Argo Blockchain plc(ARBK)Earnings, Financials & Key Ratios
ARBK•NASDAQ•Banking & Credit
$3.79
$1M mkt cap·Price updated May 6, 2026
AboutArgo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for 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 was incorporated in 2017 and is headquartered in London, the United Kingdom.Show more
- Net Interest Income-$7M+41.1%
- Total Revenue$49M-15.9%
- Net Income-$55M-59.1%
- Net Interest Margin-35.36%-132.4%
- Efficiency Ratio34.59%-12.6%
- ROA-115.76%-211.1%
- Equity / Assets-153.11%-73687.4%
- Book Value per Share-103.19-15336.5%
- Tangible BV/Share-103.81-3217.5%
ARBK Key Insights
Argo Blockchain plc (ARBK) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Efficient operations: 34.6% efficiency ratio
- ✓Momentum leader: RS Rating 98 (top 2%)
- ✓Diversified revenue: 100.0% from non-interest income
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Weak NIM of -35.4%
- ✗Thin capital base
- ✗Shares diluted 22.5% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
ARBK Price & Volume
Argo Blockchain plc (ARBK) stock price & volume — 10-year historical chart
Loading chart...
ARBK Growth Metrics
Argo Blockchain plc (ARBK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years33.84%
3 Years-21.09%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-244.05%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-151.32%
Return on Capital
10 Years-10.47%
5 Years-11.39%
3 Years-31.57%
Last Year-52.69%
ARBK Peer Comparison
Argo Blockchain plc (ARBK) competitors in Bitcoin Mining and Data Centers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 MARA | 4.95B | 13.03 | -3.53 | 38.2% | -30.54% | 1.05 | ||
 RIOT | 8.98B | 23.68 | -12.14 | 71.89% | -28.78% | 0.10 | ||
 CLSK | 3.71B | 14.50 | 12.95 | 102.21% | -33.25% | -13.75% | 0.38 | |
 CIFR | 8.89B | 21.91 | -10.19 | 48.04% | -115.53% | 3.31 | ||
 HUT | 12.08B | 108.94 | -50.91 | -90.71% | -17.66% | 0.25 | ||
 BTDR | 2.84B | 15.10 | -10.56 | 77.33% | 10.58% | 7.56% | 1.27 | |
 CORZ | 7.77B | 24.63 | -27.99 | -37.53% | -342.93% | |||
 BTBT | 621.7M | 1.93 | 9.65 | 264.59% | 21.41% | 0.03 |
Compare ARBK vs Peers
Argo Blockchain plc (ARBK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ARBK Income Statement
Argo Blockchain plc (ARBK) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 0 | -46.2K | -212.07K | -2.94M | -22.66M | -11.56M | -6.81M | -10.34M |
| NII Growth % | - | - | -359.02% | -1283.97% | -672.1% | 49% | 41.07% | 29.66% |
| Net Interest Margin % | 0% | -0.14% | -0.48% | -0.76% | -20.56% | -15.22% | -35.36% | -113.88% |
| Interest Income | 35.96K | 7.37K | 1.89K | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 53.56K | 213.96K | 2.94M | 22.66M | 11.56M | 6.81M | 10.34M |
| Loan Loss Provision | 828.84K | 7.67M | 20.28M | 26.59M | 24.57M | 43.06M | 40.25M | 54.33M |
| Non-Interest Income | 728.6K | 11.29M | 25.83M | 98.75M | 58.58M | 57.72M | 48.52M | 63.7M |
| Non-Interest Income % | 95.3% | 99.93% | 99.99% | 100% | 100% | 100% | 100% | 100% |
| Total Revenue | 764.56K▲ 0% | 11.3M▲ 1377.7% | 25.84M▲ 128.7% | 98.75M▲ 282.2% | 58.58M▼ 40.7% | 57.72M▼ 1.5% | 48.52M▼ 15.9% | 63.7M▲ 0% |
| Revenue Growth % | - | 1377.73% | 128.67% | 282.22% | -40.67% | -1.47% | -15.95% | 177.83% |
| Non-Interest Expense | 3.28M | 4.66M | 3.16M | 14.32M | 38.06M | 22.84M | 16.78M | 24.03M |
| Efficiency Ratio | 428.5% | 41.28% | 12.25% | 14.5% | 64.96% | 39.57% | 34.59% | 37.73% |
| Operating Income | -3.34M▲ 0% | -1.09M▲ 67.3% | 2.18M▲ 299.3% | 54.9M▲ 2419.4% | -26.7M▼ 148.6% | -19.74M▲ 26.1% | -15.32M▲ 22.4% | -25M▲ 0% |
| Operating Margin % | -436.9% | -9.68% | 8.43% | 55.6% | -45.58% | -34.2% | -31.59% | -39.25% |
| Operating Income Growth % | - | 67.27% | 299.32% | 2419.42% | -148.63% | 26.07% | 22.37% | - |
| Pretax Income | -4.12M▲ 0% | -1.14M▲ 72.3% | 1.97M▲ 272.5% | 50.39M▲ 2464.3% | -240.69M▼ 577.6% | -34.64M▲ 85.6% | -54.76M▼ 58.1% | -69.5M▲ 0% |
| Pretax Margin % | -538.52% | -10.09% | 7.61% | 51.03% | -410.86% | -60.01% | -112.88% | -109.1% |
| Income Tax | 2 | 0 | 0 | 11.32M | -11.73M | 0 | 340K | -75.54K |
| Effective Tax Rate % | -0% | 0% | 0% | 22.46% | 4.87% | 0% | -0.62% | 0.11% |
| Net Income | -4.12M▲ 0% | -1.14M▲ 72.3% | 1.97M▲ 272.5% | 39.07M▲ 1888.3% | -228.96M▼ 686.0% | -34.64M▲ 84.9% | -55.1M▼ 59.1% | -69.42M▲ 0% |
| Net Margin % | -538.52% | -10.09% | 7.61% | 39.57% | -390.83% | -60.01% | -113.58% | -108.98% |
| Net Income Growth % | - | 72.32% | 272.47% | 1888.3% | -685.97% | 84.87% | -59.08% | -244.05% |
| Net Income (Continuing) | -4.12M | -1.14M | 1.97M | 39.07M | -228.96M | -34.64M | -55.1M | -69.42M |
| EPS (Diluted) | -30.24▲ 0% | -14.26▲ 52.8% | 8.86▲ 162.1% | 216.00▲ 2337.9% | -885.60▼ 510.0% | -189.75▲ 78.6% | -192.89▼ 1.7% | -208.92▲ 0% |
| EPS Growth % | - | 52.84% | 162.13% | 2337.92% | -510% | 78.57% | -1.65% | -151.32% |
| EPS (Basic) | -30.24 | -14.26 | 9.94 | 216.00 | -885.60 | -189.75 | -192.89 | - |
| Diluted Shares Outstanding | 136K | 136K | 159.56K | 192.22K | 219.41K | 233.29K | 285.73K | 332.29K |
ARBK Balance Sheet
Argo Blockchain plc (ARBK) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 20.8M | 1.58M | 9.12M | 124.88M | 20.54M | 7.83M | 8.63M | 17.16M |
| Cash & Due from Banks | 20.8M | 211.55K | 2.8M | 15.92M | 20.09M | 7.44M | 8.63M | 1.65M |
| Short Term Investments | 2.64K | 1.36M | 6.32M | 108.96M | 443K | 385K | 6K | 193K |
| Total Investments | 2.64K | 1.84M | 1.9M | 19.18M | 3.28M | 400K | 300K | 493K |
| Investments Growth % | - | 69599.62% | 3.1% | 910.58% | -82.92% | -87.79% | -25% | -88.18% |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 530K |
| Accounts Receivables | 0 | 0 | 0 | 10.07M | 823K | 1.13M | 140K | 410K |
| Goodwill & Intangibles | 786.09K | 631.9K | 501.52K | 0 | 0 | 888K | 176K | 102K |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 112K | 35K | 35K |
| Intangible Assets | 786.09K | 631.9K | 501.52K | 0 | 0 | 776K | 141K | 67K |
| PP&E (Net) | 3.12M | 20.19M | 24.4M | 151.04M | 77.52M | 59.73M | 7.07M | 3.66M |
| Other Assets | 0 | 7.28M | 7.51M | 19.18M | 3.28M | 399K | 300K | -999 |
| Total Current Assets | 23.56M | 4.31M | 12.08M | 210.36M | 27.34M | 14.92M | 11.71M | 5.02M |
| Total Non-Current Assets | 3.9M | 28.11M | 32.41M | 177.79M | 82.9M | 61.02M | 7.55M | 4.06M |
| Total Assets | 27.47M▲ 0% | 32.42M▲ 18.0% | 44.49M▲ 37.2% | 388.15M▲ 772.5% | 110.23M▼ 71.6% | 75.94M▼ 31.1% | 19.26M▼ 74.6% | 9.08M▲ 0% |
| Asset Growth % | - | 18.02% | 37.23% | 772.5% | -71.6% | -31.11% | -74.64% | -209.88% |
| Return on Assets (ROA) | -14.99% | -3.81% | 5.11% | 18.06% | -91.88% | -37.21% | -115.76% | -764.74% |
| Accounts Payable | 0 | 3.23M | 746.83K | 20.57M | 9.78M | 11.18M | 1.66M | 1.65M |
| Total Debt | 0 | 1.42M | 10.22M | 72.94M | 75.88M | 62.52M | 40.16M | 40.26M |
| Net Debt | -20.8M | 1.21M | 7.42M | 57.02M | 55.78M | 55.07M | 31.54M | 38.6M |
| Long-Term Debt | 0 | 0 | 0 | 40.88M | 63.73M | 48.2M | 39.3M | 39.82M |
| Short-Term Debt | 0 | 1.42M | 158.09K | 31.56M | 11.61M | 14.32M | 857K | 439K |
| Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K |
| Total Current Liabilities | 277.34K | 5.23M | 6M | 73.77M | 21.39M | 27.59M | 9.44M | 6.73M |
| Total Non-Current Liabilities | 0 | 0 | 5.33M | 42.11M | 64.27M | 48.2M | 39.3M | 39.82M |
| Total Liabilities | 277.34K | 5.23M | 11.33M | 115.88M | 85.66M | 75.78M | 48.74M | 46.55M |
| Total Equity | 27.19M▲ 0% | 27.19M▼ 0.0% | 33.15M▲ 21.9% | 272.27M▲ 721.2% | 24.58M▼ 91.0% | 158K▼ 99.4% | -29.48M▼ 18761.4% | -37.47M▲ 0% |
| Equity Growth % | - | -0% | 21.93% | 721.25% | -90.97% | -99.36% | -18761.39% | -19669.52% |
| Equity / Assets (Capital Ratio) | 98.99% | 83.87% | 74.52% | 70.15% | 22.3% | 0.21% | -153.11% | -412.78% |
| Return on Equity (ROE) | -15.14% | -4.19% | 6.51% | 25.59% | -154.26% | -280.05% | - | 259.51% |
| Book Value per Share | 199.94 | 199.94 | 207.79 | 1416.45 | 112.02 | 0.68 | -103.19 | -112.77 |
| Tangible BV per Share | 194.16 | 195.29 | 204.64 | 1416.45 | 112.02 | -3.13 | -103.81 | -113.08 |
| Common Stock | 372.74K | 385.15K | 412.94K | 622K | 634K | 712K | 938K | 945K |
| Additional Paid-in Capital | 32.04M | 33.11M | 2.1M | 196.91M | 202.1M | 209.78M | 232.26M | 233.04M |
| Retained Earnings | -5.22M | -6.54M | 29.93M | 69.76M | -157.34M | -191.97M | -247.08M | -255.2M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ARBK Cash Flow Statement
Argo Blockchain plc (ARBK) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -5.2M | -754.34K | 3.43M | -37.02M | -101.24M | -47.96M | -44.8M | -44.8M |
| Operating CF Growth % | - | 85.5% | 555.27% | -1177.91% | -173.47% | 52.63% | 6.59% | -3602.32% |
| Net Income | -4.12M | -1.09M | 1.97M | 50.39M | -240.69M | -34.64M | -54.76M | -69.42M |
| Depreciation & Amortization | 487.7K | 2.91M | 8.21M | 15.32M | 29M | 20.13M | 14.91M | 19.29M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 3.55M | 180.14K | -2.52M | -103.53M | 136.08M | -37.23M | -7.15M | -8.38M |
| Working Capital Changes | -1.96M | -2.75M | -4.68M | -1.78M | -31.73M | -111K | -1.55M | -3.56M |
| Cash from Investing | -3.89M | -21.94M | -1.44M | -183.07M | 17.32M | 50.8M | 55.07M | 60.47M |
| Purchase of Investments | -329.09K | -486.01K | 0 | -293K | 0 | 0 | -1M | 0 |
| Sale/Maturity of Investments | 0 | 0 | 0 | 1000K | 0 | 50K | 1000K | 0 |
| Net Investment Activity | -329.09K | -486.01K | 0 | 707K | 0 | 50K | -1 | 0 |
| Acquisitions | 0 | 0 | 0 | -10.67M | -1.68M | 0 | 0 | 2M |
| Other Investing | 0 | -1.76M | 1.03M | -4.92M | 127.05M | 51.87M | 48.81M | 52.17M |
| Cash from Financing | 25.49M | 1.42M | 579.2K | 233.06M | 84.18M | -15.78M | -9.32M | -7.96M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Issued | 25.49M | 0 | 2.11M | 179.23M | 0 | 7.52M | 21.86M | 30.18M |
| Net Stock Activity | 25.49M | 0 | 2.11M | 179.23M | 0 | 7.52M | 21.86M | 30.18M |
| Debt Issuance (Net) | 0 | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | -3.2M |
| Other Financing | 0 | 0 | -213.96K | -9.98M | -22.75M | -10.66M | -4.96M | -6.24M |
| Net Change in Cash | 16.39M▲ 0% | -21.28M▼ 229.8% | 2.58M▲ 112.1% | 13.14M▲ 410.1% | 4.17M▼ 68.3% | -12.65M▼ 403.4% | 1.18M▲ 109.4% | -22.26M▲ 0% |
| Exchange Rate Effect | 0 | 1 | 0 | 161K | 1000K | 281K | 238K | -1.31M |
| Cash at Beginning | 0 | 21.49M | 219.41K | 2.79M | 15.92M | 20.09M | 7.44M | 20.09M |
| Cash at End | 16.39M | 211.55K | 2.8M | 15.92M | 20.09M | 7.44M | 8.63M | 1.65M |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -8.77M▲ 0% | -20.46M▼ 133.3% | 970.33K▲ 104.7% | -225.2M▼ 23308.4% | -209.28M▲ 7.1% | -49.07M▲ 76.6% | -44.8M▲ 8.7% | -59.31M▲ 0% |
| FCF Growth % | - | -133.31% | 104.74% | -23308.37% | 7.07% | 76.55% | 8.7% | -3317.12% |
ARBK Banking Ratios
Argo Blockchain plc (ARBK) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -4.19% | 6.51% | 25.59% | -154.26% | -280.05% | - | 259.51% |
| Return on Assets (ROA) | -3.81% | 5.11% | 18.06% | -91.88% | -37.21% | -115.76% | -764.74% |
| Net Interest Margin | -0.14% | -0.48% | -0.76% | -20.56% | -15.22% | -35.36% | -113.88% |
| Efficiency Ratio | 41.28% | 12.25% | 14.5% | 64.96% | 39.57% | 34.59% | 37.73% |
| Equity / Assets | 83.87% | 74.52% | 70.15% | 22.3% | 0.21% | -153.11% | -412.78% |
| Book Value / Share | 199.94 | 207.79 | 1.42K | 112.02 | 0.68 | -103.19 | -112.77 |
| NII Growth | - | -359.02% | -1283.97% | -672.1% | 49% | 41.07% | 4.32% |
| Dividend Payout | - | - | - | - | - | - | 0% |
ARBK Frequently Asked Questions
Argo Blockchain plc (ARBK) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Argo Blockchain plc (ARBK) saw revenue decline by 15.9% over the past year.
Argo Blockchain plc (ARBK) reported a net loss of $69.4M for fiscal year 2024.
Industry Metrics
Argo Blockchain plc (ARBK) has a net interest margin (NIM) of -35.4%. NIM has been under pressure due to interest rate environment.
Argo Blockchain plc (ARBK) has an efficiency ratio of 34.6%. This is excellent, indicating strong cost control.
Explore More ARBK
Argo Blockchain plc (ARBK) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates