earnings
confidence high
sentiment positive
materiality 0.70
Mawson Dec 2024: digital colocation rev +69% YoY, total rev $5.26M, new 20 MW deal
Big Digital Energy, Inc.
2024-FY EPS
reported -$2.59
vs consensus -$4.49
▲ beat
(+42.3%)
- Digital colocation monthly revenue $4.49M, +69% YoY and +8% MoM; total monthly revenue $5.26M, +7% MoM.
- Current operating hash rate 4.98 EH/s; expected to increase to ~5.10 EH/s after new deployment.
- Signed 20 MW digital colocation agreement with NASDAQ-listed public company on Jan 3, 2025; initial term 12 months.
- Total operating capacity 129 MW; expected to grow to 153 MW upon Ohio facility completion later in 2025.
- Digital assets mining revenue $0.36M, energy management revenue $0.41M (up 25% MoM).