Marathon Digital Holdings Inc Earnings

Marathon Digital Holdings Inc’s revenue jumped 34.54% since last year same period to $131.65Mn in the Q3 2024. On a quarterly growth basis, Marathon Digital Holdings Inc has generated -9.3% fall in its revenue since last 3-months.

Marathon Digital Holdings Inc’s net profit fell -294.57% since last year same period to $-124.79Mn in the Q3 2024. On a quarterly growth basis, Marathon Digital Holdings Inc has generated 37.5% jump in its net profits since last 3-months.

Marathon Digital Holdings Inc’s net profit margin fell -244.61% since last year same period to -94.79% in the Q3 2024. On a quarterly growth basis, Marathon Digital Holdings Inc has generated 31.09% jump in its net profit margins since last 3-months.

Marathon Digital Holdings Inc’s price-to-earnings ratio after this Q3 2024 earnings stands at 23.19.

Marathon Digital Holdings Inc’s earning per share (EPS) estimates for the current quarter stand at -0.2 - a 22% jump from last quarter’s estimates.

Marathon Digital Holdings Inc’s earning per share (EPS) estimates for the current year stand at -0.2.

Marathon Digital Holdings Inc’s earning per share (EPS) fell -156.34% since last year same period to -0.2 in the Q3 2024. This indicates that the Marathon Digital Holdings Inc has generated -156.34% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Marathon Digital Holdings Inc’s return on assets (ROA) stands at -0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Marathon Digital Holdings Inc’s return on equity (ROE) stands at 0.05.