MARA Q2 2022 Earnings — Marathon Digital Holdings, Inc. Revenue & Financial Results | Market Cap Arena

MARAMarathon Digital Holdings, Inc.

$3B

Q2 2022 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$25M-15.0% YoY

Gross Profit

-$16M-66.1% margin

Operating Income

-$198M-795.1% margin

Net Income

-$213M-853.1% margin

EPS (Diluted)

$-1.94

QoQ Revenue Growth

-51.8%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$22M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$850M

Stockholders' Equity

$659M

Cash & Equivalents

$86M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$29M	-15.0%
Gross Profit	-$16M	$22M	-173.8%
Operating Income	-$198M	-$110M	-79.7%
Net Income	-$213M	-$109M	-95.3%