Cipher Mining Inc.

CIFRW

CIFRWCipher Mining Inc. US flag

NASDAQ Global Select

4.09

USD

-0.21

- -

1.62BMarket Cap

Income Statement (USD)

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	2021 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	- -	- -	3	127	151	224
+ Sales & Services Revenue	- -	- -	3	127	151	224
- Cost of Revenue	- -	- -	1	108	123	160
+ Cost of Goods & Services	- -	- -	1	108	123	160
Gross Profit	- -	- -	2	19	28	64
+ Other Operating Income	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	75	75	126	401
+ Selling, General & Admin	- -	- -	71	28	33	36
+ Research & Development	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	4	47	94	365
Operating Income (Loss)	- -	- -	-72	-55	-98	-337
- Non-Operating (Income) Loss	- -	- -	-35	-33	-54	488
+ Interest Expense, Net	- -	- -	- -	2	-2	17
+ Interest Expense	- -	- -	- -	2	2	37
- Interest Income	- -	- -	- -	- -	3	19
+ Other Non-Op (Income) Loss	- -	- -	-35	-35	-52	471
Pretax Income	- -	- -	-37	-22	-44	-826
- Income Tax Expense (Benefit)	- -	- -	2	4	- -	-3
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	- -	- -	-39	-26	-45	-822
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	- -	- -	-39	-26	-45	-822
- Minority Interest	- -	- -	- -	- -	- -	- -
Net Income, GAAP	- -	- -	-39	-26	-45	-822
- Preferred Dividends	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	- -	- -	-39	-26	-45	-822
EBIT	- -	- -	-72	-55	-98	-337
EBITDA	- -	- -	-67	4	5	-137
EBITDA Margin (%)	- -	- -	-2,216.56	3.51	3.6	-61.08
EBITA	- -	- -	-72	-55	-98	-337
Gross Margin (%)	- -	- -	75.37	15.08	18.58	28.4
Operating Margin (%)	- -	- -	-2,386.14	-43.72	-64.95	-150.67
Profit Margin (%)	- -	- -	-1,285.91	-20.32	-29.51	-367.17
Sales per Employee	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -
Depreciation Expense	- -	- -	5	60	104	201
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -

Balance Sheet (USD)

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	2021 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	- -	224	48	155	168	2,653
+ Cash, Cash Equivalents & STI	- -	210	12	86	6	628
+ Cash & Cash Equivalents	- -	210	12	86	6	628
+ ST Investments	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	- -	- -	1	1	35	1
+ Accounts Receivable, Net	- -	- -	- -	1	1	1
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	1	- -	34	- -
+ Inventories	- -	- -	6	33	93	125
+ Raw Materials	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	6	33	93	125
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	14	28	36	35	1,898
+ Misc ST Assets	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	131	371	411	687	1,639
+ Property, Plant & Equip, Net	- -	120	269	282	532	645
+ Property, Plant & Equip	- -	120	273	341	691	979
- Accumulated Depreciation	- -	- -	4	59	159	334
+ LT Investments & Receivables	- -	- -	37	35	54	29
+ LT Investments	- -	- -	37	35	54	29
+ LT Receivables	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	11	64	94	101	965
+ Total Intangible Assets	- -	- -	1	8	9	77
+ Goodwill	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	1	8	9	77
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	11	63	86	92	888
Total Assets	- -	354	418	566	855	4,292
+ Payables & Accruals	- -	- -	36	23	88	109
+ Accounts Payable	- -	- -	17	7	23	40
+ Accrued Taxes	- -	- -	19	15	15	9
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	1	51	60
+ ST Debt	- -	- -	4	5	39	44
+ ST Borrowings	- -	- -	- -	- -	32	38
+ ST Finance Leases	- -	- -	4	5	7	6
+ Other ST Liabilities	- -	- -	- -	6	4	546
+ Deferred Revenue	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	6	4	546
Total Current Liabilities	- -	- -	40	34	132	699
+ LT Debt	- -	- -	17	17	17	2,723
+ LT Borrowings	- -	- -	- -	- -	- -	2,712
+ LT Finance Leases	- -	- -	17	17	17	12
+ Other LT Liabilities	- -	- -	19	24	25	34
+ Accrued Liabilities	- -	- -	2	5	4	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	17	18	20	34
Total Noncurrent Liabilities	- -	- -	35	41	42	2,757
Total Liabilities	- -	1	76	75	173	3,456
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	426	454	628	863	1,809
+ Common Stock	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	425	454	628	863	1,809
- Treasury Stock	- -	- -	- -	- -	- -	- -
+ Retained Earnings	- -	-72	-111	-137	-181	-1,004
+ Other Equity	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	- -	354	343	491	682	806
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	30
Total Equity	- -	354	343	491	682	836
Total Liabilities & Equity	- -	354	418	566	855	4,292
Shares Outstanding	247	249	248	291	351	405
Number of Employees	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	21	22	24	18
Net Debt	- -	-210	-12	-86	27	2,121
Net Debt to Equity	- -	-59.36	-3.48	-17.52	3.92	253.77
Tangible Common Equity Ratio	-2.01	99.82	81.92	86.6	79.51	18
Current Ratio	- -	448.22	1.18	4.6	1.28	3.79
Cash Conversion Cycle	- -	- -	1,081.72	35.1	158.45	189.91

Cash Flow Statement (USD)

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	2021 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	- -	- -	-39	-26	-45	-822
+ Depreciation & Amortization	- -	- -	5	60	104	201
+ Non-Cash Items	- -	- -	12	-118	-165	482
+ Stock-Based Compensation	- -	- -	42	38	42	53
+ Deferred Income Taxes	- -	- -	2	3	-1	-4
+ Asset Impairment Charge	- -	- -	1	- -	- -	141
+ Other Non-Cash Adj	- -	- -	-33	-159	-206	292
+ Chg in Non-Cash Work Cap	- -	- -	1	-11	18	-68
+ (Inc) Dec in Accts Receiv	- -	- -	-1	-2	-2	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	-1	-3	13	- -
+ Inc (Dec) in Accts Payable	- -	- -	3	-6	11	- -
+ Inc (Dec) in Other	- -	- -	- -	-1	-4	-68
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	- -	-21	-94	-88	-208
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	-228	-55	-304	-494
+ Acq of Fixed Prod Assets	- -	- -	-227	-54	-302	-493
+ Acq of Intangible Assets	- -	- -	-1	-1	-1	-1
+ Cash (Repurchase) of Equity	- -	- -	-3	129	194	156
+ Increase in Capital Stock	- -	- -	- -	132	222	245
+ Decrease in Capital Stock	- -	- -	-3	-4	-28	-90
+ Net Change in LT Investment	- -	- -	- -	111	149	180
+ Dec in LT Investment	- -	- -	- -	111	149	215
+ Inc in LT Investment	- -	- -	- -	- -	- -	-35
+ Net Cash From Acq & Div	- -	- -	- -	-4	-37	-22
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	-4	-37	-22
+ Cash for JVs	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	54	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	- -	-174	53	-192	-337
+ Dividends Paid	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	- -	- -	-13	19	3,116
+ Cash From Debt	- -	- -	- -	- -	25	3,146
+ Repayments of Debt	- -	- -	- -	-13	-6	-30
+ Other Financing Activities	- -	- -	- -	- -	- -	-83
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	- -	-3	116	214	3,189
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -
Net Changes in Cash	- -	- -	-198	74	-66	2,645
EBITDA	- -	- -	-67	4	5	-137
EBITDA Margin (%)	- -	- -	-2,216.56	3.51	3.6	-61.08
Free Cash Flow	- -	- -	-249	-149	-391	-702
Net Cash Paid for Acquisitions	- -	- -	- -	4	37	22
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	- -	-248	-162	-371	2,415
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -
Cash Flow to Net Income	- -	- -	0.54	3.66	1.96	0.25
Capital Expenditures	- -	- -	-228	-55	-304	-494