Argo Blockchain plc (ARBK) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ARBK SEC filings page.
Argo Blockchain plc (ARBK) reported $15.5M in revenue for fiscal year 2025, down 67.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025’s reported profit returned, but operations still consumed cash and current assets covered only 0.5x current liabilities.
Earnings and cash generation diverged sharply in FY2025: net income was$5.1M while operating cash flow was-$25.0M , and free cash flow was-$25.1M . With capital expenditures of only$126K , the cash gap was not caused by heavy reinvestment; reported profitability did not translate into cash from operations.
The business has contracted substantially since FY2021: revenue fell from
Equity turned positive at
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Argo Blockchain plc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Argo Blockchain plc earned a return on assets of 22.4% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is up from -286.1% the prior year. Earnings ranks banks on that return over three years, and Argo Blockchain plc scores 95/100 among other banks.
Argo Blockchain plc reported revenue of $15.5M in fiscal year 2025, against $47.0M in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Argo Blockchain plc scores 2/100 among other banks.
Argo Blockchain plc funded 4.1% of its assets with shareholders' equity at the end of fiscal year 2025, holding $938K of equity against $22.7M of assets. Capital ranks banks on that cushion, and Argo Blockchain plc scores 2/100 among other banks.
Not available for Argo Blockchain plc, and counted as zero in the overall score.
Not available for Argo Blockchain plc, and counted as zero in the overall score.
Argo Blockchain plc reported net income of $5.1M in fiscal year 2025, against a loss of $55.1M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and Argo Blockchain plc scores 10/100 among other banks.
Argo Blockchain plc passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Argo Blockchain plc used $4.92 of operating cash (-$25.0M OCF vs $5.1M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q3 2025.
Cash & Balance Sheet
Argo Blockchain plc held $8.6M in cash as of Q3 2025; long-term debt is not reported for that period.
Not reported for Q3 2025.
Not reported for Q3 2025.
Margins & Returns
None of these metrics is reported for Q3 2025.
Capital Allocation
None of these metrics is reported for Q3 2025.
ARBK Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
ARBK Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-K | Q3'2410-K | Q3'2310-K | Q3'2210-K |
|---|---|---|---|---|
| Total Assets | $19.3M-74.6% | $75.9M-31.1% | $110.2M-71.6% | $388.1M |
| Current Assets | $11.7M-21.5% | $14.9M-45.4% | $27.3M-87.0% | $210.4M |
| Cash & Equivalents | $8.6M+15.9% | $7.4M-63.0% | $20.1M+26.2% | $15.9M |
| Accounts Receivable | $2.5M-1.2% | $2.5M+201.3% | $823K-91.8% | $10.1M |
| Goodwill | N/A | $888K-57.8% | $2.1M-72.2% | $7.6M |
| Total Liabilities | $48.7M-35.7% | $75.8M-11.5% | $85.7M-26.1% | $115.9M |
| Current Liabilities | $9.4M-65.8% | $27.6M+29.0% | $21.4M-71.0% | $73.8M |
| Non-Current Liabilities | $39.3M-18.5% | $48.2M-25.0% | $64.3M+52.6% | $42.1M |
| Long-Term Debt | N/A | N/A | $540K+8.2% | $499K |
| Total Equity | -$29.5M-18761.4% | $158K-99.4% | $24.6M-91.0% | $272.3M |
| Retained Earnings | -$247.1M-28.7% | -$192.0M-22.0% | -$157.3M-325.6% | $69.8M |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments.
ARBK Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
ARBK Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Note: The current ratio is below 1.0 (0.51), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Argo Blockchain plc ARBK | FY2025 | $15.5M | $5.1M | 32.8% | $29.6M | 18/100 |
| Soluna Holdings, Inc. SLNH | FY2025 | $29.7M | -$53.4M | N/A | $207.9M | 33/100 |
| Vulcan Infrastructure and Power Inc. GREE | FY2025 | $58.8M | $5.3M | 9.0% | $51.5M | 5/100 |
| Sphere 3D Corp. ANY | FY2025 | $11.2M | -$21.5M | N/A | $30.5M | 34/100 |
| Gryphon Digital Mining, Inc GRYP | FY2025 | $185.2M | -$153.2M | -82.7% | $22.9M | 36/100 |
| SOS Limited SOS | FY2025 | $154.3M | -$97.3M | -63.1% | $5.0M | 35/100 |
Where Argo Blockchain plc Ranks
Frequently Asked Questions
What is Argo Blockchain plc's annual revenue?
Argo Blockchain plc (ARBK) reported $15.5M in total revenue for fiscal year 2025. This represents a -67.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Argo Blockchain plc's revenue growing?
Argo Blockchain plc (ARBK) revenue declined by 67.0% year-over-year, from $47.0M to $15.5M in fiscal year 2025.
Is Argo Blockchain plc profitable?
Yes, Argo Blockchain plc (ARBK) reported a net income of $5.1M in fiscal year 2025, with a net profit margin of 32.8%.
How much debt does Argo Blockchain plc have?
As of fiscal year 2025, Argo Blockchain plc (ARBK) had $2.2M in cash and equivalents against $1.8M in long-term debt.
What is Argo Blockchain plc's net profit margin?
Argo Blockchain plc (ARBK) had a net profit margin of 32.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Argo Blockchain plc's return on equity (ROE)?
Argo Blockchain plc (ARBK) has a return on equity of 542.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Argo Blockchain plc's free cash flow?
Argo Blockchain plc (ARBK) recorded an outflow of $25.1M in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Argo Blockchain plc's operating cash flow?
Argo Blockchain plc (ARBK) recorded an outflow of $25.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Argo Blockchain plc's total assets?
Argo Blockchain plc (ARBK) had $22.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Argo Blockchain plc's capital expenditures?
Argo Blockchain plc (ARBK) invested $126K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Argo Blockchain plc's current ratio?
Argo Blockchain plc (ARBK) had a current ratio of 0.51 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Argo Blockchain plc's debt-to-equity ratio?
Argo Blockchain plc (ARBK) had a debt-to-equity ratio of 1.89 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Argo Blockchain plc's return on assets (ROA)?
Argo Blockchain plc (ARBK) had a return on assets of 22.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Argo Blockchain plc's P/E ratio?
Argo Blockchain plc (ARBK) trades at 5.8x earnings, its market capitalization divided by net income of $5.1M net income, FY2025. The market capitalization is $29.6M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Argo Blockchain plc's price-to-sales ratio?
Argo Blockchain plc (ARBK) trades at 1.9x sales, its market capitalization divided by revenue of $15.5M revenue, FY2025. The market capitalization is $29.6M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Argo Blockchain plc's Piotroski F-Score?
Argo Blockchain plc (ARBK) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Argo Blockchain plc's earnings high quality?
For every $1 of reported earnings, Argo Blockchain plc (ARBK) used $4.92 of operating cash (-$25.0M OCF vs $5.1M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Argo Blockchain plc?
Argo Blockchain plc (ARBK) scores 18 out of 100 on our Financial Health Score, indicating weak standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.