WULF Q2 2024 Earnings — TeraWulf Inc. Revenue & Financial Results | Market Cap Arena

WULFTeraWulf Inc.

$6B

Q2 2024 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$36M+130.2% YoY

Gross Profit

$22M60.9% margin

Operating Income

-$7M-19.0% margin

Net Income

-$11M-30.6% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

-16.2%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

-$30M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$480M

Total Liabilities

$93M

Stockholders' Equity

$386M

Cash & Equivalents

$104M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$15M	+130.2%
Gross Profit	$22M	$10M	+109.4%
Operating Income	-$7M	-$6M	-15.7%
Net Income	-$11M	-$18M	+38.0%