Hut 8 Mining Corp (HUT)

A brief financial summary of Hut 8 Mining Corp as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

2.650 +0.050 (+1.92%)

17:49:44 Real-time Data CAD Disclaimer

HUT Financial Summary

Hut 8 Mining Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 16.98 million compared to CAD 31.67 million a year ago. Net loss was CAD 53.58 million compared to CAD 23.79 million a year ago. Basic loss per share from continuing operations was CAD 0.24 compared to CAD 0.12 a year ago. Diluted loss per share from continuing operations was CAD 0.24 compared to CAD 0.12 a year ago.For the nine months, sales was CAD 55.18 million compared to CAD 128.85 million a year ago. Net income was CAD 38.21 million compared to net loss of CAD 56.15 million a year ago. Basic earnings per share from continuing operations was CAD 0.17 compared to basic loss per share from continuing operations of CAD 0.31 a year ago. Diluted earnings per share from continuing operations was CAD 0.17 compared to diluted loss per share from continuing operations of CAD 0.31 a year ago.

TTM: Trailing Twelve Months
MRQ: Most Recent Quarter

HUT Income Statement

	HUT
Gross margin TTM	-50.6%
Operating margin TTM	-102.06%
Net Profit margin TTM	-192.76%
Return on Investment TTM	-13.23%

Total Revenue
Net Income

Title	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022
Total Revenue	16.98	19.18	19.02	21.83
Gross Profit	-4.47	-4.65	-6.21	-23.64
Operating Income	-14.11	-15.04	-13.49	-34.86
Net Income	-53.58	-16.71	108.50	-186.67

HUT Balance Sheet

	HUT
Quick Ratio MRQ	0.29
Current Ratio MRQ	4.61
LT Debt to Equity MRQ	1.01%
Total Debt to Equity MRQ	20%

Total Assets
Total Liabilities

Title	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022
Total Assets	496.63	557.55	541.45	412.94
Total Liabilities	99.25	86.38	70.81	61.55
Total Equity	397.38	471.17	470.64	351.39

HUT Cash Flow Statement

	HUT
Cash Flow/Share TTM	-0.23
Revenue/Share TTM	0.35
Operating Cash Flow	-20.76%

Cash
Net Change in Cash

Title	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022
Cash From Operating Activities	-17.08	-1.32	-9.26	-22.31
Cash From Investing Activities	-9.39	-2.27	-0.55	-13.16
Cash From Financing Activities	20.87	14.37	-4.76	35.92
Net Change in Cash	-5.55	10.78	-14.61	-2.51

* In Millions of CAD (except for per share items)

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures), cryptocurrencies, and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn't bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.