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Hut 8 (HUT) Pre-Tax Income : $267.2 Mil (TTM As of Mar. 2024)


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What is Hut 8 Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Hut 8's pretax income for the three months ended in Mar. 2024 was $262.7 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $267.2 Mil. Hut 8's pretax margin was 80.51%.

During the past 2 years, Hut 8's highest Pretax Margin was 60.57%. The lowest was -33.76%. And the median was -33.76%.


Hut 8 Pre-Tax Income Historical Data

The historical data trend for Hut 8'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.

Hut 8 Pre-Tax Income Chart

Hut 8 Annual Data
Trend Jun21 Jun22
Pre-Tax Income
- -26.73

Hut 8 Quarterly Data
Jun21 Sep21 Dec21 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 Premium Member Only 17.62 -1.37 -4.31 10.10 262.73

Competitive Comparison of Hut 8's Pre-Tax Income

For the Capital Markets subindustry, Hut 8'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.


Hut 8's Pre-Tax Income Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hut 8's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Hut 8's Pre-Tax Income falls into.



Hut 8 Pre-Tax Income Calculation

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

Hut 8's Pretax Income for the fiscal year that ended in Jun. 2022 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=10.486+-30.301+-6.919+0+-3.5527136788005E-15
=-26.7

Hut 8'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
=266.697+2.313+-6.281+0+0
=262.7

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 $267.2 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.


Hut 8  (NAS:HUT) Pre-Tax Income Explanation

Hut 8's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=262.729/326.315
=80.51%

During the past 2 years, Hut 8's highest Pretax Margin was 60.57%. The lowest was -33.76%. And the median was -33.76%.

* 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.


Hut 8 Pre-Tax Income Related Terms

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Hut 8 (HUT) Business Description

Comparable Companies
Traded in Other Exchanges
Address
1101 Brickell Avenue, Suite 1500, Miami, FL, USA, 33131
Hut 8 Corp is harnessing the limitless potential of data by leveraging cutting-edge infrastructure to create value for its customers and shareholders. Led by a seasoned executive team, Hut 8 is bullish on building computing infrastructure that powers Bitcoin mining, traditional data center's, and the dynamic requirements of future technologies like AI and machine learning.

Hut 8 (HUT) Headlines