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Magnum7419

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Magnum7419

Re: None

Tuesday, 11/16/2021 2:50:33 PM

Tuesday, November 16, 2021 2:50:33 PM

Post# of 5756

Adjusted EBITDA for the quarter ended September 30, 2021, was $37.6 million, as compared to an Adjusted EBITDA loss of $0.4 million for the same three-month period in 2020.


"Taking into account the year-over-year $40.6 million increase in quarterly mining revenue margin relative to the year-over-year $2.8 million increase in SG&A expenses net of stock-based compensation, the Company is demonstrating increasing positive operating leverage and growing economies of scale."

https://www.riotblockchain.com/investors/news-events/press-releases/detail/119/riot-blockchain-reports-record-third-quarter-2021-financial
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