Riot Platforms Inc
F:AP4N

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Riot Platforms Inc
F:AP4N
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Price: 10.492 EUR -5.43% Market Closed
Market Cap: 3.2B EUR
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Riot Platforms Inc
Total Other Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Riot Platforms Inc
Total Other Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Other Income CAGR 3Y CAGR 5Y CAGR 10Y
Riot Platforms Inc
F:AP4N
Total Other Income
$295k
CAGR 3-Years
-41%
CAGR 5-Years
N/A
CAGR 10-Years
15%
Salesforce Inc
NYSE:CRM
Total Other Income
$340m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Palantir Technologies Inc
NYSE:PLTR
Total Other Income
-$7.5m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Total Other Income
$8m
CAGR 3-Years
24%
CAGR 5-Years
31%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Total Other Income
-$13m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-29%
Adobe Inc
NASDAQ:ADBE
Total Other Income
$311m
CAGR 3-Years
N/A
CAGR 5-Years
73%
CAGR 10-Years
81%
No Stocks Found

Riot Platforms Inc
Glance View

Market Cap
3.4B EUR
Industry
Technology

Riot Platforms Inc. has carved out its niche within the fast-paced cryptocurrency market, positioning itself as a major player in Bitcoin mining. Unlike the conventional image of a tech company, Riot Platforms operates at the intersection of cutting-edge technology and old-school resource management. Located primarily in the energy-abundant regions of Texas, the company capitalizes on strategic partnerships and their ability to secure low-cost power agreements, which is crucial in a business where electricity consumption is one of the biggest operational expenses. Using an extensive fleet of advanced mining rigs, Riot effectively transforms electrical energy into digital currency, a process that is pivotal to supporting and validating the decentralized Bitcoin network. The company’s profitability hinges on its ability to maintain operational efficiency and continuously upgrade its mining hardware to keep up with the increasingly complex algorithms used in Bitcoin mining. By mining Bitcoin, Riot generates revenue through accumulating and selling the cryptocurrency when market conditions are favorable. Additionally, amid the volatile swings of Bitcoin's price, Riot has adopted strategic treasury management practices to navigate market risks, ensuring liquidity and financial stability. Their multi-pronged approach, which includes infrastructure investments and carefully managing their balance of mined cryptocurrency, allows Riot Platforms to strive for growth and resilience in an industry known for its unpredictability.

AP4N Intrinsic Value
15.949 EUR
Undervaluation 34%
Intrinsic Value
Price

See Also

What is Riot Platforms Inc's Total Other Income?
Total Other Income
295k USD

Based on the financial report for Sep 30, 2024, Riot Platforms Inc's Total Other Income amounts to 295k USD.

What is Riot Platforms Inc's Total Other Income growth rate?
Total Other Income CAGR 10Y
15%

Over the last year, the Total Other Income growth was 195%. The average annual Total Other Income growth rates for Riot Platforms Inc have been -41% over the past three years , and 15% over the past ten years .

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