Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
ARBK
Upturn stock ratingUpturn stock rating

Argo Blockchain PLC ADR (ARBK)

Upturn stock ratingUpturn stock rating
$0.49
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

02/20/2025: ARBK (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -61.03%
Avg. Invested days 31
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 02/20/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 31.94M USD
Price to earnings Ratio -
1Y Target Price 0.25
Price to earnings Ratio -
1Y Target Price 0.25
Volume (30-day avg) 585775
Beta 3.47
52 Weeks Range 0.43 - 2.78
Updated Date 02/21/2025
52 Weeks Range 0.43 - 2.78
Updated Date 02/21/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.9

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -90.9%
Operating Margin (TTM) -48.35%

Management Effectiveness

Return on Assets (TTM) -15.43%
Return on Equity (TTM) -438.6%

Valuation

Trailing PE -
Forward PE 100
Enterprise Value 67340427
Price to Sales(TTM) 0.6
Enterprise Value 67340427
Price to Sales(TTM) 0.6
Enterprise Value to Revenue 1.12
Enterprise Value to EBITDA 129.44
Shares Outstanding 63635200
Shares Floating 507050386
Shares Outstanding 63635200
Shares Floating 507050386
Percent Insiders 0.11
Percent Institutions 2.78

AI Summary

Argo Blockchain PLC ADR: A Comprehensive Overview

Company Profile

History and Background

Argo Blockchain PLC (ARB) is a global cryptocurrency mining company headquartered in London, UK. Founded in 2017 and listed on the Nasdaq Global Select Market in 2021, ARB focuses on large-scale mining of Bitcoin (BTC) and other cryptocurrencies.

Core Business

ARB primarily focuses on two key activities:

  1. Bitcoin Mining: ARB operates two large mining facilities in Texas (Helios) and Quebec (Terra), utilizing low-cost renewable energy sources.
  2. Hosting: ARB offers cryptocurrency mining hosting and data center facilities to other mining entities.

Leadership and Structure

The current leadership team of Argo Blockchain includes:

  • Peter Wall: Chairman & CEO
  • Madelena Kalenkoska: Chief Financial Officer (CFO)
  • Seif el-Swaify: Chief Technology Officer (CTO)
  • Jeff Loucks: Chief Operating Officer (COO)

Top Products and Market Share

Products:

  • Bitcoin Mining Services
  • Cryptocurrency Mining Hosting

Market Share:

  • Global Market Share (BTC): ~0.5%
  • US Market Share (BTC): ~2%

Competition:

  • Riot Blockchain (RIOT): ~3% of global market share
  • Marathon Digital Holdings (MARA): ~4.8% of global market share
  • Hut 8 Mining Corp. (HUT): ~1.3% of global market share

Total Addressable Market (TAM)

The global crypto mining market is expected to reach $39.22 billion by 2027, growing at a CAGR of 18.5%.

Financial Performance

Revenue:

  • 2022 revenue: $62.4 million
  • 2021 revenue: $114.4 million

Net Income:

  • 2022 net loss: $1.38 billion

Profit Margin:

  • 2022 net profit margin: -2219.5%

Earnings per Share (EPS):

  • 2022 EPS: -$90.36

Dividends and Shareholder Returns

ARB currently does not pay dividends to shareholders.

Growth Trajectory

ARB's historical growth has been volatile due to the fluctuating price of Bitcoin. The drop in stock value in 2022 is attributed to the broader crypto bear market.

Future Growth Projections

Future growth relies heavily on the recovery and growth of the overall Bitcoin market. ARB aims to expand its mining facilities and offer new cryptocurrency mining services.

Market Dynamics

The cryptocurrency mining industry has high barriers to entry due to the significant capital and energy requirements. The increasing adoption of renewable energy sources and the evolving regulatory landscape are key trends affecting ARB.

Competitive Advantages:

  • Access to low-cost renewable energy
  • Large-scale infrastructure
  • Experienced leadership team

Disadvantages:

  • Volatility of the crypto market
  • Competition in the mining industry

Potential Challenges and Opportunities

Challenges:

  • Fluctuation in Bitcoin price
  • Rising energy costs
  • Regulatory uncertainties

Opportunities:

  • Expansion to new geographic locations
  • Offering additional cryptocurrency mining services
  • Partnering with other crypto entities

Recent Acquisitions

In 2021, ARB acquired the Helios facility in Texas for $65 million and the Terra facility in Quebec for $17.5 million. These acquisitions significantly increased ARB's mining capacity.

AI-Based Fundamental Rating

Based on the information analyzed above, an AI-based rating system assigns Argo Blockchain PLC ADR a score of 6 out of 10.

The rating considers factors such as:

  • Financial performance (negative due to 2022 market downturn)
  • Market position (growing player with established infrastructure)
  • Future prospects (reliant on Bitcoin market recovery and growth)

Disclaimer: This is not a recommendation to buy or sell shares in Argo Blockchain PLC ADR. Please do your own research and due diligence before making any investment decisions.

Sources:

About Argo Blockchain PLC ADR

Exchange NASDAQ
Headquaters -
IPO Launch date 2021-09-23
CEO -
Sector Financial Services
Industry Capital Markets
Full time employees 30
Full time employees 30

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex 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 based in London, the United Kingdom.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​