ARGO BLOCKCHAIN PLC financials
Also U.S.-listed. ARGO BLOCKCHAIN PLC is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: ARBK — ARGO BLOCKCHAIN PLC
ARGO BLOCKCHAIN PLC
Country: GB Reporting currency: USD Latest annual report: 2024-12-31
LEI:
213800WPCCYSDYY26J54 Financial statements
(USD, as reported — unscaled; 88 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Gross profit | $1.5M | $3.1M |
| Other income | $708.0K | $346.0K |
| Administrative expenses | $12.5M | $18.9M |
| Operating profit (EBIT) | -$15.3M | -$19.7M |
| Profit before tax | -$54.8M | -$34.6M |
| Income tax expense | $340.0K | $0 |
| Profit for the year | -$55.1M | -$34.6M |
| Total comprehensive income | -$55.3M | -$35.8M |
| Per share | ||
| Basic EPS | $-0.00 | $-0.00 |
| Diluted EPS | $-0.00 | $-0.00 |
| Free cash flow / share | $-0.00 | $-0.00 |
| Cash flow statement | ||
| Net cash from operating activities | -$44.8M | -$48.0M |
| Net cash from investing activities | $55.1M | $50.8M |
| Purchase of PP&E (capex) | $0 | $1.1M |
| Net cash from financing activities | -$9.3M | -$15.8M |
| Proceeds from borrowings | $1.3M | $1.4M |
| Repayments of borrowings | $27.5M | $14.1M |
| Net change in cash | $945.0K | -$12.9M |
| Balance sheet | ||
| Total assets | $19.3M | $75.9M |
| Non-current assets | $7.5M | $61.0M |
| Property, plant & equipment | $7.1M | $59.7M |
| Current assets | $11.7M | $14.9M |
| Trade & other receivables | $2.5M | $2.5M |
| Cash & equivalents | $8.6M | $7.4M |
| Total equity | -$29.5M | $158.0K |
| Current liabilities | $9.4M | $27.6M |
| Short-term borrowings | $857.0K | $14.3M |
| Trade & other payables | $8.2M | $11.1M |
| Derived metrics | ||
| Free cash flow | -$44.8M | -$49.1M |
| Operating margin | -32.6% | -39.0% |
| Net margin | -117.2% | -68.5% |
| Return on equity | 186.9% | -21922.2% |
| Cash conversion ratio | 0.81× | 1.38× |
| Capex coverage | — | -43.13× |
| Other reported items | ||
| Adjustments For Decrease Increase In Trade and Other Receivables | $756.0K | -$1.2M |
| Adjustments For Depreciation and Amortisation Expense | $14.9M | $20.1M |
| Adjustments For Finance Costs | $6.8M | $11.6M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | -$429.0K | $0 |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Property Plant and Equipment | $31.5M | $855.0K |
| Adjustments For Increase Decrease In Trade and Other Payables | -$2.3M | $1.0M |
| Adjustments For Interest Income | $307.0K | $0 |
| Adjustments For Sharebased Payments | $3.8M | $3.9M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | $0 | -$716.0K |
| Adjustments For Unrealised Foreign Exchange Losses Gains | -$458.0K | -$1.9M |
| Comprehensive Income Attributable To Owners of Parent | -$55.3M | -$35.8M |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | $11.7M | $11.7M |
| Current Borrowings and Current Portion of Noncurrent Borrowings | $857.0K | $14.3M |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | $9.4M | $25.5M |
| Current Prepayments | $628.0K | $1.4M |
| Current Tax Liabilities Current | $398.0K | $112.0K |
| Depreciation Expense | $14.2M | $18.7M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | $238.0K | $281.0K |
| Equity and Liabilities | $19.3M | $75.9M |
| Expense From Sharebased Payment Transactions In Which Goods Or Services Received Did Not Qualify For Recognition As Assets | $3.8M | $3.9M |
| Gains Losses On Disposals of Investments | -$842.0K | $36.0K |
| Gains Losses On Disposals of Property Plant and Equipment | -$429.0K | $0 |
| Hedging Gains Losses For Hedge of Group of Items With Offsetting Risk Positions | -$487.0K | $0 |
| Impairment Loss Recognised In Profit Or Loss Intangible Assets and Goodwill | $468.0K | $1.1M |
| Impairment Loss Recognised In Profit Or Loss Property Plant and Equipment | $31.5M | $855.0K |
| Increase Decrease Through Exercise of Options | $0 | $0 |
| Increase Decrease Through Sharebased Payment Transactions | $3.8M | $3.9M |
| Increase Decrease Through Transactions With Owners | $25.7M | $11.4M |
| Interest Expense | $6.8M | $11.6M |
| Interest Paid Classified As Financing Activities | $5.0M | $10.7M |
| Interest Received Classified As Investing Activities | $307.0K | $0 |
| Issue of Equity | $21.9M | $7.5M |
| Issued Capital | $938.0K | $712.0K |
| Liabilities | $48.7M | $75.8M |
| Liabilities Included In Disposal Groups Classified As Held For Sale | $0 | $2.1M |
| Net Debt | $31.5M | $55.1M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | $0 | $3.3M |
| Noncurrent Debt Instruments Issued | $39.3M | $38.2M |
| Noncurrent Financial Assets At Fair Value Through Profit Or Loss | $300.0K | $400.0K |
| Noncurrent Portion of Noncurrent Bonds Issued | $39.3M | $38.2M |
| Other Comprehensive Income | -$241.0K | -$1.2M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -$241.0K | -$1.2M |
| Proceeds From Issuing Shares | $21.9M | $7.5M |
| Proceeds From Sales of Intangible Assets Classified As Investing Activities | $47.6M | $51.9M |
| Proceeds From Sales of Investments Other Than Investments Accounted For Using Equity Method | $6.7M | $50.0K |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | $908.0K | $0 |
| Proceeds From Sales Or Maturity of Financial Instruments Classified As Investing Activities | $513.0K | $0 |
| Purchase of Financial Instruments Classified As Investing Activities | $1.0M | $0 |
| Reserve of Exchange Differences On Translation | -$30.8M | -$30.5M |
| Reserve of Sharebased Payments | $15.2M | $12.2M |
| Retained Earnings | -$247.1M | -$192.0M |
| Revenue From Contracts With Customers | $47.0M | $50.6M |
| Share of Profit Loss of Associates Accounted For Using Equity Method | $0 | -$716.0K |
| Share Premium | $232.3M | $209.8M |
Methodology
Every line item above is a fact tagged in ARGO BLOCKCHAIN PLC's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (USD), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.