CleanSpark, Inc.

NasdaqCM:CLSK Stock Report

Market Cap: US$3.2b

CleanSpark Management

Management criteria checks 1/4

CleanSpark's CEO is Zach Bradford, appointed in Dec 2016, has a tenure of 8.08 years. total yearly compensation is $15.44M, comprised of 5.2% salary and 94.8% bonuses, including company stock and options. directly owns 0.9% of the company’s shares, worth $29.02M. The average tenure of the management team and the board of directors is 1 years and 7.6 years respectively.

Key information

Zach Bradford

Chief executive officer

US$15.4m

Total compensation

CEO salary percentage5.2%
CEO tenure8.1yrs
CEO ownership0.9%
Management average tenure1yr
Board average tenure7.6yrs

Recent management updates

Recent updates

CleanSpark's Summer Buying Spree

Oct 02

CleanSpark, Inc.'s (NASDAQ:CLSK) Stock Retreats 34% But Revenues Haven't Escaped The Attention Of Investors

Aug 18
CleanSpark, Inc.'s (NASDAQ:CLSK) Stock Retreats 34% But Revenues Haven't Escaped The Attention Of Investors

CleanSpark, Inc.'s (NASDAQ:CLSK) Price In Tune With Revenues

Jul 04
CleanSpark, Inc.'s (NASDAQ:CLSK) Price In Tune With Revenues

CleanSpark May Benefit From The Bitcoin Halving Event

Apr 01

CleanSpark, Inc.'s (NASDAQ:CLSK) 145% Jump Shows Its Popularity With Investors

Feb 28
CleanSpark, Inc.'s (NASDAQ:CLSK) 145% Jump Shows Its Popularity With Investors

CleanSpark To Benefit From SEC Decision - But Not Necessarily Right Now

Jan 15

With CleanSpark, Inc. (NASDAQ:CLSK) It Looks Like You'll Get What You Pay For

Jan 04
With CleanSpark, Inc. (NASDAQ:CLSK) It Looks Like You'll Get What You Pay For

Health Check: How Prudently Does CleanSpark (NASDAQ:CLSK) Use Debt?

Sep 22
Health Check: How Prudently Does CleanSpark (NASDAQ:CLSK) Use Debt?

We Think CleanSpark (NASDAQ:CLSK) Has A Fair Chunk Of Debt

Jun 21
We Think CleanSpark (NASDAQ:CLSK) Has A Fair Chunk Of Debt

A Piece Of The Puzzle Missing From CleanSpark, Inc.'s (NASDAQ:CLSK) 69% Share Price Climb

Apr 17
A Piece Of The Puzzle Missing From CleanSpark, Inc.'s (NASDAQ:CLSK) 69% Share Price Climb

It's Unlikely That CleanSpark, Inc.'s (NASDAQ:CLSK) CEO Will See A Huge Pay Rise This Year

Mar 02
It's Unlikely That CleanSpark, Inc.'s (NASDAQ:CLSK) CEO Will See A Huge Pay Rise This Year

CleanSpark bitcoin production climbs 13% in September, sells 380 BTC

Oct 04

Be Ready To Add CleanSpark When Fed Signals Pivot

Sep 28

CleanSpark: The Current Bitcoin Environment And Company Updates

Sep 16

CleanSpark acquires 10K more bitcoin mining machines for $28M

Sep 07

CEO Compensation Analysis

How has Zach Bradford's remuneration changed compared to CleanSpark's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024US$15mUS$800k

-US$149m

Jun 30 2024n/an/a

-US$156m

Mar 31 2024n/an/a

US$66m

Dec 31 2023n/an/a

-US$76m

Sep 30 2023US$7mUS$600k

-US$134m

Jun 30 2023n/an/a

-US$104m

Mar 31 2023n/an/a

-US$106m

Dec 31 2022n/an/a

-US$86m

Sep 30 2022US$27mUS$500k

-US$40m

Jun 30 2022n/an/a

US$2m

Mar 31 2022n/an/a

US$5m

Dec 31 2021n/an/a

US$14m

Sep 30 2021US$15mUS$500k

-US$8m

Jun 30 2021n/an/a

-US$17m

Mar 31 2021n/an/a

-US$11m

Dec 31 2020n/an/a

-US$29m

Sep 30 2020US$2mUS$335k

-US$23m

Jun 30 2020n/an/a

-US$28m

Mar 31 2020n/an/a

-US$24m

Dec 31 2019n/an/a

-US$26m

Sep 30 2019US$430kn/a

-US$26m

Jun 30 2019n/an/a

-US$52m

Mar 31 2019n/an/a

-US$55m

Dec 31 2018n/an/a

-US$48m

Sep 30 2018US$195kn/a

-US$47m

Compensation vs Market: Zach's total compensation ($USD15.44M) is above average for companies of similar size in the US market ($USD6.61M).

Compensation vs Earnings: Zach's compensation has increased whilst the company is unprofitable.

CEO

Zach Bradford (38 yo)

8.1yrs

Tenure

US$15,441,582

Compensation

Mr. Zachary K. Bradford, also known as Zach, serves as President and Director of CleanSpark, Inc. since December 29, 2016 and March 6, 2014 respectively. He also serves as the Chief Executive Officer of Cl...

Leadership Team

NamePositionTenureCompensationOwnership
S. Schultz
Executive Chairman10.8yrsUS$13.90m0.93%
$ 30.3m
Zachary Bradford
CEO, President & Director8.1yrsUS$15.44m0.90%
$ 29.0m
Gary Vecchiarelli
Chief Financial Officer3.1yrsUS$2.02m0.19%
$ 6.0m
Scott Garrison
Chief Operating Officerless than a yearUS$2.94m0.034%
$ 1.1m
Taylor Monnig
Chief Technology Officerless than a yearUS$2.49m0.044%
$ 1.4m
Brian Carson
Chief Accounting Officerless than a yearno data0.0043%
$ 139.5k
Brittany Moore
Director of Investor Relationsno datano datano data
Natasha Betancourt
Chief of Staff3.7yrsno datano data
Bradley Audiss
Senior Vice President of Operations1yrno datano data
Harry Sudock
Senior Vice President1yrno datano data

1.0yrs

Average Tenure

46yo

Average Age

Experienced Management: CLSK's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
S. Schultz
Executive Chairman10.8yrsUS$13.90m0.93%
$ 30.3m
Zachary Bradford
CEO, President & Director10.8yrsUS$15.44m0.90%
$ 29.0m
Larry McNeill
Lead Independent Director10yrsUS$320.00k0.087%
$ 2.8m
Roger Beynon
Independent Director5.3yrsUS$320.00k0.048%
$ 1.6m
Thomas Wood
Independent Director5.3yrsUS$320.00k0.067%
$ 2.2m
Amanda Cavaleri
Independent Director2.1yrsUS$300.00k0.041%
$ 1.3m

7.6yrs

Average Tenure

56.5yo

Average Age

Experienced Board: CLSK's board of directors are considered experienced (7.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/26 09:26
End of Day Share Price 2025/01/24 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CleanSpark, Inc. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gregory LewisBTIG
Joshua SieglerCantor Fitzgerald & Co.
Brett KnoblauchCantor Fitzgerald & Co.