RIOT - Riot Blockchain Inc Stock Price, Fair Value and News

10.36USD+0.19 (+1.87%)Market Closed

Market Summary

USD10.36+0.19

Market Closed

1.87%

RIOT Alerts

Big jump in Earnings (Y/Y)

RIOT Stock Price

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RIOT RSI Chart

RIOT Valuation

Market Cap

2.9B

Price/Earnings (Trailing)

13.47

Price/Sales (Trailing)

10.24

EV/EBITDA

10.48

Price/Free Cashflow

-11.42

RIOT Price/Sales (Trailing)

RIOT Profitability

Operating Margin

95.68%

EBT Margin

-7.13%

Return on Equity

8.81%

Return on Assets

8.35%

Free Cashflow Yield

-8.76%

RIOT Fundamentals

RIOT Revenue

Revenue (TTM)

286.7M

Rev. Growth (Yr)

8.27%

Rev. Growth (Qtr)

0.61%

RIOT Earnings

Earnings (TTM)

218.0M

Earnings Growth (Yr)

480.29%

Earnings Growth (Qtr)

167.3%

Breaking Down RIOT Revenue

52 Week Range

10.36

(Low)(High)

Last 7 days

0.6%

Last 30 days

-0.3%

Last 90 days

-10.2%

Trailing 12 Months

-3.0%

How does RIOT drawdown profile look like?

RIOT Financial Health

Current Ratio

8.47

RIOT Investor Care

Shares Dilution (1Y)

64.95%

Diluted EPS (TTM)

0.95

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	286.7M	0	0	0
2023	252.6M	256.4M	262.0M	280.7M
2022	269.8M	308.4M	289.9M	259.2M
2021	32.9M	65.3M	127.6M	213.2M
2020	7.8M	7.3M	8.0M	12.1M
2019	8.3M	8.0M	7.4M	6.8M
2018	1.2M	3.9M	6.3M	7.8M
2017	101.6K	90.7K	91.2K	269.7K
2016	109.7K	120.3K	111.0K	121.7K
2015	158.9K	150.8K	147.7K	76.7K
2014	127.3K	140.5K	153.7K	167.0K
2013	0	0	108.3K	81.3K
2012	129.0K	101.0K	85.0K	59.3K
2011	325.1K	321.0K	262.5K	219.0K
2010	0	317.3K	343.8K	370.2K
2009	0	0	0	290.9K

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Riot Blockchain Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 15, 2024	werner ryan d.	sold	-390,250	11.15	-35,000	svp, cao
Feb 28, 2024	cho hannah	sold	-261,300	17.42	-15,000	-
Feb 22, 2024	werner ryan d.	back to issuer	-	-	-135,998	svp, cao
Feb 22, 2024	werner ryan d.	sold (taxes)	-77,265	15.73	-4,912	svp, cao
Feb 22, 2024	les jason	back to issuer	-	-	-298,334	chief executive officer
Feb 22, 2024	jackman william richard	back to issuer	-	-	-192,000	evp, general counsel
Feb 22, 2024	yi soo il benjamin	back to issuer	-	-	-298,334	executive chairman
Feb 22, 2024	chung jason	back to issuer	-	-	-192,000	evp, corp dev
Feb 22, 2024	les jason	sold (taxes)	-247,810	15.73	-15,754	chief executive officer
Feb 22, 2024	yee colin m.	back to issuer	-	-	-192,000	evp, cfo

Which funds bought or sold RIOT recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	VitalStone Financial, LLC	added	100	-	2,000	-%
May 06, 2024	SG Americas Securities, LLC	reduced	-13.37	-252,000	548,000	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	-23.00	86.00	-%
May 06, 2024	Parallel Advisors, LLC	added	119	2,681	6,316	-%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-142,448	-	-%
May 03, 2024	VICTORY CAPITAL MANAGEMENT INC	added	13.18	-42,811	366,943	-%
May 03, 2024	FNY Investment Advisers, LLC	new	-	97,000	97,000	0.06%
May 03, 2024	HUNTINGTON NATIONAL BANK	added	20,200	2,470	2,485	-%
May 03, 2024	Larson Financial Group LLC	new	-	2,448	2,448	-%
May 03, 2024	SIGNATUREFD, LLC	reduced	-80.37	-32,355	5,949	-%

Are Funds Buying or Selling RIOT?

Are funds buying RIOT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RIOT

No. of Funds

RIOT Alerts

Big jump in Earnings (Y/Y)

Unveiling Riot Blockchain Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.44%	21,554,098	SC 13G/A
Jan 26, 2024	blackrock inc.	7.5%	15,485,510	SC 13G/A
Jul 10, 2023	vanguard group inc	10.24%	17,932,297	SC 13G/A
Feb 09, 2023	vanguard group inc	9.09%	15,215,499	SC 13G/A
Feb 03, 2023	blackrock inc.	6.8%	11,407,415	SC 13G
Feb 14, 2022	susquehanna securities, llc	4.0%	4,763,591	SC 13G/A
Sep 22, 2021	northern data ag	2.1%	2,025,000	SC 13G/A
Sep 07, 2021	northern data ag	7.2%	6,949,992	SC 13G/A
May 27, 2021	northern data ag	12.3%	11,800,000	SC 13G
Feb 16, 2021	susquehanna securities, llc	5.4%	3,636,735	SC 13G

Recent SEC filings of Riot Blockchain Inc

View All Filings

Date Filed	Form Type	Document
May 01, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
Apr 29, 2024	ARS	ARS
Apr 29, 2024	DEF 14A	DEF 14A
Apr 29, 2024	DEFA14A	DEFA14A
Apr 18, 2024	8-K	Current Report
Apr 16, 2024	PRE 14A	PRE 14A
Mar 19, 2024	4	Insider Trading
Mar 01, 2024	4	Insider Trading
Feb 28, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Riot Blockchain Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GS	143.1B	67.8B	8.75%	35.92%	15.2	2.11	66.36%	-10.82%
ICE	76.7B	9.7B	-2.99%	24.74%	30.93	7.89	0.75%	71.75%
CME	74.8B	5.7B	-1.35%	12.14%	23.19	13.2	-1.46%	19.89%
COIN	52.0B	4.0B	-11.04%	268.86%	38.54	13.1	41.89%	159.36%
FDS	16.6B	2.2B	0.54%	8.15%	33.93	7.71	7.26%	9.28%
IBKR	12.9B	6.1B	7.06%	54.42%	4.44	2.12	64.44%	33.59%
MID-CAP
JEF	9.7B	8.2B	4.15%	50.98%	33.44	1.18	17.04%	-68.59%
HLI	8.6B	1.8B	2.92%	55.51%	33.32	4.69	0.16%	-0.33%
EVR	7.4B	2.4B	-0.13%	79.36%	28.8	3.01	-12.10%	-46.39%
FRHC	4.2B	1.4B	1.89%	-10.83%	12.6	3.02	96.15%	398.80%
CLSK	3.3B	214.4M	5.96%	289.86%	-40.12	15.28	75.40%	19.03%
SMALL-CAP
DFIN	1.8B	802.0M	3.31%	48.27%	18.49	2.3	-2.34%	8.49%
AMRK	922.0M	10.0B	23.37%	10.15%	8.35	0.09	24.24%	-27.96%
COHN	16.1M	92.7M	14.99%	37.47%	2.58	0.17	72.05%	185.64%
AAMC	7.9M	3.2M	-18.39%	-96.27%	-0.24	2.5	-44.67%	-104.26%

Riot Blockchain Inc News

Latest updates

Riot Blockchain Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.6%	79,296	78,812	51,891	76,739	73,236	60,147	46,290	72,947	79,787	90,890	64,808	34,348	23,197	5,291	2,462	1,942	2,386	1,200	1,740	2,467	1,430
Cost Of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	7,534	2,103	1,302	1,439	1,407	1,562	1,476	1,588	1,471
Costs and Expenses	-2741.9%	-124,646	4,718	99,722	109,222	130,063	222,591	82,167	426,185	40,929	109,452	75,647	39,798	18,216	2,350	4,569	13,912	6,794	4,136	3,634	3,837	4,647
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,634	3,837	4,647
S&GA Expenses	48.7%	57,652	38,768	29,067	19,836	12,675	29,864	16,004	10,713	10,910	38,803	40,307	3,512	5,462	79,465	2,000	2,229	3,735	2,019	1,762	2,226	3,152
EBITDA Margin	-13.5%	0.71*	0.83*	0.83*	0.70*	0.53*	0.34*	0.16*	0.11*	0.07*	0.03*	0.19*	0.20*	-	-	-	-	-	-	-	-	-
Interest Expenses	-73.5%	13.00	49.00	18.00	-	-	-	-	-	-	-	-	-	-	-	-	-	2.00	2.00	4.00	49.00	68.00
Income Taxes	72.2%	-22.00	-79.00	-157	112	-4,969	-2,910	-2,952	-6,199	312	-3,476	-	3,730	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,583	-1,834	-1,278	-13,750
EBT Margin	2.1%	-0.07*	-0.07*	-0.08*	-0.08*	-0.08*	-0.08*	-0.07*	-0.07*	-0.08*	-0.10*	-0.16*	-0.31*	-	-	-	-	-	-	-	-	-
Net Income	167.3%	211,777	79,228	-45,325	-27,687	-55,688	-160,137	-32,435	-353,559	36,578	-17,567	-22,035	19,009	5,156	2,470	-1,717	-10,590	-4,277	-3,397	-1,834	-1,279	-13,529
Net Income Margin	531.3%	0.76*	-0.18*	-1.10*	-1.08*	-2.38*	-1.97*	-1.27*	-1.16*	0.06*	-0.07*	0.04*	0.38*	-	-	-	-	-	-	-	-	-
Free Cashflow	-24935.2%	-115,162	-460	-46,951	-94,616	-18,592	-17,246	-38,840	-9,399	-82,397	-93,466	-105,446	-26,027	-	-	-	-	-	-	-	-	-

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	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	27.3%	2,611	2,051	1,455	1,359	1,250	1,320	1,449	1,441	1,542	1,522	944	902	372	280	63.00	30.00	37.00	30.00	33.00	31.00	15.00
Current Assets	-22.2%	785	1,009	513	483	366	443	472	488	432	565	168	217	272	236	41.00	17.00	20.00	13.00	20.00	18.00	0.00
Cash Equivalents	15.3%	688	597	290	289	158	230	255	270	114	312	58.00	147	241	223	30.00	9.00	14.00	7.00	15.00	16.00	1.00
Net PPE	16.7%	822	704	668	700	717	693	650	425	339	276	214	142	28.00	10.00	9.00	5.00	6.00	5.00	0.00	0.00	0.00
Goodwill	-	-	-	-	-	-	-	-	-	336	336	254	254	-	-	-	-	-	-	-	-	-
Liabilities	-16.7%	136	163	115	118	158	169	154	148	162	174	184	192	8.00	5.00	2.00	2.00	4.00	4.00	5.00	5.00	3.00
Current Liabilities	-23.4%	93.00	121	71.00	74.00	112	122	107	101	116	110	26.00	37.00	7.00	2.00	1.00	1.00	3.00	3.00	4.00	4.00	21.00
Shareholder's Equity	31.1%	2,475	1,888	1,341	1,241	1,092	1,151	1,295	1,293	1,380	1,348	759	710	364	276	61.00	28.00	33.00	26.00	28.00	26.00	-
Retained Earnings	26.5%	-588	-799	-885	-839	-812	-756	-596	-563	-210	-246	-229	-207	-226	-229	-233	-232	-221	-217	-213	-212	-210
Shares Outstanding	16.1%	268	231	196	182	167	168	134	130	117	93.00	96.00	89.00	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-0.01	-0.01	-0.01	0.00	0.00	-1.52
Float	-	-	-	-	1,700	-	-	-	600	-	-	-	3,100	-	-	-	78.00	-	-	-	71.00	-

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	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-228.5%	-57,853	45,035	-6,166	-38,147	32,363	1,494	13,429	30,925	-45,318	-25,208	-33,714	-21,171	-5,989	5,973	-3,536	-2,627	-2,659	-2,483	-4,750	-4,998	-3,184
Share Based Compensation	82.7%	32,000	17,518	13,519	3,429	-2,296	17,251	3,561	701	3,042	30,563	36,023	969	936	559	467	467	1,914	314	81.00	115	235
Cashflow From Investing	-6.6%	-194,493	-182,380	-124,928	-33,470	-73,988	-25,466	-59,476	-129,655	-140,266	-269,514	-89,904	-72,546	-58,661	-24,605	-9,626	-6,890	-9.00	-6,410	-4.00	2,190	975
Cashflow From Financing	-22.7%	343,674	444,407	132,025	173,023	-933	-450	30,314	255,632	-13,150	549,157	34,315	-112	82,280	211,928	34,108	4,701	9,184	1,170	3,806	17,903	3,000
Buy Backs	1716.4%	1,998	110	974	11,638	1,313	265	1,058	508	8,307	3,288	476	112	1,206	94.00	131	-	-	-	-	-	-

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RIOT Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Total revenue	$ 79,296	$ 73,236
Costs and expenses:
Selling, general, and administrative	57,652	12,675
Depreciation and amortization	32,343	59,340
Change in fair value of Bitcoin	(234,080)	(83,504)
Change in fair value of derivative asset	(20,232)	5,778
Power curtailment credits	(5,131)	(3,075)
Casualty-related charges (recoveries), net	(2,300)	1,526
Total costs and expenses	(124,646)	55,862
Operating income (loss)	203,942	17,374
Other income (expense):
Interest income (expense)	7,805	(3,830)
Other income (expense)	8
Total other income (expense)	7,813	(3,830)
Net income (loss) before taxes	211,755	13,544
Current income tax benefit (expense)	22	(76)
Deferred income tax benefit (expense)		5,045
Total income tax benefit (expense)	22	4,969
Net income (loss)	$ 211,777	$ 18,513
Basic net income (loss) per share (in Dollars per share)	$ 0.82	$ 0.11
Diluted net income (loss) per share (in Dollars per share)	$ 0.81	$ 0.11
Basic weighted average number of shares outstanding (in Shares)	259,506,242	167,342,500
Diluted weighted average number of shares outstanding (in Shares)	262,358,332	172,114,333
Bitcoin Mining
Revenue:
Total revenue	$ 74,597	$ 48,023
Costs and expenses:
Cost of revenues	41,084	21,899
Data Center Hosting
Revenue:
Total revenue		9,042
Costs and expenses:
Cost of revenues		25,660
Engineering
Revenue:
Total revenue	4,675	16,147
Costs and expenses:
Cost of revenues	6,018	15,563
Other revenue
Revenue:
Total revenue	$ 24	$ 24

RIOT Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 688,497	$ 597,169
Accounts receivable, net	14,185	24,706
Contract assets, including retainage of $2,517 and $3,166, respectively	13,217	15,359
Prepaid expenses and other current assets	33,589	29,107
Bitcoin		311,178
Derivative asset, current portion	35,609	30,781
Future power credits, current portion		271
Total current assets	785,097	1,008,571
Property and equipment, net	821,685	704,194
Bitcoin	605,595
Deposits	261,519	215,009
Finite-lived intangible assets, net	14,214	15,697
Derivative asset, less current portion	88,841	73,437
Operating lease right-of-use assets	21,723	20,413
Future power credits, less current portion	589	638
Other long-term assets	11,980	13,121
Total assets	2,611,243	2,051,080
Current liabilities
Accounts payable	13,504	23,157
Contract liabilities	3,732	4,073
Accrued expenses	44,067	62,628
Deferred gain on acquisition post-close dispute settlement	26,007	26,007
Deferred revenue, current portion	2,458	2,458
Contingent consideration liability - future power credits, current portion		271
Operating lease liability, current portion	2,879	2,421
Total current liabilities	92,647	121,015
Deferred revenue, less current portion	15,262	15,801
Operating lease liability, less current portion	20,767	18,924
Contingent consideration liability - future power credits, less current portion	589	638
Other long-term liabilities	6,574	6,680
Total liabilities	135,839	163,058
Commitments and contingencies - Note 16
Stockholders' equity
Preferred stock, no par value, 15,000,000 shares authorized:
2% Series A Convertible Preferred stock, 2,000,000 shares authorized; no shares issued and outstanding as of March 31, 2024 and December 31, 2023
0% Series B Convertible Preferred stock, 1,750,001 shares authorized; no shares issued and outstanding as of March 31, 2024 and December 31, 2023
Common stock, no par value; 340,000,000 shares authorized; 267,991,956 and 230,836,624 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	3,063,438	2,687,692
Accumulated deficit	(588,043)	(799,820)
Accumulated other comprehensive income (loss), net	9	150
Total stockholders' equity	2,475,404	1,888,022
Total liabilities and stockholders' equity	$ 2,611,243	$ 2,051,080

About Riot Blockchain Inc

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It operates through Bitcoin Mining, Data Center Hosting, and Engineering segments. The company also provides co-location services for institutional-scale bitcoin mining companies; and critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners. In addition, it engages in the design and manufacturing of power distribution equipment and custom engineered electrical products; electricity distribution product design, manufacture, and installation services primarily focused on large-scale commercial and governmental customers, as well as a range of markets, including data center, power generation, utility, water, industrial, and alternative energy; operation of data centers; and maintenance/management of computing capacity. The company was formerly known as Riot Blockchain, Inc. Riot Platforms, Inc. was incorporated in 1998 and is based in Castle Rock, Colorado.

CEO	Mr. Jason Les
WEBSITE	riotplatforms.com
INDUSTRY	Mortgage Finance
EMPLOYEES	489

Riot Blockchain Inc Frequently Asked Questions

What is the ticker symbol for Riot Blockchain Inc? What does RIOT stand for in stocks?

RIOT is the stock ticker symbol of Riot Blockchain Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Riot Blockchain Inc (RIOT)?

As of Tue May 07 2024, market cap of Riot Blockchain Inc is 2.94 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RIOT stock?

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

What is the fair value of RIOT stock?

You can check RIOT's fair value in chart for subscribers. The fair value of Riot Blockchain 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 Riot Blockchain 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 RIOT 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 Riot Blockchain Inc a good stock to buy?

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

What is Riot Blockchain Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, RIOT's PE ratio (Price to Earnings) is 13.47 and Price to Sales (PS) ratio is 10.24. 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. RIOT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Riot Blockchain Inc's stock?

In the past 10 years, Riot Blockchain Inc has provided -0.029 (multiply by 100 for percentage) rate of return.