Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Argo Blockchain Plc files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2021
FY2023
FY2023
FY2024
Revenue
98.7
58.6
50.6
47
Gross profit
69.2
11.4
3.1
1.46
Research and development
0.01
Operating income
54.9
-26.7
-19.7
-15.3
Interest expense
2.94
22.7
11.6
6.81
Pre-tax income
50.4
-241
-34.6
-54.8
Income tax
11.3
-11.7
0.34
Net income
39.1
-229
-34.6
-55.1
EBITDA
55.4
-18.2
-18.3
-14.6
EPS, basic
0.10
-0.48
-0.07
-0.09
EPS, diluted
0.10
-0.48
-0.07
-0.09
Balance sheet
FY2021
FY2023
FY2023
FY2024
Cash and equivalents
15.9
20.1
7.44
8.63
Receivables
10.1
0.82
2.48
2.45
Total current assets
210
27.3
14.9
11.7
Property, plant and equipment
151
77
59.7
7.07
Lease right-of-use assets
0.47
0.53
Total assets
388
110
75.9
19.3
Accounts payable
20.6
9.78
11.2
8.18
Total current liabilities
73.8
21.4
27.6
9.44
Lease liabilities
0.5
0.54
Total liabilities
116
85.7
75.8
48.7
Retained earnings
69.8
-157
-192
-247
Shareholders' equity
272
24.6
0.16
-29.5
Total equity
272
24.6
0.16
-29.5
Total liabilities and equity
388
110
75.9
19.3
Cash flow statement
FY2021
FY2023
FY2023
FY2024
Net income
39.1
-229
-34.6
-55.1
Depreciation and amortization
0.51
8.54
1.47
0.74
Cash from operations
-37
-101
-48
-44.8
Capital expenditures
-105
-108
-1.11
Cash from investing
-183
17.3
50.8
55
Debt issued
35.8
Debt repaid
-1.59
-14.1
-26.2
Stock issued
179
7.52
21.9
Cash from financing
233
84.2
-15.8
-9.32
Exchange rate effect
0.16
3.9
0.28
0.28
Free cash flow
-142
-209
-49.1
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $2.34 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
3.1%
Gross profit / revenue.
Operating margin
-32.6%
Operating income / revenue.
EBITDA margin
-31.0%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-116.5%
Pre-tax income / revenue.
Net margin
-117.2%
Net income / revenue.
Operating cash flow margin
-95.3%
Cash from operations / revenue.
Return on assets (ROA)
-115.8%
Net income / average total assets.
D&A / revenue
1.6%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-7.0%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-21.9%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
-53.0%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
-72.4%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y
-18,761.0%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-74.6%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-63.3%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.24x
Current assets / current liabilities.
Quick ratio
1.17x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.91x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-$0.09
Net income per basic share, as reported (split-adjusted).
Valuation
Metric
Value
How it is calculated
Market cap
$31.3M
Share price x shares outstanding.
Enterprise value
$22.6M
Market cap + total debt - cash - short-term investments.
P/S
0.66x
Market cap / revenue.
EV/Sales
0.48x
Enterprise value / revenue.
Earnings yield
-176.3%
Net income / market cap (the inverse of P/E).
What was Argo Blockchain Plc's revenue in fiscal 2024?
Argo Blockchain Plc reported revenue of $47.0M for fiscal 2024, 7% lower than the year before.
Was Argo Blockchain Plc profitable in fiscal 2024?
No. It reported a net loss of $55.1M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.