WULF Earnings Prediction
The chart below shows how WULF performed 10 days before and after its earnings report, based on data from the past quarters. Typically, WULF sees a +8.70% change in stock price 10 days leading up to the earnings, and a -0.83% change 10 days following the report. On the earnings day itself, the stock moves by -0.97%. This data can give you a slight idea of what to expect for the next quarter's release.
WULF Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
34.98M
50.25%
29.29%
Gross Margin
1.20%
-95.41%
-110.01%
Operating Margin
-98.83%
428.22%
64.01%
Net Margin
-83.45%
85.03%
-0.67%
EPS
-0.08
-100.00%
33.33%
No Data Available
WULF Earnings Analysis
Terawulf Inc Corporation (WULF.O) Earnings Conference Call
Positive
Digital Infrastructure Transformation: TeraWulf achieved a transformational year in 2024, enhancing its digital infrastructure to support high-performance compute and AI workloads alongside Bitcoin mining.
Revenue and EBITDA Surge: The company doubled its revenue and adjusted EBITDA year-over-year, driven by higher Bitcoin production and favorable Bitcoin pricing.
Hash Rate Expansion Plans: WULF Mining achieved a hash rate of 9.7 exahash per second, powered by approximately 60,000 miners, with plans to increase this to 13.1 exahash per second with the deployment of new miners.
Investment Return and Capital Release: The sale of the Nautilus Cryptomine joint venture delivered a 3.4 times return on investment, freeing up capital for further development.
Data Center Lease Agreement: TeraWulf secured a 10-year data center lease agreement with Core42, which is expected to generate over $1 billion in revenue over the initial term.
HPC Hosting Capacity Expansion: The company aims to contract and deploy 100 to 150 megawatts of HPC hosting capacity annually over the next three years, indicating strong growth potential.
Strengthened Financial Position: TeraWulf's financial position was strengthened through the repayment of debt, capital raising, and stock buybacks, demonstrating a commitment to shareholder returns.
Strong Cash Position: The company has a strong cash position of $274 million and total assets of $787 million, providing a solid foundation for future growth.
Negative
Earnings Miss Report: TeraWulf Inc. missed earnings expectations, reporting an EPS of $-0.08 compared to the expected $-0.04.
Bitcoin Production Decline: The company experienced a 24% decrease in Bitcoin mined in Q4 2024 compared to Q3 2024, dropping from 555 to 423 Bitcoin.
Bitcoin Production Decline: For the fiscal year 2024, TeraWulf mined 2,728 Bitcoin, down from 3,343 Bitcoin in 2023, indicating a decline in production year-over-year.
Cost of Revenue Increase: GAAP cost of revenue increased by 34% quarter-over-quarter, rising from $14.7 million in Q3 2024 to $19.6 million in Q4 2024, primarily due to a 55% increase in realized power prices.
Operating Expenses Increase: Operating expenses rose 69% quarter-over-quarter from $1.6 million in Q3 2024 to $2.7 million in Q4 2024, driven by increased staffing levels for mining expansion and HPC hosting activities.
SG&A Expense Surge: SG&A expenses surged from $11.5 million in Q3 2024 to $32.3 million in Q4 2024, largely due to stock-based compensation.
Net Loss Increase: The company reported a GAAP net loss of $29.2 million in Q4 2024, compared to a net loss of $22.7 million in Q3 2024, indicating worsening financial performance.
Significant Loss on PP&E: Loss on disposal of property, plant, and equipment (PP&E) was significant, amounting to $17.5 million in Q4 2024, compared to $0.4 million in Q3 2024.
Debt Extinguishment Loss: The company incurred a $6.3 million loss on the extinguishment of debt in 2024, reflecting financial strain despite efforts to optimize the balance sheet.
WULF FAQs
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WULF Earning Call Sentiment
TeraWulf Inc. (NASDAQ:WULF) Q4 2024 Earnings Call Transcript
WULF.O
6.93%Positive
The earnings call presents a mixed picture. While there are positives such as a significant YoY revenue increase, a strong cash position, and a stock buyback program, there are also negatives like missing EPS expectations, increased costs, and a net loss. The Q&A reveals uncertainties about project timelines and market expansion. The market cap suggests moderate volatility, leading to a neutral stock price reaction over the next two weeks.
