According to TechFlow, on December 3, PR Newswire reported that CleanSpark, a Nasdaq-listed Bitcoin mining company, released its 2024 fiscal year financial report. Data showed that the company's annual revenue reached US$378.9 million, a year-on-year increase of 125%. As of the end of September 2024, the company held US$122.2 million in cash, US$509.5 million in Bitcoin assets, and total assets of US$2 billion.
The company's adjusted EBITDA was $245.8 million, up $220.8 million from the previous fiscal year. Net loss was $145.8 million, with a loss per share of $0.69, an improvement from the loss per share of $1.30 in the previous fiscal year. In terms of assets and liabilities, the company had operating capital of $517.5 million, loans payable of $66 million, and shareholders' equity of $1.8 billion.
