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Argo Blockchain LSE:ARB Stock Report

Last Price

UK£0.048

Market Cap

UK£30.4m

7D

-20.8%

1Y

-75.5%

Updated

23 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Argo Blockchain plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Argo Blockchain
Historical stock prices
Current Share PriceUK£0.048
52 Week HighUK£0.36
52 Week LowUK£0.043
Beta3.47
1 Month Change-44.12%
3 Month Change-47.80%
1 Year Change-75.52%
3 Year Change-95.30%
5 Year Change-16.67%
Change since IPO-62.00%

Recent News & 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

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?

Shareholder Returns

ARBGB SoftwareGB Market
7D-20.8%-1.2%-1.9%
1Y-75.5%4.7%2.6%

Return vs Industry: ARB underperformed the UK Software industry which returned 4.7% over the past year.

Return vs Market: ARB underperformed the UK Market which returned 2.6% over the past year.

Price Volatility

Is ARB's price volatile compared to industry and market?
ARB volatility
ARB Average Weekly Movement18.2%
Software Industry Average Movement5.5%
Market Average Movement4.8%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.6%

Stable Share Price: ARB's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: ARB's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
201730Tom Chippaswww.argoblockchain.com

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017.

Argo Blockchain plc Fundamentals Summary

How do Argo Blockchain's earnings and revenue compare to its market cap?
ARB fundamental statistics
Market capUK£30.42m
Earnings (TTM)-UK£38.36m
Revenue (TTM)UK£42.20m

0.7x

P/S Ratio

-0.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARB income statement (TTM)
RevenueUS$52.87m
Cost of RevenueUS$35.76m
Gross ProfitUS$17.11m
Other ExpensesUS$65.16m
Earnings-US$48.06m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.075
Gross Margin32.35%
Net Profit Margin-90.90%
Debt/Equity Ratio-201.5%

How did ARB perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 14:43
End of Day Share Price 2024/12/23 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