Financial Services -
Financial - Capital Markets - NASDAQ - GB
$ 0.3462
-5.28 %
$ 22 M
Market Cap
-0.37
P/E
1. INTRINSIC VALUE
Balance Sheet
Argo Blockchain plc
| 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
| Revenue | 73 M |
| Cost Of Revenue | 68.1 M |
| Gross Profit | 4.85 M |
| Operating Expenses | 29.4 M |
| Operating Income | -24.5 M |
| Other Expenses | 10.5 M |
| Net Income | -35 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Argo Blockchain plc
| Net Income | -35 M |
| Depreciation & Amortization | 20.1 M |
| Capital Expenditures | -1.11 M |
| Stock-Based Compensation | 4.92 M |
| Change in Working Capital | -111 K |
| Others | 13.9 M |
| Free Cash Flow | 2.72 M |
Wall Street Analysts Price Targets
Argo Blockchain plc
Wall Street analysts predict an average 1-year price target for ARBK of $4.3 , with forecasts ranging from
a
low of
$1 to a high of $10 .
ARBK Lowest Price Target
Wall Street Target
1 USD
188.85%
ARBK Average Price Target
Wall Street Target
4.3 USD
1142.06%
ARBK Highest Price Target
Wall Street Target
10 USD
2788.50%
4. DIVIDEND
ANALYSIS
ARBK does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Argo Blockchain plc
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
7. News
UK's Argo Blockchain names Justin Nolan CEO
British cryptocurrency miner Argo Blockchain on Monday named Justin Nolan as its chief executive officer.
reuters.com
- 1 month ago
Argo Blockchain PLC Announces Appointment of Chief Executive Officer
Appointment of Chief Executive Officer and PDMR Notification LONDON, UNITED KINGDOM / ACCESS Newswire / March 24, 2025 / Argo Blockchain plc, (LSE:ARB)(NASDAQ:ARBK), is pleased to announce that it has appointed Justin Nolan as Chief Executive Officer and Director with effect as of 22 March 2025. Justin Nolan most recently was Chief Executive Officer at Arkon Energy, a digital infrastructure company.
accessnewswire.com
- 1 month ago
Argo Blockchain PLC Announces Hosting Update
LONDON, GB / ACCESS Newswire / March 20, 2025 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) is pleased to announce the following hosting and miner updates: The Company has amended its hosting arrangement with Merkle Standard LLC ("Merkle") to host a total of 9,315 S19J Pro miners at Merkle's Memphis, Tennessee location, up from the initial 8,113 reported in February 2025. A further 4,000 S19J Pro miners will be hosted at Merkle's Washington State location.
accessnewswire.com
- 1 month ago
Argo Blockchain up 19% as it nears a deal that could bring in $40m of new investment
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) shares jumped 19% after the group said it entered a non-binding term sheet for $40 million in financing. The funds will be used to refresh its Quebec mining fleet, strengthen the balance sheet, and explore potential mergers and acquisitions.
proactiveinvestors.co.uk
- 2 months ago
Argo Blockchain PLC Announces Hosting Update
LONDON, UNITED KINGDOM / ACCESS Newswire / February 24, 2025 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) is pleased to announce that it has amended its hosting arrangement with Merkle Standard LLC ("Merkle") to host a total of 8,113 S19J Pro miners at Merkle's Memphis, Tennessee location, up from the initial 5,293 reported in January. These miners, previously hosted by the Company at Helios, will be deployed during the months of February and March for a minimum one year term.
accessnewswire.com
- 2 months ago
Argo Blockchain PLC Announces PDMR Dealing
LONDON, ENGLAND / ACCESS Newswire / February 3, 2025 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) announces that between 29 and 30 January 2025, Jim MacCallum, the Company's Interim Chief Executive Officer and Chief Financial Officer, purchased American Depositary Receipts representing the Company's ordinary shares ("ADRs"): PDMR / Person closely associated Purchased Weighted average price per Ordinary Share/ADR Jim MacCallum 25,000 ADRs US $0.4550 per ADR Jim MacCallum 25,000 ADRs US $0.4600 per ADR Jim MacCallum 25,000 ADRs US $0.4700 per ADR This announcement contains inside information. PDMR notification Share Purchase Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
accessnewswire.com
- 2 months ago
Argo Blockchain PLC Company Update - Hosting
LONDON, UNITED KINGDOM / ACCESS Newswire / January 27, 2025 / Hosting Update Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) is pleased to announce that it has entered into a hosting arrangement with Merkle Standard LLC ("Merkle") to host 5,293 S19J Pro miners at Merkle's Memphis, Tennessee location. These miners, previously hosted by the Company at Helios, will be deployed during the month of February for a minimum one year term.
accessnewswire.com
- 3 months ago
Argo CEO Change
LONDON, UK / ACCESS Newswire / January 21, 2025 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) announces that Thomas Chippas is stepping down from his positions as Chief Executive Officer and Director effective 28 February 2025. Argo intends to engage an executive search firm to assist with the process of selecting a new Chief Executive Officer and will update the market in due course.
accessnewswire.com
- 3 months ago
Argo Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
LONDON, UNITED KINGDOM / ACCESS Newswire / January 17, 2025 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK), announces today that it has received written notification (the "Notification Letter") from the Nasdaq Stock Market LLC Listing Qualifications Department ("Nasdaq") that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Rule 5450(a)(1) since the closing bid price for the Company's American Depositary Shares ("ADS") listed on the Nasdaq Global Select Market was below $1.00 for 30 consecutive business days. In accordance with Listing Rule 5810(c)(3)(A), the Company has until 15 July 2025, to regain compliance with the minimum bid price requirement, during which time the ADSs are expected to continue to trade on the Nasdaq Global Select Market.
accessnewswire.com
- 3 months ago
Argo Blockchain PLC Announces December Operational Update
LONDON, UNITED KINGDOM / ACCESSWIRE / January 7, 2025 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) is pleased to provide the following operational update for December 2024. During the month of December, the Company mined 39 Bitcoin ("BTC"), or 1.3 BTC per day, consistent with November's production.
accesswire.com
- 3 months ago
Argo Blockchain PLC November Ops Update
LONDON, UK / ACCESSWIRE / December 4, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for November 2024. During the month of November, the Company mined 39 Bitcoin ("BTC"), or 1.3 BTC per day, a decrease from 46 mined in October 2024.
accesswire.com
- 4 months ago
Argo Blockchain PLC Announces Vesting of PSU Award PDMR Dealing
LONDON, ENGLAND / ACCESSWIRE / November 29, 2024 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining, announces the vesting of Performance Share Units in respect of 2,375,000 Ordinary Shares of £0.001 ("Ordinary Shares") each on 27 November 2024. These shares were issued as part of Performance Share Unit awards previously granted to Thomas Chippas under the Company's 2022 Equity Incentive Plan.
accesswire.com
- 5 months ago
8. Profile
Summary
Argo Blockchain plc ARBK
COUNTRY
GB
INDUSTRY
Financial - Capital Markets
MARKET CAP
$ 22 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. James Mckenzie MacCallum C.A., C.F.A., CPA
Chief Financial Officer
Mr. Justin Nolan
Chief Executive Officer & Director
Mr. Sebastien Chalus
Chief Strategy Officer
Ms. Alana Marks
Vice President of People & Culture