Argo Blockchain (ARBK) Depreciation & Amortization (CF) (2021 - 2024)
Argo Blockchain's (ARBK) quarterly Depreciation & Amortization (CF) came in at $12.6 million in Q3 2024, down 35.17% year-over-year from $19.4 million in Q4 2023, and up 108.34% quarter-over-quarter from -$150.9 million in Q2 2024.
Analysis
Argo Blockchain (ARBK) Depreciation & Amortization (CF) (2021 - 2024) Analysis & Trends
Argo Blockchain has disclosed Depreciation & Amortization (CF) across 4 years of filings, most recently posting $12.6 million for Q3 2024.
- In Q3 2024, Depreciation & Amortization (CF) fell 35.17% year-over-year to $12.6 million; the TTM figure through Dec 2025 stood at $12.6 million (up 109.44% YoY), while the FY2025 annual figure was $3.1 million, down 78.9% from the prior year.
- Depreciation & Amortization (CF) came in at $12.6 million for Q3 2024 at Argo Blockchain, up from -$150.9 million in the prior quarter.
- In the past five years, Depreciation & Amortization (CF) ranged from a high of $19.4 million in Q3 2023 to a low of -$150.9 million in Q2 2024.
- Average Depreciation & Amortization (CF) over 4 years is -$14.0 million, with a median of -$5.1 million recorded in 2021.
- Year-over-year, Depreciation & Amortization (CF) jumped 230.74% in 2023 and slumped 1152.7% in 2024.
- Over 4 years, Depreciation & Amortization (CF) stood at -$3.2 million in 2021, then plunged by 111.97% to -$6.9 million in 2022, then jumped by 381.79% to $19.4 million in 2023, then sank by 35.17% to $12.6 million in 2024.
- Per Business Quant data, the three most recent Depreciation & Amortization (CF) figures were $12.6 million in Q3 2024, -$150.9 million in Q2 2024, and $5.1 million in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation & Amortization (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | - |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 112.08 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 39.73 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 97.78 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 3.30 Mn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 111.04 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | - |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 84.15 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 12.58 Mn |
| Jun 30, 2024 | -150.91 Mn |
| Mar 31, 2024 | 5.07 Mn |
| Sep 30, 2023 | 19.41 Mn |
| Jun 30, 2023 | -12.05 Mn |
| Mar 31, 2023 | 6.33 Mn |
| Dec 31, 2022 | -6.89 Mn |
| Sep 30, 2022 | -14.84 Mn |
| Jun 30, 2022 | -14.08 Mn |
| Mar 31, 2022 | -6.96 Mn |
| Sep 30, 2021 | -3.25 Mn |
| Mar 31, 2021 | -2.87 Mn |