Mismanagement

HUTHut 8 Corp.

Finance Services

Revenue
$235MFY2022: $74MFY2023: $82MFY2024: $162MFY2025: $235M
45% YoY
Operating margin
-136.9%FY2022: -26.9%FY2023: 11.4%FY2024: 283.6%FY2025: -136.9%
148% YoY
EBITDA
−$220MFY2022: −$8MFY2023: $27MFY2024: $508MFY2025: −$220M
143% YoY
Market cap
—
Employees
—
Net debt / EBITDA
—
$67M net debt
AI in 10-K
—

Red flags 1 of 9

Financials

MetricFY2022FY2023FY2024FY2025YoYTrend
Revenue$74M$82M$162M$235M 45% FY2022: $74MFY2023: $82MFY2024: $162MFY2025: $235M
Operating income−$20M$9M$461M−$322M 170% FY2022: −$20MFY2023: $9MFY2024: $461MFY2025: −$322M
Net income−$32M$22M$331M−$248M 175% FY2022: −$32MFY2023: $22MFY2024: $331MFY2025: −$248M
Operating cash flow−$43M−$22M−$69M−$139M 103% FY2022: −$43MFY2023: −$22MFY2024: −$69MFY2025: −$139M
Stock-based comp$9M$14M$21M$58M 178% FY2022: $9MFY2023: $14MFY2024: $21MFY2025: $58M

Deal filings

None.

13D filers

None on file.

Insider trading

Open-market buys, 12 mo
$0 · 0
Open-market sells, 12 mo
$2M · 2
Net
−$2M

Pay vs performance

YearCEO total compComp actually paidTSR (indexed)Peer TSR
FY2025——437131
FY2024——195110
FY2023——127134