Hut 8 Corp Stock Revenue
| HUT Stock | USD 23.48 0.98 4.01% |
Hut 8 Corp fundamentals help investors to digest information that contributes to Hut 8's financial success or failures. It also enables traders to predict the movement of Hut Stock. The fundamental analysis module provides a way to measure Hut 8's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hut 8 stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 81.8 M | 90.9 M |
Hut | Revenue |
Hut 8 Corp Company Revenue Analysis
Hut 8's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Hut 8 Revenue | 81.8 M |
Most of Hut 8's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hut 8 Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Hut
Projected quarterly revenue analysis of Hut 8 Corp provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Hut 8 match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Hut 8's stock price.
Hut Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Hut 8 is extremely important. It helps to project a fair market value of Hut Stock properly, considering its historical fundamentals such as Revenue. Since Hut 8's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hut 8's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hut 8's interrelated accounts and indicators.
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Hut Revenue Historical Pattern
Today, most investors in Hut 8 Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hut 8's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hut 8 revenue as a starting point in their analysis.
Hut 8 Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Hut Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Hut 8 Corp reported 81.8 M of revenue. This is 99.27% lower than that of the Capital Markets sector and 98.42% lower than that of the Financials industry. The revenue for all United States stocks is 99.13% higher than that of the company.
Hut Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hut 8's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hut 8 could also be used in its relative valuation, which is a method of valuing Hut 8 by comparing valuation metrics of similar companies.Hut 8 is currently under evaluation in revenue category among its peers.
Hut 8 Current Valuation Drivers
We derive many important indicators used in calculating different scores of Hut 8 from analyzing Hut 8's financial statements. These drivers represent accounts that assess Hut 8's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Hut 8's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 90.9M | 511.8M | 229.7M | 820.5M | 683.9M | 718.1M | |
| Enterprise Value | 114.0M | 534.7M | 130.2M | 837.4M | 911.8M | 957.4M |
Hut 8 Institutional Holders
Institutional Holdings refers to the ownership stake in Hut 8 that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hut 8's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hut 8's value.| Shares | Your Advocates Ltd., Llp | 2024-09-30 | 2 K | Huntington National Bank | 2024-06-30 | 1.0 | Federation Des Caisses Desjardins Du Quebec | 2024-06-30 | 0.0 | Citadel Advisors Llc | 2024-06-30 | 0.0 |
Hut Fundamentals
| Return On Equity | -1.23 | |||
| Return On Asset | -0.0425 | |||
| Profit Margin | 1.02 % | |||
| Operating Margin | (2.40) % | |||
| Current Valuation | 2.56 B | |||
| Shares Outstanding | 93.39 M | |||
| Shares Owned By Insiders | 58.66 % | |||
| Shares Owned By Institutions | 57.48 % | |||
| Number Of Shares Shorted | 12.73 M | |||
| Price To Earning | 3.08 X | |||
| Price To Book | 3.25 X | |||
| Price To Sales | 11.80 X | |||
| Revenue | 81.8 M | |||
| Gross Profit | (24.97 M) | |||
| EBITDA | 1.36 M | |||
| Net Income | 8.38 M | |||
| Cash And Equivalents | 33.02 M | |||
| Cash Per Share | 0.17 X | |||
| Total Debt | 268.75 M | |||
| Debt To Equity | 0.10 % | |||
| Current Ratio | 9.57 X | |||
| Book Value Per Share | 7.26 X | |||
| Cash Flow From Operations | (26.48 M) | |||
| Short Ratio | 2.65 X | |||
| Earnings Per Share | (0.78) X | |||
| Target Price | 24.95 | |||
| Number Of Employees | 219 | |||
| Beta | 3.45 | |||
| Market Capitalization | 2.23 B | |||
| Total Asset | 976.87 M | |||
| Retained Earnings | (132.19 M) | |||
| Working Capital | 215.49 M | |||
| Net Asset | 976.87 M |
About Hut 8 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hut 8 Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hut 8 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hut 8 Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Hut Stock Analysis
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.