CleanSpark Q3 FY2023 revenue $45.5M (+47% YoY); Adjusted EBITDA $13.3M; 16 EH/s expansion fully funded

CLEANSPARK, INC.

Record quarterly revenue of $45.5M (up 47% YoY); net loss narrowed to $14.2M from $29.3M.
Adjusted EBITDA of $13.3M compared to $5.1M in prior year period.
Operating hashrate over 9 EH/s, tripling year over year; target of 16 EH/s fully funded.
Cash and bitcoin holdings total $125M; debt of $17.8M; total assets $652.8M.
Sequential revenue growth of 7% QoQ; net loss improved by $4.3M over Q2.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CLEANSPARK, INC. reported third quarter FY2023 results: revenue $45.5 million, net income $(14.2) million.

Period: third quarter FY2023
Revenue: $45.5 million
Net income: $(14.2) million
Result: reported results

Exact text from the filing

CleanSpark Reports Third Quarter FY2023 Financial Results; Announces 16 EH/s Expansion Fully Funded Achieved record revenue for the quarter of $45.5 million, net loss of $(14.2) million and Adjusted EBITDA of $13.3 million

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

CLEANSPARK, INC. filing history →

Source: SEC EDGAR

accession 0000950170-23-040541

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