Financial Services - Financial - Capital Markets - NASDAQ - AU
$ 1.77
1.14 %
$ 33.1 M
Market Cap
-0.48
P/E
Mawson Infrastructure Group Inc., a digital infrastructure provider, operates in cryptocurrency mining in the United States and Australia. It owns and operates modular data centers. The company is based in North Sydney, Australia.[ Read More ]
The intrinsic value of one MIGI stock under the base case scenario is HIDDEN Compared to the current market price of 1.77 USD, Mawson Infrastructure Group, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart MIGI
FINANCIALS
43.6 M
REVENUE
-60.3 M
OPERATING INCOME
-60.4 M
NET INCOME
-2.55 M
OPERATING CASH FLOW
10.7 M
INVESTING CASH FLOW
-4.65 M
FINANCING CASH FLOW
12.3 M
REVENUE
-11.4 M
OPERATING INCOME
-12.4 M
NET INCOME
-1.24 M
OPERATING CASH FLOW
318 K
INVESTING CASH FLOW
-103 K
FINANCING CASH FLOW
Balance Sheet Decomposition
Mawson Infrastructure Group, Inc.
| Current Assets | 20.1 M |
| Cash & Short-Term Investments | 4.48 M |
| Receivables | 12.1 M |
| Other Current Assets | 3.56 M |
| Non-Current Assets | 64.6 M |
| Long-Term Investments | 107 K |
| PP&E | 60 M |
| Other Non-Current Assets | 4.47 M |
| Current Liabilities | 53.3 M |
| Accounts Payable | 17 M |
| Short-Term Debt | 22.3 M |
| Other Current Liabilities | 14 M |
| Non-Current Liabilities | 1.07 M |
| Long-Term Debt | 1.07 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Mawson Infrastructure Group, Inc.
| Revenue | 43.6 M |
| Cost Of Revenue | 28.6 M |
| Gross Profit | 15 M |
| Operating Expenses | 75.3 M |
| Operating Income | -60.3 M |
| Other Expenses | 102 K |
| Net Income | -60.4 M |
RATIOS
34.46%
GROSS MARGIN
-138.44%
OPERATING MARGIN
-138.67%
NET MARGIN
-206.65%
ROE
-71.28%
ROA
-134.18%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Mawson Infrastructure Group, Inc.
| Net Income | -60.4 M |
| Depreciation & Amortization | 39.5 M |
| Capital Expenditures | -5.35 M |
| Stock-Based Compensation | 10.8 M |
| Change in Working Capital | 7.39 M |
| Others | 7.52 M |
| Free Cash Flow | -7.9 M |
Wall Street Analysts Price Targets
Mawson Infrastructure Group, Inc.
MIGI has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Mawson Infrastructure Group, Inc.
Sold
0-3 MONTHS
60.5 K USD 1
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 |
|---|---|---|---|---|
|
2 months ago
Sep 13, 2024
|
Sell 19.2 K USD
|
Costello Ryan
Director |
- 15000
|
1.28 USD |
|
2 months ago
Sep 13, 2024
|
Sell 12 K USD
|
Costello Ryan
Director |
- 10000
|
1.2 USD |
|
2 months ago
Sep 13, 2024
|
Sell 8.91 K USD
|
Costello Ryan
Director |
- 7075
|
1.26 USD |
|
2 months ago
Sep 13, 2024
|
Sell 3.68 K USD
|
Costello Ryan
Director |
- 2900
|
1.27 USD |
|
2 months ago
Sep 13, 2024
|
Sell 1.68 K USD
|
Costello Ryan
Director |
- 1325
|
1.2702 USD |
|
2 months ago
Sep 13, 2024
|
Sell 889 USD
|
Costello Ryan
Director |
- 700
|
1.2701 USD |
|
2 months ago
Sep 13, 2024
|
Sell 14.1 K USD
|
Costello Ryan
Director |
- 11395
|
1.24 USD |
|
1 year ago
Nov 28, 2022
|
Bought 12.9 K USD
|
Hughes Michael Forrest
Director |
+ 35000
|
0.3678 USD |
|
3 years ago
Mar 09, 2021
|
Bought 1.25 M USD
|
Rubini Jonathan Brian
10 percent owner |
+ 10416667
|
0.12 USD |
|
3 years ago
Mar 09, 2021
|
Bought 1.3 M USD
|
Rimon Gold Assets Ltd
10 percent owner |
+ 10833333
|
0.12 USD |
|
3 years ago
Mar 09, 2021
|
Bought 100 K USD
|
Eisenberg Or
CFO and Secretary |
+ 833333
|
0.12 USD |
|
3 years ago
Mar 09, 2021
|
Bought 350 K USD
|
Danenberg Noam
Chief Executive Officer |
+ 2916667
|
0.12 USD |
|
3 years ago
Dec 29, 2020
|
Sell 4.34 USD
|
Rimon Gold Assets Ltd
10 percent owner |
- 4340
|
0.001 USD |
|
3 years ago
Dec 29, 2020
|
Sell 2.92 USD
|
Rimon Gold Assets Ltd
10 percent owner |
- 2919
|
0.001 USD |
|
3 years ago
Dec 29, 2020
|
Sell 28.2 USD
|
Rimon Gold Assets Ltd
10 percent owner |
- 28210
|
0.001 USD |
|
3 years ago
Dec 29, 2020
|
Sell 3.08 USD
|
Rimon Gold Assets Ltd
10 percent owner |
- 3077
|
0.001 USD |
|
3 years ago
Dec 29, 2020
|
Sell 0.507 USD
|
Danenberg Noam
Chief Executive Officer |
- 507
|
0.001 USD |
|
3 years ago
Dec 29, 2020
|
Sell 1.45 USD
|
Danenberg Noam
Chief Executive Officer |
- 1447
|
0.001 USD |
|
3 years ago
Dec 29, 2020
|
Sell 12.5 USD
|
Danenberg Noam
Chief Executive Officer |
- 12543
|
0.001 USD |
|
3 years ago
Dec 29, 2020
|
Sell 0.962 USD
|
Danenberg Noam
Chief Executive Officer |
- 962
|
0.001 USD |
|
3 years ago
Dec 29, 2020
|
Sell 2.16 USD
|
Rubini Jonathan Brian
10 percent owner |
- 2159
|
0.001 USD |
|
3 years ago
Dec 29, 2020
|
Sell 2.69 USD
|
Rubini Jonathan Brian
10 percent owner |
- 2692
|
0.001 USD |
|
3 years ago
Dec 29, 2020
|
Sell 34 USD
|
Rubini Jonathan Brian
10 percent owner |
- 33951
|
0.001 USD |
|
4 years ago
Dec 13, 2019
|
Bought 914 K USD
|
Rimon Gold Assets Ltd
10 percent owner |
+ 3385212
|
0.27 USD |
|
6 years ago
Oct 24, 2018
|
Bought 400 K USD
|
Rimon Gold Assets Ltd
10 percent owner |
+ 400000
|
1 USD |
|
6 years ago
Oct 24, 2018
|
Bought 400 K USD
|
Rimon Gold Assets Ltd
10 percent owner |
+ 400000
|
1 USD |
|
6 years ago
Oct 24, 2018
|
Bought 440 K USD
|
Rimon Gold Assets Ltd
10 percent owner |
+ 400000
|
1.1 USD |
|
4 years ago
Dec 20, 2019
|
Bought 1.1 M USD
|
Rubini Jonathan Brian
10 percent owner |
+ 4074047
|
0.27 USD |
|
4 years ago
Dec 20, 2019
|
Bought 550 K USD
|
Rubini Jonathan Brian
10 percent owner |
+ 2037037
|
0.27 USD |
|
5 years ago
May 31, 2019
|
Bought 191 K USD
|
Danenberg Noam
Chief Executive Officer |
+ 173607
|
1.1 USD |
|
5 years ago
Apr 21, 2019
|
Sell 295 K USD
|
Ridge Valley Corp
10 percent owner |
- 265531
|
1.1112 USD |
|
5 years ago
Apr 21, 2019
|
Sell 126 K USD
|
Ridge Valley Corp
10 percent owner |
- 94382
|
1.332 USD |
|
5 years ago
Apr 21, 2019
|
Bought 295 K USD
|
Danenberg Noam
Chief Executive Officer |
+ 265531
|
1.1112 USD |
|
5 years ago
Apr 21, 2019
|
Bought 125 K USD
|
Danenberg Noam
Chief Executive Officer |
+ 125000
|
1 USD |
|
5 years ago
Apr 21, 2019
|
Bought 125 K USD
|
Danenberg Noam
Chief Executive Officer |
+ 125000
|
1 USD |
|
5 years ago
Apr 21, 2019
|
Bought 138 K USD
|
Danenberg Noam
Chief Executive Officer |
+ 125000
|
1.1 USD |
|
5 years ago
Apr 21, 2019
|
Bought 126 K USD
|
Danenberg Noam
Chief Executive Officer |
+ 94382
|
1.332 USD |
|
6 years ago
Jan 18, 2018
|
Bought 600 USD
|
Zarachia Yaakov
10 percent owner |
+ 5000
|
0.12 USD |
|
6 years ago
Jan 17, 2018
|
Bought 1.45 K USD
|
Zarachia Yaakov
10 percent owner |
+ 10000
|
0.145 USD |
|
6 years ago
Jan 16, 2018
|
Bought 1.94 K USD
|
Zarachia Yaakov
10 percent owner |
+ 13000
|
0.1495 USD |
|
6 years ago
Jan 10, 2018
|
Bought 1.32 K USD
|
Zarachia Yaakov
10 percent owner |
+ 9281
|
0.142 USD |
|
6 years ago
Jan 10, 2018
|
Bought 600 USD
|
Zarachia Yaakov
10 percent owner |
+ 4000
|
0.15 USD |
|
6 years ago
Jan 09, 2018
|
Bought 1.03 K USD
|
Zarachia Yaakov
10 percent owner |
+ 9841
|
0.105 USD |
|
6 years ago
Jan 03, 2018
|
Bought 638 USD
|
Zarachia Yaakov
10 percent owner |
+ 7507
|
0.085 USD |
|
6 years ago
Dec 29, 2017
|
Bought 2.28 K USD
|
Zarachia Yaakov
10 percent owner |
+ 20711
|
0.11 USD |
|
6 years ago
Dec 28, 2017
|
Bought 1.02 K USD
|
Zarachia Yaakov
10 percent owner |
+ 9289
|
0.11 USD |
|
12 years ago
Mar 18, 2012
|
Bought 2.04 B USD
|
Regev Guy
Director |
+ 32072
|
63677 USD |
|
13 years ago
Nov 21, 2011
|
Sell 60.1 B USD
|
Rule Matthew
|
- 7750000
|
7750 USD |
7. News
Mawson Infrastructure Group Inc. Reports Q3 2024 Unaudited Financial Results
Q3 2024 Digital Colocation Business Revenue increased 222% Y/Y Q3 2024 Energy Management Business Revenue increased 33% Y/Y Q3 2024 Total Revenue increased 50% YTD (9 months) in 2024 MIDLAND, Pa., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson”, “the Company”), a publicly-traded technology company that offers digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets, today announced its unaudited financial and operational results for the third quarter of fiscal year 2024 ended September 30, 2024.
globenewswire.com
- 3 days ago
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for September 2024
Total Monthly Revenue up 65% Y/Y from September 2023 Energy Management Revenue up 271% Y/Y from September 2023 Digital Colocation Business Grows to Multi-Million Dollar Monthly Revenue in one year, up from zero in September 2023, with diversified enterprise-grade customer base Phase 1 of construction completed at Ohio Facility, expected to increase Mawson's Total Capacity to 153 MW upon full completion MIDLAND, Pa., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets markets, today announced its unaudited business and operational update for September 2024.
globenewswire.com
- 1 month ago
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for August 2024
Digital Colocation Revenue up 166% Y/Y from August 2023 and 25% M/M from July 2024 Total Monthly Revenue up 27% M/M from July 2024 Expanded into Artificial Intelligence (AI) and High-Performance Computing (HPC) Colocation Business Executed AI Customer Colocation Agreement for 20 MW for 6-years to colocate NVIDIA GPUs, Expected to Generate Cumulative Revenue Potential of $285 Million 1 Signed AI Customer Colocation LOI for AI and HPC Expansion to 144 MW Expanded to Ohio with 24 MW Planned Capacity, Expected to Increase Total Capacity to 153 MW Upon Completion MIDLAND, Pa., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets markets, today announced its unaudited business and operational update for August 2024.
globenewswire.com
- 2 months ago
Mawson Infrastructure Group Expands to Ohio for AI/HPC Expansion
To Bolster Long-Term AI/HPC Growth Capacities, Mawson Expands to Ohio Expected to Increase Company's Total Capacity to 153 Megawatts upon Completion Mawson Invites Additional AI and HPC Partners for Further AI Collaboration and Innovation MIDLAND, Pa., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or "the Company"), a publicly-traded technology company providing digital infrastructure to the AI, HPC and digital assets markets, and headquartered in the United States, today announced its expansion of its lease in Ohio, further extending its AI (artificial intelligence) and HPC (high-performance computing) growth capacities.
globenewswire.com
- 2 months ago
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for July 2024
Digital Assets Colocation Monthly Revenue up 54% Y/Y from July last year Recently Expanded into AI (Artificial Intelligence) and HPC (High-Performance Computing) MarketsAI/HPC Colocation Agreement Recently Signed Expected to Generate Cumulative Revenue Potential of $285 Million 1 through 6-Year Term MIDLAND, Pa., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded digital infrastructure provider serving the AI, HPC and Digital Assets markets and headquartered in the United States, today announced its unaudited business and operational update for July 2024.
globenewswire.com
- 2 months ago
Mawson Infrastructure Group Inc. Reports Q2 2024 Financial Results
Q2 Digital Colocation Business Revenue increased 77% Y/Y Q2 Energy Management Business Revenue increased 70% Y/Y Company Optimized and Reduced Q2 SG&A Expenses by 42% Y/Y Q2 2024 Total Revenue Increased 24% Y/Y and Increased 75% YTD (6 months) of 2024 MIDLAND, Pa., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson”, “the Company”), a publicly traded digital infrastructure provider headquartered in the United States, today announced its unaudited financial and operational results for the second quarter of fiscal year 2024 ended June 30, 2024.
globenewswire.com
- 2 months ago
Mawson Infrastructure Group Inc. to Join World Summit AI (Artificial Intelligence) in October 2024
MIDLAND, Pa., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or "the Company"), a publicly traded digital infrastructure company headquartered in the United States, today announced that it will be joining the World Summit AI (WSAI) being held October 9-10, 2024 in Amsterdam in the European Union.
globenewswire.com
- 3 months ago
Mawson Infrastructure Group Inc. Expands into AI and HPC Markets and Announces the Signing of AI/HPC Colocation Agreement for 20 MW
Initial AI/HPC (Artificial Intelligence/High-Performance Computing) Colocation Agreement Signed Expected to Generate Cumulative Revenue Potential of $285 Million 1 through 6-Year Initial 20 MW Contract Term Also Signs a Separate Non-Binding LOI to expand AI/HPC Colocation Business to 144 MW Positions Mawson Infrastructure Group as a Rising Player in the AI and HPC Digital Infrastructure Space MIDLAND, Pa., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or “the Company"), a publicly traded digital infrastructure provider in the United States, today announced that it has entered into a binding AI/HPC (Artificial Intelligence/High-Performance Computing) colocation business agreement (the “Agreement”) with BE Global Development Limited ("customer" or "BE") to provide an initial 20 megawatts (MW) of digital infrastructure for AI/HPC colocation services at a fixed, pre-determined price for the first two years of the Agreement, and with an initial six-year contract term.
globenewswire.com
- 3 months ago
Mawson Infrastructure Group Inc. to Present at the 2024 Gateway Conference in San Francisco, CA
MIDLAND, Pa., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly traded digital infrastructure company, announced that it will be presenting at the 2024 Annual Gateway Conference, which is being held September 4-5 in San Francisco, CA.
globenewswire.com
- 3 months ago
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for June 2024
Digital Colocation Business Revenue up 56% Y/Y from June last year Energy Management Revenue up 262% Y/Y from June last year Completed 20 MW Facility Expansion Increasing Total Capacity to 129 MW and 41,530 miners Expands Digital Colocation Business and Digital Computation Expertise with Enterprise Customer for about 5,880 IceRiver KAS KS3M Miners to mine Kaspa (KAS) MIDLAND, Pa., July 18, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly traded digital infrastructure company, announced today its unaudited business and operational update for June 2024.
globenewswire.com
- 4 months ago
Mawson Infrastructure Group Announces Several Recent New Hires to Further Drive Transformation and Growth Initiatives
MIDLAND, Pa., July 17, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson,” or “the Company”), a publicly traded digital infrastructure company, today announced several recent new hires to drive its overall growth initiatives, including expanding strategic partnerships and broadening the range of new business and ecosystem opportunities.
globenewswire.com
- 4 months ago
Mawson Infrastructure Group Announces Successful Completion of Announced Facilities Expansion Plans
Mawson's site in the greater Pittsburgh area grows to be amongst the largest operating sites in the PJM market amongst all the North American Public Bitcoin Mining Companies Expanded Midland, Pennsylvania site is now about 120 MW with capacity of about 38,810 ASICs miners Increases Mawson's Total Operational Capacity to approximately 129 MW and 41,530 Miners MIDLAND, Pa., June 25, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a digital infrastructure company, today announced the completion of the previously announced planned expansion at its Midland, Pennsylvania digital infrastructure and bitcoin mining facility, located in the greater Pittsburgh region.
globenewswire.com
- 4 months ago
8. Profile Summary
Mawson Infrastructure Group, Inc. MIGI
COUNTRY
AU
INDUSTRY
Financial - Capital Markets
MARKET CAP
$ 33.1 M
Dividend Yield
0.00%
Description
Mawson Infrastructure Group Inc., a digital infrastructure provider, operates in cryptocurrency mining in the United States and Australia. It owns and operates modular data centers. The company is based in North Sydney, Australia.
Contact
97 Pacific Highway, North Sydney, NSW, 2060
https://www.mawsoninc.com
IPO Date
Feb. 22, 2012
Employees
30
Officers
Mr. William Harrison
Chief Financial Officer
Mr. Max Franklin
Director of Strategic Partnerships & Sales
Mr. Jonathan Sites
Director of Human Resources
Mr. Anurag Gandhi
Head of Corporate Strategy
Mr. Vikram Murali
Head of Corporate Development
Mr. Rahul Mewawalla
Chief Executive Officer, President & Director