Hyperscale Data to Recognize One Time Gain of Approximately $17.5 Million in Q1 2025
Hyperscale Data (NYSE: GPUS) announced it expects to recognize a one-time gain of approximately $17.5 million in Q1 2025 due to the deconsolidation of Avalanche International. The deconsolidation will result in the elimination of $17.5 million in current liabilities, significantly improving the company's working capital and stockholders' equity.
CEO William B. Horne emphasized that this development will help strengthen the company's position as a publicly listed entity on the NYSE American. The company plans to provide updates on additional structural changes in the coming months.
Hyperscale Data (NYSE: GPUS) ha annunciato che prevede di riconoscere un guadagno straordinario di circa 17,5 milioni di dollari nel primo trimestre del 2025 a causa della deconsolidazione di Avalanche International. La deconsolidazione comporterà l'eliminazione di 17,5 milioni di dollari in passività correnti, migliorando significativamente il capitale circolante e il patrimonio netto degli azionisti dell'azienda.
Il CEO William B. Horne ha sottolineato che questo sviluppo contribuirà a rafforzare la posizione dell'azienda come entità quotata in borsa su NYSE American. L'azienda prevede di fornire aggiornamenti su ulteriori cambiamenti strutturali nei prossimi mesi.
Hyperscale Data (NYSE: GPUS) anunció que espera reconocer una ganancia única de aproximadamente 17,5 millones de dólares en el primer trimestre de 2025 debido a la deconsolidación de Avalanche International. La deconsolidación resultará en la eliminación de 17,5 millones de dólares en pasivos corrientes, mejorando significativamente el capital de trabajo y el patrimonio de los accionistas de la empresa.
El CEO William B. Horne enfatizó que este desarrollo ayudará a fortalecer la posición de la empresa como entidad cotizada en NYSE American. La empresa planea proporcionar actualizaciones sobre cambios estructurales adicionales en los próximos meses.
하이퍼스케일 데이터 (NYSE: GPUS)는 아발란체 인터내셔널의 분리로 인해 2025년 1분기에 약 1,750만 달러의 일회성 이익을 인식할 것으로 예상한다고 발표했습니다. 이 분리는 1,750만 달러의 현재 부채 제거로 이어져 회사의 운전자본과 주주 자본을 크게 개선할 것입니다.
CEO 윌리엄 B. 호른은 이 발전이 NYSE 아메리칸에서 상장된 기업으로서 회사의 입지를 강화하는 데 도움이 될 것이라고 강조했습니다. 회사는 향후 몇 달 안에 추가적인 구조적 변화에 대한 업데이트를 제공할 계획입니다.
Hyperscale Data (NYSE: GPUS) a annoncé qu'elle s'attend à reconnaître un gain exceptionnel d'environ 17,5 millions de dollars au premier trimestre 2025 en raison de la déconsidération d'Avalanche International. La déconsidération entraînera l'élimination de 17,5 millions de dollars de passifs courants, améliorant ainsi considérablement le fonds de roulement et les capitaux propres des actionnaires de l'entreprise.
Le PDG William B. Horne a souligné que ce développement contribuera à renforcer la position de l'entreprise en tant qu'entité cotée en bourse sur le NYSE American. L'entreprise prévoit de fournir des mises à jour sur d'autres changements structurels dans les mois à venir.
Hyperscale Data (NYSE: GPUS) gab bekannt, dass es erwartet, im ersten Quartal 2025 einen einmaligen Gewinn von etwa 17,5 Millionen Dollar aufgrund der De-Konsolidierung von Avalanche International zu verbuchen. Die De-Konsolidierung wird zur Eliminierung von 17,5 Millionen Dollar an kurzfristigen Verbindlichkeiten führen, was das Betriebskapital und das Eigenkapital der Aktionäre des Unternehmens erheblich verbessern wird.
CEO William B. Horne betonte, dass diese Entwicklung dazu beitragen wird, die Position des Unternehmens als börsennotierte Gesellschaft an der NYSE American zu stärken. Das Unternehmen plant, in den kommenden Monaten Updates zu weiteren strukturellen Änderungen bereitzustellen.
- One-time gain of $17.5 million in Q1 2025
- Elimination of $17.5 million in current liabilities
- Improvement in working capital position
- Enhancement of stockholders' equity
- Gain is non-recurring, not representing sustainable improvement in operations
One Time Gain due to Deconsolidation of Avalanche International, Inc.
LAS VEGAS, March 31, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that it expects to recognize a one-time gain of approximately
William B. Horne, Chief Executive Officer of Hyperscale Data, commented, “The deconsolidation of Avalanche will result in the elimination of approximately
For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.
About Hyperscale Data, Inc.
Through its wholly owned subsidiaries, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries. Hyperscale Data’s subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
Hyperscale Data intends to completely divest itself of ACG on or about December 31, 2025, at which time, it would solely be an owner and operator of data centers to support high-performance computing services. Until that happens, the Company provides, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an artificial intelligence software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.
Hyperscale Data Investor Contact:
IR@hyperscaledata.com or 1-888-753-2235
FAQ
What is the expected financial impact of Avalanche International's deconsolidation on GPUS in Q1 2025?
How will the $17.5 million deconsolidation gain affect GPUS's balance sheet?
When will GPUS shareholders receive updates about additional structural changes?
What is the strategic importance of Avalanche International's deconsolidation for GPUS?
