Greenidge Generation Holdings Inc. (GREE)

GREE Statistics

Total Valuation

GREE has a market cap or net worth of $19.10 million. The enterprise value is $81.06 million.

Market Cap	19.10M
Enterprise Value	81.06M

Important Dates

The last earnings date was Thursday, November 7, 2024, after market close.

Earnings Date	Nov 7, 2024
Ex-Dividend Date	n/a

Share Statistics

GREE has 11.44 million shares outstanding. The number of shares has increased by 60.69% in one year.

Current Share Class	8.70M
Shares Outstanding	11.44M
Shares Change (YoY)	+60.69%
Shares Change (QoQ)	+6.88%
Owned by Insiders (%)	1.96%
Owned by Institutions (%)	4.19%
Float	8.52M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.24
Forward PS	n/a
PB Ratio	n/a
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.26
EV / EBITDA	44.20
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.22

Current Ratio	1.22
Quick Ratio	0.89
Debt / Equity	n/a
Debt / EBITDA	37.91
Debt / FCF	n/a
Interest Coverage	-1.35

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	-9.44%
Return on Capital (ROIC)	-39.59%
Revenue Per Employee	$1.61M
Profits Per Employee	-$323,425
Employee Count	40
Asset Turnover	0.86
Inventory Turnover	n/a

Taxes

Income Tax	-118,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -63.54% in the last 52 weeks. The beta is 3.24, so GREE's price volatility has been higher than the market average.

Beta (5Y)	3.24
52-Week Price Change	-63.54%
50-Day Moving Average	2.13
200-Day Moving Average	2.40
Relative Strength Index (RSI)	40.19
Average Volume (20 Days)	341,659

Short Selling Information

The latest short interest is 797,898, so 6.98% of the outstanding shares have been sold short.

Short Interest	797,898
Short Previous Month	1.07M
Short % of Shares Out	6.98%
Short % of Float	9.37%
Short Ratio (days to cover)	2.97

Income Statement

In the last 12 months, GREE had revenue of $64.38 million and -$12.94 million in losses. Loss per share was -$1.37.

Revenue	64.38M
Gross Profit	18.67M
Operating Income	-11.31M
Pretax Income	-25.28M
Net Income	-12.94M
EBITDA	1.83M
EBIT	-11.31M
Loss Per Share	-$1.37

Balance Sheet

The company has $7.57 million in cash and $69.54 million in debt, giving a net cash position of -$61.97 million or -$5.42 per share.

Cash & Cash Equivalents	7.57M
Total Debt	69.54M
Net Cash	-61.97M
Net Cash Per Share	-$5.42
Equity (Book Value)	-58.05M
Book Value Per Share	-5.44
Working Capital	3.82M

Cash Flow

In the last 12 months, operating cash flow was -$19.15 million and capital expenditures -$9.00 million, giving a free cash flow of -$28.15 million.

Operating Cash Flow	-19.15M
Capital Expenditures	-9.00M
Free Cash Flow	-28.15M
FCF Per Share	-$2.46

Margins

Gross margin is 29.00%, with operating and profit margins of -17.57% and -20.09%.

Gross Margin	29.00%
Operating Margin	-17.57%
Pretax Margin	-20.61%
Profit Margin	-20.09%
EBITDA Margin	2.85%
EBIT Margin	-17.57%
FCF Margin	n/a

Dividends & Yields

GREE does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-60.69%
Shareholder Yield	-60.69%
Earnings Yield	-67.74%
FCF Yield	-147.40%

Analyst Forecast

The average price target for GREE is $4.00, which is 139.52% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$4.00
Price Target Difference	139.52%
Analyst Consensus	Strong Buy
Analyst Count	1
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on May 16, 2023. It was a reverse split with a ratio of 0.1:1.

Last Split Date	May 16, 2023
Split Type	Reverse
Split Ratio	0.1:1

Scores

GREE has an Altman Z-Score of -8.34 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-8.34
Piotroski F-Score	4