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Other financials

Income statement

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Revenue$44.8M-6.0%
Gross profit$32.4M+26.7%
Operating income-$140.5M-801%
Net income-$939.9M-5,017%
EPS (diluted)-$1.94-3,780%

Balance sheet

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Cash & equivalents$3.0B+3,213%
Total debt$23.6M-94.6%
Total equity$147.3M-15.5%
Total assets$8.0B+826%

Cash flow

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Operating cash flow-$136.7M-149%
CapEx$855.6M+613%
Free cash flow-$992.3M-468%

Valuation

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Market cap$8.95B+346%
Enterprise value$5.95B+153%
P/S54.2×+40.3×

Profitability

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Gross margin69.3%+25.4pp
Operating margin-250.4%-719pp
Net margin-1,179.9%-1,288pp
FCF margin-1,515.9%-2,047pp

Returns & leverage

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Return on equity-1,212.1%-1,263pp
Debt / equity0.2×-2.4×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by TeraWulf in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The source filing: TeraWulf’s 10-Q, filed November 13, 2023.

Filed
Nov 13, 2023, 4:21 PM EST
Fiscal quarter
Q3 FY2023
Calendar quarter
Q3 2023
Accession
0001083301-23-000054
Line itemThree Months Ended September 30, 2023Three Months Ended September 30, 2022Nine Months Ended September 30, 2023Nine Months Ended September 30, 2022
Cost of operations:
Operating expenses4422611,2181,689
Operating expenses – related party7796032,015812
Selling, general and administrative expenses5,7675,93418,13716,253
Selling, general and administrative expenses – related party4,5192,94810,0938,187
Depreciation8,2241,51520,0851,719
Realized gain on sale of digital currency(697)(127)(1,883)(127)
Impairment of digital currency9221192,231682

ITEM 1. Financial Statements

FAQ

What is TeraWulf's SG&A?
TeraWulf (WULF) reported SG&A of $5.77M in Q3 2023.
How has TeraWulf's SG&A changed year-over-year?
TeraWulf's SG&A decreased by 2.8% year-over-year, from $5.93M to $5.77M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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