Hut 8 Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	33.49	85.04	30.5	10.38	21.07	6.72
Cash & Short-Term Investments	33.49	85.04	30.5	10.38	21.07	6.72
Cash Growth	-53.66%	178.80%	193.90%	-50.73%	213.59%	-
Accounts Receivable	6.67	6.99	3.34	0.64	1.17	-
Other Receivables	2.51	1.07	-	-	5.49	-
Receivables	9.18	8.06	3.34	0.64	6.65	-
Prepaid Expenses	13.75	8.24	8.57	3.61	7.6	-
Restricted Cash	6.14	0.59	0.45	-	-	-
Other Current Assets	160.85	154.9	18.76	4.75	1.76	3.07
Total Current Assets	223.41	256.84	61.62	19.37	37.08	9.78
Property, Plant & Equipment	665.75	242.27	132.6	71.26	119.61	7.42
Long-Term Investments	56.56	88.39	82.66	93.58	-	-
Goodwill	206.62	53.08	57.6	-	-	-
Other Intangible Assets	11.93	13.27	17.28	5.54	-	-
Long-Term Deferred Tax Assets	-	-	-	-	-	2.1
Other Long-Term Assets	1,524	865	389.09	0.25	88.34	23.87
Total Assets	2,688	1,519	740.84	190	245.03	43.16
Accounts Payable	62	11.29	14.96	3.61	6.27	1.46
Accrued Expenses	-	30.5	21.7	4.01	1.34	0.38
Current Portion of Long-Term Debt	130.09	64.97	64.13	1.3	77.22	4.09
Current Portion of Leases	10.61	7.47	1.97	0.4	0.5	0.2
Current Unearned Revenue	1.96	6.2	2.7	1.03	14.84	-
Other Current Liabilities	105.35	33.53	7.1	-	-	-
Total Current Liabilities	310	153.96	112.56	10.34	100.16	6.13
Long-Term Debt	217.39	235.62	123.32	149.89	51.06	-
Long-Term Leases	32.57	37.59	14.4	0.94	1.91	0.31
Long-Term Deferred Tax Liabilities	187.82	111.11	0.61	1.45	2.97	-
Other Long-Term Liabilities	286.77	-	2.32	-	1.32	0.86
Total Liabilities	1,035	538.28	253.2	162.62	157.42	7.29
Common Stock	1.06	1	0.89	0.43	0.42	-
Additional Paid-In Capital	1,177	789.6	576.24	133.44	128.08	20.31
Retained Earnings	285.16	231.63	-100.25	-106.5	-40.89	-9.08
Comprehensive Income & Other	-20.96	-45.55	10.76	-	-	-
Total Common Equity	1,442	976.67	487.64	27.37	87.6	11.22
Minority Interest	211.58	3.91	-	-	-	-
Shareholders' Equity	1,654	980.58	487.64	27.37	87.6	35.87
Total Liabilities & Equity	2,688	1,519	740.84	190	245.03	43.16
Total Debt	390.65	345.65	203.82	152.53	130.68	4.6
Net Cash (Debt)	-357.16	-260.61	-173.31	-142.15	-109.61	2.12
Net Cash Per Share	-3.24	-2.58	-3.53	-3.43	-3.23	0.08
Filing Date Shares Outstanding	108.04	103.86	89.24	221.69	43.12	27.96
Total Common Shares Outstanding	106.31	99.48	88.96	221.61	43.12	27.96
Working Capital	-86.59	102.89	-50.94	9.03	-63.08	3.65
Book Value Per Share	13.56	9.82	5.48	0.12	2.03	0.40
Tangible Book Value	1,224	910.31	412.77	21.84	87.6	11.22
Tangible Book Value Per Share	11.51	9.15	4.64	0.10	2.03	0.40
Land	18.97	0.26	0.05	-	1.74	-
Machinery	9.01	8.03	8.25	-	-	7.32
Construction In Progress	39.02	55.92	12.47	10.93	32.18	-
Leasehold Improvements	1.95	0.68	0.74	0.06	0.06	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.