MARA Announces Fourth Quarter and Full Year 2024 Results
MARA Holdings (NASDAQ: MARA) released its Q4 and full-year 2024 financial results, reporting record-breaking performance across multiple metrics. The company achieved record-high Revenue, Net Income, and Adjusted EBITDA for both Q4 and full-year 2024.
Key operational highlights include a direct energy cost of $28.8K per bitcoin from owned sites in 2024, and a notable BTC yield per share of 62.9% for the year. The company, which focuses on digital asset compute to support energy transformation, will discuss these results in detail during their earnings webcast scheduled for February 26, 2025, at 5:00 p.m. Eastern Time.
MARA Holdings (NASDAQ: MARA) ha pubblicato i risultati finanziari per il quarto trimestre e l'intero anno 2024, registrando performance da record su più metriche. L'azienda ha raggiunto un fatturato, un reddito netto e un EBITDA rettificato ai massimi storici sia per il quarto trimestre che per l'intero anno 2024.
I principali punti operativi includono un costo energetico diretto di $28.8K per bitcoin dai siti di proprietà nel 2024, e un notevole rendimento BTC per azione del 62.9% per l'anno. L'azienda, che si concentra sul calcolo degli asset digitali per supportare la trasformazione energetica, discuterà questi risultati in dettaglio durante il loro webcast sugli utili programmato per il 26 febbraio 2025, alle 17:00 ora orientale.
MARA Holdings (NASDAQ: MARA) publicó sus resultados financieros del cuarto trimestre y del año completo 2024, reportando un rendimiento récord en múltiples métricas. La compañía alcanzó ingresos, ganancias netas y EBITDA ajustado en niveles récord tanto para el cuarto trimestre como para el año completo 2024.
Los aspectos operativos clave incluyen un costo energético directo de $28.8K por bitcoin de sitios propios en 2024, y un notable rendimiento de BTC por acción del 62.9% para el año. La empresa, que se centra en el cálculo de activos digitales para apoyar la transformación energética, discutirá estos resultados en detalle durante su webcast de ganancias programado para el 26 de febrero de 2025, a las 5:00 p.m. hora del Este.
MARA Holdings (NASDAQ: MARA)는 2024년 4분기 및 연간 재무 결과를 발표하며 여러 지표에서 기록적인 성과를 보고했습니다. 이 회사는 2024년 4분기와 연간 모두에서 사상 최고 수익, 순이익, 조정 EBITDA를 달성했습니다.
주요 운영 하이라이트에는 2024년 소유한 사이트에서 발생한 비트코인당 $28.8K의 직접 에너지 비용과 연간 주당 62.9%의 BTC 수익률이 포함됩니다. 에너지 전환을 지원하기 위해 디지털 자산 컴퓨팅에 집중하는 이 회사는 2025년 2월 26일 동부 표준시 오후 5시에 예정된 수익 웹캐스트에서 이러한 결과를 자세히 논의할 것입니다.
MARA Holdings (NASDAQ: MARA) a publié ses résultats financiers pour le quatrième trimestre et l'année complète 2024, enregistrant des performances record sur plusieurs indicateurs. La société a atteint des niveaux record de revenu, revenu net et EBITDA ajusté tant pour le quatrième trimestre que pour l'année complète 2024.
Les faits marquants opérationnels comprennent un coût énergétique direct de $28.8K par bitcoin provenant de sites détenus en 2024, et un rendement BTC par action de 62.9% pour l'année. L'entreprise, qui se concentre sur le calcul des actifs numériques pour soutenir la transformation énergétique, discutera de ces résultats en détail lors de son webinaire sur les résultats prévu pour le 26 février 2025 à 17h00, heure de l'Est.
MARA Holdings (NASDAQ: MARA) hat seine finanziellen Ergebnisse für das vierte Quartal und das gesamte Jahr 2024 veröffentlicht und dabei Rekordleistungen in mehreren Kennzahlen erzielt. Das Unternehmen verzeichnete sowohl im vierten Quartal als auch im gesamten Jahr 2024 Rekordhöhen bei Umsatz, Nettoeinkommen und bereinigtem EBITDA.
Wichtige betriebliche Höhepunkte umfassen direkte Energiekosten von $28.8K pro Bitcoin aus eigenen Standorten im Jahr 2024 sowie eine bemerkenswerte BTC-Rendite pro Aktie von 62.9% für das Jahr. Das Unternehmen, das sich auf digitale Vermögenswerte zur Unterstützung der Energiewende konzentriert, wird diese Ergebnisse im Detail während ihres Earnings-Webcasts am 26. Februar 2025 um 17:00 Uhr Eastern Time besprechen.
- Record-high Revenue in Q4 and FY2024
- Record-high Net Income in Q4 and FY2024
- Record-high Adjusted EBITDA in Q4 and FY2024
- 62.9% BTC yield per share for 2024
- $28.8K direct energy cost per bitcoin from owned sites
Insights
MARA Holdings has delivered record-high revenue, net income, and Adjusted EBITDA for both Q4 and full-year 2024, signaling robust operational execution in a challenging post-halving environment. While the release lacks specific financial figures, these record results suggest MARA has successfully navigated the April 2024 Bitcoin halving event that reduced mining rewards by 50%.
The company's $28.8K direct energy cost per bitcoin from owned sites represents a critical efficiency metric. This figure merits attention as energy typically constitutes 75-90% of bitcoin mining operational expenses. For context, industry average production costs ranged between $30K-$40K per bitcoin in late 2024, positioning MARA's efficiency among the industry leaders.
MARA's reported BTC yield per share of 62.9% for 2024 indicates substantial bitcoin production relative to outstanding shares. This metric helps investors quantify the company's bitcoin generation efficiency on a per-share basis, effectively measuring how much bitcoin-denominated value MARA created for each share outstanding during the year.
The company's emphasis on owned sites for bitcoin production highlights vertical integration in its operations, reducing exposure to third-party hosting risks and potentially improving margins. This approach aligns with industry trends toward greater operational control and site ownership among leading miners.
MARA's positioning around energy transformation suggests continued focus on renewable energy integration and grid-stabilization initiatives, which could provide both ESG benefits and additional revenue streams beyond pure bitcoin mining. This diversification strategy may help insulate the company from bitcoin price volatility and create competitive advantages against less energy-innovative miners.
Record-high Revenue, Net Income, and Adjusted EBITDA for the full year and Q4 2024
BTC yield per share of
Fort Lauderdale, FL, Feb. 26, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today announced its fourth quarter and full year 2024 financial results in a letter to shareholders.
Investors are invited to access the fourth quarter 2024 shareholder letter at MARA’s website at ir.mara.com. A copy of the letter will also be furnished to the Securities and Exchange Commission on a Form 8-K.
MARA will hold a webcast and conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) today to discuss these financial results. To register to participate in the conference call, please use this link. The webcast will also be available for replay via the investor relations section of the Company’s website.
Earnings Webcast and Conference Call Details
Date: Wednesday, February 26, 2025
Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)
Registration link: LINK
If you have any difficulty connecting to the conference call, please contact MARA’s investor relations team at ir@mara.com.
About MARA
MARA (NASDAQ: MARA) is a global leader in digital asset compute that develops and deploys innovative technologies to build a more sustainable and inclusive future. MARA secures the world’s preeminent blockchain ledger and supports the energy transformation by converting clean, stranded, or otherwise underutilized energy into economic value.
For more information, visit www.mara.com, or follow us on:
Twitter: @MARAHoldings
LinkedIn: www.linkedin.com/company/MARAHoldings
Facebook: www.facebook.com/MARAHoldings
Instagram: @maraholdingsinc
MARA Company Contact:
Telephone: 800-804-1690
Email: ir@mara.com
MARA Media Contact:
Email: mara@wachsman.com
FAQ
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