Cipher Mining Past Earnings Performance
Past criteria checks 0/6
Cipher Mining has been growing earnings at an average annual rate of 29.1%, while the Software industry saw earnings growing at 13.3% annually. Revenues have been growing at an average rate of 112.2% per year.
Key information
29.1%
Earnings growth rate
68.9%
EPS growth rate
| Software Industry Growth | 12.9% |
| Revenue growth rate | 112.2% |
| Return on equity | -7.7% |
| Net Margin | -33.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Cipher Mining makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 152 | -52 | 90 | 0 |
| 30 Jun 24 | 159 | 17 | 90 | 0 |
| 31 Mar 24 | 153 | 19 | 87 | 0 |
| 31 Dec 23 | 127 | -26 | 85 | 0 |
| 30 Sep 23 | 86 | -88 | 82 | 0 |
| 30 Jun 23 | 56 | -10 | 75 | 0 |
| 31 Mar 23 | 25 | -26 | 71 | 0 |
| 31 Dec 22 | 3 | -39 | 71 | 0 |
| 30 Sep 22 | 0 | -63 | 128 | 0 |
| 30 Jun 22 | 0 | -125 | 112 | 0 |
| 31 Mar 22 | 0 | -96 | 96 | 0 |
| 31 Dec 21 | 0 | -79 | 79 | 0 |
Quality Earnings: CIFR * is currently unprofitable.
Growing Profit Margin: CIFR * is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CIFR * is unprofitable, but has reduced losses over the past 5 years at a rate of 29.1% per year.
Accelerating Growth: Unable to compare CIFR *'s earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CIFR * is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (13.5%).
Return on Equity
High ROE: CIFR * has a negative Return on Equity (-7.67%), as it is currently unprofitable.