TERAWULF INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 35.5% | -0.1% | -0.4% |
| FY2017 | 33.2% | -2.7% | -1.3% |
| FY2018 | 34.3% | 1.2% | 0.8% |
| FY2019 | 30.6% | -5.4% | -4.6% |
| FY2020 | 29.1% | -13.3% | -3.3% |
| FY2022 | 26.3% | -291.0% | -603.9% |
| FY2023 | 53.5% | -42.5% | -106.1% |
| FY2024 | 49.8% | -54.4% | -51.7% |
| FY2025 | 39.2% | -110.5% | -392.6% |