Hut Historical Income Statement
| HUT Stock | USD 19.78 1.45 6.83% |
Historical analysis of Hut 8 income statement accounts such as Selling General Administrative of 76.6 M or Other Operating Expenses of 221.7 M can show how well Hut 8 Corp performed in making a profits. Evaluating Hut 8 income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hut 8's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Hut 8 Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hut 8 Corp is a good buy for the upcoming year.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hut 8 Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. About Hut Income Statement Analysis
Hut 8 Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hut 8 shareholders. The income statement also shows Hut investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Hut 8 Income Statement Chart
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Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Hut 8's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hut 8 Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hut 8 Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, Hut 8's Net Income is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 119.1 M in 2025, whereas Cost Of Revenue is likely to drop slightly above 85.7 M in 2025.
| 2022 | 2024 | 2025 (projected) | Reconciled Depreciation | 94.5M | 49.4M | 45.0M | Interest Income | 922K | 1.1M | 848.7K |
Hut 8 income statement Correlations
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Hut 8 Account Relationship Matchups
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Hut 8 income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 4.7M | 26.0M | 94.5M | 14.6M | 49.4M | 24.8M | |
| Interest Expense | 4.8M | 2.4M | 1.4M | 7.6M | 29.8M | 31.3M | |
| Selling General Administrative | 2.6M | 29.6M | 42.2M | 93.1M | 72.9M | 76.6M | |
| Other Operating Expenses | 64.4M | 125.2M | 226.1M | 95.1M | 211.2M | 221.7M | |
| Operating Income | (7.1M) | 48.7M | (91.0M) | (13.3M) | 460.5M | 483.6M | |
| Ebit | (7.1M) | 48.7M | (91.0M) | (13.3M) | 481.7M | 505.8M | |
| Ebitda | (2.4M) | 74.7M | 3.6M | 1.4M | 531.1M | 557.7M | |
| Total Operating Expenses | 2.6M | 40.3M | 50.5M | 34.4M | 91.8M | 96.4M | |
| Income Before Tax | 4.0M | (67.1M) | (233.2M) | 7.8M | 451.9M | 474.5M | |
| Total Other Income Expense Net | 11.1M | (115.8M) | (142.3M) | 21.1M | (8.6M) | (9.1M) | |
| Net Income | (19.3M) | (40.9M) | (242.8M) | 16.5M | 331.9M | 348.5M | |
| Income Tax Expense | (15.0M) | 5.6M | 9.6M | (568.2K) | 113.5M | 119.1M | |
| Total Revenue | 40.7M | 173.8M | 150.7M | 81.8M | 671.7M | 705.3M | |
| Net Income From Continuing Ops | 19.0M | (72.7M) | (242.8M) | (69.4M) | 338.5M | 355.4M | |
| Gross Profit | (21.1M) | 88.8M | (25.0M) | 21.2M | 585.1M | 614.3M | |
| Cost Of Revenue | 61.8M | 85.0M | 175.6M | 60.6M | 86.7M | 85.7M | |
| Net Income Applicable To Common Shares | 2.1M | 19.0M | (72.7M) | (242.8M) | (218.5M) | (207.6M) | |
| Net Interest Income | (2.4M) | 1.5M | (6.7M) | (29.6M) | (29.8M) | (28.3M) | |
| Interest Income | 41.2K | 8.3K | 2.9M | 922K | 1.1M | 848.7K | |
| Reconciled Depreciation | 21.3M | 23.3M | 94.5M | 17.7M | 49.4M | 45.0M |
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When running Hut 8's price analysis, check to measure Hut 8's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.