CLSK - Cleanspark Inc Stock Price, Fair Value and News

19.25USD-0.29 (-1.48%)Market Closed

Market Summary

USD19.25-0.29

Market Closed

-1.48%

CLSK Alerts

2 major insider sales recently.

CLSK Stock Price

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CLSK RSI Chart

CLSK Valuation

Market Cap

3.9B

Price/Earnings (Trailing)

-47.4

Price/Sales (Trailing)

18.05

EV/EBITDA

65.76

Price/Free Cashflow

-51.23

CLSK Price/Sales (Trailing)

CLSK Profitability

Operating Margin

52.39%

EBT Margin

-35.34%

Return on Equity

-10.07%

Return on Assets

-9.46%

Free Cashflow Yield

-1.95%

CLSK Fundamentals

CLSK Revenue

Revenue (TTM)

214.4M

Rev. Growth (Yr)

165.24%

Rev. Growth (Qtr)

40.49%

CLSK Earnings

Earnings (TTM)

-81.6M

Earnings Growth (Yr)

189.25%

Earnings Growth (Qtr)

134.6%

Breaking Down CLSK Revenue

52 Week Range

19.61

(Low)(High)

Last 7 days

20.3%

Last 30 days

-15.8%

Last 90 days

143.7%

Trailing 12 Months

411.0%

How does CLSK drawdown profile look like?

CLSK Financial Health

Current Ratio

4.29

CLSK Investor Care

Shares Dilution (1Y)

153.95%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	127.6M	142.1M	168.4M	214.4M
2022	104.3M	126.3M	131.5M	122.2M
2021	15.8M	21.4M	40.3M	75.2M
2020	8.2M	10.4M	10.0M	11.3M
2019	1.4M	2.3M	4.5M	5.2M
2018	687.6K	807.4K	927.2K	1.0M
2017	1.2M	817.4K	448.0K	567.8K
2016	0	0	1.9M	1.6M
2014	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Cleanspark Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 27, 2024	schultz s. matthew	sold	-8,466,690	23.07	-367,000	executive chairman
Mar 21, 2024	bradford zachary	sold	-8,997,330	20.31	-443,000	ceo and president
Feb 27, 2024	bradford zachary	sold	-7,641,900	21.00	-363,900	ceo and president
Feb 27, 2024	schultz s. matthew	sold	-6,754,280	20.95	-322,400	executive chairman
Feb 27, 2024	vecchiarelli gary anthony	sold	-549,287	20.93	-26,244	chief financial officer
Feb 26, 2024	schultz s. matthew	sold (taxes)	-2,417,580	20.35	-118,800	executive chairman
Feb 26, 2024	bradford zachary	acquired	-	-	300,000	ceo and president
Feb 26, 2024	bradford zachary	sold (taxes)	-2,402,320	20.35	-118,050	ceo and president
Feb 26, 2024	vecchiarelli gary anthony	acquired	-	-	200,000	chief financial officer
Feb 26, 2024	schultz s. matthew	acquired	-	-	270,000	executive chairman

Which funds bought or sold CLSK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	DekaBank Deutsche Girozentrale	unchanged	-	80,000	179,000	-%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	reduced	-1.95	800,000	1,703,000	0.01%
Apr 24, 2024	CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT	new	-	3,817,800	3,817,800	0.32%
Apr 24, 2024	Assenagon Asset Management S.A.	new	-	3,569,920	3,569,920	0.01%
Apr 23, 2024	Global Retirement Partners, LLC	new	-	5,303	5,303	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-50.95	-9,000	137,000	-%
Apr 23, 2024	Busey Bank	new	-	808,101	808,101	0.03%
Apr 22, 2024	MetLife Investment Management, LLC	added	32.39	645,887	873,896	0.01%
Apr 19, 2024	United Capital Management of KS, Inc.	new	-	327,440	327,440	0.07%
Apr 19, 2024	Sloy Dahl & Holst, LLC	new	-	302,031	302,031	0.07%

Are Funds Buying or Selling CLSK?

Are funds buying CLSK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CLSK

No. of Funds

CLSK Alerts

2 major insider sales recently.

Unveiling Cleanspark Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 29, 2024	blackrock inc.	6.5%	11,917,630	SC 13G
Mar 08, 2023	blackrock inc.	4.9%	3,814,009	SC 13G/A
Feb 01, 2023	blackrock inc.	5.4%	3,906,035	SC 13G/A
Feb 04, 2022	blackrock inc.	5.5%	2,277,816	SC 13G
Jan 07, 2021	sabby management, llc	12.%	0	SC 13G/A
Oct 07, 2020	sabby management, llc	5.29%	1,155,000	SC 13G
Jul 21, 2020	discover growth fund, llc	7.09%	1,230,770	SC 13G

Recent SEC filings of Cleanspark Inc

View All Filings

Date Filed	Form Type	Document
Apr 12, 2024	8-K	Current Report
Apr 11, 2024	AW	AW
Apr 11, 2024	RW	RW
Apr 11, 2024	RW WD	RW WD
Mar 28, 2024	424B5	Prospectus Filed
Mar 28, 2024	8-K	Current Report
Mar 27, 2024	144	Notice of Insider Sale Intent
Mar 27, 2024	4	Insider Trading
Mar 21, 2024	144	Notice of Insider Sale Intent
Mar 21, 2024	4	Insider Trading

Peers (Alternatives to Cleanspark Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GS	136.7B	68.5B	3.40%	24.79%	16.06	2	136.06%	-24.38%
CME	76.3B	5.6B	-0.16%	14.94%	23.65	13.58	-0.62%	19.89%
ICE	75.5B	9.9B	-3.89%	25.97%	31.87	7.62	2.77%	63.76%
COIN	52.7B	3.1B	-16.19%	314.94%	555.77	16.96	-2.69%	103.61%
FDS	16.0B	2.2B	-5.67%	4.31%	32.62	7.41	7.26%	9.28%
IBKR	12.3B	6.2B	6.40%	52.36%	4.38	1.98	131.94%	52.66%
MID-CAP
JEF	9.2B	8.2B	-3.89%	43.53%	35.12	1.12	17.04%	-76.58%
HLI	8.2B	1.8B	1.89%	39.63%	31.53	4.44	0.16%	-0.33%
EVR	7.0B	2.4B	-3.47%	67.85%	27.39	2.86	-12.10%	-46.39%
FRHC	4.0B	1.4B	-3.51%	-11.66%	11.99	2.87	96.15%	398.80%
CLSK	3.9B	214.4M	-15.83%	410.99%	-47.4	18.05	75.40%	19.03%
SMALL-CAP
DFIN	1.8B	797.2M	2.61%	47.77%	22.03	2.27	-4.37%	-19.80%
AMRK	880.8M	10.0B	35.90%	8.06%	7.97	0.09	24.24%	-27.96%
COHN	12.7M	83.0M	-0.75%	7.99%	-2.16	0.15	15.07%	81.87%
AAMC	7.7M	3.2M	-13.51%	-96.39%	-0.24	2.43	-44.67%	-104.26%

Cleanspark Inc News

Latest updates

Cleanspark Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	40.5%	73,786	52,520	45,523	42,546	27,819	26,173	31,029	37,198	37,125	20,918	9,052	8,120	2,258	1,955	3,439	3,658	977	2,323	1,223	724	263
Cost Of Revenue	-5.0%	28,896	30,401	20,681	22,082	20,416	16,626	10,288	8,684	5,636	2,173	1,147	1,538	1,333	1,279	2,852	2,914	883	2,040	1,006	592	223
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	925	778	545	704	94.00	284	217	132	40.00
Costs and Expenses	-62.8%	45,275	121,609	61,108	60,032	56,702	66,831	46,345	34,399	21,814	14,669	21,032	10,617	8,428	-	5,582	5,930	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	7,095	8,514	2,688	2,976	3,086	10,093	2,693	2,720	1,779
S&GA Expenses	-35.1%	5,003	7,706	5,064	4,329	3,724	3,715	2,119	2,773	1,816	2,553	1,194	1,243	950	272	279	311	231	439	222	159	97.00
EBITDA Margin	640.0%	0.27*	-0.05*	-0.15*	-0.25*	-0.19*	0.08*	0.33*	0.31*	0.29*	-0.01*	0.62*	1.20*	-	-	-	-	-	-	-	-	-
Interest Expenses	-9.0%	546	600	689	799	889	703	314	8.00	53.00	98.00	19.00	28.00	1.00	21,277	-7,066	-1,891	-1,560	-7,988	-1,495	5,184	517
Income Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	137.3%	25,909	-69,389	-14,117	-18,166	-30,488	-41,154	-16,611	2,032	15,644	3,549	-14,074	-	-	-	-	-	-	-	-	-	-
EBT Margin	55.0%	-0.35*	-0.78*	-0.73*	-0.83*	-0.71*	-0.30*	0.04*	0.07*	0.07*	-0.26*	-0.66*	0.00*	-	-	-	-	-	-	-	-	-
Net Income	134.6%	25,909	-74,879	-14,219	-18,460	-29,031	-42,301	-29,340	-171	14,486	-5,367	-16,677	7,400	-7,167	-7,063	-8,551	-5,815	-1,916	-12,096	-3,971	-7,764	-2,283
Net Income Margin	53.0%	-0.38*	-0.81*	-0.73*	-0.93*	-0.83*	-0.44*	-0.16*	-0.07*	0.00*	-0.54*	-1.10*	-0.98*	-	-	-	-	-	-	-	-	-
Free Cashflow	8.9%	-40,034	-43,940	1,655	6,746	5,100	18,949	5,583	33,871	12,981	-2,873	-9,457	-4,868	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	13.3%	863	762	653	532	487	453	411	425	418	317	297	293	78.00	22.00	21.00	22.00	24.00	23.00	33.00	24.00	21.00
Current Assets	77.8%	182	102	53.00	33.00	21.00	51.00	29.00	42.00	59.00	58.00	52.00	178	33.00	8.00	7.00	8.00	11.00	10.00	11.00	2.00	5.00
Cash Equivalents	65.9%	48.00	29.00	22.00	10.00	2.00	20.00	3.00	2.00	5.00	18.00	22.00	157	26.00	3.00	2.00	5.00	6.00	8.00	8.00	2.00	5.00
Net PPE	12.9%	637	564	482	440	435	377	322	276	198	138	65.00	15.00	6.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Goodwill	0%	8.00	8.00	8.00	8.00	8.00	-	12.00	19.00	19.00	12.00	32.00	32.00	20.00	6.00	6.00	6.00	5.00	5.00	5.00	5.00	-
Liabilities	-38.2%	52.00	84.00	49.00	58.00	60.00	49.00	34.00	24.00	24.00	12.00	16.00	9.00	6.00	6.00	2.00	10.00	6.00	5.00	3.00	1.00	2.00
Current Liabilities	-42.8%	42.00	74.00	37.00	41.00	42.00	34.00	20.00	23.00	22.00	10.00	12.00	7.00	5.00	5.00	2.00	5.00	2.00	2.00	1.00	1.00	2.00
Shareholder's Equity	19.7%	811	677	604	474	427	404	377	401	394	306	282	284	72.00	16.00	18.00	13.00	18.00	19.00	30.00	24.00	20.00
Retained Earnings	8.9%	-303	-332	-257	-243	-225	-196	-153	-124	-124	-138	-133	-116	-123	-116	-109	-100	-94.97	-93.06	-80.96	-76.99	-69.22
Additional Paid-In Capital	10.3%	1,113	1,009	861	717	652	600	531	525	518	444	415	400	196	133	128	113	113	112	111	100	89.00
Shares Outstanding	15.8%	186	160	132	97.00	66.00	56.00	41.00	41.00	40.00	37.00	27.00	24.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	269,523	-	-	-	511	-	-	-	703	-	-	-	7.00	4.00	-	-	-	29.00

Cashflow (Last 12 Months)

(In )

Cashflow (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	8.9%	-40,034,000	-43,940,000	1,670,000	6,761,000	5,115,000	18,964,000	5,598,000	33,886,000	12,996,000	-2,858,078	-9,441,672	-4,852,882	-6,833,578	-2,963,653	-2,416,026	-377,669	-885,386	94,039	-3,284,166	-1,841,418	-666,444
Share Based Compensation	51.4%	9,953,000	6,574,000	4,066,500	9,504,000	5,878,000	13,950,000	5,213,000	6,554,000	5,749,000	-52,317	3,399,371	849,015	4,350,643	881,600	261,432	584,100	326,100	276,290	432,971	655,827	627,955
Cashflow From Investing	64.7%	-32,818,000	-92,912,000	-127,954,000	-54,575,000	-56,488,000	-57,486,000	-22,385,000	-37,107,000	-94,003,000	-35,561,862	-137,687,095	-53,481,129	-2,427,972	284,079	-665,877	-1,492,378	-509,447	-75,190	-242,083	-235,980	-120,700
Cashflow From Financing	-36.1%	92,095,000	144,234,000	137,772,000	56,098,000	32,971,000	56,323,000	17,536,000	-78,000	68,179,000	34,250,397	12,064,095	189,976,640	31,767,261	3,850,000	531,169	-	-67,467	-196,070	9,977,066	-980,069	4,997,095
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	892,659	8.00	-	-	-	30.00	-	-	-	-13,750	14.00

CLSK Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenues, net
Bitcoin mining revenue, net	$ 73,786	$ 27,746
Other services revenue	0	73
Total revenues, net	73,786	27,819
Costs and expenses
Cost of revenues (exclusive of depreciation and amortization shown below)	28,896	20,416
Professional fees	1,572	2,831
Payroll expenses	15,321	9,802
General and administrative expenses	5,003	3,724
Loss on disposal of assets	677
Gain on fair value of bitcoin, net (see Note 2 and Note 5)	(36,041)	0
Other impairment expense (related to bitcoin)	0	83
Realized loss on sale of bitcoin	0	517
Depreciation and amortization	29,847	19,329
Total costs and expenses	45,275	56,702
Income (loss) from operations	28,511	(28,883)
Other income (expense)
Change in fair value of contingent consideration	0	485
Unrealized loss on derivative security	(1,243)	(1,271)
Interest income	586	70
Interest expense	(546)	(889)
Total other (expense) income	(1,203)	(1,605)
Income (loss) before income tax expense	27,308	(30,488)
Income tax expense	1,399	0
Income (loss) from continuing operations	25,909	(30,488)
Discontinued Operations
Income from discontinued operations	0	1,457
Income tax expense	0	0
Income on discontinued operations	0	1,457
Net income (loss)	25,909	(29,031)
Preferred stock dividends	579	0
Net income (loss) attributable to common shareholders	25,330	(29,031)
Other Comprehensive Income	29	29
Total comprehensive income (loss) attributable to common shareholders	$ 25,359	$ (29,002)
Income (loss) from continuing operations per common share - basic	$ 0.14	$ (0.46)
Weighted average common shares outstanding- basic	178,809,264	66,395,174
Income (loss) from continuing operations per common share - diluted	$ 0.14	$ (0.46)
Weighted average common shares outstanding - diluted	180,783,535	66,395,174
Income (loss) on discontinued operations per common share - basic	$ 0	$ 0.02
Weighted average common shares outstanding - basic	178,809,264	66,395,174
Income (loss) on discontinued operations per common share - diluted	$ 0	$ 0.02
Weighted average common shares outstanding - diluted	180,783,535	67,400,334

CLSK Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Sep. 30, 2023
Current assets
Cash and cash equivalents, including restricted cash	$ 48,458	$ 29,215
Accounts receivable, net	0	5
Inventory	732	809
Prepaid expense and other current assets	2,971	12,034
Bitcoin (See Note 2 and Note 5)	126,951	56,241
Derivative investment asset	1,454	2,697
Investment in debt security, AFS, at fair value	755	726
Current assets held for sale	384	445
Total current assets	181,705	102,172
Property and equipment, net	637,481	564,395
Operating lease right of use asset	647	688
Intangible assets, net	4,089	4,603
Deposits on miners and mining equipment	25,048	75,959
Other long-term asset	5,718	5,718
Goodwill	8,043	8,043
Total assets	862,731	761,578
Current liabilities
Accounts payable and accrued liabilities	33,415	65,577
Current portion of operating lease liability	176	181
Current portion of finance lease liability	96	130
Current portion of long-term loans payable	7,421	6,992
Dividends payable	579	0
Current liabilities held for sale	706	1,175
Total current liabilities	42,393	74,055
Long-term liabilities
Operating lease liability, net of current portion	474	519
Finance lease liability, net of current portion	0	9
Loans payable, net of current portion	7,047	8,911
Deferred income taxes	2,256	857
Total liabilities	52,170	84,351
Stockholders' equity
Common stock; $0.001 par value; 300,000,000 shares authorized; 185,554,611 and 160,184,921 shares issued and outstanding, respectively	186	160
Preferred stock; $0.001 par value; 10,000,000 shares authorized; Series A shares; 2,000,000 authorized; 1,750,000 and 1,750,000 issued and outstanding, respectively	2	2
Additional paid-in capital	1,113,248	1,009,482
Accumulated other comprehensive income	255	226
Accumulated deficit	(303,130)	(332,643)
Total stockholders' equity	810,561	677,227
Total liabilities and stockholders' equity	$ 862,731	$ 761,578

About Cleanspark Inc

CleanSpark, Inc. engages in bitcoin mining operations. It develops sustainable infrastructure for Bitcoin, a tool for financial independence and inclusion. The company also provides traditional data center services to its clients, such as providing customers with rack space, power, and equipment, as well as cloud services, including virtual services, virtual storage, and data backup services. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.

CEO	Mr. Zachary K. Bradford
WEBSITE	cleanspark.com
INDUSTRY	Mortgage Finance
EMPLOYEES	121

Cleanspark Inc Frequently Asked Questions

What is the ticker symbol for Cleanspark Inc? What does CLSK stand for in stocks?

CLSK is the stock ticker symbol of Cleanspark Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cleanspark Inc (CLSK)?

As of Thu Apr 25 2024, market cap of Cleanspark Inc is 3.87 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CLSK stock?

You can check CLSK's fair value in chart for subscribers.

What is the fair value of CLSK stock?

You can check CLSK's fair value in chart for subscribers. The fair value of Cleanspark Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cleanspark Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CLSK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cleanspark Inc a good stock to buy?

The fair value guage provides a quick view whether CLSK is over valued or under valued. Whether Cleanspark Inc is cheap or expensive depends on the assumptions which impact Cleanspark Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CLSK.

What is Cleanspark Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, CLSK's PE ratio (Price to Earnings) is -47.4 and Price to Sales (PS) ratio is 18.05. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CLSK PE ratio will change depending on the future growth rate expectations of investors.