Argo Historical Income Statement

ARBK Stock  USD 1.12  0.02  1.82%   
Historical analysis of Argo Blockchain income statement accounts such as Other Operating Expenses of 52 M, Tax Provision of 0.0 or Interest Income of 1.2 K 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 labor statistics.

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 this time, Argo Blockchain's Selling General Administrative is quite stable compared to the past year. Selling And Marketing Expenses is expected to rise to about 2.2 M this year, although the value of Interest Expense will most likely fall to about 6.1 M.

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.

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.
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 labor statistics.
At this time, Argo Blockchain's Selling General Administrative is quite stable compared to the past year. Selling And Marketing Expenses is expected to rise to about 2.2 M this year, although the value of Interest Expense will most likely fall to about 6.1 M.
 2023 2024 (projected)
Depreciation And Amortization20.1M16.5M
Interest Income1.3K1.2K

Argo Blockchain income statement Correlations

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0.89-0.67-0.87-0.550.840.670.46-0.370.69-0.93-0.28-0.480.880.960.8-0.89-0.97-0.910.04
0.85-0.5-0.92-0.770.890.670.68-0.140.13-0.6-0.71-0.270.880.830.91-0.57-0.54-0.590.37
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0.230.58-0.13-0.530.380.040.370.880.860.330.27-0.70.780.220.140.360.360.150.32
Click cells to compare fundamentals

Argo Blockchain Account Relationship Matchups

Argo Blockchain income statement Accounts

201920202021202220232024 (projected)
Interest Expense53.6K214.6K2.9M18.3M11.6M6.1M
Other Operating Expenses11.1M22.9M40.9M131.3M77.1M52.0M
Ebit(338.5K)2.2M55.2M(73.7M)(23.5M)(22.3M)
Net Income Applicable To Common Shares(869.1K)1.4M30.8M(194.2M)(174.8M)(166.1M)

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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 labor statistics.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Argo Blockchain. If investors know Argo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Argo Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
(0.90)
Revenue Per Share
1.01
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.16)
The market value of Argo Blockchain PLC is measured differently than its book value, which is the value of Argo that is recorded on the company's balance sheet. Investors also form their own opinion of Argo Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Argo Blockchain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Argo Blockchain's market value can be influenced by many factors that don't directly affect Argo Blockchain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.