Hut Historical Income Statement
| HUT Stock | USD 21.10 0.28 1.34% |
Historical analysis of Hut 8 income statement accounts such as Selling General Administrative of 112.5 M or Other Operating Expenses of 63.7 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.
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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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Operating Income
Operating Income is the amount of profit realized from Hut 8 Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hut 8 Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Hut 8 income statement and is an important metric when analyzing Hut 8 Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Cost Of Revenue
Cost of Revenue is found on Hut 8 Corp income statement and represents the costs associated with goods and services Hut 8 provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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 Cost Of Revenue is comparatively stable compared to the past year.
| 2022 | 2023 | 2024 | 2025 (projected) | Reconciled Depreciation | 94.5M | 17.7M | 20.4M | 19.4M | Cost Of Revenue | 175.6M | 60.6M | 69.7M | 98.2M |
Hut 8 income statement Correlations
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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 | 16.8M | 24.2M | |
| Interest Expense | 2.4M | 1.4M | 7.6M | 29.6M | 34.1M | 35.8M | |
| Selling General Administrative | 2.6M | 29.6M | 42.2M | 93.1M | 107.1M | 112.5M | |
| Other Operating Expenses | 64.4M | 125.2M | 226.1M | 95.1M | 109.3M | 63.7M | |
| Operating Income | (7.1M) | 48.7M | (91.0M) | (13.3M) | (11.9M) | (12.5M) | |
| Ebit | (7.1M) | 48.7M | (91.0M) | (13.3M) | (11.9M) | (12.5M) | |
| Ebitda | (2.4M) | 74.7M | 3.6M | 1.4M | 1.6M | 1.5M | |
| Total Operating Expenses | 2.6M | 40.3M | 50.5M | 34.4M | 39.6M | 41.6M | |
| Income Before Tax | 4.0M | (67.1M) | (233.2M) | 7.8M | 7.0M | 7.4M | |
| Total Other Income Expense Net | 11.1M | (115.8M) | (142.3M) | 21.1M | 19.0M | 19.9M | |
| Net Income | 19.0M | (72.7M) | (242.8M) | 8.4M | 7.5M | 7.9M | |
| Total Revenue | 40.7M | 173.8M | 150.7M | 81.8M | 94.1M | 90.9M | |
| Net Income From Continuing Ops | 19.0M | (72.7M) | (242.8M) | (69.4M) | (62.5M) | (65.6M) | |
| Net Income Applicable To Common Shares | 2.1M | 19.0M | (72.7M) | (242.8M) | (218.5M) | (207.6M) | |
| Income Tax Expense | (15.0M) | 5.6M | 9.6M | (568.2K) | (653.5K) | (686.1K) | |
| Net Interest Income | (2.4M) | 1.5M | (6.7M) | (29.6M) | (26.7M) | (25.3M) | |
| Interest Income | 41.2K | 8.3K | 2.9M | 922K | 1.1M | 848.7K | |
| Gross Profit | (21.1M) | 88.8M | (25.0M) | 21.2M | 24.3M | 25.6M | |
| Cost Of Revenue | 61.8M | 85.0M | 175.6M | 60.6M | 69.7M | 98.2M | |
| Reconciled Depreciation | 21.3M | 23.3M | 94.5M | 17.7M | 20.4M | 19.4M |
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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.