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CleanSpark , Inc. Reports Financial Results for its Third Quarter Ended June 30 , 2021 Three - month revenue increased 250 % to $ 11.9 million from one year ago quarter Nine - month revenue increased 176 % to $ 22.3 million from one year ago period - SALT LAKE CITY , UT , August 17 , 2021 – CleanSpark , Inc. ( Nasdaq : CLSK ) ( the “ Company ” ) , a clean Bitcoin mining and diversified software and services company , yesterday reported results after the close of the US markets for the three and nine months ended June 30 , 2021 . The Company's Quarterly Report on Form 10 - Q and accompanying unaudited interim financial statements are available at www.sec.gov and the Company website at https://ir.cleanspark.com/sec-filings/ . As previously announced , the Company held its third quarter 2021 live virtual earnings presentation and business update for investors and analysts on August 16 , 2021 , at 1 p.m. PST / 4 p.m. EST . A recording of the call is available for replay at : https://globalmeet.webcasts.com/viewer/event.jsp?ei=1486534&tp_key=e7f1f1 fabl A transcript of the event is available on the Company's website . Financial Highlights Nine months ended June 30 , 2021 • • • Revenues for the nine months ended June 30 , 2021 , were $ 22.3 million , an increase of $ 14.2 million , or 176 % , from $ 8.1 million for the same prior year period . Net loss for the nine months ended June 30 , 2021 , was ( $ 16.4 ) million , or ( $ 0.60 ) loss per share , compared to a loss of ( $ 16.3 ) million , or ( $ 2.32 ) loss per share , for the same prior year period , an improvement of $ 1.72 per share . Adjusted EBITDA , a non - GAAP term , resulted in a non - GAAP net loss for the nine months ended June 30 , 2021 , of ( $ 2.7 ) million , or ( $ 0.10 ) loss per share , compared to a loss of ( $ 4.1 ) million , or ( $ 0.58 ) loss per share , for the same prior year period . Adjusted EBITDA after incorporation of non - recurring costs , a non - GAAP term , resulted in a non - GAAP net income for the nine months ended June 30 , 2021 , of $ 6.2 million , or $ 0.23 earnings per share , compared to a net loss of ( $ 3.9 ) million , or ( $ 0.56 ) loss per share , for the same prior year period — an improvement of $ 0.79 per share . Three months ended June 30 , 2021 Revenues for the three months ended June 30 , 2021 , were $ 11.9 million , an increase of $ 8.5 million , or 250 % , from $ 3.4 million for the same prior year period .