cleanspark inc - CLSK

CLSK

Close Chg Chg %
12.48 -0.12 -0.96%

Closed Market

12.36

-0.12 (0.96%)

Volume: 31.72M

Last Updated:

Dec 17, 2024, 4:00 PM EDT

Company Overview: cleanspark inc - CLSK

CLSK Key Data

Open

$12.48

Day Range

12.14 - 12.88

52 Week Range

6.41 - 24.72

Market Cap

$3.65B

Shares Outstanding

292.56M

Public Float

282.78M

Beta

4.17

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.53

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

42.40M

 

CLSK Performance

1 Week
 
3.83%
 
1 Month
 
-11.05%
 
3 Months
 
38.82%
 
1 Year
 
17.29%
 
5 Years
 
N/A
 

CLSK Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 8
Full Ratings ➔

About cleanspark inc - CLSK

CleanSpark, Inc. is a bitcoin mining technology company, which engages in the management of data centers. Its operations include College Park, Norcross, Washington, Sandersville, Dalton, and Massena. The company was founded by S. Matthew Schultz and Bryan Huber on October 15, 1987 and is headquartered in Henderson, NV.

CLSK At a Glance

CleanSpark, Inc.
10624 South Eastern Avenue
Henderson, Nevada 89052
Phone 1-702-989-7692 Revenue 378.97M
Industry Data Processing Services Net Income -145,777,000.00
Sector Technology Services 2024 Sales Growth 125.03%
Fiscal Year-end 09 / 2025 Employees 270
View SEC Filings

CLSK Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 5.345
Price to Book Ratio 1.437
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA 16.102
Enterprise Value to Sales 4.052
Total Debt to Enterprise Value 0.044

CLSK Efficiency

Revenue/Employee 1,403,585.185
Income Per Employee -539,914.815
Receivables Turnover 2.706
Total Asset Turnover 0.273

CLSK Liquidity

Current Ratio 3.743
Quick Ratio 3.743
Cash Ratio 2.955

CLSK Profitability

Gross Margin -4.025
Operating Margin -15.633
Pretax Margin -37.584
Net Margin -38.467
Return on Assets -10.493
Return on Equity -11.958
Return on Total Capital -7.976
Return on Invested Capital -11.875

CLSK Capital Structure

Total Debt to Total Equity 3.802
Total Debt to Total Capital 3.663
Total Debt to Total Assets 3.364
Long-Term Debt to Equity 0.432
Long-Term Debt to Total Capital 0.416
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Cleanspark Inc - CLSK

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
49.44M 131.52M 168.41M 378.97M
Sales Growth
+392.97% +166.04% +28.04% +125.03%
Cost of Goods Sold (COGS) incl D&A
51.56M 131.20M 260.02M 394.22M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
12.57M 49.16M 120.73M 154.61M
Depreciation
7.72M 47.19M 118.61M 152.47M
Amortization of Intangibles
4.85M 1.96M 2.11M 2.14M
COGS Growth
+193.69% +154.43% +98.19% +51.61%
Gross Income
(2.13M) 325.75K (91.61M) (15.25M)
Gross Income Growth
+71.75% +115.32% -28,223.59% +83.35%
Gross Profit Margin
-4.30% +0.25% -54.40% -4.02%
2021 2022 2023 2024 5-year trend
SG&A Expense
13.56M 16.89M 27.89M 43.99M
Research & Development
- - - -
-
Other SG&A
13.56M 16.89M 27.89M 43.99M
SGA Growth
+78.15% +24.53% +65.12% +57.72%
Other Operating Expense
- - - -
-
Unusual Expense
10.02M 26.15M 8.74M 83.82M
EBIT after Unusual Expense
(25.71M) (42.72M) (128.24M) (143.07M)
Non Operating Income/Expense
4.05M 3.71M (82.00K) 3.09M
Non-Operating Interest Income
221.49K 190.54K 481.00K 8.55M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
154.08K 1.08M 2.98M 2.46M
Interest Expense Growth
-98.53% +599.53% +176.20% -17.53%
Gross Interest Expense
154.08K 1.08M 2.98M 2.46M
Interest Capitalized
- - - -
-
Pretax Income
(21.81M) (40.09M) (131.30M) (142.43M)
Pretax Income Growth
+6.57% -83.80% -227.53% -8.48%
Pretax Margin
-44.12% -30.48% -77.97% -37.58%
Income Tax
- - 857.00K 3.34M
-
Income Tax - Current - Domestic
- - - -
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - 857.00K 3.34M
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(21.81M) (40.09M) (132.16M) (145.78M)
Minority Interest Expense
- - - -
-
Net Income
(21.81M) (40.09M) (132.16M) (145.78M)
Net Income Growth
+6.57% -83.80% -229.66% -10.30%
Net Margin Growth
-44.12% -30.48% -78.48% -38.47%
Extraordinaries & Discontinued Operations
- - (17.24M) (4.43M)
-
Discontinued Operations
- - (17.24M) (4.43M)
-
Net Income After Extraordinaries
(21.81M) (57.33M) (136.59M) (145.78M)
Preferred Dividends
- 177.50K 335.44K 3.42M
Net Income Available to Common
(21.99M) (57.66M) (136.59M) (149.20M)
EPS (Basic)
-0.7469 -1.3531 -1.3299 -0.688
EPS (Basic) Growth
+69.45% -81.16% +1.71% +48.27%
Basic Shares Outstanding
29.44M 42.61M 102.71M 216.86M
EPS (Diluted)
-0.7469 -1.3531 -1.3299 -0.688
EPS (Diluted) Growth
+69.45% -81.16% +1.71% +48.27%
Diluted Shares Outstanding
29.44M 42.61M 102.71M 216.86M
EBITDA
(3.13M) 32.59M 1.22M 95.37M
EBITDA Growth
+74.51% +1,142.89% -96.25% +7,704.09%
EBITDA Margin
-6.32% +24.78% +0.73% +25.16%

Snapshot

Average Recommendation BUY Average Target Price 24.50
Number of Ratings 8 Current Quarters Estimate 0.176
FY Report Date 12 / 2024 Current Year's Estimate 0.311
Last Quarter’s Earnings -0.287 Median PE on CY Estimate N/A
Year Ago Earnings -0.69 Next Fiscal Year Estimate 0.744
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 7 6 6 6
Mean Estimate 0.18 0.04 0.31 0.74
High Estimates 0.81 0.09 1.05 1.28
Low Estimate -0.12 -0.01 -0.07 0.41
Coefficient of Variance 222.70 106.21 131.43 45.52

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 6 6 5
OVERWEIGHT 1 1 1
HOLD 1 1 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Cleanspark Inc - CLSK

Date Name Shares Transaction Value
Sep 13, 2024 Thomas L. Wood Director 137,050 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $9.24 per share 1,266,342.00
Feb 28, 2024 Gary A. Vecchiarelli Chief Financial Officer 580,635 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $20.35 per share 11,815,922.25
Feb 28, 2024 Zachary K. Bradford CEO and President; Director 300,000 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 28, 2024 Zachary K. Bradford CEO and President; Director 3,275,856 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $21 per share 68,792,976.00
Feb 28, 2024 Zachary K. Bradford CEO and President; Director 3,639,756 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $20.35 per share 74,069,034.60
Feb 28, 2024 Zachary K. Bradford CEO and President; Director 3,757,806 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $16.43 per share 61,740,752.58
Feb 28, 2024 Zachary K. Bradford CEO and President; Director 3,875,856 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 28, 2024 Zachary K. Bradford CEO and President; Director 3,575,856 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 28, 2024 Gary A. Vecchiarelli Chief Financial Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 28, 2024 Gary A. Vecchiarelli Chief Financial Officer 200,000 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 28, 2024 Gary A. Vecchiarelli Chief Financial Officer 554,391 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $20.93 per share 11,603,403.63
Feb 28, 2024 S. Matthew Schultz Executive Chairman; Director 2,988,768 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 28, 2024 Gary A. Vecchiarelli Chief Financial Officer 659,335 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $16.43 per share 10,832,874.05
Feb 28, 2024 Gary A. Vecchiarelli Chief Financial Officer 738,035 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 28, 2024 Gary A. Vecchiarelli Chief Financial Officer 538,035 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 28, 2024 S. Matthew Schultz Executive Chairman; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 28, 2024 S. Matthew Schultz Executive Chairman; Director 270,000 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 28, 2024 S. Matthew Schultz Executive Chairman; Director 2,698,768 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $20.95 per share 56,539,189.60
Feb 28, 2024 S. Matthew Schultz Executive Chairman; Director 3,021,168 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $20.35 per share 61,480,768.80
Feb 28, 2024 S. Matthew Schultz Executive Chairman; Director 3,139,968 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $16.43 per share 51,589,674.24

Cleanspark Inc in the News