​
​

Argo Blockchain (ARBK) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

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

DateRevenueChange
2023-12-31$57.72M21.87%
2022-12-31$47.36M-52.71%
2021-12-31$100.15M287.64%
2020-12-31$25.84M128.67%
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

DateRevenueChange
2024-03-31$16.83M-5.24%
2023-12-31$17.76M19.74%
2023-09-30$14.83M3.50%
2023-06-30$14.33M25.29%
2023-03-31$11.44M22.70%
2022-12-31$9.32M-29.46%
2022-09-30$13.21M11.92%
2022-06-30$11.81M-20.71%
2022-03-31$14.89M-19.72%
2021-12-31$18.55M-
2021-09-30$18.55M13.24%
2021-06-30$16.38M11.41%
2021-03-31$14.70M210.25%
2020-12-31$4.74M-
2020-09-30$4.74M-
2020-06-30$4.74M-
2020-03-31$4.74M120.00%
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/ServiceDec 23Dec 22Dec 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

TickerCompanyLast Year RevenueLast Quarter Revenue
SDIGStronghold Digital Mining$74.97B$11.17M
CLSKCleanSpark$168.41M$104.11M
BITFBitfarms$149.05M$50.09M
IRENIris Energy$75.51M$53.95M
GREEGreenidge Generation$70.45M$12.35M
WULFTeraWulf$69.23M$27.06M
ARBKArgo Blockchain$57.72M$16.83M
CIFRCipher Mining--

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.