CleanSpark (CLSK) Financials

$7.78 +0.28 (+3.73%)

As of 04:00 PM Eastern

Annual Income Statements for CleanSpark

This table shows CleanSpark's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-3.49	-13	-47	-26	-23	-22	-58	-138	-149
Consolidated Net Income / (Loss)	-3.49	-13	-47	-26	-23	-22	-57	-138	-146
Net Income / (Loss) Continuing Operations	-3.49	-13	-47	-26	-23	-8.23	-40	-134	-146
Total Pre-Tax Income	-3.49	-13	-47	-26	-23	-8.23	-40	-134	-146
Total Operating Income	-3.48	-13	-7.08	-17	-15	-12	-38	-131	-149
Total Gross Profit	0.00	0.15	0.19	0.67	2.12	34	90	75	213
Total Revenue	0.00	0.45	1.16	4.53	10	39	132	168	379
Operating Revenue	0.00	0.45	1.16	4.53	10	39	132	168	379
Total Cost of Revenue	0.00	0.30	0.78	3.86	7.91	5.26	41	94	166
Operating Cost of Revenue	0.00	0.30	0.78	3.86	7.91	5.26	41	94	166
Total Operating Expenses	3.48	14	7.26	17	17	46	128	206	362
Selling, General & Admin Expense	3.42	1.38	1.55	5.75	7.61	12	17	32	44
Depreciation Expense	0.00	2.25	0.85	1.90	2.84	8.98	49	121	155
Other Operating Expenses / (Income)	-	0.26	1.58	1.27	6.81	18	38	44	-39
Impairment Charge	-	8.55	1.90	6.92	0.00	6.61	25	7.16	198
Other Special Charges / (Income)	0.00	-0.01	-	-	-	0.00	-0.64	1.93	5.47
Total Other Income / (Expense), net	-0.01	-0.12	-40	-9.46	-8.20	3.67	-2.23	-2.68	3.27
Interest Expense	0.01	0.12	0.97	9.48	11	0.15	1.08	2.98	2.46
Interest & Investment Income	-	-	-	-	0.31	0.22	0.19	0.48	8.56
Other Income / (Expense), net	-	0.00	-39	0.02	2.25	3.59	-1.34	-0.18	-2.83
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-14	-17	-4.43	0.00
Preferred Stock Dividends Declared	-	-	-	-	0.00	0.18	0.34	0.00	3.42
Weighted Average Basic Shares Outstanding	19.23M	32.18M	3.45M	4.18M	9.55M	29.44M	42.61M	102.71M	216.86M
Weighted Average Diluted Shares Outstanding	20.37M	-	-	4.78M	9.55M	29.44M	85.23M	205.42M	433.72M
Weighted Average Basic & Diluted Shares Outstanding	20.37M	-	-	4.78M	9.55M	29.44M	42.61M	102.71M	216.86M

This table shows CleanSpark's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Net Income / (Loss) Attributable to Common Shareholders	-29	24	-29	-18	-14	-76	25	124	-236	-62	242
Consolidated Net Income / (Loss)	-29	1.22	-29	-18	-14	-76	26	127	-236	-62	247
Net Income / (Loss) Continuing Operations	-17	31	-30	-18	-14	-71	26	127	-236	-62	247
Total Pre-Tax Income	-17	31	-30	-18	-14	-71	27	127	-236	-62	256
Total Operating Income	-15	29	-29	-17	-16	-69	29	137	-249	-66	210
Total Gross Profit	21	71	7.40	20	25	22	45	78	59	32	92
Total Revenue	31	73	28	43	46	53	74	112	104	89	162
Operating Revenue	31	-	28	43	46	53	74	112	104	89	162
Total Cost of Revenue	10	1.85	20	22	21	30	29	34	45	57	70
Operating Cost of Revenue	10	-	20	22	21	30	29	34	45	57	70
Total Operating Expenses	36	42	36	38	40	91	16	-60	308	98	-118
Selling, General & Admin Expense	3.55	2.96	6.56	8.08	7.29	9.77	6.58	9.03	13	16	14
Depreciation Expense	15	4.48	19	21	22	58	30	32	41	52	66
Other Operating Expenses / (Income)	13	-	10	8.33	11	15	-21	-103	65	19	-197
Other Special Charges / (Income)	0.00	-	0.00	0.00	0.00	1.93	0.68	1.65	-0.05	3.18	-0.79
Total Other Income / (Expense), net	-1.30	1.29	-1.61	-0.68	1.47	-1.86	-1.20	-10	13	3.42	46
Interest Expense	0.31	-	0.89	0.80	0.69	0.60	0.55	0.53	0.49	0.90	1.56
Interest & Investment Income	0.05	-	0.07	0.05	0.05	0.31	0.59	2.68	2.64	2.65	1.48
Other Income / (Expense), net	-1.03	1.10	-0.79	0.07	2.11	-1.57	-1.24	-13	11	1.67	46
Income Tax Expense	0.00	-	-	-	-	-	1.40	-	-	-	9.22
Preferred Stock Dividends Declared	0.00	-	0.00	0.00	0.00	-	0.58	2.84	0.00	0.00	5.14
Weighted Average Basic Shares Outstanding	82.55M	42.61M	132.79M	80.47M	114.84M	102.71M	178.81M	209.29M	228.64M	216.86M	284.55M
Weighted Average Diluted Shares Outstanding	82.55M	85.23M	133.80M	160.94M	114.84M	205.42M	180.78M	424.20M	228.64M	433.72M	291.89M
Weighted Average Basic & Diluted Shares Outstanding	41.28M	42.61M	-	80.47M	229.69M	102.71M	198.06M	209.29M	457.29M	216.86M	280.81M

This table details how cash moves in and out of CleanSpark's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-0.03	-0.38	0.36	7.43	-4.71	15	2.42	8.75	95
Net Cash From Operating Activities	-0.19	-1.36	-1.26	-5.70	-6.64	-24	73	-17	-234
Net Cash From Continuing Operating Activities	-6.68	-2.42	-81	-4.87	-6.32	-12	80	-19	-233
Net Income / (Loss) Continuing Operations	-3.49	-13	-47	-26	-23	-8.23	-40	-134	-146
Consolidated Net Income / (Loss)	-3.49	-13	-47	-26	-23	-22	-57	-138	-146
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-14	-17	-4.43	0.00
Depreciation Expense	0.00	2.25	0.85	1.90	2.84	9.34	49	121	155
Amortization Expense	-	0.00	0.64	9.02	9.01	0.00	0.05	0.07	0.13
Non-Cash Adjustments To Reconcile Net Income	-3.24	8.82	3.44	7.51	2.16	-17	56	-24	-260
Changes in Operating Assets and Liabilities, net	0.04	0.01	-39	2.81	3.02	3.59	15	18	18
Net Cash From Discontinued Operating Activities	-	-	-	-	-	-12	-6.36	1.33	-0.51
Net Cash From Investing Activities	-0.08	-0.13	-0.42	-0.67	-2.38	-229	-211	-332	-920
Net Cash From Continuing Investing Activities	-0.08	-0.13	-0.42	0.46	0.07	-228	-211	-334	-920
Purchase of Property, Plant & Equipment	-0.08	-0.01	-0.02	0.47	0.05	-139	-19	-63	-67
Acquisitions	-0.00	-0.03	-0.01	-0.00	0.77	0.00	-23	-9.39	0.00
Sale and/or Maturity of Investments	-	-	-	-	0.00	0.37	0.01	0.00	0.00
Other Investing Activities, net	0.00	-0.09	-0.40	-	0.00	-89	-168	-262	-853
Net Cash From Discontinued Investing Activities	-	-	-	-	-	-1.00	0.00	2.25	0.00
Net Cash From Financing Activities	0.24	1.11	2.04	14	4.31	268	140	358	1,249
Net Cash From Continuing Financing Activities	0.24	1.11	2.04	14	4.31	268	140	358	1,249
Payment of Dividends	-	-	-	-	0.00	-0.18	-0.32	-0.02	-3.42
Issuance of Debt	-	0.11	1.89	15	0.53	-	0.00	1.94	0.00
Issuance of Common Equity	0.24	0.88	0.27	0.36	4.00	271	123	376	1,232
Other Financing Activities, net	-	0.15	0.04	0.00	0.00	-2.42	17	-20	21
Net Cash From Discontinued Financing Activities	-	-	-	-	-	0.00	0.00	0.00	0.00
Cash Interest Paid	0.00	0.00	0.11	0.06	0.01	0.16	1.03	2.91	2.13

This table details how cash moves in and out of CleanSpark's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Net Change in Cash & Equivalents	-37	55	-18	8.28	11	7.38	19	275	-194	-4.89	156
Net Cash From Operating Activities	5.60	21	5.12	6.76	5.80	-35	-48	-43	-68	-83	-119
Net Cash From Continuing Operating Activities	9.86	21	4.70	6.42	5.44	-35	-47	-43	-68	-83	-119
Net Income / (Loss) Continuing Operations	-17	-41	-30	-18	-14	-71	26	127	-236	-62	247
Consolidated Net Income / (Loss)	-29	-42	-29	-18	-14	-76	26	127	-236	-62	247
Depreciation Expense	15	16	19	21	22	58	30	32	41	52	66
Non-Cash Adjustments To Reconcile Net Income	13	24	11	4.40	-1.73	-37	-98	-218	136	-80	-424
Changes in Operating Assets and Liabilities, net	-1.25	21	4.93	-1.18	-0.55	15	-5.46	17	-8.45	7.98	-8.86
Net Cash From Discontinued Operating Activities	-4.27	0.22	0.41	0.34	0.37	0.21	-0.41	-0.01	-0.02	-0.07	0.00
Net Cash From Investing Activities	-22	-57	-56	-55	-128	-93	-33	-199	-272	-417	-256
Net Cash From Continuing Investing Activities	-22	-57	-59	-55	-128	-93	-33	-199	-272	-417	-256
Purchase of Property, Plant & Equipment	-3.19	13	-4.95	-17	-21	-20	-76	-15	-439	415	-279
Acquisitions	-	-23	-23	-	-9.39	23	0.00	-23	-26	49	-6.69
Other Investing Activities, net	-19	-48	-32	-38	-98	-95	44	-160	193	-881	30
Net Cash From Financing Activities	18	54	33	56	134	135	100	516	146	494	531
Net Cash From Continuing Financing Activities	18	54	33	56	134	135	100	516	146	494	531
Repayment of Debt	-	-	-	-	-	-	0.00	-	-	-	-2.01
Repurchase of Common Equity	-	-	-	-	-	-	0.00	-	-	-	-145
Issuance of Debt	-	-	-	-	-	-	0.00	-	-	-	636
Issuance of Common Equity	-	55	41	58	134	143	109	530	151	452	187
Other Financing Activities, net	-20	37	-8.37	-2.06	-2.16	-7.60	-9.18	-13	-1.85	43	-144
Net Cash From Discontinued Financing Activities	-	-	0.00	-	-	-	0.00	-	-	-	0.00
Cash Interest Paid	0.29	0.67	0.81	0.86	0.61	0.63	0.52	0.50	0.45	0.65	1.40

This table presents CleanSpark's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	33	21	18	23	22	317	453	762	1,963
Total Current Assets	0.60	0.13	0.55	9.88	8.25	58	51	102	705
Cash & Equivalents	0.44	0.06	0.41	7.84	3.13	18	20	29	121
Restricted Cash	-	-	-	-	-	-	-	0.00	3.06
Short-Term Investments	-	-	-	0.00	0.96	0.76	0.61	3.42	0.92
Note & Lease Receivable	0.00	-	-	-	-	-	-	56	61
Inventories, net	-	-	-	-	0.25	0.08	0.22	-	432
Prepaid Expenses	0.06	0.03	0.05	1.21	0.94	2.14	7.93	3.26	8.00
Other Current Assets	20	0.00	0.05	0.06	2.12	36	22	10	80
Plant, Property, & Equipment, net	0.78	0.13	0.09	0.15	0.12	138	377	564	870
Total Noncurrent Assets	12	21	17	13	14	122	25	95	388
Goodwill	4.92	4.92	4.92	4.92	5.90	12	0.00	8.04	8.04
Intangible Assets	2.47	16	12	8.49	8.03	8.22	6.49	4.60	3.04
Other Noncurrent Operating Assets	4.57	-0.01	-	0.00	0.04	102	17	82	376
Total Liabilities & Shareholders' Equity	33	21	18	23	22	317	453	762	1,963
Total Liabilities	0.36	0.45	1.50	4.55	5.91	12	49	86	202
Total Current Liabilities	0.36	0.30	1.35	1.50	5.38	10	34	74	188
Short-Term Debt	0.06	0.06	0.31	0.07	-	0.00	7.79	6.99	59
Accounts Payable	0.29	0.22	0.51	0.94	4.53	6.98	25	40	83
Accrued Expenses	-	-	-	-	-	-	-	26	44
Dividends Payable	-	-	-	-	-	0.00	0.02	-	0.00
Other Current Liabilities	-	-0.01	-0.39	0.50	0.86	1.64	0.37	0.31	2.24
Total Noncurrent Liabilities	0.00	0.15	0.15	3.05	0.53	1.69	15	12	14
Long-Term Debt	-	0.15	0.15	3.05	0.53	0.00	13	8.91	7.18
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	-	-	0.00	2.42	5.76
Other Noncurrent Operating Liabilities	-	-	0.00	-	0.00	1.02	0.45	0.53	1.00
Total Equity & Noncontrolling Interests	33	20	16	19	16	306	404	676	1,761
Total Preferred & Common Equity	33	20	16	19	16	306	404	676	1,761
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	33	20	16	19	16	306	404	676	1,761
Common Stock	39	40	83	112	133	444	600	1,010	2,240
Retained Earnings	-6.43	-20	-67	-93	-116	-138	-196	-334	-479
Treasury Stock	-	-	-	-	-	-	-	-	0.00
Accumulated Other Comprehensive Income / (Loss)	-	-	-	-	0.00	-0.01	0.11	0.23	0.42

This table presents CleanSpark's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Total Assets	411	532	653	863	1,537	1,476	2,779
Total Current Assets	29	33	53	182	688	599	1,225
Cash & Equivalents	2.66	10	22	-	-	126	277
Restricted Cash	-	-	-	48	323	3.02	3.41
Short-Term Investments	0.82	0.67	0.70	0.76	0.78	0.81	0.95
Note & Lease Receivable	-	-	-	-	-	428	0.00
Inventories, net	0.00	0.75	1.04	0.73	0.99	-	929
Prepaid Expenses	3.73	8.70	8.34	2.97	4.13	7.66	11
Other Current Assets	22	12	21	129	359	33	4.50
Plant, Property, & Equipment, net	322	440	482	637	671	568	1,256
Total Noncurrent Assets	59	58	118	44	179	308	298
Goodwill	12	8.04	8.04	8.04	8.04	8.04	135
Intangible Assets	6.81	5.70	5.12	4.09	3.74	3.58	5.95
Other Noncurrent Operating Assets	41	45	105	31	167	297	157
Total Liabilities & Shareholders' Equity	411	532	653	863	1,537	1,476	2,779
Total Liabilities	34	58	49	52	74	73	758
Total Current Liabilities	20	41	37	42	55	67	97
Short-Term Debt	5.36	7.25	7.08	7.42	7.69	9.67	7.22
Accounts Payable	13	31	30	33	44	56	28
Accrued Expenses	-	-	-	-	-	-	51
Dividends Payable	0.02	0.02	0.00	0.58	2.84	-	5.14
Other Current Liabilities	0.60	2.34	0.36	0.27	0.23	0.22	5.69
Total Noncurrent Liabilities	14	16	12	9.78	19	6.39	661
Long-Term Debt	13	10	11	7.05	5.09	1.31	641
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	2.26	14	4.36	15
Other Noncurrent Operating Liabilities	1.23	5.59	0.58	0.47	0.43	0.72	4.62
Total Equity & Noncontrolling Interests	377	474	604	811	1,463	1,402	2,022
Total Preferred & Common Equity	377	474	604	811	1,463	1,402	2,022
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	377	474	604	811	1,463	1,402	2,022
Common Stock	531	717	861	1,113	1,642	1,817	2,404
Retained Earnings	-154	-244	-258	-303	-179	-415	-238
Treasury Stock	-	-	-	-	-	-	-145
Accumulated Other Comprehensive Income / (Loss)	0.07	0.17	0.20	0.26	0.28	0.31	0.45

This table displays calculated financial ratios and metrics derived from CleanSpark's official financial filings.

Metric	2015	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	-100.00%	0.00%	158.34%	291.68%	121.25%	291.75%	234.78%	28.04%	125.03%
EBITDA Growth	-4,373.89%	0.00%	-300.34%	87.26%	81.51%	198.34%	858.32%	-205.42%	127.44%
EBIT Growth	-2,818.56%	0.00%	-244.15%	63.96%	22.29%	35.60%	-372.02%	-234.74%	-15.74%
NOPAT Growth	-5,774.96%	0.00%	47.11%	-134.79%	8.85%	21.43%	-218.23%	-246.09%	-13.74%
Net Income Growth	-7,619.58%	0.00%	-248.23%	44.44%	10.61%	6.57%	-162.82%	-140.99%	-5.52%
EPS Growth	0.00%	0.00%	0.00%	0.00%	60.96%	88.11%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	-84.21%	0.00%	7.44%	-352.03%	-16.58%	-261.09%	406.25%	-123.48%	-1,254.80%
Free Cash Flow Firm Growth	-160.56%	0.00%	0.00%	-496.55%	-6.13%	-2,955.39%	50.09%	-144.60%	-229.38%
Invested Capital Growth	-100.00%	0.00%	-16.99%	-16.79%	-9.10%	2,145.59%	39.96%	63.18%	157.50%
Revenue Q/Q Growth	-100.00%	0.00%	252.20%	56.31%	-3.54%	83.72%	49.44%	-6.05%	10.74%
EBITDA Q/Q Growth	-1,161.53%	0.00%	-911.18%	84.64%	26.96%	107.63%	-40.07%	-406.02%	-27.00%
EBIT Q/Q Growth	-1,028.57%	0.00%	-1,366.88%	62.72%	17.09%	60.60%	-110.46%	-73.80%	3.29%
NOPAT Q/Q Growth	-1,028.57%	0.00%	-369.52%	-54.43%	12.04%	58.08%	-166.20%	-70.53%	2.29%
Net Income Q/Q Growth	-1,269.70%	0.00%	-663.85%	-485.86%	23.86%	7.21%	-181.11%	-32.82%	8.01%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	73.39%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-79.98%	0.00%	1.61%	7.37%	-85.29%	0.44%	48.04%	-147.07%	-17.39%
Free Cash Flow Firm Q/Q Growth	-367.52%	0.00%	0.00%	69.54%	-69.79%	-8.46%	1.46%	-33.21%	-44.65%
Invested Capital Q/Q Growth	-100.00%	0.00%	1,058.57%	-37.74%	-20.42%	11.76%	3.00%	10.07%	32.40%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	0.00%	33.86%	16.23%	14.82%	21.15%	86.60%	68.65%	44.43%	56.32%
EBITDA Margin	0.00%	-2,484.01%	-3,849.37%	-125.18%	-10.46%	2.63%	7.52%	-6.19%	0.75%
Operating Margin	0.00%	-2,986.46%	-611.43%	-366.53%	-151.00%	-30.29%	-28.79%	-77.81%	-39.33%
EBIT Margin	0.00%	-2,986.46%	-3,978.38%	-366.10%	-128.59%	-21.14%	-29.81%	-77.92%	-40.08%
Profit (Net Income) Margin	0.00%	-3,013.31%	-4,061.81%	-576.18%	-232.79%	-55.52%	-43.59%	-82.03%	-38.47%
Tax Burden Percent	100.00%	100.00%	100.40%	100.15%	100.00%	265.06%	143.00%	103.31%	100.00%
Interest Burden Percent	100.15%	100.90%	101.69%	157.15%	181.03%	99.09%	102.27%	101.90%	95.98%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-45.68%	-26.41%	-74.60%	-78.43%	-5.52%	-7.64%	-17.23%	-8.84%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-2,664.76%	-7,545.36%	695.11%	229.44%	127.76%	373.66%	599.74%	99.33%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-20.68%	-231.89%	-74.89%	-53.80%	-8.02%	-8.51%	-8.36%	-3.12%
Return on Equity (ROE)	-984.09%	-66.36%	-258.29%	-149.49%	-132.23%	-13.54%	-16.15%	-25.59%	-11.97%
Cash Return on Invested Capital (CROIC)	-563.78%	0.00%	-7.84%	-56.28%	-68.89%	-188.46%	-40.95%	-65.25%	-96.95%
Operating Return on Assets (OROA)	0.00%	-49.72%	-240.12%	-80.97%	-56.35%	-4.89%	-10.18%	-21.61%	-11.15%
Return on Assets (ROA)	0.00%	-50.17%	-245.15%	-127.43%	-102.01%	-12.84%	-14.89%	-22.76%	-10.70%
Return on Common Equity (ROCE)	-984.09%	-66.36%	-258.28%	-149.48%	-132.22%	-13.54%	-16.15%	-25.59%	-11.97%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-66.36%	-292.76%	-138.29%	-142.13%	-7.13%	-14.19%	-20.45%	-8.28%
Net Operating Profit after Tax (NOPAT)	-2.44	-9.36	-4.95	-12	-11	-8.33	-27	-92	-104
NOPAT Margin	0.00%	-2,090.52%	-428.00%	-256.57%	-105.70%	-21.20%	-20.15%	-54.47%	-27.53%
Net Nonoperating Expense Percent (NNEP)	-2,979.94%	2,619.08%	7,518.95%	-769.71%	-307.87%	-133.27%	-381.31%	-616.97%	-108.17%
Cost of Revenue to Revenue	0.00%	66.14%	67.53%	85.18%	78.85%	13.40%	31.35%	55.57%	43.68%
SG&A Expenses to Revenue	0.00%	308.68%	134.00%	126.77%	75.92%	31.19%	12.84%	18.82%	11.61%
R&D to Revenue	0.00%	238.45%	119.49%	32.07%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	0.00%	3,014.59%	627.67%	381.35%	172.15%	116.89%	97.44%	122.25%	95.65%
Earnings before Interest and Taxes (EBIT)	-3.48	-13	-46	-17	-13	-8.30	-39	-131	-152
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-3.48	-11	-45	-5.67	-1.05	1.03	9.89	-10	2.86
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	3.44	2.06	13.20	1.35	0.37	0.86	1.32
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	7.11	86.87	1.45	0.38	0.88	1.32
Price to Revenue (P/Rev)	0.00	0.00	47.76	8.59	21.61	10.50	1.14	3.45	6.12
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	3.25	2.42	16.56	1.36	0.37	0.86	1.33
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	47.80	7.55	21.26	10.02	1.14	3.35	5.95
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	381.49	15.18	0.00	788.66
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	2.04	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.01	0.03	0.16	0.03	0.00	0.05	0.02	0.04
Long-Term Debt to Equity	0.00	0.01	0.01	0.16	0.03	0.00	0.03	0.01	0.00
Financial Leverage	-0.10	0.01	0.03	-0.11	-0.23	-0.06	-0.02	-0.01	-0.03
Leverage Ratio	1.08	1.02	1.05	1.17	1.30	1.05	1.09	1.12	1.12
Compound Leverage Factor	1.08	1.02	1.07	1.84	2.35	1.05	1.11	1.15	1.07
Debt to Total Capital	0.00%	1.03%	2.78%	14.15%	3.13%	0.00%	5.03%	2.30%	3.61%
Short-Term Debt to Total Capital	0.00%	0.30%	1.87%	0.31%	0.00%	0.00%	1.83%	1.01%	3.22%
Long-Term Debt to Total Capital	0.00%	0.73%	0.91%	13.85%	3.13%	0.00%	3.20%	1.29%	0.39%
Preferred Equity to Total Capital	0.00%	0.00%	0.01%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	98.97%	97.22%	85.84%	96.86%	100.00%	94.97%	97.70%	96.39%
Debt to EBITDA	0.00	-0.02	-0.01	-0.55	-0.51	0.00	2.16	-1.53	23.05
Net Debt to EBITDA	0.00	-0.01	0.00	0.83	3.39	0.00	0.03	1.61	-21.35
Long-Term Debt to EBITDA	0.00	-0.01	0.00	-0.54	-0.51	0.00	1.38	-0.85	2.51
Debt to NOPAT	0.00	-0.02	-0.09	-0.27	-0.05	0.00	-0.81	-0.17	-0.63
Net Debt to NOPAT	0.00	-0.02	-0.01	0.41	0.34	0.00	-0.01	0.18	0.59
Long-Term Debt to NOPAT	0.00	-0.02	-0.03	-0.26	-0.05	0.00	-0.51	-0.10	-0.07
Altman Z-Score	0.00	0.00	8.13	-2.14	13.40	20.66	1.29	3.14	6.80
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	0.43	0.41	6.58	1.53	5.74	1.49	1.38	3.75
Quick Ratio	0.00	0.33	0.33	5.73	0.92	1.90	0.62	1.20	3.70
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1.80	0.00	-1.47	-8.77	-9.31	-284	-142	-347	-1,144
Operating Cash Flow to CapEx	-247.76%	-26,640.55%	-8,278.20%	0.00%	0.00%	-17.23%	380.89%	-27.42%	-348.03%
Free Cash Flow to Firm to Interest Expense	-349.54	0.00	-1.52	-0.93	-0.87	-1,952.23	-131.72	-116.67	-465.98
Operating Cash Flow to Interest Expense	-37.06	-11.32	-1.31	-0.60	-0.62	-164.60	68.14	-5.79	-95.18
Operating Cash Flow Less CapEx to Interest Expense	-52.02	-11.36	-1.32	-0.55	-0.61	-1,120.04	50.25	-26.92	-122.53
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.02	0.06	0.22	0.44	0.23	0.34	0.28	0.28
Accounts Receivable Turnover	0.00	9.05	30.42	11.17	12.25	67.34	787.42	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	32.16	278.79	0.00	0.00
Fixed Asset Turnover	0.00	0.99	10.91	39.11	76.25	0.57	0.51	0.36	0.53
Accounts Payable Turnover	0.00	1.17	2.14	5.32	2.90	0.91	2.61	2.90	2.69
Days Sales Outstanding (DSO)	0.00	40.35	12.00	32.69	29.80	5.42	0.46	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	11.35	1.31	0.00	0.00
Days Payable Outstanding (DPO)	0.00	312.74	170.71	68.55	126.07	399.10	140.06	125.91	135.50
Cash Conversion Cycle (CCC)	0.00	-272.39	-158.71	-35.86	-96.27	-382.33	-138.28	-125.91	-135.50
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	20	17	14	13	289	405	660	1,700
Invested Capital Turnover	0.00	0.02	0.06	0.29	0.74	0.26	0.38	0.32	0.32
Increase / (Decrease) in Invested Capital	-0.64	0.00	-3.48	-2.86	-1.29	276	115	256	1,040
Enterprise Value (EV)	0.00	0.00	55	34	213	394	150	565	2,256
Market Capitalization	0.00	0.00	55	39	217	413	150	582	2,317
Book Value per Share	$0.00	$0.61	$0.46	$0.41	$0.95	$8.59	$8.58	$4.43	$7.10
Tangible Book Value per Share	$0.00	($0.01)	($0.02)	$0.12	$0.14	$8.02	$8.44	$4.34	$7.05
Total Capital	0.00	21	17	22	17	306	425	692	1,827
Total Debt	0.00	0.21	0.46	3.11	0.53	0.00	21	16	66
Total Long-Term Debt	0.00	0.15	0.15	3.05	0.53	0.00	14	8.91	7.18
Net Debt	0.00	0.15	0.05	-4.73	-3.56	-19	0.33	-17	-61
Capital Expenditures (CapEx)	0.08	0.01	0.02	-0.47	-0.05	139	19	63	67
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-0.17	-0.91	0.61	-1.22	29	3.45	2.47	449
Debt-free Net Working Capital (DFNWC)	0.00	-0.11	-0.49	8.45	2.87	48	25	35	576
Net Working Capital (NWC)	0.00	-0.17	-0.80	8.38	2.87	48	17	28	518
Net Nonoperating Expense (NNE)	1.05	4.13	42	14	13	13	31	46	41
Net Nonoperating Obligations (NNO)	0.00	0.16	0.96	-4.73	-3.56	-17	0.51	-16	-61
Total Depreciation and Amortization (D&A)	0.00	2.25	1.49	11	12	9.34	49	121	155
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-37.67%	-78.25%	13.46%	-12.13%	73.48%	2.62%	1.47%	118.56%
Debt-free Net Working Capital to Revenue	0.00%	-24.92%	-42.59%	186.40%	28.61%	121.32%	18.64%	20.85%	152.08%
Net Working Capital to Revenue	0.00%	-38.54%	-69.23%	184.91%	28.61%	121.32%	12.72%	16.70%	136.57%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.18)	$0.00	($1.36)	($6.25)	($2.44)	($0.75)	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	19.23M	0.00	34.52M	4.18M	9.55M	41.45M	42.61M	102.71M	216.86M
Adjusted Diluted Earnings per Share	($0.18)	$0.00	$0.00	$0.00	($2.44)	($0.75)	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	20.37M	0.00	0.00	4.78M	23.96M	41.45M	85.23M	205.42M	433.72M
Adjusted Basic & Diluted Earnings per Share	($0.18)	$0.00	$0.00	$0.00	($2.44)	($0.75)	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	20.37M	0.00	0.00	4.78M	23.96M	29.44M	42.61M	102.71M	216.86M
Normalized Net Operating Profit after Tax (NOPAT)	-2.44	-3.39	-3.63	-6.79	-11	-3.70	-9.80	-85	38
Normalized NOPAT Margin	0.00%	-756.27%	-313.31%	-149.78%	-105.70%	-9.43%	-7.45%	-50.69%	10.01%
Pre Tax Income Margin	0.00%	-3,013.31%	-4,045.58%	-575.32%	-232.79%	-20.95%	-30.48%	-79.40%	-38.47%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-676.49	-111.20	-47.68	-1.75	-1.20	-56.99	-36.36	-44.08	-61.86
NOPAT to Interest Expense	-473.54	-77.84	-5.13	-1.23	-0.99	-57.15	-24.59	-30.81	-42.50
EBIT Less CapEx to Interest Expense	-691.45	-111.24	-47.70	-1.70	-1.19	-1,012.43	-54.26	-65.20	-89.21
NOPAT Less CapEx to Interest Expense	-488.50	-77.88	-5.15	-1.18	-0.98	-1,012.60	-42.48	-51.94	-69.84
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	-0.81%	-0.55%	-0.02%	-2.35%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	-0.81%	-0.55%	-0.02%	-2.35%

This table displays calculated financial ratios and metrics derived from CleanSpark's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	242.78%	265.99%	-25.07%	0.00%	46.71%	-27.74%	165.24%	162.77%	128.69%	69.98%	119.97%
EBITDA Growth	85.14%	478.41%	-144.78%	115.76%	638.96%	-126.60%	652.42%	3,874.40%	-2,461.62%	2.99%	464.34%
EBIT Growth	-15.91%	439.00%	-289.41%	26.13%	17.55%	-332.43%	191.91%	815.18%	-1,668.51%	9.52%	839.16%
NOPAT Growth	-27.84%	234.92%	-232.05%	23.87%	-1.76%	-265.04%	233.79%	1,220.25%	-1,498.19%	5.05%	648.29%
Net Income Growth	-75.93%	122.66%	-300.41%	-10,695.32%	51.54%	-6,386.02%	189.25%	786.54%	-1,561.45%	18.65%	852.53%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	159.29%	833.99%	-60.64%	-83.81%	3.68%	-266.49%	-1,032.24%	-734.63%	-1,272.23%	-136.74%	-150.51%
Free Cash Flow Firm Growth	42.24%	67.77%	209.91%	67.17%	-50.38%	-252.67%	-276.47%	-465.38%	-294.06%	-257.16%	-88.64%
Invested Capital Growth	51.87%	39.96%	0.00%	20.76%	52.69%	63.18%	0.00%	140.06%	114.08%	157.50%	208.12%
Revenue Q/Q Growth	0.00%	134.22%	-56.10%	52.94%	7.00%	15.37%	40.49%	51.52%	-6.88%	-14.25%	81.80%
EBITDA Q/Q Growth	93.80%	3,114.42%	-798.11%	138.16%	112.17%	-248.77%	558.68%	181.27%	-226.07%	93.89%	2,768.21%
EBIT Q/Q Growth	30.67%	285.93%	-98.65%	41.29%	22.61%	-424.15%	138.59%	381.57%	-291.36%	73.18%	500.59%
NOPAT Q/Q Growth	33.32%	373.32%	-93.96%	39.46%	10.87%	-343.30%	155.93%	380.94%	-227.15%	73.66%	540.82%
Net Income Q/Q Growth	-17,057.89%	104.14%	31.37%	36.41%	22.97%	-437.58%	133.90%	389.15%	-286.41%	73.68%	496.90%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-86.60%	274.74%	-73.03%	32.18%	-14.15%	-701.77%	-36.52%	-7.18%	-58.57%	-21.53%	-44.47%
Free Cash Flow Firm Q/Q Growth	49.91%	40.51%	437.57%	-122.34%	-129.39%	-39.52%	-146.77%	28.27%	-59.88%	-26.46%	-30.34%
Invested Capital Q/Q Growth	-1.45%	3.00%	-100.00%	0.00%	24.61%	10.07%	17.72%	48.67%	11.12%	32.40%	40.87%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	66.84%	97.46%	26.61%	48.10%	54.57%	42.12%	60.84%	69.32%	56.60%	35.99%	56.69%
EBITDA Margin	-5.01%	64.41%	-37.17%	9.27%	18.39%	-23.71%	77.41%	140.24%	-189.87%	-13.53%	198.59%
Operating Margin	-49.36%	40.32%	-103.82%	-41.10%	-34.24%	-131.55%	38.64%	122.65%	-239.25%	-73.48%	129.37%
EBIT Margin	-52.69%	41.83%	-106.65%	-40.94%	-29.61%	-134.53%	36.96%	111.43%	-228.99%	-71.61%	157.78%
Profit (Net Income) Margin	-94.56%	1.67%	-104.36%	-43.39%	-31.23%	-145.54%	35.11%	113.36%	-226.92%	-69.65%	152.05%
Tax Burden Percent	176.63%	3.98%	95.22%	101.62%	100.72%	107.74%	94.88%	100.00%	100.00%	100.00%	96.40%
Interest Burden Percent	101.60%	100.63%	102.76%	104.29%	104.73%	100.41%	100.15%	101.73%	99.10%	97.26%	99.97%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.12%	0.00%	0.00%	0.00%	3.60%
Return on Invested Capital (ROIC)	-9.34%	15.29%	0.00%	-10.78%	-8.66%	-29.13%	20.23%	42.51%	-60.86%	-16.52%	36.77%
ROIC Less NNEP Spread (ROIC-NNEP)	501.16%	362.77%	0.00%	-258.17%	-64.10%	344.04%	27.05%	49.43%	40.32%	25.92%	62.92%
Return on Net Nonoperating Assets (RNNOA)	-5.55%	-8.26%	0.00%	-1.48%	-0.78%	-4.79%	-1.12%	-7.66%	-2.46%	-0.82%	7.54%
Return on Equity (ROE)	-14.89%	7.03%	0.00%	-12.26%	-9.44%	-33.93%	19.11%	34.85%	-63.32%	-17.33%	44.31%
Cash Return on Invested Capital (CROIC)	-44.25%	-40.95%	0.00%	-30.99%	-52.54%	-65.25%	-213.27%	-72.48%	-83.98%	-96.95%	-99.95%
Operating Return on Assets (OROA)	-13.09%	14.29%	0.00%	-14.11%	-9.98%	-37.32%	9.18%	30.55%	-73.64%	-19.92%	40.51%
Return on Assets (ROA)	-23.49%	0.57%	0.00%	-14.95%	-10.53%	-40.37%	8.73%	31.08%	-72.97%	-19.38%	39.03%
Return on Common Equity (ROCE)	-14.89%	7.03%	0.00%	-12.26%	-9.44%	-33.93%	19.11%	34.85%	-63.32%	-17.33%	44.31%
Return on Equity Simple (ROE_SIMPLE)	-5.41%	0.00%	0.00%	-25.14%	-17.23%	0.00%	-10.27%	4.34%	-11.30%	0.00%	3.72%
Net Operating Profit after Tax (NOPAT)	-11	29	-20	-12	-11	-48	27	137	-174	-46	202
NOPAT Margin	-34.55%	40.32%	-72.68%	-28.77%	-23.96%	-92.08%	36.66%	122.65%	-167.47%	-51.43%	124.71%
Net Nonoperating Expense Percent (NNEP)	-510.50%	-347.48%	0.00%	247.39%	55.44%	-373.17%	-6.82%	-6.92%	-101.18%	-42.44%	-26.15%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	3.28%	-	-	-	7.58%
Cost of Revenue to Revenue	33.16%	2.54%	73.39%	51.90%	45.43%	57.88%	39.16%	30.68%	43.40%	64.01%	43.31%
SG&A Expenses to Revenue	11.43%	4.07%	23.56%	18.99%	16.01%	18.60%	8.91%	8.07%	12.11%	17.68%	8.59%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	116.20%	57.14%	130.44%	89.20%	88.81%	173.66%	22.20%	-53.33%	295.85%	109.47%	-72.68%
Earnings before Interest and Taxes (EBIT)	-16	30	-30	-17	-13	-71	27	125	-238	-64	256
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-1.55	47	-10	3.95	8.37	-12	57	157	-198	-12	322
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.43	0.37	0.00	0.46	0.80	0.86	2.08	2.87	2.59	1.32	1.33
Price to Tangible Book Value (P/TBV)	0.45	0.38	0.00	0.47	0.82	0.88	2.11	2.89	2.61	1.32	1.43
Price to Revenue (P/Rev)	1.84	1.14	1.20	1.32	2.70	3.45	7.85	14.81	10.62	6.12	5.76
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	69.74	0.00	0.00	40.03
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.43%	0.00%	0.00%	2.50%
Enterprise Value to Invested Capital (EV/IC)	0.45	0.37	0.00	0.46	0.80	0.86	2.12	3.37	2.74	1.33	1.28
Enterprise Value to Revenue (EV/Rev)	2.01	1.14	0.00	1.36	2.67	3.35	7.69	13.71	10.27	5.95	6.55
Enterprise Value to EBITDA (EV/EBITDA)	10.71	15.18	0.00	0.00	140.52	0.00	28.95	18.52	897.05	788.66	11.43
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	57.31	0.00	0.00	39.80
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	48.05	0.00	0.00	94.45
Enterprise Value to Operating Cash Flow (EV/OCF)	3.56	2.04	0.00	6.13	13.06	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.05	0.05	0.00	0.04	0.03	0.02	0.02	0.01	0.01	0.04	0.32
Long-Term Debt to Equity	0.03	0.03	0.00	0.02	0.02	0.01	0.01	0.00	0.00	0.00	0.32
Financial Leverage	-0.01	-0.02	0.00	0.01	0.01	-0.01	-0.04	-0.16	-0.06	-0.03	0.12
Leverage Ratio	1.08	1.09	0.00	1.09	1.09	1.12	1.06	1.07	1.06	1.12	1.29
Compound Leverage Factor	1.09	1.09	0.00	1.14	1.14	1.13	1.07	1.09	1.05	1.09	1.29
Debt to Total Capital	4.64%	5.03%	0.00%	3.58%	2.87%	2.30%	1.75%	0.87%	0.78%	3.61%	24.29%
Short-Term Debt to Total Capital	1.36%	1.83%	0.00%	1.47%	1.14%	1.01%	0.90%	0.52%	0.68%	3.22%	0.27%
Long-Term Debt to Total Capital	3.28%	3.20%	0.00%	2.11%	1.73%	1.29%	0.85%	0.34%	0.09%	0.39%	24.02%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	95.36%	94.97%	0.00%	96.41%	97.13%	97.70%	98.25%	99.13%	99.22%	96.39%	75.71%
Debt to EBITDA	1.11	2.16	0.00	-2.72	5.24	-1.53	0.25	0.06	2.80	23.05	2.42
Net Debt to EBITDA	0.90	0.03	0.00	-1.02	-1.37	1.61	-0.61	-1.48	-30.36	-21.35	1.37
Long-Term Debt to EBITDA	0.79	1.38	0.00	-1.60	3.16	-0.85	0.12	0.02	0.34	2.51	2.39
Debt to NOPAT	-1.84	-0.81	0.00	-0.33	-0.33	-0.17	-0.28	0.16	-0.10	-0.63	20.01
Net Debt to NOPAT	-1.49	-0.01	0.00	-0.12	0.09	0.18	0.67	-3.84	1.11	0.59	11.34
Long-Term Debt to NOPAT	-1.30	-0.51	0.00	-0.19	-0.20	-0.10	-0.14	0.06	-0.01	-0.07	19.78
Altman Z-Score	2.43	1.80	0.00	1.80	5.58	3.41	19.42	34.66	29.46	6.95	2.97
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.47	1.49	0.00	0.80	1.41	1.38	4.29	12.50	8.94	3.75	12.67
Quick Ratio	0.18	0.62	0.00	0.27	0.60	1.20	0.02	0.01	8.29	3.70	2.87
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-145	-86	425	-95	-218	-304	-750	-537	-858	-1,086	-1,415
Operating Cash Flow to CapEx	175.49%	0.00%	103.27%	40.21%	27.82%	-172.43%	-62.45%	-277.12%	-15.50%	0.00%	-42.76%
Free Cash Flow to Firm to Interest Expense	-461.35	0.00	478.11	-118.86	-316.18	-506.58	-1,373.72	-1,020.79	-1,770.04	-1,208.89	-907.57
Operating Cash Flow to Interest Expense	17.83	0.00	5.75	8.46	8.42	-58.21	-87.33	-81.57	-140.28	-92.08	-76.62
Operating Cash Flow Less CapEx to Interest Expense	7.67	0.00	0.18	-12.58	-21.86	-91.97	-227.19	-111.01	-1,045.44	369.90	-255.83
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.25	0.34	0.00	0.34	0.34	0.28	0.25	0.27	0.32	0.28	0.26
Accounts Receivable Turnover	72.05	787.42	0.00	47.87	1,768.01	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	278.79	0.00	69.22	0.00	0.00	139.43	131.58	0.00	0.00	0.45
Fixed Asset Turnover	0.45	0.51	0.00	0.46	0.45	0.36	0.34	0.51	0.65	0.53	0.49
Accounts Payable Turnover	2.25	2.61	0.00	2.63	3.74	2.90	3.05	3.05	3.22	2.69	6.78
Days Sales Outstanding (DSO)	5.07	0.46	0.00	7.62	0.21	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	1.31	0.00	5.27	0.00	0.00	2.62	2.77	0.00	0.00	820.12
Days Payable Outstanding (DPO)	161.91	140.06	0.00	138.61	97.49	125.91	119.50	119.72	113.26	135.50	53.84
Cash Conversion Cycle (CCC)	-156.85	-138.28	0.00	-125.72	-97.28	-125.91	-116.89	-116.95	-113.26	-135.50	766.28
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	393	405	0.00	481	600	660	777	1,155	1,284	1,700	2,394
Invested Capital Turnover	0.27	0.38	0.00	0.37	0.36	0.32	0.55	0.35	0.36	0.32	0.29
Increase / (Decrease) in Invested Capital	134	115	-445	83	207	256	777	674	684	1,040	1,617
Enterprise Value (EV)	177	150	0.00	223	479	565	1,649	3,890	3,516	2,256	3,062
Market Capitalization	162	150	146	217	483	582	1,684	4,201	3,635	2,317	2,694
Book Value per Share	$9.13	$8.58	$0.00	$6.08	$5.36	$4.43	$4.53	$7.39	$6.15	$7.10	$6.91
Tangible Book Value per Share	$8.67	$8.44	$0.00	$5.90	$5.24	$4.34	$4.47	$7.33	$6.10	$7.05	$6.43
Total Capital	395	425	0.00	492	621	692	825	1,476	1,413	1,827	2,670
Total Debt	18	21	0.00	18	18	16	14	13	11	66	649
Total Long-Term Debt	13	14	0.00	10	11	8.91	7.05	5.09	1.31	7.18	641
Net Debt	15	0.33	0.00	6.61	-4.68	-17	-35	-311	-119	-61	368
Capital Expenditures (CapEx)	3.19	-13	4.95	17	21	20	76	15	439	-415	279
Debt-free, Cash-free Net Working Capital (DFCFNWC)	11	3.45	0.00	-12	-0.17	2.47	98	317	412	449	855
Debt-free Net Working Capital (DFNWC)	15	25	0.00	-1.13	22	35	147	640	542	576	1,136
Net Working Capital (NWC)	9.46	17	0.00	-8.38	15	28	139	633	532	518	1,129
Net Nonoperating Expense (NNE)	19	28	8.81	6.22	3.31	28	1.14	10	62	16	-44
Net Nonoperating Obligations (NNO)	16	0.51	0.00	7.40	-3.95	-16	-33	-308	-118	-61	373
Total Depreciation and Amortization (D&A)	15	16	19	21	22	58	30	32	41	52	66
Debt-free, Cash-free Net Working Capital to Revenue	12.89%	2.62%	0.00%	-7.37%	-0.10%	1.47%	45.49%	111.62%	120.26%	118.56%	182.86%
Debt-free Net Working Capital to Revenue	16.84%	18.64%	0.00%	-0.68%	12.47%	20.85%	68.45%	225.80%	158.24%	152.08%	242.96%
Net Working Capital to Revenue	10.75%	12.72%	0.00%	-5.08%	8.52%	16.70%	64.99%	223.09%	155.41%	136.57%	241.42%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.39)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	41.28M	42.61M	0.00	80.47M	229.69M	102.71M	357.62M	209.29M	228.64M	216.86M	284.55M
Adjusted Diluted Earnings per Share	($0.39)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	41.28M	85.23M	0.00	80.47M	229.69M	205.42M	361.57M	424.20M	228.64M	433.72M	291.89M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	41.28M	42.61M	0.00	80.47M	152.64M	102.71M	198.06M	209.29M	457.29M	216.86M	280.81M
Normalized Net Operating Profit after Tax (NOPAT)	-7.63	21	-20	-12	-10	-43	28	97	-42	-38	202
Normalized NOPAT Margin	-24.59%	28.22%	-72.47%	-28.45%	-22.83%	-81.32%	37.53%	87.14%	-40.27%	-42.57%	124.24%
Pre Tax Income Margin	-53.53%	42.09%	-109.59%	-42.70%	-31.01%	-135.09%	37.01%	113.36%	-226.92%	-69.65%	157.73%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-52.07	0.00	-33.37	-21.80	-19.56	-117.76	49.94	236.84	-491.54	-71.19	164.27
NOPAT to Interest Expense	-34.14	0.00	-22.74	-15.32	-15.83	-80.60	49.54	260.69	-359.49	-51.13	129.84
EBIT Less CapEx to Interest Expense	-62.23	0.00	-38.94	-42.85	-49.85	-151.52	-89.91	207.40	-1,396.70	390.78	-14.94
NOPAT Less CapEx to Interest Expense	-44.30	0.00	-28.31	-36.37	-46.12	-114.36	-90.31	231.25	-1,264.65	410.84	-49.37
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-2.41%	-0.55%	0.00%	-0.26%	-0.02%	-0.02%	0.00%	0.94%	-2.16%	-2.35%	0.00%
Augmented Payout Ratio	-2.41%	-0.55%	0.00%	-0.26%	-0.02%	-0.02%	0.00%	0.94%	-2.16%	-2.35%	0.00%

Frequently Asked Questions About CleanSpark's Financials

When does CleanSpark's financial year end?

According to the most recent income statement we have on file, CleanSpark's fiscal year ends in September. Their fiscal year 2024 ended on September 30, 2024.

How has CleanSpark's net income changed over the last 8 years?

CleanSpark's net income appears to be on an upward trend, with a most recent value of -$145.78 million in 2024, rising from -$3.49 million in 2015. The previous period was -$138.15 million in 2023.

What is CleanSpark's operating income?

CleanSpark's total operating income in 2024 was -$149.04 million, based on the following breakdown:

Total Gross Profit: $213.45 million
Total Operating Expenses: $362.50 million

How has CleanSpark revenue changed over the last 8 years?

Over the last 8 years, CleanSpark's total revenue changed from $0.00 in 2015 to $378.97 million in 2024, a change of 37,896,800,000.0%.

How much debt does CleanSpark have?

CleanSpark's total liabilities were at $201.82 million at the end of 2024, a 134.9% increase from 2023, and a 56,365.9% increase since 2016.

How much cash does CleanSpark have?

In the past 8 years, CleanSpark's cash and equivalents has ranged from $57.13 thousand in 2017 to $121.22 million in 2024, and is currently $121.22 million as of their latest financial filing in 2024.

How has CleanSpark's book value per share changed over the last 8 years?

Over the last 8 years, CleanSpark's book value per share changed from 0.00 in 2015 to 7.10 in 2024, a change of 709.7%.

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This page (NASDAQ:CLSK) was last updated on 4/14/2025 by MarketBeat.com Staff

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CleanSpark (CLSK) Financials

Frequently Asked Questions About CleanSpark's Financials

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CleanSpark (CLSK) Financials

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