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Marathon Patent Group Inc (MARA)

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16.08 +0.85    +5.58%
11/10 - Closed. Currency in USD ( Disclaimer )
After Hours
16.02
-0.04
-0.25%
0:59:50 - Real-time Data
  • Volume: 36,454,615
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 15.31 - 16.23
Type:  Equity
Market:  United States
Marathon Digital 16.08 +0.85 +5.58%

Marathon Digital (NASDAQ:MARA) Annual Report

 
This summary provides an overview of the most significant critical numbers from each of the Marathon Digital financial reports, including the Marathon Patent Group Inc income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health.

Investors can select to view data from four periods of either annual or quarterly information, allowing them to track the NASDAQ:MARA financials over time via breakdowns of their annual reports. Advanced annual reports and additional financial summaries (including visual charts) are available to users with an InvestingPro account.

Marathon Digital Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was USD 145.14 million compared to USD 81.76 million a year ago. Net loss was USD 199.66 million compared to USD 8.96 million a year ago. Basic loss per share from continuing operations was USD 0.72 compared to USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.72 compared to USD 0.07 a year ago.For the six months, sales was USD 310.34 million compared to USD 132.89 million a year ago. Net income was USD 137.51 million compared to USD 109.74 million a year ago. Basic earnings per share from continuing operations was USD 0.51 compared to USD 0.66 a year ago. Diluted earnings per share from continuing operations was USD 0.5 compared to USD 0.66 a year ago.

AnnualQuarterly  
Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

%SHORT_NAME% (MARA) Income Statement & Profits

Gross margin TTM 43.56%
Operating margin TTM 12.16%
Net Profit margin TTM 51.15%
Return on Investment TTM 2.73%
 Total Revenue  Net Income
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Total Revenue 145.14 165.2 156.77 97.85
Gross Profit 51.25 74.99 81.66 38.22
Operating Income -116.99 407.05 256.64 -15.63
Net Income -199.66 337.17 223.4 64.14

MARA Annual Report (Balance Sheet)

Quick Ratio MRQ 2.77
Current Ratio MRQ 3.75
LT Debt to Equity MRQ 12.36%
Total Debt to Equity MRQ 13.13%
 Total Assets  Total Liabilities
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Total Assets 3117.16 2956.99 1990.97 1383.78
Total Liabilities 474.5 480.09 375.05 363.83
Total Equity 2642.66 2476.89 1615.92 1019.95

%SHORT_NAME% (MARA) Latest Cash Flow Statement

Cash Flow/Share TTM -1.38
Revenue/Share TTM 2.07
Operating Cash Flow  -116.09%
 Cash  Net Change in Cash
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities -115.17 -88.34 -91.16 -81.62
Cash From Investing Activities -278 -416.59 4.97 33.58
Cash From Financing Activities 336.93 471.89 342.3 21.29
Net Change in Cash -56.24 -33.04 256.1 -26.75
* In Millions of USD (except for per share items)
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Marathon Digital (MARA) Price Discussion

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trick llaud
trick llaud May 09, 2024 18:29
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tengo el o je te super abierto
trick llaud
trick llaud May 09, 2024 18:28
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kaka kulo pedo pis
Vusal Baghirov
Vusal Baghirov Mar 14, 2024 15:15
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Bitcoin is raising, but bitcoin mining companies are dropping, are there any news or insights regarding this?
Isaac Norman
Isaac Norman Mar 14, 2024 15:15
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halving is near. rewards for bitcoin miners will drop
Burak Akın
Burak Akın Mar 14, 2024 15:15
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hi mr Isaac so If there is a halving, won't the mining company rise?
Wendy Chan
Wendy Chan Mar 14, 2024 15:15
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Burak Akın I think halving for mining companies income becomes lesser
trick llaud
trick llaud Mar 11, 2024 15:54
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amazing jilis
יונתן שיפר
יונתן שיפר Feb 09, 2024 17:48
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Amazing company
יונתן שיפר
יונתן שיפר Feb 09, 2024 17:48
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Amazing company
Michael Potts
Michael Potts Feb 09, 2024 13:30
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Im running a marathon in May. 26.2 miles, mad that, isnt it?
Yasir Kiani
Yasir Kiani Jan 18, 2024 17:43
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It's one of the worst manipulated stocks I have ever seen. Same day they pump it 8% & same day dump 8%.
Mantas Jakumas
Mantas Jakumas Jan 11, 2024 16:49
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Okey let's buy nice price
Mantas Jakumas
Mantas Jakumas Dec 29, 2023 16:27
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in 2 days nice profit on sell position
 
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