Revenue: As of FY2025 Q1, the actual value is USD 48.96 M.EPS: As of FY2025 Q1, the actual value is USD -0.11.EBIT: As of FY2025 Q1, the actual value is USD -38.83 M.<h3>Segment Revenue</h3><ul><li>Bitcoin Mining Revenue: Revenue for the three months ended March 31, 2025, was $48.959 million, compared to $48.137 million for the same period in 2024, generated entirely from bitcoin mining operations at the Odessa Facility.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income: The company reported a net loss of $38.975 million for the three months ended March 31, 2025, compared to a net income of $39.9 million for the same period in 2024.</li><li>Cost of Revenue: Cost of revenue was $14.894 million for the three months ended March 31, 2025, compared to $14.820 million for the same period in 2024.</li><li>Depreciation and Amortization: Depreciation and amortization expenses were $43.467 million for the three months ended March 31, 2025, compared to $17.244 million for the same period in 2024.</li><li>Operating Loss: The operating loss for the three months ended March 31, 2025, was $38.088 million, compared to an operating income of $46.786 million for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: Net cash used in operating activities was $47.238 million for the three months ended March 31, 2025, compared to $26.636 million for the same period in 2024.</li><li>Investing Cash Flow: Net cash used in investing activities was $17.298 million for the three months ended March 31, 2025, compared to $30.957 million for the same period in 2024.</li><li>Financing Cash Flow: Net cash provided by financing activities was $82.124 million for the three months ended March 31, 2025, compared to $60.163 million for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Bitcoin Inventory: The company held approximately 630 bitcoin at March 31, 2025, with a fair value of $52.024 million, compared to 994 bitcoin at December 31, 2024, with a fair value of $92.651 million.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to continue expanding its business by developing and operating industrial-scale data centers for bitcoin mining and high-performance computing (HPC), with a focus on expanding capacity at current data centers and entering into strategic arrangements such as joint ventures and hosting agreements.</li><li>Non-Core Business: The company is exploring opportunities in data center hosting and leasing agreements, as well as software licensing arrangements, to diversify its revenue streams.</li></ul>

Cipher Mining - CW25 | 10-Q: FY2025 Q1 Revenue: USD 48.96 M