Argo Blockchain PLC

Argo Blockchain Plc operates as a blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. It mines using purpose-built computers to solve cryptographic algorithms in the blockchain in exchange for rewards and fees denominated in the native token of that blockchain network. The company was founded in 2017 and is headquartered in London, the United Kingdom.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Argo Blockchain PLC Announces October Operational Update

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.

Class action against Argo Blockchain dismissed in New York

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.

Argo Blockchain PLC Announces Dismissal of Class Action Lawsuit

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.

Argo Blockchain generated around $2.2mln from bitcoin mining in September

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.

Argo September 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.

Argo August Operational Update

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.

Argo Blockchain plc (ARBKF) 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.

Argo Blockchain plc (ARBK) Q2 2024 Earnings Call Transcript

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.

Argo Blockchain PLC Announces 2024 Interim 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.

Argo Blockchain PLC Announces Notice of Q2 2024 Results

Argo Blockchain (ARBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About Argo Blockchain (ARBK) Rating Upgrade to Buy

LONDON, UNITED KINGDOM / ACCESSWIRE / August 15, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), announces that, in connection with the warrant granted to the investor in the Company's fundraising announced on 30 July 2024 ("Warrant"), applications have been made to the Financial Conduct Authority and London Stock Exchange for the block listing of 31,406,429 ordinary shares of £0.001 each in the capital of the Company ("Block Listing Shares") to be admitted to the Official List and to trading on the London Stock Exchange's Main Market ("Admission"). The Block Listing Shares are being reserved under a block listing.

Argo Blockchain PLC Announces Block Listing Application

Argo Blockchain plc ("Argo" or "the Company") Full Repayment of $35 Million Galaxy Loan LONDON, UNITED KINGDOM / ACCESSWIRE / August 12, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to announce that it has fully repaid the remaining balance of the original loan extended by Galaxy Digital Holdings, Ltd. ("Galaxy") (GLXY) on 28 December 2022.

Argo Blockchain PLC Announces Statement re Loan Repayment

The company will partner with cities and governments to augment public transit systems with on-demand, door-to-door service. TORONTO , Aug. 7, 2024 /PRNewswire/ - Argo Corporation (TSXV: ARGH) (OTCQX: ARGHF), a new technology venture by former Tesla, Uber, Facebook, and Sidewalk Labs executives and engineers, today announced plans to launch in the coming weeks with the first customers to benefit from its intelligent, door-to-door, public transit solution.

Argo Launches First-Ever Vertically and Publicly Integrated City Transit System

LONDON, ENGLAND / ACCESSWIRE / August 5, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for July 2024. During the month of July, the Company mined 48 Bitcoin or Bitcoin Equivalents (together, "BTC"), or 1.5 BTC per day consistent with June 2024, which also averaged 1.5 BTC per day.

Argo Blockchain PLC Announces July Ops Update

LONDON, ENGLAND / ACCESSWIRE / August 5, 2024 / TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : ARGO BLOCKCHAIN PLC ISIN: GB00BZ15CS02 1b.

Argo Blockchain PLC Announces TR-1 Standard Notification of Major Holdings

LONDON, UNITED KINGDOM / ACCESSWIRE / July 30, 2024 / Argo Blockchain plc, (LSE:ARB)(NASDAQ:ARBK), is pleased to announce that it has entered into a securities purchase agreement for a private placement of its ordinary shares ("Ordinary Shares") and accompanying warrants to purchase Ordinary Shares to an institutional investor for gross proceeds of approximately GBP £6.5 million (the "Private Placement"). Pursuant to the Private Placement, the Company will issue 57,800,000 Ordinary Shares (the "Placement Shares") at a purchase price of GBP £0.1125 per Ordinary Share along with warrants to purchase up to 57,800,000 Ordinary Shares (the "Warrants").

Argo Blockchain PLC Announces Private Placement With Institutional Investor

Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP), a global cryptocurrency mining company, saw its share price drop by 7% after it updated on its crypto mining operations. In June, the company mined 44 Bitcoin, averaging 1.5 Bitcoin per day, the same as in May.

Argo Blockchain shares drop 7% after mining update

June Operational Update LONDON, UNITED KINGDOM / ACCESSWIRE / July 5, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for June 2024. During the month of June, the Company mined 44 Bitcoin or Bitcoin Equivalents (together, "BTC"), or 1.5 BTC per day.

Argo Blockchain PLC Announces June Operational Update

Extension of Galaxy Loan LONDON, UNITED KINGDOM / ACCESSWIRE / July 1, 2024 / Argo Blockchain plc, (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining using predominantly renewable energy, announces the extension of its loan with Galaxy Digital Holdings Ltd. ("Galaxy") through to December 28, 2024.

Argo Blockchain PLC Announces Loan Extension

Argo Blockchain (ARBK) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Argo Blockchain (ARBK) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

LONDON, ENGLAND / ACCESSWIRE / June 7, 2024 / Argo Blockchain plc ('Argo' or 'the Company'), (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining announces the results of the Company's annual general meeting held on Thursday, 6 June 2024. A poll was held on each of the resolutions in which Resolutions 1, 4, 5, 6, and 7 (inclusive) were passed as ordinary resolutions and resolutions 9, 10 and 12 (inclusive) were passed as special resolutions.

Argo Blockchain PLC Announces Result of Annual General Meeting

Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP)'s monthly mining output more than halved in May, as the London-listed bitcoin miner reckoned with the recent bitcoin Halving event. The Halving, which occurs every four years on the bitcoin ledger, slashes mining rewards by 50% as an anti-inflationary measure.

Argo Blockchain reckons with bitcoin Halving as monthly revenues plummet

LONDON, ENGLAND / ACCESSWIRE / June 5, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for May 2024. During the month of May, the Company mined 45 Bitcoin or Bitcoin Equivalents (together, "BTC"), or 1.5 BTC per day.

Argo Blockchain PLC Announces May Operational Update, TVR and New Shares

Argo Blockchain (ARBK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

News for Argo Blockchain PLC Stock (ARBK)