profit from every $100 of sales.

Argo Blockchain
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $3.97 for every $1 of profit it makes in a year.
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Argo Blockchain sold, what it kept, and what it did with the cash.
Sales went from $58.6 million in 2022 to $15.5 million in 2025, with $5.08 million of profit last year.
Argo Blockchain vs. similar companies
Argo Blockchain grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Argo Blockchain | 4.0× · Cheap | ||
Raymond James Financial | 15.1× · Fair price | ||
Nomura Holdings | 13.0× · Cheap | ||
Tradeweb Markets | 34.4× · Expensive | ||
LPL Financial Holdings | 27.6× · Fair price |
AI analysis
An AI analyst reads Argo Blockchain's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 59 | 58 | 49 | 16 | |
| 11 | 3 | 1 | 0 | |
| -38 | -16 | -13 | -10 | |
| -189 | -3 | -33 | 12 | |
| -229 | -35 | -55 | 5 | |
| -1,071.23 | -1.51 | -1.94 | 4.97 | |
| 19.4% | 5.4% | 3.0% | 1.8% | |
| -65.2% | -28.5% | -26.7% | -63.0% | |
| -390.8% | -60.0% | -113.6% | 32.8% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 110 | 76 | 19 | 23 |
| Cash | 20 | 7 | 9 | 2 |
| Total debt | 76 | 63 | 40 | 4 |
| Total liabilities | 86 | 76 | 49 | 10 |
| 25 | 0 | -29 | 13 | |
| 0 | 0 | 0 | 1 | |
| -171.5% | -29.1% | -354.8% | 42.7% | |
| -931.6% | -21,922.2% | 186.9% | 39.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -101 | -48 | -45 | -25 | |
| 108 | 1 | – | 0 | |
| -209 | -49 | -45 | -25 | |
| Dividends paid | 0 | 0 | 0 | 0 |
| – | – | – | 2 | |
| 6 | 4 | 4 | 3 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 4.0×
- 0.2×
- –
- -0.2×
- 1.3×
- 25.2%
- 0.0%
Profitability
- 32.8%
- -427.3%
- -151.4%
- 69.3%
- -363.3%
Growth
- −35.8%
- –
- –
- +15.9%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $621.00
- Range
- $216.00 – $1,728.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 21, 2026 | 39.90 | -65.22 | +161.2% |
| Dec 24, 2025 | -21.74 | -21.74 | +0.0% |
| May 15, 2025 | -0.15 | -0.14 | −7.1% |
| Sep 30, 2024 | -21.97 | – | – |
| Aug 28, 2024 | -0.19 | -0.08 | −137.5% |
| May 23, 2024 | -0.10 | -0.08 | −25.0% |
| Mar 31, 2024 | -21,594.80 | – | – |
| May 23, 2023 | -81.55 | -0.25 | −32,521.6% |
News
Argo Graphene Solutions Appoints Leading Battery and Energy Storage Scientist Dr. Said Al-Hallaj to Board of DirectorsYahoo Finance · Sep 2, 2026The newest story we have is from Sep 2, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Argo Blockchain
Is Argo Blockchain a good stock to buy?
A strong, very profitable business, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Argo Blockchain AI analysis
What does Argo Blockchain do?
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for cryptographic algorithms. It is in Financial - Capital Markets.
Does Argo Blockchain pay a dividend?
No. Argo Blockchain does not pay a dividend at the moment; in 2025 it returned $1.91 million to shareholders by buying back its own shares.
Is Argo Blockchain stock halal?
Yes. Argo Blockchain passes our halal screen: its business is permitted and its debt is 17% of its market value, under the 30% limit. How we check
How has Argo Blockchain stock done over the past year?
Down 98.1% over the past twelve months, to $1.38. It traded between $1.38 and $73.01 and is 98.1% below its high.
Who are Argo Blockchain's competitors?
The largest listed companies in the same industry are Raymond James Financial, Nomura Holdings, Tradeweb Markets and LPL Financial Holdings. The peers table on this page compares their profit, growth and price with Argo Blockchain's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



