For more information about the Company, please visit the Company's website at. Quarter-over-quarter increase in revenue of nearly 1300%.Įxponential hashrate increase of zero to 1.3 EH/s in under a year.ĬleanSpark, Inc., a Nevada corporation, is a sustainable bitcoin mining and energy technology company that is solving modern energy challenges. Substantial real estate and energy acquisitions, including Norcross, GA, data center (20MW) and College Park, GA, data center (45MW+).
Operational Highlights – Year ended September 30, 2021 Working capital of $47.7 million as of September 30, 2021, compared to $2.9 million as of September 30, 2020, for an increase of $44.8 million. Total Stockholders’ Equity: $305.7 million Total deposits for future mining equipment: $88.0 million Revenues for the three months ended September 30, 2021, were $27.1 million, an increase of $25.15 million, or nearly 1300%, from $1.95 million for the same prior year period.īalance Sheet Highlights as of September 30, 2021īook Value of Digital Currency: $23.6 million, or 627 bitcoins (fair market value $27.5 million) Net loss for the 12 months ended Septemwas ($21.8) million, or ($0.75) loss per share, compared to a loss of ($23.3) million, or ($2.44) loss per share, for the same prior year period, an improvement of $1.70 per share.Īdjusted EBITDA, a non-GAAP term, for the year ended Septemwas $9.0 million, or $0.31 gain per share, compared to ($10.2) million, or ($1.07) loss per share, for the same prior year period. Revenues for the year ended Septemwere $49.4 million, an increase of $39.4 million, or 400%, from $10.0 million for the same prior year period.
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