Cipher Mining Past Earnings Performance
Past criteria checks 2/6
Cipher Mining has been growing earnings at an average annual rate of 38.7%, while the Software industry saw earnings growing at 19.1% annually. Revenues have been growing at an average rate of 182.5% per year. Cipher Mining's return on equity is 2.4%, and it has net margins of 10.5%.
Key information
38.7%
Earnings growth rate
n/a
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 182.5% |
| Return on equity | 2.4% |
| Net Margin | 10.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Cipher Mining Remains An Attractive Bitcoin Miner
Jul 11Cipher Mining: Liquid And Worth A Look
Apr 09Market Participants Recognise Cipher Mining Inc.'s (NASDAQ:CIFR) Revenues Pushing Shares 38% Higher
Mar 22
Cipher Mining: Fast BTC Asset Accumulation Has Started
Mar 12The Cipher Mining Inc. (NASDAQ:CIFR) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
Nov 11Cipher Mining Non-GAAP EPS of -$0.08
Aug 09Revenue & 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 Jun 24 | 159 | 17 | 90 | 0 |
| 31 Mar 24 | 153 | 19 | 87 | 0 |
| 31 Dec 23 | 127 | -26 | 85 | 0 |
| 30 Sep 23 | 86 | -87 | 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 has a high level of non-cash earnings.
Growing Profit Margin: CIFR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CIFR has become profitable over the past 5 years, growing earnings by 38.7% per year.
Accelerating Growth: CIFR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CIFR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (23.9%).
Return on Equity
High ROE: CIFR's Return on Equity (2.4%) is considered low.