Deep Tide TechFlow News, on December 3, according to a press release, Nasdaq-listed Bitcoin mining company CleanSpark released its fiscal year 2024 financial report. The data shows that the company's annual revenue reached $378.9 million, a year-on-year increase of 125%. As of the end of September 2024, 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 EBITDA was $245.8 million, an increase of $220.8 million compared to the previous fiscal year. The net loss was $145.8 million, with a loss per share of $0.69, an improvement from the previous fiscal year's loss per share of $1.30. In terms of assets and liabilities, the company's operating capital was $517.5 million, loans payable amounted to $66 million, and shareholder equity was $1.8 billion.