Argo Blockchain (ARBK) Deferred Taxes (2022 - 2024)
Argo Blockchain's (ARBK) quarterly Deferred Taxes came in at -$340000.0 in Q3 2024, down 114.65% year-over-year from $2.3 million in Q4 2023, and little changed quarter-over-quarter from -$340000.0 in Q1 2024.
Analysis
Argo Blockchain (ARBK) Deferred Taxes (2022 - 2024) Analysis & Trends
Argo Blockchain has disclosed Deferred Taxes across 3 years of filings, most recently posting -$340000.0 for Q3 2024.
- In Q3 2024, Deferred Taxes fell 114.65% year-over-year to -$340000.0; the TTM figure through Sep 2024 stood at -$5.6 million (changed N/A YoY), while the FY2025 annual figure was $412000.0, up 221.18% from the prior year.
- Deferred Taxes came in at -$340000.0 for Q3 2024 at Argo Blockchain, roughly flat from -$340000.0 in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $2.3 million in Q3 2023 to a low of -$7.3 million in Q4 2022.
- Average Deferred Taxes over 3 years is -$1.1 million, with a median of -$340000.0 recorded in 2024.
- The largest YoY upside for Deferred Taxes was 114.65% in 2024 against a maximum downside of 114.65% in 2024.
- Over 3 years, Deferred Taxes stood at -$7.3 million in 2022, then surged by 131.86% to $2.3 million in 2023, then tumbled by 114.65% to -$340000.0 in 2024.
- Per Business Quant data, the three most recent Deferred Taxes figures were -$340000.0 in Q3 2024, -$340000.0 in Q1 2024, and $2.3 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 53.91 Bn | 53.57 Bn | 40.81 Mn | - |
| 2 | Iren | 14.89 Bn | 7.32 Bn | 103.89 Mn | - |
| 3 | Hut 8 | 11.74 Bn | 4.95 Bn | 48.04 Mn | -33.13 Mn |
| 4 | Riot Platforms | 7.69 Bn | 7.14 Bn | 84.97 Mn | - |
| 5 | Argo Blockchain | 6.35 Bn | 6.34 Bn | - | - |
| 6 | MARA Holdings | 4.48 Bn | 4.04 Bn | - | -903,000.00 |
| 7 | Cleanspark | 3.59 Bn | 3.38 Bn | - | -2.97 Mn |
| 8 | Bitdeer Technologies | 2.57 Bn | 2.11 Bn | -8.53 Mn | - |
| 9 | Keel Infrastructure | 2.26 Bn | 2.26 Bn | -86.75 Mn | - |
| 10 | HIVE Digital Technologies | 841.35 Mn | 602.32 Mn | -29.49 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | -340,000.00 |
| Mar 31, 2024 | -340,000.00 |
| Sep 30, 2023 | 2.32 Mn |
| Dec 31, 2022 | -7.28 Mn |
| Mar 31, 2022 | 117,000.00 |