ARBKF - Argo Blockchain plc GAAP EPS of -40.98p revenue of £47.4M

2023-04-28 02:58:57 ET

• Argo Blockchain plc press release ( OTCPK:ARBKF ): FY GAAP EPS of -40.98p.
• Revenue of £47.4M (-36.1% Y/Y).
• Increased hashrate capacity by 55% from 1.6 EH/s at the end of 2021 to 2.5 EH/s at the end of 2022.
• Total number of Bitcoin or Bitcoin Equivalent mined during 2022 was 2,156, a 5% increase compared to the BTC mined in 2021, despite an increase in global hashrate and network difficulty.

• Adjusted EBITDA of £1.0 million, down from Adjusted EBITDA of £55.0 million in 2021.

• Mining margin of 54%, down from 84% in 2021.

• Total number of BTC held at 31 December 2022 was 141, of which 116 were Bitcoin Equivalents.

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