Hyperscale Data, Inc. Q2 FY2021 Earnings Call

· Earnings call transcript and AI-powered summary

Key Financial Highlights
  • Revenue: $62 million for Q2 2021, up significantly from $5.4 million in Q2 2020.
  • Primary Revenue Contributors:
    • $53 million from Digital Power Lending.
    • $40.3 million realized gain on Alzamend Neuro IPO investment.
    • Modest revenue from crypto mining.
    • Gresham Worldwide revenue of $6.5 million; Coolisys revenue of $1.8 million.
  • Net Income Before Taxes: $44.6 million.
  • Excluding Alzamend Gains: Still profitable with $4.3 million in income, up from $1.9 million in Q1 2021.
  • Balance Sheet Strength:
    • $128 million in working capital.
    • Total assets topped $250 million.
    • $105 million in cash and $30 million in marketable securities.
Operational and Strategic Updates
  • Gresham Worldwide showed synergies and backlog execution across defense subsidiaries.
  • Coolisys/TurnOnGreen seeing growth in EV segment despite chip shortages.
  • Ault Alliance operating minor crypto mining and expanding their Michigan-based 617,000 sq. ft. data center, of which 30,000 sq. ft. is currently in use.
  • MTIX subsidiary progressing—limiting comments due to pending S-1 filing.

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Ken Cragun: Okay, everyone, thank you for joining. This presentation contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to statements about Ault Global Holdings, Inc, sometimes referred to as AGH. Expectations regarding the market demands future financial performance, the implementation of strategic plans and future growth. These statements are made based upon current expectations that are subject to known and unknown risks and uncertainties. AGH does not undertake to update forward-looking statements in this presentation to reflect actual results, changes in assumptions or changes and other factors affecting such forward looking information, assumptions and other information that could cause results to differ from those set forth in the forward looking information can be found in the presentation, and in the AGHs filings with the Securities and Exchange Commission, including its most recent periodic reports, including the risk factors listed in form 10-K. You can also identify things on our website and the Security and Exchange Commission [email protected]. I'll turn it back over to you now, Todd. Todd Ault: Thank you, and obviously this is a second quarter conference call for the period ending June 30th. I would say probably the most exciting time in the Company's history, as we have -- in my opinion sort of turned the cycle of converting to a holding company from an operating business

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