Hut 8 Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021
Period Ending	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	85.04	30.5	10.38	21.07	6.72
Cash & Short-Term Investments	85.04	30.5	10.38	21.07	6.72
Cash Growth	178.80%	193.90%	-50.73%	213.59%	-
Accounts Receivable	6.99	3.34	0.64	1.17	-
Other Receivables	1.07	-	-	5.49	-
Receivables	8.06	3.34	0.64	6.65	-
Prepaid Expenses	8.24	8.57	3.61	7.6	-
Restricted Cash	0.59	0.45	-	-	-
Other Current Assets	154.9	18.76	4.75	1.76	3.07
Total Current Assets	256.84	61.62	19.37	37.08	9.78
Property, Plant & Equipment	242.27	132.6	71.26	119.61	7.42
Long-Term Investments	88.39	82.66	93.58	-	-
Goodwill	53.08	57.6	-	-	-
Other Intangible Assets	13.27	17.28	5.54	-	-
Long-Term Deferred Tax Assets	-	-	-	-	2.1
Other Long-Term Assets	865	389.09	0.25	88.34	23.87
Total Assets	1,519	740.84	190	245.03	43.16
Accounts Payable	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	64.97	64.13	1.3	77.22	4.09
Current Portion of Leases	7.47	1.97	0.4	0.5	0.2
Current Unearned Revenue	6.2	2.7	1.03	14.84	-
Other Current Liabilities	33.53	7.1	-	-	-
Total Current Liabilities	153.96	112.56	10.34	100.16	6.13
Long-Term Debt	235.62	123.32	149.89	51.06	-
Long-Term Leases	37.59	14.4	0.94	1.91	0.31
Long-Term Deferred Tax Liabilities	111.11	0.61	1.45	2.97	-
Other Long-Term Liabilities	-	2.32	-	1.32	0.86
Total Liabilities	538.28	253.2	162.62	157.42	7.29
Common Stock	1	0.89	0.43	0.42	-
Additional Paid-In Capital	789.6	576.24	133.44	128.08	20.31
Retained Earnings	231.63	-100.25	-106.5	-40.89	-9.08
Comprehensive Income & Other	-45.55	10.76	-	-	-
Total Common Equity	976.67	487.64	27.37	87.6	11.22
Minority Interest	3.91	-	-	-	-
Shareholders' Equity	980.58	487.64	27.37	87.6	35.87
Total Liabilities & Equity	1,519	740.84	190	245.03	43.16
Total Debt	345.65	203.82	152.53	130.68	4.6
Net Cash (Debt)	-260.61	-173.31	-142.15	-109.61	2.12
Net Cash Per Share	-2.58	-3.53	-3.43	-3.23	0.08
Filing Date Shares Outstanding	103.86	89.24	221.69	43.12	27.96
Total Common Shares Outstanding	99.48	88.96	221.61	43.12	27.96
Working Capital	102.89	-50.94	9.03	-63.08	3.65
Book Value Per Share	9.82	5.48	0.12	2.03	0.40
Tangible Book Value	910.31	412.77	21.84	87.6	11.22
Tangible Book Value Per Share	9.15	4.64	0.10	2.03	0.40
Land	0.26	0.05	-	1.74	-
Machinery	8.03	8.25	-	-	7.32
Construction In Progress	55.92	12.47	10.93	32.18	-
Leasehold Improvements	0.68	0.74	0.06	0.06	-

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