Sector: Technology | Industry: Blockchain & Cryptocurrency |
Company Contact | |
Address: | 320-638 Broughton St Vancouver BC V6G 3K3 |
Tel: | N/A |
Website: | https://www.cathedra.com |
IR: | See website |
Key People | ||
N/A |
Business Overview |
Cathedra Bitcoin Inc. is a Canada-based diversified bitcoin mining company. The Company has diversified bitcoin mining operations, which produce 382 Peta hashes per second (PH/s) across three states and five locations in the United States. The Company is focused on managing and expanding its portfolio of hash rate through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions. |
Financial Overview |
For the fiscal year ended 31 December 2023, Cathedra Bitcoin Inc revenues increased 24% to C$10.9M. Net loss decreased 88% to C$5.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Write down of mining equipment decrease from C$26.7M (expense) to C$0K, Gain on settlement of debt decrease from C$39K (expense) to C$5.5M (income). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $28.41M as of Dec 31, 2023 |
Annual revenue (TTM): | $10.92M as of Dec 31, 2023 |
EBITDA (TTM): | $1.80M as of Dec 31, 2023 |
Net annual income (TTM): | -$5.48M as of Dec 31, 2023 |
Free cash flow (TTM): | -$8.19M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $4.78M as of Dec 31, 2023 |
Shares outstanding: | 237,199,034 as of Feb 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |