Argo Blockchain Past Earnings Performance
Past criteria checks 0/6
Argo Blockchain's earnings have been declining at an average annual rate of -50.1%, while the Software industry saw earnings growing at 13.3% annually. Revenues have been growing at an average rate of 14.3% per year.
Key information
-50.1%
Earnings growth rate
-48.6%
EPS growth rate
| Software Industry Growth | 19.9% |
| Revenue growth rate | 14.3% |
| Return on equity | n/a |
| Net Margin | -90.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Argo Blockchain makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 53 | -48 | 19 | 0 |
| 30 Jun 24 | 56 | -49 | 21 | 0 |
| 31 Mar 24 | 56 | -29 | 22 | 0 |
| 31 Dec 23 | 51 | -35 | 22 | 0 |
| 30 Sep 23 | 44 | -206 | 18 | 0 |
| 30 Jun 23 | 48 | -208 | 29 | 0 |
| 31 Mar 23 | 50 | -240 | 34 | 0 |
| 31 Dec 22 | 59 | -229 | 35 | 0 |
| 30 Sep 22 | 74 | -46 | 33 | 0 |
| 30 Jun 22 | 87 | -11 | 23 | 0 |
| 31 Mar 22 | 99 | 17 | 17 | 0 |
| 31 Dec 21 | 100 | 42 | 13 | 0 |
| 30 Sep 21 | 73 | 29 | 10 | 0 |
| 30 Jun 21 | 54 | 11 | 7 | 0 |
| 31 Mar 21 | 37 | 28 | 4 | 0 |
| 31 Dec 20 | 26 | 2 | 3 | 0 |
| 30 Sep 20 | 23 | -2 | 3 | 0 |
| 30 Jun 20 | 21 | -2 | 4 | 0 |
| 31 Mar 20 | 16 | -1 | 4 | 0 |
| 31 Dec 19 | 11 | -1 | 5 | 0 |
| 30 Jun 19 | 5 | -2 | 3 | 0 |
| 31 Mar 19 | 3 | -4 | 3 | 0 |
| 31 Dec 18 | 1 | -5 | 3 | 0 |
Quality Earnings: ARBL is currently unprofitable.
Growing Profit Margin: ARBL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ARBL is unprofitable, and losses have increased over the past 5 years at a rate of 50.1% per year.
Accelerating Growth: Unable to compare ARBL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ARBL is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18%).
Return on Equity
High ROE: ARBL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.