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MARKETS / NASDAQ / ARBK
NASDAQ · FINANCE SERVICES · SMALL CAP

Argo Blockchain PLC ARBK

5 fiscal years on record · USD · FY2024 reported · SEC filings only
$47.0M
▼ 7.0% YoY
$-55.1M
In brief

What this company does

As of December 31, 2025, the company had a fleet of approximately 22,600 machines mining Bitcoin that can generate up to 2.4 exahash per second of computing power. Argo continues to own and operate its data center in Baie Comeau, Quebec, a site over 40,000 square feet with 15 MW of 99% renewable power capacity sourced from the nearby Baie Comeau hydroelectric dam. In 2025, the Company completed a comprehensive restructuring which materially repositioned its balance sheet, including equitizing its unsecured bonds to significantly reduce debt. As of December 31 of the years ended 2025, 2024 and 2023, the company had 13, 22, and 32 employees, respectively, not inclusive of non-executive directors, and none were covered by collective bargaining agreements or represented by labor unions.

Written from the business description in Argo Blockchain plc's annual report to the U.S. Securities and Exchange Commission, filed 30 April 2026. Every sentence was checked against that document before publication.

Growth
USD 47.0M
Revenue, FY2024 · full 5-year series below
Revenue $M Net income $M
FY2024 · Revenue 47.0 · Net income -55.1
40M80M-80M-160M20202021202220232024
Compound annual growth
−21.9%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−117 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -32.6% · Net -117.2%
20%40%-100%-200%-300%20202021202220232024
ROE
FY2023 · ROE -280.1%
-100%-200%20202021202220232024

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2023 · FCF -49.1
-80M-160M20202021202220232024

Total assetsUSD 19.3M
EquityUSD -29.5M
CashUSD 8.6M
Current ratio1.24×

Equity funds -153% of total assets.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20242023202220212020
Revenue $B0.00.10.10.1·
Operating income $B−0.0−0.0−0.00.1·
EBITDA $B−0.0−0.0−0.00.10.0
Income tax $B0.0·−0.00.0·
Net income $B−0.1−0.0−0.20.0·
Free cash flow $B·−0.0−0.2−0.10.0
EPS, diluted $−0.09−0.07−0.480.10·
Dividend / sh $·····
Payout %·····
ROE %·−280.1−154.3·5.9

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 3 failures · 3 divergences in 23 reconciliationsAUDITED

Reconciled in 2 of 19 fiscal years. 3 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 72 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente3 failures3 divergent
ActivityFinance Services
Listed onNASDAQ
Incorporated inoutside the United States — SEC code X0
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

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