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MIGI

Mawson Infrastructure GroupNasdaqCM:MIGI Stock Report

Last Price

US$4.99

Market Cap

US$344.3m

7D

-3.7%

1Y

n/a

Updated

19 Jan, 2022

Data

Company Financials +
MIGI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends0/6

MIGI Stock Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Mawson Infrastructure Group
Historical stock prices
Current Share PriceUS$4.99
52 Week HighUS$17.25
52 Week LowUS$2.00
Beta0
1 Month Change-31.27%
3 Month Change-47.75%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-45.58%

Recent News & Updates

Shareholder Returns

MIGIUS SoftwareUS Market
7D-3.7%-5.9%-4.6%
1Yn/a10.2%7.7%

Return vs Industry: Insufficient data to determine how MIGI performed against the US Software industry.

Return vs Market: Insufficient data to determine how MIGI performed against the US Market.

Price Volatility

Is MIGI's price volatile compared to industry and market?
MIGI volatility
MIGI Average Weekly Movement16.5%
Software Industry Average Movement8.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: MIGI is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: MIGI's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a7James Manninghttps://www.mawsoninc.com

Mawson Infrastructure Group Inc., a digital infrastructure provider, operates in cryptocurrency mining and digital asset infrastructure activities in the United States and Australia. It owns and operates modular data centers. The company matches energy infrastructure with mobile data center solutions enabling the proliferation of blockchain technology.

Mawson Infrastructure Group Fundamentals Summary

How do Mawson Infrastructure Group's earnings and revenue compare to its market cap?
MIGI fundamental statistics
Market CapUS$344.32m
Earnings (TTM)-US$46.17m
Revenue (TTM)US$25.81m

13.3x

P/S Ratio

-7.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MIGI income statement (TTM)
RevenueUS$25.81m
Cost of RevenueUS$7.16m
Gross ProfitUS$18.64m
ExpensesUS$64.81m
Earnings-US$46.17m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.67
Gross Margin72.24%
Net Profit Margin-178.89%
Debt/Equity Ratio0.4%

How did MIGI perform over the long term?

See historical performance and comparison

Valuation

Is Mawson Infrastructure Group undervalued compared to its fair value and its price relative to the market?

3.09x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MIGI ($4.99) is trading above our estimate of fair value ($3.96)

Significantly Below Fair Value: MIGI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MIGI is unprofitable, so we can't compare its PE Ratio to the US Software industry average.

PE vs Market: MIGI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MIGI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MIGI is good value based on its PB Ratio (3.1x) compared to the US Software industry average (4.8x).


Future Growth

How is Mawson Infrastructure Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

197.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MIGI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: MIGI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MIGI's is expected to become profitable in the next 3 years.

Revenue vs Market: MIGI's revenue (139.4% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: MIGI's revenue (139.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MIGI's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Mawson Infrastructure Group performed over the past 5 years?

-964.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: MIGI is currently unprofitable.

Growing Profit Margin: MIGI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if MIGI's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: MIGI is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (20%).


Return on Equity

High ROE: MIGI has a negative Return on Equity (-42.28%), as it is currently unprofitable.


Financial Health

How is Mawson Infrastructure Group's financial position?


Financial Position Analysis

Short Term Liabilities: MIGI's short term assets ($52.1M) exceed its short term liabilities ($6.9M).

Long Term Liabilities: MIGI's short term assets ($52.1M) exceed its long term liabilities ($14.1K).


Debt to Equity History and Analysis

Debt Level: MIGI has more cash than its total debt.

Reducing Debt: Insufficient data to determine if MIGI's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MIGI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MIGI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Mawson Infrastructure Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MIGI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MIGI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MIGI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MIGI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MIGI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.5yrs

Average management tenure


CEO

James Manning (37 yo)

2.92yrs

Tenure

US$197,574

Compensation

Mr. James Edward Manning co-founded Joe Public Limited and serves as its Chairman. Mr. Manning is the Founder of Mawson Infrastructure Group, Inc. since February 2019 and serves as Chief Executive Officer,...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD197.57K) is below average for companies of similar size in the US market ($USD1.68M).

Compensation vs Earnings: James's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: MIGI's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: MIGI's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: MIGI only recently listed within the past 12 months.


Top Shareholders

Company Information

Mawson Infrastructure Group, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Mawson Infrastructure Group, Inc.
  • Ticker: MIGI
  • Exchange: NasdaqCM
  • Founded: NaN
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: US$344.315m
  • Shares outstanding: 69.00m
  • Website: https://www.mawsoninc.com

Number of Employees


Location

  • Mawson Infrastructure Group, Inc.
  • 97 Pacific Highway
  • Level 5
  • North Sydney
  • New South Wales
  • 2060
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:53
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.