Hut8
Hut 8 Mining - Global Cryptocurrency Mining Leadership.
Launch date
Employees
Market cap
$1.0b
Enterprise valuation
$1.2b (Public information from Sep 2024)
Share price
CAD15 HUT.TO
Toronto Ontario (HQ)
Financials
Estimates*
| CAD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 49.4m | 82.0m | 40.7m | 174m | 101m | 112m | 118m |
| % growth | (67 %) | 66 % | (50 %) | 327 % | (42 %) | 11 % | 5 % |
| EBITDA | (88.8m) | 30.4m | (2.4m) | 74.7m | 23.2m | 24.1m | - |
| % EBITDA margin | (180 %) | 37 % | (6 %) | 43 % | 23 % | 22 % | - |
| Profit | (137m) | 2.1m | 19.0m | (72.7m) | (43.4m) | (89.5m) | - |
| % profit margin | (277 %) | 3 % | 47 % | (42 %) | (43 %) | (80 %) | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | N/A | IPO | |
* | $8.3m | Private Placement non VC | |
* | N/A | Merger | |
* | $50.0m | Post IPO Debt | |
* | $15.0m | Post IPO Debt | |
* | $150m | Post IPO Convertible | |
| Total Funding | - | ||
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