earnings
confidence high
sentiment positive
materiality 0.85
CleanSpark Q1 FY2025 revenue $162.3M (+120% YoY), net income $246.8M, EPS $0.85
CLEANSPARK, INC.
- Revenue $162.3M vs $73.8M prior year; net income $246.8M ($0.85 basic EPS) vs $25.9M.
- Adjusted EBITDA $321.6M, up from $69.1M; gross margin 57%.
- Marginal cost to mine ~$34,000 per bitcoin, down 6%; operating hashrate surpassed 40 EH/s.
- Bitcoin treasury >10,500 BTC, all self-mined; closed $650M convertible bond.
- Total assets $2.8B, liquidity $1.2B; targeting 50 EH/s in first half of 2025.