Riot Platforms (RIOT) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
376.7M
Gross Profit
113.9M
30.24%
Operating Income
-331.4M
-87.98%
Net Income
109.4M
29.05%
Balance Sheet Metrics
Total Assets
3.9B
Total Liabilities
791.6M
Shareholders Equity
3.1B
Debt to Equity
0.25
Cash Flow Metrics
Operating Cash Flow
160.7M
Free Cash Flow
-1.5B
Revenue & Profitability Trend
Riot Platforms Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 376.7M | 280.7M | 259.2M | 213.2M | 12.1M |
| Cost of Goods Sold | 262.8M | 254.3M | 193.7M | 82.1M | 6.3M |
| Gross Profit | 113.9M | 26.3M | 65.5M | 131.2M | 5.8M |
| Operating Expenses | 233.2M | 29.1M | 40.1M | 80.9M | 10.3M |
| Operating Income | -331.4M | -255.1M | -82.6M | 23.9M | -8.9M |
| Pre-tax Income | 110.1M | -54.6M | -521.3M | -15.2M | -14.1M |
| Income Tax | 744.0K | -5.1M | -11.7M | 254.0K | 0 |
| Net Income | 109.4M | -49.5M | -509.6M | -15.4M | -14.1M |
| EPS (Diluted) | - | -$0.28 | -$3.65 | -$0.17 | -$0.34 |
Income Statement Trend
Riot Platforms Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 599.5M | 1.0B | 443.4M | 564.6M | 236.3M |
| Non-Current Assets | 3.3B | 1.0B | 876.6M | 957.4M | 43.9M |
| Total Assets | 3.9B | 2.1B | 1.3B | 1.5B | 280.1M |
| Liabilities | |||||
| Current Liabilities | 160.4M | 121.0M | 121.5M | 109.9M | 2.4M |
| Non-Current Liabilities | 631.2M | 42.0M | 47.0M | 63.7M | 679.0K |
| Total Liabilities | 791.6M | 163.1M | 168.5M | 173.6M | 3.1M |
| Equity | |||||
| Total Shareholders Equity | 3.1B | 1.9B | 1.2B | 1.3B | 277.1M |
Balance Sheet Composition
Riot Platforms Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 109.4M | -49.5M | -509.6M | -15.4M | -14.1M |
| Operating Cash Flow | 160.7M | 219.2M | -448.6M | -117.5M | -11.2M |
| Investing Activities | |||||
| Capital Expenditures | -675.7M | -417.7M | -343.3M | -421.9M | -41.1M |
| Investing Cash Flow | -931.3M | -414.7M | -345.3M | -490.6M | -41.1M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | 1.5B | 749.4M | 272.3M | 664.8M | 257.0M |
| Free Cash Flow | -1.5B | -391.0M | -352.3M | -508.1M | -44.1M |
Cash Flow Trend
Riot Platforms Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
23.33
Forward P/E
-27.26
Price to Book
1.10
Price to Sales
7.22
PEG Ratio
-27.26
Profitability Ratios
Profit Margin
-86.92%
Operating Margin
-180.69%
Return on Equity
-14.71%
Return on Assets
-7.42%
Financial Health
Current Ratio
3.23
Debt to Equity
21.01
Beta
4.54
Per Share Data
EPS (TTM)
-$1.37
Book Value per Share
$8.41
Revenue per Share
$1.56
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| riot | 3.3B | 23.33 | 1.10 | -14.71% | -86.92% | 21.01 |
| Morgan Stanley | 218.0B | 15.91 | 2.25 | 13.88% | 22.35% | 416.64 |
| Goldman Sachs | 196.6B | 14.88 | 1.73 | 12.22% | 28.06% | 593.34 |
| Stifel Financial | 10.2B | 18.92 | 2.11 | 11.48% | 12.34% | 41.47 |
| Evercore | 9.9B | 24.53 | 6.59 | 28.14% | 14.18% | 53.29 |
| MarketAxess Holdings | 8.3B | 38.34 | 6.16 | 16.25% | 26.57% | 5.26 |
Financial data is updated regularly. All figures are in the company's reporting currency.