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KEEL KEEL Miners — Depreciation Expense On Reclassified Assets

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Other financials

Income statement

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Revenue$37.0M-22.4%
Gross profit-$26.3M-9,631%
Operating income-$98.4M-182%
Net income-$145.4M-162%
EPS (diluted)-$0.24-118%

Balance sheet

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Cash & equivalents$357.3M+827%
Total debt$591.0M
Total equity$419.1M-36.6%
Total assets$1.1B

Cash flow

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Operating cash flow-$64.7M-243%
CapEx$10.3M-76.2%
Free cash flow-$75.0M-20.6%

Valuation

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Market cap$3.99B

Profitability

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Gross margin-7.9%-2.8pp
Operating margin-37.8%+2.0pp
Net margin-52%+24.6pp
FCF margin-259.9%+201pp

Returns & leverage

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Return on equity-6.1%-2.5pp
Debt / equity1.4×
Current ratio9.6×

Where this comes from

Reported directly by KEEL in its filing.

Tagged under the XBRL concept us-gaap:DepreciationExpenseOnReclassifiedAssets.

The official record: KEEL’s 10-K, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KEEL's miners — depreciation expense on reclassified assets?
KEEL (KEEL) reported miners — depreciation expense on reclassified assets of $2.06M in Q4 2025.
What does miners — depreciation expense on reclassified assets mean?
This metric captures the depreciation expense specifically attributed to mining assets that have been reclassified or repurposed within the segment. It highlights the impact of asset lifecycle changes on the segment's profitability and accounting treatment. This provides transparency into how shifts in asset utilization affect the overall cost structure of the mining operations.