HUT
Income statement / Annual
Last year (2023), Hut 8 Mining Corp.'s total revenue was $81.80 M,
a decrease of 45.71% from the previous year.
In 2023, Hut 8 Mining Corp.'s net income was $8.38 M.
See Hut 8 Mining Corp.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
06/30/2023 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
06/30/2017 |
06/30/2016 |
06/30/2015 |
| Operating Revenue |
$81.80 M
|
$150.68 M
|
$173.77 M
|
$40.71 M
|
$81.99 M
|
$49.44 M
|
$6.74 M
|
$0.00
|
$0.00
|
$0.00
|
| Cost of Revenue |
$60.63 M |
$175.65 M |
$84.98 M |
$61.81 M |
$79.86 M |
$72.92 M |
$788,532.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$21.17 M |
-$24.97 M |
$88.80 M |
-$21.10 M |
$2.13 M |
-$23.48 M |
$5.95 M |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit Ratio |
0.26 |
-0.17 |
0.51 |
-0.52 |
0.03 |
-0.48 |
0.88 |
0 |
0 |
0 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$93.15 M
|
$42.16 M
|
$29.57 M
|
$2.57 M
|
$4.76 M
|
$7.76 M
|
$3.25 M
|
$105,959.00
|
$105,438.00
|
$57,107.00
|
| Selling & Marketing
Expenses |
-$58.72 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$133,956.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$34.43 M
|
$42.16 M
|
$29.57 M
|
$2.57 M
|
$4.76 M
|
$7.76 M
|
$3.38 M
|
$105,959.00
|
$105,438.00
|
$57,107.00
|
| Other Expenses |
$0.00 |
$8.31 M |
$10.69 M |
$5,645.00 |
-$67,247.00 |
$448,264.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$34.43 M |
$50.47 M |
$40.26 M |
$2.57 M |
$4.76 M |
$25.62 M |
$5.28 M |
$105,959.00 |
$105,438.00 |
$57,107.00 |
| Cost And Expenses |
$95.06 M |
$226.12 M |
$125.24 M |
$64.38 M |
$84.62 M |
$98.55 M |
$6.07 M |
$105,959.00 |
$105,438.00 |
$57,107.00 |
| Interest Income |
$31.01 M |
$922,000.00 |
$2.85 M |
$8,301.00 |
$41,244.00 |
$32,408.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$0.00 |
$7.59 M |
$1.36 M |
$2.45 M |
$4.83 M |
$904,511.00 |
$0.00 |
$0.00 |
$0.00 |
$25,000.00 |
| Depreciation &
Amortization |
$14.61 M
|
$94.53 M
|
$25.96 M
|
$4.75 M
|
$33.05 M
|
$47.02 M
|
$924,948.00
|
$22,816.00
|
$0.00
|
$25,000.00
|
| EBITDA |
$1.36 M
|
$3.57 M
|
$74.67 M
|
-$2.39 M
|
$30.40 M
|
-$2.76 M
|
$2.30 M
|
-$105,959.00
|
-$105,438.00
|
-$32,107.00
|
| EBITDA Ratio |
0.02 |
0.02 |
0.43 |
-0.06 |
0.37 |
-0.06 |
0.34 |
0 |
0 |
0 |
| Operating Income Ratio
|
-0.16
|
-0.6
|
0.28
|
-0.18
|
-0.03
|
-0.99
|
0.2
|
0
|
0
|
0
|
| Total Other
Income/Expenses Net |
$21.07 M
|
-$142.26 M
|
-$115.81 M
|
$11.13 M
|
$4.79 M
|
-$85.63 M
|
-$703,956.00
|
$0.00
|
$0.00
|
-$25,000.00
|
| Income Before Tax |
$7.81 M |
-$233.22 M |
-$67.09 M |
$3.99 M |
$2.13 M |
-$136.77 M |
$673,632.00 |
-$105,959.00 |
-$105,438.00 |
-$82,107.00 |
| Income Before Tax Ratio
|
0.1
|
-1.55
|
-0.39
|
0.1
|
0.03
|
-2.77
|
0.1
|
0
|
0
|
0
|
| Income Tax Expense |
-$568,218.00 |
$9.59 M |
$5.62 M |
-$15.05 M |
$4.76 M |
$86.08 M |
$106,560.00 |
$0.00 |
$0.00 |
$25,000.00 |
| Net Income |
$8.38 M |
-$242.81 M |
-$72.71 M |
$19.04 M |
-$2.63 M |
-$136.77 M |
$567,072.00 |
-$105,959.00 |
-$105,438.00 |
-$82,107.00 |
| Net Income Ratio |
0.1 |
-1.61 |
-0.42 |
0.47 |
-0.03 |
-2.77 |
0.08 |
0 |
0 |
0 |
| EPS |
0.16 |
-6.47 |
-2.71 |
1.01 |
-0.15 |
-2.43 |
0.0353 |
-0.19 |
-0.19 |
-0.14 |
| EPS Diluted |
0.1 |
-2.98 |
-1.05 |
0.27 |
-0.0312 |
-2.43 |
0.013 |
-0.19 |
-0.19 |
-0.14 |
| Weighted Average Shares
Out |
$51.27 M
|
$37.55 M
|
$26.83 M
|
$18.77 M
|
$17.88 M
|
$56.19 M
|
$16.06 M
|
$568,410.00
|
$568,410.00
|
$568,410.00
|
| Weighted Average Shares
Out Diluted |
$81.48 M
|
$81.48 M
|
$69.27 M
|
$69.27 M
|
$84.25 M
|
$56.19 M
|
$43.63 M
|
$568,410.00
|
$568,410.00
|
$568,410.00
|
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