HUT
Income statement / Annual
Last year (2024), Hut 8 Corp.'s total revenue was $162.39 M,
an increase of 69.07% from the previous year.
In 2024, Hut 8 Corp.'s net income was $331.88 M.
See Hut 8 Corp.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
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 |
| Operating Revenue |
$162.39 M |
$96.05 M |
$86.74 M |
$79.19 M |
$40.71 M |
$81.99 M |
$49.44 M |
$6.74 M |
$0.00 |
$0.00 |
| Cost of Revenue |
$86.66 M
|
$54.19 M
|
$43.11 M
|
$25.78 M
|
$61.81 M
|
$79.86 M
|
$72.92 M
|
$788.53 K
|
$0.00
|
$0.00
|
| Gross Profit |
$75.73 M
|
$41.85 M
|
$43.63 M
|
$53.40 M
|
-$21.10 M
|
$2.13 M
|
-$23.48 M
|
$5.95 M
|
$0.00
|
$0.00
|
| Gross Profit Ratio |
0.47
|
0.44
|
0.5
|
0.67
|
-0.52
|
0.03
|
-0.48
|
0.88
|
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 |
$72.92 M
|
$49.13 M
|
$27.34 M
|
$31.33 M
|
$2.57 M
|
$4.76 M
|
$7.76 M
|
$3.25 M
|
$105.96 K
|
$105.44 K
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$133.96 K
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$72.92 M
|
$49.13 M
|
$27.34 M
|
$31.33 M
|
$2.57 M
|
$4.76 M
|
$7.76 M
|
$3.38 M
|
$105.96 K
|
$105.44 K
|
| Other Expenses |
-$457.73 M
|
-$16.68 M
|
$84.97 M
|
$41.89 M
|
$5.65 K
|
$0.00
|
$448.26 K
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
-$384.81 M
|
$32.46 M
|
$112.31 M
|
$73.22 M
|
$2.57 M
|
$4.76 M
|
$25.62 M
|
$5.28 M
|
$105.96 K
|
$105.44 K
|
| Cost And Expenses |
-$298.15 M
|
$86.65 M
|
$155.43 M
|
$99.00 M
|
$64.38 M
|
$84.62 M
|
$98.55 M
|
$6.07 M
|
$105.96 K
|
$105.44 K
|
| Interest Income |
$0.00
|
$0.00
|
$922.00 K
|
$2.85 M
|
$8.30 K
|
$41.24 K
|
$32.41 K
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$29.79 M
|
$24.93 M
|
$7.59 M
|
$1.36 M
|
$2.45 M
|
$4.83 M
|
$904.51 K
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$47.01 M
|
$11.01 M
|
$19.08 M
|
$11.99 M
|
$4.75 M
|
$33.05 M
|
$47.02 M
|
$924.95 K
|
$22.82 K
|
$0.00
|
| EBITDA |
$528.71 M |
$57.90 M |
-$19.80 M |
-$7.82 M |
-$2.39 M |
$30.40 M |
-$2.76 M |
$2.30 M |
-$105.96 K |
-$105.44 K |
| EBITDA Ratio |
3.26
|
0.6
|
-0.23
|
-0.1
|
-0.06
|
0.37
|
-0.06
|
0.34
|
0
|
0
|
| Operating Income Ratio |
2.84
|
0.1
|
-0.79
|
-0.25
|
-0.18
|
-0.03
|
-0.99
|
0.2
|
0
|
0
|
| Total Other Income/Expenses Net |
-$8.63 M
|
$12.57 M
|
$1.88 M
|
-$6.92 M
|
$11.13 M
|
$4.79 M
|
-$85.63 M
|
-$703.96 K
|
$0.00
|
$0.00
|
| Income Before Tax |
$451.91 M
|
$21.96 M
|
-$66.81 M
|
-$26.73 M
|
$3.99 M
|
$2.13 M
|
-$136.77 M
|
$673.63 K
|
-$105.96 K
|
-$105.44 K
|
| Income Before Tax Ratio |
2.78
|
0.23
|
-0.77
|
-0.34
|
0.1
|
0.03
|
-2.77
|
0.1
|
0
|
0
|
| Income Tax Expense |
$113.46 M
|
$190.00 K
|
-$1.20 M
|
$5.07 M
|
-$15.05 M
|
$4.76 M
|
$86.08 M
|
$106.56 K
|
$0.00
|
$0.00
|
| Net Income |
$331.88 M
|
$21.85 M
|
-$65.61 M
|
-$31.80 M
|
-$19.31 M
|
$2.13 M
|
-$136.77 M
|
$567.07 K
|
-$105.96 K
|
-$105.44 K
|
| Net Income Ratio |
2.04
|
0.23
|
-0.76
|
-0.4
|
-0.47
|
0.03
|
-2.77
|
0.08
|
0
|
0
|
| EPS |
3.71 |
0.57 |
-6.47 |
-1.53 |
1 |
0.1 |
-8.11 |
49.88 |
-9.32 |
-9.27 |
| EPS Diluted |
3.4 |
0.56 |
-6.47 |
-1.53 |
1 |
0.1 |
-8.11 |
49.88 |
-9.32 |
-9.27 |
| Weighted Average Shares Out |
$91.32 M
|
$47.80 M
|
$37.55 M
|
$26.83 M
|
$18.77 M
|
$17.88 M
|
$16.86 M
|
$11.37 K
|
$11.37 K
|
$11.37 K
|
| Weighted Average Shares Out Diluted |
$101.05 M
|
$49.81 M
|
$37.55 M
|
$26.83 M
|
$18.85 M
|
$18.12 M
|
$16.86 M
|
$11.37 K
|
$11.37 K
|
$11.37 K
|
| Link |
|
|
|
|
|
|
|
|
|
|
