CleanSpark Q2 FY2022 revenue $41.6M, net loss $0.17M, adjusted EBITDA $22.5M

CLEANSPARK, INC.

2022-Q2 EPS reported -$0.34 revenue$82,879,961

Revenue $41.6M, up 4x from $8.1M YoY; net loss $0.17M vs prior net income $7.4M.
Adjusted EBITDA $22.5M, up from $1.9M YoY; diluted loss per share $0.00.
No long-term debt; working capital $19.4M; total assets $424.8M.
Growth capex 100% funded from bitcoin conversion; no shelf offerings since Nov 2021.
Line-of-sight on 600MW of power from Lancium agreement signed near quarter end.

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