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Hut 8 Mining Corp

Financial Services CA HUT

177.5CAD
-5.63(3.07%)

Last update at 2026-06-04T20:00:00Z

Day Range

167.64181.50
LowHigh

52 Week Range

16.44112.20
LowHigh

Fundamentals

  • Previous Close 183.13
  • Market Cap11607.68M
  • Volume558688
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-214.00000M
  • Revenue TTM235.12M
  • Revenue Per Share TTM2.23
  • Gross Profit TTM 127.34M
  • Diluted EPS TTM-2.93

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Income before tax -305.08275M 451.91M 7.81M -233.22000M -233.22000M
Minority interest 21.85M 0.47M - - -
Net income -230.10786M 331.88M 16.45M -242.81300M -242.81300M
Selling general administrative 122.81M 72.92M 93.15M 42.16M 42.16M
Selling and marketing expenses - - 58.72M - -
Gross profit 25.89M 585.07M 21.17M -24.96700M -24.96700M
Reconciled depreciation 104.51M 49.41M - 19.07M 19.07M
Ebit -88.68985M 481.70M -13.25932M -90.96000M -90.96000M
Ebitda 17.65M 531.11M 1.36M 3.57M 3.57M
Depreciation and amortization 106.34M 49.41M 14.61M 94.53M 94.53M
Non operating income net other - - - - -
Operating income -88.68985M 460.54M -13.25932M -90.96000M -90.96000M
Other operating expenses 327.92M 211.18M 95.06M 226.12M 226.12M
Interest expense 30.60M 29.79M - 7.59M 7.59M
Tax provision -51.83600M 113.46M - -1.19800M -1.19800M
Interest income - - - - -
Net interest income -30.07300M -29.79400M - -27.93500M -27.93500M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -52.74342M 113.46M -0.56822M 9.59M 9.59M
Total revenue 239.23M 671.72M 81.80M 150.68M 150.68M
Total operating expenses 114.58M 91.81M 34.43M 50.47M 50.47M
Cost of revenue 213.35M 86.66M 60.63M 175.65M 175.65M
Total other income expense net -216.39290M -8.62900M 21.07M -142.26000M -142.26000M
Discontinued operations - - - - -
Net income from continuing ops -247.99800M 338.45M - -65.61100M -65.61100M
Net income applicable to common shares - - - -242.81300M -242.81300M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Total assets 3015.09M 1518.86M 976.87M 412.94M 412.94M
Intangible assets 1310.29M 13.27M 22.89M 3.59M 3.59M
Earning assets - - - - -
Other current assets 329.17M 163.74M 29.49M 203.63M 203.63M
Total liab 1328.70M 538.28M 333.87M 55.55M 55.55M
Total stockholder equity 1419.34M 976.67M 643.00M 357.39M 357.39M
Deferred long term liab - - - - -
Other current liab 155.27M 53.48M 37.97M 7.96M 6.93M
Common stock 1.10M 0.99M 1.17M 767.64M 767.64M
Capital stock 1.10M 0.99M - 98.50M 98.50M
Retained earnings 5.47M 231.63M -132.19229M -431.07300M -431.07300M
Other liab - - - 0.21M 0.21M
Good will 209.70M 53.08M 75.94M 11.54M 11.54M
Other assets - - - 27.22M 27.22M
Cash 47.20M 85.04M 40.82M 30.52M 30.52M
Cash and equivalents - - - - -
Total current liabilities 374.90M 153.96M 148.42M 30.13M 30.13M
Current deferred revenue 1.46M 6.20M 3.56M - 1.03M
Net debt 397.60M 260.61M 227.93M 16.90M 16.90M
Short term debt 202.45M 72.44M 87.16M 16.22M 16.22M
Short long term debt 199.93M 64.97M - 1.30M 1.30M
Short long term debt total 444.80M 345.65M 268.75M 47.42M 47.42M
Other stockholder equity 1423.18M 789.60M 759.83M 20.82M -79.80300M
Property plant equipment - - - 124.96M 124.96M
Total current assets 407.44M 256.84M 81.25M 245.62M 245.62M
Long term investments 51.54M 88.39M - 93.58M 93.58M
Net tangible assets - - - 336.25M 336.25M
Short term investments - 132.87M 6.54M 0.85M 203.63M
Net receivables 31.07M 8.06M 4.40M 1.59M 1.59M
Long term debt 210.24M 235.62M - 149.89M 149.89M
Inventory - - 0.00000M 9.89M 9.89M
Accounts payable 15.73M 11.29M 19.73M 5.96M 5.96M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -10.41301M -45.55300M 14.19M - 2.12M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 8.30M 865.00M 512.57M 27.22M 27.22M
Deferred long term asset charges - - - - -
Non current assets total 2607.65M 1262.02M 895.62M 167.31M 167.31M
Capital lease obligations 19.17M 45.06M - 1.34M 1.34M
Long term debt total - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Investments -162.69100M -188.47200M - 25.25M 25.25M
Change to liabilities - - - 4.59M 4.59M
Total cashflows from investing activities -767.40980M -188.47200M - -103.60800M -103.60800M
Net borrowings 85.45M - - -20.95400M -20.95400M
Total cash from financing activities 871.11M 311.95M -33.45064M 99.83M 99.83M
Change to operating activities - - - -2.67500M -2.67500M
Net income -229.38339M 331.41M 8.38M -242.81300M -242.81300M
Change in cash -42.48435M -30.95700M 10.30M -109.61200M -109.61200M
Begin period cash flow 89.69M 30.96M 30.52M 140.13M 140.13M
End period cash flow 47.20M - 40.82M 30.52M 30.52M
Total cash from operating activities -141.66322M -68.53500M -26.48221M -105.03400M -105.03400M
Issuance of capital stock 757.70M 162.53M - 0.00000M 0.00000M
Depreciation 106.34M 49.41M 14.61M 94.53M 94.53M
Other cashflows from investing activities -113.95248M -21.66700M - -0.73300M -0.73300M
Dividends paid - - - - -
Change to inventory - - - - -4.58800M
Change to account receivables -26.09088M -1.79200M -0.86785M 0.09M 0.09M
Sale purchase of stock - - - - -
Other cashflows from financing activities 13.24M 21.33M -58.56761M -4.07500M -4.07500M
Change to netincome - - - -72.62600M -72.62600M
Capital expenditures 220.73M 264.60M 0.82M 72.70M 72.70M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -51.73100M -19.73200M 8.86M 2.00M 2.00M
Stock based compensation 57.80M 20.78M 32.37M 6.91M 6.91M
Other non cash items 88.71M -567.49100M -32.41138M 24.74M 24.74M
Free cash flow -362.38866M -333.13100M -27.29742M -177.73500M -177.73500M

Peer Comparison

Sector: Financial Services Industry: Capital Markets

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
HUT
Hut 8 Mining Corp
-5.63 3.07% 177.50 - 84.75 49.37 6.10 606.29 11.94
MS
Morgan Stanley CDR (CAD Hedged)
1.64 3.85% 44.29 16.96 16.10 4.32 2.90 5.92
SCHW
Charles Schwab CDR (CAD Hedged)
0.18 0.69% 26.21 18.08 15.50 6.58 3.22 6.95
BITF
Bitfarms Ltd
0.11 1.30% 8.60 - 84.03 6.76 3.02 7.90 22.52
CF
Canaccord Genuity Group Inc
0.51 3.96% 13.38 - 10.94 0.65 2.63 0.28 4.93

Reports Covered

Stock Research & News

Profile

Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services. It also engages in the operation of compute infrastructure; and provision, hosting, monitoring, troubleshooting, repair, maintenance, and sale of mining equipment. In addition, the company offers Bitcoin mining; data center and cloud infrastructure services, including colocation services; and ASIC compute, traditional cloud, and AI cloud services. Hut 8 Corp. was founded in 2020 and is based in Miami, Florida.

Hut 8 Mining Corp

1101 Brickell Avenue, Miami, FL, United States, 33131

Key Executives

Name Title Year Born
Mr. Asher Kevin Genoot Co-Founder, CEO, President & Director 1996
Mr. Michael Ho Co-Founder, Chief Strategy Officer & Director 1994
Mr. Sean Glennan Chief Financial Officer NA
Mr. James Beer Senior Vice President of Operations NA
Ms. Suzanne Ennis Head of Investor Relations NA
Mr. Victor Semah Chief Legal Officer 1983
Mr. Asher Kevin Genoot Co-Founder, CEO & Director 1996
Mr. Sean Glennan Chief Financial Officer 1983
Mr. Victor Semah J.D. Chief Legal Officer & Corporate Secretary 1983
Mr. Michael Ho Co-Founder, Chief Strategy Officer & Director 1993

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