XTSE
HUT
Market cap3.99bUSD
Sep 17, Last price
52.04CAD
1D
8.08%
1Q
122.87%
IPO
160.20%
Name
Hut 8 Mining Corp
Chart & Performance
P/E
16.55
P/S
8.18
EPS
3.14
Div Yield, %
—
Shrs. gr., 5y
3.06%
Rev. gr., 5y
52.29%
Revenues
672m
+721.20%
Net income
332m
+3,860.95%
CFO
-69m
L+158.80%
Profile
Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. The company engages in industrial scale bitcoin mining operations. It also owns and operates 38 BlockBoxes in Drumheller, Alberta; and 51 BlockBoxes in Medicine Hat, Alberta. Hut 8 Mining Corp. was incorporated in 2011 and is headquartered in Toronto, Canada.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024‑12 | 2023‑12 | 2023‑06 | 2022‑06 | 2021‑12 | 2021‑06 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2017‑06 | 2016‑06 | |
| Income | ||||||||||||
Revenues | 671,722 345.79% | 81,798 | 150,682 | |||||||||
Cost of revenue | 159,572 | 95,057 | 217,810 | |||||||||
Unusual Expense (Income) | ||||||||||||
NOPBT | 512,150 | (13,259) | (67,128) | |||||||||
NOPBT Margin | 76.24% | |||||||||||
Operating Taxes | 113,457 | (568) | 9,593 | |||||||||
Tax Rate | 22.15% | |||||||||||
NOPAT | 398,693 | (12,691) | (76,721) | |||||||||
Net income | 331,882 -236.68% | 8,379 | (242,813) | |||||||||
Dividends | ||||||||||||
Dividend yield | ||||||||||||
Proceeds from repurchase of equity | 162,534 | 22 | 124,855 | |||||||||
BB yield | -5.64% | 0.00% | -15.11% | |||||||||
| Debt | ||||||||||||
Debt current | 72,437 | 87,161 | 16,217 | |||||||||
Long-term debt | 318,276 | 181,594 | 52,500 | |||||||||
Deferred revenue | 18,984 | (1,454) | ||||||||||
Other long-term liabilities | 159,747 | 22,039 | 212 | |||||||||
Net debt | 217,276 | 112,400 | (55,381) | |||||||||
| Cash flow | ||||||||||||
Cash from operating activities | (68,535) | (26,482) | (105,034) | |||||||||
CAPEX | (163,602) | (815) | (72,701) | |||||||||
Cash from investing activities | (188,472) | 87,253 | (103,608) | |||||||||
Cash from financing activities | 311,946 | (33,451) | 99,826 | |||||||||
FCF | 381,737 | 337,729 | 122,398 | |||||||||
| Balance | ||||||||||||
Cash | 85,044 | 47,364 | 30,515 | |||||||||
Long term investments | 88,393 | 108,990 | 93,583 | |||||||||
Excess cash | 139,851 | 152,264 | 116,564 | |||||||||
Stockholders' equity | 190,982 | (116,831) | 437,193 | |||||||||
Invested Capital | 1,186,377 | 1,051,367 | 281,003 | |||||||||
ROIC | 54.34% | |||||||||||
ROCE | 35.63% | |||||||||||
| EV | ||||||||||||
Common stock shares outstanding | 97,942 | 81,481 | 37,554 | |||||||||
Price | 29.44 33.82% | 17.68 103.22% | 22.00 152.87% | |||||||||
Market cap | 2,883,427 249.00% | 1,440,584 | 826,186 | |||||||||
EV | 3,104,613 | 1,552,984 | 869,308 | |||||||||
EBITDA | 561,559 | 1,355 | 27,400 | |||||||||
EV/EBITDA | 5.53 | 1,146.04 | 31.73 | |||||||||
Interest | 29,794 | 7,592 | ||||||||||
Interest/NOPBT | 5.82% | |||||||||||