HIVE Blockchain Technologies Ltd (HIVE) Financials

Aerohive Networks Inc (HIVE) is a technology company specializing in wireless networking solutions. The company's financials reflect its strong performance in the industry. In terms of its income statement, Aerohive Networks Inc reported steady growth in revenue over the past few years. In the latest fiscal year, the company generated a total revenue of $153 million, showcasing its robust business operations and customer demand for its products and services. Furthermore, Aerohive Networks Inc achieved a gross profit of $95 million, indicating its ability to efficiently manage costs and generate high-margin sales.

Moving on to profitability measures, Aerohive Networks Inc reported positive net income from stockholders. This is a testament to the company's ability to generate profits for its shareholders. Additionally, Aerohive Networks Inc reported a healthy EBITDA of $8 million, indicating strong operational performance and profitability. The company's EBIT was also positive, reflecting its ability to generate earnings before interest and taxes.

Analyzing Aerohive Networks Inc's balance sheet, it is evident that the company has a strong financial position. The company reported a stockholders equity of $73 million, which indicates a strong capital base and ownership of assets. Furthermore, Aerohive Networks Inc's total assets amounted to $234 million, showcasing its significant asset base and ability to leverage resources for growth.

In terms of liquidity, Aerohive Networks Inc had $25 million in cash equivalents. This indicates the company's ability to meet short-term obligations and its financial stability. Additionally, the company reported a net debt of $12 million, highlighting its conservative financial management and low reliance on debt financing.

Lastly, examining Aerohive Networks Inc's cash flow, the company demonstrated positive operating cash flow, indicating its ability to generate cash from its core business activities. The company also reported positive investing cash flow, which indicates its investments in growth opportunities and capital expenditures. Finally, Aerohive Networks Inc reported positive financing cash flow, showcasing its ability to raise capital through financing activities.

In conclusion, Aerohive Networks Inc's financials reflect a strong and financially stable company. The company has shown consistent revenue growth, profit generation, and strong financial position with a healthy balance sheet. Additionally, Aerohive Networks Inc has maintained positive cash flow and liquidity, demonstrating its ability to meet short-term obligations and invest in future growth.