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Marathon Digital Holdings Inc

Financial Services US MARA

20.2892USD
-1.3208(6.11%)

Last update at 2024-12-19T18:54:00Z

Day Range

19.8722.91
LowHigh

52 Week Range

7.1634.09
LowHigh

Fundamentals

  • Previous Close 21.61
  • Market Cap5862.17M
  • Volume35259297
  • P/E Ratio13.29
  • Dividend Yield-%
  • EBITDA748.63M
  • Revenue TTM501.57M
  • Revenue Per Share TTM2.40
  • Gross Profit TTM 45.04M
  • Diluted EPS TTM1.56

Analyst Recommendations

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -708.57800M -13.15378M -10.44777M -3.51707M -12.74519M
Minority interest - - - - -
Net income -686.74000M -36.17451M -10.51568M -4.07684M -12.81432M
Selling general administrative 82.87M 8.02M 1.59M 1.02M 3.23M
Selling and marketing expenses - - - - -
Gross profit -33.67300M -47.51809M -7.37383M -2.77240M -3.77369M
Reconciled depreciation 78.71M 15.10M 3.16M 1.08M 2.07M
Ebit -663.86800M -85.08773M -9.83310M -4.23911M -9.72695M
Ebitda -36.55100M -39.67292M -5.73533M -2.17250M -7.65724M
Depreciation and amortization 627.32M 45.41M 4.10M 2.07M 2.07M
Non operating income net other 1.28M 73.50M -0.57270M 0.77M -0.46381M
Operating income -663.86800M -85.08773M -9.83310M -4.23911M -12.07634M
Other operating expenses 234.30M 206.00M 13.32M 4.98M 11.42M
Interest expense 14.98M 1.57M 0.02M 0.05M 2.37M
Tax provision -21.83800M 23.02M 0.00000M 0.00000M 0.07M
Interest income - 0.68M 0.02M 0.03M 0.01M
Net interest income -14.98000M -0.89232M -0.00264M -0.01826M -2.35728M
Extraordinary items - - - - -
Non recurring 90.25M - 0.87M 0.45M 2.22M
Other items - - - - -
Income tax expense -21.83800M 23.02M 0.07M 0.56M 0.07M
Total revenue 117.75M 150.46M 4.36M 1.19M 1.56M
Total operating expenses 82.87M 8.02M 1.59M 1.02M 6.08M
Cost of revenue 151.43M 197.98M 11.73M 3.96M 5.34M
Total other income expense net -44.71000M 71.93M -0.61467M 0.72M -0.53426M
Discontinued operations - - - - -
Net income from continuing ops -686.74000M -36.17451M -10.44777M -3.51707M -12.81432M
Net income applicable to common shares -686.74000M -36.17451M -10.44777M -3.51707M -12.81432M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1990.97M 1195.24M 1448.24M 313.25M 6.62M
Intangible assets 0.24M 0.19M 0.93M 1.00M 1.07M
Earning assets - - - - -
Other current assets 30.74M 162.68M 131.39M 4.67M 0.80M
Total liab 375.05M 809.30M 765.22M 1.51M 2.97M
Total stockholder equity 1615.92M 385.94M 683.02M 311.74M 3.65M
Deferred long term liab - - 23.02M - -
Other current liab 22.41M 24.48M 0.87M 0.32M 0.01M
Common stock 0.02M 0.01M 0.01M 0.00820M 0.00085M
Capital stock 0.02M 0.01M 0.01M 0.00820M 0.00085M
Retained earnings -567.64000M -840.33900M -152.22978M -116.05528M -105.60751M
Other liab - - 23.02M - -
Good will - - - - -
Other assets 0.00000M 606.39M 479.92M 8.62M -
Cash 357.31M 103.70M 268.52M 141.32M 0.69M
Cash and equivalents - - - - -
Total current liabilities 33.76M 26.11M 13.79M 1.44M 1.85M
Current deferred revenue -0.12400M - - - 0.51M
Net debt -31.18100M 679.81M 459.88M -141.13868M 0.51M
Short term debt 0.12M 0.33M 728.41M 0.12M 0.09M
Short long term debt - - - - -
Short long term debt total 326.13M 783.51M 728.41M 0.18M 1.21M
Other stockholder equity 2183.54M 1226.27M 835.69M 428.24M 109.71M
Property plant equipment - 273.03M 276.24M 17.42M 3.75M
Total current assets 1029.80M 277.55M 688.15M 286.41M 1.49M
Long term investments 106.29M 525.30M 3.00M - -
Net tangible assets - 385.94M 682.09M 310.74M 2.57M
Short term investments 639.66M - 223.78M 2.27M 0.00114M
Net receivables 2.09M 0.02M 30.00M 74.77M -
Long term debt 325.65M 782.17M 728.41M 0.06M 1.00M
Inventory -2.09100M 11.15M 34.46M 65.65M -
Accounts payable 11.34M 1.31M 12.93M 1.00M 1.24M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.00000M - -0.45072M -0.45072M -0.45072M
Additional paid in capital - - - - -
Common stock total equity - 0.01M 0.01M 0.00820M 0.00085M
Preferred stock total equity - - - - -
Retained earnings total equity - -840.33900M -152.22978M -116.05528M -105.60751M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 122.87M 606.39M 479.92M 8.41M 0.30M
Deferred long term asset charges - - - - -
Non current assets total 961.17M 917.70M 760.09M 26.84M 5.13M
Capital lease obligations 0.48M 1.34M 0.00000M 0.12M 0.21M
Long term debt total - 782.17M 728.41M 0.06M 1.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -44.00000M -153.00000M -81.28751M 1.21M -4.15880M
Change to liabilities 13.37M 11.93M -0.02332M 0.00275M -2.87559M
Total cashflows from investing activities -390.22800M -891.91668M -81.28751M 1.21M -4.15880M
Net borrowings 49.25M 728.81M 0.06M 0.06M 0.06M
Total cash from financing activities 410.65M 1037.33M 229.69M 0.25M 0.96M
Change to operating activities -189.78900M -149.63108M -3.80023M -1.69293M -4.01655M
Net income -686.74000M -36.17451M -10.44777M -3.51707M -12.81432M
Change in cash -156.05400M 127.20M 140.63M -1.85821M -12.39736M
Begin period cash flow 268.56M 141.32M 0.69M 2.55M 14.95M
End period cash flow 112.50M 268.52M 141.32M 0.69M 2.55M
Total cash from operating activities -176.48100M -18.21856M -7.77370M -3.31866M -8.23857M
Issuance of capital stock 361.49M 324.77M 236.23M 0.26M 0.00000M
Depreciation 78.71M 15.10M 3.16M 1.08M 2.07M
Other cashflows from investing activities -305.12000M -738.91668M 2.10M 1.22M -1.59292M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables - - 74.77M - 0.00000M
Sale purchase of stock 361.49M 313.64M 0.17M 3.06M -
Other cashflows from financing activities 169.17M 790.07M -6.71419M -3.07509M -0.96000M
Change to netincome -81.86000M 87.93M 3.34M 1.28M 1.96M
Capital expenditures 41.11M 708.92M 83.39M 0.00522M 5.50M
Change receivables -24.46900M - - - -
Cash flows other operating 524.51M -96.80790M -3.00432M -2.08150M 1.14M
Exchange rate changes - - - - 0.00002M
Cash and cash equivalents changes -156.05400M 127.20M 140.63M -1.85821M -12.39736M
Change in working capital -176.56600M -137.70368M -3.82354M -1.69018M -4.74215M
Stock based compensation 24.59M 160.79M 1.18M 0.93M 1.43M
Other non cash items 606.10M -43.24970M 0.99M -0.50786M 5.14M
Free cash flow -217.58900M -727.13524M -91.16361M -3.32388M -13.74029M

Peer Comparison

Sector: Financial Services Industry: Capital Markets

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
MARA
Marathon Digital Holdings Inc		 -1.3208 6.11% 20.29 13.29 6.17 11.13 2.67 11.05 9.16
MS
Morgan Stanley		 0.69 0.57% 121.72 16.50 13.76 2.80 1.65 - -
SCHW
Charles Schwab Corp		 0.28 0.39% 74.25 22.86 17.39 6.14 4.28 - -
GS
Goldman Sachs Group Inc		 8.62 1.57% 558.87 18.44 10.60 2.83 1.16 - -
CIIHY
CITIC Securities Co Ltd ADR		 - -% 30.18 15.86 7.89 0.98 1.07 10.27 -

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Profile

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.

Marathon Digital Holdings Inc

101 NE Third Avenue, Fort Lauderdale, FL, United States, 33301

Key Executives

Name Title Year Born
Mr. Frederick G. Thiel CEO & Exec. Chairman 1961
Mr. James G. Crawford Chief Operating Officer 1975
Mr. Ashu Swami Chief Technology Officer NA
Mr. Simeon Salzman Exec. Officer 1980
Mr. Hugh J. Gallagher Chief Financial Officer 1963
Mr. John M. Lee Chief Accounting Officer 1961
Mr. Charlie Schumacher Director of Corp. Communications NA
Mr. William Beam Controller NA
Mr. Frederick G. Thiel CEO & Executive Chairman 1961
Mr. Ashu Swami Chief Technology Officer 1980

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