See more : AHASOLAR TECHNOLOGIES LIMITED (AHASOLAR.BO) Income Statement Analysis – Financial Results
Complete financial analysis of Argo Blockchain plc (ARBK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Argo Blockchain plc, a leading company in the Financial – Capital Markets industry within the Financial Services sector.
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Argo Blockchain plc (ARBK)
Industry: Financial - Capital Markets
Sector: Financial Services
Website: https://www.argoblockchain.com
About Argo Blockchain plc
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is headquartered in London, the United Kingdom.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 72.96M | 47.36M | 100.15M | 25.84M | 11.30M | 764.56K |
| Cost of Revenue | 68.11M | 81.82M | 27.75M | 20.49M | 7.29M | 828.84K |
| Gross Profit | 4.85M | -34.46M | 72.40M | 5.34M | 4.01M | -64.27K |
| Gross Profit Ratio | 6.65% | -72.76% | 72.30% | 20.69% | 35.48% | -8.41% |
| Research & Development | 0.00 | 91.00K | 0.00 | 27.26K | 136.33K | 0.00 |
| General & Administrative | 6.00M | 21.56M | 6.30M | 1.55M | 2.77M | 0.00 |
| Selling & Marketing | 0.00 | 1.83M | 943.40K | 216.21K | 358.44K | 0.00 |
| SG&A | 6.00M | 23.40M | 7.24M | 1.77M | 3.13M | 2.44M |
| Other Expenses | 23.37M | 25.99M | 5.88M | 649.49K | 559.65K | -834.00K |
| Operating Expenses | 29.37M | 49.47M | 13.13M | 2.44M | 3.83M | 3.28M |
| Cost & Expenses | 97.48M | 131.29M | 40.87M | 22.94M | 11.12M | 4.10M |
| Interest Income | -42.98K | -290.45K | -329.00K | 1.89K | 7.36K | 35.96K |
| Interest Expense | 14.61M | 18.32M | 2.89M | 214.65K | 53.57K | 0.00 |
| Depreciation & Amortization | 20.47M | 23.45M | 11.51M | 6.03M | 2.22M | 487.70K |
| EBITDA | -2.64M | -147.71M | 54.12M | 7.63M | 1.39M | -3.63M |
| EBITDA Ratio | -3.62% | -95.71% | 72.29% | 41.59% | 22.78% | -373.12% |
| Operating Income | -24.52M | 65.23M | 57.79M | 2.18M | -338.48K | -3.34M |
| Operating Income Ratio | -33.61% | 137.72% | 57.71% | 8.43% | -3.00% | -436.90% |
| Total Other Income/Expenses | -19.76M | -115.65M | -4.81M | -213.96K | -530.57K | -776.89K |
| Income Before Tax | -44.28M | -194.59M | 53.00M | 1.97M | -1.14M | -4.12M |
| Income Before Tax Ratio | -60.69% | -410.85% | 52.92% | 7.61% | -10.09% | -538.52% |
| Income Tax Expense | 0.00 | -361.00K | 11.48M | 566.70K | 800.99K | 2.00 |
| Net Income | -44.28M | -194.23M | 40.94M | 1.40M | -1.94M | -4.12M |
| Net Income Ratio | -60.69% | -410.09% | 40.88% | 5.42% | -17.18% | -538.52% |
| EPS | -0.09 | -0.41 | 0.10 | 0.00 | -0.01 | -0.02 |
| EPS Diluted | -0.09 | -0.41 | 0.10 | 0.00 | -0.01 | -0.02 |
| Weighted Avg Shares Out | 503.92M | 473.93M | 397.51M | 303.44M | 293.75M | 186.02M |
| Weighted Avg Shares Out (Dil) | 503.92M | 473.93M | 415.20M | 344.64M | 293.75M | 186.02M |
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London-listed bitcoin mining company Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) mined 139 bitcoin or bitcoin equivalents in June, averaging 4.6 BTC per day. This was a decrease of 17% compared to March yields, primarily driven by an 8% sequential...
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Argo Blockchain increases revenues, mines 144 bitcoin in May
London-listed bitcoin mining company Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) mined 144 bitcoin or bitcoin equivalents in April, averaging 4.8 BTC per day. This was a decrease of 8% compared to March yields, primarily driven by an 8% sequential...
Argo Blockchain increases bitcoin mining output despite challenging conditions
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) mined 2,156 bitcoin or bitcoin equivalent (BTC) during the 2022 financial year, a 5% increase compared to 2021, per the London-listed company's Friday earnings call. Mining operations generated £47.4mln ($58.6 million) in revenue,...
Source: https://incomestatements.info
Category: Stock Reports