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Terawulf Inc. (WULF)
:WULF
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.03Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 28, 2025
|% Change Since: -12.47%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant revenue growth and strategic advancements in HPC hosting, offset by challenges in Bitcoin mining volume and increased operational costs. While the company achieved notable financial and strategic milestones, increased expenses and operational challenges present areas for caution.Company Guidance
During the TeraWulf 2024 Fourth Quarter and Year-End Earnings Call, significant guidance was provided, focusing on the company's strategic achievements and future plans. TeraWulf doubled its revenue and adjusted EBITDA year-over-year, fueled by a higher Bitcoin production and favorable pricing, reaching a hash rate of 9.7 exahash per second with around 60,000 miners. The firm anticipates increasing its hash rate to 13.1 exahash per second and achieving fleet efficiency of 18.2 joules per terahash upon full deployment of its new S21 Pro miners. A pivotal development was the sale of the Nautilus Cryptomine joint venture, which yielded a 3.4 times return on investment and facilitated capital reallocation for their HPC hosting business expansion. TeraWulf's 10-year data center lease with Core42 is projected to generate over $1 billion in revenue, averaging $100 million annually. The company aims to contract 100 to 150 megawatts of HPC hosting capacity annually over the next three years, with particular attention to site acquisitions that meet stringent energy infrastructure criteria. Financially, TeraWulf ended the year with $274 million in cash, total assets of $787 million, and total liabilities of $543 million, setting a solid foundation for 2025 objectives, including energizing Miner Building 5, executing the Core42 agreement, and securing project financing for their HPC data center.Record Revenue Growth
GAAP revenues increased 102% year-over-year from $69.2 million in 2023 to $140.1 million in 2024.
Successful Bitcoin Mining Operations
Self-mined 2,728 Bitcoin in 2024, with a hash rate increase to 13.1 exahash per second upon full deployment of new miners.
Strategic Sale of Nautilus Cryptomine
The sale delivered a 3.4 times return on investment, freeing up capital for HPC hosting development.
HPC Hosting Expansion with Core42
Signed a 10-year 72.5 megawatt data center lease agreement with Core42, expected to generate over $1 billion in revenue.
Balance Sheet Optimization
Paid off term loan, raised $500 million through convertible offering, and executed stock buybacks totaling $150 million.
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WULF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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WULF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 28, 2025 | $3.61 | $4.19 | +16.07% |
| Nov 12, 2024 | $8.53 | $7.34 | -13.95% |
| Aug 12, 2024 | $3.57 | $3.31 | -7.28% |
| May 13, 2024 | $2.24 | $2.04 | -8.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Terawulf Inc. (WULF) report earnings?
Terawulf Inc. (WULF) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is Terawulf Inc. (WULF) earnings time?
Terawulf Inc. (WULF) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WULF EPS forecast?
WULF EPS forecast for the fiscal quarter 2025 (Q1) is -0.04.
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