Operates institutional-scale Bitcoin mining facilities in the United States. Mines Bitcoin using specialized computer hardware. Now — the numbers.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
Average growth of 32% a year over the last 4 years. Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
This company is not turning a profit, so the market is pricing its sales instead: 12.8× for every dollar of annual revenue.
Against companies in its own sector, it looks cheaper than 1% of them.
Analysts' average target sits 44% above today's price.
The stock trades 50% below its peak. The market has trimmed its expectations for the company.
The company sells $647.4M a year; the problem isn’t sales — it’s costs running above that number.
A loss of $663.2M against $647.4M in annual sales.
This stock swings about 3.8 times as much as the market average. Big rallies — and big drops — can both happen fast.
At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.
On our five-subject report card, RIOT sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: RIOT has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.
Analysts’ average target sits above today’s price, yet the valuation grade (1/100) says the stock isn’t cheap.