Argo Blockchain (LSE:ARB) Net Margin % : -50.50% (As of Dec. 2023)

Argo Blockchain Net Margin % Chart

Argo Blockchain Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial												-1,597.79	-76.15	-52.56	-66.73	-50.50

Competitive Comparison of Argo Blockchain's Net Margin %

For the Capital Markets subindustry, Argo Blockchain's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Argo Blockchain's Net Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Argo Blockchain's Net Margin % distribution charts can be found below:

* The bar in red indicates where Argo Blockchain's Net Margin % falls into.

Argo Blockchain Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Argo Blockchain's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Argo Blockchain's Net Margin for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Argo Blockchain  (LSE:ARB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Argo Blockchain Net Margin % Related Terms

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Argo Blockchain (LSE:ARB) Business Description