Mawson Q1 revenue up 145% YoY to $18.77M; co-location revenue jumps 83% QoQ

Big Digital Energy, Inc.

2024-Q1 EPS reported -$1.19 revenue$18,771,309

Total revenue $18.77M, up 145% YoY and 34% QoQ.
Co-location segment revenue $8.23M (+90% YoY, +83% QoQ).
Energy management revenue $2.47M (+461% YoY, +2% QoQ).
SG&A expenses reduced 30% YoY and 19% QoQ to $3.46M.
Planned expansion of Midland facility capacity by 20 MW to 120 MW.

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 0.95

Big Digital Energy, Inc. reported first quarter of fiscal year 2024 ended March 31, 2024 results: revenue $18.77 million.

Period: first quarter of fiscal year 2024 ended March 31, 2024
Revenue: $18.77 million
Result: reported results

Exact text from the filing

Q1 2024 revenue increased 145% Y/Y and 34% Q/Q to $18.77 million.

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Source: SEC EDGAR

accession 0001171843-24-002919

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