HUT: Hut 8 Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Hut 8 Corp (HUT).
$1.92B Market Cap.
HUT Market Cap. (MRY)
HUT Shares Outstanding (MRY)
HUT Assets (MRY)
Total Assets
$1.52B
Total Liabilities
$538.28M
Total Investments
$106.47M
HUT Income (MRY)
Revenue
$162.38M
Net Income
$331.88M
Operating Expense
-$384.81M
HUT Cash Flow (MRY)
CF Operations
-$68.53M
CF Investing
-$188.47M
CF Financing
$311.95M
HUT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
Total Assets | $1,518,860,000 (699.41%) | $189,997,000 (-22.46%) | $245,025,000 |
Assets Current | $256,841,000 (1225.97%) | $19,370,000 (-47.76%) | $37,080,000 |
Assets Non-Current | $1,262,019,000 (639.64%) | $170,627,000 (-17.95%) | $207,945,000 |
Goodwill & Intangible Assets | $66,355,000 (1098.83%) | $5,535,000 (0%) | $0 |
Shareholders Equity | $976,669,000 (3468.00%) | $27,373,000 (-68.75%) | $87,603,000 |
Property Plant & Equipment Net | $242,274,000 (240.01%) | $71,255,000 (-40.43%) | $119,608,000 |
Cash & Equivalents | $85,635,000 (725.08%) | $10,379,000 (-50.73%) | $21,067,000 |
Accumulated Other Comprehensive Income | -$45,553,000 (0%) | $0 (0%) | $0 |
Deferred Revenue | $6,199,000 (501.26%) | $1,031,000 (-93.05%) | $14,839,000 |
Total Investments | $106,469,000 (13.77%) | $93,583,000 (0%) | $0 |
Investments Current | $18,076,000 (0%) | $0 (0%) | $0 |
Investments Non-Current | $88,393,000 (-5.55%) | $93,583,000 (0%) | $0 |
Inventory | $0 (0%) | $0 (0%) | $0 |
Trade & Non-Trade Receivables | $6,989,000 (998.90%) | $636,000 (-45.55%) | $1,168,000 |
Trade & Non-Trade Payables | $41,786,000 (449.02%) | $7,611,000 (0.01%) | $7,610,000 |
Accumulated Retained Earnings (Deficit) | $231,630,000 (317.50%) | -$106,498,000 (-160.47%) | -$40,887,000 |
Tax Assets | $1,073,000 (0%) | $0 (0%) | $0 |
Tax Liabilities | $111,114,000 (7541.95%) | $1,454,000 (-51.08%) | $2,972,000 |
Total Debt | $345,649,000 (126.61%) | $152,528,000 (16.72%) | $130,679,000 |
Debt Current | $72,437,000 (4176.09%) | $1,694,000 (-97.82%) | $77,711,000 |
Debt Non-Current | $273,212,000 (81.13%) | $150,834,000 (184.76%) | $52,968,000 |
Total Liabilities | $538,281,000 (231.00%) | $162,624,000 (3.30%) | $157,422,000 |
Liabilities Current | $153,955,000 (1389.50%) | $10,336,000 (-89.68%) | $100,160,000 |
Liabilities Non-Current | $384,326,000 (152.37%) | $152,288,000 (165.95%) | $57,262,000 |
HUT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
Revenues | $162,385,000 (97.64%) | $82,160,000 (11.43%) | $73,730,000 |
Cost of Revenue | $86,655,000 (101.00%) | $43,112,000 (67.21%) | $25,783,000 |
Selling General & Administrative Expense | $72,917,000 (166.67%) | $27,344,000 (-12.71%) | $31,325,000 |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 |
Operating Expenses | -$384,809,000 (-457.17%) | $107,737,000 (58.99%) | $67,762,000 |
Interest Expense | $29,794,000 (6.65%) | $27,935,000 (303.74%) | $6,919,000 |
Income Tax Expense | $113,457,000 (9570.53%) | -$1,198,000 (-123.63%) | $5,069,000 |
Net Loss Income from Discontinued Operations | $7,044,000 (0%) | $0 (0%) | $0 |
Consolidated Income | $331,409,000 (605.11%) | -$65,611,000 (-106.30%) | -$31,803,000 |
Net Income to Non-Controlling Interests | -$473,000 (0%) | $0 (0%) | $0 |
Net Income | $331,882,000 (605.83%) | -$65,611,000 (-106.30%) | -$31,803,000 |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 |
Net Income Common Stock | $331,882,000 (605.83%) | -$65,611,000 (-106.30%) | -$31,803,000 |
Weighted Average Shares | $91,320,744 (120.20%) | $41,471,593 (22.33%) | $33,900,145 |
Weighted Average Shares Diluted | $101,047,739 (143.66%) | $41,471,593 (22.33%) | $33,900,145 |
Earning Before Interest & Taxes (EBIT) | $475,133,000 (1322.24%) | -$38,874,000 (-96.18%) | -$19,815,000 |
Gross Profit | $75,730,000 (93.94%) | $39,048,000 (-18.56%) | $47,947,000 |
Operating Income | $460,539,000 (770.47%) | -$68,689,000 (-246.65%) | -$19,815,000 |
HUT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
Net Cash Flow from Investing | -$188,472,000 (-846.48%) | $25,248,000 (118.79%) | -$134,365,000 |
Net Cash Flow from Financing | $311,946,000 (4827.17%) | -$6,599,000 (-103.44%) | $191,629,000 |
Net Cash Flow from Operations | -$68,535,000 (-133.61%) | -$29,337,000 (31.64%) | -$42,915,000 |
Net Cash Flow / Change in Cash & Cash Equivalents | $54,678,000 (611.58%) | -$10,688,000 (-174.49%) | $14,349,000 |
Net Cash Flow - Business Acquisitions and Disposals | -$3,203,000 (67.97%) | -$10,000,000 (0%) | $0 |
Net Cash Flow - Investment Acquisitions and Disposals | -$26,232,000 (-152.43%) | $50,030,000 (12.80%) | $44,351,000 |
Capital Expenditure | -$158,751,000 (-973.95%) | -$14,782,000 (91.73%) | -$178,716,000 |
Issuance (Repayment) of Debt Securities | $127,216,000 (2027.81%) | -$6,599,000 (-105.59%) | $118,125,000 |
Issuance (Purchase) of Equity Shares | $162,534,000 (0%) | $0 (0%) | $0 |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 |
Effect of Exchange Rate Changes on Cash | -$261,000 (0%) | $0 (0%) | $0 |
Share Based Compensation | $20,783,000 (350.73%) | $4,611,000 (-49.75%) | $9,176,000 |
Depreciation Amortization & Accretion | $51,381,000 (167.58%) | $19,202,000 (58.09%) | $12,146,000 |
HUT Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
Gross Margin | 46.60% (-1.89%) | 47.50% (-26.92%) | 65.00% |
Profit Margin | 204.40% (355.82%) | -79.90% (-85.38%) | -43.10% |
EBITDA Margin | 324.20% (1456.49%) | -23.90% (-129.81%) | -10.40% |
Return on Average Equity (ROAE) | 43.20% (327.37%) | -19.00% | - |
Return on Average Assets (ROAA) | 28.20% (323.81%) | -12.60% | - |
Return on Sales (ROS) | 292.60% (718.60%) | -47.30% (-75.84%) | -26.90% |
Return on Invested Capital (ROIC) | 39.10% (643.06%) | -7.20% | - |
Dividend Yield | 0% | - | - |
Price to Earnings Ratio (P/E) | 5.52 | - | - |
Price to Sales Ratio (P/S) | 11.52 | - | - |
Price to Book Ratio (P/B) | 1.96 | - | - |
Debt to Equity Ratio (D/E) | 0.55 (-90.73%) | 5.94 (230.61%) | 1.8 |
Earnings Per Share (EPS) | 3.71 (334.81%) | -1.58 (-68.09%) | -0.94 |
Sales Per Share (SPS) | 1.78 (-10.25%) | 1.98 (-8.92%) | 2.17 |
Free Cash Flow Per Share (FCFPS) | -2.49 (-133.93%) | -1.06 (83.73%) | -6.54 |
Book Value Per Share (BVPS) | 10.7 (1520.45%) | 0.66 (-74.46%) | 2.58 |
Tangible Assets Book Value Per Share (TABVPS) | 15.91 (257.60%) | 4.45 (-38.46%) | 7.23 |
Enterprise Value Over EBIT (EV/EBIT) | 5 | - | - |
Enterprise Value Over EBITDA (EV/EBITDA) | 4.16 | - | - |
Asset Turnover | 0.14 (-12.10%) | 0.16 | - |
Current Ratio | 1.67 (-10.99%) | 1.87 (406.49%) | 0.37 |
Dividends | $0 (0%) | $0 (0%) | $0 |
Free Cash Flow (FCF) | -$227,286,000 (-415.17%) | -$44,119,000 (80.09%) | -$221,631,000 |
Enterprise Value (EV) | $2,188,535,575 | - | - |
Earnings Before Tax (EBT) | $445,339,000 (766.59%) | -$66,809,000 (-149.90%) | -$26,734,000 |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $526,514,000 (2776.46%) | -$19,672,000 (-156.51%) | -$7,669,000 |
Invested Capital | $1,558,564,000 (392.79%) | $316,275,000 (24.28%) | $254,477,000 |
Working Capital | $102,886,000 (1038.88%) | $9,034,000 (114.32%) | -$63,080,000 |
Tangible Asset Value | $1,452,505,000 (687.43%) | $184,462,000 (-24.72%) | $245,025,000 |
Market Capitalization | $1,917,476,575 | - | - |
Average Equity | $768,175,500 (122.41%) | $345,379,750 | - |
Average Assets | $1,176,025,000 (125.10%) | $522,455,500 | - |
Invested Capital Average | $1,215,978,500 (126.08%) | $537,859,250 | - |
Shares | 93,581,092 (33.85%) | 69,915,667 | - |
