NASDAQ : ARBK
Argo Blockchain plc — Financial statements
Financials · Capital Markets · United Kingdom
Last price 1.55 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 20.71M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Argo Blockchain plc (ARBK) reported revenue of 15.52M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 15.52M | 15.52M | 47.02M | 50.56M | 58.58M | 98.75M |
| Cost of Revenue | 12.72M | 12.72M | 31.44M | 29.26M | 27.83M | 16.11M |
| Gross Profit | 2.80M | 2.80M | 15.58M | 21.30M | 30.76M | 82.64M |
| Selling, General & Admin | 7.06M | 7.06M | 8.60M | 11.61M | 28.78M | 10.58M |
| Other Operating Expenses | 70.00K | 70.00K | 2.01M | 1.91M | 2.11M | |
| Operating Expenses | 12.37M | 12.37M | 28.54M | 36.07M | 57.46M | 27.50M |
| Operating Income | -9.58M | -9.58M | -12.96M | -14.77M | -26.70M | 55.15M |
| Interest Expense | -4.20M | -4.20M | -6.81M | -11.56M | -22.66M | -2.94M |
| Earnings From Equity Investments | -716.00K | -6.03M | -1.59M | |||
| Other Non Operating Income (Expenses) | 157.00K | 157.00K | 708.00K | 346.00K | -1.57M | |
| EBT Excluding Unusual Items | -13.62M | -13.62M | -19.06M | -26.70M | -56.96M | 50.62M |
| Merger & Restructuring Charges | -3.82M | -3.82M | -2.36M | -4.97M | ||
| Gain (Loss) on Sale of Investments | -300.00K | -300.00K | -842.00K | -2.20M | -406.00K | -837.00K |
| Gain (Loss) on Sale of Assets | 732.00K | 732.00K | -527.00K | 1.17M | -132.48M | 543.00K |
| Asset Writedown | -730.00K | -730.00K | -31.97M | -1.94M | -55.84M | -712.00K |
| Other Unusual Items | 22.41M | 22.41M | 4.99M | 782.00K | ||
| Pretax Income | 4.67M | 4.67M | -54.76M | -34.64M | -240.69M | 50.39M |
| Income Tax Expense | -412.00K | -412.00K | 340.00K | -11.73M | 11.32M | |
| Net Income | 5.08M | 5.08M | -55.10M | -34.64M | -228.96M | 39.07M |
| Net Income to Common | 5.08M | 5.08M | -55.10M | -34.64M | -228.96M | 39.07M |
| Shares Outstanding (Basic) | 1.01M | 1.01M | 281.43K | 233.29K | 219.41K | 184.03K |
| Shares Outstanding (Diluted) | 1.01M | 1.01M | 281.43K | 233.29K | 219.41K | 184.03K |
| EPS (Basic) | 5.02 | 5.02 | -195.80 | -148.47 | -1,043.52 | 212.32 |
| EPS (Diluted) | 5.02 | 5.02 | -195.80 | -148.47 | -1,043.52 | 212.32 |
| Free Cash Flow | -25.13M | -25.13M | -44.80M | -49.07M | -209.28M | -225.20M |
| Free Cash Flow Per Share | -24.81 | -24.81 | -159.18 | -210.33 | -953.84 | -1,223.68 |
| Gross Margin | 18.02% | 18.02% | 33.13% | 42.13% | 52.50% | 83.69% |
| Operating Margin | -61.70% | -61.70% | -27.57% | -29.22% | -45.58% | 55.84% |
| Profit Margin | 32.76% | 32.76% | -117.20% | -68.51% | -390.83% | 39.57% |
| Free Cash Flow Margin | -161.92% | -161.92% | -95.28% | -97.05% | -357.24% | -228.05% |
| EBITDA | -6.43M | -6.43M | 1.95M | 5.36M | 2.04M | 70.46M |
| EBITDA Margin | -41.43% | -41.43% | 4.14% | 10.60% | 3.47% | 71.36% |
| D&A For EBITDA | 3.15M | 3.15M | 14.91M | 20.13M | 28.74M | 15.32M |
| EBIT | -9.58M | -9.58M | -12.96M | -14.77M | -26.70M | 55.15M |
| EBIT Margin | -61.70% | -61.70% | -27.57% | -29.22% | -45.58% | 55.84% |
| Effective Tax Rate | 22.46% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.20M | 2.20M | 8.63M | 7.44M | 20.09M | 15.92M |
| Cash & Short-Term Investments | 2.20M | 2.20M | 8.63M | 7.44M | 20.09M | 15.92M |
| Accounts Receivable | 645.00K | 645.00K | 140.00K | 2.48M | 10.07M | |
| Other Receivables | 2.31M | 823.00K | ||||
| Receivables | 645.00K | 645.00K | 2.45M | 2.48M | 823.00K | 10.07M |
| Prepaid Expenses | 1.19M | 1.19M | 628.00K | 1.35M | 75.41M | |
| Other Current Assets | 42.00K | 42.00K | 6.00K | 3.65M | 6.42M | 108.96M |
| Total Current Assets | 4.08M | 4.08M | 11.71M | 14.92M | 27.34M | 210.36M |
| Property, Plant & Equipment | 13.21M | 13.21M | 7.07M | 59.73M | 77.52M | 151.04M |
| Long-Term Investments | 300.00K | 400.00K | 3.28M | 19.18M | ||
| Goodwill | 37.00K | 37.00K | 35.00K | 112.00K | 96.00K | |
| Other Intangible Assets | 5.40M | 5.40M | 141.00K | 776.00K | 2.01M | 7.56M |
| Total Assets | 22.73M | 22.73M | 19.26M | 75.94M | 110.23M | 388.15M |
| Accounts Payable | 3.81M | 3.81M | 1.66M | 11.18M | 3.08M | 20.57M |
| Accrued Expenses | 2.52M | 2.52M | 6.52M | 6.70M | ||
| Current Portion of Long-Term Debt | 1.60M | 1.60M | 857.00K | 14.32M | 11.61M | 31.56M |
| Current Portion of Leases | 133.00K | 133.00K | 5.00K | 10.00K | ||
| Current Income Taxes Payable | 398.00K | 10.36M | ||||
| Other Current Liabilities | 2.09M | 10.89M | ||||
| Total Current Liabilities | 8.06M | 8.06M | 9.44M | 27.59M | 21.39M | 73.77M |
| Long-Term Debt | 39.30M | 48.20M | 63.73M | 40.88M | ||
| Long-Term Leases | 1.77M | 1.77M | 540.00K | 499.00K | ||
| Long-Term Deferred Tax Liabilities | 730.00K | |||||
| Total Liabilities | 9.83M | 9.83M | 48.74M | 75.78M | 85.66M | 115.88M |
| Common Stock | 38.63M | 38.63M | 938.00K | 712.00K | 634.00K | 622.00K |
| Additional Paid-In Capital | 263.73M | 263.73M | 232.26M | 209.78M | 202.10M | 196.91M |
| Retained Earnings | -275.04M | -275.04M | -247.08M | -191.97M | -157.34M | 69.76M |
| Comprehensive Income & Other | -14.42M | -14.42M | -15.60M | -18.36M | -20.82M | 4.98M |
| Shareholders' Equity | 12.90M | 12.90M | -29.48M | 158.00K | 24.58M | 272.27M |
| Total Liabilities & Equity | 22.73M | 22.73M | 19.26M | 75.94M | 110.23M | 388.15M |
| Total Debt | 3.50M | 3.50M | 40.16M | 62.52M | 75.88M | 72.94M |
| Net Cash (Debt) | -1.30M | -1.30M | -31.54M | -55.07M | -55.78M | -57.02M |
| Net Cash Per Share | -1.28 | -1.28 | -112.05 | -236.07 | -254.24 | -309.84 |
| Filing Date Shares Outstanding | 13.36M | 13.36M | 330.96K | 248.59K | 221.22K | 216.71K |
| Total Common Shares Outstanding | 13.36M | 13.36M | 330.96K | 248.59K | 221.22K | 216.71K |
| Working Capital | -3.98M | -3.98M | 2.27M | -12.66M | 5.95M | 136.59M |
| Book Value Per Share | 0.97 | 0.97 | -89.09 | 0.64 | 111.10 | 1,256.42 |
| Tangible Book Value | 7.46M | 7.46M | -29.66M | -730.00K | 22.48M | 264.71M |
| Tangible Book Value Per Share | 0.56 | 0.56 | -89.62 | -2.94 | 101.60 | 1,221.53 |
| Machinery | 139.60M | 139.60M | 170.25M | 172.18M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 5.08M | 5.08M | -55.10M | -34.64M | -228.96M | 39.07M |
| Depreciation & Amortization | 3.16M | 3.16M | 14.91M | 20.13M | 28.74M | 15.32M |
| Other Amortization | 267.00K | |||||
| Loss (Gain) From Sale of Assets | -677.00K | -677.00K | 1.27M | -36.00K | 78.65M | 837.00K |
| Asset Writedown & Restructuring Costs | 610.00K | 610.00K | 31.50M | 855.00K | 55.84M | |
| Loss (Gain) From Sale of Investments | 300.00K | 300.00K | 2.24M | 406.00K | -244.00K | |
| Loss (Gain) on Equity Investments | 716.00K | 6.03M | 1.59M | |||
| Stock-Based Compensation | 2.65M | 2.65M | 3.76M | 3.89M | 6.10M | 2.58M |
| Other Operating Activities | -34.38M | -34.38M | -39.58M | -41.00M | -16.57M | -94.39M |
| Change in Accounts Receivable | 1.25M | 1.25M | 756.00K | -1.15M | -26.15M | -18.14M |
| Change in Accounts Payable | -3.00M | -3.00M | -2.31M | 1.04M | -5.58M | 16.35M |
| Operating Cash Flow | -25.01M | -25.01M | -44.80M | -47.96M | -101.24M | -37.02M |
| Capital Expenditures | -126.00K | -126.00K | -1.11M | -108.05M | -188.18M | |
| Sale of Property, Plant & Equipment | 2.28M | 2.28M | 891.00K | 12.40M | ||
| Cash Acquisitions | -884.00K | |||||
| Divestitures | -1.68M | |||||
| Sale (Purchase) of Intangibles | 31.00K | 31.00K | 114.65M | 15.05M | ||
| Investment in Securities | 6.75M | 50.00K | -9.05M | |||
| Other Investing Activities | 15.44M | 15.44M | 47.39M | 51.87M | ||
| Investing Cash Flow | 17.62M | 17.62M | 55.02M | 50.80M | 17.32M | -183.07M |
| Long-Term Debt Issued | 5.25M | 5.25M | 1.29M | 1.43M | 106.93M | 65.40M |
| Total Debt Issued | 5.25M | 5.25M | 1.29M | 1.43M | 106.93M | 65.40M |
| Long-Term Debt Repaid | -399.00K | -399.00K | -26.24M | -14.06M | -93.00K | -11.41M |
| Lease Payments | -93.00K | -9.82M | ||||
| Total Debt Repaid | -399.00K | -399.00K | -26.24M | -14.06M | -93.00K | -11.41M |
| Net Debt Issued (Repaid) | 4.85M | 4.85M | -24.95M | -12.63M | 106.84M | 53.99M |
| Issuance of Common Stock | 21.86M | 7.52M | 179.23M | |||
| Other Financing Activities | -3.80M | -3.80M | -6.22M | -10.66M | -22.66M | -162.00K |
| Financing Cash Flow | 1.05M | 1.05M | -9.32M | -15.78M | 84.18M | 233.06M |
| Foreign Exchange Rate Adjustments | -93.00K | -93.00K | 281.00K | 281.00K | 3.90M | 161.00K |
| Net Cash Flow | -6.42M | -6.42M | 1.18M | -12.65M | 4.17M | 13.14M |
| Free Cash Flow | -25.13M | -25.13M | -44.80M | -49.07M | -209.28M | -225.20M |
| Free Cash Flow Margin | -161.92% | -161.92% | -95.28% | -97.05% | -357.24% | -228.05% |
| Free Cash Flow Per Share | -24.81 | -24.81 | -159.18 | -210.33 | -953.84 | -1,223.68 |
| Levered Free Cash Flow | -3.95M | -3.95M | 6.02M | 9.70M | 165.62M | -266.72M |
| Unlevered Free Cash Flow | -1.33M | -1.33M | 10.28M | 16.93M | 179.78M | -264.89M |
| Free Cash Flow After Leases | -25.13M | -25.13M | -44.80M | -49.07M | -209.38M | -235.02M |
| Cash Interest Paid | 1.89M | 1.89M | 6.22M | 10.66M | 22.66M | 162.00K |
| Change in Working Capital | -1.75M | -1.75M | -1.55M | -111.00K | -31.73M | -1.78M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 20.71M | 1.14M | 40.52M | 200.83M | 51.61M | 569.19M |
| Enterprise Value | 22.01M | 39.74M | 77.85M | 261.37M | 183.79M | 540.94M |
| Last Close Price | 1.55 | 3.41 | 122.04 | 807.85 | 233.28 | 2,626.58 |
| PE Ratio | 0.22 | 14.57 | ||||
| Forward PE | 10.58 | 10.58 | 10.58 | 1.88 | 5.09 | |
| PS Ratio | 1.33 | 0.07 | 0.86 | 3.97 | 0.88 | 5.76 |
| PB Ratio | 1.61 | 0.09 | -1.37 | 1,271.05 | 2.10 | 2.09 |
| P/TBV Ratio | 2.77 | 0.15 | 2.30 | 2.15 | ||
| EV/Sales Ratio | 1.42 | 2.56 | 1.66 | 5.17 | 3.14 | 5.48 |
| EV/EBITDA Ratio | 39.99 | 48.78 | 90.31 | 7.68 | ||
| EV/EBIT Ratio | 9.81 | |||||
| Debt / Equity Ratio | 0.27 | 0.27 | -1.36 | 395.68 | 3.09 | 0.27 |
| Debt / EBITDA Ratio | 20.63 | 11.67 | 37.29 | 1.04 | ||
| Net Debt / Equity Ratio | 0.10 | 0.10 | -1.07 | 348.57 | 2.27 | 0.21 |
| Net Debt / EBITDA Ratio | -0.20 | -0.20 | 16.20 | 10.28 | 27.41 | 0.81 |
| Net Debt / FCF Ratio | -0.05 | -0.05 | -0.70 | -1.12 | -0.27 | -0.25 |
| Asset Turnover | 0.74 | 0.74 | 0.99 | 0.54 | 0.23 | 0.46 |
| Quick Ratio | 0.35 | 0.35 | 1.17 | 0.36 | 0.98 | 0.35 |
| Current Ratio | 0.51 | 0.51 | 1.24 | 0.54 | 1.28 | 2.85 |
| Return on Equity (ROE) | -280.05% | -154.26% | 25.60% | |||
| Return on Assets (ROA) | -28.51% | -28.51% | -17.02% | -9.92% | -6.70% | 15.94% |
| Return on Invested Capital (ROIC) | -67.44% | -79.74% | -39.85% | -21.79% | -13.04% | 23.12% |
| Return on Capital Employed (ROCE) | -65.30% | -65.30% | -132.00% | -30.50% | -30.10% | 17.50% |
| Earnings Yield | -817,332.31% | 446.86% | -135.97% | -17.25% | -443.68% | 6.87% |
| FCF Yield | -121.36% | -2,209.01% | -110.54% | -24.43% | -405.55% | -39.56% |
| Buyback Yield / Dilution | -259.95% | -259.95% | -20.63% | -6.33% | -19.22% | -15.34% |