Cleanspark (Cleanspark) Net Margin %

: 35.11% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Cleanspark's Net Income for the three months ended in Dec. 2023 was $25.9 Mil. Cleanspark's Revenue for the three months ended in Dec. 2023 was $73.8 Mil. Therefore, Cleanspark's net margin for the quarter that ended in Dec. 2023 was 35.11%.

The historical rank and industry rank for Cleanspark's Net Margin % or its related term are showing as below:

CLSK' s Net Margin % Range Over the Past 10 Years
Min: -8118.48 Med: -576.15 Max: -38.01
Current: -38.01

CLSK's Net Margin % is ranked worse than
85.2% of 777 companies
in the Capital Markets industry
Industry Median: 13.33 vs CLSK: -38.01

Cleanspark Net Margin % Historical Data

The historical data trend for Cleanspark's Net Margin % 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.

* Premium members only.

Cleanspark Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Net Margin %

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-576.15

-232.78

-55.52

-42.75

-80.46

Cleanspark Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-106.33	-43.39	-31.33	-140.98	35.11

Competitive Comparison

For the Capital Markets subindustry, Cleanspark's Net Margin %, along with its competitors' market caps and Net Margin % 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.

Cleanspark Net Margin % Distribution

For the Capital Markets industry and Financial Services sector, Cleanspark's Net Margin % distribution charts can be found below:

* The bar in red indicates where Cleanspark's Net Margin % falls into.

Cleanspark Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Cleanspark's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	-136.589	/	169.765
	=	-80.46 %

Cleanspark's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	25.909	/	73.786
	=	35.11 %

Cleanspark (NAS:CLSK) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Cleanspark Net Margin % Related Terms

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Cleanspark (Cleanspark) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cleanspark Inc (NAS:CLSK) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

CLSK:Mexico 3UX:Germany 3UX:Germany

Address

2370 Corporate Circle, Suite 160, Henderson, NV, USA, 89074

Website

https://www.cleanspark.com

Cleanspark Inc is a bitcoin mining company. Through CleanSpark, Inc., and the Company's wholly owned subsidiaries, the company mines bitcoin. The company entered the bitcoin mining industry through its acquisition of ATL. Bitcoin mining is the sole reportable segment of the company.

Executives

Larry Mcneill	director	1185 SOUTH 1800 WEST, SUITE 3, WOODS CROSS UT 84087
Gary Anthony Vecchiarelli	officer: Chief Financial Officer	6980 OBANNON DRIVE, LAS VEGAS NV 89117
Roger Paul Beynon	director	P.O. BOX 1268, BOUNTIFUL UT 84011
Thomas Leigh Wood	director	70 NORTH MAIN STREET, SUITE 105, BOUNTIFUL UT 84010
Amanda Cavaleri	director	2370 CORPORATE CIRCLE, SUITE 160, HENDERSON NV 89074
Zachary Bradford	director, officer: CEO and President	2391 SOUTH 1560 WEST, WOODS CROSS UT 84087
S. Matthew Schultz	director, officer: Executive Chairman	2391 SOUTH 1560 WEST, WOODS CROSS UT 84087
Amer Tadayon	officer: Chief Revenue Officer	1185 S. 1800 WEST, SUITE 3, WOODS CROSS UT 84087
Lori Love	officer: Chief Financial Officer	70 NORTH MAIN STREET, SUITE 105, BOUNTIFUL UT 84010
Anthony M Vastola	officer: Chief Strategy Officer	70 NORTH MAIN STREET, STE. 105, BOUNTIFUL UT 84010
Amanda Kabak	officer: Chief Technology Officer	70 NORTH MAIN STREET, SUITE 105, BOUNTIFUL UT 84010
Brian Huber	director, officer: Chief Operating Officer	70 NORTH MAIN STREET, STE. 105, BOUNTIFUL UT 84010
Michael Gary Barrett	officer: COO	2391 SOUTH 1560 WEST, WOODS CROSS UT 84087
Bruce Lybbert	director, 10 percent owner, officer: Officer	2391 SOUTH 1560 WEST, WOODS CROSS UT 84087
Burkeley J Priest	director, officer: Pres, Sec, Treas & Director	PO BOX 573633, MURRAY UT 84157