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SALT LAKE CITY, Feb. 12, 2021 /PRNewswire/ CleanSpark, Inc. (Nasdaq: CLSK)( the Company ), an advanced software and controls technology solutions company, focused on solving modern energy challenges, today reported results for the quarter ended December 31, 2020.
The Company s form 10-Q and accompanying unaudited interim financial statements are available at www.sec.gov and the Company website at https://ir.cleanspark.com/sec-filings/
Bitcoin Mining Helps CleanSpark Realize 130% Revenue Improvement.
Financial Highlights
CleanSpark more than doubled its comparable quarterly revenues, with quarterly revenue of $2.26 million, an increase of 130% from $0.98 million for the prior year.
Gross Margin increased to 41% to $0.92 million compared to 10% and $0.10 million to the prior year.
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