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Argo Blockchain (LSE:ARB) Revenue : £46.67 Mil (TTM As of Dec. 2023)


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What is Argo Blockchain Revenue?

Argo Blockchain's revenue for the three months ended in Dec. 2023 was £13.91 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was £46.67 Mil. Argo Blockchain's Revenue per Share for the three months ended in Dec. 2023 was £0.03. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was £0.09.

Warning Sign:

Argo Blockchain PLC revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Argo Blockchain was -10.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 17.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 6 years, Argo Blockchain's highest 3-Year average Revenue per Share Growth Rate was 59.30% per year. The lowest was 17.10% per year. And the median was 38.20% per year.


Argo Blockchain Revenue Historical Data

The historical data trend for Argo Blockchain's Revenue can be seen below:

* 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.

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Argo Blockchain Revenue Chart

Argo Blockchain Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 8.62 19.22 74.26 48.10 45.60

Argo Blockchain Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.80 9.43 11.35 11.99 13.91

Competitive Comparison of Argo Blockchain's Revenue

For the Capital Markets subindustry, Argo Blockchain's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the Capital Markets Industry

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

* The bar in red indicates where Argo Blockchain's Revenue falls into.



Argo Blockchain Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was £46.67 Mil.

* 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) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Argo Blockchain Revenue Related Terms

Thank you for viewing the detailed overview of Argo Blockchain's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Argo Blockchain (LSE:ARB) Business Description

Traded in Other Exchanges
Address
27/28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH
Argo Blockchain PLC is a global data center business that provides a powerful and efficient platform for cryptocurrency mining operations. The company has operations in strategic locations in North America.

Argo Blockchain (LSE:ARB) Headlines