WULF: Terawulf Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Terawulf Inc (WULF).
$2.18B Market Cap.
WULF Market Cap. (MRY)
WULF Shares Outstanding (MRY)
WULF Assets (MRY)
Total Assets
$787.51M
Total Liabilities
$543.07M
Total Investments
$476.00K
WULF Income (MRY)
Revenue
$140.05M
Net Income
-$72.42M
Operating Expense
$153.66M
WULF Cash Flow (MRY)
CF Operations
-$24.42M
CF Investing
-$91.16M
CF Financing
$335.21M
WULF Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $787,511,000 (108.28%) | $378,106,000 (19.02%) | $317,687,000 (19.92%) | $264,911,000 (1616.26%) |
Assets Current | $281,431,000 (349.66%) | $62,587,000 (342.50%) | $14,144,000 (-79.22%) | $68,052,000 (772.08%) |
Assets Non-Current | $506,080,000 (60.40%) | $315,519,000 (3.95%) | $303,543,000 (54.19%) | $196,859,000 (2479.41%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $244,445,000 (9.87%) | $222,489,000 (88.94%) | $117,754,000 (-4.40%) | $123,179,000 (940.42%) |
Property Plant & Equipment Net | $505,052,000 (133.57%) | $216,227,000 (6.27%) | $203,465,000 (120.03%) | $92,470,000 (1151.56%) |
Cash & Equivalents | $274,065,000 (403.44%) | $54,439,000 (554.08%) | $8,323,000 (-82.08%) | $46,455,000 (1157.63%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $476,000 (-99.53%) | $100,414,000 (1.51%) | $98,924,000 (-5.14%) | $104,280,000 (0%) |
Investments Current | $476,000 (-73.57%) | $1,801,000 (884.15%) | $183,000 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $98,613,000 (-0.13%) | $98,741,000 (-5.31%) | $104,280,000 (0%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $3,799,000 (279.52%) | $1,001,000 (0%) | $0 (0%) | $647,000 (-69.47%) |
Trade & Non-Trade Payables | $25,773,000 (59.67%) | $16,141,000 (-35.84%) | $25,157,000 (112.28%) | $11,851,000 (2477.22%) |
Accumulated Retained Earnings (Deficit) | -$332,276,000 (-27.85%) | -$259,895,000 (-39.37%) | -$186,474,000 (-94.89%) | -$95,683,000 (-1175.36%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $256,000 (0%) |
Total Debt | $491,248,000 (289.04%) | $126,271,000 (-3.92%) | $131,427,000 (37.32%) | $95,707,000 (3460.00%) |
Debt Current | $27,000 (-99.98%) | $125,316,000 (117.89%) | $57,513,000 (65255.68%) | $88,000 (-96.73%) |
Debt Non-Current | $491,221,000 (51336.75%) | $955,000 (-98.71%) | $73,914,000 (-22.70%) | $95,619,000 (0%) |
Total Liabilities | $543,066,000 (248.98%) | $155,617,000 (-22.17%) | $199,933,000 (41.06%) | $141,732,000 (3841.32%) |
Liabilities Current | $51,845,000 (-66.48%) | $154,662,000 (22.73%) | $126,019,000 (174.81%) | $45,857,000 (1175.20%) |
Liabilities Non-Current | $491,221,000 (51336.75%) | $955,000 (-98.71%) | $73,914,000 (-22.91%) | $95,875,000 (0%) |
WULF Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $140,051,000 (102.30%) | $69,229,000 (360.51%) | $15,033,000 (0%) | $0 (0%) |
Cost of Revenue | $62,608,000 (129.21%) | $27,315,000 (146.46%) | $11,083,000 (0%) | $0 (0%) |
Selling General & Administrative Expense | $70,578,000 (90.66%) | $37,018,000 (2.69%) | $36,050,000 (-14.85%) | $42,335,000 (743.39%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $153,659,000 (115.40%) | $71,335,000 (49.56%) | $47,695,000 (9.90%) | $43,399,000 (662.58%) |
Interest Expense | $19,794,000 (-43.14%) | $34,812,000 (41.06%) | $24,679,000 (994.41%) | $2,255,000 (2505.10%) |
Income Tax Expense | $0 (0%) | $0 (0%) | -$256,000 (58.37%) | -$615,000 (-192.86%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $129,000 (-97.34%) | $4,857,000 (-90.11%) | $49,106,000 (0%) |
Consolidated Income | -$72,418,000 (1.37%) | -$73,421,000 (19.13%) | -$90,791,000 (5.11%) | -$95,683,000 (-21679.80%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$72,418,000 (1.37%) | -$73,421,000 (19.13%) | -$90,791,000 (5.11%) | -$95,683,000 (-21679.80%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $1,074,000 (37.16%) | $783,000 (0%) | $0 (0%) |
Net Income Common Stock | -$72,418,000 (2.79%) | -$74,495,000 (18.65%) | -$91,574,000 (4.29%) | -$95,683,000 (-21679.80%) |
Weighted Average Shares | $351,315,476 (67.33%) | $209,956,392 (89.77%) | $110,638,792 (29.86%) | $85,200,032 (4210.97%) |
Weighted Average Shares Diluted | $351,315,476 (67.33%) | $209,956,392 (89.77%) | $110,638,792 (29.86%) | $85,200,032 (4210.97%) |
Earning Before Interest & Taxes (EBIT) | -$52,624,000 (-36.30%) | -$38,609,000 (41.83%) | -$66,368,000 (29.43%) | -$94,043,000 (-16611.06%) |
Gross Profit | $77,443,000 (84.77%) | $41,914,000 (961.11%) | $3,950,000 (0%) | $0 (0%) |
Operating Income | -$76,216,000 (-159.05%) | -$29,421,000 (32.74%) | -$43,745,000 (-0.80%) | -$43,399,000 (-2329.93%) |
WULF Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$91,159,000 (-16.85%) | -$78,013,000 (17.05%) | -$94,047,000 (53.31%) | -$201,413,000 (-9884.59%) |
Net Cash Flow from Financing | $335,207,000 (179.65%) | $119,866,000 (33.21%) | $89,981,000 (-66.91%) | $271,967,000 (25304.35%) |
Net Cash Flow from Operations | -$24,422,000 (-672.88%) | $4,263,000 (112.51%) | -$34,066,000 (-41.36%) | -$24,099,000 (-5942.45%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $219,626,000 (376.25%) | $46,116,000 (220.94%) | -$38,132,000 (-182.08%) | $46,455,000 (1601.53%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | -$2,845,000 (91.35%) | -$32,906,000 (64.36%) | -$92,341,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $153,457,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$244,616,000 (-225.43%) | -$75,168,000 (-22.94%) | -$61,141,000 (43.94%) | -$109,072,000 (-82769.49%) |
Issuance (Repayment) of Debt Securities | $343,555,000 (6263.53%) | -$5,574,000 (-120.35%) | $27,389,000 (-76.84%) | $118,276,000 (10948.12%) |
Issuance (Purchase) of Equity Shares | $75,306,000 (-45.59%) | $138,417,000 (161.04%) | $53,026,000 (-49.20%) | $104,376,000 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $30,927,000 (427.85%) | $5,859,000 (273.66%) | $1,568,000 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $61,181,000 (108.45%) | $29,351,000 (321.10%) | $6,970,000 (13303.85%) | $52,000 (-92.55%) |
WULF Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 55.30% (-8.60%) | 60.50% (130.04%) | 26.30% | - |
Profit Margin | -51.70% (51.95%) | -107.60% (82.34%) | -609.20% | - |
EBITDA Margin | 6.10% (145.52%) | -13.40% (96.61%) | -395.10% | - |
Return on Average Equity (ROAE) | -22.70% (49.89%) | -45.30% (38.70%) | -73.90% (66.68%) | -221.80% (-5587.18%) |
Return on Average Assets (ROAA) | -14.00% (38.60%) | -22.80% (24.00%) | -30.00% (74.90%) | -119.50% (-4167.86%) |
Return on Sales (ROS) | -37.60% (32.62%) | -55.80% (87.36%) | -441.50% | - |
Return on Invested Capital (ROIC) | -10.60% (10.17%) | -11.80% (42.44%) | -20.50% (84.55%) | -132.70% (-2784.78%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 33.20% (0%) |
Price to Earnings Ratio (P/E) | -26.95 (-293.06%) | -6.86 (-744.46%) | -0.81 (93.90%) | -13.32 (70.61%) |
Price to Sales Ratio (P/S) | 14.2 (95.05%) | 7.28 (48.58%) | 4.9 | - |
Price to Book Ratio (P/B) | 8.94 (247.67%) | 2.57 (253.99%) | 0.73 (200.00%) | 0.24 (-85.46%) |
Debt to Equity Ratio (D/E) | 2.22 (217.88%) | 0.7 (-58.83%) | 1.7 (47.52%) | 1.15 (278.62%) |
Earnings Per Share (EPS) | -0.21 (40.00%) | -0.35 (57.32%) | -0.82 (27.43%) | -1.13 (-413.64%) |
Sales Per Share (SPS) | 0.4 (20.91%) | 0.33 (142.65%) | 0.14 (0%) | 0 (0%) |
Free Cash Flow Per Share (FCFPS) | -0.77 (-126.63%) | -0.34 (60.74%) | -0.86 (44.91%) | -1.56 (-483.21%) |
Book Value Per Share (BVPS) | 0.7 (-34.34%) | 1.06 (-0.38%) | 1.06 (-26.42%) | 1.45 (-75.86%) |
Tangible Assets Book Value Per Share (TABVPS) | 2.24 (24.49%) | 1.8 (-37.27%) | 2.87 (-7.66%) | 3.11 (-59.56%) |
Enterprise Value Over EBIT (EV/EBIT) | -41 (-127.78%) | -18 (-500.00%) | -3 (0%) | 0 (0%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 252.57 (438.30%) | -74.66 (-2085.51%) | -3.42 (-1034.88%) | -0.3 (-100.20%) |
Asset Turnover | 0.27 (27.83%) | 0.21 (332.65%) | 0.05 (0%) | 0 (0%) |
Current Ratio | 5.43 (1240.25%) | 0.41 (261.61%) | 0.11 (-92.45%) | 1.48 (-31.61%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $5 (0%) |
Free Cash Flow (FCF) | -$269,038,000 (-279.43%) | -$70,905,000 (25.53%) | -$95,207,000 (28.51%) | -$133,171,000 (-25005.43%) |
Enterprise Value (EV) | $2,161,211,474 (212.68%) | $691,178,939 (240.65%) | $202,897,479 (616.42%) | $28,321,134 (40.63%) |
Earnings Before Tax (EBT) | -$72,418,000 (1.37%) | -$73,421,000 (19.36%) | -$91,047,000 (5.45%) | -$96,298,000 (-14730.59%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $8,557,000 (192.43%) | -$9,258,000 (84.41%) | -$59,398,000 (36.80%) | -$93,991,000 (-69571.16%) |
Invested Capital | $952,849,000 (222.70%) | $295,276,000 (-6.19%) | $314,772,000 (17.32%) | $268,306,000 (2433.50%) |
Working Capital | $229,586,000 (349.35%) | -$92,075,000 (17.70%) | -$111,875,000 (-604.05%) | $22,195,000 (427.52%) |
Tangible Asset Value | $787,511,000 (108.28%) | $378,106,000 (19.02%) | $317,687,000 (19.92%) | $264,911,000 (1643.77%) |
Market Capitalization | $2,184,237,474 (282.07%) | $571,687,939 (569.09%) | $85,442,479 (186.51%) | $29,821,981 (51.36%) |
Average Equity | $318,915,000 (94.00%) | $164,388,500 (32.67%) | $123,905,500 (187.18%) | $43,145,407 (287.71%) |
Average Assets | $517,093,000 (58.31%) | $326,625,500 (7.13%) | $304,881,750 (280.70%) | $80,084,747 (418.33%) |
Invested Capital Average | $497,161,500 (52.12%) | $326,813,000 (1.06%) | $323,385,500 (356.33%) | $70,867,104 (479.48%) |
Shares | 385,907,681 (62.01%) | 238,203,308 (85.56%) | 128,369,109 (6378.29%) | 1,981,527 (0.26%) |
