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	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
Cash & Equivalents	108.38	85.04	30.5	10.38	21.07	6.72
Cash & Short-Term Investments	108.38	85.04	30.5	10.38	21.07	6.72
Cash Growth	838.70%	178.80%	193.90%	-50.73%	213.59%	-
Accounts Receivable	4.46	6.99	3.34	0.64	1.17	-
Other Receivables	0.83	1.07	-	-	5.49	-
Receivables	5.29	8.06	3.34	0.64	6.65	-
Prepaid Expenses	6.91	8.24	8.57	3.61	7.6	-
Restricted Cash	0.59	0.59	0.45	-	-	-
Other Current Assets	147.98	154.9	18.76	4.75	1.76	3.07
Total Current Assets	269.15	256.84	61.62	19.37	37.08	9.78
Property, Plant & Equipment	373.36	242.27	132.6	71.26	119.61	7.42
Long-Term Investments	89.76	88.39	82.66	93.58	-	-
Goodwill	53.17	53.08	57.6	-	-	-
Other Intangible Assets	13.33	13.27	17.28	5.54	-	-
Long-Term Deferred Tax Assets	-	-	-	-	-	2.1
Other Long-Term Assets	773.12	865	389.09	0.25	88.34	23.87
Total Assets	1,572	1,519	740.84	190	245.03	43.16
Accounts Payable	32.26	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	64.98	64.97	64.13	1.3	77.22	4.09
Current Portion of Leases	9.62	7.47	1.97	0.4	0.5	0.2
Current Unearned Revenue	4.56	6.2	2.7	1.03	14.84	-
Other Current Liabilities	101.81	33.53	7.1	-	-	-
Total Current Liabilities	213.24	153.96	112.56	10.34	100.16	6.13
Long-Term Debt	244.37	235.62	123.32	149.89	51.06	-
Long-Term Leases	35.88	37.59	14.4	0.94	1.91	0.31
Long-Term Deferred Tax Liabilities	90.7	111.11	0.61	1.45	2.97	-
Other Long-Term Liabilities	-	-	2.32	-	1.32	0.86
Total Liabilities	584.19	538.28	253.2	162.62	157.42	7.29
Common Stock	1.04	1	0.89	0.43	0.42	-
Additional Paid-In Capital	905.58	789.6	576.24	133.44	128.08	20.31
Retained Earnings	97.74	231.63	-100.25	-106.5	-40.89	-9.08
Comprehensive Income & Other	-44.37	-45.55	10.76	-	-	-
Total Common Equity	959.99	976.67	487.64	27.37	87.6	11.22
Minority Interest	27.7	3.91	-	-	-	-
Shareholders' Equity	987.7	980.58	487.64	27.37	87.6	35.87
Total Liabilities & Equity	1,572	1,519	740.84	190	245.03	43.16
Total Debt	354.86	345.65	203.82	152.53	130.68	4.6
Net Cash (Debt)	-246.48	-260.61	-173.31	-142.15	-109.61	2.12
Net Cash Per Share	-2.60	-2.58	-3.53	-3.43	-3.23	0.08
Filing Date Shares Outstanding	104.22	103.86	89.24	221.69	43.12	27.96
Total Common Shares Outstanding	104.15	99.48	88.96	221.61	43.12	27.96
Working Capital	55.91	102.89	-50.94	9.03	-63.08	3.65
Book Value Per Share	9.22	9.82	5.48	0.12	2.03	0.40
Tangible Book Value	893.5	910.31	412.77	21.84	87.6	11.22
Tangible Book Value Per Share	8.58	9.15	4.64	0.10	2.03	0.40
Land	18.47	0.26	0.05	-	1.74	-
Machinery	21.48	8.03	8.25	-	-	7.32
Construction In Progress	85.13	55.92	12.47	10.93	32.18	-
Leasehold Improvements	0.68	0.68	0.74	0.06	0.06	-

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