CleanSpark Inc ( CLSK ) reported financial results for fiscal 2025 after the market close on Tuesday. Here’s a look at the key details from the print.
CLSK shares are trending higher. Get the inside scoop here.
Highlights: CleanSpark ( CLSK ) reported fiscal 2025 revenue of $766.3 million, up from $379 million on a year-over-year basis, according to Benzinga Pro. The Bitcoin (CRYPTO: BTC) mining company reported full-year earnings of $1.25 per share, improved from a loss of 69 cents per share in the prior year.
Total revenue was up 102.2% year-over-year. Adjusted EBITDA increased to $823.4 million from $245.8 million a year ago.
CleanSpark ( CLSK ) said it had $43 million in cash and $1.2 billion in Bitcoin as of Sept. 30. The company also announced $1.15 billion in financing earlier this month to expand its power and land portfolio.
“We are evolving into a comprehensive compute platform that is prepared to optimize value from both AI and bitcoin workloads. Our deep expertise in power procurement, infrastructure development, and efficient scaling gives us a unique advantage in meeting surging global demand for compute,” said Matt Schultz, chairman and CEO of CleanSpark ( CLSK ).
CleanSpark ( CLSK ) executives will further discuss the company’s financial results on an earnings call at 4:30 p.m. ET
CLSK Price Action: CleanSpark ( CLSK ) shares were up 0.34% in Tuesday's after-hours session, trading at $11.86 at the time of publication, per Benzinga Pro.
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