WULF Q1 2024 Earnings — TeraWulf Inc. Revenue & Financial Results | Market Cap Arena

WULFTeraWulf Inc.

$6B

Q1 2024 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$42M+267.9% YoY

Gross Profit

$28M66.0% margin

Operating Income

-$2M-5.5% margin

Net Income

-$10M-22.7% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+82.2%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

-$24M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$395M

Total Liabilities

$123M

Stockholders' Equity

$272M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$42M	$12M	+267.9%
Gross Profit	$28M	$7M	+329.1%
Operating Income	-$2M	-$9M	+74.9%
Net Income	-$10M	-$26M	+63.4%