CleanSpark

CleanSpark, Inc. is a Bitcoin mining and energy technology company, which engages in the provision of solutions to modern energy challenge and an advanced energy software and control technology. The company was founded by S. Matthew Schultz on October 15, 1987 and is headquartered in Henderson, NV.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CleanSpark reports record bitcoin production but faces net loss

CleanSpark demonstrated strong bitcoin production growth but faced a net loss due to market conditions. The company's focus on proprietary mining, energy management, and efficiency positions it well for future growth. By exploring strategic expansion, technology adoption, and potential acquisitions, CleanSpark aims to enhance its competitive edge.

CleanSpark reports strong Q2 earnings, poised for growth and efficiency

CleanSpark's Q2 2023 earnings call showcased robust financial performance, operational advancements, and strategic positioning for growth in the cryptocurrency mining sector.
While facing challenges in sustaining growth momentum and managing operational complexities, the company's strong balance sheet and focus on efficiency offer a solid foundation.
Opportunities lie in expanding hash rate capacity, optimizing infrastructure, and leveraging financial strength for strategic initiatives and market diversification.
Overall, CleanSpark's performance, strengths, and proactive approach to challenges position them well to capitalize on opportunities and navigate the evolving cryptocurrency landscape.

CleanSpark excels in Q3 with strong revenue growth and Bitcoin strategy

CleanSpark's Q3 performance reflects strong revenue growth, improved margins, and enhanced EBITDA, driven by strategic Bitcoin management and operational efficiency.
The company's strengths lie in its financial stability, mining capacity expansion, and commitment to innovation through data center expansions and immersion cooling technology.
While facing challenges in risk management, efficiency optimization, and regulatory uncertainties, CleanSpark is well-positioned to leverage opportunities in market dynamics and technology advancements.

CleanSpark reports record revenue and efficiency gains, eyes strategic growth

CleanSpark's strong financial performance, strategic acquisitions, and focus on efficiency position them well for future growth and expansion.
Challenges lie in improving energy efficiency, executing expansion plans, and navigating potential mergers and acquisitions.
Opportunities abound in enhancing efficiency, exploring M&A for market value maximization, and expanding mining capacity to reach targets.

CleanSpark reports stellar Q1 results, eyes Bitcoin halving opportunities

CleanSpark delivered impressive financial performance, operational achievements, and strategic initiatives in Q1 2024, reflecting strong growth momentum
The company's strengths lie in its robust financial position, operational resilience, and technological capabilities, positioning it well for future success
While facing challenges such as post-halving price impact and market uncertainties, CleanSpark can leverage opportunities in Bitcoin adoption and mining industry growth for sustained growth

CleanSpark achieves record revenue and EBITDA, poised for growth

CleanSpark's Q2 2024 performance reflects robust growth in revenue and EBITDA, driven by bitcoin production and strategic initiatives. The company's strong financial position, expansion into Wyoming, and M&A strategy position it well for future growth and industry consolidation.

CleanSpark exceeds $100M revenue, strengthens mining capabilities with acquisitions

CleanSpark delivered strong financial performance in Q3 2024, surpassing $100 million in revenue and showcasing operational efficiency and market leadership.
While facing a net loss driven by non-cash items, the company's balance sheet remains robust, supported by a significant Bitcoin holding and strategic partnerships.
To sustain profitability, CleanSpark needs to address challenges related to the net loss and focus on optimizing operational costs and mining efficiency while capitalizing on growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CleanSpark, Inc. is a bitcoin mining technology company, which engages in the management of data centers. Its operations include College Park, Norcross, Washington, Sandersville, Dalton, and Massena. The company was founded by S. Matthew Schultz and Bryan Huber on October 15, 1987 and is headquartered in Henderson, NV.

LAS VEGAS, April 10, 2023 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced that CEO and President Zach Bradford, Executive Chairman Matthew Schultz, and Chief Financial Officer Gary Vecchiarelli will meet with investors and present at two conferences this spring to discuss capital strategy, the evolution of sustainable bitcoin mining, and how bitcoin can incentivize energy development.

CleanSpark Announces Participation at Upcoming Investor Conferences this Spring

Company mines 598 bitcoin in the month; Ends the first quarter of the calendar year with 1,871 bitcoin mined, up 22% from the prior quarter; 50MW Washington expansion on schedule Company mines 598 bitcoin in the month; Ends the first quarter of the calendar year with 1,871 bitcoin mined, up 22% from the prior quarter; 50MW Washington expansion on schedule

CleanSpark Releases March 2023 Bitcoin Mining Update

CXApp Inc

Generation Bio

Ferroglobe

PLBY Group

Proterra

SoundHound AI Inc

T2 Biosystems

Virios Therapeutics

Virgin Orbit Holdings

Penny stocks to watch this week under $5 The post Best Penny Stocks To Buy Now? 10 To Watch Under $5 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Best Penny Stocks To Buy Now? 10 To Watch Under $5

Penny stocks to watch under $5 this week. The post Penny Stocks To Buy Under $5?

Penny Stocks To Buy Under $5? 7 To Watch This Week

The inaugural report highlights the Company's sustainability efforts, such as the use of clean energy and environmentally-friendly technologies like immersion cooling The inaugural report highlights the Company's sustainability efforts, such as the use of clean energy and environmentally-friendly technologies like immersion cooling

CleanSpark Releases ESG and Corporate Responsibility Report

Penny Stocks Under $5 To Watch Right Now. The post Penny Stocks To Buy Under $5?

Penny Stocks To Buy Under $5? 3 To Watch This Week

Company mines 576 bitcoin in the year's shortest month; hits new efficiency milestone of 30.6 watts per terahash Company mines 576 bitcoin in the year's shortest month; hits new efficiency milestone of 30.6 watts per terahash

CleanSpark Releases February 2023 Bitcoin Mining Update

Latest Purchase Expected to Expand Company's Bitcoin Production Capacity by 37%, Adding 2.44 Exahashes per Second (EH/s) Once Installed; Total Number of Machines Purchased During the Bear Market Now Exceeds 46,500 Latest Purchase Expected to Expand Company's Bitcoin Production Capacity by 37%, Adding 2.44 Exahashes per Second (EH/s) Once Installed; Total Number of Machines Purchased During the Bear Market Now Exceeds 46,500

CleanSpark Announces Purchase of 20,000 New Latest Generation Mining Machines

CleanSpark, Inc. (NASDAQ:CLSK ) Q1 2023 Earnings Conference Call February 9, 2023 4:30 PM ET Company Participants Isaac Holyoak - Chief Communications Officer Zach Bradford - CEO Gary Vecchiarelli - CFO Conference Call Participants Mike Colonnese - H.C. Wainwright Josh Siegler - Cantor Fitzgerald Greg Lewis - BTIG Brian Dobson - Chardan Capital Markets Operator Good afternoon.

CleanSpark, Inc. (CLSK) Q1 2023 Earnings Call Transcript

First quarter revenue of $27.8 million, net GAAP loss of $(29.0) million and Adjusted EBITDA of ($1.4) million; Mined 1,531 Bitcoin, a 132% increase over same prior year period LAS VEGAS , Feb. 9, 2023 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended December 31, 2022. We believe we are one of the most reliable, efficient, and fastest growing public bitcoin miners in North America.

CleanSpark Reports First Quarter FY2023 Financial Results

Company mines a record 697 bitcoins for the month, up 50% from prior month and 129% from same prior year period; Company's bitcoin holdings grow 32% Company mines a record 697 bitcoins for the month, up 50% from prior month and 129% from same prior year period; Company's bitcoin holdings grow 32%

CleanSpark Releases January 2023 Bitcoin Mining Update

An earlier version of this press announcement incorrectly listed the day of CleanSpark's upcoming earnings call as Wednesday, February 9; the correct day is Thursday, February 9 An earlier version of this press announcement incorrectly listed the day of CleanSpark's upcoming earnings call as Wednesday, February 9; the correct day is Thursday, February 9

CORRECTION: CleanSpark Executives to Discuss Fiscal First Quarter 2023 Financial Results via Webcast

LAS VEGAS, Jan. 30, 2023 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, will discuss fiscal first quarter 2023 financial results via a live webcast beginning 4:30 p.m. EST / 1:30 p.m. PST on Wednesday, February 9, 2023. Results will be released after the close of regular trading on February 9, 2023.

CleanSpark Executives to Discuss Fiscal First Quarter 2023 Financial Results Via Webcast

Philadelphia, Pennsylvania--(Newsfile Corp. - January 19, 2023) - A securities fraud class action alleging wrongdoing committed by certain CleanSpark Officers and Directors has survived a motion to dismiss the complaint. The underlying complaint alleged that during the Class Period, Defendants shifted CleanSpark's business model from alternative energy and software to mining Bitcoin.

CleanSpark, Inc. (CLSK) Securities Fraud Class Action Survives Motion to Dismiss

The nearly $16M expansion, with projected completion in late spring, will hold up to 16,000 miners and cements CleanSpark's position among North America's top bitcoin miners; Once completed, the Company's hashrate is expected to reach as high as 8.7 EH/s The nearly $16M expansion, with projected completion in late spring, will hold up to 16,000 miners and cements CleanSpark's position among North America's top bitcoin miners; Once completed, the Company's hashrate is expected to reach as high as 8.7 EH/s

CleanSpark Breaks Ground on 50 Megawatt Bitcoin Mining Expansion

Philadelphia, Pennsylvania--(Newsfile Corp. - January 12, 2023) - A securities fraud class action alleging wrongdoing committed by certain CleanSpark (NASDAQ: CLSK) Officers and Directors has survived a motion to dismiss the complaint.CleanSpark shareholders who have continuously held company stock since before December 10, 2020, can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, if appropriate, at no cost to them whatsoever.

Shareholder Alert: CleanSpark, Inc. (CLSK) Securities Fraud Class Action Survives Motion to Dismiss

The recognition comes on the heels of an anonymous companywide employee survey The recognition comes on the heels of an anonymous companywide employee survey

CleanSpark Earns 2022 Great Place to Work Certification

New York, New York--(Newsfile Corp. - January 9, 2023) - Moore Kuehn, PLLC, a securities law firm located on Wall Street, is investigating whether certain officers and directors of CleanSpark, Inc. (NASDAQ: CLSK) breached their fiduciary duties to shareholders.

Moore Kuehn, PLLC Encourages Investors of CleanSpark, Inc. to Contact Law Firm

Company hits new daily production high of 22 bitcoin; Mines a record 4,621 bitcoin for calendar year 2022, up 200% from the prior calendar year Company hits new daily production high of 22 bitcoin; Mines a record 4,621 bitcoin for calendar year 2022, up 200% from the prior calendar year

CleanSpark Releases December 2022 Bitcoin Mining Update

The Company's hashrate has tripled this year; this latest achievement means it has met its updated 2022 guidance The Company's hashrate has tripled this year; this latest achievement means it has met its updated 2022 guidance

CleanSpark Surpasses Revised Year End Hashrate of 6 EH/s

CleanSpark, Inc. (NASDAQ:CLSK ) Q4 2022 Results Conference Call December 14, 2022 4:30 PM ET Company Participants Isaac Holyoak - Chief Communications Officer Zach Bradford - CEO Gary Vecchiarelli - CFO Conference Call Participants Mike Colonnese - H.C. Wainwright Josh Siegler - Cantor Fitzgerald Brian Dobson - Jardine Capital Markets Greg Lewis - BTIG Operator Good afternoon.

CleanSpark, Inc. (CLSK) Q4 2022 Earnings Call Transcript

2022 Revenue of $131.5 million, net loss of $(57.3) million and Adjusted EBITDA of $65.7 million Q4 revenue of $26.2 million, net loss of $(42.3) million and Adjusted EBITDA of $2.9 million Current hashrate surpasses 5.8 EH/s and daily mining high reaches 21.7 BTC LAS VEGAS , Dec. 14, 2022 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three and twelve months ended September 30, 2022. CleanSpark surpasses 5.8EH/s and 21.7 bitcoin per day.

CleanSpark Reports Fourth Quarter and Year End FY2022 Financial Results

Company meets yearend hashrate guidance early with high of 5.5 EH/s, up over 320% from this time last year (November 2021) Company meets yearend hashrate guidance early with high of 5.5 EH/s, up over 320% from this time last year (November 2021)

CleanSpark Releases November 2022 Bitcoin Mining Update

Cavaleri, board chair of the non-profit Bitcoin Today Coalition, brings extensive advocacy and policy experience to CleanSpark's board of directors Cavaleri, board chair of the non-profit Bitcoin Today Coalition, brings extensive advocacy and policy experience to CleanSpark's board of directors

CleanSpark Expands Board of Directors with Appointment of Bitcoin Policy Expert Amanda Cavaleri

LAS VEGAS, Nov. 30, 2022 (GLOBE NEWSWIRE) -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, will discuss fiscal full year and fourth quarter 2022 financial results via a live webcast beginning 4:30 p.m. EST / 1:30 p.m. PST on Wednesday, December 14, 2022. Results will be released after the close of regular trading on December 14, 2022.

News for CleanSpark Stock (CLSK)