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HUT

Hut 8 Mining Corp

$2.84

Earnings Summary

Revenue
$53.33Mn
Net Profits
$55.71Mn
Net Profit Margins
104.45%

Highlights

Revenue:

Hut 8 Mining Corp’s revenue jumped 64.03% since last year same period to $53.33Mn in the Q1 2022. On a quarterly growth basis, Hut 8 Mining Corp has generated -7.89% fall in its revenue since last 3-months.

Net Profits:

Hut 8 Mining Corp’s net profit jumped 56.82% since last year same period to $55.71Mn in the Q1 2022. On a quarterly growth basis, Hut 8 Mining Corp has generated 150.11% jump in its net profits since last 3-months.

Net Profit Margins:

Hut 8 Mining Corp’s net profit margin fell -4.4% since last year same period to 104.45% in the Q1 2022. On a quarterly growth basis, Hut 8 Mining Corp has generated 154.4% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Hut 8 Mining Corp post its latest quarter earnings

EPS Estimate Current Quarter
0.06
EPS Estimate Current Year
0.06

Highlights

EPS Estimate Current Quarter:

Hut 8 Mining Corp’s earning per share (EPS) estimates for the current quarter stand at 0.06 - a -50% fall from last quarter’s estimates.

EPS Estimate Current Year:

Hut 8 Mining Corp’s earning per share (EPS) estimates for the current year stand at 0.06.

Key Ratios

Key ratios of the Hut 8 Mining Corp post its Q1 2022 earnings

Earning Per Share (EPS)
0.31
Return on Assets (ROA)
-0.11
Return on Equity (ROE)
-0.28
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Hut 8 Mining Corp’s earning per share (EPS) jumped 10.71% since last year same period to 0.31 in the Q1 2022. This indicates that the Hut 8 Mining Corp has generated 10.71% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Hut 8 Mining Corp’s return on assets (ROA) stands at -0.11.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Hut 8 Mining Corp’s return on equity (ROE) stands at -0.28.

Dividend Per Share (DPS):

Hut 8 Mining Corp declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-31
0.06
0.31
416.67%

Company Information

Organisation
Hut 8 Mining Corp
Headquarters
Toronto, Ontario, Canada
Employees
2.02K
CEO
Andrew Kiguel