Gryphon Digital Mining, Inc. (GRYP)

Gryphon Digital Mining Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	22.78	21.93	21.72	3.71
Revenue Growth (YoY)	14.06%	0.93%	485.37%	-
Cost of Revenue	16.17	13.46	12.2	0.87
Gross Profit	6.61	8.46	9.53	2.84
Selling, General & Admin	10.24	4.76	2.18	2.26
Other Operating Expenses	-1.81	-0.26	8.1	0.37
Operating Expenses	21.84	19.31	26.09	23.45
Operating Income	-15.23	-10.84	-16.56	-20.61
Interest Expense	-1.14	-0.76	-1.9	-1.56
Interest & Investment Income	-	-	-	0.06
Other Non Operating Income (Expenses)	-0.22	4.35	0.03	-
EBT Excluding Unusual Items	-16.58	-7.26	-18.43	-22.11
Merger & Restructuring Charges	-0.39	-	1.73	-
Gain (Loss) on Sale of Investments	-0.05	0.17	-1.5	-
Gain (Loss) on Sale of Assets	-0.15	-0.06	-	-
Asset Writedown	-2.91	-8.34	-	-
Other Unusual Items	-12.78	-13.3	21.91	-
Pretax Income	-32.86	-28.78	3.71	-22.11
Income Tax Expense	-0.18	-0.18	0.18	-
Net Income	-32.68	-28.6	3.54	-22.11
Net Income to Common	-32.68	-28.6	3.54	-22.11
Shares Outstanding (Basic)	42	25	25	13
Shares Outstanding (Diluted)	42	25	36	13
Shares Change (YoY)	68.46%	-30.70%	167.91%	-
EPS (Basic)	-0.78	-1.15	0.14	-1.64
EPS (Diluted)	-0.78	-1.15	0.10	-1.64
Free Cash Flow	-3.85	1.12	5.56	-35.23
Free Cash Flow Per Share	-0.09	0.04	0.15	-2.62
Gross Margin	29.02%	38.60%	43.86%	76.53%
Operating Margin	-66.85%	-49.45%	-76.25%	-555.40%
Profit Margin	-143.44%	-130.44%	16.28%	-595.80%
Free Cash Flow Margin	-16.89%	5.09%	25.57%	-949.45%
EBITDA	-2.74	4.12	-4.03	-19.92
EBITDA Margin	-12.04%	18.77%	-18.54%	-
D&A For EBITDA	12.49	14.96	12.54	0.7
EBIT	-15.23	-10.84	-16.56	-20.61
EBIT Margin	-66.85%	-49.45%	-76.25%	-
Effective Tax Rate	-	-	4.74%	-
Revenue as Reported	22.78	21.93	21.72	-

Source: S&P Capital IQ. Standard template. Financial Sources.