RY 172.7 -0.1792% SHOP 152.38 -3.7762% TD 74.49 -0.4144% ENB 58.66 0.2906% BN 80.21 0.2124% TRI 235.76 -0.7034% CNQ 42.27 -1.3305% CP 102.81 -2.4851% CNR 145.02 -0.9426% BMO 139.15 0.5855% BNS 77.045 -0.149% CSU 4497.2998 0.6756% CM 92.23 -0.335% MFC 43.28 0.8858% ATD 79.0 -1.1882% NGT 53.35 -1.8038% TRP 65.26 0.215% SU 49.61 -1.411% WCN 251.65 -0.2181% L 191.14 0.1205%
Last update at 2024-12-19T17:41:00Z
Bitcoin Miners Announced Mixed Results After Postelection Crypto Rally
Wed 13 Nov 24, 02:24 PMThere May Be Underlying Issues With The Quality Of Hut 8's (NASDAQ:HUT) Earnings
Wed 21 Aug 24, 10:59 AMHut 8 Operations Update for June 2024
Wed 03 Jul 24, 09:00 PMHut 8 Announces Closing of $150 Million Investment from Coatue
Mon 01 Jul 24, 10:30 AMHut 8 Set to Join to Russell 3000® Index
Thu 27 Jun 24, 10:30 AMHut 8 Reports First Quarter 2024 Results
Wed 15 May 24, 10:30 AMHut 8 Operations Update for April 2024
Mon 06 May 24, 10:30 AMHut 8 optimizes self-mining operations as miners come online at Salt Creek
Tue 16 Apr 24, 10:30 AM| 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 |
| Income before tax | 7.81M | -233.22000M | -233.22000M | -67.09014M | -67.09014M |
| Minority interest | - | - | - | - | - |
| Net income | 8.38M | -242.81300M | -242.81300M | -72.71043M | -72.71043M |
| Selling general administrative | 93.15M | 42.16M | 42.16M | 29.57M | 29.57M |
| Selling and marketing expenses | 58.72M | - | - | - | - |
| Gross profit | 21.17M | -24.96700M | -24.96700M | 88.80M | 88.80M |
| Reconciled depreciation | - | 19.07M | 19.07M | 11.99M | 11.99M |
| Ebit | -13.25932M | -90.96000M | -90.96000M | 48.72M | 48.72M |
| Ebitda | 1.36M | 3.57M | 3.57M | 74.67M | 74.67M |
| Depreciation and amortization | 14.61M | 94.53M | 94.53M | 25.96M | 25.96M |
| Non operating income net other | - | - | - | - | - |
| Operating income | -13.25932M | -90.96000M | -90.96000M | 48.72M | 48.72M |
| Other operating expenses | 95.06M | 226.12M | 226.12M | 125.24M | 125.24M |
| Interest expense | - | 7.59M | 7.59M | 1.36M | 1.36M |
| Tax provision | - | -1.19800M | -1.19800M | 5.07M | 5.07M |
| Interest income | - | - | - | - | - |
| Net interest income | - | -27.93500M | -27.93500M | -6.91900M | -6.91900M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | -0.56822M | 9.59M | 9.59M | 5.62M | 5.62M |
| Total revenue | 81.80M | 150.68M | 150.68M | 173.77M | 173.77M |
| Total operating expenses | 34.43M | 50.47M | 50.47M | 40.26M | 40.26M |
| Cost of revenue | 60.63M | 175.65M | 175.65M | 84.98M | 84.98M |
| Total other income expense net | 21.07M | -142.26000M | -142.26000M | -115.80590M | -115.80590M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | - | -65.61100M | -65.61100M | -31.80300M | -31.80300M |
| Net income applicable to common shares | - | -242.81300M | -242.81300M | -72.71100M | -72.71100M |
| Preferred stock and other adjustments | - | - | - | - | - |
| 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 |
| Total assets | 976.87M | 412.94M | 412.94M | 720.71M | 720.71M |
| Intangible assets | 22.89M | 3.59M | 3.59M | - | - |
| Earning assets | - | - | - | - | - |
| Other current assets | 29.49M | 203.63M | 203.63M | 323.95M | 323.95M |
| Total liab | 333.87M | 55.55M | 55.55M | 154.74M | 154.74M |
| Total stockholder equity | 643.00M | 357.39M | 357.39M | 565.97M | 565.97M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 37.97M | 7.96M | 6.93M | 2.50M | -12.33707M |
| Common stock | 1.17M | 767.64M | 767.64M | 636.60M | 636.60M |
| Capital stock | - | 98.50M | 98.50M | 98.50M | 98.50M |
| Retained earnings | -132.19229M | -431.07300M | -431.07300M | -188.25950M | -188.25950M |
| Other liab | - | 0.21M | 0.21M | 104.48M | 104.48M |
| Good will | 75.94M | 11.54M | 11.54M | - | - |
| Other assets | - | 27.22M | 27.22M | 156.50M | 156.50M |
| Cash | 40.82M | 30.52M | 30.52M | 140.13M | 140.13M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 148.42M | 30.13M | 30.13M | 26.06M | 26.06M |
| Current deferred revenue | 3.56M | - | 1.03M | - | 14.84M |
| Net debt | 227.93M | 16.90M | 16.90M | -99.43216M | -99.43216M |
| Short term debt | 87.16M | 16.22M | 16.22M | 16.49M | 16.49M |
| Short long term debt | - | 1.30M | 1.30M | 77.22M | 77.22M |
| Short long term debt total | 268.75M | 47.42M | 47.42M | 40.69M | 40.69M |
| Other stockholder equity | 759.83M | 20.82M | -79.80300M | 14.09M | -84.41409M |
| Property plant equipment | - | 124.96M | 124.96M | 96.13M | 96.13M |
| Total current assets | 81.25M | 245.62M | 245.62M | 468.08M | 468.08M |
| Long term investments | - | 93.58M | 93.58M | - | - |
| Net tangible assets | - | 336.25M | 336.25M | 565.97M | 565.97M |
| Short term investments | 6.54M | 0.85M | 203.63M | 0.85M | 206.53M |
| Net receivables | 4.40M | 1.59M | 1.59M | 0.65M | 0.65M |
| Long term debt | - | 149.89M | 149.89M | 51.06M | 51.06M |
| Inventory | 0.00000M | 9.89M | 9.89M | 3.36M | 3.36M |
| Accounts payable | 19.73M | 5.96M | 5.96M | 7.07M | 7.07M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | 14.19M | - | 2.12M | 103.54M | 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 | 512.57M | 27.22M | 27.22M | 45.74M | 45.74M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 895.62M | 167.31M | 167.31M | 252.63M | 252.63M |
| Capital lease obligations | - | 1.34M | 1.34M | 2.40M | 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 |
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 |
-2.83 7.50% | 34.90 | - | 48.54 | 14.77 | 2.77 | 27.37 | -88.5824 |
| GLXY Galaxy Digital Holdings Ltd |
-1.495 5.68% | 24.82 | 5.65 | 11.88 | 34.67 | 2.43 | 47.61 | 12.68 |
| BITF Bitfarms Ltd |
-0.09 3.46% | 2.51 | - | 84.03 | 8.35 | 2.19 | 4.98 | 28.38 |
| CF Canaccord Genuity Group Inc |
-0.28 2.70% | 10.09 | - | 11.48 | 0.63 | 1.23 | 0.32 | 2.02 |
| CXI Currency Exchange International Corp |
- -% | 22.46 | 15.64 | 8.23 | 1.86 | 1.37 | 0.03 | 0.11 |
Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing " Colocation and Cloud, and Other. The company mines Bitcoin. 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 for digital asset mining site owners, governments, and data center developers. In addition, the company provides colocation, cloud, and connectivity services; hosting services, which include the provision of mining equipment and space, as well as monitors, troubleshoots, repairs, and maintains customer mining equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida.
1101 Brickell Avenue, Miami, FL, United States, 33131
| 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 |
Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
CA 
AU
UK
US
NZ
Please wait processing your request...