888-969-2592
Kalkine 0
countryflagCA

Hut 8 Mining Corp

Financial Services CA HUT

30.28CAD
0.13(0.43%)

Last update at 2025-07-11T16:31:00Z

Day Range

29.8731.19
LowHigh

52 Week Range

11.8645.20
LowHigh

Fundamentals

  • Previous Close 30.15
  • Market Cap2467.17M
  • Volume993816
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA106.78M
  • Revenue TTM132.46M
  • Revenue Per Share TTM1.40
  • Gross Profit TTM 55.29M
  • Diluted EPS TTM-0.91

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Analyst Recommendations

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2023-06-30 2022-12-31 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2023-06-30 2022-12-31 2022-06-30
Income before tax 451.91M 7.81M -233.22000M -233.22000M -67.09014M
Minority interest 0.47M - - - -
Net income 331.88M 16.45M -242.81300M -242.81300M -72.71043M
Selling general administrative 72.92M 93.15M 42.16M 42.16M 29.57M
Selling and marketing expenses - 58.72M - - -
Gross profit 585.07M 21.17M -24.96700M -24.96700M 88.80M
Reconciled depreciation 49.41M - 19.07M 19.07M 11.99M
Ebit 481.70M -13.25932M -90.96000M -90.96000M 48.72M
Ebitda 531.11M 1.36M 3.57M 3.57M 74.67M
Depreciation and amortization 49.41M 14.61M 94.53M 94.53M 25.96M
Non operating income net other - - - - -
Operating income 460.54M -13.25932M -90.96000M -90.96000M 48.72M
Other operating expenses 211.18M 95.06M 226.12M 226.12M 125.24M
Interest expense 29.79M - 7.59M 7.59M 1.36M
Tax provision 113.46M - -1.19800M -1.19800M 5.07M
Interest income - - - - -
Net interest income -29.79400M - -27.93500M -27.93500M -6.91900M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 113.46M -0.56822M 9.59M 9.59M 5.62M
Total revenue 671.72M 81.80M 150.68M 150.68M 173.77M
Total operating expenses 91.81M 34.43M 50.47M 50.47M 40.26M
Cost of revenue 86.66M 60.63M 175.65M 175.65M 84.98M
Total other income expense net -8.62900M 21.07M -142.26000M -142.26000M -115.80590M
Discontinued operations - - - - -
Net income from continuing ops 338.45M - -65.61100M -65.61100M -31.80300M
Net income applicable to common shares - - -242.81300M -242.81300M -72.71100M
Preferred stock and other adjustments - - - - -
Breakdown 2024-12-31 2023-12-31 2023-06-30 2022-12-31 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2023-06-30 2022-12-31 2022-06-30
Total assets 1518.86M 976.87M 412.94M 412.94M 720.71M
Intangible assets 13.27M 22.89M 3.59M 3.59M -
Earning assets - - - - -
Other current assets 163.74M 29.49M 203.63M 203.63M 323.95M
Total liab 538.28M 333.87M 55.55M 55.55M 154.74M
Total stockholder equity 976.67M 643.00M 357.39M 357.39M 565.97M
Deferred long term liab - - - - -
Other current liab 53.48M 37.97M 7.96M 6.93M 2.50M
Common stock 0.99M 1.17M 767.64M 767.64M 636.60M
Capital stock 0.99M - 98.50M 98.50M 98.50M
Retained earnings 231.63M -132.19229M -431.07300M -431.07300M -188.25950M
Other liab - - 0.21M 0.21M 104.48M
Good will 53.08M 75.94M 11.54M 11.54M -
Other assets - - 27.22M 27.22M 156.50M
Cash 85.04M 40.82M 30.52M 30.52M 140.13M
Cash and equivalents - - - - -
Total current liabilities 153.96M 148.42M 30.13M 30.13M 26.06M
Current deferred revenue 6.20M 3.56M - 1.03M -
Net debt 260.61M 227.93M 16.90M 16.90M -99.43216M
Short term debt 72.44M 87.16M 16.22M 16.22M 16.49M
Short long term debt 64.97M - 1.30M 1.30M 77.22M
Short long term debt total 345.65M 268.75M 47.42M 47.42M 40.69M
Other stockholder equity 789.60M 759.83M 20.82M -79.80300M 14.09M
Property plant equipment - - 124.96M 124.96M 96.13M
Total current assets 256.84M 81.25M 245.62M 245.62M 468.08M
Long term investments 88.39M - 93.58M 93.58M -
Net tangible assets - - 336.25M 336.25M 565.97M
Short term investments 132.87M 6.54M 0.85M 203.63M 0.85M
Net receivables 8.06M 4.40M 1.59M 1.59M 0.65M
Long term debt 235.62M - 149.89M 149.89M 51.06M
Inventory - 0.00000M 9.89M 9.89M 3.36M
Accounts payable 11.29M 19.73M 5.96M 5.96M 7.07M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -45.55300M 14.19M - 2.12M 103.54M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 865.00M 512.57M 27.22M 27.22M 45.74M
Deferred long term asset charges - - - - -
Non current assets total 1262.02M 895.62M 167.31M 167.31M 252.63M
Capital lease obligations 45.06M - 1.34M 1.34M 2.40M
Long term debt total - - - - -
Breakdown 2023-12-31 2023-06-30 2022-12-31 2022-06-30 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2023-06-30 2022-12-31 2022-06-30 2021-12-31
Investments - 25.25M 25.25M -178.71600M -178.71600M
Change to liabilities - 4.59M 4.59M 5.70M 5.70M
Total cashflows from investing activities - -103.60800M -103.60800M -235.06700M -235.06700M
Net borrowings - -20.95400M -20.95400M 15.95M 15.95M
Total cash from financing activities -33.45064M 99.83M 99.83M 455.84M 455.84M
Change to operating activities - -2.67500M -2.67500M -3.77600M -3.77600M
Net income 8.38M -242.81300M -242.81300M -72.71043M -72.71043M
Change in cash 10.30M -109.61200M -109.61200M 137.31M 137.31M
Begin period cash flow 30.52M 140.13M 140.13M 2.82M 2.82M
End period cash flow 40.82M 30.52M 30.52M 140.13M 140.13M
Total cash from operating activities -26.48221M -105.03400M -105.03400M -80.24150M -80.24150M
Issuance of capital stock - 0.00000M 0.00000M 73.79M 73.79M
Depreciation 14.61M 94.53M 94.53M 23.29M 23.29M
Other cashflows from investing activities - -0.73300M -0.73300M -148.63600M -148.63600M
Dividends paid - - - - -
Change to inventory - - -4.58800M - -5.69947M
Change to account receivables -0.86785M 0.09M 0.09M 0.24M 0.24M
Sale purchase of stock - - - - -
Other cashflows from financing activities -58.56761M -4.07500M -4.07500M 105.39M 105.39M
Change to netincome - -72.62600M -72.62600M -32.98700M -32.98700M
Capital expenditures 0.82M 72.70M 72.70M 86.43M 86.43M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 8.86M 2.00M 2.00M 2.17M 2.17M
Stock based compensation 32.37M 6.91M 6.91M 9.88M 9.88M
Other non cash items -32.41138M 24.74M 24.74M -48.48298M -48.48298M
Free cash flow -27.29742M -177.73500M -177.73500M -166.67285M -166.67285M

Peer Comparison

Sector: Financial Services Industry: Capital Markets

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
HUT
Hut 8 Mining Corp		 0.13 0.43% 30.28 - 27.62 18.63 1.87 8.02 17.20
GLXY
Galaxy Digital Holdings Ltd		 0.68 2.43% 28.62 35.62 166.67 34.67 2.52 47.61 12.68
CF
Canaccord Genuity Group Inc		 -0.17 1.54% 10.89 - 11.14 0.61 1.28 0.03 0.19
BITF
Bitfarms Ltd		 0.02 1.36% 1.49 - 84.03 2.95 0.68 1.63 7.23
PNP
Pinetree Capital Ltd		 0.36 2.19% 16.80 4.94 - 4.76 1.72 4.58

Reports Covered

Stock Research & News

View All

Profile

Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. The company operates through four segments: Power, Digital Infrastructure, Compute, and Other. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services, as well as engages in the Bitcoin mining business. In addition, the company provides colocation and data center cloud services; hosting services, which include the provision of mining equipment, as well as monitors, troubleshoots, repairs, and maintains related equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida.

Hut 8 Mining Corp

1101 Brickell Avenue, Miami, FL, United States, 33131

Key Executives

Name Title Year Born
Mr. Asher Kevin Genoot Co-Founder, CEO, President & Director 1996
Mr. Michael Ho Co-Founder, Chief Strategy Officer & Director 1994
Mr. Sean Glennan Chief Financial Officer NA
Mr. James Beer Senior Vice President of Operations NA
Ms. Suzanne Ennis Head of Investor Relations NA
Mr. Victor Semah Chief Legal Officer 1983
Mr. Asher Kevin Genoot Co-Founder, CEO & Director 1996
Mr. Sean Glennan Chief Financial Officer 1983
Mr. Victor Semah J.D. Chief Legal Officer & Corporate Secretary 1983

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.