Cleanspark Inc. | Mid-cap | Financial Services
$9.48
1.34%
| Cleanspark Stock Comparison:
Cleanspark vs Morgan StanleyCleanspark vs Goldman SachsCleanspark vs XpCleanspark vs PJT PartnersCleanspark vs MarketAxess HoldingsCleanspark vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 181.7M
Gross Profit 96.3M 52.99%
Operating Income -12.6M -6.93%
Net Income -138.8M -76.38%
EPS (Diluted) $-0.49

Balance Sheet Metrics

Total Assets 2.7B
Total Liabilities 766.5M
Shareholders Equity 1.9B
Debt to Equity 0.41

Cash Flow Metrics

Operating Cash Flow -250.4M
Free Cash Flow -146.4M

Revenue & Profitability Trend

Cleanspark Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i379.0M169.8M134.1M39.3M10.0M
Cost of Goods Sold i239.6M139.3M82.2M26.4M7.9M
Gross Profit i139.4M30.5M51.9M12.8M2.1M
Gross Margin % i36.8%17.9%38.7%32.7%21.1%
Operating Expenses
Research & Development i----163.9K
Selling, General & Administrative i44.0M31.7M16.9M12.3M14.4M
Other Operating Expenses i-----
Total Operating Expenses i44.0M31.7M16.9M12.3M14.6M
Operating Income i-59.2M-121.9M-14.0M-8.4M-15.1M
Operating Margin % i-15.6%-71.8%-10.4%-21.4%-151.0%
Non-Operating Items
Interest Income i8.6M481.0K190.0K221.5K308.8K
Interest Expense i2.5M3.0M1.1M145.7K10.8M
Other Non-Operating Income-89.3M-6.9M-25.2M89.6K2.2M
Pre-tax Income i-142.4M-131.3M-40.1M-8.2M-23.3M
Income Tax i3.3M857.0K00-
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i-145.8M-136.6M-57.3M-21.8M-23.3M
Net Margin % i-38.5%-80.5%-42.8%-55.5%-232.8%
Key Metrics
EBITDA i103.9M-729.0K35.5M1.7M-12.0M
EPS (Basic) i$-0.69$-1.33$-0.95$-0.75$-2.44
EPS (Diluted) i$-0.69$-1.33$-1.35$-0.75$-2.44
Basic Shares Outstanding i21686081910270750942614197294413649550626
Diluted Shares Outstanding i21686081910270750942614197294413649550626

Income Statement Trend

Cleanspark Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i121.2M29.2M20.5M14.6M3.1M
Short-term Investments i432.6M57.0M11.8M24.4M960.0K
Accounts Receivable i-5.0K27.0K307.1K859.8K
Inventory i-809.0K216.0K79.8K247.5K
Other Current Assets8.0M12.0M7.9M--
Total Current Assets i705.4M102.2M50.8M57.7M8.3M
Non-Current Assets
Property, Plant & Equipment i1.2B592.9M387.1M123.9M40.7K
Goodwill i19.1M20.7M6.5M32.3M19.8M
Intangible Assets i3.0M4.6M6.5M8.2M8.0M
Long-term Investments-----
Other Non-Current Assets13.3M5.7M5.5M13.2M-
Total Non-Current Assets i1.3B659.4M401.8M259.7M14.1M
Total Assets i2.0B761.6M452.6M317.5M22.3M
Liabilities
Current Liabilities
Accounts Payable i83.0M65.6M24.7M7.0M4.5M
Short-term Debt i58.8M7.3M8.2M517.9K41.3K
Current Portion of Long-term Debt-----
Other Current Liabilities2.2M1.2M1.2M2.6M750.0K
Total Current Liabilities i187.9M74.1M34.0M10.1M5.4M
Non-Current Liabilities
Long-term Debt i8.2M9.4M14.1M1.0M531.2K
Deferred Tax Liabilities i5.8M857.0K0--
Other Non-Current Liabilities-----
Total Non-Current Liabilities i13.9M10.3M14.6M1.7M531.2K
Total Liabilities i201.8M84.4M48.6M11.8M5.9M
Equity
Common Stock i271.0K160.0K56.0K37.4K17.4K
Retained Earnings i-479.2M-332.6M-196.1M-138.4M-116.4M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i1.8B677.2M404.0M305.7M16.4M
Key Metrics
Total Debt i67.0M16.7M22.2M1.5M572.5K
Working Capital i517.5M28.1M16.7M47.7M2.9M

Balance Sheet Composition

Cleanspark Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-145.8M-132.2M-40.1M-8.2M-23.3M
Depreciation & Amortization i154.6M120.7M49.0M9.3M2.8M
Stock-Based Compensation i29.6M24.1M31.5M8.5M2.1M
Working Capital Changes i175.0K-55.5M-746.0K-23.9M2.7M
Operating Cash Flow i38.5M-43.4M40.1M-12.9M-4.6M
Investing Activities
Capital Expenditures i-805.0M-302.3M-187.0M-228.6M-34.9K
Acquisitions i-97.6M-31.9M-23.8M45.8K-1.5M
Investment Purchases i---0-750.0K
Investment Sales i43.1M010.0K373.1K0
Investing Cash Flow i-920.4M-334.2M-210.8M-228.2M-2.3M
Financing Activities
Share Repurchases i-----
Dividends Paid i-3.4M-21.0K-315.0K-177.5K0
Debt Issuance i50.0M1.9M19.6M0531.2K
Debt Repayment i-7.4M-14.8M-3.2M-6.2M-217.5K
Financing Cash Flow i1.2B371.1M141.1M264.3M4.3M
Free Cash Flow i-1.0B-332.7M-119.2M-252.6M-6.8M
Net Change in Cash i366.5M-6.5M-29.5M23.2M-2.6M

Cash Flow Trend

Cleanspark Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 11.44
Forward P/E 10.93
Price to Book 1.29
Price to Sales 4.38
PEG Ratio -0.06

Profitability Ratios

Profit Margin 47.98%
Operating Margin 124.00%
Return on Equity 17.09%
Return on Assets 7.14%

Financial Health

Current Ratio 4.37
Debt to Equity 38.22
Beta 3.73

Per Share Data

EPS (TTM) $0.86
Book Value per Share $7.64
Revenue per Share $2.30

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
clsk2.8B11.441.2917.09%47.98%38.22
Morgan Stanley 231.1B16.402.3514.13%22.49%438.54
Goldman Sachs 221.3B16.101.9412.74%28.40%588.39
Xp 9.3B10.910.4422.77%28.52%736.74
PJT Partners 7.1B30.7926.0931.56%10.43%48.86
MarketAxess Holdings 7.0B31.465.0416.33%26.62%4.94

Financial data is updated regularly. All figures are in the company's reporting currency.