Hut 8 Mining Corp.
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Hut 8 Mining Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 53% to $81,797,778. The net income raised on $8,378,856 and profit margin reached 10%. Total operating expenses were $34,426,465.
Profit Margin
| 2012 | 0 | 0 | |
|---|---|---|---|
| 2013 | 0 | -168.87K | |
| 2015 | 0 | -82.10K | |
| 2016 | 0 | -105.43K | |
| 2017 | 6.73M | 567.07K | 8.41% |
| 2018 | 49.43M | -136.76M | -276.63% |
| 2019 | 81.99M | -2.62M | -3.21% |
| 2020 | 40.71M | 19.04M | 46.77% |
| 2022 | 173.77M | -72.71M | -41.84% |
| 2023 | 81.79M | 8.37M | 10.24% |
HUT Income Statement (2012 – 2023)
| 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 81.79M | 173.77M | 40.71M | 81.99M | 49.43M | 6.73M | 0 | 0 | 0 | 0 |
Cost of revenue | 60.63M | 84.97M | 61.81M | 79.85M | 72.92M | 788.53K | 0 | 0 | 0 | 0 |
Gross profit | 21.16M | 88.79M | -21.09M | 2.13M | -23.48M | 5.95M | 0 | 0 | 0 | 0 |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | -58.72M | 0 | 0 | 0 | 0 | 133.95K | 0 | 0 | 0 | 0 |
Total operating expenses | 34.42M | 40.26M | 2.56M | 4.76M | 25.62M | 5.27M | 105.43K | 57.10K | 168.87K | 0 |
Operating income | -13.25M | 48.71M | -7.13M | -2.65M | -49.10M | 1.37M | -105.43K | -57.10K | -166.87K | 0 |
Other income (expenses), net | 21.06M | -115.80M | 11.12M | 4.78M | -85.63M | -703.95K | 0 | -25K | -2K | 0 |
Income before tax | 7.81M | -67.09M | 3.99M | 2.13M | -136.76M | 673.63K | -105.43K | -82.10K | -168.87K | 0 |
Income tax expense | -568.21K | 5.62M | -15.04M | 4.75M | -84.73M | 106.56K | 0 | 25K | 0 | 0 |
Net income | 8.37M | -72.71M | 19.04M | -2.62M | -136.76M | 567.07K | -105.43K | -82.10K | -168.87K | 0 |
Earnings per share | ||||||||||
Basic EPS | 0.16 | -0.53 | 1.01 | -0.02 | -2.43 | 0.03 | -0.19 | -0.14 | -4 | 0 |
Diluted EPS | 0.1 | -0.53 | 0.27 | -0.02 | -2.43 | 0.01 | -0.19 | -0.14 | -4 | 0 |
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