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CleanSpark CLSK Finance Lease Liabilities

Discontinued — last reported Q4 '24

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Other financials

Income statement

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Revenue$191.6M+115%
Gross profit$105.8M+229%
Operating income-$232.4M-194%
Net income-$239.8M-193%
EPS (diluted)-$0.89-214%

Balance sheet

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Cash & equivalents$202.6M+486%
Total debt$709.0K-15.5%
Total equity$761.3M-64.5%
Total assets$2.7B-12.9%

Cash flow

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Operating cash flow-$112.3M-2.2%
CapEx$6.1M-85.7%
Free cash flow-$118.4M+22.3%

Valuation

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Market cap$3.27B+5.9%

Profitability

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Gross margin55.2%-1.1pp
Operating margin41.6%+28.0pp
Net margin47.7%+33.0pp
FCF margin-79%-0.1pp

Returns & leverage

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Return on equity-68.6%-85.7pp
Debt / equity0.0×
Current ratio5.9×+1.5×

Where this comes from

Reported directly by CleanSpark in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityNoncurrent.

The source filing: CleanSpark’s 10-K, filed December 3, 2024.

Filed
Dec 3, 2024
Fiscal year
FY2024
Accession
0000950170-24-132565
Line itemSeptember 30,2024September 30,2023
Total current liabilities$187,887$74,055
Long-term liabilities
Operating lease liability, net of current portion997519
Finance lease liability, net of current portion9
Loans payable, net of current portion7,1768,911
Deferred income taxes5,7612,416
Total liabilities$201,821$85,910
Commitments and contingencies - Note 18

Item 8. Financial Statements and Supplementary Data

FAQ

What is CleanSpark's finance lease liabilities?
CleanSpark (CLSK) reported finance lease liabilities of $0 in Q3 2024.
How has CleanSpark's finance lease liabilities changed year-over-year?
CleanSpark's finance lease liabilities decreased by 100.0% year-over-year, from $9K to $0.
What is the long-term trend for CleanSpark's finance lease liabilities?
Over 3 years (2021 to 2024), CleanSpark's finance lease liabilities has grown at a -100.0% compound annual growth rate (CAGR), from $458.31K to $0.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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