Hut Financial Statements From 2010 to 2025

HUT Stock  USD 12.36  0.59  4.56%   
Hut 8 financial statements provide useful quarterly and yearly information to potential Hut 8 Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Hut 8 financial statements helps investors assess Hut 8's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Hut 8's valuation are summarized below:
Gross Profit
-25 M
Profit Margin
1.0221
Market Capitalization
2.2 B
Enterprise Value Revenue
2.3392
Revenue
172 M
There are currently one hundred twenty fundamental trends for Hut 8 Corp that can be evaluated and compared over time across competitors. All traders should confirm Hut 8's regular fundamentals against the performance from 2010 to 2025 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 1.3 B in 2025. Enterprise Value is likely to gain to about 1.3 B in 2025

Hut 8 Total Revenue

705.31 Million

Check Hut 8 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hut 8's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.2 M, Interest Expense of 31.3 M or Selling General Administrative of 76.6 M, as well as many indicators such as Price To Sales Ratio of 9.55, Dividend Yield of 0.0 or PTB Ratio of 1.21. Hut financial statements analysis is a perfect complement when working with Hut 8 Valuation or Volatility modules.
  
Check out the analysis of Hut 8 Correlation against competitors.

Hut 8 Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.6 B1.5 B350.6 M
Slightly volatile
Total Stockholder EquityB976.7 M237.2 M
Slightly volatile
Cash89.3 M85 M25.1 M
Slightly volatile
Non Currrent Assets Other900 M857.1 M157.2 M
Slightly volatile
Cash And Short Term Investments57.2 M54.5 M21.6 M
Slightly volatile
Total Current Assets269.7 M256.8 M92 M
Slightly volatile
Common Stock1.3 M1.3 M122.5 M
Slightly volatile
Common Stock Total Equity215.2 M205 M102.1 M
Slightly volatile
Common Stock Shares Outstanding104.5 M99.5 M44.3 M
Slightly volatile
Liabilities And Stockholders Equity1.2 B1.1 B299.9 M
Slightly volatile
Total Current Liabilities161.7 M154 M36.9 M
Slightly volatile
Net Receivables7.3 MM1.5 M
Slightly volatile
Net Invested Capital1.5 B1.5 B350.8 M
Slightly volatile
Net Tangible Assets207.1 M386.7 M144.7 M
Slightly volatile
Accounts Payable9.7 M11.3 M7.5 M
Slightly volatile
Property Plant Equipment150.9 M143.7 M58.5 M
Slightly volatile
Short and Long Term Debt Total324.5 M309.1 M83.3 M
Slightly volatile
Property Plant And Equipment Net137.5 M242.3 M92.3 M
Slightly volatile
Long Term Debt284.5 M271 M70.5 M
Slightly volatile
Other Current Assets32.2 M33.9 M44.4 M
Slightly volatile
Property Plant And Equipment Gross222.8 M338.3 M140.1 M
Slightly volatile
Short and Long Term Debt78.4 M74.7 M19.7 M
Slightly volatile
Capital Stock1.1 M1.1 M201.3 M
Very volatile
Short Term Debt105.2 M100.2 M24.6 M
Slightly volatile
Intangible Assets7.6 M13.3 M3.5 M
Slightly volatile
Inventory1.711.82.7 M
Pretty Stable
Short Term Investments5.6 M5.9 M78.7 M
Very volatile
Capital Lease Obligations54.4 M51.8 M11.1 M
Slightly volatile
Other Liabilities181.3 K190.8 K78.4 M
Slightly volatile
Current Deferred Revenue5.2 M3.2 M11.9 M
Slightly volatile
Non Current Liabilities Other1.1 M1.2 M1.3 M
Slightly volatile

Hut 8 Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative76.6 M72.9 M21.1 M
Slightly volatile
Other Operating Expenses63.7 M109.3 M54.3 M
Slightly volatile
Total Operating Expenses217.7 M207.3 M38.1 M
Slightly volatile
Interest Income848.7 K1.1 M434.2 K
Slightly volatile
Cost Of Revenue97.8 M86.7 M81.5 M
Slightly volatile
Reconciled Depreciation45 M49.4 M44.2 M
Very volatile
Selling And Marketing Expenses47 M52.8 M57.6 M
Slightly volatile
Minority Interest378.4 K425.7 K464.1 K
Slightly volatile

Hut 8 Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow18.6 M31 M16 M
Slightly volatile
End Period Cash Flow49.3 M46.9 M21.5 M
Slightly volatile
Depreciation39.1 M49.4 M20.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio9.5510.0549.6908
Slightly volatile
PTB Ratio1.211.28329
Slightly volatile
Days Sales Outstanding18.5517.676.6062
Slightly volatile
Book Value Per Share10.7710.253.3812
Slightly volatile
Average PayablesM7.8 MM
Slightly volatile
Capex To Depreciation0.06090.06414.115
Very volatile
PB Ratio1.211.28329
Slightly volatile
EV To Sales12.5913.2550.3464
Slightly volatile
Inventory Turnover28.6 M27.3 M5.4 M
Slightly volatile
Days Of Inventory On Hand0.00.0100
Slightly volatile
Payables Turnover3.363.5320.6408
Very volatile
Sales General And Administrative To Revenue1.081.020.3056
Slightly volatile
Average Inventory137.3 K144.5 KM
Slightly volatile
Capex To Revenue0.01090.01150.7366
Very volatile
Cash Per Share0.870.760.9908
Slightly volatile
Days Payables Outstanding130137207
Very volatile
Intangibles To Total Assets0.0960.09140.0258
Slightly volatile
Current Ratio0.60.638.1319
Slightly volatile
Tangible Book Value Per Share9.118.673.0628
Slightly volatile
Receivables Turnover20.3221.3888.3116
Pretty Stable
Graham Number8.177.783.4804
Slightly volatile
Shareholders Equity Per Share10.7710.253.3812
Slightly volatile
Debt To Equity0.450.480.3225
Slightly volatile
Capex Per Share0.01580.01660.363
Pretty Stable
Average Receivables2.8 M2.7 M932.2 K
Slightly volatile
Revenue Per Share1.061.30.8839
Slightly volatile
Interest Debt Per Share4.54.291.0487
Slightly volatile
Debt To Assets0.250.320.2106
Pretty Stable
Operating Cycle21.4422.57107
Slightly volatile
Price Book Value Ratio1.211.28329
Slightly volatile
Days Of Payables Outstanding130137207
Very volatile
Company Equity Multiplier1.911.751.6658
Pretty Stable
Long Term Debt To Capitalization0.20.230.0974
Slightly volatile
Total Debt To Capitalization0.290.340.2266
Slightly volatile
Debt Equity Ratio0.450.480.3225
Slightly volatile
Quick Ratio0.60.638.045
Slightly volatile
Cash Ratio0.30.326.4454
Slightly volatile
Days Of Inventory Outstanding0.00.0100
Slightly volatile
Days Of Sales Outstanding18.5517.676.6062
Slightly volatile
Price To Book Ratio1.211.28329
Slightly volatile
Fixed Asset Turnover0.510.541.0556
Slightly volatile
Debt Ratio0.250.320.2106
Pretty Stable
Price Sales Ratio9.5510.0549.6908
Slightly volatile
Asset Turnover0.09150.09630.3135
Pretty Stable
Price Fair Value1.211.28329
Slightly volatile

Hut 8 Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.3 B822 M2.2 B
Slightly volatile
Enterprise Value1.3 B1.1 B2.2 B
Slightly volatile

Hut Fundamental Market Drivers

Forward Price Earnings27.7008

Hut Upcoming Events

14th of March 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Hut 8 Financial Statements

Hut 8 shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Hut 8 investors may analyze each financial statement separately, they are all interrelated. The changes in Hut 8's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hut 8's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue3.2 M5.2 M
Total Revenue671.7 M705.3 M
Cost Of Revenue86.7 M97.8 M
Stock Based Compensation To Revenue 0.36  0.37 
Sales General And Administrative To Revenue 1.02  1.08 
Capex To Revenue 0.01  0.01 
Revenue Per Share 1.30  1.06 
Ebit Per Revenue(0.19)(0.20)

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Additional Tools for Hut Stock Analysis

When running Hut 8's price analysis, check to measure Hut 8's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.