GREE Q1 2022 Earnings — Greenidge Generation Holdings Inc. Revenue & Financial Results | Market Cap Arena

GREEGreenidge Generation Holdings Inc.

$27M

Q1 2022 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$29M+163.5% YoY

Gross Profit

$17M57.2% margin

Operating Income

$1M4.2% margin

Net Income

-$429,000-1.5% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-34.2%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

-$65M

Stock-Based Comp.

$362,000

Balance Sheet

Total Assets

$431M

Total Liabilities

$215M

Stockholders' Equity

$216M

Cash & Equivalents

$96M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$29M	$11M	+163.5%
Gross Profit	$17M	$6M	+157.3%
Operating Income	$1M	$2M	-35.6%
Net Income	-$429,000	$1M	-133.5%

Revenue Segments

Cryptocurrency Mining

$23M62%

Service, Other

$9M23%

Power And Capacity

$6M16%