GREE Q1 2024 Earnings — Greenidge Generation Holdings Inc. Revenue & Financial Results | Market Cap Arena

GREEGreenidge Generation Holdings Inc.

$27M

Q1 2024 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$19M+27.6% YoY

Gross Profit

$7M36.3% margin

Operating Income

-$2M-8.9% margin

Net Income

-$4M-20.4% margin

EPS (Diluted)

$-0.42

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$6M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$75M

Total Liabilities

$121M

Stockholders' Equity

-$47M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19M	$15M	+27.6%
Gross Profit	$7M	$5M	+29.4%
Operating Income	-$2M	-$6M	+69.6%
Net Income	-$4M	-$8M	+51.7%

Revenue Segments

Cryptocurrency Mining

$7M70%

Power And Capacity

$3M30%