CIFR: Cipher Mining Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Cipher Mining Inc (CIFR).
$1.61B Market Cap.
CIFR Market Cap. (MRY)
CIFR Shares Outstanding (MRY)
CIFR Assets (MRY)
Total Assets
$855.45M
Total Liabilities
$173.49M
Total Investments
$232.23M
CIFR Income (MRY)
Revenue
$151.27M
Net Income
-$44.63M
Operating Expense
$124.30M
CIFR Cash Flow (MRY)
CF Operations
-$87.51M
CF Investing
-$192.13M
CF Financing
$213.51M
CIFR Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2020 |
|---|---|---|---|---|
Total Assets | $855,446,000 (51.10%) | $566,137,000 (35.29%) | $418,463,000 (241664.55%) | $173,087 |
Assets Current | $168,205,000 (8.17%) | $155,498,000 (225.75%) | $47,735,000 (0%) | $0 |
Assets Non-Current | $687,241,000 (67.36%) | $410,639,000 (10.77%) | $370,728,000 (214085.93%) | $173,087 |
Goodwill & Intangible Assets | $8,881,000 (9.52%) | $8,109,000 (1260.57%) | $596,000 (0%) | $0 |
Shareholders Equity | $681,953,000 (38.80%) | $491,336,000 (43.29%) | $342,892,000 (9853318.39%) | -$3,480 |
Property Plant & Equipment Net | $493,426,000 (96.67%) | $250,892,000 (27.83%) | $196,275,000 (11989820.59%) | $1,637 |
Cash & Equivalents | $19,977,000 (-76.80%) | $86,105,000 (621.93%) | $11,927,000 (0%) | $0 |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Total Investments | $232,229,000 (43.50%) | $161,827,000 (46.50%) | $110,463,000 (0%) | $0 |
Investments Current | $124,299,000 (91.65%) | $64,856,000 (137.10%) | $27,354,000 (0%) | $0 |
Investments Non-Current | $107,930,000 (11.30%) | $96,971,000 (16.68%) | $83,109,000 (0%) | $0 |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Trade & Non-Trade Receivables | $34,934,000 (3929.30%) | $867,000 (-27.75%) | $1,200,000 (0%) | $0 |
Trade & Non-Trade Payables | $22,699,000 (247.40%) | $6,534,000 (-62.38%) | $17,369,000 (905006.83%) | $1,919 |
Accumulated Retained Earnings (Deficit) | -$181,412,000 (-32.63%) | -$136,777,000 (-22.99%) | -$111,209,000 (-3195560.92%) | -$3,480 |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Tax Liabilities | $4,269,000 (-18.00%) | $5,206,000 (182.93%) | $1,840,000 (0%) | $0 |
Total Debt | $56,419,000 (156.71%) | $21,978,000 (8.16%) | $20,320,000 (0%) | $0 |
Debt Current | $39,255,000 (758.97%) | $4,570,000 (27.05%) | $3,597,000 (0%) | $0 |
Debt Non-Current | $17,164,000 (-1.40%) | $17,408,000 (4.10%) | $16,723,000 (0%) | $0 |
Total Liabilities | $173,493,000 (131.94%) | $74,801,000 (-1.02%) | $75,571,000 (42700.18%) | $176,567 |
Liabilities Current | $131,778,000 (289.96%) | $33,793,000 (-16.20%) | $40,326,000 (22738.92%) | $176,567 |
Liabilities Non-Current | $41,715,000 (1.72%) | $41,008,000 (16.35%) | $35,245,000 (0%) | $0 |
CIFR Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2020 |
|---|---|---|---|---|
Revenues | $151,270,000 (19.26%) | $126,842,000 (4076.56%) | $3,037,000 (0%) | $0 |
Cost of Revenue | $62,364,000 (23.96%) | $50,309,000 (6625.80%) | $748,000 (0%) | $0 |
Selling General & Administrative Expense | $93,451,000 (9.69%) | $85,195,000 (20.27%) | $70,836,000 (2038346.04%) | $3,475 |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Operating Expenses | $124,300,000 (2.77%) | $120,954,000 (58.70%) | $76,217,000 (2190043.68%) | $3,480 |
Interest Expense | $1,708,000 (-14.56%) | $1,999,000 (1359.12%) | $137,000 (0%) | $0 |
Income Tax Expense | $318,000 (-91.08%) | $3,567,000 (93.86%) | $1,840,000 (0%) | $0 |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Consolidated Income | -$44,635,000 (-73.16%) | -$25,777,000 (33.99%) | -$39,053,000 (-1122112.64%) | -$3,480 |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Income | -$44,635,000 (-73.16%) | -$25,777,000 (33.99%) | -$39,053,000 (-1122112.64%) | -$3,480 |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Income Common Stock | -$44,635,000 (-73.16%) | -$25,777,000 (33.99%) | -$39,053,000 (-1122112.64%) | -$3,480 |
Weighted Average Shares | $323,103,303 (27.99%) | $252,439,461 (1.70%) | $248,227,458 (1055.73%) | $21,478,000 |
Weighted Average Shares Diluted | $323,103,303 (27.99%) | $252,439,461 (1.70%) | $248,227,458 | - |
Earning Before Interest & Taxes (EBIT) | -$42,609,000 (-110.82%) | -$20,211,000 (45.49%) | -$37,076,000 (-1065302.30%) | -$3,480 |
Gross Profit | $88,906,000 (16.17%) | $76,533,000 (3243.51%) | $2,289,000 (0%) | $0 |
Operating Income | -$35,394,000 (20.32%) | -$44,421,000 (39.91%) | -$73,928,000 (-2124267.82%) | -$3,480 |
CIFR Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2020 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$192,129,000 (-464.19%) | $52,755,000 (130.33%) | -$173,909,000 (0%) | $0 |
Net Cash Flow from Financing | $213,512,000 (84.60%) | $115,664,000 (3843.17%) | -$3,090,000 (0%) | $0 |
Net Cash Flow from Operations | -$87,511,000 (7.14%) | -$94,241,000 (-350.59%) | -$20,915,000 (0%) | $0 |
Net Cash Flow / Change in Cash & Cash Equivalents | -$66,128,000 (-189.15%) | $74,178,000 (137.48%) | -$197,914,000 (0%) | $0 |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Cash Flow - Investment Acquisitions and Disposals | $111,747,000 (0.27%) | $111,451,000 (106.36%) | $54,009,000 (0%) | $0 |
Capital Expenditure | -$303,876,000 (-417.71%) | -$58,696,000 (74.25%) | -$227,918,000 (0%) | $0 |
Issuance (Repayment) of Debt Securities | $19,459,000 (251.10%) | -$12,878,000 (0%) | $0 (0%) | $0 |
Issuance (Purchase) of Equity Shares | $194,053,000 (50.96%) | $128,542,000 (4259.94%) | -$3,090,000 (0%) | $0 |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Share Based Compensation | $42,132,000 (9.52%) | $38,470,000 (-7.31%) | $41,504,000 (0%) | $0 |
Depreciation Amortization & Accretion | $104,616,000 (69.13%) | $61,855,000 (1069.95%) | $5,287,000 (105739900.00%) | $5 |
CIFR Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2020 |
|---|---|---|---|---|
Gross Margin | 58.80% (-2.49%) | 60.30% (-20.03%) | 75.40% | - |
Profit Margin | -29.50% (-45.32%) | -20.30% (98.42%) | -1285.90% | - |
EBITDA Margin | 41.00% (25.00%) | 32.80% (103.13%) | -1046.70% | - |
Return on Average Equity (ROAE) | -6.70% (1.47%) | -6.80% (39.82%) | -11.30% | - |
Return on Average Assets (ROAA) | -5.80% (-1.75%) | -5.70% (44.12%) | -10.20% | - |
Return on Sales (ROS) | -28.20% (-77.36%) | -15.90% (98.70%) | -1220.80% | - |
Return on Invested Capital (ROIC) | -6.50% (-32.65%) | -4.90% (57.39%) | -11.50% | - |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | -33.14 (19.75%) | -41.3 (-1080.00%) | -3.5 | - |
Price to Sales Ratio (P/S) | 9.91 (20.59%) | 8.22 (-82.04%) | 45.77 | - |
Price to Book Ratio (P/B) | 2.37 (10.51%) | 2.14 (429.95%) | 0.4 (100.00%) | -63,323.07 |
Debt to Equity Ratio (D/E) | 0.25 (67.11%) | 0.15 (-30.91%) | 0.22 (100.43%) | -50.74 |
Earnings Per Share (EPS) | -0.14 (-40.00%) | -0.1 (37.50%) | -0.16 (0%) | 0 |
Sales Per Share (SPS) | 0.47 (-6.77%) | 0.5 (4083.33%) | 0.01 (0%) | 0 |
Free Cash Flow Per Share (FCFPS) | -1.21 (-99.83%) | -0.61 (39.52%) | -1 (0%) | 0 |
Book Value Per Share (BVPS) | 2.11 (8.48%) | 1.95 (40.91%) | 1.38 (0%) | 0 |
Tangible Assets Book Value Per Share (TABVPS) | 2.62 (18.50%) | 2.21 (31.37%) | 1.68 (20937.50%) | 0.01 |
Enterprise Value Over EBIT (EV/EBIT) | -37 (30.19%) | -53 (-1666.67%) | -3 (100.00%) | -63,344 |
Enterprise Value Over EBITDA (EV/EBITDA) | 25.76 (0.07%) | 25.74 (803.86%) | -3.66 (99.99%) | -63,435.24 |
Asset Turnover | 0.2 (-30.00%) | 0.28 (3400.00%) | 0.01 | - |
Current Ratio | 1.28 (-72.27%) | 4.6 (288.60%) | 1.18 (0%) | 0 |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Free Cash Flow (FCF) | -$391,387,000 (-155.91%) | -$152,937,000 (38.54%) | -$248,833,000 (0%) | $0 |
Enterprise Value (EV) | $1,597,241,411 (49.01%) | $1,071,929,097 (821.98%) | $116,263,621 (-47.26%) | $220,437,465 |
Earnings Before Tax (EBT) | -$44,317,000 (-99.54%) | -$22,210,000 (40.32%) | -$37,213,000 (-1069239.08%) | -$3,480 |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $62,007,000 (48.90%) | $41,644,000 (231.00%) | -$31,789,000 (-914691.37%) | -$3,475 |
Invested Capital | $751,229,000 (63.27%) | $460,108,000 (19.22%) | $385,934,000 (11090157.47%) | -$3,480 |
Working Capital | $36,427,000 (-70.07%) | $121,705,000 (1542.66%) | $7,409,000 (4296.14%) | -$176,567 |
Tangible Asset Value | $846,565,000 (51.71%) | $558,028,000 (33.54%) | $417,867,000 (241320.21%) | $173,087 |
Market Capitalization | $1,613,820,411 (53.44%) | $1,051,746,097 (658.78%) | $138,610,621 (-37.10%) | $220,364,280 |
Average Equity | $661,409,750 (73.84%) | $380,463,250 (10.13%) | $345,456,250 | - |
Average Assets | $770,904,250 (70.17%) | $453,008,750 (18.76%) | $381,447,000 | - |
Invested Capital Average | $656,732,250 (58.62%) | $414,035,000 (28.08%) | $323,253,000 | - |
Shares | 347,806,123 (36.58%) | 254,660,072 (2.89%) | 247,518,966 (1052.43%) | 21,478,000 |
