Hyperscale Data, Inc. Announces Preliminary 2024 Results: $108.8 Million in Revenue, $150.3 Million Pro Forma with Giga-tronics

Core Viewpoint - Hyperscale Data, Inc. is transitioning to a pure-play AI data center operator by the end of 2025, driven by significant revenue contributions from its subsidiaries, particularly in high-performance computing and AI infrastructure [1][4][5] Financial Performance - Total revenue for the year ended December 31, 2024, was $108.8 million, with pro forma revenue (including Giga-tronics defense unit) at$150.4 million [6] - Revenue breakdown includes Sentinum generating $30.6 million from crypto mining and$0.9 million from real estate leases, ACG contributing $77.3 million across various sectors, and Giga-tronics defense unit (deconsolidated) at$41.6 million [6] Strategic Initiatives - Hyperscale Data is enhancing its AI Data Center, with plans to increase power capacity from approximately 30 megawatts to about 340 megawatts [3] - The company is set to divest Ault Capital Group (ACG) by December 31, 2025, focusing solely on HPC and AI data center operations [4][9] Leadership Perspective - CEO William B. Horne emphasized that the separation from ACG is a pivotal moment for the company, aiming to unlock value by concentrating on AI-driven infrastructure [5]