Riot Platforms, Inc. (RIOT) (Q2FY23)
Stock Performance: Riot Platforms stock price showed a downtrend in the past 3-month period and gave negative returns of -47%. The price increased by 42% in the past 1-year. The stock has a 52-week high of $20.65 and its 52-week low is $3.25.
Quarter Performance : In Q2FY23, RIOT’s revenue increased by 5% to $76.7mn from $72.9mn in Q2FY22 and the COGS increased by 32.3% to $64mn from $48.4mn in the same period
The company completed the acquisition of 5,130 S19 series miners from Bitmain in January 2023. Later, in June 2023, they entered a new purchase agreement with MicroBT for 8,320 M56S+ model miners and 24,960 M56S++ model miners, totaling approximately $162.9 million.
This report is useful for M&A, business & investment analysis to all students, researchers, investors, private equity houses, broking firms, hedge funds, advisory firms and corporates to decide upon their investment strategies. Do connect with us, if you are looking for equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.
– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum
Actual & Historical Performance
– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals
– Price Performance
Stock Price Performance
No of Pages; 31
To download the previous quarter’s equity report CLICK HERE
To Download other equity reports CLICK HERE
Follow our LinkedIn page for more updates.