TeraWulf Key Executives
This section highlights TeraWulf's key executives, including their titles and compensation details.
Find Contacts at TeraWulf
( total contacts)
TeraWulf Earnings
This section highlights TeraWulf's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
---|---|---|---|---|---|
Read Transcript | Q1 | 2025 | 2025-05-09 | $-0.07 | $-0.16 |
Read Transcript | Q4 | 2024 | 2025-02-28 | $-0.04 | $-0.08 |
Read Transcript | Q3 | 2024 | 2024-11-12 | $-0.02 | $-0.05 |
Read Transcript | Q2 | 2024 | 2024-08-12 | $-0.02 | $-0.03 |
Read Transcript | Q1 | 2024 | 2024-05-13 | $0.05 | $-0.02 |
Read Transcript | Q4 | 2023 | 2024-03-19 | $-0.02 | $-0.03 |
Read Transcript | Q3 | 2023 | 2023-11-13 | $-0.05 | $-0.09 |
Read Transcript | Q2 | 2023 | 2023-08-14 | $-0.03 | $-0.08 |
Financial Statements
Access annual & quarterly financial statements for TeraWulf, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Revenue | $140.05M | $69.23M | $15.03M | $12.74M | $13.43M |
Cost of Revenue | $62.61M | $27.32M | $11.08M | $52.00K | $9.53M |
Gross Profit | $77.44M | $41.91M | $3.95M | $12.69M | $3.91M |
Gross Profit Ratio | 55.30% | 60.54% | 26.28% | 99.59% | 29.07% |
Research and Development Expenses | $- | $- | $- | $418.43K | $671.49K |
General and Administrative Expenses | $- | $- | $- | $- | $- |
Selling and Marketing Expenses | $- | $- | $- | $- | $- |
Selling General and Administrative Expenses | $70.58M | $41.91M | $36.05M | $43.35M | $5.02M |
Other Expenses | $83.08M | $29.43M | $10.19M | $- | $- |
Operating Expenses | $153.66M | $71.33M | $46.24M | $43.35M | $5.69M |
Cost and Expenses | $216.27M | $98.65M | $57.32M | $43.40M | $15.22M |
Interest Income | $- | $- | $24.68M | $- | $- |
Interest Expense | $19.79M | $34.81M | $24.68M | $2.25M | $2.46M |
Depreciation and Amortization | $61.18M | $29.35M | $6.97M | $52.00K | $698.05K |
EBITDA | $-17.41M | $161.00K | $-38.83M | $-43.35M | $-1.79M |
EBITDA Ratio | -12.43% | 0.23% | -258.29% | -340.13% | -13.30% |
Operating Income | $-76.22M | $-29.42M | $-42.29M | $-43.40M | $-1.79M |
Operating Income Ratio | -54.42% | -42.50% | -281.30% | -340.54% | -13.30% |
Total Other Income Expenses Net | $-22.17M | $-34.58M | $-26.73M | $-2.25M | $1.14M |
Income Before Tax | $-98.38M | $-64.00M | $-70.48M | $-45.65M | $-649.32K |
Income Before Tax Ratio | -70.25% | -92.45% | -468.82% | -358.23% | -4.83% |
Income Tax Expense | $- | $10.49M | $-256.00K | $-615.00K | $-210.00K |
Net Income | $-72.42M | $-73.42M | $-70.22M | $-95.68M | $-439.32K |
Net Income Ratio | -51.71% | -106.06% | -467.12% | -750.80% | -3.27% |
EPS | $-0.21 | $-0.35 | $-0.63 | $-1.12 | $-0.22 |
EPS Diluted | $-0.21 | $-0.35 | $-0.63 | $-1.12 | $-0.22 |
Weighted Average Shares Outstanding | 351.32M | 209.96M | 110.64M | 85.20M | 1.98M |
Weighted Average Shares Outstanding Diluted | 351.32M | 209.96M | 110.64M | 85.20M | 1.98M |
SEC Filing | Source | Source | Source | Source | Source |
Breakdown | March 31, 2025 | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | $34.41M | $34.98M | $27.06M | $35.57M | $42.43M | $23.29M | $18.95M | $15.46M | $11.53M | $9.57M | $3.86M | $1.39M | $217.00K | $676.00K | $4.74M | $4.25M | $3.07M | $4.23M | $3.13M | $2.57M |
Cost of Revenue | $24.55M | $19.62M | $14.66M | $13.92M | $29.50M | $17.20M | $8.27M | $5.11M | $5.00M | $5.28M | $5.18M | $591.00K | $32.00K | $372.00K | $3.16M | $115.00K | $2.08M | $2.73M | $2.26M | $2.19M |
Gross Profit | $9.85M | $15.36M | $12.40M | $21.66M | $12.94M | $6.09M | $10.69M | $10.34M | $6.53M | $4.29M | $-1.32M | $794.00K | $185.00K | $304.00K | $1.58M | $4.14M | $996.33K | $1.49M | $873.78K | $384.89K |
Gross Profit Ratio | 28.64% | 43.91% | 45.82% | 60.88% | 30.49% | 26.15% | 56.38% | 66.92% | 56.63% | 44.82% | -34.08% | 57.33% | 85.25% | 44.97% | 33.35% | 97.29% | 32.42% | 35.32% | 27.87% | 14.96% |
Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $20.00K | $134.61K | $128.90K | $134.92K | $150.16K | $136.52K | $201.23K |
General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Selling General and Administrative Expenses | $46.57M | $32.27M | $11.48M | $13.59M | $16.58M | $10.44M | $5.77M | $8.55M | $9.39M | $11.61M | $8.88M | $6.76M | $8.80M | $-3.76M | $2.27M | $4.15M | $1.18M | $1.06M | $979.77K | $1.20M |
Other Expenses | $- | $34.51M | $16.63M | $14.83M | $1.83M | $118.00K | $59.00K | $54.00K | $5.74M | $6.66M | $2.25M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Operating Expenses | $46.57M | $66.79M | $28.11M | $13.59M | $16.58M | $10.44M | $5.77M | $15.51M | $15.12M | $18.27M | $11.13M | $8.05M | $9.35M | $-3.74M | $2.41M | $4.15M | $1.32M | $1.21M | $1.12M | $1.40M |
Cost and Expenses | $94.03M | $85.08M | $42.77M | $42.34M | $46.08M | $27.64M | $14.04M | $20.62M | $20.13M | $23.55M | $16.32M | $8.64M | $9.38M | $45.52M | $5.57M | $4.27M | $3.40M | $3.94M | $3.38M | $3.59M |
Interest Income | $2.26M | $- | $- | $- | $- | $- | $- | $8.45M | $6.83M | $7.99M | $7.23M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Interest Expense | $-4.05M | $3.02M | $409.00K | $5.33M | $11.04M | $9.28M | $10.25M | $8.45M | $6.83M | $7.99M | $7.23M | $4.14M | $5.32M | $- | $- | $- | $- | $-15.86K | $-24.59K | $-24.62K |
Depreciation and Amortization | $- | $15.56M | $15.89M | $14.38M | $15.34M | $8.52M | $8.47M | $6.68M | $5.68M | $4.95M | $1.51M | $200.00K | $4.00K | $-1.92M | $160.71K | $244.37K | $169.56K | $170.71K | $52.75K | $51.12K |
EBITDA | $-36.72M | $-33.58M | $-3.75M | $8.07M | $11.50M | $3.97M | $-1.16M | $888.00K | $-3.54M | $-10.49M | $-11.86M | $-7.62M | $-9.16M | $-43.71M | $-665.84K | $-4.27M | $-152.58K | $1.67M | $-242.51K | $-1.02M |
EBITDA Ratio | -106.73% | -95.97% | -13.86% | 22.67% | 27.09% | 17.04% | -6.10% | 5.75% | -30.68% | -109.69% | -306.91% | -549.89% | -4222.58% | -6465.83% | -14.04% | -100.37% | -4.96% | 39.54% | -7.74% | -39.60% |
Operating Income | $-36.72M | $-51.42M | $-22.73M | $-6.76M | $-3.65M | $-4.36M | $-19.03M | $-5.84M | $-8.59M | $-13.99M | $-13.37M | $-7.82M | $-9.17M | $-44.70M | $-826.57K | $-4.27M | $-322.18K | $286.51K | $-242.51K | $-1.02M |
Operating Income Ratio | -106.73% | -146.99% | -84.01% | -19.02% | -8.59% | -18.71% | -100.40% | -37.82% | -74.52% | -146.19% | -346.12% | -564.33% | -4224.42% | -6612.28% | -17.43% | -100.37% | -10.48% | 6.78% | -7.74% | -39.60% |
Total Other Income Expenses Net | $-24.70M | $-374.00K | $2.68M | $-4.88M | $-12.57M | $-9.16M | $-10.19M | $-8.40M | $-6.83M | $-10.04M | $-7.23M | $-4.14M | $-5.32M | $328.00K | $-83 | $-140.00K | $-19.80K | $1.20M | $-24.55K | $-22.86K |
Income Before Tax | $-61.42M | $-51.80M | $-20.05M | $-11.64M | $-14.89M | $-13.82M | $-19.88M | $-14.24M | $-16.05M | $-23.43M | $-20.60M | $-11.96M | $-14.49M | $-44.84M | $-826.65K | $-4.27M | $-341.99K | $1.49M | $-267.07K | $-1.04M |
Income Before Tax Ratio | -178.51% | -148.06% | -74.11% | -32.73% | -35.09% | -59.37% | -104.89% | -92.14% | -139.21% | -244.90% | -533.23% | -863.18% | -6676.96% | -6632.99% | -17.43% | -100.37% | -11.13% | 35.13% | -8.52% | -40.49% |
Income Tax Expense | $- | $- | $2.98M | $-475.00K | $-4.99M | $-3.30M | $-510.00K | $3.56M | $10.46M | $512.00K | $-256.00K | $5.85M | $9.02M | $-140.00K | $25.08K | $140.00K | $-20.35K | $22.00K | $6.93K | $-51.12K |
Net Income | $-61.42M | $-29.20M | $-22.73M | $-10.88M | $-9.61M | $-10.53M | $-19.37M | $-17.54M | $-26.52M | $-23.94M | $-20.35M | $-13.67M | $-18.18M | $-44.70M | $-851.74K | $-4.41M | $-321.64K | $1.46M | $-274.00K | $-1.04M |
Net Income Ratio | -178.51% | -83.45% | -84.01% | -30.57% | -22.65% | -45.20% | -102.19% | -113.48% | -229.91% | -250.26% | -526.60% | -986.93% | -8379.26% | -6612.28% | -17.96% | -103.66% | -10.47% | 34.61% | -8.74% | -40.49% |
EPS | $-0.16 | $0.13 | $-0.06 | $-0.03 | $-0.03 | $-0.04 | $-0.09 | $-0.08 | $-0.16 | $-0.18 | $-0.19 | $-0.13 | $-0.18 | $-0.45 | $-0.01 | $-0.04 | $-0.01 | $0.74 | $-0.14 | $-0.53 |
EPS Diluted | $-0.16 | $0.13 | $-0.06 | $-0.03 | $-0.03 | $-0.04 | $-0.09 | $-0.08 | $-0.16 | $-0.18 | $-0.19 | $-0.13 | $-0.18 | $-0.45 | $-0.01 | $-0.04 | $-0.01 | $0.74 | $-0.14 | $-0.53 |
Weighted Average Shares Outstanding | 383.15M | 385.65M | 382.09M | 340.66M | 290.60M | 276.73M | 221.72M | 210.42M | 165.02M | 131.34M | 108.84M | 104.12M | 100.12M | 99.98M | 89.33M | 99.98M | 58.82M | 1.98M | 1.98M | 1.98M |
Weighted Average Shares Outstanding Diluted | 383.15M | 385.65M | 382.09M | 340.66M | 290.60M | 276.73M | 221.72M | 210.42M | 165.02M | 131.34M | 108.84M | 104.12M | 100.12M | 99.98M | 89.33M | 99.98M | 60.00M | 1.98M | 1.98M | 1.98M |
SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Cash and Cash Equivalents | $274.06M | $54.44M | $1.28M | $46.45M | $6.30M |
Short Term Investments | $- | $- | $183.00K | $- | $- |
Cash and Short Term Investments | $274.06M | $54.44M | $1.28M | $46.45M | $6.30M |
Net Receivables | $3.80M | $1.00M | $- | $- | $- |
Inventory | $- | $- | $- | $- | $1.64M |
Other Current Assets | $3.57M | $7.15M | $12.87M | $21.60M | $5.00K |
Total Current Assets | $281.43M | $62.59M | $14.14M | $68.05M | $6.30M |
Property Plant Equipment Net | $505.05M | $216.23M | $203.47M | $92.47M | $7.39M |
Goodwill | $- | $- | $- | $- | $- |
Intangible Assets | $- | $- | $- | $- | $243.58K |
Goodwill and Intangible Assets | $- | $- | $- | $- | $243.58K |
Long Term Investments | $- | $98.61M | $98.74M | $104.28M | $104.28M |
Tax Assets | $- | $- | $- | $- | $-104.52M |
Other Non-Current Assets | $1.03M | $679.00K | $1.34M | $109.00K | $16.31M |
Total Non-Current Assets | $506.08M | $315.52M | $303.54M | $196.86M | $23.70M |
Other Assets | $- | $- | $- | $- | $- |
Total Assets | $787.51M | $378.11M | $317.69M | $264.91M | $30.00M |
Account Payables | $24.38M | $15.17M | $21.86M | $11.79M | $459.84K |
Short Term Debt | $- | $123.51M | $57.51M | $88.00K | $2.69M |
Tax Payables | $- | $- | $- | $- | $- |
Deferred Revenue | $- | $- | $- | $- | $-1.86M |
Other Current Liabilities | $27.46M | $15.98M | $46.64M | $33.98M | $-1.41M |
Total Current Liabilities | $51.84M | $154.66M | $126.02M | $45.86M | $1.74M |
Long Term Debt | $491.22M | $955.00K | $73.91M | $95.62M | $- |
Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $256.00K | $- |
Other Non-Current Liabilities | $- | $- | $- | $- | $- |
Total Non-Current Liabilities | $491.22M | $955.00K | $73.91M | $95.88M | $94.63M |
Other Liabilities | $- | $- | $- | $- | $-94.63M |
Total Liabilities | $543.07M | $155.62M | $199.93M | $141.73M | $1.74M |
Preferred Stock | $9.27M | $9.27M | $10.06M | $- | $0 |
Common Stock | $404.00K | $277.00K | $145.00K | $100.00K | $50.00K |
Retained Earnings | $-332.28M | $-259.89M | $-187.26M | $-95.68M | $-1.68M |
Accumulated Other Comprehensive Income Loss | $- | $- | $- | $- | $-0 |
Other Total Stockholders Equity | $567.04M | $472.83M | $294.81M | $218.76M | $29.89M |
Total Stockholders Equity | $244.44M | $222.49M | $117.75M | $123.18M | $28.27M |
Total Equity | $244.44M | $222.49M | $117.75M | $123.18M | $28.27M |
Total Liabilities and Stockholders Equity | $787.51M | $378.11M | $317.69M | $264.91M | $30.00M |
Minority Interest | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $787.51M | $378.11M | $317.69M | $264.91M | $30.00M |
Total Investments | $- | $98.61M | $98.74M | $104.28M | $104.28M |
Total Debt | $491.25M | $124.47M | $129.31M | $95.71M | $2.69M |
Net Debt | $217.18M | $70.03M | $128.03M | $49.25M | $-3.61M |
Balance Sheet Charts
Breakdown | March 31, 2025 | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents | $218.16M | $274.06M | $23.94M | $104.11M | $45.82M | $54.44M | $6.59M | $8.24M | $16.98M | $1.28M | $4.47M | $921.00K | $3.58M | $43.45M | $1.50M | $31.72M | $4.43M | $3.69M | $3.50M | $2.98M |
Short Term Investments | $- | $- | $- | $- | $2.02M | $1.80M | $614.00K | $708.00K | $117.00K | $183.00K | $60.00K | $651.00K | $212.00K | $- | $- | $- | $- | $- | $- | $- |
Cash and Short Term Investments | $218.16M | $274.06M | $23.94M | $104.11M | $47.84M | $56.24M | $6.59M | $8.24M | $16.98M | $1.28M | $4.47M | $921.00K | $3.58M | $43.45M | $1.50M | $31.72M | $4.43M | $3.69M | $3.50M | $2.98M |
Net Receivables | $5.10M | $3.80M | $4.38M | $2.55M | $1.67M | $- | $2.72M | $- | $- | $- | $- | $- | $- | $- | $1.88M | $1.68M | $1.56M | $2.34M | $- | $- |
Inventory | $- | $- | $- | $- | $- | $- | $2.36M | $- | $- | $- | $60.00K | $- | $- | $- | $1.65M | $1.61M | $1.96M | $1.64M | $2.16M | $2.68M |
Other Current Assets | $6.78M | $3.57M | $4.09M | $4.30M | $4.85M | $8.15M | $3.66M | $6.12M | $5.24M | $12.87M | $11.64M | $20.65M | $22.37M | $24.60M | $183.52K | $3.78M | $210.90K | $125.97K | $1.82M | $1.82M |
Total Current Assets | $230.05M | $281.43M | $32.41M | $110.96M | $54.36M | $62.59M | $12.98M | $14.36M | $22.22M | $14.14M | $16.11M | $21.57M | $25.96M | $68.05M | $5.21M | $33.94M | $8.16M | $7.80M | $7.48M | $7.48M |
Property Plant Equipment Net | $602.39M | $505.05M | $293.29M | $282.49M | $248.58M | $216.23M | $192.49M | $173.22M | $171.11M | $203.47M | $214.32M | $155.08M | $122.88M | $21.91M | $6.93M | $1.98M | $7.23M | $7.39M | $7.55M | $7.71M |
Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $232.68K | $245.83K | $243.82K | $243.58K | $247.98K | $253.82K |
Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $232.68K | $245.83K | $243.82K | $243.58K | $247.98K | $253.82K |
Long Term Investments | $- | $- | $79.49M | $85.57M | $91.87M | $98.61M | $105.56M | $111.45M | $122.03M | $98.74M | $76.73M | $140.07M | $123.05M | $104.28M | $- | $42.10M | $- | $- | $- | $- |
Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $161.17K | $- | $- | $- | $- |
Other Non-Current Assets | $8.73M | $1.03M | $710.00K | $547.00K | $586.00K | $679.00K | $768.00K | $798.00K | $1.42M | $1.34M | $2.71M | $2.41M | $957.00K | $70.67M | $- | $400.00K | $- | $- | $- | $- |
Total Non-Current Assets | $611.12M | $506.08M | $373.49M | $368.60M | $341.03M | $315.52M | $298.81M | $285.46M | $294.56M | $303.54M | $293.76M | $297.56M | $246.88M | $196.86M | $7.17M | $44.89M | $7.47M | $7.63M | $7.80M | $7.97M |
Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Assets | $841.16M | $787.51M | $405.90M | $479.57M | $395.39M | $378.11M | $311.79M | $299.82M | $316.78M | $317.69M | $309.87M | $319.14M | $272.84M | $264.91M | $12.38M | $78.82M | $15.64M | $15.44M | $15.27M | $15.45M |
Account Payables | $54.90M | $24.38M | $19.77M | $8.40M | $14.31M | $15.17M | $19.42M | $17.30M | $18.97M | $21.86M | $18.28M | $13.41M | $9.70M | $11.79M | $1.62M | $1.52M | $872.68K | $459.84K | $459.13K | $315.22K |
Short Term Debt | $28.00K | $27.00K | $53.00K | $72.35M | $99.41M | $123.56M | $76.55M | $36.62M | $86.00K | $57.51M | $46.72M | $31.80M | $3.24M | $88.00K | $- | $48.00K | $2.65M | $2.69M | $3.46M | $3.29M |
Tax Payables | $- | $- | $- | $- | $-5.28M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Deferred Revenue | $- | $- | $- | $- | $- | $- | $11.18M | $26.50M | $- | $- | $- | $- | $- | $-88.00K | $- | $-1.52M | $- | $- | $- | $- |
Other Current Liabilities | $11.10M | $27.44M | $12.59M | $11.66M | $13.66M | $15.93M | $12.50M | $27.76M | $37.07M | $46.64M | $40.56M | $52.32M | $40.01M | $33.98M | $582.43K | $2.54M | $547.69K | $447.82K | $514.04K | $527.94K |
Total Current Liabilities | $120.93M | $51.84M | $32.41M | $92.42M | $122.11M | $154.66M | $108.48M | $81.68M | $56.12M | $126.02M | $105.56M | $97.52M | $52.94M | $45.86M | $2.20M | $4.11M | $4.07M | $3.60M | $4.43M | $4.13M |
Long Term Debt | $491.82M | $491.22M | $859.00K | $911.00K | $933.00K | $955.00K | $49.38M | $83.32M | $114.35M | $73.91M | $82.46M | $86.34M | $98.63M | $95.62M | $- | $1.04M | $- | $- | $478.06K | $681.51K |
Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $85.39M | $-256.00K | $-256.00K | $- | $- | $- | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $256.00K | $256.00K | $256.00K | $- | $- | $- | $- | $- | $- |
Other Non-Current Liabilities | $58.04M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $49.81M | $- | $- | $- | $- |
Total Non-Current Liabilities | $549.86M | $491.22M | $859.00K | $911.00K | $933.00K | $955.00K | $49.38M | $83.32M | $114.35M | $73.91M | $82.46M | $86.60M | $98.89M | $95.88M | $- | $50.85M | $- | $- | $478.06K | $681.51K |
Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities | $670.79M | $543.07M | $33.27M | $93.33M | $123.05M | $155.62M | $157.86M | $165.00M | $170.47M | $199.93M | $188.02M | $184.12M | $151.83M | $141.73M | $2.20M | $54.97M | $4.07M | $3.60M | $4.91M | $4.81M |
Preferred Stock | $- | $9.27M | $9.27M | $9.27M | $9.27M | $9.27M | $9.27M | $9.27M | $9.27M | $9.27M | $9.80M | $9.56M | $9.27M | $- | $- | $- | $- | $- | $- | $- |
Common Stock | $- | $404.00K | $- | $374.00K | $303.00K | $277.00K | $232.00K | $216.00K | $186.00K | $145.00K | $115.00K | $105.00K | $101.00K | $100.00K | $198.15K | $50.00K | $197.71K | $197.63K | $197.63K | $197.63K |
Retained Earnings | $- | $-332.28M | $-303.08M | $-280.35M | $-269.47M | $-259.89M | $-249.37M | $-230.27M | $-212.73M | $-186.47M | $-162.05M | $-127.82M | $-113.91M | $-95.68M | $7.00M | $-6.08M | $8.58M | $8.90M | $7.43M | $7.71M |
Accumulated Other Comprehensive Income Loss | $- | $- | $- | $- | $-0 | $-277.00K | $-9.27M | $-9.27M | $4.39M | $- | $- | $-0 | $0 | $0 | $- | $- | $- | $- | $- | $- |
Other Total Stockholders Equity | $170.38M | $567.04M | $666.44M | $656.94M | $532.24M | $472.83M | $393.80M | $355.60M | $349.58M | $294.81M | $273.98M | $253.17M | $225.54M | $218.76M | $2.98M | $29.89M | $2.79M | $2.74M | $2.73M | $2.73M |
Total Stockholders Equity | $170.38M | $244.44M | $372.63M | $386.24M | $272.34M | $222.49M | $153.93M | $134.82M | $146.31M | $117.75M | $121.84M | $135.02M | $121.01M | $123.18M | $10.18M | $23.86M | $11.56M | $11.84M | $10.36M | $10.64M |
Total Equity | $- | $244.44M | $372.63M | $386.24M | $272.34M | $222.49M | $153.93M | $134.82M | $146.31M | $117.75M | $121.84M | $135.02M | $121.01M | $123.18M | $10.18M | $23.86M | $11.56M | $11.84M | $10.36M | $10.64M |
Total Liabilities and Stockholders Equity | $841.16M | $787.51M | $405.90M | $479.57M | $395.39M | $378.11M | $311.79M | $299.82M | $316.78M | $317.69M | $309.87M | $319.14M | $272.84M | $264.91M | $12.38M | $78.82M | $15.64M | $15.44M | $15.27M | $15.45M |
Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $841.16M | $787.51M | $405.90M | $479.57M | $395.39M | $378.11M | $311.79M | $299.82M | $316.78M | $317.69M | $309.87M | $319.14M | $272.84M | $264.91M | $12.38M | $78.82M | $15.64M | $15.44M | $15.27M | $15.45M |
Total Investments | $- | $- | $79.49M | $85.57M | $93.88M | $100.41M | $105.56M | $111.45M | $122.03M | $98.74M | $76.73M | $140.07M | $123.05M | $104.28M | $- | $42.10M | $- | $- | $- | $- |
Total Debt | $491.85M | $491.25M | $912.00K | $73.26M | $100.34M | $124.47M | $125.89M | $119.90M | $114.39M | $129.31M | $129.06M | $116.56M | $98.72M | $95.62M | $- | $1.08M | $2.65M | $2.69M | $3.94M | $3.97M |
Net Debt | $273.69M | $217.18M | $-23.03M | $-30.84M | $54.52M | $70.03M | $119.29M | $111.66M | $97.41M | $128.03M | $124.59M | $115.64M | $95.14M | $52.17M | $-1.50M | $-30.64M | $-1.77M | $-1.01M | $435.70K | $991.76K |
Annual Cash Flow
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Net Income | $-72.42M | $-73.42M | $-90.79M | $-46.58M | $-439.32K |
Depreciation and Amortization | $61.18M | $29.35M | $6.97M | $52.00K | $698.05K |
Deferred Income Tax | $- | $- | $-256.00K | $-615.00K | $-549.26K |
Stock Based Compensation | $30.93M | $5.86M | $1.57M | $- | $13.64M |
Change in Working Capital | $-10.10M | $-10.51M | $13.16M | $11.04M | $520.39K |
Accounts Receivables | $- | $- | $- | $- | $97.42K |
Inventory | $- | $- | $- | $- | $535.56K |
Accounts Payables | $740.00K | $-7.27M | $10.20M | $9.73M | $-301.81K |
Other Working Capital | $-8.07M | $-3.23M | $2.96M | $1.31M | $189.21K |
Other Non Cash Items | $-34.01M | $52.98M | $35.28M | $2.38M | $-113.02K |
Net Cash Provided by Operating Activities | $-24.42M | $4.26M | $-34.07M | $-24.10M | $-398.83K |
Investments in Property Plant and Equipment | $- | $-75.17M | $-72.86M | $-109.07M | $-164.83K |
Acquisitions Net | $- | $- | $-46.17M | $-10.28M | $18.30K |
Purchases of Investments | $- | $- | $-57.91M | $-149.97M | $-3.39K |
Sales Maturities of Investments | $153.46M | $- | $11.72M | $67.91M | $2.21M |
Other Investing Activities | $23.32M | $-2.85M | $71.18M | $- | $11.21M |
Net Cash Used for Investing Activities | $-91.16M | $-78.01M | $-94.05M | $-201.41M | $2.06M |
Debt Repayment | $346.71M | $-5.35M | $25.27M | $118.28M | $- |
Common Stock Issued | $188.72M | $135.92M | $47.33M | $153.69M | $- |
Common Stock Repurchased | $-118.22M | $- | $- | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- |
Other Financing Activities | $-82.00M | $-10.70M | $74.28M | $- | $1.07M |
Net Cash Used Provided by Financing Activities | $335.21M | $119.87M | $89.98M | $271.97M | $1.07M |
Effect of Forex Changes on Cash | $- | $- | $- | $-3.69M | $- |
Net Change in Cash | $219.63M | $46.12M | $-38.13M | $42.76M | $2.73M |
Cash at End of Period | $274.06M | $54.44M | $8.32M | $46.45M | $3.69M |
Cash at Beginning of Period | $54.44M | $8.32M | $46.45M | $3.69M | $963.65K |
Operating Cash Flow | $-24.42M | $4.26M | $-34.07M | $-24.10M | $-398.83K |
Capital Expenditure | $-267.94M | $-75.17M | $-72.86M | $-109.07M | $-164.83K |
Free Cash Flow | $-292.36M | $-70.91M | $-106.92M | $-133.17M | $-563.65K |
Cash Flow Charts
Breakdown | March 31, 2025 | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | $-61.42M | $-29.20M | $-41.65M | $-10.88M | $-9.61M | $-10.50M | $-19.10M | $-17.54M | $-26.26M | $-24.95M | $-33.99M | $-13.67M | $-18.18M | $2.25M | $-851.74K | $-4.41M | $-321.64K | $1.46M | $- | $-587.01K |
Depreciation and Amortization | $16.18M | $15.56M | $55.55M | $14.38M | $15.34M | $8.52M | $8.47M | $6.68M | $5.68M | $5.25M | $1.51M | $200.00K | $4.00K | $990.00K | $160.71K | $244.37K | $169.56K | $170.71K | $- | $167.62K |
Deferred Income Tax | $- | $- | $- | $- | $- | $-20.48M | $-216.00K | $3.78M | $- | $-256.00K | $- | $-482.00K | $- | $-615.00K | $- | $- | $-669.59K | $80.98K | $- | $-267.89K |
Stock Based Compensation | $38.67M | $16.75M | $14.09M | $4.84M | $6.93M | $1.84M | $1.41M | $1.73M | $876.00K | $518.00K | $568.00K | $482.00K | $- | $12.54M | $- | $- | $37.49K | $16.36K | $- | $3.69K |
Change in Working Capital | $- | $-5.81M | $-952.00K | $-2.44M | $-5.68M | $-664.00K | $-2.69M | $-4.07M | $-3.08M | $9.14M | $11.77M | $1.47M | $-9.22M | $8.71M | $-151.23K | $-449.00K | $885.95K | $-199.94K | $- | $267.89K |
Accounts Receivables | $- | $608.00K | $105.51K | $-886.00K | $-667.00K | $1.72M | $- | $- | $- | $- | $- | $- | $- | $- | $-199.06K | $-117.88K | $775.10K | $-680.00K | $- | $674.55K |
Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-41.69K | $354.09K | $-316.94K | $510.84K | $- | $-408.23K |
Accounts Payables | $13.84M | $241.00K | $-150.06K | $-4.58M | $-1.69M | $-3.34M | $-124.00K | $-1.38M | $-2.44M | $6.62M | $6.06M | $3.58M | $-6.07M | $3.94M | $94.13K | $1.74M | $412.84K | $707 | $- | $1.57K |
Other Working Capital | $- | $-6.66M | $-907.45K | $3.03M | $-3.33M | $950.00K | $-2.57M | $-2.69M | $2.44M | $2.52M | $5.71M | $-2.11M | $-3.15M | $8.71M | $-4.62K | $-2.19M | $14.95K | $-31.48K | $- | $-267.89K |
Other Non Cash Items | $- | $-40.03M | $-8.53M | $10.47M | $20.45M | $32.19M | $14.50M | $9.12M | $14.07M | $9.24M | $16.89M | $3.74M | $5.89M | $-14.18M | $536.20K | $140.00K | $-494.39K | $-692.80K | $- | $-11.58K |
Net Cash Provided by Operating Activities | $56.49M | $-42.72M | $18.51M | $16.38M | $22.85M | $10.89M | $2.38M | $-297.00K | $-8.71M | $-1.06M | $-3.24M | $-8.26M | $-21.51M | $9.31M | $-774.10K | $-4.72M | $771.36K | $231.29K | $- | $-427.28K |
Investments in Property Plant and Equipment | $- | $-153.63M | $20.23K | $-46.60M | $-46.98M | $-33.78M | $-25.40M | $-6.00M | $-9.99M | $-10.57M | $-11.43M | $-17.97M | $-32.89M | $-73.27M | $3.34K | $-30.96M | $-6.79K | $-1.93K | $- | $-135.12K |
Acquisitions Net | $- | $- | $- | $- | $- | $2.85M | $- | $-560.00K | $-2.29M | $-8.18M | $-1.63M | $-17.30M | $-19.07M | $- | $4.80K | $-30.39M | $- | $- | $- | $- |
Purchases of Investments | $- | $- | $- | $- | $- | $2.85M | $- | $-560.00K | $-2.29M | $-8.18M | $-1.75M | $-17.52M | $-30.47M | $- | $- | $- | $- | $1.72M | $- | $- |
Sales Maturities of Investments | $- | $35.46M | $- | $- | $- | $-2.85M | $- | $560.00K | $2.29M | $8.18M | $176.00K | $138.00K | $11.40M | $- | $- | $- | $- | $-490.00K | $- | $1.23M |
Other Investing Activities | $-61.06M | $109.41M | $-82.40M | $- | $-46.98M | $9.60M | $9.60M | $-5.70M | $-3.90M | $-234.00K | $15.25M | $17.52M | $11.40M | $1.17M | $-12.27M | $41.49M | $-6.79K | $-21.09K | $- | $14.87K |
Net Cash Used for Investing Activities | $-61.06M | $-8.76M | $-82.38M | $-46.60M | $-46.98M | $-24.18M | $-25.40M | $-12.26M | $-16.17M | $-18.98M | $616.00K | $-35.13M | $-40.56M | $-72.10M | $8.14K | $-19.86M | $-6.79K | $-1.93K | $- | $1.10M |
Debt Repayment | $- | $105.99M | $-75.83M | $-30.16M | $- | $-6.60M | $- | $- | $1.25M | $-1.56M | $12.13M | $- | $- | $- | $- | $- | $-30.14K | $- | $- | $- |
Common Stock Issued | $- | $- | $15.48M | $122.52M | $50.72M | $78.25M | $21.54M | $5.17M | $30.95M | $10.50M | $2.75M | $27.29M | $6.79M | $25.00M | $5.96K | $27.69K | $- | $- | $- | $- |
Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $-265.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Financing Activities | $-51.33M | $384.34M | $-10.07M | $-3.85M | $-35.20M | $-10.53M | $-163.00K | $-1.36M | $1.34M | $7.69M | $-1.45M | $41.02M | $28.47M | $100.00M | $- | $50.00M | $- | $-36.39K | $- | $-35.68K |
Net Cash Used Provided by Financing Activities | $-51.33M | $301.61M | $-70.43M | $88.50M | $15.52M | $61.13M | $21.38M | $3.81M | $33.55M | $16.63M | $13.43M | $40.72M | $19.20M | $100.00M | $5.96K | $50.00M | $-30.14K | $-36.39K | $- | $-35.68K |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $912.00K | $- | $-912.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Net Change in Cash | $- | $250.13M | $-80.17M | $58.28M | $-8.62M | $47.84M | $-1.65M | $-8.74M | $8.66M | $-3.41M | $10.81M | $-2.66M | $-42.87M | $45.86M | $-760.01K | $25.42M | $734.42K | $192.96K | $- | $641.79K |
Cash at End of Period | $- | $274.06M | $23.94M | $104.11M | $45.82M | $54.44M | $6.59M | $8.24M | $16.99M | $8.32M | $11.73M | $922.00K | $3.59M | $46.45M | $1.50M | $31.72M | $4.43M | $3.69M | $- | $1.61M |
Cash at Beginning of Period | $- | $23.94M | $104.11M | $45.82M | $54.44M | $6.59M | $8.24M | $16.99M | $8.32M | $11.73M | $922.00K | $3.59M | $46.45M | $594.00K | $2.26M | $6.30M | $3.69M | $3.50M | $- | $963.65K |
Operating Cash Flow | $56.49M | $-42.72M | $18.51M | $16.38M | $22.85M | $10.89M | $2.38M | $-297.00K | $-8.71M | $-1.06M | $-3.24M | $-8.26M | $-21.51M | $9.31M | $-774.10K | $-4.72M | $771.36K | $231.29K | $- | $-427.28K |
Capital Expenditure | $- | $-153.63M | $20.23K | $-46.60M | $-46.98M | $-33.78M | $-25.40M | $-6.00M | $-9.99M | $-10.57M | $-11.43M | $-17.97M | $-32.89M | $-73.27M | $3.34K | $-30.96M | $-6.79K | $-1.93K | $- | $-135.12K |
Free Cash Flow | $56.49M | $-196.36M | $18.53M | $-30.22M | $-24.13M | $-22.88M | $-23.02M | $-6.30M | $-18.70M | $-11.63M | $-14.67M | $-26.23M | $-54.40M | $-63.96M | $-770.76K | $-35.68M | $764.57K | $229.35K | $- | $-562.40K |

TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States. It develops, owns, and operates bitcoin mining facility sites. The company operates two bitcoin mining facility sites located in New York and Pennsylvania. TeraWulf Inc. is based in Easton, Maryland.
$3.83
Stock Price
$1.47B
Market Cap
12
Employees
Easton, MD
Location
Revenue (FY 2024)
$140.05M
102.3% YoY
Net Income (FY 2024)
$-72.42M
1.4% YoY
EPS (FY 2024)
$-0.21
40.0% YoY
Free Cash Flow (FY 2024)
$-292.36M
-312.3% YoY
Profitability
Gross Margin
55.3%
Net Margin
-51.7%
ROE
-29.6%
ROA
-9.2%
Valuation
P/E Ratio
-27.46
P/S Ratio
14.20
EV/EBITDA
-126.70
Market Cap
$1.47B
Revenue & Net Income
Profit Margins
Cash Flow Summary
Operating Cash Flow
$-24.42M
-672.9% YoY
Free Cash Flow
$-292.36M
-312.3% YoY
Balance Sheet Summary
Total Assets
$787.51M
108.3% YoY
Total Debt
$491.25M
294.7% YoY
Shareholder Equity
$244.44M
-34.3% YoY
Dividend Overview
$5.00
Latest Dividend
%
Dividend Yield
%
Payout Ratio
Recent Dividend History
Date | Amount | Type |
---|---|---|
2021-12-14 | $5.00 | December 14, 21 |
2012-12-18 | $1.00 | December 18, 12 |
TeraWulf Dividends
Explore TeraWulf's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
-
Dividend Payout Ratio
-
Dividend Paid & Capex Coverage Ratio
-0.09x
TeraWulf Dividend History
Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
---|---|---|---|---|---|
$5 | $5 | December 14, 2021 | December 14, 2021 | December 03, 2021 | |
$1 | $1 | December 18, 2012 | December 20, 2012 | December 31, 2012 | December 10, 2012 |
TeraWulf News
Read the latest news about TeraWulf, including recent articles, headlines, and updates.
Why TeraWulf Stock Got Rocked Today
Cryptocurrency mining company TeraWulf (WULF -9.54%) wasn't mining gains for its investors at the close of the stock trading week. Its shares lost more than 9% of their value in Friday's session, due almost entirely to a quarterly earnings report that disappointed the market.

Q1-25 Earnings: TeraWulf's Laughably Bad Quarter
TeraWulf's Q1 2025 report shows a 19% YoY revenue decline and a staggering $59.6 million operating loss, driven by excessive stock-based compensation. The company's break-even Bitcoin price soared to an unrealistic $277k per coin, highlighting severe operational inefficiencies and unsustainable cost structures. Despite a 2.7x price to forward sales multiple at $100k BTC, ongoing dilution and poor capital management make TeraWulf a poor investment choice.

TeraWulf Inc. (WULF) Q1 2025 Earnings Call Transcript
TeraWulf Inc. (NASDAQ:WULF ) Q1 2025 Earnings Conference Call May 9, 2025 8:00 AM ET Company Participants John Larkin - Senior Vice President, Director of Investor Relations Paul Prager - Co-Founder, Chairman and Chief Executive Officer Patrick Fleury - Chief Financial Officer Nazar Khan - Co-Founder and Chief Technology Officer Conference Call Participants Nick Giles - B. Riley Securities Darren Aftahi - ROTH Capital Partners Mike Grondahl - Northland Capital Markets Brett Knoblauch - Cantor Fitzgerald Brian Dobson - Clear Street Stephen Glagola - JonesTrading John Todaro - Needham & Company Chris Brendler - Rosenblatt Securities Martin Toner - ATB Capital Markets Bill Papanastasiou - KBW Joe Flynn - Compass Point Research & Trading Operator Greetings and welcome to the TeraWulf 2025 First Quarter Earnings Conference Call.

TeraWulf: A High-Stakes Q1 For A Miner Evolving Into HPC Hosting
TeraWulf's Q1 earnings report and fiscal year outlook should focus on their strategic shift to hybrid mining, combining Bitcoin mining with HPC hosting for AI hyperscaling. TeraWulf's asset-light approach to HPC hosting, avoiding GPU CapEx and market risks, positions it as a flexible and attractive infrastructure partner. The company's financial flexibility has improved, with significant debt repayment and new funding.

Bitcoin Is Booming, But Miners Like Riot, Iren, Hut 8, TeraWulf Are Flatlining
Bitcoin BTC/USD had a blowout April, rising 15% and closing near $94,300. But for a third straight month, miners with high-performance computing (HPC) ambitions — Iren Ltd IREN, Riot Platforms Inc RIOT, TeraWulf Inc WULF and Hut 8 Corp HUT — seriously lagged.

TeraWulf Schedules Conference Call for First Quarter 2025 Financial Results
EASTON, Md., April 28, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced that it will hold its earnings conference call and webcast for the first quarter ended March 31, 2025 on Friday, May 9, 2025 at 8:00 a.m.

TeraWulf Announces Participation in Upcoming Investor and Industry Conferences
EASTON, Md., April 28, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, next-generation digital infrastructure primarily powered by zero-carbon energy, today announced that various members of senior management will be participating in the following upcoming conferences and events: May 13-15, 2025: JP Morgan Global TMT Conference, Boston, MA May 19-20, 2025: AIM Summit, London May 21-22, 2025: B Riley 25th Annual Investor Conference, Marina del Ray, CA May 27-29, 2025: Bitcoin 2025, Las Vegas, NV June 3-5, 2025: Datacloud Global Congress 2025, Cannes FRA June 10-11, 2025: Rosenblatt Annual Age of AI Summit, Virtual June 24-26, 2025: Roth 15th Annual London Conference, London June 25, 2025: Northland Growth Conference, Virtual About TeraWulf TeraWulf develops, owns, and operates environmentally sustainable, next-generation data center infrastructure in the United States, specifically designed for bitcoin mining and hosting HPC workloads.

Will TeraWulf's HPC Bet Keep The Juice Flowing?
I believe the lack of clarity on Core42's power extension before March 31, 2025 creates significant downside risk, despite management's confidence in finding other customers. While HPC hosting could offer high EBITDA margins, I'm skeptical about near term improvements due to the lack of FY 2025 financial guidance. Furthermore, management's goal of adding 100-150MW of HPC hosting annually lacks concrete expansion plans beyond the Cayuga site integration, making me question their ability to scale as projected.

TeraWulf Announces Participation in Upcoming Conferences and Events
EASTON, Md., March 04, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, next-generation digital infrastructure primarily powered by zero-carbon energy, today announced that various members of senior management will be participating in the following upcoming conferences and events:

Upgrading TeraWulf To Strong Buy After Earnings
TeraWulf's stock surged after Q4 earnings, bouncing off key support levels, indicating strong bullish sentiment despite a prior downtrend. The company's HPC expansion, including a $1 billion Core42 agreement, suggests significant future revenue growth and transformation beyond Bitcoin mining. TeraWulf's fully financed expansion and projected profitability make it an attractive investment, despite dilution and high short interest risks.

TeraWulf Inc. (WULF) Q4 2024 Earnings Call Transcript
TeraWulf Inc. (NASDAQ:WULF ) Q4 2024 Earnings Conference Call February 28, 2025 8:00 AM ET Company Participants John Loftin - Senior Vice President, Director of Investor Relations Paul Prager - Co-Founder, Chairman and Chief Executive Officer Patrick Fleury - Chief Financial Officer Conference Call Participants Nick Giles - B. Riley Securities Mike Grondahl - Northland Capital Markets Darren Aftahi - ROTH Capital Partners Brett Knoblauch - Cantor Fitzgerald Martin Toner - ATB Capital Markets John Todaro - Needham and Company Kevin Cassidy - Rosenblatt Securities Bill Papanastasiou - Stifel Operator Greetings.

TeraWulf: Solid BTC Miner With Upside Potential In Hosting For High-Performance Computing
TeraWulf is transitioning from Bitcoin mining to hosting high-performance computing for AI/ML, leveraging its access to cheap, renewable power. WULF's intrinsic value is estimated at $3.20 per share, with a potential upside of $8.80 if an expanded HPC contract is secured. The BTC mining industry is highly competitive with low margins; WULF is a solid BTC miner for operational efficiency and a strategic pivot to HPC.

TeraWulf Schedules Conference Call for Fourth Quarter and Year End 2024 Financial Results
EASTON, Md., Feb. 19, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced that it will hold its earnings conference call and webcast for the fourth quarter ended December 31, 2024 on Friday, February 28, 2025 at 8:00 a.m.

TeraWulf Announces November 2024 Production and Operations Update
Completed critical electrical upgrades to support Lake Mariner HPC hosting and mining buildings Remain on schedule to deliver 72.5 MW of HPC hosting capacity by the end of Q2 2025 Successfully installed approximately 7,400 state-of-the-art S21 Pro miners Achieved 8.4 EH/s of operational self-mining capacity, a 68% year-over-year increase EASTON, Md., Dec. 03, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today provided its unaudited monthly production and operations update for November 2024.

TeraWulf price target raised to $9.50 from $6 at Needham
Needham raised the firm's price target on TeraWulf to $9.50 from $6 and keeps a Buy rating on the shares. The company's Q3 top-line and EBITDA missed as mining came in lighter than expected, though the firm is adjusting its multiple as TeraWulf is nearer to getting a lease signed, bringing more clarity on HPC near term, the analyst tells investors in a research note.

Similar Companies
Related Metrics
Explore detailed financial metrics and analysis for WULF.