CleanSpark, Inc. (CLSK)

From the record

CleanSpark, Inc.'s filings since 2017 show 9 warning events of 2 kinds: an auditor change (8-K item 4.01, 2 times, the latest 2024-07-03); a late-report notice (Form NT 10-K or NT 10-Q, 7 times, the latest 2024-12-02) (its current reports).

From the record

CleanSpark, Inc.'s 10 filed years say what it did: revenue went from $82 thousand in fiscal 2016 to $766 million in fiscal 2025, up 176.2% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 1 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-09-30, CleanSpark, Inc.'s diluted share count grew about 87.8% a year, and dividends and buybacks returned about 100% of its net income over 3 years (its filed statements). Its officers and directors filed 7 sales (5 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-01 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-09-30, CleanSpark, Inc. earned about 17 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 13 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 32 cents per dollar of assets, and net share issuance: its share count grew 30.1% over the year (the filed statements).

From the record

CleanSpark, Inc.'s standing among 114 graded names in its industry family: revenue of $766 million in fiscal 2025 ranks in the top 16% by size; a net margin of 47.6% ranks in the top 7%; revenue growth of 79.9% a year over the last 3 filed years ranks in the top 17% (its annual reports).

From the record

CleanSpark, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Schultz, S. Matthew (CEO & Chairman, as filed), filing under that title since 2025-09-08, 1.2 years (bottom 44% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 4.9 years (top 46%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (top 48%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

CleanSpark, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $43 million against debt of $645 million leaves -18.9% of its assets as net cash, bottom 9% of its family; cash from operations less capital spending is -79% of revenue (bottom 38%); a gross margin of 55.2% (top 40%) (its annual report).

From the record

CleanSpark, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 79.9% a year over the last three filed years against 176.2% over all 10, slowing (bottom 5% of its family); the newest year grew 102.3% (top 14%); research spending grew -48.4% a year (bottom 15%); capital spending grew 95.7% a year (top 24%) (its annual reports). CleanSpark, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

CleanSpark, Inc.'s newest year against its own record: revenue of $766 million in fiscal 2025 came in 19.2% above the $643 million its prior three years' pace pointed to (top 38% of its family); net income of $364 million against a prior three-year average of $114 million (top 7%); a net margin of 47.6% against -54.7% before (top 15%) (its annual reports).