Prairie Operating Co (PROP) FinancialsPROPPrairie Operating Co

Prairie Operating Co (PROP) generates its revenue primarily from Cryptocurrency Mining, which accounts for 100.0% of total sales, equivalent to $908.52K. Understanding this concentration is critical for investors evaluating how PROP navigates market cycles within the Oil & Gas Exploration and Production industry.

Evaluating the bottom line, Prairie Operating Co maintains a gross margin of 60.87%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 46.08%, while the net margin is 110.28%. These profitability ratios, combined with a Return on Equity (ROE) of 1.47%, provide a clear picture of how effectively PROP converts its operational activities into shareholder value.

In the context of the broader market, PROP competes directly with industry leaders such as INDO and SKYQ. With a market capitalization of $43.92M, it holds a leading position in the sector. When comparing efficiency, PROP's gross margin of 60.87% stands against INDO's 100.00% and SKYQ's -281639.16%. Such benchmarking helps identify whether Prairie Operating Co is trading at a premium or discount relative to its financial performance.

The company reported a 45.2% year-over-year revenue growth in Q2, reaching $98.85 million, alongside a gross margin of 60.87%.