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Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 199M | 9.3% |
| Gross Profit | 109M | 12.7% |
| Cost of Revenue | 90M | 5.5% |
| Operating expense | 20M | 91.6% |
| Net Income | 257M | 285.5% |
| EBITDA | 374M | 706.2% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 3.1B | 16.7% |
| Total Liabilities | 955M | 24.6% |
| Total Equity | 2.15B | 13.6% |
| Shares Outstanding | 326M | 15.9% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | -110M | 2.1% |
| Cash from investing | -125M | 109% |
| Cash from financing | 173M | 2441.9% |
EPS
Financial Highlights for Cleanspark in Q2 '25
Cleanspark reported a revenue of 199M, which is a 9.3% 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 109M, marking a 12.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 90M, a 5.5% 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 20M, showing a -91.6% 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 257M, showing a 285.5% 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.
The company's EBITDA for the quarter was 374M, showing a 706.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Cleanspark with growth in revenue, gross profit, and net income.
