WULF Q1 2023 Earnings — TeraWulf Inc. Revenue & Financial Results | Market Cap Arena

WULFTeraWulf Inc.

$6B

Q1 2023 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$12M+5214.7% YoY

Gross Profit

$7M56.6% margin

Operating Income

-$9M-80.0% margin

Net Income

-$26M-227.7% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+20.5%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$19M

Stock-Based Comp.

$876,000

Balance Sheet

Total Assets

$317M

Total Liabilities

$170M

Stockholders' Equity

$146M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12M	$217,000	+5214.7%
Gross Profit	$7M	$185,000	+3430.3%
Operating Income	-$9M	-$9M	-0.6%
Net Income	-$26M	-$18M	-44.4%