HIVE Achieves Record Annual Revenue Ended March 31, 2022 of $211 Million and Earnings of $79 Million with a 545% Growth in BTC Mining Hashrate
Retrieved on:
Wednesday, July 20, 2022
Ethereum, Bitcoin, Sale, ETH, IAS, Black–Scholes model, IAS 2, Industry, Legislation, Twitter, HIVE, Phrase, Income, Risk, IAS 38, Webcast, News, Adoption, IFRS, Mining, Mission statement, COO, Company, MD, BTC, Efficiency, Follow, Intangible asset, Analysis, Inventory, ESG, Growth, Audit, Cryptocurrency
A reconciliation to its nearest IFRS measures is provided under "Reconciliations of Non-IFRS Financial Performance Measures" in the Companys MD&A.
Key Points:
- A reconciliation to its nearest IFRS measures is provided under "Reconciliations of Non-IFRS Financial Performance Measures" in the Companys MD&A.
- There was no significant impact to the consolidated financial statements as a result of this change for the year ended March 31, 2021.
- Management will host a webcast on Wednesday, July 20, 2022 at 4:00 pm Eastern Time to discuss the Companys financial results.
- Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards.