Hut 8 Corp. financial data

Symbol
HUT on Nasdaq
Industry
Finance Services
Location
1101 Brickell Avenue, Suite 1500, Miami, FL
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 3, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 122 %
Debt-to-equity 52.1 %
Return On Equity 42.8 %
Return On Assets 28.2 %
Operating Margin 284 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 104M shares +16.4%
Common Stock, Shares, Outstanding 99.5M shares +11.8%
Entity Public Float 1.21B USD
Common Stock, Value, Issued 995K USD +11.9%
Weighted Average Number of Shares Outstanding, Basic 91.3M shares +94%
Weighted Average Number of Shares Outstanding, Diluted 101M shares +106%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 162M USD
Cost of Revenue 86.7M USD +59.9%
General and Administrative Expense 72.9M USD +48.4%
Operating Income (Loss) 461M USD +4801%
Nonoperating Income (Expense) -8.63M USD -169%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 452M USD +1958%
Income Tax Expense (Benefit) 113M USD +59614%
Net Income (Loss) Attributable to Parent 332M USD +1419%
Earnings Per Share, Basic 3.71 USD/shares +707%
Earnings Per Share, Diluted 3.4 USD/shares +673%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 85M USD +179%
Accounts Receivable, after Allowance for Credit Loss, Current 6.99M USD +110%
Assets, Current 257M USD +317%
Operating Lease, Right-of-Use Asset 20.6M USD +41.7%
Intangible Assets, Net (Excluding Goodwill) 13.3M USD -23.2%
Goodwill 53.1M USD -7.84%
Assets 1.52B USD +105%
Accounts Payable, Current 11.3M USD -24.5%
Employee-related Liabilities, Current 7.44M USD +76.4%
Contract with Customer, Liability, Current 6.2M USD +130%
Liabilities, Current 154M USD +36.8%
Deferred Income Tax Liabilities, Net 111M USD +18145%
Operating Lease, Liability, Noncurrent 18.7M USD +36%
Liabilities 538M USD +113%
Retained Earnings (Accumulated Deficit) 232M USD
Stockholders' Equity Attributable to Parent 977M USD +100%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 981M USD +101%
Liabilities and Equity 1.52B USD +105%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -26.3M USD -1901%
Net Cash Provided by (Used in) Financing Activities -14.6M USD -155%
Net Cash Provided by (Used in) Investing Activities 23.3M USD +274%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 99.5M shares +11.8%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -18.8M USD -1057%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 85.6M USD +177%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.68M USD -69.7%
Deferred Tax Assets, Valuation Allowance 13.8M USD -81.4%
Deferred Tax Assets, Gross 125M USD +24.1%
Operating Lease, Liability 21.4M USD +42.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 276M USD +745%
Lessee, Operating Lease, Liability, to be Paid 35.8M USD +30.5%
Operating Lease, Liability, Current 2.69M USD +119%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.94M USD +63.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.1M USD +77.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure +9.01%
Deferred Income Tax Expense (Benefit) 2.27M USD +884%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 14.4M USD +15.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.74M USD +65%
Deferred Tax Assets, Operating Loss Carryforwards 44.4M USD -23%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 25M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.44M USD +74.2%
Operating Lease, Payments 699K USD +497%
Additional Paid in Capital 790M USD +37%
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense 20.8M USD
Interest Expense 6.01M USD +6.28%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%