Hut 8 (MEX:HUT1) Gross-Profit-to-Asset % : -28.01% (As of Mar. 2025)

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What is Hut 8 Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Hut 8's annualized Gross Profit for the quarter that ended in Mar. 2025 was MXN-8,939 Mil. Hut 8's average Total Assets over the quarter that ended in Mar. 2025 was MXN31,917 Mil. Therefore, Hut 8's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 was -28.01%.

Hut 8 Gross-Profit-to-Asset % Historical Data

The historical data trend for Hut 8's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hut 8 Gross-Profit-to-Asset % Chart

Hut 8 Annual Data

Trend

Jun21

Jun22

Jun23

Dec24

Gross-Profit-to-Asset %

37.12

18.27

69.86

Hut 8 Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Gross-Profit-to-Asset %	Get a 7-Day Free Trial											135.78	-23.00	9.33	99.99	-28.01

Competitive Comparison of Hut 8's Gross-Profit-to-Asset %

For the Capital Markets subindustry, Hut 8's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hut 8's Gross-Profit-to-Asset % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hut 8's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Hut 8's Gross-Profit-to-Asset % falls into.

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Hut 8 Gross-Profit-to-Asset % Calculation

Hut 8's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2024 )	/	( (Total Assets (A: Jun. 2023 )	+	Total Assets (A: Dec. 2024 ))	/ count )
	=	12201.982	/	( (3257.29	+	31676.888)	/ 2 )
	=	12201.982	/	17467.089
	=	69.86 %

Hut 8's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2025 )	/	( (Total Assets (Q: Dec. 2024 )	+	Total Assets (Q: Mar. 2025 ))	/ count )
	=	-8939.252	/	( (31676.888	+	32157.897)	/ 2 )
	=	-8939.252	/	31917.3925
	=	-28.01 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2025) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Hut 8 Gross-Profit-to-Asset % Related Terms

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Hut 8 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hut 8 Corp (MEX:HUT1) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

HUT:USA V71:Germany HUT:Canada

Address

1101 Brickell Avenue, Suite 1500, Miami, FL, USA, 33131

Website

https://www.hut8.com

Hut 8 Corp is an energy infrastructure operator and Bitcoin miner with self-mining, hosting, managed services, and traditional data center operations across North America. The company has four reportable business segments: Power, Digital Infrastructure, Compute, and Other. It derives maximum revenue from the Compute segment which consists of Bitcoin Mining, GPU-as-a-Service, and Data Center Cloud operations. Its geographical segments include the United States and Canada, of which it generates the majority of revenue from the United States.

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