CleanSpark Inc

Company Profile

CleanSpark Inc had its IPO on 2016-01-29 under the ticker symbol CLSK.

The company operates in the Financial Services sector and Capital Markets industry. CleanSpark Inc has a staff strength of 121 employees.

Stock update

Shares of CleanSpark Inc opened at $4.35 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $4.31 - $4.68, and closed at $4.32.

This is a +3.1% increase from the previous day's closing price.

A total volume of 8,431,925 shares were traded at the close of the day’s session.

In the last one week, shares of CleanSpark Inc have slipped by -5.47%.

CleanSpark Inc's Key Ratios

CleanSpark Inc has a market cap of $459.76 million, indicating a price to book ratio of 0.3628 and a price to sales ratio of 0.8956.

In the last 12-months CleanSpark Inc’s revenue was $127.57 million with a gross profit of $90.29 million and an EBITDA of $-12748047. The EBITDA ratio measures CleanSpark Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, CleanSpark Inc’s operating margin was -66.31% while its return on assets stood at -11.06% with a return of equity of -24.33%.

In Q1, CleanSpark Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 14.4%.

CleanSpark Inc’s PE and PEG Ratio

Forward PE

21.3675

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-1.85 per share while it has a forward price to earnings multiple of 21.3675 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into CleanSpark Inc’s profitability.

CleanSpark Inc stock is trading at a EV to sales ratio of 1.0393 and a EV to EBITDA ratio of 4.6752. Its price to sales ratio in the trailing 12-months stood at 0.8956.

CleanSpark Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$531.55 million

Total Liabilities

$41.28 million

Operating Cash Flow

$-54575000.00

Capital Expenditure

$16.82 million

Dividend Payout Ratio

0%

CleanSpark Inc ended 2024 with $531.55 million in total assets and $0 in total liabilities. Its intangible assets were valued at $531.55 million while shareholder equity stood at $473.88 million.

CleanSpark Inc ended 2024 with $0 in deferred long-term liabilities, $41.28 million in other current liabilities, 97000.00 in common stock, $-243545000.00 in retained earnings and $8.04 million in goodwill. Its cash balance stood at $10.35 million and cash and short-term investments were $16.28 million. The company’s total short-term debt was $7,583,000 while long-term debt stood at $10.37 million.

CleanSpark Inc’s total current assets stands at $32.91 million while long-term investments were $0 and short-term investments were $5.94 million. Its net receivables were $47000.00 compared to accounts payable of $31.33 million and inventory worth $746000.00.

In 2024, CleanSpark Inc's operating cash flow was $-54575000.00 while its capital expenditure stood at $16.82 million.

Comparatively, CleanSpark Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$4.32

52-Week High

$6.84

52-Week Low

$1.74

Analyst Target Price

$8

CleanSpark Inc stock is currently trading at $4.32 per share. It touched a 52-week high of $6.84 and a 52-week low of $6.84. Analysts tracking the stock have a 12-month average target price of $8.

Its 50-day moving average was $5.59 and 200-day moving average was $3.76 The short ratio stood at 1.04 indicating a short percent outstanding of 0%.

Around 438.7% of the company’s stock are held by insiders while 3309.6% are held by institutions.