Argo Blockchain (ARBK) Revenue & Revenue Breakdown
Argo Blockchain Revenue Highlights
Latest Revenue (Y)
$57.72M
Latest Revenue (Q)
$16.83M
Main Segment (Y)
Crypto currency mining
Argo Blockchain Revenue by Period
Argo Blockchain Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $57.72M | 21.87% |
| 2022-12-31 | $47.36M | -52.71% |
| 2021-12-31 | $100.15M | 287.64% |
| 2020-12-31 | $25.84M | 128.67% |
| 2019-12-31 | $11.30M | - |
Argo Blockchain generated $57.72M in revenue during NA 2023, up 21.87% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Argo Blockchain Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $16.83M | -5.24% |
| 2023-12-31 | $17.76M | 19.74% |
| 2023-09-30 | $14.83M | 3.50% |
| 2023-06-30 | $14.33M | 25.29% |
| 2023-03-31 | $11.44M | 22.70% |
| 2022-12-31 | $9.32M | -29.46% |
| 2022-09-30 | $13.21M | 11.92% |
| 2022-06-30 | $11.81M | -20.71% |
| 2022-03-31 | $14.89M | -19.72% |
| 2021-12-31 | $18.55M | - |
| 2021-09-30 | $18.55M | 13.24% |
| 2021-06-30 | $16.38M | 11.41% |
| 2021-03-31 | $14.70M | 210.25% |
| 2020-12-31 | $4.74M | - |
| 2020-09-30 | $4.74M | - |
| 2020-06-30 | $4.74M | - |
| 2020-03-31 | $4.74M | 120.00% |
| 2019-12-31 | $2.15M | - |
| 2019-09-30 | $2.15M | - |
| 2019-06-30 | $2.15M | - |
| 2019-03-31 | $2.15M | - |
Argo Blockchain generated $16.83M in revenue during Q1 2024, up -5.24% compared to the previous quarter, and up 180.55% compared to the same period a year ago.
Argo Blockchain Revenue Breakdown
Argo Blockchain Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Crypto currency mining | $50.56M | $47.27M | $70.33M |
| Crypto currency management fees | - | $96.00K | $3.88M |
Argo Blockchain's latest annual revenue breakdown by segment (product or service), as of Dec 23: Crypto currency mining (100.00%).
Argo Blockchain Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SDIG | Stronghold Digital Mining | $74.97B | $19.10M |
| CLSK | CleanSpark | $168.41M | $104.11M |
| BITF | Bitfarms | $149.05M | $50.09M |
| IREN | Iris Energy | $75.51M | $53.95M |
| GREE | Greenidge Generation | $70.45M | $13.06M |
| WULF | TeraWulf | $69.23M | $35.57M |
| ARBK | Argo Blockchain | $57.72M | $16.83M |
| CIFR | Cipher Mining | - | $48.14M |
ARBK Revenue FAQ
What is Argo Blockchain’s yearly revenue?
Argo Blockchain's yearly revenue for 2023 was $57.72M, representing an increase of 21.87% compared to 2022. The company's yearly revenue for 2022 was $47.36M, representing a decrease of -52.71% compared to 2021. ARBK's yearly revenue for 2021 was $100.15M, representing an increase of 287.64% compared to 2020.
What is Argo Blockchain’s quarterly revenue?
Argo Blockchain's quarterly revenue for Q1 2024 was $16.83M, a -5.24% decrease from the previous quarter (Q4 2023), and a 47.14% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $17.76M, a 19.74% increase from the previous quarter (Q3 2023), and a 90.54% increase year-over-year (Q4 2022). ARBK's quarterly revenue for Q3 2023 was $14.83M, a 3.50% increase from the previous quarter (Q2 2023), and a 12.24% increase year-over-year (Q3 2022).
What is Argo Blockchain’s revenue growth rate?
Argo Blockchain's revenue growth rate for the last 3 years (2021-2023) was -42.36%, and for the last 5 years (2019-2023) was 410.89%.
What are Argo Blockchain’s revenue streams?
Argo Blockchain's revenue streams in c 23 are Crypto currency mining
What is Argo Blockchain’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Argo Blockchain was Crypto currency mining. This segment made a revenue of $50.56M, representing 100.00% of the company's total revenue.