Cleanspark, Inc. ( (CLSK) ) has released its Q4 earnings. Here is a breakdown of the information Cleanspark, Inc. presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
CleanSpark, Inc., known as America’s Bitcoin Miner®, is a leading data center developer specializing in bitcoin mining and infrastructure development across the United States, leveraging competitive energy prices to optimize returns.
CleanSpark has reported a transformative fiscal year 2025, achieving significant milestones in revenue and operational capacity. The company recorded a revenue of $766.3 million, marking a 102% increase from the previous year, and achieved a net income of $364.5 million, a substantial turnaround from a net loss in the prior year.
Key financial highlights include a remarkable increase in adjusted EBITDA to $823.4 million from $245.8 million the previous year, reflecting improved operational efficiency. The company also reported a successful $1.15 billion 0% convertible transaction aimed at expanding its power and land portfolio, positioning itself as a future leader in AI infrastructure.
With total assets valued at $3.2 billion and a strong balance sheet, CleanSpark is strategically positioned to capitalize on emerging opportunities in the AI and bitcoin markets. The company’s focus on strategic capital investments and operational excellence underpins its growth trajectory.
Looking ahead, CleanSpark’s management is optimistic about expanding its compute capabilities and replicating its market leadership in new sectors, driven by its expertise in power procurement and infrastructure development.