Argo Blockchain plc (ARBK)

Argo Blockchain Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Revenue	47.02	50.56	58.58	98.75	25.88
Revenue Growth (YoY)	-7.00%	-13.70%	-40.67%	281.53%	126.79%
Cost of Revenue	31.39	29.26	27.83	16.11	15.41
Gross Profit	15.63	21.3	30.76	82.64	10.47
Selling, General & Admin	12.54	17.5	28.78	10.58	2.86
Other Operating Expenses	-	0.99	2.11	-	-2.83
Operating Expenses	30.47	41.04	57.46	27.5	7.92
Operating Income	-14.84	-19.74	-26.7	55.15	2.55
Interest Expense	-6.81	-11.56	-22.66	-2.94	-0.21
Earnings From Equity Investments	-	-0.72	-6.03	-1.59	-
Currency Exchange Gain (Loss)	-	-	-	-	-0.37
Other Non Operating Income (Expenses)	0.22	-0.74	-1.57	-	-
EBT Excluding Unusual Items	-21.43	-32.75	-56.96	50.62	1.97
Gain (Loss) on Sale of Investments	-0.84	-2.2	-0.41	-0.84	-
Gain (Loss) on Sale of Assets	-0.53	1.17	-132.48	0.54	-
Asset Writedown	-31.97	-0.86	-55.84	-0.71	-
Other Unusual Items	-	-	4.99	0.78	-
Pretax Income	-54.76	-34.64	-240.69	50.39	1.97
Income Tax Expense	0.34	-	-11.73	11.32	-
Net Income	-55.1	-34.64	-228.96	39.07	1.97
Net Income to Common	-55.1	-34.64	-228.96	39.07	1.97
Net Income Growth	-	-	-	1884.70%	-
Shares Outstanding (Basic)	612	504	474	398	303
Shares Outstanding (Diluted)	612	504	474	398	345
Shares Change (YoY)	21.50%	6.33%	19.22%	15.34%	17.32%
EPS (Basic)	-0.09	-0.07	-0.48	0.10	0.01
EPS (Diluted)	-0.09	-0.07	-0.48	0.10	0.01
EPS Growth	-	-	-	1699.96%	-
Free Cash Flow	-45.8	-49.07	-209.28	-225.2	0.97
Free Cash Flow Per Share	-0.07	-0.10	-0.44	-0.57	0.00
Gross Margin	33.24%	42.13%	52.50%	83.69%	40.47%
Operating Margin	-31.56%	-39.04%	-45.58%	55.84%	9.86%
Profit Margin	-117.20%	-68.51%	-390.83%	39.57%	7.61%
Free Cash Flow Margin	-97.41%	-97.05%	-357.24%	-228.05%	3.76%
EBITDA	0.07	0.28	2.04	70.46	10.63
EBITDA Margin	0.15%	0.55%	3.47%	71.36%	41.06%
D&A For EBITDA	14.91	20.02	28.74	15.32	8.07
EBIT	-14.84	-19.74	-26.7	55.15	2.55
EBIT Margin	-31.56%	-39.04%	-45.58%	55.84%	9.86%
Effective Tax Rate	-	-	-	22.46%	-

Updated Nov 20, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q