Sentinum, Ault Alliance Subsidiary, Mines 133 Bitcoin in November
December 7, 2023
🌥️Trending News
November was a great month for Sentinum, a subsidiary of the Ault Alliance ($NYSEAM:AULT). The company announced that it had successfully mined 133 bitcoins. This marks a major milestone for Ault Alliance, a technology-oriented holding company. The Ault Alliance is focused on developing and investing in disruptive technologies such as blockchain, AI, and big data.
This latest mining success is just another example of the success the Ault Alliance is having in its mission to drive innovation and empower the world. With its cutting-edge technology and global reach, Ault Alliance is sure to continue to make waves in the industry.
Share Price
The subsidiary of AULT ALLIANCE, Sentinum, achieved a major milestone on Wednesday when it announced that it had mined 133 Bitcoin in November. This news was greeted with enthusiasm by investors, as the AULT ALLIANCE stock opened at $0.1 and closed at the same price, up 1.0% from its prior closing price. The success of Sentinum is indicative of the progress that AULT ALLIANCE has made in offering innovative and advanced mining solutions for its customers. With this news, AULT ALLIANCE is sure to continue pushing the boundaries of the crypto mining industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ault Alliance. More…
| Total Revenues | Net Income | Net Margin |
| 167.1 | -252.23 | -59.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ault Alliance. More…
| Operations | Investing | Financing |
| 2.44 | -66.15 | 61.82 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ault Alliance. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 378.46 | 257.22 | 8.46 |
Key Ratios Snapshot
Some of the financial key ratios for Ault Alliance are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 83.4% | – | -137.4% |
| FCF Margin | ROE | ROA |
| -20.7% | -153.3% | -37.9% |
Analysis
GoodWhale has conducted an analysis of AULT ALLIANCE and our Star Chart has classified it as a ‘cheetah’, indicating that it achieved high revenue or earnings growth but is considered less stable due to lower profitability. This company is likely to be of interest to investors looking for a high-growth opportunity, although they should also take into account the low health score of 1/10. Given AULT ALLIANCE’s cashflows and debt, it is unlikely to sustain future operations in times of crisis. Further, the company is strong in growth, medium in asset, profitability and weak in dividend. Therefore, investors looking to invest in AULT ALLIANCE should weigh the risks and rewards carefully before making the decision. More…
Peers
The competition between Ault Alliance Inc and its competitors, Data Patterns (India) Ltd, Kaman Corp, and Bharat Electronics Ltd, is fierce. All four companies are striving to be the top player in the market, pushing each other to innovate and create better and more cost-effective products. With a wide range of products and services available, the competition is sure to heat up as each company seeks to outdo the others in quality and customer satisfaction.
– Data Patterns (India) Ltd ($BSE:543428)
Data Patterns (India) Ltd is an Indian engineering services firm that provides product design and development, prototyping, and testing services. The company has a market capitalization of 75.48 billion as of 2023, making it one of the most valuable companies in India. In addition, the company has a strong Return on Equity of 19.64%, which showcases the high return on investment that the company generates for its shareholders. Data Patterns also offers enterprise software solutions, embedded system solutions, and advanced engineering services to its clients.
– Kaman Corp ($NYSE:KAMN)
Kaman Corp is a diversified industrial company that operates in aerospace, distribution, and industrial markets. As of 2023, Kaman Corp has a market capitalization of 676.66M. This reflects the value of the company’s stock, which is based on the company’s performance. In addition, Kaman Corp has a Return on Equity of 3.13%, indicating that the company is generating profits relative to the amount of shareholders’ equity. This makes Kaman Corp an attractive investment option for investors seeking growth potential.
– Bharat Electronics Ltd ($BSE:500049)
Bharat Electronics Ltd is an Indian state-owned aerospace and defence company headquartered in Bengaluru, India. The company specializes in the design and manufacture of advanced electronic products for the Indian Armed Forces. As of 2023, the company has a market capitalization of 700.28 billion and a return on equity of 17.83%. This indicates that the company has sustained strong performance over time, as reflected by its relatively high market cap and good returns on equity. The company’s long history of providing quality products to the Indian Armed Forces has also contributed to its success.
Summary
Ault Alliance is a leading investment company in the cryptocurrency industry, with their subsidiary Sentinum announcing that they have mined 133 Bitcoin in November. With this significant mining activity, Ault Alliance has demonstrated that they have the ability to generate a sizable return on their investments and have the expertise to accurately evaluate and invest in projects in the cryptocurrency ecosystem. As a result, investors can look to Ault Alliance as a viable choice for their investments in digital currencies.
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