TeraWulf Inc.

NasdaqCM:WULF Stock Report

Market Cap: US$2.6b

TeraWulf Management

Management criteria checks 3/4

TeraWulf's CEO is Paul Prager, appointed in Feb 2021, has a tenure of 3.83 years. total yearly compensation is $2.39M, comprised of 39.7% salary and 60.3% bonuses, including company stock and options. directly owns 1.23% of the company’s shares, worth $31.38M. The average tenure of the management team and the board of directors is 2.6 years and 3.1 years respectively.

Key information

Paul Prager

Chief executive officer

US$2.4m

Total compensation

CEO salary percentage39.7%
CEO tenure3.8yrs
CEO ownership1.2%
Management average tenure2.6yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

TeraWulf Inc. (NASDAQ:WULF) Stocks Shoot Up 37% But Its P/S Still Looks Reasonable

Nov 17
TeraWulf Inc. (NASDAQ:WULF) Stocks Shoot Up 37% But Its P/S Still Looks Reasonable

US$9.19 - That's What Analysts Think TeraWulf Inc. (NASDAQ:WULF) Is Worth After These Results

Nov 15
US$9.19 - That's What Analysts Think TeraWulf Inc. (NASDAQ:WULF) Is Worth After These Results

TeraWulf Inc. (NASDAQ:WULF) Released Earnings Last Week And Analysts Lifted Their Price Target To US$6.57

Aug 16
TeraWulf Inc. (NASDAQ:WULF) Released Earnings Last Week And Analysts Lifted Their Price Target To US$6.57

TeraWulf Inc. (NASDAQ:WULF) Stocks Pounded By 30% But Not Lagging Industry On Growth Or Pricing

Aug 03
TeraWulf Inc. (NASDAQ:WULF) Stocks Pounded By 30% But Not Lagging Industry On Growth Or Pricing

TeraWulf (NASDAQ:WULF) Is Making Moderate Use Of Debt

Jul 12
TeraWulf (NASDAQ:WULF) Is Making Moderate Use Of Debt

Market Participants Recognise TeraWulf Inc.'s (NASDAQ:WULF) Revenues Pushing Shares 85% Higher

Jun 15
Market Participants Recognise TeraWulf Inc.'s (NASDAQ:WULF) Revenues Pushing Shares 85% Higher

TeraWulf: Breakout Is Likely To Continue

Jun 12

Investors Appear Satisfied With TeraWulf Inc.'s (NASDAQ:WULF) Prospects

Mar 21
Investors Appear Satisfied With TeraWulf Inc.'s (NASDAQ:WULF) Prospects

Here's Why TeraWulf (NASDAQ:WULF) Can Afford Some Debt

Feb 14
Here's Why TeraWulf (NASDAQ:WULF) Can Afford Some Debt

TeraWulf: The Competition Just Got More Intense

Jan 12

Analysts Just Made A Sizeable Upgrade To Their TeraWulf Inc. (NASDAQ:WULF) Forecasts

Jan 10
Analysts Just Made A Sizeable Upgrade To Their TeraWulf Inc. (NASDAQ:WULF) Forecasts

What You Need To Know About The TeraWulf Inc. (NASDAQ:WULF) Analyst Downgrade Today

Aug 16
What You Need To Know About The TeraWulf Inc. (NASDAQ:WULF) Analyst Downgrade Today

TeraWulf increases operating capacity, announces $17M of new capital

Oct 10

TeraWulf announces operation of nearly 12,000 miners

Sep 19

TeraWulf reports Q2 results

Aug 15

CEO Compensation Analysis

How has Paul Prager's remuneration changed compared to TeraWulf's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$55m

Jun 30 2024n/an/a

-US$51m

Mar 31 2024n/an/a

-US$58m

Dec 31 2023US$2mUS$951k

-US$74m

Sep 30 2023n/an/a

-US$88m

Jun 30 2023n/an/a

-US$102m

Mar 31 2023n/an/a

-US$98m

Dec 31 2022US$758kUS$741k

-US$87m

Sep 30 2022n/an/a

-US$100m

Jun 30 2022n/an/a

-US$73m

Mar 31 2022n/an/a

-US$64m

Dec 31 2021US$674kUS$612k

-US$51m

Compensation vs Market: Paul's total compensation ($USD2.39M) is below average for companies of similar size in the US market ($USD6.65M).

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

CEO

Paul Prager (64 yo)

3.8yrs

Tenure

US$2,394,178

Compensation

Mr. Paul B. Prager serves as Chairman and Chief Executive Officer at Terawulf Inc. since February 2021 and also serves as its Co-Founder. A graduate of the U.S. Naval Academy, Mr. Prager has extensive inve...

Leadership Team

NamePositionTenureCompensationOwnership
Paul Prager
Co-Founder3.8yrsUS$2.39m1.23%
$ 31.4m
Patrick Fleury
Chief Financial Officer2.6yrsUS$1.52m0.72%
$ 18.5m
Kerri Langlais
Chief Strategy Officer & Executive Director3.8yrsUS$1.54m1%
$ 25.6m
Nazar Khan
Co-Founder3.8yrsUS$327.75k6.53%
$ 166.7m
Sean Farrell
Chief Operating Officerless than a yearno datano data
Kenneth Deane
Chief Accounting Officer & Treasurer2.6yrsUS$1.33m0.13%
$ 3.2m
John Larkin
Senior VP & Director of Investor Relationsless than a yearno datano data
Stephanie Fleischmann
General Counselno datano datano data
Jason Assad
Director of Corporate Communicationsno datano datano data
Claude Piguet
Executive Vice President of IKONICSno dataUS$521.45kno data
Kenneth Hegman
Chief Operating Officer of IKONICSno dataUS$523.02kno data
Glenn Sandgren
Chief Executive Officer at IKONICSno dataUS$964.34kno data

2.6yrs

Average Tenure

53.5yo

Average Age

Experienced Management: WULF's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Paul Prager
Co-Founder3.8yrsUS$2.39m1.23%
$ 31.4m
Kerri Langlais
Chief Strategy Officer & Executive Director2.8yrsUS$1.54m1%
$ 25.6m
Nazar Khan
Co-Founder3.8yrsUS$327.75k6.53%
$ 166.7m
William Ulland
Director of IKONICSno dataUS$28.00kno data
Lockwood Carlson
Director of IKONICSno dataUS$62.74kno data
Lisa Prager
Director3.1yrsUS$154.64k0.058%
$ 1.5m
Amanda Fabiano
Independent Directorless than a yearno data0.0030%
$ 76.3k
Walter Carter
Independent Director3.1yrsUS$175.00k0.070%
$ 1.8m
Catherine Motz
Independent Director3.1yrsUS$150.00k0.054%
$ 1.4m
Steven Pincus
Lead Independent Director3.1yrsUS$220.37k0.077%
$ 2.0m
Michael Bucella
Independent Director2.8yrsUS$150.00k0.051%
$ 1.3m
Christopher Jarvis
Independent Directorless than a yearno data0.0030%
$ 76.3k

3.1yrs

Average Tenure

62.5yo

Average Age

Experienced Board: WULF's board of directors are considered experienced (3.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 22:48
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

TeraWulf Inc. is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lucas PipesB. Riley Securities, Inc.
Joshua SieglerCantor Fitzgerald & Co.
Brett KnoblauchCantor Fitzgerald & Co.