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CleanSpark, Inc. (CLSK)

Listed on NASDAQ • Technology / Software - Application
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Overview

CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin. The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers; and develops platforms that enables designing, building, operating, and managing of energy assets. This segment also offers microgrid energy modeling, energy market communications, and energy management solutions comprising mPulse and mVoult, which are control platforms that enables integration and optimization of multiple energy sources; Canvas, a middleware for grid operators and aggregators to administrate load shifting programs; Plaid, a middleware for controls and Internet-of-Things products companies to participate in load shifting programs; and mVSO, an energy modeling software for internal microgrid design, as well as owns gasification energy technologies for various applications, such as feedstock for the generation of di-methyl ether. In addition, it provides design, software development, and other technology-based consulting services; data center services, including rack space, power, and equipment; and various cloud services, such as virtual, virtual storage, and data backup services. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.

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Key Information

Symbol: CLSK
CEO: Zachary K. Bradford CPA
Exchange: NASDAQ
CIK: 0000827876
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
16.58
Change
0.36
Change %
2.22%
Open
16.31
Previous Close
16.22
High
16.95
Low
16.15
Volume
19,841,891
Market Cap
4,939,774,976
EV/EBITDA
24.73

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
297,935,782
FloatShares
272,440,068
Float Ratio
91.44%
Shares Short
57,491,342
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
21.01%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
1.42 trading days
Held Percent Insiders
3.15%
Held Percent Institutions
64.31%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date (Estimated) 2025-11-26
Earnings Call (Estimated) 2025-08-07
Avg EPS Estimate 0.535
Low EPS Estimate 0.14
High EPS Estimate 0.93
Revenue
Avg Revenue Forecast 227,696,310
Low Revenue Forecast 215,300,000
High Revenue Forecast 255,000,000

CLSK Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$38,958,000Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio0.141The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio4.372The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$820,422,976Total liabilities, used together with cash and liquidity ratios to assess debt burden.

CLSK Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$553,324,032EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$-424,308,000Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$-334,503,008Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin52.06%Gross margin; a higher value indicates stronger product profitability.
Operating Margin124.00%Operating margin; slightly negative, indicating high operating costs.
Profit Margin47.98%Net profit margin, which reflects overall profitability.

CLSK Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio38.22%Low leverage level, indicating the company has low debt pressure.
Total Debt$820,422,976Used together with cash and EBITDA to assess debt-paying ability.

CLSK Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)90.80%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)0.00%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for CLSK (Key ratios, margins, and cash flow)

Field Value Description
Current Price$16.58Latest stock trading price
Price Target (High)$30Analyst highest expected price
Price Target (Low)$14Analyst lowest expected price
Price Target (Average)$24.07Average target price across analysts
Price Target (Median)$24Median of target prices
Average Rating Score1.58Average analyst rating (1=Strong Buy, 5=Sell)
Consensus RecommendationbuyConsensus rating
Analyst Coverage Count11Number of analysts providing estimates
Cash Holdings$38,958,000Total cash held by the company
Cash per Share$0.14Cash value per outstanding share
Total Debt$820,422,976Company's total debt
Quick Ratio0.141Ability to cover short-term liabilities (excludes inventory)
Current Ratio4.372Overall short-term liquidity
Debt/Equity Ratio38.22%Leverage ratio: Debt / Equity
EBITDA$553,324,032Earnings before interest, taxes, depreciation & amortization
Total Revenue$631,937,024Total company revenue
Revenue per Share$2.303Total revenue divided by shares outstanding
Gross Profit52.06%Revenue minus cost of goods sold
Return on Assets7.14%Net income / Total assets
Return on Equity17.09%Net income / Shareholder equity
Earnings Growth (YoY)0.00%Year-over-year EPS growth
Revenue Growth (YoY)90.80%Year-over-year revenue growth
Gross Margin52.06%Gross profit / Total revenue
EBITDA Margin87.56%EBITDA / Revenue
Operating Margin124.00%Operating income / Revenue
Profit Margin47.98%Net income / Revenue
Free Cash Flow$-334,503,008Cash left after capital expenditures
Operating Cash Flow$-424,308,000Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo