CLSKCLEANSPARK, INC.
Finance Services
- Revenue
- $766M
- 102% YoY
- Operating margin
- 41.6%
- 206% YoY
- EBITDA
- $667M
- 11889% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 2.4×
- $1.6B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashFired-126% of net incomeCash flow under 80% of net income
- Dilutive SBCClear6% of revenueOver 10% of revenue
- Payouts exceed cash flowClear-31% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear5% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $39M | $132M | $168M | $379M | $766M | 102% |
| Operating income | −$12M | −$38M | −$131M | −$149M | $319M | 314% |
| Net income | −$22M | −$57M | −$138M | −$146M | $364M | 350% |
| Operating cash flow | −$24M | $73M | −$17M | −$234M | −$461M | 97% |
| Capex | $139M | $19M | $61M | $66M | $145M | 119% |
| Stock-based comp | $9M | $31M | $24M | $30M | $45M | 53% |
| Buybacks | — | — | $0 | $0 | $145M |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $435K · 4
- Net
- −$435K
Pay vs performance
No pay-versus-performance disclosure yet.