CIFR Q1 2023 Earnings — Cipher Mining Inc. Revenue & Financial Results | Market Cap Arena

CIFRCipher Mining Inc.

$6B

Q1 2023 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$22M

Gross Profit

$2M8.3% margin

Operating Income

-$4M-18.8% margin

Net Income

-$5M-20.8% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+620.9%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

-$8M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$413M

Total Liabilities

$68M

Stockholders' Equity

$345M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22M	$0	—
Gross Profit	$2M	$0	—
Operating Income	-$4M	-$18M	+76.5%
Net Income	-$5M	-$17M	+74.0%