Hut 8 Corp.

Finance Services·MIAMI, FL·FY end 12/31·CIK 1964789

CEO Pay Ratio

2,423:1

Asher Genoot

CEO Total Comp

$10.6K

Asher Genoot

Median Employee

$99,022

Revenue

$235.1M

FY 2025

Net Income

-$226.1M

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

-96.2%

Insider Net (180d)

-$2.6M

0 buys / 6 sales

CEO Pay Accountability

CEO comp as % of net income

-0.00%

For every $1,000 of profit, $-0.05 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

2-year history · USD

Metric	FY 2025	FY 2024	Trend
Revenue	$235.1M	$162.4M
Gross Profit	—	—	—
Operating Income	-$322.0M	$460.5M
Net Income	-$226.1M	$331.9M
Operating CF	-$139.2M	-$68.5M
Capex	—	—	—
Free Cash Flow	—	—	—
Buybacks	—	—	—
Dividends	—	—	—

Gross Margin	—	—	—
Operating Margin	-136.9%	283.6%
Net Margin	-96.2%	204.4%
FCF Margin	—	—	—
R&D / Revenue	—	—	—
Effective Tax	17.3%	25.1%
Debt / Equity	—	0.55	—
Buybacks / FCF	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Michael HoChief Strategy Officer (5)	$11.20T	$980.0K	$119.7M	$490.0K	—	$10.7K
Asher GenootChief Executive Officer (3)	$11.20T	$1.1M	$238.2M	$550.0K	—	$10.6K
Sean GlennanChief Financial Officer (4)	$11.20T	$800.0K	$878.7K	$400.0K	—	—
Victor SemahChief Legal Officer & Corporate Secretary (6)	$11.20T	$637.5K	$1.2M	$375.0K	—	—