A Business at a Glance
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Hut 8 Corp. operates in the Finance Services industry, Financials sector. Full business description from SEC filing not yet available.
| Metric | TTM | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue | 235M | 235M | - | 82M |
| Net Income | -226M | -226M | 332M | -66M |
| EPS | $-2.14 | $-2.14 | $3.40 | $-7.90 |
| Free Cash Flow | -492M | -492M | -193M | -30M |
| ROIC | -16.1% | -17.0% | 27.4% | -10.7% |
| Gross Margin | 54.2% | 54.2% | - | 47.5% |
| Debt/Equity | 0.14 | 0.14 | 0.31 | 0.39 |
| Dividends/Share | $0.00 | - | - | - |
| Operating Income | -322M | -322M | 461M | -69M |
| Operating Margin | -136.9% | -136.9% | - | -83.6% |
| ROE | -15.9% | -18.9% | 34.0% | -13.5% |
| Shares Outstanding | 106M | 106M | 98M | 21M |
| Metric | 2023 | |||
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | 82M | N/A | 235M | 235M |
| Gross Margin | 47.5% | N/A | 54.2% | 54.2% |
| R&D | N/A | N/A | N/A | N/A |
| SG&A | 27M | 73M | 123M | 123M |
| EBIT | -69M | 461M | -322M | -322M |
| Op. Margin | -83.6% | N/A | -136.9% | -136.9% |
| Net Income | -66M | 332M | -226M | -226M |
| Net Margin | -79.9% | N/A | -96.2% | -96.2% |
| Non-Recurring | -445K | 5.1M | -4.6M | -4.6M |
| Returns on Capital | ||||
| ROIC | -10.7% | 27.4% | -17.0% | -16.1% |
| ROE | -13.5% | 34.0% | -18.9% | -15.9% |
| ROA | -8.9% | 21.9% | -10.6% | -8.2% |
| Cash Flow | ||||
| Op. Cash Flow | -29M | -69M | -139M | -139M |
| Free Cash Flow | -30M | -193M | -492M | -492M |
| Owner Earnings | -53M | -137M | -299M | -299M |
| CapEx | 386K | 124M | 353M | 353M |
| Maint. CapEx | 19M | 48M | 102M | 102M |
| Growth CapEx | 0 | 76M | 251M | 251M |
| D&A | 19M | 48M | 102M | 102M |
| CapEx/OCF | N/A | N/A | N/A | 0.0% |
| Capital Allocation | ||||
| Dividends Paid | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | 4.6M | 21M | 58M | 58M |
| Debt Repayment | 20M | 34M | 46M | 46M |
| Balance Sheet | ||||
| Net Debt | 127M | 135M | 115M | 160M |
| Cash & Equiv. | 31M | 85M | 45M | 45M |
| Long-Term Debt | 123M | 236M | 200M | 200M |
| Debt/Equity | 0.39 | 0.31 | 0.14 | 0.14 |
| Interest Coverage | -2.5 | 15.5 | -10.7 | -10.7 |
| Equity | 488M | 977M | 1.4B | 1.4B |
| Total Assets | 741M | 1.5B | 2.8B | 2.8B |
| Total Liabilities | 253M | 538M | 1.1B | 1.1B |
| Intangibles | 17M | 13M | 11M | 11M |
| Retained Earnings | -100M | 232M | 5.5M | 5.5M |
| Working Capital | N/A | N/A | N/A | N/A |
| Current Assets | N/A | N/A | N/A | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A |
| Per Share Data | ||||
| EPS | -7.90 | 3.40 | -2.14 | -2.14 |
| Owner EPS | -2.54 | -1.40 | -2.83 | -2.83 |
| Book Value | 23.48 | 10.01 | 13.46 | 13.46 |
| Cash Flow/Share | -1.41 | -0.70 | -1.32 | -1.18 |
| Dividends/Share | N/A | N/A | N/A | 0.00 |
| Shares Out. | 20.8M | 97.6M | 105.7M | 105.7M |
| Valuation | ||||
| P/E Ratio | N/A | 6.6 | N/A | -32.6 |
| P/FCF | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | 4.5 | N/A | N/A |
| Price/Book | 3.4 | 2.2 | 3.7 | 5.2 |
| Price/Sales | 13.7 | N/A | 11.5 | 31.4 |
| FCF Yield | -1.8% | -8.8% | -9.4% | -6.7% |
| Market Cap | 1.7B | 2.2B | 5.2B | 7.4B |
| Avg. Price | 10.83 | 13.03 | 25.63 | 69.76 |
| Year-End Price | 16.13 | 22.32 | 49.64 | 69.76 |
Hut 8 Corp. passes 2 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 50.8%. At current prices, the estimated annualized return to fair value is -3.9%.
Hut 8 Corp. (HUT) has a 5-year average return on invested capital (ROIC) of -0.1%. This is below average and may indicate limited pricing power.
Hut 8 Corp. (HUT) has a market capitalization of $7.4B. It is classified as a mid-cap stock.
Hut 8 Corp. (HUT) does not currently pay a regular dividend.
Hut 8 Corp. (HUT) operates in the Finance Services industry, within the Financials sector.
Hut 8 Corp. (HUT) reported annual revenue of $235 million in its most recent fiscal year, based on SEC EDGAR filings.
Hut 8 Corp. (HUT) has a net profit margin of -96.2%. The company is currently unprofitable.
Hut 8 Corp. (HUT) generated $-492 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Hut 8 Corp. (HUT) has a debt-to-equity ratio of 0.14. This indicates a conservatively financed balance sheet.
Hut 8 Corp. (HUT) reported earnings per share (EPS) of $-2.14 in its most recent fiscal year.
Hut 8 Corp. (HUT) has a return on equity (ROE) of -18.9%. A negative ROE may indicate losses or negative equity.
Hut 8 Corp. (HUT) has a 5-year average gross margin of 50.8%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 3 years of financial data for Hut 8 Corp. (HUT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Hut 8 Corp. (HUT) has a book value per share of $13.46, based on its most recent annual SEC filing.