MARA Holdings Inc

MARA Holdings Inc

M44 · XETRA · Financial Services / Capital Markets

6.28EUR-0.55 (-8.00%)

Price History

Full chart

Market Stats

Previous Close6.82
Open6.56
Day Range6.05 – 6.59
52-Week Range5.74 – 20.14
Volume14.87K
Market Cap3.90B
P/E (TTM)0.00
Forward P/E39.68
EPS-8.35
Dividend Yield0.00%
Beta5.34
50-Day Avg9.79
200-Day Avg9.51

About

MARA Holdings, Inc. operates as an energy and digital infrastructure company in North America, the Middle East, Europe, and Latin America. The company leverages Bitcoin Mining and Artificial Intelligence compute to monetize excess energy and underutilized power, optimize power management across operations and support AI inference applications. The company was formerly known as Marathon Digital Holdings, Inc. and changed its name to MARA Holdings, Inc. in August 2024. MARA Holdings, Inc. was incorporated in 2010 and is based in Hallandale Beach, Florida.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Frederick G. Thiel
  • Employees266
  • Headquarters1010 South Federal Highway, Hallandale Beach, FL, United States, 33009, Germany
  • Websitehttps://www.mara.com

Leadership

  • Mr. Frederick G. ThielCEO & Executive Chairman · b. 1961
  • Mr. Salman H. KhanChief Financial Officer · b. 1979
  • Mr. Zabi NowaidGeneral Counsel & Company Secretary · b. 1982
  • Mr. James G. CrawfordChief Operating Officer · b. 1975
  • Mr. John B. EllisChief Accounting Officer · b. 1968
  • Mr. Robert SamuelsVice President of Investor Relations
  • Ms. Summer AndersonChief People Officer
  • Mr. Nir RikovitchChief Product Officer
  • Mr. Daren D. ManciniChief Commercial Officer
  • Mr. Duncan DickersonChief Growth & Strategy Officer

Financials

Income Statement

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue117.75M387.51M656.38M907.09M
Growth (%)-+229.09%+69.38%+38.20%
Cost of Revenue151.42M098.16M179.04M
Gross Profit-33.67M387.51M558.22M728.05M
Gross Margin-28.59%100.00%85.05%80.26%
Operating Expense82.87M498.08M1.03B1.55B
Operating Income-116.54M-110.57M-467.60M-822.17M
Operating Margin-98.97%-28.53%-71.24%-90.64%
EBITDA-624.56M473.49M1.06B-547.12M
EBITDA Margin-530.40%122.19%161.29%-60.32%
Net Income-694.02M261.17M541.25M-1.31B
Net Income Margin-589.39%67.40%82.46%-144.58%
R&D98.00K2.81M13.23M30.12M
R&D as % of Total Revenue0.08%0.73%2.02%3.32%
Interest Expense14.98M10.35M13.00M48.38M
Interest Expense % of Total Revenue12.72%2.67%1.98%5.33%

Balance Sheet

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Assets1.20B1.99B6.80B7.29B
Total Liabilities809.30M375.05M2.67B3.81B
Total Equity385.94M1.62B4.13B3.47B
Cash103.70M357.31M391.77M547.13M
Net Debt678.47M-2.05B3.05B

Cash Flow

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-176.48M-315.65M-677.02M-802.73M
Financing Cash Flow410.65M555.86M3.95B1.63B
Capital Expenditure41.11M27.61M253.46M407.07M
Free Cash Flow-217.59M-343.26M-930.48M-1.21B
FCF to OCF123.29%108.75%137.44%150.71%

Earnings

Report DateSep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Nov 4, 2025Feb 26, 2026May 11, 2026Aug 6, 2026Nov 4, 2026
EPS Estimate----0.35-0.02-0.50-0.43-0.10
EPS Actual-0.391.17-1.471.620.23-3.88-2.84-1.38-
Surprise-----34.89%-19298.00%-467.68%-220.44%-
Timing----After-hoursAfter-hoursAfter-hoursAfter-hoursPre-market

Key Statistics & Ratios

Market Cap3.90B
Enterprise Value6.29B
Trailing P/E0.00
Forward P/E39.68
Price / Sales4.85
Price / Book3.14
EPS-8.35
Book Value3.84
Revenue (TTM)804.22M
Gross Profit (TTM)322.67M
EBITDA-1.88B
Profit Margin0.00%
Operating Margin-265.21%
Return on Equity-105.57%
Return on Assets-26.30%
Shares Outstanding386.30M
Shares Float378.32M
Beta5.34
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%