Hut 8 Corp.

HUT

HUTHut 8 Corp. US flag

NASDAQ

100.93

USD

+9.48

- -

11.36BMarket Cap

Income Statement (USD)

API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	06/30/2021	06/30/2022	06/30/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	- -	79	87	162	235
+ Sales & Services Revenue	- -	79	87	162	235
- Cost of Revenue	- -	26	43	87	108
+ Cost of Goods & Services	- -	26	43	87	108
Gross Profit	- -	53	44	76	127
+ Other Operating Income	- -	- -	- -	- -	- -
- Operating Expenses	- -	43	46	121	225
+ Selling, General & Admin	- -	31	27	73	123
+ Research & Development	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	12	19	48	102
Operating Income (Loss)	- -	10	-2	-45	-97
- Non-Operating (Income) Loss	- -	37	64	-497	202
+ Interest Expense, Net	- -	7	28	30	30
+ Interest Expense	- -	7	28	30	30
- Interest Income	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	30	36	-527	172
Pretax Income	- -	-27	-67	452	-300
- Income Tax Expense (Benefit)	- -	5	-1	113	-52
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	- -	-32	-66	338	-248
- Net Extraordinary Losses (Gains)	- -	- -	- -	6	-44
+ Discontinued Operations	- -	- -	- -	-7	- -
+ Extraord. & Accounting Changes	- -	- -	- -	13	-44
Income (Loss) Incl. MI	- -	-32	-66	332	-204
- Minority Interest	- -	- -	- -	- -	22
Net Income, GAAP	- -	-32	-66	332	-226
- Preferred Dividends	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	- -	-32	-66	332	-226
EBIT	- -	10	-2	-45	-97
EBITDA	- -	22	17	4	7
EBITDA Margin (%)	- -	28.39	19.11	2.74	3.04
EBITA	- -	10	-2	-45	-97
Gross Margin (%)	- -	67.44	50.3	46.64	54.16
Operating Margin (%)	- -	13.24	-2.88	-27.69	-41.41
Profit Margin (%)	- -	-40.16	-75.64	204.38	-96.19
Sales per Employee	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -
Depreciation Expense	- -	12	19	49	105
Basic Weighted Avg Shares	- -	89	89	99	110
Basic EPS, GAAP	- -	-0.36	-0.74	3.34	-2.05
Basic EPS from Cont Ops	- -	-0.36	-0.74	3.4	-2.25
Diluted Weighted Avg Shares	- -	89	89	99	110
Diluted EPS, GAAP	- -	-0.36	-0.74	3.34	-2.05
Diluted EPS from Cont Ops	- -	-0.36	-0.74	3.4	-2.25

Balance Sheet (USD)

API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	06/30/2021	06/30/2022	06/30/2023	12/31/2024	12/31/2025

Total Current Assets	10	37	19	257	408
+ Cash, Cash Equivalents & STI	10	22	11	85	45
+ Cash & Cash Equivalents	7	21	10	85	45
+ ST Investments	3	1	1	- -	- -
+ Accounts & Notes Receiv	- -	7	1	8	32
+ Accounts Receivable, Net	- -	1	1	7	31
+ Notes Receivable, Net	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	5	- -	1	1
+ Inventories	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -
+ Other ST Assets	- -	9	8	164	331
+ Misc ST Assets	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -
Total Noncurrent Assets	33	208	171	1,262	2,346
+ Property, Plant & Equip, Net	7	120	71	242	664
+ Property, Plant & Equip	8	132	86	294	754
- Accumulated Depreciation	- -	12	15	52	90
+ LT Investments & Receivables	- -	- -	94	88	52
+ LT Investments	- -	- -	94	88	52
+ LT Receivables	- -	- -	- -	- -	- -
+ Other LT Assets	26	88	6	931	1,630
+ Total Intangible Assets	- -	- -	6	66	221
+ Goodwill	- -	- -	- -	53	210
+ Other Intangible Assets	- -	- -	6	13	11
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ Misc LT Assets	26	88	- -	865	1,409
Total Assets	43	245	190	1,519	2,754
+ Payables & Accruals	2	7	7	34	36
+ Accounts Payable	1	6	4	11	16
+ Accrued Taxes	- -	- -	- -	11	10
+ Interest & Dividends Payable	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	1	4	12	11
+ ST Debt	4	78	2	72	203
+ ST Borrowings	4	77	1	65	200
+ ST Finance Leases	- -	- -	- -	7	3
+ Other ST Liabilities	- -	15	1	47	136
+ Deferred Revenue	- -	15	1	6	1
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	41	135
Total Current Liabilities	6	100	10	154	376
+ LT Debt	- -	53	151	273	227
+ LT Borrowings	- -	51	150	236	210
+ LT Finance Leases	- -	2	1	38	16
+ Other LT Liabilities	- -	4	1	111	462
+ Accrued Liabilities	- -	3	1	111	130
+ Pension Liabilities	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	1	- -	- -	332
Total Noncurrent Liabilities	- -	57	152	384	689
Total Liabilities	6	157	163	538	1,064
+ Preferred Equity and Hybrid Capital	25	- -	- -	- -	- -
+ Share Capital & APIC	20	128	134	791	1,427
+ Common Stock	- -	- -	- -	1	1
+ Additional Paid in Capital	20	128	133	790	1,426
- Treasury Stock	- -	- -	- -	- -	- -
+ Retained Earnings	-9	-41	-106	232	5
+ Other Equity	- -	- -	- -	-46	-10
Equity Before Minority Interest	37	88	27	977	1,422
+ Minority/Non Controlling Interest	- -	- -	- -	4	268
Total Equity	37	88	27	981	1,689
Total Liabilities & Equity	43	245	190	1,519	2,754
Shares Outstanding	89	89	89	99	110
Number of Employees	- -	- -	- -	- -	- -
Capital Leases - Total	1	2	1	45	19
Net Debt	-3	107	141	216	365
Net Debt to Equity	-7.15	122.38	514.42	21.98	21.62
Tangible Common Equity Ratio	27.98	35.75	11.84	62.94	57.98
Current Ratio	1.6	0.37	1.87	1.67	1.09
Cash Conversion Cycle	- -	-52.07	-38.02	-22.8	-16.22

Cash Flow Statement (USD)

API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	06/30/2021	06/30/2022	06/30/2023	12/31/2024	12/31/2025

+ Net Income	- -	-32	-66	331	-248
+ Depreciation & Amortization	- -	12	19	49	105
+ Non-Cash Items	- -	-28	22	-435	55
+ Stock-Based Compensation	- -	9	5	21	58
+ Deferred Income Taxes	- -	5	-2	112	-55
+ Asset Impairment Charge	- -	30	67	4	- -
+ Other Non-Cash Adj	- -	-73	-48	-572	52
+ Chg in Non-Cash Work Cap	- -	5	-5	-14	-51
+ (Inc) Dec in Accts Receiv	- -	- -	1	-2	-26
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	-11	8	-6	-10
+ Inc (Dec) in Accts Payable	- -	- -	2	-8	-5
+ Inc (Dec) in Other	- -	16	-16	1	-10
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	-43	-29	-69	-139
+ Change in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	5	6
+ Disp of Fixed Prod Assets	- -	- -	- -	5	6
+ Disp of Intangible Assets	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-37	-3	-164	-243
+ Acq of Fixed Prod Assets	- -	-37	-3	-164	-217
+ Acq of Intangible Assets	- -	- -	- -	- -	-26
+ Cash (Repurchase) of Equity	- -	- -	- -	163	758
+ Increase in Capital Stock	- -	- -	- -	163	758
+ Decrease in Capital Stock	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	44	50	- -	-163
+ Dec in LT Investment	- -	44	50	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	-163
+ Net Cash From Acq & Div	- -	- -	-10	-3	47
+ Cash from Divestitures	- -	- -	- -	3	47
+ Cash for Acq of Subs	- -	- -	-10	-6	- -
+ Cash for JVs	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	-141	-12	-26	-401
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	-134	25	-188	-754
+ Dividends Paid	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	120	-5	128	85
+ Cash From Debt	- -	131	14	165	135
+ Repayments of Debt	- -	-11	-20	-37	-50
+ Other Financing Activities	- -	71	-1	21	13
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	192	-7	312	856
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -
Net Changes in Cash	- -	14	-11	55	-37
EBITDA	- -	22	17	4	7
EBITDA Margin (%)	- -	28.39	19.11	2.74	3.04
Free Cash Flow	- -	-80	-32	-232	-382
Net Cash Paid for Acquisitions	- -	- -	10	3	-47
Free Cash Flow to Firm	- -	- -	- -	-210	- -
Free Cash Flow to Equity	- -	15	-38	-99	-265
Free Cash Flow per Basic Share	- -	-0.91	-0.37	-2.34	-3.47
Price/Free Cash Flow	- -	-104.33	-55.77	21.38	48.77
Cash Flow to Net Income	- -	1.35	0.45	-0.21	0.62
Capital Expenditures	- -	-37	-3	-164	-243