Hut 8 (TSE:HUT)
TSX:HUT
Holding TSE:HUT?
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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 $35.22M, an increase of 83.57% from the same quarter last year. In Q2, Hut 8's net income was $-71.87M. See Hut 8’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 103.94M$ 60.60M$ 150.68M$ 173.77M$ 40.71M$ 81.99M
Cost of Revenue
$ 70.23M$ 34.30M$ 175.65M$ 89.02M$ 60.06M$ 79.86M
Gross Profit
$ 33.70M$ 26.30M$ -24.97M$ 84.75M$ -19.35M$ 2.13M
Operating Expense
$ 83.15M$ 48.17M$ 50.47M$ 36.22M$ 4.32M$ 4.76M
Operating Income
$ -49.45M$ -21.87M$ -75.44M$ 48.53M$ -23.67M$ -2.63M
Net Non Operating Interest Income Expense
$ -14.78M$ -11.70M$ -6.67M$ -1.50M$ 2.44M$ 4.78M
Other Income Expense
$ -206.88M$ -38.36M$ -98.81M$ -117.12M$ 30.10M$ 9.55M
Pretax Income
$ 139.95M$ 5.79M$ 15.43M$ -67.09M$ 3.99M$ 2.13M
Tax Provision
$ 5.65M$ -421.00K$ 9.59M$ 5.62M$ -15.05M-
Earnings From Equity Interest Net Of Tax
$ 6.96M$ 6.17M----
Net Income Common Stockholders
$ 125.43M$ 6.21M$ 5.83M$ -72.71M$ 19.04M$ 2.13M
Basic EPS
$ 1.88$ 0.12$ -1.29$ -0.54$ 0.20$ 0.02
Diluted EPS
$ 1.74$ 0.11$ -1.29$ -0.54$ 0.20$ 0.02
Basic Average Shares
$ 401.03M$ 51.27M$ 187.77M$ 134.16M$ 93.84M$ 89.40M
Diluted Average Shares
$ 405.58M$ 55.27M-$ 134.16M$ 94.24M$ 90.61M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 109.68M$ 82.47M$ 226.12M---
Interest Expense
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Net Income From Continuing And Discontinued Operation
$ 125.43M$ 6.21M$ 5.83M$ -72.71M$ 19.04M$ 2.13M
Normalized Income
$ 169.19M$ -26.82M$ 11.34M$ -49.49M$ -27.03M$ -2.58M
EBIT
$ 154.73M$ 17.49M$ 23.02M$ -65.73M$ 6.44M$ 6.96M
EBITDA
$ 181.28M$ 31.97M$ 117.55M$ -42.45M$ 27.71M$ 40.01M
Currency in USD

Hut 8 Earnings and Revenue History

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