CleanSpark, Inc.
Income Statement
| Line Item | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $89.3M | $104.1M | $111.8M | $73.8M | $52.5M | $45.5M | $42.5M | $27.8M |
| Cost of Revenue | $57.1M | $45.2M | $34.3M | $28.9M | $30.4M | $20.7M | $22.1M | $20.4M |
| Gross Profit | $32.1M | $58.9M | $77.5M | $44.9M | $22.1M | $24.8M | $20.5M | $7.4M |
| Gross Margin | 36.0% | 56.6% | 69.3% | 60.8% | 42.1% | 54.6% | 48.1% | 26.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $10.1M | $8.2M | $6.8M | $5.0M | $7.7M | $5.1M | $4.3M | $3.7M |
| Operating Income | $-65.6M | $-249.1M | $137.1M | $28.5M | $-69.1M | $-15.6M | $-17.5M | $-28.9M |
| Operating Margin | -73.5% | -239.2% | 122.6% | 38.6% | -131.5% | -34.2% | -41.1% | -103.8% |
| Interest Expense | $898.0K | $485.0K | $526.0K | $546.0K | $600.0K | $689.0K | $799.0K | $889.0K |
| Pretax Income | $-62.2M | $-236.2M | $126.7M | $25.9M | $-70.9M | $-14.1M | $-18.2M | $-30.5M |
| Income Tax Expense | $-155.0K | $-9.5M | $11.6M | $1.4M | $2.4M | $0 | $0 | $0 |
| Net Income | $-62.2M | $-236.2M | $126.7M | $25.9M | $-76.4M | $-14.2M | $-18.5M | $-29.0M |
| Net Margin | -69.6% | -226.9% | 113.4% | 35.1% | -145.5% | -31.2% | -43.4% | -104.4% |
| EPS (Basic) | $-0.39 | $-0.52 | $0.30 | $0.07 | $-0.25 | $-0.03 | $-0.06 | $-0.12 |
| EPS (Diluted) | $-0.38 | $-0.52 | $0.29 | $0.07 | $-0.25 | $-0.03 | $-0.06 | $-0.12 |
| Shares Outstanding (Basic) | 216.9M | 457.3M | 418.6M | 357.6M | 205.4M | 459.4M | 321.9M | 265.6M |
| Shares Outstanding (Diluted) | 216.9M | 457.3M | 424.2M | 361.6M | 205.4M | 459.4M | 321.9M | 265.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |