CleanSpark, Inc. (NASDAQ:CLSK) Q4 2023 Earnings Conference Call November 30, 2023 4:30 PM ET

Company Participants

Isaac Holyoak - Chief Communications Officer

Zach Bradford - Chief Executive Officer

Gary Vecchiarelli - Chief Financial Officer

Conference Call Participants

Michael Colonnese - H.C. Wainwright

Joshua Siegler - Cantor Fitzgerald

Gregory Lewis - BTIG

Brian Dobson - Chardan Capital Markets

Operator

Good afternoon. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome everyone to CleanSpark's Fiscal Full Year 2023 Financial Results Conference Call. [Operator Instructions]

And at this time, I would like to turn the floor over to Isaac Holyoak, Chief Communications Officer. You may begin.

Isaac Holyoak

Thank you, Krista, and thank you for joining us today for our Fiscal Full Year Financial Results Call, covering the period October 1, 2022, through September 30, 2023. Our press release was issued about 30 minutes ago and is available on our website at www.cleanspark.com. So we expect to file our Form 10-K tomorrow.

Today's call is also being webcast, and a replay and transcript will be available on our website. I'm here with Zach Bradford, our Chief Executive Officer; and Gary Vecchiarelli, our Chief Financial Officer.

Keep in mind that some of the statements we make today are forward-looking and based on our best view of the world and our businesses, as we see them today. The statement and information provided remains subject to the risk factors disclosed in our most recently filed Annual Report. We will also discuss certain non-GAAP financial measures, concerning our performance during today's call. You can find the reconciliation of non-GAAP financial measures in our press release, which is available on our website. And with that, it is my pleasure to turn the call over to Zach.

Zach Bradford

Thank you, Isaac. It's a pleasure to be here with you all today. This past fiscal year has been one of substantial growth and success for CleanSpark. We've not only met but exceeded many of our strategic aims, and I'm proud to share these accomplishments with you.

It was a record-breaking year for us financially and operationally. We posted revenue of over $168 million, a 28% increase over the last fiscal year. We expect to continue to follow this trajectory, and we are optimistic about revenue growth next year, even as we prepare for the halving. For example, during the last month, we posted our first single day revenue of almost $1 million.