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Hut 8 Corp   (HUT)
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Hut 8 Corp

HUT's Financial Statements and Analysis



Hut 8 Corp reported in the first quarter of 2024 net earnings per share of $2.76 an increase by % year on year from $0.00 and an improvement compare to net loss per share of $-0.50 realized in previous quarter.


first quarter of 2024
Earnings Per Share Revenues
$ 2.76 $  54 Mill
$+2.76     $+54M    



Hut 8 's Revenue rose by 0 % in first quarter of 2024 (Mar 31 2024) year on year, to $54 million and advanced by 147.31 % sequentially.


Hut 8 is Expected to report next financial results on August 13, 2024.

More on HUT's Income Statement



Hut 8 's net income of $250.707 million in the first quarter of 2024 increased from net earnings of $0.000 million achieved in a year ago.

Sequentially Company turn into Profitability from net loss of $-4.374 million recorded in previous quarter.

More on HUT's Growth

Hut 8 Inventories
In Mar 31 2024 company's net cash and cash equivalents decreased by $-19 million

More on HUT's Cash flow Statement


Hut 8 Corp does not pay out common stock dividend.

In trailing twelve-month period Hut 8 Corp payed $ -0.26 cash per share, on a free-cash flow basis .

Book value grew by 210.03 % sequentially to $7.90 per share, 349.74% of net income per share in trailing twelve-month period were contributed to shareholder value.


Company issued 84.56 million shares or 925.06 % in Mar 31 2024.
Interest Coverage Ratio was 22.53. Debt Coverage Ratio was 3.39.

More on HUT's Dividends

 Market Capitalization (Millions) 870
 Shares Outstanding (Millions) 94
 Total Debt (Millions $) 178
 Revenue (TTM) (Millions $) 75
 Net Income (TTM) (Millions $) 246
 Cash Flow (TTM) (Millions $) -16
 Capital Exp. (TTM) (Millions $) -14
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Hut 8 Corp does not pay out common stock dividend.

In trailing twelve-month period Hut 8 Corp had negative $ -0.26 cash flow per share, on a free-cash flow basis .

Book value grew by 210.03 % sequentially to $7.90 per share, 349.74% of net income per share in trailing twelve-month period were contributed to shareholder value.


Company issued 84.56 million shares or 925.06 % in Mar 31 2024.
Interest Coverage Ratio was 22.53. Debt Coverage Ratio was 3.39.

More on HUT's Balance Sheets

 Market Capitalization (Millions) 870
 Shares Outstanding (Millions) 94
 Total Debt (Millions $) 178
 Revenue (TTM) (Millions $) 75
 Net Income (TTM) (Millions $) 246
 Cash Flow (TTM) (Millions $) -16
 Capital Exp. (TTM) (Millions $) -14
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Hut 8 Corp Earnings