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Hyperscale Data
(NYSE MKT:GPUS)
Hyperscale Data (GPUS) vs. SPDR S&P 500 ETF (SPY)
Hyperscale Data Business Overview & Revenue Model
Hyperscale Data Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 103.93M | 106.66M | 156.44M | 117.64M | 52.40M | 23.87M |
| Gross Profit | 14.47M | 24.22M | 31.06M | 50.68M | 28.54M | 7.51M |
| EBITDA | -39.23M | -18.07M | -173.14M | -134.66M | -17.58M | -19.86M |
| Net Income | -64.13M | -56.20M | -231.03M | -181.82M | -23.25M | -29.41M |
Balance Sheet | ||||||
| Total Assets | 218.55M | 220.77M | 299.19M | 561.51M | 490.29M | 75.64M |
| Cash, Cash Equivalents and Short-Term Investments | 24.06M | 25.35M | 12.05M | 17.03M | 59.13M | 21.24M |
| Total Debt | 120.32M | 120.30M | 61.14M | 91.39M | 100.41M | 9.46M |
| Total Liabilities | 211.76M | 218.68M | 240.29M | 337.53M | 145.11M | 26.51M |
| Stockholders Equity | 6.31M | 8.64M | 44.72M | 206.49M | 226.84M | 48.31M |
Cash Flow | ||||||
| Free Cash Flow | -19.98M | -24.24M | -14.09M | -72.82M | -213.66M | -11.76M |
| Operating Cash Flow | -13.15M | -19.41M | -5.43M | 26.49M | -61.67M | -11.18M |
| Investing Cash Flow | 3.75M | 3.19M | -29.52M | -158.64M | -333.45M | -7.78M |
| Financing Cash Flow | 17.52M | 25.85M | 37.04M | 124.11M | 397.94M | 37.28M |
Hyperscale Data Technical Analysis
Hyperscale Data Risk Analysis
Hyperscale Data Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $1.94B | ― | -22.54% | ― | 9.52% | 24.27% | |
71 Outperform | ¥258.28B | 14.57 | 8.48% | 2.82% | 6.30% | 11.95% | |
47 Neutral | $743.64M | ― | -42.87% | ― | 102.32% | 13.67% | |
45 Neutral | $15.92M | ― | -203.32% | ― | -41.22% | 99.86% | |
44 Neutral | $30.03M | ― | -109.05% | ― | -18.70% | 84.35% | |
40 Underperform | $10.48M | ― | 688.16% | ― | -46.28% | 93.33% | |
25 Underperform | $594.57M | ― | 115.25% | ― | ― | 23.26% |
Hyperscale Data Corporate Events
On July 31, 2025, Hyperscale Data, Inc. entered into a Securities Purchase Agreement with Ault & Company, Inc. for up to $100 million in financing through the sale of Series H Convertible Preferred Stock. This financing aims to support infrastructure upgrades for high-performance computing services and repay outstanding debts. The transaction, subject to regulatory and stockholder approval, underscores Ault & Company’s confidence in Hyperscale Data’s market value and strategic direction.
On July 24, 2025, Hyperscale Data, Inc. converted shares of its Class B common stock to Class A common stock, and between July 25 and July 31, 2025, it issued over 2.8 million shares of Class A Common Stock through conversions of Series B Convertible Preferred Stock and a convertible note. These transactions, exempt from registration under the Securities Act of 1933, resulted in a total of 25,353,782 shares of Class A Common Stock outstanding as of July 31, 2025, potentially impacting the company’s market liquidity and shareholder structure.
Between July 16, 2025, and July 22, 2025, Hyperscale Data, Inc. issued a total of 620,000 shares of Class A Common Stock by converting $527,511 of an outstanding convertible note. Additionally, the company issued 2,325,000 shares of Class A Common Stock from the conversion of 1,735.88 shares of Series B Convertible Preferred Stock and 2,874 shares from the conversion of Class B Common Stock. These transactions were conducted under exemptions from the registration requirements of the Securities Act of 1933. As of July 23, 2025, Hyperscale Data had 22,262,757 shares of Class A Common Stock outstanding.
Between July 10 and July 15, 2025, Hyperscale Data, Inc. issued a total of 2,525,000 shares of Class A Common Stock through various conversions and exemptions under the Securities Act of 1933. Additionally, on July 16, 2025, the company announced cash dividends for its Series D and Series E Cumulative Redeemable Perpetual Preferred Stock, with record and payment dates set for July 31 and August 11, 2025, respectively. These actions reflect the company’s ongoing financial maneuvers and strategic focus on shareholder returns, potentially impacting its market positioning and stakeholder interests.
Between July 2, 2025, and July 8, 2025, Hyperscale Data, Inc. issued a total of 1,117,133 shares of Class A Common Stock through the conversion of Series B Convertible Preferred Stock and an additional 183 shares from Class B Common Stock. On July 9, 2025, the company further issued 427,565 shares of Class A Common Stock by converting an outstanding note, bringing the total outstanding shares to 16,689,864. These transactions were conducted under exemptions from registration requirements, potentially impacting the company’s stock liquidity and shareholder structure.
Hyperscale Data, Inc. issued a total of 8,533,626 shares of Class A Common Stock between June 23, 2025, and July 1, 2025. This issuance was a result of converting outstanding convertible notes and preferred stock, leveraging exemptions from registration requirements under the Securities Act of 1933. As of July 1, 2025, the company had 15,144,926 shares of Class A Common Stock outstanding.
Between June 16 and June 20, 2025, Hyperscale Data, Inc. issued a total of 1,401,422 shares of Class A Common Stock following the conversion of 2,016.07 shares of Series B Convertible Preferred Stock. Additionally, the company issued 1,811,216 shares of Class A Common Stock upon converting $2,996,479 of outstanding convertible notes. These transactions were conducted under exemptions from registration requirements of the Securities Act of 1933. As of June 20, 2025, the company had 6,611,290 shares of Class A Common Stock outstanding.
On June 18, 2025, Hyperscale Data announced cash dividends for its Series D and Series E Cumulative Redeemable Perpetual Preferred Stock, with record dates set for June 30, 2025, and payment on July 10, 2025. This announcement underscores Hyperscale Data’s commitment to providing returns to its investors while it transitions to focus on high-performance computing services, following the planned divestiture of Ault Capital Group by the end of 2025.
On June 16, 2025, Milton C. Ault, III, Executive Chairman of Hyperscale Data, announced his resignation upon the planned divestiture of the company’s subsidiary, Ault Capital Group, expected by December 31, 2025. This leadership change supports Hyperscale’s strategic shift towards becoming a pure-play AI infrastructure company, with CEO William Horne set to assume the role of Chairman to guide the company’s focus on AI-centric data centers, enhancing its market positioning and potential value for stakeholders.
Between June 5 and June 12, 2025, Hyperscale Data, Inc. issued a total of 205,000 shares of Class A Common Stock through the conversion of Series B Convertible Preferred Stock and Class B Common Stock. Additionally, 145,000 shares were issued upon conversion of an outstanding convertible note. These transactions were conducted under exemptions from registration requirements of the Securities Act of 1933. As of June 12, 2025, the company had 3,151,372 shares of Class A Common Stock outstanding.
On June 9, 2025, Sentinum, a subsidiary of Hyperscale Data, entered into a Hosting Services Agreement with a data center hosting company to support its Bitcoin mining operations. The agreement includes access to 20 megawatts of energy capacity and allows for energy curtailment during high demand periods, with profits from energy sales split between Sentinum and the service provider. This move is expected to enhance Sentinum’s Bitcoin mining capabilities and capitalize on the rising price of Bitcoin, reflecting positively on Hyperscale Data’s operational strategy and market positioning.
On June 6, 2025, Hyperscale Data, Inc. entered into a settlement agreement with its defense affiliate Gresham Worldwide, Inc. and Gresham’s senior secured lenders as part of Gresham’s Chapter 11 bankruptcy proceedings. Subject to court approval, Gresham is expected to emerge from bankruptcy as a subsidiary of Hyperscale Data by October 1, 2025. This development is projected to add approximately $40 million in annualized revenue to Hyperscale Data, prompting the company to update its 2025 revenue guidance to $125–$135 million. The reconsolidation of Gresham Worldwide is anticipated to significantly enhance Hyperscale Data’s financial performance and operational momentum.
On February 25, 2025, Hyperscale Data, Inc. entered into an amended forbearance agreement with an institutional investor, issuing a $3.5 million convertible promissory note that matured on May 15, 2025. The maturity date was later extended to June 30, 2025. Additionally, between May 22 and June 3, 2025, the company issued 573,416 shares of Class A Common Stock upon conversion of Series B Convertible Preferred Stock, resulting in a total of 2,801,001 shares of Class A Common Stock outstanding as of June 3, 2025.
On May 20, 2025, Hyperscale Data announced cash dividends for its Series D and Series E Preferred Stock, with payment scheduled for June 10, 2025. The Series E dividend includes a previously deferred payment, underscoring the company’s commitment to consistent dividends and demonstrating its creditworthiness.
On May 19, 2025, Hyperscale Data, Inc. held a Special Meeting of Stockholders where seven proposals were approved, all related to the conversion of preferred stock and various notes into Class A Common Stock. This strategic move aims to streamline the company’s capital structure and potentially enhance its market position by increasing the liquidity of its shares, which could have significant implications for its stakeholders.