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Financial Services - Financial - Capital Markets - NASDAQ - GB
$ 1.23
2.5 %
$ 85.6 M
Market Cap
-1.37
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one ARBK stock under the base case scenario is HIDDEN Compared to the current market price of 1.23 USD, Argo Blockchain plc is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ARBK

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FINANCIALS
39.7 M REVENUE
-16.27%
-19.4 M OPERATING INCOME
-29.74%
-35 M NET INCOME
82.00%
3.83 M OPERATING CASH FLOW
105.42%
-1.06 M INVESTING CASH FLOW
-19.16%
-15.8 M FINANCING CASH FLOW
-23.18%
13.8 M REVENUE
-17.96%
-5.08 M OPERATING INCOME
-36.43%
-29.6 M NET INCOME
-838.06%
-1.04 M OPERATING CASH FLOW
-72.32%
5.2 K INVESTING CASH FLOW
-99.93%
-8.66 M FINANCING CASH FLOW
-165.15%
Balance Sheet Decomposition Argo Blockchain plc
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Current Assets 14.9 M
Cash & Short-Term Investments 7.83 M
Receivables 0
Other Current Assets 7.1 M
Non-Current Assets 61 M
Long-Term Investments 15 K
PP&E 59.7 M
Other Non-Current Assets 1.27 M
Current Liabilities 27.6 M
Accounts Payable 2.34 M
Short-Term Debt 14.3 M
Other Current Liabilities 10.9 M
Non-Current Liabilities 48.2 M
Long-Term Debt 48.2 M
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Argo Blockchain plc
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Revenue 39.7 M
Cost Of Revenue 53.9 M
Gross Profit -14.2 M
Operating Expenses 23.2 M
Operating Income -19.4 M
Other Expenses 15.6 M
Net Income -35 M
RATIOS
-35.86% GROSS MARGIN
-35.86%
-48.91% OPERATING MARGIN
-48.91%
-88.34% NET MARGIN
-88.34%
-22172.78% ROE
-22172.78%
-46.13% ROA
-46.13%
-30.95% ROIC
-30.95%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Argo Blockchain plc
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Net Income -35 M
Depreciation & Amortization 20.1 M
Capital Expenditures -1.11 M
Stock-Based Compensation 3.89 M
Change in Working Capital -111 K
Others 15.7 M
Free Cash Flow 2.72 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Argo Blockchain plc
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Wall Street analysts predict an average 1-year price target for ARBK of $3.83 , with forecasts ranging from a low of $1 to a high of $10 .
ARBK Lowest Price Target Wall Street Target
1 USD -18.70%
ARBK Average Price Target Wall Street Target
3.83 USD 211.65%
ARBK Highest Price Target Wall Street Target
10 USD 713.01%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Argo Blockchain plc
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Argo Blockchain PLC Announces Notice of Q3 Results Notice of Q3 2024 Results and Investor Presentation LONDON, UK / ACCESSWIRE / November 14, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), announces that the Company's Q3 2024 results will be released on 20 November 2024. Argo will host a conference call to discuss its results at 10:00 ET / 15:00 GMT on 20 November 2024. accesswire.com - 3 days ago
Argo Blockchain PLC Announces Baie Comeau and Helios Updates Baie Comeau, High Performance Computing and Helios Updates LONDON, UNITED KINGDOM / ACCESSWIRE / November 7, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following update: Baie-Comeau and High Performance Computing (HPC) Argo has entered into a non-binding letter of intent ("LOI") with BE Global Development Limited ("BE"), a specialist in HPC solutions, to explore a significant expansion at the Company's owned and operated Baie-Comeau facility. This proposed expansion would involve deploying advanced HPC infrastructure, which would diversify Argo's capabilities beyond Bitcoin mining into high-performance computing, positioning the Company to serve broader computing applications in data processing, AI, and other computationally intensive tasks. accesswire.com - 1 week ago
Argo Blockchain PLC Announces October Operational Update LONDON, ENGLAND / ACCESSWIRE / November 5, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for October 2024. During the month of October, the Company mined 46 Bitcoin ("BTC"), or 1.5 BTC per day, a 24% increase over the Company's September production. accesswire.com - 1 week ago
Class action against Argo Blockchain dismissed in New York Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) has announced the dismissal of the class action lawsuit, Murphy vs. Argo Blockchain, which was filed in January 2023 in New York. proactiveinvestors.co.uk - 1 month ago
Argo Blockchain PLC Announces Dismissal of Class Action Lawsuit Dismissal of Class Action Lawsuit (Murphy vs. Argo) LONDON, UK / ACCESSWIRE / October 11, 2024 / Argo is pleased to announce that the class action lawsuit, Murphy vs. accesswire.com - 1 month ago
Argo Blockchain generated around $2.2mln from bitcoin mining in September London-listed crypto-miner Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) reported that it produced 37 Bitcoins (BTC) in the month of  September. The average daily production was 1.2 BTC, as noted. proactiveinvestors.co.uk - 1 month ago
Argo September Operational Update LONDON, UK / ACCESSWIRE / October 4, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for September 2024. During the month of September, the Company mined 37 Bitcoin ("BTC"), or 1.2 BTC per day consistent with August 2024. accesswire.com - 1 month ago
Argo August Operational Update LONDON, ENGLAND / ACCESSWIRE / September 5, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for August 2024. During the month of August, the Company mined 38 Bitcoin ("BTC"), or 1.2 BTC per day down from 1.5 per day in July 2024. accesswire.com - 2 months ago
Argo Blockchain plc (ARBKF) Q2 2024 Earnings Call Transcript Argo Blockchain plc (OTCPK:ARBKF) Q2 2024 Earnings Call Transcript August 28, 2024 10:00 AM ET Company Participants Markella Zarifi - IR Thomas Chippas - CEO Jim MacCallum - CFO Operator [Technical Difficulty] PLC investor presentation. Throughout this recorded meeting, investors will be in listen-only mode. seekingalpha.com - 2 months ago
Argo Blockchain plc (ARBK) Q2 2024 Earnings Call Transcript Argo Blockchain plc (NASDAQ:ARBK ) Q2 2024 Results Conference Call August 28, 2024 10:00 AM ET Company Participants Markella Zarifi - Financial Communications Representative Thomas Chippas - Chief Executive Officer Jim MacCallum - Chief Financial Officer Operator Argo Blockchain plc Investor Presentation. Throughout this recorded meeting, investors will be in a listen-only mode. seekingalpha.com - 2 months ago
Argo Blockchain PLC Announces 2024 Interim Results LONDON, UNITED KINGDOM / ACCESSWIRE / August 28, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to announce its results for the six months ended 30 June 2024. Highlights Revenues of $29.3 million for H1 2024 compared to $24.0 million for H1 2023, an 18% increase, driven primarily by an increase in Bitcoin price. accesswire.com - 2 months ago
Argo Blockchain PLC Announces Notice of Q2 2024 Results Notice of Q2 2024 Results and Investor Presentation LONDON, ENGLAND / ACCESSWIRE / August 22, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), announces that the Company's Q2 2024 results will be released on 28 August 2024. Argo will host a conference call to discuss its results at 10:00 ET / 15:00 BST on 28 August 2024. accesswire.com - 2 months ago
8. Profile Summary

Argo Blockchain plc ARBK

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COUNTRY GB
INDUSTRY Financial - Capital Markets
MARKET CAP $ 85.6 M
Dividend Yield 0.00%
Description 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.
Contact 16 Great Queen Street, London, WC2B 5DG https://www.argoblockchain.com
IPO Date Sept. 23, 2021
Employees 30
Officers Mr. Thomas Joseph Chippas Chief Executive Officer & Director Mr. James Mckenzie MacCallum C.A., C.F.A., CPA Chief Financial Officer Ms. Alana Marks Vice President of People & Culture Mr. Sebastien Chalus Chief Strategy Officer