CIFR Q3 2024 Earnings — Cipher Mining Inc. Revenue & Financial Results | Market Cap Arena

CIFRCipher Mining Inc.

$6B

Q3 2024 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$24M-20.5% YoY

Gross Profit

-$6M-23.6% margin

Operating Income

-$91M-379.2% margin

Net Income

-$87M-359.9% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

-34.5%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$183M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$775M

Total Liabilities

$103M

Stockholders' Equity

$672M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$24M	$30M	-20.5%
Gross Profit	-$6M	$225,000	-2632.9%
Operating Income	-$91M	-$19M	-378.4%
Net Income	-$87M	-$19M	-365.9%