RE: vogogo26 Nov 2018 13:41
just checked their 3rd quarter financial results...
For the three months ending September 30, 2018, Vogogo achieved an Adjusted EBITDA of $3.2 million, resulting in an Adjusted EBITDA Margin of 39%. For the nine months ending September 30, 2018, the Company achieved an Adjusted EBITDA of $4.1 million and an Adjusted EBITDA Margin of 37%. The Company’s average cash cost per Bitcoin mined (which includes electricity cost, contractors’ fees and general facility operating costs) for the three months ending September 30, 2018 was $4,641.
The Company reported revenue of $8.2 million and a net loss of $3.4 million for the quarter ended September 30, 2018, compared to nil revenue and a loss of $0.2 million for same quarter in the prior year.