yield

EPS (TTM)

-0.71

Market Cap

$5.1B

What is HUT?

Hut 8 Corp. operates as a Bitcoin miner that focuses on mining. The company is headquartered in Miami, Florida and currently employs 219 full-time employees. The company went IPO on 2012-04-10. The firm is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The firm acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The firm operates through four business segments: Digital Assets Mining, Managed Services, High Performance Computing-Colocation and Cloud, and Other. Its infrastructure portfolio includes about eighteen sites: nine Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, Nebraska, and Texas, five high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario. Its Managed Services business provides institutional partners such as digital asset mining site owners, governments, and data center developers an end-to-end partnership model for energy infrastructure development.

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Income

Balance sheet

Cash flow

Annual

Quarterly

HUT Income

Financials in millions USD. Fiscal year is February - January.

Breakdown	TTM	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenue	132	162	60	150	173	40
Revenue Growth (YoY)	5%	170%	-60%	-13%	333%	-51%
Cost of Revenue	78	87	34	175	85	61
Gross Profit	54	75	26	-25	88	-20
Selling, General & Admin	74	73	38	31	26	3
Research & Development	--	--	--	--	--	--
Operating Expenses	2	-388	48	45	40	3
Other Non Operating Income (Expenses)	--	-18	--	--	0	0
Pretax Income	34	452	5	-233	-67	4
Income Tax Expense	88	113	0	9	5	-15
Net Income	-53	332	6	-242	-72	19
Net Income Growth	-128%	5,433%	-102%	236%	-479%	850%
Shares Outstanding (Diluted)	103	101	55	187.8	134.2	94.2
Shares Change (YoY)	10%	84%	-71%	40%	42%	4%
EPS (Diluted)	-0.51	3.28	0.11	-1.29	-0.54	0.2
EPS Growth	-125%	2,882%	-109%	139%	-370%	900%
Free Cash Flow	-292	-233	-20	-177	-166	-4
Free Cash Flow Per Share	--	--	--	--	--	--
Gross Margin	40.9%	46.29%	43.33%	-16.66%	50.86%	-50%
Operating Margin	39.39%	286.41%	-36.66%	-46.66%	27.74%	-57.49%
Profit Margin	-40.15%	204.93%	10%	-161.33%	-41.61%	47.5%
Free Cash Flow Margin	-221.21%	-143.82%	-33.33%	-118%	-95.95%	-10%
EBITDA	103	512	-11	-70	71	-2
EBITDA Margin	78.03%	316.04%	-18.33%	-46.66%	41.04%	-5%
D&A For EBITDA	51	48	11	0	23	21
EBIT	52	464	-22	-70	48	-23
EBIT Margin	39.39%	286.41%	-36.66%	-46.66%	27.74%	-57.49%
Effective Tax Rate	258.82%	25%	0%	-3.86%	-7.46%	-375%

Follow-Up Questions

What are Hut 8 Corp's key financial statements?

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According to the latest financial statement (Form-10K), Hut 8 Corp has a total asset of $1,519, Net profit of $332

What are the key financial ratios for HUT?

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Hut 8 Corp's Current ratio is 2.8, has a Net margin is 204.93, sales per share of $1.6.

How is Hut 8 Corp's revenue broken down by segment or geography?

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Hut 8 Corp largest revenue segment is Compute, at a revenue of 76,830,056 in the most earnings release.For geography, United States is the primary market for Hut 8 Corp, at a revenue of 105,645,730.

Is Hut 8 Corp profitable?

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yes, according to the latest financial statements, Hut 8 Corp has a net profit of $332

Does Hut 8 Corp have any liabilities?

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yes, Hut 8 Corp has liability of 542

How many outstanding shares for Hut 8 Corp?

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Hut 8 Corp has a total outstanding shares of 99

Hut 8 Corp (HUT) Financial

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