OTCMCORZR
Market cap5.34bUSD
Dec 19, Last price
0.08USD
1D
-25.48%
1Q
-69.00%
IPO
-87.50%
Name
Core Scientific Inc
Chart & Performance
P/E
—
P/S
0.06
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
502m
-21.54%
Net income
-246m
L-88.52%
CFO
65m
-68.27%
Earnings
Mar 10, 2025
Profile
Core Scientific, Inc. operates facilities for digital asset mining and colocation services in North America. It provides blockchain infrastructure, software solutions, and services. The company mines digital assets for its own account and provides hosting colocation services for other large-scale miners. It operates in two segments, Equipment Sales and Hosting. The company owns and operates computer equipment that is used to process transactions conducted on one or more blockchain networks in exchange for transaction processing fees rewarded in digital currency assets, commonly referred to as mining; and datacenter facilities to provide colocation and hosting services for distributed ledger technology, also commonly known as blockchain. It also develops blockchain-based platforms and applications, including infrastructure management, security technologies, mining optimization, and recordkeeping. The company is headquartered in Austin, Texas. On December 21, 2022, Core Scientific, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | |
| Income | |||||
Revenues | 502,400 -21.54% | 640,313 17.60% | 544,483 802.66% | ||
Cost of revenue | 487,052 | 884,886 | 377,843 | ||
Unusual Expense (Income) | |||||
NOPBT | 15,348 | (244,573) | 166,640 | ||
NOPBT Margin | 3.05% | 30.61% | |||
Operating Taxes | 683 | (17,091) | 15,763 | ||
Tax Rate | 4.45% | 9.46% | |||
NOPAT | 14,665 | (227,482) | 150,877 | ||
Net income | (246,487) -88.52% | (2,146,318) -4,636.52% | 47,312 -455,023.08% | ||
Dividends | |||||
Dividend yield | |||||
Proceeds from repurchase of equity | 449,762 | 671,263 | |||
BB yield | |||||
| Debt | |||||
Debt current | 164,054 | 37,011 | 104,448 | ||
Long-term debt | 778,444 | 1,440 | 714,358 | ||
Deferred revenue | |||||
Other long-term liabilities | 99,335 | 1,029,523 | 80,676 | ||
Net debt | 892,089 | (13,789) | 687,128 | ||
| Cash flow | |||||
Cash from operating activities | 65,114 | 205,187 | (56,735) | ||
CAPEX | (16,161) | (383,980) | (59,275) | ||
Cash from investing activities | (2,996) | (590,778) | (423,840) | ||
Cash from financing activities | (44,649) | 306,153 | 603,532 | ||
FCF | 291,937 | 131,975 | (756,461) | ||
| Balance | |||||
Cash | 50,409 | 52,240 | 131,678 | ||
Long term investments | |||||
Excess cash | 25,289 | 20,224 | 104,454 | ||
Stockholders' equity | (2,420,201) | (2,173,714) | 50,581 | ||
Invested Capital | 2,807,988 | 2,826,902 | 2,166,706 | ||
ROIC | 0.52% | 12.74% | |||
ROCE | 3.96% | 7.52% | |||
| EV | |||||
Common stock shares outstanding | 379,863 | 340,647 | 233,305 | ||
Price | |||||
Market cap | |||||
EV | |||||
EBITDA | 111,793 | (18,480) | 200,002 | ||
EV/EBITDA | |||||
Interest | 86,238 | 96,826 | 44,354 | ||
Interest/NOPBT | 561.88% | 26.62% | |||