WULFTeraWulf Inc.

$6B

Q1 2022 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$217,000-92.9% YoY

Gross Profit

$185,00085.3% margin

Operating Income

-$9M-4224.4% margin

Net Income

-$18M-8379.3% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

-67.9%

Cash Flow

Operating Cash Flow

-$22M

Free Cash Flow

-$54M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$273M

Total Liabilities

$152M

Stockholders' Equity

$121M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$217,000	$3M	-92.9%
Gross Profit	$185,000	$996,332	-81.4%
Operating Income	-$9M	-$322,181	-2745.3%
Net Income	-$18M	-$321,639	-5553.2%

WULF Q1 2022 Earnings — TeraWulf Inc. Revenue & Financial Results | Market Cap Arena