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 Growth19.9%
Revenue growth rate14.3%
Return on equityn/a
Net Margin-90.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Argo Blockchain plc (LON:ARB) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough

Nov 29
Argo Blockchain plc (LON:ARB) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough

Even With A 26% Surge, Cautious Investors Are Not Rewarding Argo Blockchain plc's (LON:ARB) Performance Completely

Jul 18
Even With A 26% Surge, Cautious Investors Are Not Rewarding Argo Blockchain plc's (LON:ARB) Performance Completely

Here's Why Argo Blockchain (LON:ARB) Can Afford Some Debt

Jun 22
Here's Why Argo Blockchain (LON:ARB) Can Afford Some Debt

It's Down 26% But Argo Blockchain plc (LON:ARB) Could Be Riskier Than It Looks

Mar 27
It's Down 26% But Argo Blockchain plc (LON:ARB) Could Be Riskier Than It Looks

Not Many Are Piling Into Argo Blockchain plc (LON:ARB) Stock Yet As It Plummets 44%

Feb 01
Not Many Are Piling Into Argo Blockchain plc (LON:ARB) Stock Yet As It Plummets 44%

A Piece Of The Puzzle Missing From Argo Blockchain plc's (LON:ARB) 74% Share Price Climb

Dec 18
A Piece Of The Puzzle Missing From Argo Blockchain plc's (LON:ARB) 74% Share Price Climb

Argo Blockchain (LON:ARB) Is Looking To Continue Growing Its Returns On Capital

Aug 11
Argo Blockchain (LON:ARB) Is Looking To Continue Growing Its Returns On Capital

Why We're Not Concerned Yet About Argo Blockchain plc's (LON:ARB) 27% Share Price Plunge

May 21
Why We're Not Concerned Yet About Argo Blockchain plc's (LON:ARB) 27% Share Price Plunge

Is Now The Time To Put Argo Blockchain (LON:ARB) On Your Watchlist?

May 10
Is Now The Time To Put Argo Blockchain (LON:ARB) On Your Watchlist?

Investors Will Want Argo Blockchain's (LON:ARB) Growth In ROCE To Persist

Mar 28
Investors Will Want Argo Blockchain's (LON:ARB) Growth In ROCE To Persist

Does Argo Blockchain (LON:ARB) Have A Healthy Balance Sheet?

Mar 01
Does Argo Blockchain (LON:ARB) Have A Healthy Balance Sheet?

Argo Blockchain (LON:ARB) Is Looking To Continue Growing Its Returns On Capital

Dec 07
Argo Blockchain (LON:ARB) Is Looking To Continue Growing Its Returns On Capital

Is Argo Blockchain (LON:ARB) Using Too Much Debt?

Nov 10
Is Argo Blockchain (LON:ARB) Using Too Much Debt?

Revenue & Expenses Breakdown

How Argo Blockchain makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

LSE:ARB Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2453-48190
30 Jun 2456-49210
31 Mar 2456-29220
31 Dec 2351-35220
30 Sep 2344-206180
30 Jun 2348-208290
31 Mar 2350-240340
31 Dec 2259-229350
30 Sep 2274-46330
30 Jun 2287-11230
31 Mar 229917170
31 Dec 2110042130
30 Sep 217329100
30 Jun 21541170
31 Mar 21372840
31 Dec 2026230
30 Sep 2023-230
30 Jun 2021-240
31 Mar 2016-140
31 Dec 1911-150
30 Jun 195-230
31 Mar 193-430
31 Dec 181-530

Quality Earnings: ARB is currently unprofitable.

Growing Profit Margin: ARB is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ARB is unprofitable, and losses have increased over the past 5 years at a rate of 50.1% per year.

Accelerating Growth: Unable to compare ARB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ARB is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18%).


Return on Equity

High ROE: ARB's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 03:38
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Argo Blockchain plc is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ramsey El-AssalBarclays
Joseph VafiCanaccord Genuity
William Chase WhiteCompass Point Research & Trading, LLC