WULF Q2 2023 Earnings — TeraWulf Inc. Revenue & Financial Results | Market Cap Arena

WULFTeraWulf Inc.

$6B

Q2 2023 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$15M+1016.0% YoY

Gross Profit

$10M66.9% margin

Operating Income

-$6M-37.8% margin

Net Income

-$18M-113.5% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

+34.0%

Cash Flow

Operating Cash Flow

-$297,000

Free Cash Flow

-$6M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$300M

Total Liabilities

$165M

Stockholders' Equity

$135M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$15M	$1M	+1016.0%
Gross Profit	$10M	$794,000	+1202.6%
Operating Income	-$6M	-$8M	+25.2%
Net Income	-$18M	-$14M	-28.3%