SOLUNA HOLDINGS(SLNHP) - 2024 Q4 - Annual Report

Financial Performance - Revenue for the last quarter reached $150 million, a 15% increase compared to the previous quarter, driven by higher Bitcoin prices and increased mining efficiency [30]. - Future guidance estimates an annual revenue growth rate of 25% over the next three years, supported by market expansion and technological advancements [30]. Operational Efficiency - The company reported a significant increase in computational power, achieving a hashrate of 5 Exahash per second (EH/s), representing a 25% increase year-over-year [19]. - The Power Usage Effectiveness (PUE) ratio improved to 1.1, indicating a 10% increase in energy efficiency compared to the previous year [28]. - The Bitcoin mining operation's profitability improved by 30% due to reduced energy costs and optimized mining strategies [15]. Growth and Expansion - The company plans to expand its data center capacity by 30% over the next year, which is expected to enhance operational efficiency and support future growth [35]. - The company anticipates a 20% growth in hosted customer contracts, reflecting increased demand for data center colocation services [17]. - New product offerings in AI and high-performance computing are projected to contribute an additional$ 20 million in revenue by the end of the fiscal year [12]. - The company is exploring strategic acquisitions to enhance its capabilities in generative AI, which could potentially add $50 million in revenue over the next two years [20]. Additional Revenue Streams - The company is actively engaging in grid demand response services, which are expected to generate an additional$ 5 million in revenue annually [22].