CleanSpark Inc
NASDAQ:CLSK

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CleanSpark Inc
NASDAQ:CLSK
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Price: 11.14 USD 2.11% Market Closed
Market Cap: 3.3B USD
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Gross Margin
CleanSpark Inc

56.3%
Current
63%
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
56.3%
=
Gross Profit
213.5m
/
Revenue
379m

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
US
CleanSpark Inc
NASDAQ:CLSK
3B USD
56%
US
Ezenia! Inc
OTC:EZEN
567B USD
62%
US
Salesforce Inc
NYSE:CRM
328.5B USD
77%
DE
SAP SE
XETRA:SAP
276.2B EUR
73%
US
Adobe Inc
NASDAQ:ADBE
196.8B USD
89%
US
NCR Corp
LSE:0K45
187.9B USD
23%
US
Intuit Inc
NASDAQ:INTU
180.2B USD
79%
US
Palantir Technologies Inc
NYSE:PLTR
182.8B USD
81%
US
Applovin Corp
NASDAQ:APP
114.4B USD
74%
US
Cadence Design Systems Inc
NASDAQ:CDNS
82.7B USD
88%
US
Synopsys Inc
NASDAQ:SNPS
75.6B USD
80%
Country US
Market Cap 3B USD
Gross Margin
56%
Country US
Market Cap 567B USD
Gross Margin
62%
Country US
Market Cap 328.5B USD
Gross Margin
77%
Country DE
Market Cap 276.2B EUR
Gross Margin
73%
Country US
Market Cap 196.8B USD
Gross Margin
89%
Country US
Market Cap 187.9B USD
Gross Margin
23%
Country US
Market Cap 180.2B USD
Gross Margin
79%
Country US
Market Cap 182.8B USD
Gross Margin
81%
Country US
Market Cap 114.4B USD
Gross Margin
74%
Country US
Market Cap 82.7B USD
Gross Margin
88%
Country US
Market Cap 75.6B USD
Gross Margin
80%
No Stocks Found

CleanSpark Inc
Glance View

Market Cap
3B USD
Industry
Technology

CleanSpark Inc. is a company that has carved its niche at the intersection of energy technology and cryptocurrency mining. Founded in 1987, it has evolved from initially focusing on energy management solutions to becoming a significant player in the bitcoin mining sector. The company is headquartered in Nevada, but its operations stretch across multiple U.S. states, where it harnesses advanced technologies to maximize energy efficiency and the computational power necessary for mining cryptocurrencies. By leveraging its expertise in energy solutions, CleanSpark optimizes energy consumption for its mining operations, ensuring they remain both cost-effective and sustainable in the face of fluctuating energy prices and increasing environmental scrutiny. At the heart of CleanSpark's business model is its dual approach: integrating microgrid technology with cryptocurrency mining operations. The company employs microgrid solutions to provide power management systems designed to reduce energy costs for communities and businesses. This technology not only enhances energy efficiency but also provides resilient, clean energy sources. In parallel, CleanSpark's plunge into bitcoin mining has opened up another revenue stream, capitalizing on the lucrative nature of digital currencies. The synergy of these operations allows CleanSpark to maintain a competitive edge by minimizing energy costs for mining, thereby optimizing output and profitability. In doing so, CleanSpark effectively turns a strategic vision into reality, marrying ecological responsibility with cutting-edge technology to sustain its growth in the rapidly evolving energy and cryptocurrency markets.

CLSK Intrinsic Value
9.11 USD
Overvaluation 18%
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
56.3%
=
Gross Profit
213.5m
/
Revenue
379m
What is the Gross Margin of CleanSpark Inc?

Based on CleanSpark Inc's most recent financial statements, the company has Gross Margin of 56.3%.