Riot Platforms (BMV:RIOT *) - Stock Price, News & Analysis

RIOT * Stock Overview

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America.

RIOT * fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	5/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Earnings are forecast to grow 45.13% per year

Risk Analysis

Shareholders have been substantially diluted in the past year

Highly volatile share price over the past 3 months

Significant insider selling over the past 3 months

Riot Platforms, Inc. Competitors

Lightspeed Commerce

TSX:LSPD

CA$2.7b

Geovis TechnologyLtd

SHSE:688568

CN¥21.1b

Sinch

OM:SINCH

kr20.8b

Life360

ASX:360

AU$2.7b

Price History & Performance

Summary of all time highs, changes and price drops for Riot Platforms
Historical stock prices
Current Share Price	US$135.01
52 Week High	US$345.00
52 Week Low	US$135.00
Beta	4.18
1 Month Change	-27.85%
3 Month Change	-23.00%
1 Year Change	-31.47%
3 Year Change	-81.62%
5 Year Change	n/a
Change since IPO	-71.58%

Recent updates

Shareholder Returns

	RIOT *	MX Software	MX Market
7D	-15.6%	0%	0%
1Y	-31.5%	0%	0%

Return vs Industry: RIOT * underperformed the MX Software industry which returned 30.9% over the past year.

Return vs Market: RIOT * underperformed the MX Market which returned 1.2% over the past year.

Price Volatility

Is RIOT *'s price volatile compared to industry and market?
RIOT * volatility
RIOT * Average Weekly Movement	13.6%
Software Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in MX Market	0%
10% least volatile stocks in MX Market	0%

Stable Share Price: RIOT *'s share price has been volatile over the past 3 months.

Volatility Over Time: RIOT *'s weekly volatility (14%) has been stable over the past year, but is still higher than 75% of MX stocks.

About the Company

Founded	Employees	CEO	Website
1998	534	Jason Les	www.riotplatforms.com

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

Riot Platforms, Inc. Fundamentals Summary

How do Riot Platforms's earnings and revenue compare to its market cap?
RIOT * fundamental statistics
Market cap	Mex$34.30b
Earnings (TTM)	-Mex$839.80m
Revenue (TTM)	Mex$4.76b

7.2x

P/S Ratio

-40.8x

P/E Ratio

Is RIOT * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RIOT * income statement (TTM)
Revenue	US$280.68m
Cost of Revenue	US$254.33m
Gross Profit	US$26.35m
Other Expenses	US$75.82m
Earnings	-US$49.47m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.20
Gross Margin	9.39%
Net Profit Margin	-17.63%
Debt/Equity Ratio	0.04%

How did RIOT * perform over the long term?

See historical performance and comparison

RIOT * Stock Overview

Rewards

Risk Analysis

Riot Platforms, Inc. Competitors

TSX:LSPD

CA$2.7b

SHSE:688568

CN¥21.1b

OM:SINCH

kr20.8b

ASX:360

AU$2.7b

Price History & Performance

Recent News & Updates

Senior VP & Chief Accounting Officer recently sold Mex$6.5m worth of stock

Independent Director recently sold Mex$4.5m worth of stock

Forecast to breakeven in 2025

New minor risk - Profitability

Full year 2023 earnings released: US$0.28 loss per share (vs US$3.65 loss in FY 2022)

New major risk - Revenue and earnings growth

Recent updates

Senior VP & Chief Accounting Officer recently sold Mex$6.5m worth of stock

Independent Director recently sold Mex$4.5m worth of stock

Forecast to breakeven in 2025

New minor risk - Profitability

Full year 2023 earnings released: US$0.28 loss per share (vs US$3.65 loss in FY 2022)

New major risk - Revenue and earnings growth

Forecast to breakeven in 2025

New minor risk - Profitability

Third quarter 2023 earnings released: US$0.25 loss per share (vs US$0.24 loss in 3Q 2022)

Riot Platforms, Inc. to Report Q3, 2023 Results on Nov 08, 2023

No longer forecast to breakeven

Lead Independent Director recently sold Mex$11m worth of stock

Second quarter 2023 earnings released: US$0.17 loss per share (vs US$2.70 loss in 2Q 2022)

Forecast to breakeven in 2025

Chief Financial Officer recently sold Mex$9.8m worth of stock

First quarter 2023 earnings released: US$0.33 loss per share (vs US$0.30 profit in 1Q 2022)

Full year 2022 earnings released: US$3.65 loss per share (vs US$0.085 loss in FY 2021)

Riot Platforms, Inc. Announces Termination of Chad Everett Harris as Chief Commercial Officer

No longer forecast to breakeven

Insider recently sold Mex$2.0m worth of stock

Executive VP & Chief Commercial Officer recently sold Mex$6.2m worth of stock

Forecast breakeven date pushed back to 2024

Third quarter 2022 earnings released: US$0.24 loss per share (vs US$0.16 loss in 3Q 2021)

Riot Blockchain, Inc. to Report Q3, 2022 Results on Nov 09, 2022

Riot Announces Groundbreaking at 1 GW Data Center Facility in Corsicana, Navarro County, Texas

Riot Blockchain, Inc. Reports Impairment to Goodwill

Riot Blockchain, Inc. announced delayed 10-Q filing

Investor sentiment improved over the past week

Riot Blockchain, Inc. to Report Q2, 2022 Results on Aug 09, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Riot Blockchain, Inc., Annual General Meeting, Jul 27, 2022

Investor sentiment deteriorated over the past week

Riot Blockchain, Inc. Announces Jason Chung as Head of Corporate Development

Riot Blockchain Announces CFO Transition Plan

High number of new and inexperienced directors

Riot Blockchain, Inc. announced delayed annual 10-K filing

Riot Blockchain, Inc. Hires Ashley Lewis as Director of IT

Riot Blockchain, Inc. Announces Operations Updates

Lead Independent Director recently sold Mex$5.0m worth of stock

Riot Blockchain, Inc. (NasdaqCM:RIOT) acquired Ferrie Franzmann Industries, LLC (ESS Metron) from Steven R. Ferrie and David P. Franzmann for $51.7 million.

Third quarter 2021 earnings released: US$0.16 loss per share (vs US$0.038 loss in 3Q 2020)

High number of new and inexperienced directors

Riot Blockchain Announces Operations Updates

Riot Blockchain, Inc. announced delayed 10-Q filing

Riot Blockchain, Inc.(NasdaqCM:RIOT) dropped from Russell Microcap Growth Index

Key Executive recently sold Mex$31m worth of stock

Mogo Inc. (TSX:MOGO) completed the acquisition of an unknown minority stake in Coinsquare Ltd. from Riot Blockchain, Inc. (NasdaqCM:RIOT) for CAD 16.6 million

Riot Blockchain, Inc. (NasdaqCM:RIOT) completed the acquisition of Whinstone US, LLC from Northern Data AG (DB:NB2).

First quarter 2021 earnings released: EPS US$0.091 (vs US$0.15 loss in 1Q 2020)

Mogo Inc. (TSX:MOGO) entered into a binding term sheet to acquire an unknown minority stake in Coinsquare Ltd. from Riot Blockchain, Inc. (NasdaqCM:RIOT).

Full year 2020 earnings released: US$0.30 loss per share (vs US$1.02 loss in FY 2019)

Riot Blockchain, Inc. Announces an Operations Update on Unaudited Bitcoin Production Update through February 2021 and Updated Miner Acquisition and Delivery Activity

Riot Blockchain, Inc. Announces Deployment of 2,002 S19 Pro Antminers

Riot Blockchain, Inc. Appoints Mr. Jeffrey Mcgonegal as Chief Financial Officer

Riot Blockchain, Inc. Announces Executive Changes

Shareholder Returns

Price Volatility

About the Company