GREE - Greenidge Generation Holdings Inc. Stock Price, Fair Value and News

2.48USD0.00 (0.00%)Delayed

Market Summary

USD2.480.00

Delayed

0.00%

GREE Stock Price

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GREE RSI Chart

GREE Valuation

Market Cap

24.3M

Price/Earnings (Trailing)

-0.96

Price/Sales (Trailing)

0.33

EV/EBITDA

-0.62

Price/Free Cashflow

-1.47

GREE Price/Sales (Trailing)

GREE Profitability

EBT Margin

-38.95%

Return on Equity

53.95%

Return on Assets

-33.91%

Free Cashflow Yield

-68.14%

GREE Fundamentals

GREE Revenue

Revenue (TTM)

74.6M

Rev. Growth (Yr)

27.55%

Rev. Growth (Qtr)

-1.57%

GREE Earnings

Earnings (TTM)

-25.3M

Earnings Growth (Yr)

51.73%

Earnings Growth (Qtr)

-234.06%

Breaking Down GREE Revenue

Last 7 days

-0.4%

Last 30 days

6.0%

Last 90 days

-38.5%

Trailing 12 Months

-24.2%

How does GREE drawdown profile look like?

GREE Financial Health

Current Ratio

1.52

GREE Investor Care

Shares Dilution (1Y)

63.65%

Diluted EPS (TTM)

-3.31

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	74.6M	0	0	0
2023	76.0M	67.8M	66.8M	70.4M
2022	115.4M	122.2M	108.3M	90.0M
2021	28.0M	39.5M	69.2M	97.3M
2020	0	9.7M	14.9M	20.1M
2019	0	0	0	4.4M

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Tracking the Latest Insider Buys and Sells of Greenidge Generation Holdings Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 28, 2024	irwin dale	sold	-23,600	4.18	-5,646	president
Feb 20, 2024	kovler jordan	bought	7,740	3.87	2,000	chief executive officer
Feb 16, 2024	kovler jordan	bought	6,111	4.0746	1,500	chief executive officer
Feb 13, 2024	mulvihill christian	acquired	139,422	4.35	32,051	chief financial officer
Feb 13, 2024	mulvihill christian	sold (taxes)	-44,572	4.397	-10,137	chief financial officer
Feb 05, 2024	kovler jordan	bought	10,024	3.28672	3,050	chief executive officer
Feb 01, 2024	irwin dale	acquired	-	-	18,717	president
Feb 01, 2024	mulvihill christian	acquired	-	-	18,717	chief financial officer
Jan 29, 2024	irwin dale	acquired	-	-	77,245	president
Dec 08, 2023	kovler jordan	acquired	-	-	51,282	chief executive officer

Which funds bought or sold GREE recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	sold off	-100	-117,519	-	-%
May 16, 2024	Ancora Advisors LLC	unchanged	-	-141	154	-%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	new	-	4.00	4.00	-%
May 15, 2024	Royal Bank of Canada	reduced	-99.09	-8,000	-	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	-54,570	59,500	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	sold off	-100	-188,269	-	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-69.52	-30,417	5,750	-%
May 15, 2024	ARMISTICE CAPITAL, LLC	new	-	1,576,050	1,576,050	0.02%
May 15, 2024	OLIVER LAGORE VANVALIN INVESTMENT GROUP	sold off	-100	-4.00	-	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-10.26	-138	123	-%

Are Funds Buying or Selling GREE?

Are funds buying GREE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GREE

No. of Funds

Unveiling Greenidge Generation Holdings Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	atlas capital resources (a9) lp	39.7%	19,202,652	SC 13D
Feb 14, 2022	atlas capital resources (a9) lp	50.0%	19,202,652	SC 13G

Recent SEC filings of Greenidge Generation Holdings Inc.

View All Filings

Date Filed	Form Type	Document
May 15, 2024	10-Q	Quarterly Report
May 07, 2024	10-K/A	Annual Report
May 01, 2024	8-K	Current Report
Apr 29, 2024	8-K	Current Report
Apr 29, 2024	ARS	ARS
Apr 29, 2024	DEF 14A	DEF 14A
Apr 29, 2024	DEFA14A	DEFA14A
Apr 19, 2024	8-K	Current Report
Apr 16, 2024	4/A	Insider Trading
Apr 10, 2024	10-K	Annual Report

Peers (Alternatives to Greenidge Generation Holdings Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GS	150.8B	67.8B	15.79%	41.90%	16.02	2.22	66.36%	-10.82%
ICE	79.4B	9.7B	5.89%	27.54%	32.02	8.17	0.75%	71.75%
CME	76.5B	5.7B	2.20%	17.16%	23.72	13.5	-1.46%	19.89%
COIN	50.4B	4.0B	-2.83%	244.72%	37.36	12.69	41.89%	159.36%
FDS	17.1B	2.2B	4.56%	14.05%	34.96	7.94	7.26%	9.28%
IBKR	13.3B	6.1B	13.36%	63.50%	4.56	2.18	64.44%	33.59%
MID-CAP
JEF	10.0B	8.2B	14.98%	55.53%	34.69	1.22	17.04%	-68.59%
HLI	8.6B	1.8B	9.27%	51.05%	33.31	4.69	0.16%	-0.33%
EVR	7.8B	2.5B	9.73%	87.02%	30.35	3.19	-6.73%	-35.85%
FRHC	4.4B	1.4B	13.91%	-9.89%	13.26	3.18	96.15%	398.80%
CLSK	3.7B	283.6M	7.37%	280.52%	57.45	12.87	122.34%	153.34%
SMALL-CAP
DFIN	1.9B	802.0M	5.79%	40.55%	18.98	2.36	-2.34%	8.49%
AMRK	887.2M	10.3B	5.41%	4.50%	11.13	0.09	24.66%	-47.53%
COHN	21.0M	92.7M	71.65%	67.62%	3.38	0.23	72.05%	185.64%
AAMC	7.0M	3.2M	-14.60%	-97.24%	-0.22	2.22	-44.67%	-114.57%

Greenidge Generation Holdings Inc. News

Latest updates

Greenidge Generation Holdings Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Revenue	-1.6%	19,333,000	19,642,000	20,879,000	14,710,000	15,157,000	16,013,000	21,885,000	22,926,000	29,155,000	34,332,000	35,754,000	16,176,000	11,063,000	6,177,000	6,123,000	4,672,000	-
Operating Expenses	50.3%	21,208,000	14,109,000	31,000,000	21,347,000	20,824,000	145,062,500	40,494,000	109,644,000	27,941,000	-3,148,000	47,619,000	10,892,000	9,178,000	-	6,629,000	4,901,000	-
S&GA Expenses	59.4%	5,487,000	3,443,000	6,662,000	7,049,000	9,013,000	7,344,000	7,789,000	8,291,000	11,809,000	11,829,500	5,446,000	3,627,000	3,229,000	1,450,000	1,493,000	1,189,000	-
EBITDA Margin	2.0%	-0.21	-0.22	-3.46	-3.26	-2.88	-2.44	-1.19	-1.06	-0.31	-0.36	0.05	0.05	0.06	0.07	-	-	-
Interest Expenses	-	1,534,000	-	-	-	1,696,000	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes	-	-	-	-	-	-	-36,000	-	15,419,000	-381,000	10,761,000	-4,989,000	1,397,000	732,000	-	-	-	-
Earnings Before Taxes	-	-	-	-	-	-	-138,451,000	-23,098,000	-92,393,000	-797,000	-38,113,000	-12,885,000	4,915,000	2,011,000	-	-289,000	-571,000	-
EBT Margin	5.6%	-0.39	-0.41	-3.82	-3.76	-3.35	-2.83	-1.43	-1.18	-0.41	-0.45	-0.05	-0.08	-0.12	-0.16	-	-	-
Net Income	-234.1%	-3,944,000	2,942,000	-14,239,000	-10,042,000	-8,171,000	-139,580,000	-23,177,000	-107,882,000	-429,000	-41,381,000	-7,896,000	3,518,000	1,279,000	-824,000	-289,000	-571,000	-
Net Income Margin	19.1%	-0.34	-0.42	-2.58	-2.67	-3.67	-3.01	-1.60	-1.29	-0.40	-0.46	-0.06	0.09	-0.01	-0.16	-0.57	-0.88	-1.91
Free Cashflow	55.6%	-4,990,000	-11,245,000	1,848,000	-2,151,000	-607,000	-8,431,000	-6,195,000	-4,582,000	4,723,000	18,590,000	17,264,000	6,915,000	2,487,000	-231,000	93,000	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	4.8%	75.00	71.00	90.00	94.00	95.00	164	307	343	431	341	258	129	97.00	65.00	57.00
Current Assets	26.2%	31.00	24.00	22.00	23.00	25.00	33.00	55.00	86.00	114	101	64.00	60.00	-	8.00	19.00
Cash Equivalents	7.7%	14.00	13.00	11.00	15.00	17.00	15.00	39.00	66.00	96.00	83.00	51.00	38.00	39.00	5.00	12.00
Net PPE	-6.7%	42.00	45.00	48.00	71.00	70.00	130	246	249	292	216	122	67.00	-	57.00	37.00
Goodwill	-	-	-	-	-	-	-	3.00	3.00	3.00	3.00	46.00	-	-	-	-
Liabilities	-0.6%	121	122	155	146	141	211	218	233	215	129	53.00	36.00	28.00	20.00	23.00
Current Liabilities	-3.5%	20.00	21.00	35.00	30.00	24.00	99.00	98.00	99.00	100	42.00	33.00	20.00	-	12.00	8.00
Shareholder's Equity	8.2%	-46.86	-51.02	-	-	-45.62	-47.05	90.00	110	216	212	206	93.00	89.00	44.00	34.00
Retained Earnings	-1.1%	-373	-369	-372	-358	-348	-340	-200	-177	-69.82	-69.40	-28.01	-20.12	-	-24.92	-20.35
Additional Paid-In Capital	2.3%	327	320	308	307	303	294	291	288	286	282	234	113	-	-	-
Accumulated Depreciation	30.6%	14.00	11.00	-	-	-	-	-	-	-	-	14.00	12.00	-	9.00	4.00
Shares Outstanding	7.2%	10.00	9.00	7.00	7.00	6.00	5.00	4.00	4.00	4.00	4.00	4.00	3.00	-	-	-
Float	-	-	-	-	12.00	-	-	-	35.00	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Cashflow From Operations	55.6%	-4,990	-11,245	1,848	-2,151	-607	-8,431	-6,195	-4,582	4,723	18,590	17,264	6,915	2,487	-231	93.00	-	-
Share Based Compensation	31.6%	1,070	813	482	568	481	1,607	360	307	362	2,296	411	407	656	-	-	-	-
Cashflow From Investing	-122.0%	-952	4,321	-3,911	-574	-5,867	716	-18,328	-33,101	-70,641	-124,927	-9,063	-23,914	-5,667	-1,253	-389	-	-
Cashflow From Financing	-22.7%	7,038	9,106	-1,195	1,048	4,813	-17,079	-5,160	6,213	78,163	115,990	5,058	15,723	37,294	3,300	-	-	-

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GREE Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUE:
Total revenue	$ 19,333,000	$ 15,157,000
OPERATING COSTS AND EXPENSES:
Selling, general and administrative	5,487,000	9,013,000
Depreciation	3,234,000	3,820,000
Gain on sale of assets	0	1,744,000
Total operating costs and expenses	21,208,000	20,824,000
Operating loss	(1,875,000)	(5,667,000)
OTHER INCOME (EXPENSE), NET:
Interest expense, net	(1,802,000)	(3,573,000)
Gain on sale of digital assets	59,000	398,000
Change in fair value of warrant asset	(420,000)	0
Total other expense, net	(2,163,000)	(3,175,000)
Loss from continuing operations before income taxes	(4,038,000)	(8,842,000)
Benefit from income taxes	0	0
Net loss from continuing operations	(4,038,000)	(8,842,000)
Income from discontinued operations, net of tax	94,000	671,000
Net loss	(3,944,000)	(8,171,000)
Comprehensive Loss
Net loss	(3,944,000)	(8,171,000)
Foreign currency translation adjustment	(3,000)	17,000
Comprehensive loss	$ (3,947,000)	$ (8,154,000)
Net loss per share, basic and diluted:
Net loss per share from continuing operations, basic (in dollars per share)	$ (0.43)	$ (1.66)
Net loss per share from continuing operations, diluted (in dollars per share)	(0.43)	(1.66)
Income per share from discontinued operations, basic (in dollars per share)	0.01	0.13
Income per share from discontinued operations, diluted (in dollars per share)	0.01	0.13
Net loss per share, basic (in dollars per share)	(0.42)	(1.53)
Net loss per share, diluted (in dollars per share)	$ (0.42)	$ (1.53)
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Basic (in shares)	9,494,000	5,343,000
Diluted (in shares)	9,494,000	5,343,000
Impairment Loss	$ 169,000	$ 0
Datacenter hosting
REVENUE:
Total revenue	9,112,000	6,944,000
OPERATING COSTS AND EXPENSES:
Cost of revenue	7,018,000	4,671,000
Cryptocurrency mining
REVENUE:
Total revenue	6,999,000	6,451,000
OPERATING COSTS AND EXPENSES:
Cost of revenue	3,671,000	3,248,000
Power and capacity
REVENUE:
Total revenue	3,037,000	1,762,000
OPERATING COSTS AND EXPENSES:
Cost of revenue	1,546,000	1,816,000
EPCM consulting services
REVENUE:
Total revenue	185,000	0
OPERATING COSTS AND EXPENSES:
Cost of revenue	$ 83,000	$ 0

GREE Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash and cash equivalents, including restricted cash	$ 14,337,000	$ 13,312,000
Digital assets	301,000	347,000
Accounts receivable	574,000	358,000
Prepaid expenses and current other assets	2,818,000	3,864,000
Emissions and carbon offset credits	11,952,000	5,694,000
Income tax receivable	857,000	857,000
Total current assets	30,839,000	24,432,000
LONG-TERM ASSETS:
Property and equipment, net	42,055,000	45,095,000
Other long-term assets	1,675,000	1,652,000
Total assets	74,569,000	71,179,000
CURRENT LIABILITIES:
Accounts payable	2,590,000	3,495,000
Accrued emissions expense	12,256,000	10,520,000
Accrued expenses	4,266,000	6,116,000
Short-term environmental liability	663,000	363,000
Other short-term liabilities	150,000	0
Current liabilities held for sale	321,000	483,000
Total current liabilities	20,246,000	20,977,000
LONG-TERM LIABILITIES:
Long-term debt, net of deferred financing fees	68,971,000	68,710,000
Environmental liabilities	29,566,000	29,866,000
Other long-term liabilities	2,650,000	2,650,000
Total liabilities	121,433,000	122,203,000
COMMITMENTS AND CONTINGENCIES (NOTE 10)
STOCKHOLDERS' DEFICIT:
Preferred stock, par value $0.0001, 20,000,000 shares authorized, none outstanding	0	0
Common stock, par value $0.0001, 500,000,000 shares authorized, 9,786,178 and 9,131,252 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	1,000	1,000
Additional paid-in capital	327,401,000	319,992,000
Cumulative translation adjustment	(348,000)	(345,000)
Common stock subscription receivable	0	(698,000)
Accumulated deficit	(373,918,000)	(369,974,000)
Total stockholders' deficit	(46,864,000)	(51,024,000)
Total liabilities and stockholders' deficit	$ 74,569,000	$ 71,179,000

About Greenidge Generation Holdings Inc.

Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenters in New York and South Carolina. It also owns and operates a 106 MW nameplate natural gas power generation facility. The company was founded in 1937 and is headquartered in Dresden, New York.

CEO	Mr. David Anderson C.F.A., CFA, M.B.A., MBA
WEBSITE	https://greenidge.com
INDUSTRY	Mortgage Finance
EMPLOYEES	347

Greenidge Generation Holdings Inc. Frequently Asked Questions

What is the ticker symbol for Greenidge Generation Holdings Inc.? What does GREE stand for in stocks?

GREE is the stock ticker symbol of Greenidge Generation Holdings Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Greenidge Generation Holdings Inc. (GREE)?

As of Fri May 17 2024, market cap of Greenidge Generation Holdings Inc. is 24.27 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GREE stock?

You can check GREE's fair value in chart for subscribers.

What is the fair value of GREE stock?

You can check GREE's fair value in chart for subscribers. The fair value of Greenidge Generation Holdings Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Greenidge Generation Holdings Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GREE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Greenidge Generation Holdings Inc. a good stock to buy?

The fair value guage provides a quick view whether GREE is over valued or under valued. Whether Greenidge Generation Holdings Inc. is cheap or expensive depends on the assumptions which impact Greenidge Generation Holdings Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GREE.

What is Greenidge Generation Holdings Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, GREE's PE ratio (Price to Earnings) is -0.96 and Price to Sales (PS) ratio is 0.33. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GREE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Greenidge Generation Holdings Inc.'s stock?

In the past 10 years, Greenidge Generation Holdings Inc. has provided -0.386 (multiply by 100 for percentage) rate of return.