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Hut 8 Mining Corp. HUT High Performance Computing Colocation And Cloud — Non-Current Assets

Discontinued — last reported Q3 '24

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APLDHPC hosting segment — Total Assets
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APLDHPC hosting segment — Total capital expenditures
$11.64M
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APLDHPC Hosting Business — Total Assets
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APLDHPC Hosting Business — CapEx
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APLDHPC hosting segment — Revenue from Contract with Customer, Excluding Assessed Tax
$0
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APLDHPC hosting segment — D&A
$1.35M+635%

Other financials

Income statement

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Revenue$71.0M+226%
Gross profit$45.5M+1,341%
Operating income-$370.4M-151%
Net income-$219.8M-64.2%
EPS (diluted)-$1.98-52.3%

Balance sheet

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Cash & equivalents$160.0M+47.6%
Total debt$18.2M-65.3%
Total equity$1.4B+43.7%
Total assets$2.6B+66.0%

Cash flow

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Operating cash flow-$27.2M+19.6%
CapEx$36.6M-42.2%
Free cash flow-$63.8M+34.3%

Valuation

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Market cap$14.01B+331%
Enterprise value$13.87B+340%
P/S49.3×+24.7×

Profitability

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Gross margin59.7%+17.9pp
Operating margin-191.6%-226pp
Net margin-109.8%-256pp
FCF margin-108.6%-32.4pp

Returns & leverage

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Return on equity-26.7%-38.4pp
Debt / equity0.0×
Current ratio0.9×-0.4×

Where this comes from

Reported directly by Hut 8 Mining Corp. in its filing.

Tagged under the XBRL concept us-gaap:NoncurrentAssets.

The official record: Hut 8 Mining Corp.’s 10-Q, filed November 13, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hut 8 Mining Corp.'s high performance computing colocation and cloud — non-current assets?
Hut 8 Mining Corp. (HUT) reported high performance computing colocation and cloud — non-current assets of $25.48M in Q3 2024.
What does high performance computing colocation and cloud — non-current assets mean?
The total value of long-term infrastructure and equipment assets used specifically for the high-performance computing and cloud business.
How do you interpret high performance computing colocation and cloud — non-current assets?
An increase suggests capital expansion and investment in future capacity, while a decrease may indicate asset depreciation, divestment, or a shift in strategic focus.
How does high performance computing colocation and cloud — non-current assets compare across companies?
Comparable to 'Property, Plant, and Equipment' or 'Segment-Specific Long-Term Assets' in data center and managed service companies.