ARBK Stock Overview
Engages in the bitcoin and other cryptocurrencies mining business worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Argo Blockchain plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.64 |
| 52 Week High | UK£3.33 |
| 52 Week Low | UK£0.52 |
| Beta | 3.54 |
| 1 Month Change | -6.79% |
| 3 Month Change | -44.13% |
| 1 Year Change | -81.64% |
| 3 Year Change | -94.27% |
| 5 Year Change | n/a |
| Change since IPO | -96.16% |
Recent News & Updates
Recent updates
Argo Blockchain mines ~8.5% lower bitcoins in September
Oct 11Argo Blockchain Continues Buildout As Bitcoin Price Tumbles Under $20K
Sep 08Argo Blockchain reports 1H results
Aug 24Argo Blockchain mines 22% higher bitcoins in July
Aug 05Argo Blockchain mines 44% higher bitcoins in June
Jul 07Argo Blockchain Expanding, But Lacks Mindshare In U.S. Market
May 09ARBKL: Argo Blockchain's 9.5% Yielding Baby Bonds Look Interesting
Feb 08Argo Blockchain: Valuation Starting To Make More Sense
Dec 22Shareholder Returns
| ARBK | US Software | US Market | |
|---|---|---|---|
| 7D | 5.3% | -1.1% | -0.2% |
| 1Y | -81.6% | 23.1% | 25.8% |
Return vs Industry: ARBK underperformed the US Software industry which returned 23.1% over the past year.
Return vs Market: ARBK underperformed the US Market which returned 25.8% over the past year.
Price Volatility
| ARBK volatility | |
|---|---|
| ARBK Average Weekly Movement | 15.6% |
| Software Industry Average Movement | 7.9% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 18.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: ARBK's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: ARBK's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 30 | Tom Chippas | www.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
| ARBK fundamental statistics | |
|---|---|
| Market cap | US$38.59m |
| Earnings (TTM) | -US$48.06m |
| Revenue (TTM) | US$52.87m |
0.7x
P/S Ratio-0.8x
P/E RatioIs ARBK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ARBK income statement (TTM) | |
|---|---|
| Revenue | US$52.87m |
| Cost of Revenue | US$35.76m |
| Gross Profit | US$17.11m |
| Other Expenses | US$65.16m |
| Earnings | -US$48.06m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.075 |
| Gross Margin | 32.35% |
| Net Profit Margin | -90.90% |
| Debt/Equity Ratio | -201.5% |
How did ARBK perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 03:24 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
| Analyst | Institution |
|---|---|
| Ramsey El-Assal | Barclays |
| Joseph Vafi | Canaccord Genuity |
| William Chase White | Compass Point Research & Trading, LLC |