CleanSpark Strategic Growth Presentation

Income Statement FY2024 Q1 (cont'd) ($ in thousands, except per value and share amounts) Loss before income tax expense Income tax expense Loss from continuing operations Q1-23 December 31, 2022 Q2-23 March 31, 2023 Q3-23 June 30, 2023 (30,488) (18,166) +A $ (30,488) (18,166) (14,117) (14,117) Q4-23 September 30, 2023 FYE-23 September 30, 2023 (68,532) (131,303) 857 (69,389) $ 857 (132,160) Discontinued operations Gain (Loss) from discontinued operations $ 1,457 (294) (102) (5,490) $ (4,429) Net loss $ (29,031) (18,460) (14,219) (74,879) $ (136,589) Other comprehensive income 29 29 28 30 116 Total comprehensive loss attributable to common shareholders $ (29,002) (18,431) (14,191) (74,849) $ (136,473) $ LA (0.46) 66,395,174 (0.46) (0.23) 80,469,471 (0.23) (0.12) 114,844,402 (0.12) (0.47) 148,1579,790 $ (1.29) 102,707,509 66,395,174 80,469,471 114,844,402 (0.47) 148,1579,790 (1.29) 102,707,509 Loss from continuing operations per common share - basic Weighted average common shares outstanding - basic Loss from continuing operations per common share - diluted Weighted average common shares outstanding - diluted Adjusted EBITDA calculation: Net loss (Gain) loss on discontinued operations Depreciation and amortization Share-based compensation expense Other income Change in fair value of contingent consideration Unrealized (gain) loss of derivative security Interest income Interest expense Loss on disposal of assets Income tax expense Litigation related expenses Professional fees related to financing & business development transactions Severance expenses Adjusted EBITDA NASDAQ: CLSK $ (29,031) (18,460) (14,219) (1,457) 294 102 (74,879) 5,490 $ (136,589) 4,429 120,728 19,329 21,346 21,850 58,203 5,878 5,743 5,947 6,574 24,142 (11) (11) (485) (2,000) 1 (2,484) 259 1,271 (56) (105) (851) (70) (52) (52) (307) (481) 2,977 889 799 689 600 3 1,931 1,928 857 857 1,163 7,872 542 3,056 48 1,036 2,617 697 85 22 701 701 $ (1,971) 12,721 All Rights Reserved. 13,333 945 $ 25,028 Copyright 2024 CleanSpark | 30

View entire presentation