Is there something I am missing in the financials?
Thanks
DGHI has displayed declining revenues in the last-twelve-months, down -35% to $19.4M along with a net loss at ($18.3M). DGHI faces negative balances in both ROE and EBITDA margin at -60.5% and -28.6% respectively. DGHI does not have much debt at $2.4M with a debt-to-equity ratio of 6.4%. DGHI has seen some volatility year-to-date but is still up nearly 3x. The struggle to keep pace can partially be explained by downward pressures facing small cap indices. Additionally, the stock is behaving similarly to other crypto miners due to the growing market sentiment surrounding the potential launch of a BTC ETF. DGHI mined 95 Bitcoin in October representing a +36% year-over-year increase, so the launch of a BTC ETF could likely have a negative impact on DGHI (if investors choose BTC exposure through the ETF vs mining companies).