HIVE Digital Technologies (HIVE) Restructuring Costs (2021 - 2023)
HIVE Digital Technologies (HIVE) posted quarterly Restructuring Costs of -$3.2 million for Q2 2023, down 257.84% year-over-year from $2.1 million in Q2 2022, and down 196.16% quarter-over-quarter from $3.4 million in Q1 2023.
HIVE Digital Technologies (HIVE) Restructuring Costs (2021 - 2023) Analysis & Trends
HIVE Digital Technologies (HIVE) has reported Restructuring Costs for 3 consecutive years, with -$3.2 million the latest figure, recorded in Q2 2023.
- In Q2 2023, Restructuring Costs fell 257.84% year-over-year to -$3.2 million; the TTM figure through Jun 2023 stood at $7.3 million (up 175.72% YoY), while the FY2023 annual figure was $3.4 million, up 94.81% from the prior year.
- Restructuring Costs declined to -$3.2 million in Q2 2023 per HIVE's latest filing, from $3.4 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $4.3 million in Q4 2022 and bottomed at -$3.2 million in Q2 2023.
- Historically, Restructuring Costs has averaged $1.2 million across 3 years, with a median of $1.9 million in 2022.
- Annual changes were most pronounced in 2022 — Restructuring Costs jumped 1216.25% — and 2023, when it slumped 257.84%.
- HIVE Digital Technologies' Restructuring Costs stood at -$183660.0 in 2021, then jumped by 2448.56% to $4.3 million in 2022, then slumped by 175.02% to -$3.2 million in 2023.
- Business Quant data shows HIVE's Restructuring Costs at -$3.2 million in Q2 2023, $3.4 million in Q1 2023, and $4.3 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - |
| 10 | HIVE Digital Technologies | 707.38 Mn | 685.51 Mn | -25.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -3.24 Mn |
| Mar 31, 2023 | 3.37 Mn |
| Dec 31, 2022 | 4.31 Mn |
| Sep 30, 2022 | 2.86 Mn |
| Jun 30, 2022 | 2.05 Mn |
| Mar 31, 2022 | 1.73 Mn |
| Jun 30, 2021 | -183,660.00 |
| Mar 31, 2021 | -944,560.00 |