Financials Argo Blockchain plc

Equities

ARB

GB00BZ15CS02

Blockchain & Cryptocurrency

Market Closed - London S.E. 09:05:12 02/05/2024 pm IST 5-day change 1st Jan Change
11 GBX +1.85% Intraday chart for Argo Blockchain plc -8.33% -62.07%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 101.6 457.8 30.1 155.7 63.54 - -
Enterprise Value (EV) 1 99.56 499.7 30.1 155.7 63.54 63.54 63.54
P/E ratio 66 x 13.2 x -0.15 x - -6.88 x -13.8 x -
Yield - - - - - - -
Capitalization / Revenue 5.36 x 6.17 x 0.64 x 3.85 x 1.5 x 1.06 x 0.49 x
EV / Revenue 5.36 x 6.17 x 0.64 x 3.85 x 1.5 x 1.06 x 0.49 x
EV / EBITDA 13.3 x 8.43 x 30.7 x 23.3 x 3.04 x 3.2 x -
EV / FCF 183 x -4.01 x -0.37 x - -3.77 x -1.1 x -1.18 x
FCF Yield 0.55% -24.9% -272% - -26.5% -91.1% -84.4%
Price to Book 3.99 x 2.27 x - - - - -
Nbr of stocks (in thousands) 3,07,905 4,68,082 4,77,825 5,36,963 5,77,616 - -
Reference price 2 0.3300 0.9780 0.0630 0.2900 0.1100 0.1100 0.1100
Announcement Date 29/04/21 28/04/22 28/04/23 25/04/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 18.96 74.2 47.36 40.46 42.26 59.99 130
EBITDA 1 - 7.625 54.33 0.979 6.676 20.89 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 -33.8 -14.14 -18.43
Net margin - 7.61% 41.46% -410.09% -69.29% -79.98% -23.58% -14.18%
EPS 2 - 0.005000 0.0740 -0.4098 - -0.0160 -0.008000 -
Free Cash Flow 1 - 0.5541 -114.1 -81.93 - -16.85 -57.9 -53.63
FCF margin - 2.92% -153.82% -172.98% - -39.87% -96.51% -41.25%
FCF Conversion (EBITDA) - 7.27% - - - - - -
FCF Conversion (Net income) - 38.42% - - - - - -
Dividend per Share - - - - - - - -
Announcement Date 29/04/20 29/04/21 28/04/22 28/04/23 25/04/24 - - -
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 2024 Q4
Net sales 1 31.09 19.29 23.83 43.12 15.73 11 9.21 9.953 8.486 12.93 13.61 10.88 8.964 -
EBITDA 1 - 20.97 15.62 38.35 14.52 5.411 1.276 0.5857 2.494 2.367 7.734 3.669 4.046 5.445
EBIT 1 11.11 19.18 12.53 31.71 1.47 4.199 -4.346 -5.051 -5.667 -0.5426 -3.613 -6.021 -7.868 -8.831
Operating Margin 35.74% 99.46% 52.57% 73.55% 9.34% 38.16% -47.18% -50.75% -66.78% -4.2% -26.55% -55.31% -87.77% -
Earnings before Tax (EBT) 1 10.7 18.23 10.34 - 1.571 -38.37 -7.013 -7.809 -8.071 -5.259 -5.459 -7.868 -9.714 -10.68
Net income 1 7.214 12.88 10.67 - 1.666 -32.08 -7.013 -5.97 -8.071 -7.117 -5.459 -7.868 -9.714 -10.68
Net margin 23.21% 66.76% 44.79% - 10.59% -291.5% -76.15% -59.98% -95.1% -55.04% -40.12% -72.28% -108.37% -
EPS 2 0.0180 0.0300 0.0330 - 0.003000 -0.0650 -0.0145 -0.009510 -0.0163 - - -0.008000 -0.008000 -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 09/08/21 01/11/21 28/04/22 28/04/22 18/05/22 24/08/22 06/06/23 29/08/23 14/11/23 25/04/24 - - - -
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - 41.9 - - - - -
Net Cash position - 2.05 - - - - - -
Leverage (Debt/EBITDA) - - 0.7711 x - - - - -
Free Cash Flow 1 - 0.55 -114 -81.9 - -16.8 -57.9 -53.6
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 - 22.1 65.2 87.1
Capex / Sales - 9.54% 106.43% 184.43% - 52.24% 108.61% 66.98%
Announcement Date 29/04/20 29/04/21 28/04/22 28/04/23 25/04/24 - - -
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
0.11 GBP
Average target price
0.119 GBP
Spread / Average Target
+8.18%
Consensus
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