Filing Flows › Cleanspark (CLSK) › Q4 FY24 › vs Q4 FY23
Cleanspark (CLSK) Q4 FY24 vs Q4 FY23 (year over year)
Cleanspark's revenue rose $36.8M (+70%) from $52.5M in Q4 FY23 to $89.3M in Q4 FY24.
Cleanspark, Q4 FY24: revenue $89.3M (+70% year over year), operating margin -73.5%, net loss $62.1M, operating cash flow −$82.7M. The chart draws each line against Q4 FY23, the increases inside each band.
Every line
| Line | Q4 FY24 | Q4 FY23 | Change | % |
|---|---|---|---|---|
| Revenue | $89.3M | $52.5M | $36.8M | +70% |
| Other income, net | $3.4M | −$4.9M | $8.3M | — |
| Income tax benefit | $155K | −$2.4M | $2.6M | — |
| Net loss | $62.1M | $76.4M | −$14.3M | -19% |
| Costs & expenses | $155M | $129M | $26.0M | +20% |
| Operating costs | $155M | $122M | $33.3M | +27% |
| Cost of revenue | $57.1M | $30.4M | $26.7M | +88% |
| General & admin | $10.1M | $7.7M | $2.4M | +31% |
| Other operating costs | $87.6M | $83.5M | $4.1M | +5% |
| Operating cash sources | $141M | $99.7M | $41.7M | +42% |
| Depreciation & amortization | $51.8M | $58.2M | −$6.4M | -11% |
| Share-based compensation | $6.9M | $6.6M | $285K | +4% |
| Cash used in operations | $82.7M | $34.9M | $47.8M | +137% |
| Net loss absorbed | $62.1M | $76.4M | −$14.3M | -19% |
| Working capital & other | $79.3M | $23.3M | $56.0M | +240% |
Questions
How much did Cleanspark's revenue grow year over year in Q4 FY24?
Cleanspark's revenue rose $36.8M (+70%) from $52.5M in Q4 FY23 to $89.3M in Q4 FY24.