Alternatively, email editorial-team (at). Have feedback on this article? Concerned about the content? Get in touch with us directly. Simply Wall St has no position in any stocks mentioned. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. We aim to bring you long-term focused analysis driven by fundamental data. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. This article by Simply Wall St is general in nature. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges. You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).įor those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. Given the revenue growth we'd consider the stock to be quite an interesting prospect if the company has a clear path to profitability. This could mean high expectations have been tempered, potentially because investors are looking to the bottom line. Unfortunately for shareholders the share price has dropped 10% per year - disappointing considering the growth. That's better than most loss-making companies. Over five years, CleanSpark grew its revenue at 75% per year. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. Arguably revenue is our next best option. Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business.ĬleanSpark wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). But it could be that the fall was overdone. Cleanspark (CLSK) (Delayed Data from NSDQ) 2.44 USD -0.05 (-2.01) Updated 04:00 PM ET After-Market: 2.43 -0.01 (-0.41) 7:58 PM ET Add to portfolio Zacks Rank: 3-Hold 3 Style. So is the recent increase sufficient to restore confidence in the stock? Not yet. Indeed, the share price is down 61% in the period. But that can't change the reality that over the longer term (five years), the returns have been really quite dismal. ( NASDAQ:CLSK) shareholders should be happy to see the share price up 12% in the last month.
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