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Hut 8 (HUT)

NASDAQ:HUT

HUT

Hut 8

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Hut 8 (HUT) Income Statement

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Hut 8 Income Statement

Last quarter (Q2 2024), Hut 8's total revenue was C$35.22M, an increase of 83.57% from the same quarter last year. In Q2, Hut 8's net income was C$-71.87M. See Hut 8’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	C$ 103.94M	C$ 60.60M	C$ 150.68M	C$ 173.77M	C$ 40.71M	C$ 81.99M
Cost of Revenue	C$ 70.23M	C$ 34.30M	C$ 175.65M	C$ 89.02M	C$ 60.06M	C$ 79.86M
Gross Profit	C$ 33.70M	C$ 26.30M	C$ -24.97M	C$ 84.75M	C$ -19.35M	C$ 2.13M
Operating Expense	C$ 83.15M	C$ 48.17M	C$ 50.47M	C$ 36.22M	C$ 4.32M	C$ 4.76M
Operating Income	C$ -49.45M	C$ -21.87M	C$ -75.44M	C$ 48.53M	C$ -23.67M	C$ -2.63M
Net Non Operating Interest Income Expense	C$ -14.78M	C$ -11.70M	C$ -6.67M	C$ -1.50M	C$ 2.44M	C$ 4.78M
Other Income Expense	C$ -206.88M	C$ -38.36M	C$ -98.81M	C$ -117.12M	C$ 30.10M	C$ 9.55M
Pretax Income	C$ 139.95M	C$ 5.79M	C$ 15.43M	C$ -67.09M	C$ 3.99M	C$ 2.13M
Tax Provision	C$ 5.65M	C$ -421.00K	C$ 9.59M	C$ 5.62M	C$ -15.05M	-
Earnings From Equity Interest Net Of Tax	C$ 6.96M	C$ 6.17M	-	-	-	-
Net Income Common Stockholders	C$ 125.43M	C$ 6.21M	C$ 5.83M	C$ -72.71M	C$ 19.04M	C$ 2.13M
Basic EPS	C$ 1.88	C$ 0.12	C$ -1.29	C$ -0.54	C$ 0.20	C$ 0.02
Diluted EPS	C$ 1.74	C$ 0.11	C$ -1.29	C$ -0.54	C$ 0.20	C$ 0.02
Basic Average Shares	C$ 401.03M	C$ 51.27M	C$ 187.77M	C$ 134.16M	C$ 93.84M	C$ 89.40M
Diluted Average Shares	C$ 405.58M	C$ 55.27M	-	C$ 134.16M	C$ 94.24M	C$ 90.61M
Dividend Per Share	-	-	-	-	-	-
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	C$ 109.68M	C$ 82.47M	C$ 226.12M	-	-	-
Interest Expense	-	-	-	-	-	-
Net Income From Continuing And Discontinued Operation	C$ 125.43M	C$ 6.21M	C$ 5.83M	C$ -72.71M	C$ 19.04M	C$ 2.13M
Normalized Income	C$ 169.19M	C$ -26.82M	C$ 11.34M	C$ -49.49M	C$ -27.03M	C$ -2.58M
EBIT	C$ 154.73M	C$ 17.49M	C$ 23.02M	C$ -65.73M	C$ 6.44M	C$ 6.96M
EBITDA	C$ 181.28M	C$ 31.97M	C$ 117.55M	C$ -42.45M	C$ 27.71M	C$ 40.01M

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Hut 8 Earnings and Revenue History

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