Cleanspark Inc.
CleanSpark Reports Transformative FY 2025 Results with 102% Revenue Increase and Significant Profit Margin Expansion
Summary
CleanSpark, Inc. announced its fiscal year 2025 financial results, showing a 102% year-over-year increase in revenue to $766.3 million and a net income of $364.5 million, or $1.25 per basic share. Adjusted EBITDA rose to $823.4 million, up from $245.8 million the prior year. The company also reported strong growth in its hashrate, bitcoin holdings, and other financial metrics. The full financial statements and a press release are furnished as Exhibit 99.1.
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About Cleanspark Inc.
Cleanspark Inc. is a technology company primarily focused on providing advanced energy software and control technology solutions. The company's main objective is to help customers achieve energy efficiency and maximize cost savings through its innovative microgrid design and energy analytics. Cleanspark Inc. offers services to a wide range of markets including commercial, industrial, and residential sectors, as well as unique solutions for military and municipal applications. Its solutions empower users to take control of their power needs by integrating multiple power sources, energy storage, and intelligent control systems. As the demand for sustainable and resilient energy solutions increases, Cleanspark Inc. plays a significant role in the transition towards more decentralized and efficient energy systems, aligning with global sustainability trends and energy independence initiatives.
Official SEC Documents
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