Argo Historical Income Statement

ARB Stock   4.51  0.24  5.05%   
Historical analysis of Argo Blockchain income statement accounts such as Total Revenue of 47.4 M, Gross Profit of 6.9 M or Other Operating Expenses of 56.4 M can show how well Argo Blockchain PLC performed in making a profits. Evaluating Argo Blockchain income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Argo Blockchain's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Argo Blockchain PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Argo Blockchain PLC is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Blockchain PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Argo Income Statement Analysis

Argo Blockchain PLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Argo Blockchain shareholders. The income statement also shows Argo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Argo Blockchain Income Statement Chart

At present, Argo Blockchain's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 82.2 M, whereas Other Operating Expenses is forecasted to decline to about 56.4 M.

Total Revenue

Total revenue comprises all receipts Argo Blockchain PLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Argo Blockchain PLC. It is also known as Argo Blockchain overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Argo Blockchain PLC income statement and represents the costs associated with goods and services Argo Blockchain provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Argo Blockchain's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Argo Blockchain PLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Blockchain PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Argo Blockchain's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 82.2 M, whereas Other Operating Expenses is forecasted to decline to about 56.4 M.
 2022 2023 2024 2025 (projected)
Total Revenue47.4M73.0M83.9M47.4M
Depreciation And Amortization23.4M20.5M23.5M24.7M

Argo Blockchain income statement Correlations

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0.820.50.780.23-0.110.060.780.7-0.18-0.35-0.220.63-0.65-0.880.70.480.66-0.24-0.910.84
-0.010.5-0.150.190.70.77-0.09-0.230.690.460.650.920.29-0.23-0.19-0.310.020.61-0.44-0.04
0.930.78-0.150.2-0.67-0.530.940.98-0.73-0.77-0.750.08-0.96-0.820.930.810.7-0.75-0.690.99
0.070.230.190.2-0.39-0.40.040.28-0.3-0.56-0.340.53-0.2-0.190.00.56-0.44-0.420.020.16
-0.51-0.110.7-0.67-0.390.98-0.56-0.760.990.960.990.380.780.32-0.62-0.89-0.170.990.02-0.58
-0.350.060.77-0.53-0.40.98-0.4-0.640.960.90.950.460.650.15-0.47-0.81-0.010.95-0.16-0.42
1.00.78-0.090.940.04-0.56-0.40.91-0.65-0.67-0.670.08-0.94-0.880.990.750.85-0.65-0.790.96
0.90.7-0.230.980.28-0.76-0.640.91-0.82-0.86-0.830.04-0.98-0.740.920.890.63-0.83-0.570.96
-0.6-0.180.69-0.73-0.30.990.96-0.65-0.820.951.00.390.840.39-0.71-0.89-0.30.990.11-0.65
-0.64-0.350.46-0.77-0.560.960.9-0.67-0.860.950.960.10.850.5-0.7-0.98-0.220.980.21-0.7
-0.62-0.220.65-0.75-0.340.990.95-0.67-0.831.00.960.340.860.42-0.72-0.91-0.31.00.14-0.67
0.160.630.920.080.530.380.460.080.040.390.10.340.04-0.38-0.020.05-0.020.28-0.470.16
-0.93-0.650.29-0.96-0.20.780.65-0.94-0.980.840.850.860.040.75-0.96-0.89-0.690.840.58-0.94
-0.9-0.88-0.23-0.82-0.190.320.15-0.88-0.740.390.50.42-0.380.75-0.79-0.58-0.680.430.94-0.87
0.980.7-0.190.930.0-0.62-0.470.990.92-0.71-0.7-0.72-0.02-0.96-0.790.770.85-0.7-0.70.94
0.730.48-0.310.810.56-0.89-0.810.750.89-0.89-0.98-0.910.05-0.89-0.580.770.33-0.93-0.330.77
0.850.660.020.7-0.44-0.17-0.010.850.63-0.3-0.22-0.3-0.02-0.69-0.680.850.33-0.25-0.760.76
-0.61-0.240.61-0.75-0.420.990.95-0.65-0.830.990.981.00.280.840.43-0.7-0.93-0.250.13-0.67
-0.82-0.91-0.44-0.690.020.02-0.16-0.79-0.570.110.210.14-0.470.580.94-0.7-0.33-0.760.13-0.77
0.960.84-0.040.990.16-0.58-0.420.960.96-0.65-0.7-0.670.16-0.94-0.870.940.770.76-0.67-0.77
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Argo Blockchain Account Relationship Matchups

Argo Blockchain income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization6.0M11.5M23.4M20.5M23.5M24.7M
Total Revenue25.8M100.1M47.4M73.0M83.9M47.4M
Gross Profit5.3M72.4M(34.5M)4.9M4.4M6.9M
Other Operating Expenses22.9M40.9M131.3M97.5M112.1M56.4M
Operating Income2.2M57.8M65.2M(24.5M)(28.2M)(26.8M)
Ebit1.6M42.6M(171.2M)(23.1M)(20.8M)(21.8M)
Ebitda7.6M54.1M(147.7M)(2.6M)(2.4M)(2.5M)
Cost Of Revenue20.5M27.7M81.8M68.1M78.3M82.2M
Total Operating Expenses2.4M13.1M49.5M29.4M33.8M18.6M
Income Before Tax2.0M53.0M(194.6M)(44.3M)(39.9M)(41.8M)
Total Other Income Expense Net(214.0K)(4.8M)(115.7M)(19.8M)(17.8M)(18.7M)
Net Income1.4M40.9M(194.2M)(44.3M)(39.9M)(41.8M)
Income Tax Expense566.7K11.5M(361K)576.0K662.4K629.3K
Net Interest Income(156.1K)(2.1M)(18.6M)(11.6M)(10.4M)(9.9M)
Interest Expense214.6K2.9M18.3M14.6M16.8M17.6M
Selling General Administrative1.6M6.3M21.6M6.0M6.9M8.4M
Selling And Marketing Expenses216.2K943.4K1.8M8.2M9.5M9.9M
Net Income From Continuing Ops1.4M30.8M(194.2M)(35.0M)(31.5M)(33.1M)
Reconciled Depreciation6.0M11.5M23.4M20.1M23.1M13.9M

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When determining whether Argo Blockchain PLC is a strong investment it is important to analyze Argo Blockchain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Argo Blockchain's future performance. For an informed investment choice regarding Argo Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Blockchain PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Please note, there is a significant difference between Argo Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argo Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argo Blockchain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.