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Ault Alliance | 8-K: Ault Alliance Reports Second Quarter 2024 Financial Results, Including Revenue of $76 Million for the Six Months Ended June 30, 2024

Ault Alliance | 8-K: Ault Alliance Reports Second Quarter 2024 Financial Results, Including Revenue of $76 Million for the Six Months Ended June 30, 2024

Ault Alliance | 8-K:Ault Alliance公布2024年第二季度财务业绩,包括截至2024年6月30日的六个月的7,600万美元收入
美股SEC公告 ·  2024/08/20 04:36

Moomoo AI 已提取核心信息

Ault Alliance reported revenue of $76.3 million for H1 2024 and total assets of $271 million as of June 30, 2024. The company announced plans to reorganize into two separate entities: Hyperscale Data focusing on AI data centers and Bitcoin operations, and Ault Capital Group (ACG) operating as a private equity firm. Stockholders will receive special dividends comprising equity ownership in ACG.Key financial highlights include a 27% increase in digital assets mining revenue to $19.9 million, 23% growth in hotel and real estate revenue to $8.1 million, and a 47% sales increase in Enertec Systems. The company achieved significant cost reductions with a $17 million decrease in G&A expenses and a 59% reduction in interest expenses during H1 2024.The company plans to rebrand as Hyperscale Data, Inc. with ticker symbol GPUS in September 2024. The reorganization aims to maximize stockholder value by allowing each entity to focus on distinct growth trajectories, with ACG managing various subsidiaries including askROI, Ault Lending, BitNile.com, and TurnOnGreen.
Ault Alliance reported revenue of $76.3 million for H1 2024 and total assets of $271 million as of June 30, 2024. The company announced plans to reorganize into two separate entities: Hyperscale Data focusing on AI data centers and Bitcoin operations, and Ault Capital Group (ACG) operating as a private equity firm. Stockholders will receive special dividends comprising equity ownership in ACG.Key financial highlights include a 27% increase in digital assets mining revenue to $19.9 million, 23% growth in hotel and real estate revenue to $8.1 million, and a 47% sales increase in Enertec Systems. The company achieved significant cost reductions with a $17 million decrease in G&A expenses and a 59% reduction in interest expenses during H1 2024.The company plans to rebrand as Hyperscale Data, Inc. with ticker symbol GPUS in September 2024. The reorganization aims to maximize stockholder value by allowing each entity to focus on distinct growth trajectories, with ACG managing various subsidiaries including askROI, Ault Lending, BitNile.com, and TurnOnGreen.
Ault Alliance公布2024年上半年营业收入为7630万美元,截至2024年6月30日总资产为27100万美元。公司宣布计划重组为两个独立实体:专注于人工智能数据中心和比特币业务的Hyperscale Data,和作为股权投资公司的Ault Capital Group (ACG)。股东将获得特别分红,包括对ACG的股权 ownership。关键财务亮点包括数字资产挖矿营业收入增长27%,达到1990万美元,酒店和房地产业营业收入增长23%,达到810万美元,Enertec Systems的销售增长47%。公司在2024年上半年实现了显著的成本削减,G&A费用减少1700万美元,利息费...展开全部
Ault Alliance公布2024年上半年营业收入为7630万美元,截至2024年6月30日总资产为27100万美元。公司宣布计划重组为两个独立实体:专注于人工智能数据中心和比特币业务的Hyperscale Data,和作为股权投资公司的Ault Capital Group (ACG)。股东将获得特别分红,包括对ACG的股权 ownership。关键财务亮点包括数字资产挖矿营业收入增长27%,达到1990万美元,酒店和房地产业营业收入增长23%,达到810万美元,Enertec Systems的销售增长47%。公司在2024年上半年实现了显著的成本削减,G&A费用减少1700万美元,利息费用减少59%。公司计划在2024年9月重新品牌为Hyperscale Data, Inc.,逐笔明细标的为GPUS。重组旨在通过允许每个实体专注于不同的增长轨迹来最大化股东价值,ACG管理多个子公司,包括askROI、Ault Lending、BitNile.com和TurnOnGreen。
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