Stronghold Digital Mining Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Operating Revenue	76.13	74.76	110.08	30.9	3.93	10.91
Other Revenue	0.26	0.21	0.15	0.01	0.19	0.14
Revenue	76.39	74.97	110.22	30.92	4.12	11.05
Revenue Growth (YoY)	-2.02%	-31.99%	256.54%	650.66%	-62.73%	-
Cost of Revenue	56.99	61.43	90	28.64	3.7	14.07
Gross Profit	19.4	13.54	20.22	2.28	0.42	-3.02
Selling, General & Admin	32.96	31.43	44.46	14.96	2.27	3.07
Other Operating Expenses	-4.37	-0.06	7.24	1.72	-	-
Operating Expenses	65.4	66.79	98.93	24.28	2.83	3.56
Operating Income	-46	-53.25	-78.71	-22	-2.41	-6.58
Interest Expense	-9.17	-9.85	-13.91	-4.62	-0.21	-0.19
Interest & Investment Income	-	-	-	-	-	0
Other Non Operating Income (Expenses)	2.25	-0.58	7.85	-1.27	2.46	4.92
EBT Excluding Unusual Items	-52.91	-63.68	-84.77	-27.89	-0.15	-1.85
Gain (Loss) on Sale of Assets	-6.34	-3.77	-10.52	-	-	-
Asset Writedown	5.42	-	-40.68	-	-	-
Other Unusual Items	-5.42	-34.38	-59.19	0.64	0.01	-
Pretax Income	-59.26	-101.83	-195.17	-27.26	-0.14	-1.85
Earnings From Continuing Operations	-59.26	-101.83	-195.17	-27.26	-0.14	-1.85
Minority Interest in Earnings	9.35	30.43	105.91	15.8	-	-
Net Income	-49.9	-71.4	-89.26	-11.45	-0.14	-1.85
Preferred Dividends & Other Adjustments	-20.49	-20.49	-	-0.24	-	-
Net Income to Common	-29.41	-50.9	-89.26	-11.21	-0.14	-1.85
Shares Outstanding (Basic)	13	7	3	1	-	-
Shares Outstanding (Diluted)	13	7	3	1	-	-
Shares Change (YoY)	137.33%	163.88%	368.39%	-	-	-
EPS (Basic)	-2.26	-7.46	-34.53	-20.32	-	-
EPS (Diluted)	-2.26	-7.46	-34.53	-20.32	-	-
Free Cash Flow	-5.23	-31.06	-111.75	-258.72	-1.4	0.76
Free Cash Flow Per Share	-0.40	-4.55	-43.23	-468.80	-	-
Gross Margin	25.40%	18.06%	18.35%	7.37%	10.27%	-27.37%
Operating Margin	-60.22%	-71.03%	-71.41%	-71.18%	-58.40%	-59.55%
Profit Margin	-38.50%	-67.90%	-80.98%	-36.27%	-3.52%	-16.76%
Free Cash Flow Margin	-6.85%	-41.44%	-101.38%	-836.87%	-33.97%	6.83%
EBITDA	-9.13	-17.78	-31.43	-14.4	-1.82	-6.08
EBITDA Margin	-11.95%	-23.72%	-28.51%	-46.57%	-44.31%	-54.98%
D&A For EBITDA	36.87	35.47	47.28	7.61	0.58	0.5
EBIT	-46	-53.25	-78.71	-22	-2.41	-6.58
EBIT Margin	-60.22%	-71.03%	-71.41%	-71.18%	-58.40%	-59.55%
Revenue as Reported	76.39	74.97	110.22	30.92	4.12	11.05

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

SEC Filings: 10-K · 10-Q