Hut 8 Corp. (TSX:HUT)
Canada
· Delayed Price · Currency is CAD 19.35
-0.37 (-1.88%)
May 9, 2025, 4:00 PM EDT
Hut 8 Income Statement
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 | Mar '25 Mar 31, 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 |
| Operating Revenue | 128.68 | 154.79 | 69.96 | 78.52 | 73.73 | - |
| Other Revenue | 3.78 | 7.6 | 26.09 | 3.64 | - | 7.32 |
| Revenue | 132.46 | 162.39 | 96.05 | 82.16 | 73.73 | 7.32 |
| Revenue Growth (YoY) | 0.24% | 69.07% | 16.90% | 11.43% | 906.77% | - |
| Cost of Revenue | 77.17 | 86.66 | 54.19 | 43.11 | 25.78 | 2.51 |
| Gross Profit | 55.29 | 75.73 | 41.85 | 39.05 | 47.95 | 4.81 |
| Selling, General & Admin | 70.88 | 67.02 | 49.13 | 24.94 | 31.33 | 20.82 |
| Other Operating Expenses | -122.37 | -509.34 | -31.2 | 3.7 | 30.3 | 2.15 |
| Operating Expenses | -0.29 | -394.55 | 35.48 | 47.43 | 73.22 | 23.64 |
| Operating Income | 55.58 | 470.28 | 6.38 | -8.38 | -25.27 | -18.82 |
| Interest Expense | -30.98 | -29.79 | -24.93 | -27.94 | -6.92 | -0.34 |
| Earnings From Equity Investments | 7.2 | 10.36 | 12.82 | 6.13 | - | - |
| Currency Exchange Gain (Loss) | -2.59 | -5 | 1 | - | - | - |
| Other Non Operating Income (Expenses) | 6 | 6.78 | - | - | - | - |
| EBT Excluding Unusual Items | 35.21 | 452.62 | -4.74 | -30.18 | -32.19 | -19.17 |
| Merger & Restructuring Charges | -1.2 | -4 | - | -2.4 | - | - |
| Gain (Loss) on Sale of Assets | -2.01 | 0.63 | 1.49 | 4.13 | 5.46 | - |
| Asset Writedown | -4.47 | -4.47 | - | -63.57 | - | - |
| Legal Settlements | - | - | 1.53 | 1.53 | - | - |
| Other Unusual Items | 7.13 | 7.13 | 23.68 | 23.68 | - | - |
| Pretax Income | 34.66 | 451.91 | 21.96 | -66.81 | -26.73 | -19.17 |
| Income Tax Expense | 88.86 | 113.46 | 0.19 | -1.2 | 5.07 | -3.59 |
| Earnings From Continuing Operations | -54.2 | 338.45 | 21.77 | -65.61 | -31.8 | -15.57 |
| Earnings From Discontinued Operations | 0.58 | -7.04 | 0.08 | - | - | - |
| Net Income to Company | -53.62 | 331.41 | 21.85 | -65.61 | -31.8 | -15.57 |
| Minority Interest in Earnings | 0.73 | 0.47 | - | - | - | - |
| Net Income | -52.88 | 331.88 | 21.85 | -65.61 | -31.8 | -15.57 |
| Net Income to Common | -52.88 | 331.88 | 21.85 | -65.61 | -31.8 | -15.57 |
| Net Income Growth | - | 1418.91% | - | - | - | - |
| Shares Outstanding (Basic) | 95 | 91 | 47 | 41 | 34 | 28 |
| Shares Outstanding (Diluted) | 95 | 101 | 49 | 41 | 34 | 28 |
| Shares Change (YoY) | 53.17% | 105.93% | 18.32% | 22.34% | 21.25% | - |
| EPS (Basic) | -0.56 | 3.63 | 0.46 | -1.58 | -0.94 | -0.56 |
| EPS (Diluted) | -0.56 | 3.33 | 0.45 | -1.58 | -0.94 | -0.56 |
| EPS Growth | - | 647.35% | - | - | - | - |
| Free Cash Flow | -249.9 | -192.53 | -23.7 | -32.48 | -80.19 | -9.13 |
| Free Cash Flow Per Share | -2.64 | -1.91 | -0.48 | -0.78 | -2.37 | -0.33 |
| Gross Margin | 41.74% | 46.64% | 43.58% | 47.53% | 65.03% | 65.73% |
| Operating Margin | 41.96% | 289.61% | 6.64% | -10.20% | -34.27% | -257.05% |
| Profit Margin | -39.92% | 204.38% | 22.75% | -79.86% | -43.13% | -212.64% |
| Free Cash Flow Margin | -188.66% | -118.56% | -24.68% | -39.53% | -108.76% | -124.70% |
| EBITDA | 106.78 | 518.05 | 23.91 | 10.4 | -13.68 | -18.15 |
| EBITDA Margin | 80.62% | 319.03% | 24.90% | 12.66% | -18.55% | -247.89% |
| D&A For EBITDA | 51.2 | 47.77 | 17.54 | 18.78 | 11.59 | 0.67 |
| EBIT | 55.58 | 470.28 | 6.38 | -8.38 | -25.27 | -18.82 |
| EBIT Margin | 41.96% | 289.61% | 6.64% | -10.20% | -34.27% | -257.05% |
| Effective Tax Rate | 256.39% | 25.11% | 0.86% | - | - | - |
| Revenue as Reported | 132.46 | 162.39 | 96.05 | 82.16 | 73.73 | 7.32 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.