CIFR Q2 2023 Earnings — Cipher Mining Inc. Revenue & Financial Results | Market Cap Arena

CIFRCipher Mining Inc.

$6B

Q2 2023 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$31M

Gross Profit

$3M8.6% margin

Operating Income

-$12M-38.7% margin

Net Income

-$13M-42.3% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

+42.6%

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$30M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$417M

Total Liabilities

$74M

Stockholders' Equity

$343M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31M	$0	—
Gross Profit	$3M	$0	—
Operating Income	-$12M	-$29M	+58.8%
Net Income	-$13M	-$29M	+54.8%