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Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 32M | 6.9% |
| Gross Profit | -8.5M | 29.9% |
| Cost of Revenue | 40M | 3.7% |
| Operating expense | 50M | 521.9% |
| Net Income | 140,000 | 88.8% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 532M | 11.1% |
| Total Liabilities | 82M | 86.4% |
| Total Equity | 449M | 3.4% |
| Shares Outstanding | 166M | 25.9% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | 40M | 316.6% |
| Cash from financing | 66M | 20.8% |
EPS
Financial Highlights for HIVE Digital Technologies in Q1 '25
HIVE Digital Technologies reported a revenue of 32M, which is a 6.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at -8.5M, marking a 29.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 40M, a -3.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 50M, showing a 521.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 140,000, showing a -88.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
HIVE Digital Technologies faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
