Vulcan Infrastructure & Power Inc.VIP

NasdaqFinanceFinance Services
Price (close)
$1.73
Market cap
$31.2M
P/E
64.0x
Revenue (TTM)
$50.9M
Net income
$487,000
Dividend yield
—
1-year total return
1.2%
Net margin
1.0%
Revenue growth
-14.1%
Debt / equity
—

What Vulcan Infrastructure & Power Inc. does.

We are a developer and operator of datacenters and powered assets designed to support energy-intensive computing workloads. We currently build, maintain and operate datacenters focused on bitcoin mining, along with related power and electric infrastructure. We generate revenue from (1) datacenter hosting, (2) cryptocurrency self-mining, and (3) power and capacity sales. We are increasingly focused on leveraging our power generation assets, grid interconnection rights and datacenter development expertise to support artificial intelligence (“AI ” ) and high-performance computing (“HPC ” ) workloads, which we believe represent a significant long-term growth opportunity.

We own and operate a vertically integrated cryptocurrency datacenter and power generation facility in Torrey, New York (the “New York Facility”), which includes a natural gas power generation plant with approximately 106 megawatt (“MW”) of nameplate capacity. We also own a 34-acre greenfield site in Columbus, Mississippi, which we expect will provide access to 40 MW of datacenter capacity by the first quarter of 2027. Additionally, we have 7.5 MW of datacenter capacity in North Dakota (the “North Dakota Facility ” ) through a five-year lease, which provides us with energy access to support our cryptocurrency mining operations.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$20.1M$97.3M$90.0M$70.4M$59.5M$58.8M
Net income-$3.3M-$44.5M-$271.1M-$29.5M-$19.8M$5.3M

More on VIP.

Figures from Vulcan Infrastructure & Power Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.