Slide 1: FY2023 Earnings Call
CleanSpark.~}> FY2023 Earnings Call
Slide 2: Safe Harbor Statement
CleanSpark is America's Bitcoin Miner™ Safe Harbor Statement This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding expectations for growth and the Company’s bitcoin holdings and other statements reg
Slide 3: Zach Bradford, Chief Executive Officer
Zach Bradford Chief Executive Officer
Slide 4: CleanSpark is America's Bitcoin Miner
CleanSpark is America's Bitcoin Miner™ Transformational Industry-leading Exceptionally strong infrastructure operational track record balance sheet 88,825 155,000 $168M ~$71M Miners Miners at full Revenue FYTD Cash balance1 deployed deployment 10 EH/s 20.4 EH/s 44% 2,575 BTC / ~$97M Deployed After f
Slide 5: Bitcoin Mining Data Centers
Bitcoin Mining Data Centers Dalton, Georgia Norcross, Georgia Massena, New York .8 EH/s .5 EH/s 1.6 EH/s Washington, Georgia 3.2 EH/s Sandersville, Georgia College Park, Georgia 2.4 EH/s 1.5 EH/s *Hashrate as of November 30, 2023. NASDAQ: CLSK Copyright 2023 CleanSpark | 5
Slide 6: Hardware and Software Optimizations
Hardware and Software Optimizations Current Sandersville S21 Deployment 10 EH/s 16 EH/s 20.4 EH/s 26.4 J/TH 25.2 J/TH 24.1 J/TH Average Fleet Efficiency Average Fleet Efficiency Average Fleet Efficiency Watts/TH Efficiency Fleet % Watts/TH Efficiency Fleet % Watts/TH Efficiency Fleet % 21.5 11% 21.5
Slide 7: Our Energy Strategy
Our Energy Strategy
Slide 8: Sandersville
Sandersville Prey SUE Na IMP
Slide 9: Dalton
Dalton
Slide 10: It Takes Grit and Teamwork
It Takes Grit and Teamwork
Slide 11: Gary A. Vecchiarelli, Chief Financial Officer
Gary A. Vecchiarelli Chief Financial Officer
Slide 12: Financial Performance: Revenue & Margins
Financial Performance: Revenue & Margins Revenue Gross Profit1 $168.4M $131.5M $90.3M 69% $74.8M 44% FY 2022 FY 2023 FY 2022 FY 2023 Net Income/Loss Adjusted EBITDA $56.1M 43% ($57.3M) $25.0M 15% ($136.6M) FY 2022 FY 2023 FY 2022 FY 2023 1 Gross Profit does not include labor and other operating cost
Slide 13: Our Energy Expertise Drives Sophisticated Power Management
Our Energy Expertise Drives Sophisticated Power Management FY23 Power Cost 6% 6% Cost to Mine Wholesale Electricity $0.036 Owned Facilities 13% Transmission & Distribution $0.006 $12,473 Profit Margin to City $0.003 Cost to Mine Taxes $0.003 Hosted Facilities 75% Total Cost of Power $0.048 $15,797 N
Slide 14: Financial Results – Selected Balance Sheet Data
Financial Results – Selected Balance Sheet Data* $29.2M $761.6M Cash & Cash Equivalents Total Assets, Net $56.2M / 2,240₿ Bitcoin $85.4M $15.9M Total Liquidity Total Debt *As of September 30, 2023 NASDAQ: CLSK Copyright 2023 CleanSpark | 14
Slide 15: Q&A
Q&A
Slide 16: CleanSpark - America's Bitcoin Miner
CleanSpark + America’s Bitcoin Miner™