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HIVE Achieves Annual Revenue of $114.5 Million, Adjusted EBITDA of $37.5 Million with 2,287 Bitcoin on the Balance Sheet and Mined 3,123 Bitcoin for the Year Ended March 31, 2024
HIVEHIVE Digital Technologies .(HIVE) Newsfile·2024-06-25 02:27

● | --- | --- | |-------------------------------------------------|-------| | | | | HIVE Achieves Annual Revenue of 114.5Million,AdjustedEBITDAof114.5 Million, | | | Adjusted EBITDA of 37.5 Million with 2,287 | | | Bitcoin on the Balance Sheet and Mined 3,123 | | | Bitcoin for the Year Ended March 31, 2024 | | Revenue from digital currency mining was 111.0millionthisfiscalyear,inadditiontotheCompanysHPCoperations,resultinginagrossoperatingmargin1of111.0 million this fiscal year, in addition to the Company's HPC operations, resulting in a gross operating margin1 of 40.3 million, or a 36% operating margin. The Company's SG&A for t ...