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Hut 8 Mining Operating margin

What is the Operating margin of Hut 8 Mining?

The Operating margin of Hut 8 Mining Corp. is 141.82%

What is the definition of Operating margin?



Operating margin is the ratio of operating income divided by net sales and presented in percent.

ttm (trailing twelve months)

Operating margin is an indicator of profitability and is often used to compare the profitability of companies and industries of differing sizes. Companies are collections of projects and markets, individual areas can be judged on how successful they are at adding to the corporate net profit. Not all projects are of equal size, however, and one way to adjust for size is to divide the profit by sales revenue. The resulting ratio is the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted.

Operating margin of companies in the Finance sector on OTC compared to Hut 8 Mining

What does Hut 8 Mining do?

Hut 8 Mining Corp. operates as a cryptocurrency mining company in Canada. The company engages in industrial scale bitcoin mining operations. It also owns and operates 38 BlockBox AC data centers in Drumheller, Alberta; and 56 BlockBox AC data centers in Medicine Hat, Alberta. The company is headquartered in Toronto, Canada.

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