8.34%
-22.07%
-34.88%
0.00%
-47.78%
-21.09%
54.91%

Company Description

CleanSpark, Inc.provides bitcoin mining and energy technology solutions worldwide.It operates in two segments, Digital Currency Mining and Energy.


The Digital Currency Mining segment engages in mining of bitcoin.The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers; and develops platforms that enables designing, building, operating, and managing of energy assets.This segment also offers microgrid energy modeling, energy market communications, and energy management solutions comprising mPulse and mVoult, which are control platforms that enables integration and optimization of multiple energy sources; Canvas, a middleware for grid operators and aggregators to administrate load shifting programs; Plaid, a middleware for controls and Internet-of-Things products companies to participate in load shifting programs; and mVSO, an energy modeling software for internal microgrid design, as well as owns gasification energy technologies for various applications, such as feedstock for the generation of di-methyl ether.


In addition, it provides design, software development, and other technology-based consulting services; data center services, including rack space, power, and equipment; and various cloud services, such as virtual, virtual storage, and data backup services.The company was formerly known as Stratean Inc.and changed its name to CleanSpark, Inc.


in November 2016.CleanSpark, Inc.was incorporated in 1987 and is headquartered in Henderson, Nevada.

Market Data

Last Price 8.83
Change Percentage 8.34%
Open 8.02
Previous Close 8.15
Market Cap ( Millions) 2480
Volume 23415050
Year High 24.72
Year Low 7.22
M A 50 10.03
M A 200 12.54

Financial Ratios

FCF Yield -41.84%
Dividend Yield 0.00%
ROE 4.52%
Debt / Equity 0.36%
Net Debt / EBIDTA -95.85%
Price To Book 1.24
Price Earnings Ratio 33.45
Price To FCF -2.39
Price To sales 5.3
EV / EBITDA 7.86

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Bitcoin Mining

Expected Growth : 25.47 %

What the company do ?

CleanSpark, Inc.'s Bitcoin Mining involves solving complex math problems to validate transactions, earning new Bitcoins, and utilizing renewable energy to reduce environmental impact.

Why we expect these perspectives ?

CleanSpark's 25.47% growth in Bitcoin mining is driven by increasing adoption of renewable energy sources, reducing operational costs, and strategic expansion into new mining facilities. Additionally, the company's focus on energy efficiency, advanced mining technologies, and a strong balance sheet have contributed to its rapid growth.

Segment nΒ°2 -> Other Services

Expected Growth : 14.07 %

What the company do ?

CleanSpark, Inc.'s Other Services segment provides energy management and microgrid solutions, including engineering, procurement, and construction services for energy storage and solar projects.

Why we expect these perspectives ?

CleanSpark's 14.07% growth in Other Services is driven by increasing demand for its energy-efficient solutions, expansion into new markets, and strategic partnerships. The company's focus on sustainability and energy management has resonated with customers, leading to increased adoption of its services. Additionally, its investments in digital transformation and data analytics have enhanced its service offerings, further contributing to growth.

Cleanspark, Inc. Products

Product Range What is it ?
MicroGrid A comprehensive energy management system that integrates multiple energy sources, including solar, wind, and energy storage, to provide reliable and efficient power.
mPulse An advanced energy management and monitoring platform that provides real-time data and analytics to optimize energy efficiency and reduce energy waste.
Smart Metering An advanced metering infrastructure that provides real-time energy usage data and analytics to utilities, municipalities, and commercial customers.
Energy Storage A range of energy storage solutions, including batteries and other technologies, designed to optimize energy efficiency and reduce energy costs.
Solar and Renewable Energy A range of solar and renewable energy solutions, including solar panels, wind turbines, and other technologies, designed to reduce carbon emissions and increase energy independence.

CleanSpark, Inc.'s Porter Forces

CleanSpark, Inc. operates in the renewable energy industry, which has a moderate threat of substitutes. While there are alternative energy sources, the company's focus on solar energy and energy storage systems provides a competitive advantage.

CleanSpark, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. The company's products and services are also highly customized, making it difficult for customers to switch to alternative suppliers.

CleanSpark, Inc. relies on a few key suppliers for its solar panels and energy storage systems. While the company has some bargaining power due to its volume purchases, suppliers still have some leverage in negotiations.

The renewable energy industry is rapidly growing, and new entrants are attracted to the market. CleanSpark, Inc. faces a high threat of new entrants, which could lead to increased competition and pricing pressure.

The renewable energy industry is highly competitive, with many established players and new entrants vying for market share. CleanSpark, Inc. faces intense rivalry from competitors, which could lead to pricing pressure and reduced profit margins.

Capital Structure

Value
Debt Weight 2.41%
Debt Cost 17.67%
Equity Weight 97.59%
Equity Cost 24.41%
WACC 24.24%
Leverage 2.47%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
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CXM Sprinklr, Inc. provides enterprise cloud software products worldwide. The company offers Unified Customer Experience Management platform, a purpose-built to analyze unstructured customer experience data, built to scale across future and …
ASAN Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. The company's platform enables teams to orchestrate …
PWSC PowerSchool Holdings, Inc. provides cloud-based software to the K-12 education market. Its solution is embedded in school workflows and is used on daily basis by educators, students, administrators, and parents …
DAY Dayforce Inc., together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally. It offers Dayforce, a cloud HCM platform that …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
8.83$
Current Price
8.83$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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