Argo Blockchain plc

Argo Blockchain plc

ARB.L
Argo Blockchain plcGB flagLondon Stock Exchange
0.80
GBp
-0.25
- -
5.77MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
0.04
0.09
0.25
0.12
0.11
0.08
0.16
Basic EPS, GAAP
- -
- -
0.01
0.1
-0.48
-0.07
-0.09
-0.18
Free Cash Flow per Basic Share
- -
-0.07
- -
-0.57
-0.44
-0.1
-0.07
-0.05
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-0.02
0.1
0.18
-0.33
-0.38
-0.4
-0.8
Tangible Book Value per Share
- -
0.09
0.11
0.67
0.05
- -
-0.05
-0.1
Basic Weighted Avg Shares
- -
294
303
398
474
504
608
309
Sales/Revenue/Turnover
- -
11
26
99
59
58
49
50
Operating Margin (%)
- -
-2.28
9.86
57.36
-65.16
-28.51
-26.66
-25.92
Depreciation Expense
- -
3
8
15
29
20
15
15
Net Income, GAAP
- -
-1
2
39
-229
-35
-55
-55
Effective Tax Rate (%)
- -
- -
- -
22.46
- -
- -
- -
- -
Profit Margin (%)
- -
-10.09
7.61
39.57
-390.83
-60.01
-113.58
-110.1
Working Capital
23
-1
6
137
6
-13
2
2
LT Debt
- -
- -
5
41
64
48
39
39
Total Equity
27
27
33
272
25
- -
-29
-29
Return on Invested Capital (%)
- -
- -
7.08
21.99
- -
- -
- -
- -
Return on Capital (%)
- -
- -
12.16
44.97
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
77.59
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
ST Debt
6
1
1
LT Borrowings
39
39
39
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
578
636
715
Market Capitalization
2,226
2,803
1,467

Working Capital

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
6
6
12
Cash, Cash Equivalents & STI
4
3
9
Accounts Receivable, Net
1
3
- -
Inventories
- -
- -
- -
Total Current Liabilities
14
11
9
Payables & Accruals
- -
- -
- -
ST Debt
6
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-3,641.71%
-18,761.39%
Free Cash Flow
- -
-4,701.07%
-8.7%
Net Income, GAAP
- -
180.81%
59.08%
Sales/Revenue/Turnover
- -
70.56%
-15.95%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
11
14
10
18
58
2024
17
14
7
12
49
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-20
- -
-0.02
- -
-0.07
2024
-10
- -
-0.01
- -
-0.09
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Justin Nolan
Full Time Employees
30
Sector
Financial Services
Industry
Financial - Capital Markets
Address
16 Great Queen Street London United Kingdom WC2B 5DG
IPO Date
Aug 3, 2018
Business
Argo Blockchain plc operates as a United Kingdom-based blockchain technology company focused on large-scale cryptocurrency mining, primarily Bitcoin; it utilizes purpose-built mining machines such as Bitmain Antminer S19, S19 Pro, S19J Pro, and ePIC BlockMiners equipped with application-specific integrated circuits to solve complex cryptographic algorithms on blockchain networks in exchange for rewards and fees in native tokens. The company maintains mining operations at its Quebec facility in Baie Comeau, spanning over 40,000 square feet with approximately 15 megawatts capacity powered by 100% renewable hydroelectric energy, alongside additional hosted sites in North America; founded in 2017 and headquartered at Eastcastle House, 27-28 Eastcastle Street, London, W1W 8DH, it lists on the London Stock Exchange under ticker ARB and Nasdaq under ARBK. Subsidiaries include Argo Innovation Labs Inc., Argo Operating US LLC, and Argo Holdings US Inc., supporting its focus on efficient, clean-energy-powered mining infrastructure. In 2025, Argo proposes a comprehensive restructuring plan under Part 26A of the Companies Act 2006 to address capital needs and liquidity challenges, featuring a senior secured multi-draw term loan up to $7.5 million from Growler Mining Tuscaloosa, LLC at SOFR plus 6% interest, alongside Growler's contribution of crypto assets valued at $25-30 million for equity in Argo Operating US LLC; shareholders and creditors approved the plan on December 2, 2025, pending High Court sanction on December 8, 2025, which contemplates potential cancellation of its London Main Market listing while preserving Nasdaq presence and triggering UK Takeover Code considerations.

Company News

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