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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Gross Margin
Riot Platforms Inc

24.2%
Current
31%
Average
46.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
24.2%
=
Gross Profit
75.8m
/
Revenue
312.9m

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
US
Riot Platforms Inc
F:AP4N
3.4B EUR
24%
US
Ezenia! Inc
OTC:EZEN
567B USD
62%
US
Salesforce Inc
NYSE:CRM
327.8B USD
77%
DE
SAP SE
XETRA:SAP
275.5B EUR
73%
US
Adobe Inc
NASDAQ:ADBE
196.7B USD
89%
US
NCR Corp
LSE:0K45
184.5B USD
23%
US
Palantir Technologies Inc
NYSE:PLTR
179.2B USD
81%
US
Intuit Inc
NASDAQ:INTU
178.8B USD
79%
US
Applovin Corp
NASDAQ:APP
115.7B USD
74%
US
Cadence Design Systems Inc
NASDAQ:CDNS
83.5B USD
88%
US
Synopsys Inc
NASDAQ:SNPS
75.7B USD
80%
Country US
Market Cap 3.4B EUR
Gross Margin
24%
Country US
Market Cap 567B USD
Gross Margin
62%
Country US
Market Cap 327.8B USD
Gross Margin
77%
Country DE
Market Cap 275.5B EUR
Gross Margin
73%
Country US
Market Cap 196.7B USD
Gross Margin
89%
Country US
Market Cap 184.5B USD
Gross Margin
23%
Country US
Market Cap 179.2B USD
Gross Margin
81%
Country US
Market Cap 178.8B USD
Gross Margin
79%
Country US
Market Cap 115.7B USD
Gross Margin
74%
Country US
Market Cap 83.5B USD
Gross Margin
88%
Country US
Market Cap 75.7B USD
Gross Margin
80%
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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

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
24.2%
=
Gross Profit
75.8m
/
Revenue
312.9m
What is the Gross Margin of Riot Platforms Inc?

Based on Riot Platforms Inc's most recent financial statements, the company has Gross Margin of 24.2%.