CIFR Q2 2024 Earnings — Cipher Mining Inc. Revenue & Financial Results | Market Cap Arena

CIFRCipher Mining Inc.

$6B

Q2 2024 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$37M+17.9% YoY

Gross Profit

$6M17.0% margin

Operating Income

-$16M-43.9% margin

Net Income

-$15M-41.5% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

-23.5%

Cash Flow

Operating Cash Flow

-$25M

Free Cash Flow

-$65M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$776M

Total Liabilities

$85M

Stockholders' Equity

$691M

Cash & Equivalents

$123M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$31M	+17.9%
Gross Profit	$6M	$3M	+132.2%
Operating Income	-$16M	-$12M	-33.8%
Net Income	-$15M	-$13M	-15.9%