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Hut 8 (MEX:HUT1) Pre-Tax Income : MXN3,234 Mil (TTM As of Sep. 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 Sep. 2024 was MXN27 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was MXN3,234 Mil. Hut 8's pretax margin was 3.23%.

During the past 2 years, Hut 8's highest Pretax Margin was 50.11%. 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
- -537.84

Hut 8 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -75.13 171.44 4,360.32 -1,325.02 26.80

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
=210.957+-609.596+-139.196+0+0
=-538

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

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-39.637+222.737+-156.302+0+-3.5527136788005E-15
=27

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN3,234 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  (MEX:HUT1) Pre-Tax Income Explanation

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

Pretax Margin=Pretax Income/Revenue
=26.798/830.596
=3.23%

During the past 2 years, Hut 8's highest Pretax Margin was 50.11%. 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 Business Description

Traded in Other Exchanges
Address
1101 Brickell Avenue, Suite 1500, Miami, FL, USA, 33131
Hut 8 Corp is engaged in the mining of digital assets with an operational focus on utilizing specialized equipment to solve complex computational problems to validate transactions on the Bitcoin blockchain and receiving Bitcoin in return for successful services. The company has four reportable business segments: Digital Assets Mining, Managed Services, High Performance Computing -Colocation and Cloud, and Other. It derives maximum revenue from Digital Assets Mining segment.

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