Cleanspark (CLSK)

CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. We have a suite of software solutions that provide end-to-end microgrid energy modeling, energy market communications, and energy management solutions. Our offerings consist of intelligent energy monitoring and controls, intelligent microgrid design software, middleware communications protocols for the energy industry, energy system engineering, and software consulting services. Through its wholly owned subsidiary ATL Data Centers LLC, CleanSpark owns and operates a data center that provides customers with traditional on-site and cloud-based data center services. The Company also owns and operates a fleet of over 3,400 ASIC (application-specific integrated circuit) Bitcoin miners producing over 200 PH/s in mining capacity. Capacity is expected to increase to over 300 PH/s in mining capacity in early 2021. CleanSpark plans to apply its technologies with a goal of mining bitcoins at the lowest energy prices in the United States .

Company profile

Ticker

CLSK

Exchange

NASDAQ

Website

cleanspark.com

CEO

Zachary K. Bradford

Incorporated

Nevada

Location

Nevada

Fiscal year end

Sep 30

Sector

Professional, Scientific, and Technical Services > Computer Systems Design Services

Industry (SIC)

Services - Computer Integrated Systems Design

Kyndryl • Leidos • CERNER • Godaddy • Parsons • Allscripts Healthcare Solutions • Open Text • Unisys • Caci International Inc. - Registered Shares • Light & Wonder ...

Former names

SMARTDATA CORP, STRATEAN INC.

SEC CIK

0000827876

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

ATL Data Centers LLC • CleanBlok, Inc. • CleanSpark, LLC • CleanSpark II, LLC • CleanSpark Critical Power Systems, Inc. • Solar Watt Solutions, Inc. • GridFabric, LLC • p2klabs, Inc. ...

CLSK stock data

1M 1Y 5Y

News

From Benzinga Pro

Why Invitae Climbed Around 279%; Here Are 98 Biggest Movers From Yesterday

11 Aug 22

Gainers Invitae Corporation (NYSE: NVTA) surged 278.5% to close at $8.63 after the company reported better-than-expected Q2 EPS.

Recap: Cleanspark Q3 Earnings

9 Aug 22

Cleanspark (NASDAQ:CLSK) reported its Q3 earnings results on Tuesday, August 9, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Cleanspark posted an EPS of $-0.39.

Cleanspark Q3 EPS $(0.39) Misses $(0.08) Estimate, Sales $31.00M Miss $36.00M Estimate

9 Aug 22

Cleanspark (NASDAQ:CLSK) reported quarterly losses of $(0.39) per share which missed the analyst consensus estimate of $(0.08) by 387.5 percent. This is a 2.63 percent decrease over losses of $(0.38) per share from the

CleanSpark Acquires An Active Bitcoin Mining Facility In Washington, Georgia, For $16.2M

9 Aug 22

Earnings Scheduled For August 9, 2022

9 Aug 22

Press releases

From Benzinga Pro

Thinking about buying stock in Veru, CleanSpark, Moneylion, Vizio, or FuelCell Energy?

11 Aug 22

NEW YORK, Aug. 11, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for VERU, CLSK, ML, VZIO, and FCEL.

CleanSpark Reports Third Quarter FY2022 Financial Results

9 Aug 22

Third quarter revenue of $31.0 million, net GAAP loss of $(29.3) million and Adjusted EBITDA of $15.2 million; Mined 964 Bitcoin and Increased Hashrate by 22%; Increases 2023 Year-end Hashrate Guidance to 22.4 EH/s LAS

CleanSpark Acquires Plug-in Ready Bitcoin Mining Facility Scalable to 86 Megawatts, or 2.6 EH/s

9 Aug 22

LAS VEGAS, Aug. 09, 2022 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (NASDAQ:CLSK) (the "Company"), America's Bitcoin Miner™, today announced it has entered into a definitive agreement to acquire an active bitcoin

CleanSpark Executives to Discuss Fiscal Third Quarter 2022 Financial Results Via Webcast

29 Jul 22

CleanSpark Acquires Contract for Best-in-class Mining Machines, Partners with TMGcore to Expand Immersion-cooled Operations

16 Jun 22

Analyst ratings and price targets

Last 3 months

Average target

$11.00

Low target

$10.00

High target

$12.00

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

10 May 22

12 Aug 22

30 Sep 22

Financial summary

Financial statements Chart CLSK financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Sep 21	Sep 20	Sep 19	Sep 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.91M	1.91M	1.91M	1.91M	1.91M	1.91M
Cash burn (monthly)	1.47M	12.95M	(no burn)	1.01M	4.19M	4.77M
Cash used (since last report)	6.47M	57.01M	n/a	4.46M	18.46M	21.02M
Cash remaining	-4.56M	-55.1M	n/a	-2.54M	-16.55M	-19.11M
Runway (months of cash)	-3.1	-4.3	n/a	-2.5	-3.9	-4.0

Beta Read what these cash burn values mean

Financial data from Cleanspark earnings reports.

Recent insider trades

CLSK insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
14 Apr 22	Wood Thomas Leigh	Common Stock	Grant	Acquire A	No	No	0	3,364	0	17,891
18 Feb 22	Wood Thomas Leigh	Common Stock	Grant	Acquire A	No	No	0	1,874	0	14,527
17 Feb 22	Gary Anthony Vecchiarelli	Common Stock	Buy	Acquire P	No	No	10.25	4,400	45.1K	77,757
16 Feb 22	Gary Anthony Vecchiarelli	Common Stock	Buy	Acquire P	No	No	11.18	3,357	37.53K	73,357
16 Feb 22	Schultz S. Matthew	Common Stock	Gift	Dispose G	No	No	0	25,000	0	273,000
14 Feb 22	Wood Thomas Leigh	Common Stock	Buy	Acquire P	Yes	No	8.7	15,000	130.5K	60,196

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

CLSK institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: affirmative, answer, attempt, bankruptcy, Clara, colocation, consumed, County, declared, declaring, default, deposit, discovery, dismissal, disposal, disposed, explore, fundable, half, kilowatt, Lancium, leave, lending, lesser, misrepresentation, MW, MWs, negligent, ninety, opportunistically, opposition, Pathion, perpetual, predecessor, purportedly, reply, Santa, sought, streamline, Superior, timeline, Trinity, yield

Removed: build, continuing, formed, hourly, manner, milestone, proforma, projected, registered, registration

From filing 10-Q 2022 Q2

Financial reports

View all