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Cipher Mining (Cipher Mining) Pre-Tax Income : $29.8 Mil (TTM As of Mar. 2024)


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What is Cipher Mining Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Cipher Mining's pretax income for the three months ended in Mar. 2024 was $45.5 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $29.8 Mil. Cipher Mining's pretax margin was 94.45%.

During the past 3 years, Cipher Mining's highest Pretax Margin was 19.46%. The lowest was -1225.32%. And the median was -621.42%.


Cipher Mining Pre-Tax Income Historical Data

The historical data trend for Cipher Mining's Pre-Tax Income 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.

Cipher Mining Pre-Tax Income Chart

Cipher Mining Annual Data
Trend Jan21 Dec22 Dec23
Pre-Tax Income
- -37.21 -22.21

Cipher Mining Quarterly Data
Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -4.48 -12.09 -18.81 15.22 45.46

Competitive Comparison of Cipher Mining's Pre-Tax Income

For the Capital Markets subindustry, Cipher Mining's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Cipher Mining's Pre-Tax Income Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cipher Mining's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Cipher Mining's Pre-Tax Income falls into.



Cipher Mining Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Cipher Mining's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-55.459+35.084+-1.999+0.164+0
=-22.2

Cipher Mining's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.867+46.945+-0.4+0.786+0
=45.5

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $29.8 Mil.

* 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.


Cipher Mining  (NAS:CIFR) Pre-Tax Income Explanation

Cipher Mining's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=45.464/48.137
=94.45%

During the past 3 years, Cipher Mining's highest Pretax Margin was 19.46%. The lowest was -1225.32%. And the median was -621.42%.

* 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.


Cipher Mining Pre-Tax Income Related Terms

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Cipher Mining (Cipher Mining) Business Description

Traded in Other Exchanges
Address
1 Vanderbilt Avenue, Floor 54, Suite C, New York, NY, USA, 10017
Cipher Mining Inc ia an emerging technology company that operates in the Bitcoin mining ecosystem in the United States. The company is developing a cryptocurrency mining business, specializing in Bitcoin.
Executives
Bitfury Top Holdco B.v. 10 percent owner STRAWINSKYLAAN 3051, AMSTERDAM, NOORD-HOLLAND P7 1077 ZX
Patrick Arthur Kelly officer: Chief Operating Officer C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
William Iwaschuk officer: Chief Legal Officer C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Cary M Grossman director
Robert Flatley director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Tyler Page director, officer: Chief Executive Officer C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, RYE NY 10017
Dykes Robert R B director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
James E Newsome director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Bitfury Group Ltd 10 percent owner STRAWINSKYLAAN 3051, AMSTERDAM, NOORD-HOLLAND P7 1077 ZX
Bitfury Holding B.v. 10 percent owner STRAWINSKYLAAN 3051, AMSTERDAM, NOORD-HOLLAND P7 1077 ZX
V3 Holding Ltd 10 percent owner C/O CIPHER MINING INC., 222 PURCHASE STREET, SUITE #290, RYE NY 10580
Valerijis Vavilovs 10 percent owner C/O CIPHER MINING INC., 222 PURCHASE STREET, SUITE #290, RYE NY 10580
Holly Morrow Evans director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Caitlin Long director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Wesley Hastie Williams director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017