Hut 8 (HUT) Income from Discontinued Operations (2023 - 2024)
Hut 8's (HUT) quarterly Income from Discontinued Operations came in at $2.3 million in Q4 2024, up 2912.99% on a YoY basis from $77000.0 in Q1 2024, and up 233.49% quarter-over-quarter from -$1.7 million in Q2 2024.
Analysis
Hut 8 (HUT) Income from Discontinued Operations (2023 - 2024) Analysis & Trends
Hut 8 (HUT) has reported Income from Discontinued Operations for 2 consecutive years, with $2.3 million the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Income from Discontinued Operations rose 2912.99% year-over-year to $2.3 million; the trailing twelve-month figure through Sep 2025 stood at $2.3 million (up 124.98% YoY), and the FY2024 full-year result was -$7.0 million, changed N/A from the prior year.
- Income from Discontinued Operations improved to $2.3 million in Q4 2024 per HUT's latest filing, from -$1.7 million in the prior quarter.
- Across five years, Income from Discontinued Operations topped out at $2.3 million in Q4 2024 and bottomed at -$7.6 million in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Discontinued) (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn | - |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn | - |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn | - |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn | - |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - | - |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - | - |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn | - |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn | -1.04 Mn |
| 10 | HIVE Digital Technologies | 935.29 Mn | 696.25 Mn | -29.49 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 2.32 Mn |
| Jun 30, 2024 | -1.74 Mn |
| Mar 31, 2024 | -7.63 Mn |
| Dec 31, 2023 | 77,000.00 |