Financials Cipher Mining Inc.

Equities

Real-time Estimate Cboe BZX Other stock markets 15:54:31 09/12/2024 GMT			5-day change	1st Jan Change
6.610 ^USD	-7.03%		+5.08%	+60.29%

12-03	Cipher Mining Inc. Reports Unaudited Production and Operations Results for the Month of November 2024	CI
11-26	Sector Update: Financial Stocks Mixed Late Afternoon	MT

Fiscal Period: december	2021	2022	2023	2024	2025	2026
Net sales ¹	-	3.037	126.8	149.5	298.7	524.4
Change	-	-	4,076.56%	17.85%	99.84%	75.56%
EBITDA ¹	-	-62.52	48.26	94.6	209.6	133.4
Change	-	-	-	96.03%	121.6%	-36.37%
EBIT ¹	-	-37.42	-20.12	-86.05	-57.56	-131.4
Change	-	-	-46.25%	-327.81%	33.11%	-128.23%
Interest Paid ¹	-	-	-1.999	-1.494	-1.496	-1.4
Earnings before Tax (EBT) ¹	-	-37.21	-22.21	-85.12	-32.62	7.929
Change	-	-	-40.32%	-283.24%	61.67%	-
Net income ¹	-72.16	-39.05	-25.78	-85.13	-28.91	23.56
Change	-	-45.88%	-33.99%	-230.27%	66.04%	-
Announcement Date	04/03/22	14/03/23	05/03/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: Dezember	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	-	3.037	21.9	31.22	30.3	43.42	48.14	36.81	24.1	40.25	55.02	64.42	79.06	101.7	139	160.8	173.9
Change	-	-	620.94%	42.61%	-2.95%	43.28%	10.87%	-23.53%	-34.52%	66.99%	36.71%	17.08%	22.72%	28.66%	36.67%	15.68%	8.12%
EBITDA ¹	-	-21.6	6.936	9.006	4.212	28.2	64.99	-4.564	-4.027	37.38	44.12	63.51	52.48	76.72	-	-	-
Change	-	-	-	29.84%	-53.23%	569.47%	130.47%	-	-11.77%	-	18.06%	43.94%	-17.38%	46.2%	-100%	-	-
EBIT ¹	-	-49.77	-6.169	-11.59	-18.2	15.84	46.79	-16.17	-91.39	-25.14	-16.97	-9.837	-13.48	2.485	-22.81	-27.81	-36.6
Change	-	-	-87.61%	87.91%	56.97%	-	195.33%	-	465.17%	72.5%	32.5%	42.02%	-37.07%	-	-	-21.95%	-31.6%
Charge d'intérêts ¹	-	-	-0.401	-0.485	-0.627	-0.486	-0.4	-0.372	-0.346	-0.3865	-0.373	-0.373	-0.373	-0.373	-	-	-
Earnings before Tax (EBT) ¹	-	-49.79	-6.531	-12.09	-18.81	15.22	45.46	-14.76	-90.56	-24.28	-14.17	-6.315	-9.037	8.07	-21.97	-26.97	-35.76
Change	-	-	-86.88%	85.06%	55.62%	-	198.81%	-	513.4%	73.19%	41.61%	55.44%	-43.1%	-	-	-22.79%	-32.58%
Net income ¹	-	-51.63	-6.601	-12.7	-17.71	11.24	39.9	-15.29	-86.75	-23.15	-14.74	-7.196	-7.48	8.388	-18.67	-22.93	-30.4
Change	-	-	-87.21%	92.41%	39.45%	-	255.11%	-	467.35%	73.32%	36.35%	51.17%	-3.95%	-	-	-22.79%	-32.58%
Announcement Date	14/11/22	14/03/23	09/05/23	08/08/23	08/11/23	05/03/24	07/05/24	13/08/24	31/10/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Fiscal Period: Dezember	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-66.5	-96.8	-96.6
Change	-	-	-	-	-245.56%	-199.79%
Announcement Date	04/03/22	14/03/23	05/03/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: Dezember	2022	2023	2024	2025	2026
CAPEX ¹	39.82	54.39	138.3	343.6	80
Change	-	36.6%	154.23%	148.54%	-76.72%
Free Cash Flow (FCF) ¹	-	-114.7	-96	-10.5	108.5
Change	-	-	-16.32%	-89.06%	-1,133.33%
Announcement Date	14/03/23	05/03/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: Dezember	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	-2,058.78%	38.04%	63.28%	70.18%	25.44%
EBIT Margin (%)	-	-1,232.17%	-15.86%	-57.57%	-19.27%	-25.05%
EBT Margin (%)	-	-1,225.32%	-17.51%	-56.94%	-10.92%	1.51%
Net margin (%)	-	-1,285.91%	-20.32%	-56.95%	-9.68%	4.49%
FCF margin (%)	-	-	-90.44%	-64.22%	-3.52%	20.69%
FCF / Net Income (%)	-	-	445.05%	112.76%	36.32%	460.47%
Profitability
ROA	-	-	-5.24%	-8.94%	-6.88%	-9.2%
ROE	-	-	-6.18%	-10.22%	-5.7%	3.7%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	1,311%	42.88%	92.5%	115.04%	15.25%
CAPEX / EBITDA (%)	-	-63.68%	112.7%	146.16%	163.93%	59.97%
CAPEX / FCF (%)	-	-	-47.41%	-144.03%	-3,272.86%	73.73%
Items per share
Cash flow per share ¹	-	-	-	0.1201	0.2422	0.3485
Change	-	-	-	-	101.7%	43.9%
Dividend per Share ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Book Value Per Share ¹	-	-	-	2.157	2.854	4.376
Change	-	-	-	-	32.31%	53.33%
EPS ¹	-0.33	-0.16	-0.1	-0.2581	-0.0937	-0.0761
Change	-	-51.52%	-37.5%	158.09%	-63.71%	-18.74%
Nbr of stocks (in thousands)	246,381	247,552	257,057	347,806	347,806	347,806
Announcement Date	04/03/22	14/03/23	05/03/24	-	-	-