Similar companies
Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 46M | 42.9% |
| Gross Profit | -6.2M | 27% |
| Cost of Revenue | 52M | 28.2% |
| Operating expense | -13M | 231.6% |
| Net Income | 35M | 24559.2% |
| EBITDA | 58M | 200.2% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 629M | 18.3% |
| Total Liabilities | 68M | 17.3% |
| Total Equity | 561M | 24.8% |
| Shares Outstanding | 193M | 23.8% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | 10M | 74.6% |
| Cash from investing | -62M | 33.6% |
| Cash from financing | 53M | 20.4% |
EPS
Financial Highlights for HIVE Digital Technologies in Q2 '25
HIVE Digital Technologies reported a revenue of 46M, which is a 42.9% 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 -6.2M, marking a 27% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 52M, a 28.2% 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 -13M, showing a -231.6% 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 35M, showing a 24559.2% 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 58M, showing a 200.2% 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 HIVE Digital Technologies with growth in revenue, gross profit, and net income.
