Stronghold Digital Mining, Inc. logo SDIG - Stronghold Digital Mining, Inc.

Inactive Ticker SDIG is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 3
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $6.25 DETAILS
HIGH: $8.50
LOW: $4.00
MEDIAN: $6.25
CONSENSUS: $6.25
UPSIDE: 122.42%
Metric 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Revenue
Revenue 11.2 19.1 27.5 21.7 17.7 18.2 17.3 23.4 24.7 29.7 28.7 17.0 6.0 4.2 3.8 1.0 1.0 1.3 0.9
Cost of Revenue 6.5 14.9 25.2 24.3 8.6 6.3 7.4 2.3 8.5 9.2 9.3 6.7 2.4 2.2 2.2 0.6 0.2 1.0 0.9
Gross Profit 4.7 4.2 2.4 (2.6) 9.2 11.9 9.9 21.1 16.3 20.6 19.4 10.3 3.6 2.0 1.6 0.4 0.8 0.3 (0.1)
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 8.3 11.7 6.6 6.3 6.6 10.1 8.5 11.6 11.3 10.9 11.4 8.6 3.5 2.0 0.9 1.2 0.4 0.4 0.4
Other Expenses 13.9 18.4 17.1 0.0 0.0 0.0 16.2 19.6 31.8 (1.0) 22.8 (0.1) 0.0 0.0 0.2 1.1 0.1 0 0
Operating Expenses 22.3 11.7 6.6 6.3 23.2 27.5 24.6 31.2 43.1 40.2 34.3 23.2 7.5 4.6 2.8 2.0 1.5 0.5 0.7
Operating Income
Operating Income (17.6) (18.6) (4.2) (8.9) (19.7) (15.6) (14.8) (10.1) (26.8) (39.5) (14.9) (14.2) (3.9) (3.0) (1.2) (0.9) (0.7) (0.2) (0.6)
Interest Expense 2.2 2.2 2.3 2.4 2.4 2.6 2.4 3.1 3.4 4.5 2.9 2.0 2.5 0.1 0.1 0.1 0.0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0 0.0
Profitability
EBITDA (11.8) (9.7) 17.6 (9.3) (10.2) (0.4) (36.5) (34.3) (59.6) (23.1) (17.1) (10.3) (2.7) (2.4) 0.4 0.4 (0.5) (0.1) (0.4)
EBIT (20.4) (19.0) 8.1 (18.7) (19.9) (9.1) (44.3) (44.3) (71.8) (35.7) (29.4) (15.5) (3.8) (3.2) (0.2) 0.3 (0.6) (0.2) (0.6)
Income Before Tax (22.7) (21.3) 5.8 (21.2) (22.3) (11.7) (46.7) (47.4) (75.2) (40.2) (32.3) (17.5) (6.3) (3.2) (0.2) 0.2 (0.7) (0.2) 0.6
Income Tax Expense 0 0 0 0 0 0 0 0 0 0 (1.5) 2.2 0 0 0 0 0 0 0
Net Income (19.5) (17.9) 4.9 (17.4) (17.1) (8.3) (63.0) (35.7) (79.6) (16.7) (30.8) (8.4) (2.0) (1.0) (0.2) 0.2 (0.7) (0.2) 0.6
Per Share Data
EPS (Basic) -1.34 -1.25 0.35 -1.47 -2.26 -1.35 -14.39 -9.41 -32.32 -8.21 -15.25 -5.23 -1.07 -0.53 -0.13 0.01 -0.36
EPS (Diluted) -1.34 -1.25 0.35 -1.46 -2.26 -1.35 -14.39 -9.41 -32.32 -8.21 -15.25 -5.23 -1.07 -0.53 -0.13 0.01 -0.36
Shares Outstanding 14.6 14.4 14.0 11.8 7.6 6.2 4.4 3.8 2.5 2.0 2.0 1.6 1.8 1.9 1.9 19.0 1.9 0 0
Metric 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q1
Current Assets
Cash & Cash Equivalents 4.5 4.9 7.5 4.2 5.0 5.1 6.4 13.3 16.3 33.0 25.5 31.8 41.4 43.7 2.0 0.3 (0.1)
Short-Term Investments 0 0 0.0 3.2 0 0 0 0 0 0 0 0 0 0 0 0 0.3
Net Receivables 1.2 0.7 1.8 0.6 0.6 2.4 4.8 10.9 0.8 2.7 2.6 2.1 0.3 0.8 0.4 0.1 0
Inventory 2.8 4.5 4.1 4.2 3.1 4.2 4.7 4.5 3.3 3.6 3.6 3.4 0.4 0.3 0.3 0.4 0
Other Current Assets 2.6 2.4 2.2 1.7 1.1 2.5 2.0 2.1 40.5 6.9 14.6 11.1 7.0 1.5 0.5 0.6 0
Total Current Assets 12.8 15.1 18.1 17.7 12.3 17.5 21.4 35.6 64.6 48.5 50.6 54.7 49.4 46.3 2.8 1.4 0.1
Non-Current Assets
Property, Plant & Equipment 127.6 136.9 147.3 147.9 159.8 169.3 165.5 179.0 209.0 306.2 320.5 299.4 125.8 98.0 10.2 7.8 0
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0.3 0.3 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0
Other Non-Current Assets 0.9 0.5 0.5 8.5 0.5 0.3 1.9 2.1 0.3 0.3 0.3 0.3 0 0 0.3 0 (0.1)
Total Non-Current Assets 128.5 137.8 148.1 156.7 160.5 169.9 167.7 181.3 209.6 306.8 321.1 300.0 126.0 98.2 10.3 8.0 (0.1)
Total Assets 141.4 152.9 166.2 174.3 172.8 187.3 189.1 217.0 274.1 355.3 371.7 354.6 175.4 144.4 13.1 9.4 0
Current Liabilities
Account Payables 11.3 13.1 11.5 11.9 14.7 16.2 14.8 27.5 28.5 23.9 28.2 28.7 29.6 14.0 11.8 8.5 0
Short-Term Debt 19.6 17.8 13.6 10.9 2.8 2.8 3.8 22.0 90.3 101.0 76.2 50.1 31.3 19.0 2.4 2.5 0
Deferred Revenue 0 0 0 0 10.1 9.5 0 0 0 14.9 0 6.5 0 0 0 0 0
Other Current Liabilities 2.4 0.1 0.1 0.3 0.4 0.9 1.4 1.2 0.3 7.2 9.2 8.1 0 1.0 1.0 0.7 0
Total Current Liabilities 47.7 44.2 36.0 35.0 28.3 29.2 28.0 60.4 128.7 144.4 124.4 92.4 65.4 34.1 15.5 11.7 0
Non-Current Liabilities
Long-Term Debt 33.9 38.5 43.2 48.2 57.7 58.0 58.2 57.0 7.6 26.9 32.9 19.2 23.3 19.7 1.4 1.3 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 (243.0) (167.7) 0 0 0
Other Non-Current Liabilities 27.9 17.6 14.6 26.3 6.5 6.3 3.9 3.2 6.0 1.0 1.0 1.0 97.6 97.7 0.5 0.4 0
Total Non-Current Liabilities 62.6 56.6 58.5 75.5 65.6 65.8 63.4 61.8 13.8 28.0 34.0 20.4 121.1 117.6 1.9 1.8 0
Total Liabilities 110.3 100.7 94.5 110.5 93.9 95.0 91.4 122.2 142.5 172.4 158.4 112.7 186.5 151.7 17.4 13.4 0
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 10.6 9.9 15.5 0.0 0.0 0.0 0.0 301.1 243.0 167.7 0 0 0
Retained Earnings (360.8) (337.0) (315.0) (331.6) (321.1) (298.2) (290.8) (240.4) (211.3) (155.7) (241.9) (338.7) (263.8) (182.2) 0 0 0
Accumulated Other Comprehensive Income 0 0 (0.0) (0.0) 0 (0.0) 0 0 0 (83.2) (36,898.4) (37,762.5) 243.0 167.7 0 0 (2.8)
Total Stockholders' Equity 19.5 52.2 71.7 63.8 78.9 92.3 97.7 94.8 97.5 146.9 176.4 204.2 (11.2) (7.3) (4.3) (4.0) (2.8)
Total Liabilities & Equity 141.4 152.9 166.2 174.3 172.8 187.3 189.1 217.0 274.1 355.3 371.7 354.6 175.4 144.4 13.1 9.4 (2.8)
Debt Metrics
Total Debt 54.4 57.4 56.6 57.7 61.0 60.6 60.9 76.3 97.9 127.5 109.1 69.3 54.5 38.7 3.8 3.7 0
Net Debt 49.9 52.5 49.0 53.5 56.0 55.5 54.5 63.0 81.6 94.5 83.7 37.5 13.1 (5.0) 1.8 3.4 0.1
Metric 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Operating Activities
Net Income (22.7) (17.9) 4.9 (17.4) (22.3) (11.7) (46.7) (47.4) (75.2) (40.2) (32.3) (17.5) (6.3) (3.2) (0.2) 0.2 (0.7) (0.2) 0.6
Depreciation & Amortization 8.6 9.3 9.5 9.4 9.7 8.6 7.7 10.0 12.2 12.7 12.3 5.1 1.2 0.8 0.5 0.1 0.1 0.1 0.1
Stock-Based Compensation 1.5 1.7 1.9 1.6 0.8 4.4 2.4 4.8 3.4 3.2 2.6 2.8 1.0 0.3 0 0 0 0 0
Change in Working Capital 11.3 (15.6) (3.5) (59.4) (41.6) (24.4) 3.9 32.1 (3.5) 0.2 (0.5) (11.4) 13.6 0.3 3.5 (1.1) 1.1 0.1 (0.5)
Other Non-Cash Items 3.7 22.8 40.8 (12.2) 44.6 27.3 29.2 (11.9) 56.0 5.7 15.4 0.8 0.6 0.6 (0.8) 1.7 (0.0) (1.3) 0.2
Operating Cash Flow 2.5 0.2 31.0 (102.1) (2.9) (0.9) (3.3) (12.5) (7.0) (3.4) (2.5) (17.5) 10.2 (1.3) 3.0 0.9 0.5 (1.4) 0.5
Investing Activities
Capital Expenditure (0.2) (0.3) (0.2) (9.2) (4.2) (10.6) (0.0) (2.9) (12.6) (24.5) (43.7) (133.3) (28.9) (88.6) (2.9) (0.6) (1.0) (0.4) 0
Acquisitions 0 0 0.2 0 0 0 0 (0.8) 0 13.8 0 (3,914.4) 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0.8 0 0 0 3,909.0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 (13.0) 0 (13.0) 13.0 1.6 0 0.1 0.5 (1.6) 0.1 0 0
Other Investing Activities 0.0 0 180 (0.1) 0 0 0 12.2 0 13.8 1.0 (0.1) 0 0 0.5 (1.6) 0.1 1.7 0.0
Investing Cash Flow (0.1) (0.3) (0.1) (9.3) (4.2) (10.6) (0.0) (3.7) (12.6) (10.7) (29.7) (137.2) (28.9) (88.5) (2.4) (2.2) (0.9) 1.3 0.0
Financing Activities
Net Debt Issuance (1.9) (0.7) (1.1) (4.1) (0.7) 1.0 (1.8) 13.4 (5.2) 23.7 44.4 9.4 16.4 36.8 0.7 1.9 (0.0) (0.1) (0.1)
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 (0.8) 0 0 0 (0.6) (0.2) (0.1) (0.3)
Other Financing Activities (0.9) (1.8) (1.4) 5.8 (1.6) (3.2) (1.8) (0.6) 8.5 (2.1) (1.8) 136.5 24.2 95.1 0 0.0 0 0.8 0
Financing Cash Flow (2.8) (2.5) (2.5) 8.6 6.9 10.2 (3.6) 12.8 3.3 21.6 25.9 145.1 16.4 131.9 0.7 1.4 (0.2) 0.7 (0.4)
Cash Position
Net Change in Cash (0.4) (2.7) 3.3 (0.8) (0.1) (1.2) (6.9) (3.4) (16.3) 7.5 (6.3) (9.6) (2.3) 42.1 1.3 0.1 (0.6) 0.6 0.1
Cash at Beginning 4.9 7.5 4.2 5.0 5.1 6.4 13.3 16.7 33.0 25.5 31.8 41.4 43.7 1.6 0.3 0.2 0.8 0.2 0.1
Cash at End 4.5 4.9 7.5 4.2 5.0 5.1 6.4 13.3 16.7 33.0 25.5 31.8 41.4 43.7 1.6 0.3 0.2 0.8 0.2
Free Cash Flow 2.3 (70.9) 30.7 (111.3) (7.0) (11.4) (3.4) (15.4) (19.6) (27.9) (46.2) (150.8) (18.7) (89.9) 0.1 0.4 (0.5) (1.8) 0.5
Key Metrics 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Income Statement
Revenue 11.2 19.1 27.5 21.7 17.7 18.2 17.3 23.4 24.7 29.7 28.7 17.0 6.0 4.2 3.8 1.0 1.0 1.3 0.9
Gross Profit 4.7 4.2 2.4 (2.6) 9.2 11.9 9.9 21.1 16.3 20.6 19.4 10.3 3.6 2.0 1.6 0.4 0.8 0.3 (0.1)
Operating Income (17.6) (18.6) (4.2) (8.9) (19.7) (15.6) (14.8) (10.1) (26.8) (39.5) (14.9) (14.2) (3.9) (3.0) (1.2) (0.9) (0.7) (0.2) (0.6)
Net Income (19.5) (17.9) 4.9 (17.4) (17.1) (8.3) (63.0) (35.7) (79.6) (16.7) (30.8) (8.4) (2.0) (1.0) (0.2) 0.2 (0.7) (0.2) 0.6
EPS (Diluted) -1.34 -1.25 0.35 -1.46 -2.26 -1.35 -14.39 -9.41 -32.32 -8.21 -15.25 -5.23 -1.07 -0.53 -0.13 0.01 -0.36
Balance Sheet
Cash & Equivalents 4.5 4.9 7.5 4.2 5.0 5.1 6.4 13.3 16.3 33.0 25.5 31.8 41.4 43.7 2.0 0.3 (0.1)
Total Assets 141.4 152.9 166.2 174.3 172.8 187.3 189.1 217.0 274.1 355.3 371.7 354.6 175.4 144.4 13.1 9.4 0
Total Debt 54.4 57.4 56.6 57.7 61.0 60.6 60.9 76.3 97.9 127.5 109.1 69.3 54.5 38.7 3.8 3.7 0
Stockholders' Equity 19.5 52.2 71.7 63.8 78.9 92.3 97.7 94.8 97.5 146.9 176.4 204.2 (11.2) (7.3) (4.3) (4.0) (2.8)
Cash Flow
Operating Cash Flow 2.5 0.2 31.0 (102.1) (2.9) (0.9) (3.3) (12.5) (7.0) (3.4) (2.5) (17.5) 10.2 (1.3) 3.0 0.9 0.5 (1.4) 0.5
Capital Expenditure (0.2) (0.3) (0.2) (9.2) (4.2) (10.6) (0.0) (2.9) (12.6) (24.5) (43.7) (133.3) (28.9) (88.6) (2.9) (0.6) (1.0) (0.4) 0
Free Cash Flow 2.3 (70.9) 30.7 (111.3) (7.0) (11.4) (3.4) (15.4) (19.6) (27.9) (46.2) (150.8) (18.7) (89.9) 0.1 0.4 (0.5) (1.8) 0.5