Financials Argo Blockchain plc

Equities

ARB

GB00BZ15CS02

Blockchain & Cryptocurrency

Market Closed - London S.E. 11:35:19 2024-04-26 am EDT 5-day change 1st Jan Change
12 GBX +7.14% Intraday chart for Argo Blockchain plc 0.00% -58.62%

Valuation

Fiscal Period: December 2018 2020 2021 2022 2023 2024 2025
Capitalization 1 11.38 101.6 457.8 30.1 69.31 69.31 -
Enterprise Value (EV) 1 11.38 99.56 499.7 30.1 155.7 69.31 69.31
P/E ratio -1.76 x 66 x 13.2 x -0.15 x -2.33 x -5 x -15 x
Yield - - - - - - -
Capitalization / Revenue 14.9 x 5.36 x 6.17 x 0.64 x 3.85 x 1.64 x 1.16 x
EV / Revenue 14.9 x 5.36 x 6.17 x 0.64 x 3.85 x 1.64 x 1.16 x
EV / EBITDA - 13.3 x 8.43 x 30.7 x 23.3 x 4.46 x 3.49 x
EV / FCF - 183 x -4.01 x -0.37 x -19.5 x -4.11 x -1.2 x
FCF Yield - 0.55% -24.9% -272% -5.13% -24.3% -83.5%
Price to Book - 3.99 x 2.27 x - - - -
Nbr of stocks (in thousands) 293,750 307,905 468,082 477,825 577,616 577,616 -
Reference price 2 0.0388 0.3300 0.9780 0.0630 0.1200 0.1200 0.1200
Announcement Date 4/17/19 4/29/21 4/28/22 4/28/23 4/25/24 - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 0.7646 - 18.96 74.2 47.36 40.46 42.26 59.99
EBITDA 1 - - 7.625 54.33 0.979 6.676 15.55 19.87
EBIT 1 - - 1.599 42.82 65.23 -15.53 -26.41 -0.5132
Operating Margin - - 8.43% 57.71% 137.72% -38.37% -62.5% -0.86%
Earnings before Tax (EBT) 1 - - 1.442 39.27 -194.6 -28.04 -33.8 -6.298
Net income 1 - -0.869 1.442 30.76 -194.2 -28.04 -14.04 -14.14
Net margin - - 7.61% 41.46% -410.09% -69.29% -33.23% -23.58%
EPS 2 -0.0220 - 0.005000 0.0740 -0.4098 -0.0515 -0.0240 -0.008000
Free Cash Flow 1 - - 0.5541 -114.1 -81.93 -3.559 -16.85 -57.9
FCF margin - - 2.92% -153.82% -172.98% -8.63% -39.87% -96.51%
FCF Conversion (EBITDA) - - 7.27% - - - - -
FCF Conversion (Net income) - - 38.42% - - - - -
Dividend per Share - - - - - - - -
Announcement Date 4/17/19 4/29/20 4/29/21 4/28/22 4/28/23 4/25/24 - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 Q1 2022 Q2 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3
Net sales 1 31.09 19.29 23.83 43.12 15.73 11 9.21 9.953 8.486 13.74 13.61 10.88 8.964
EBITDA 1 - 20.97 15.62 38.35 14.52 5.411 1.276 0.5857 2.494 4.473 7.734 3.669 4.046
EBIT 1 11.11 19.18 12.53 31.71 1.47 4.199 -4.346 -5.051 -5.667 -2.143 2.638 -1.426 -1.049
Operating Margin 35.74% 99.46% 52.57% 73.55% 9.34% 38.16% -47.18% -50.75% -66.78% -15.6% 19.39% -13.11% -11.7%
Earnings before Tax (EBT) 1 10.7 18.23 10.34 - 1.571 -38.37 -7.013 -7.809 -8.071 -4.242 0.6891 -3.284 -2.815
Net income 1 7.214 12.88 10.67 - 1.666 -32.08 -7.013 -5.97 -8.071 -3.574 0.6891 -3.284 -2.815
Net margin 23.21% 66.76% 44.79% - 10.59% -291.5% -76.15% -59.98% -95.1% -26.02% 5.06% -30.17% -31.41%
EPS 2 0.0180 0.0300 0.0330 - 0.003000 -0.0650 -0.0145 -0.009510 -0.0163 -0.008000 - -0.008000 -0.008000
Dividend per Share - - - - - - - - - - - - -
Announcement Date 8/9/21 11/1/21 4/28/22 4/28/22 5/18/22 8/24/22 6/6/23 8/29/23 11/14/23 - - - -
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - 41.9 - - - -
Net Cash position - - 2.05 - - - - -
Leverage (Debt/EBITDA) - - - 0.7711 x - - - -
Free Cash Flow 1 - - 0.55 -114 -81.9 -3.56 -16.8 -57.9
ROE (net income / shareholders' equity) - - 6.4% 15.2% - - - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - 0.0800 0.4300 - - - -
Cash Flow per Share - - - - - - - -
Capex 1 - - 1.81 79 87.4 4.19 22.1 65.2
Capex / Sales - - 9.54% 106.43% 184.43% 10.15% 52.24% 108.61%
Announcement Date 4/17/19 4/29/20 4/29/21 4/28/22 4/28/23 4/25/24 - -
1GBP in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
0.12 GBP
Average target price
0.119 GBP
Spread / Average Target
-0.83%
Consensus
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