According to BlockBeats, on December 3, according to PR Newswire, Nasdaq-listed Bitcoin mining company CleanSpark released its 2024 fiscal year financial report, with annual revenue reaching $378.9 million, a year-on-year increase of 125%. As of the end of September, the company held $122.2 million in cash, $509.5 million in Bitcoin assets, and total assets of $2 billion.
The financial report shows that the company's adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) was $245.8 million, an increase of $220.8 million from the previous fiscal year. The net loss was $145.8 million, and the loss per share was $0.69, which was 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.
