CleanSpark, Inc.
Cash Flow Statement
| Line Item | FY2028 | FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | — | — | — | $364.5M | $-145.8M | $-138.1M | $-57.3M | $-21.8M |
| Depreciation & Amortization | — | — | — | $348.3M | $154.6M | $120.7M | $49.0M | $9.3M |
| Depreciation | — | — | — | $344.1M | $152.5M | $118.6M | $47.1M | $7.4M |
| Amortization | $7.0K | $78.0K | $415.0K | $4.2M | $2.1M | $2.1M | $2.0M | $1.6M |
| Stock-Based Compensation | — | — | — | $45.3M | $29.6M | $24.1M | $31.5M | $8.5M |
| Net Cash from Operating Activities | — | — | — | $-461.0M | $-233.7M | $-17.2M | $73.5M | $-24.0M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | $144.7M | $66.1M | $61.5M | $19.3M | $139.2M |
| Business Acquisitions | — | — | — | — | $0 | $0 | $19.8M | $0 |
| Net Cash from Investing Activities | — | — | — | $-305.7M | $-920.4M | $-331.9M | $-211.0M | $-229.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | $145.0M | $0 | $0 | — | — |
| Net Cash from Financing Activities | — | — | — | $688.9M | $1.25B | $357.9M | $139.9M | $268.1M |
| Net Change in Cash | — | — | — | $-77.8M | $95.1M | $8.8M | $2.4M | $14.9M |
| Free Cash Flow | — | — | — | $-605.7M | $-299.8M | $-78.7M | $54.2M | $-163.2M |