company background image
MIGI logo

Mawson Infrastructure Group NasdaqCM:MIGI Stock Report

Last Price

US$1.43

Market Cap

US$23.8m

7D

-11.2%

1Y

-55.1%

Updated

27 Mar, 2024

Data

Company Financials +

Mawson Infrastructure Group Inc.

NasdaqCM:MIGI Stock Report

Market Cap: US$23.8m

MIGI Stock Overview

Mawson Infrastructure Group, Inc., a digital infrastructure provider, operates in cryptocurrency mining business in the United States and Australia.

MIGI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Mawson Infrastructure Group Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mawson Infrastructure Group
Historical stock prices
Current Share PriceUS$1.43
52 Week HighUS$4.40
52 Week LowUS$0.43
Beta4.39
1 Month Change-25.52%
3 Month Change-60.28%
1 Year Change-55.10%
3 Year Change-97.65%
5 Year Changen/a
Change since IPO-97.40%

Recent News & Updates

The Market Doesn't Like What It Sees From Mawson Infrastructure Group, Inc.'s (NASDAQ:MIGI) Revenues Yet As Shares Tumble 27%

Jan 31
The Market Doesn't Like What It Sees From Mawson Infrastructure Group, Inc.'s (NASDAQ:MIGI) Revenues Yet As Shares Tumble 27%

Analysts Just Published A Bright New Outlook For Mawson Infrastructure Group, Inc.'s (NASDAQ:MIGI)

Nov 18
Analysts Just Published A Bright New Outlook For Mawson Infrastructure Group, Inc.'s (NASDAQ:MIGI)

Recent updates

The Market Doesn't Like What It Sees From Mawson Infrastructure Group, Inc.'s (NASDAQ:MIGI) Revenues Yet As Shares Tumble 27%

Jan 31
The Market Doesn't Like What It Sees From Mawson Infrastructure Group, Inc.'s (NASDAQ:MIGI) Revenues Yet As Shares Tumble 27%

Analysts Just Published A Bright New Outlook For Mawson Infrastructure Group, Inc.'s (NASDAQ:MIGI)

Nov 18
Analysts Just Published A Bright New Outlook For Mawson Infrastructure Group, Inc.'s (NASDAQ:MIGI)

Mawson Infrastructure Group, Inc.'s (NASDAQ:MIGI) Share Price Boosted 36% But Its Business Prospects Need A Lift Too

Apr 17
Mawson Infrastructure Group, Inc.'s (NASDAQ:MIGI) Share Price Boosted 36% But Its Business Prospects Need A Lift Too

Mawson Infrastructure Group, Inc. (NASDAQ:MIGI) Just Reported And Analysts Have Been Cutting Their Estimates

Nov 17
Mawson Infrastructure Group, Inc. (NASDAQ:MIGI) Just Reported And Analysts Have Been Cutting Their Estimates

Mawson Infrastructure mines 13% more bitcoins in September vs. August

Oct 18

Mawson Infrastructure Previews Growing Hosting Colocation Demand

Sep 08

Mawson Infrastructure Group reports Q2 results

Aug 22

Mawson Infrastructure to raise $6.4M in stock and warrants offering

Jul 18

A Look At The Fair Value Of Mawson Infrastructure Group, Inc. (NASDAQ:MIGI)

Jan 24
A Look At The Fair Value Of Mawson Infrastructure Group, Inc. (NASDAQ:MIGI)

Shareholder Returns

MIGIUS SoftwareUS Market
7D-11.2%0.6%0.6%
1Y-55.1%51.4%29.5%

Return vs Industry: MIGI underperformed the US Software industry which returned 51.4% over the past year.

Return vs Market: MIGI underperformed the US Market which returned 29.5% over the past year.

Price Volatility

Is MIGI's price volatile compared to industry and market?
MIGI volatility
MIGI Average Weekly Movement21.5%
Software Industry Average Movement8.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: MIGI's share price has been volatile over the past 3 months.

Volatility Over Time: MIGI's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
202142Rahul Mewawallahttps://www.mawsoninc.com

Mawson Infrastructure Group, Inc., a digital infrastructure provider, operates in cryptocurrency mining business in the United States and Australia. It owns and operates modular data centers. The company is based in Sharon, Pennsylvania.

Mawson Infrastructure Group Inc. Fundamentals Summary

How do Mawson Infrastructure Group's earnings and revenue compare to its market cap?
MIGI fundamental statistics
Market capUS$23.80m
Earnings (TTM)-US$65.94m
Revenue (TTM)US$46.41m

0.5x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIGI income statement (TTM)
RevenueUS$46.41m
Cost of RevenueUS$26.18m
Gross ProfitUS$20.22m
Other ExpensesUS$86.17m
Earnings-US$65.94m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-3.96
Gross Margin43.58%
Net Profit Margin-142.09%
Debt/Equity Ratio44.4%

How did MIGI perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.