Argo Blockchain (ARBK) Non Operating Interest Expenses (2021 - 2024)
Argo Blockchain (ARBK) posted Non Operating Interest Expenses of -$4.3 million for Q2 2024, up 52.79% sequentially from -$9.1 million in Q3 2023, and up 32.19% YoY from -$3.2 million in Q3 2023.
Argo Blockchain (ARBK) Non Operating Interest Expenses (2021 - 2024) Analysis & Trends
Argo Blockchain has reported Non Operating Interest Expenses for 4 years, with the latest figure at -$4.3 million in Q2 2024.
- Quarterly Non Operating Interest Expenses rose 32.19% year-over-year to -$4.3 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was -$26.8 million (down 44.94% YoY) and the FY2024 annual result came in at -$4.3 million, changed N/A from the prior year.
- Non Operating Interest Expenses advanced to -$4.3 million in Q2 2024 per ARBK's latest filing, from -$9.1 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at -$574466.3 in Q2 2021 and troughed at -$9.1 million in Q3 2023.
- A 4-year average of -$5.3 million and a median of -$5.4 million in 2022 frame the typical range for Non Operating Interest Expenses.
- The sharpest annual moves came in 2022 and 2024: Non Operating Interest Expenses plunged 685.25% in 2022, then jumped 32.19% in 2024.
- Over 4 years, Non Operating Interest Expenses stood at -$574466.3 in 2021, then tumbled by 1130.88% to -$7.1 million in 2022, then fell by 28.69% to -$9.1 million in 2023, then soared by 52.79% to -$4.3 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered -$4.3 million, -$9.1 million, and -$6.3 million for Q2 2024, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 293.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | - |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 101.50 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 505,000.00 |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | - |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | Argo Blockchain | 6.52 Bn | 6.52 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -4.30 Mn |
| Sep 30, 2023 | -9.10 Mn |
| Jun 30, 2023 | -6.34 Mn |
| Sep 30, 2022 | -7.07 Mn |
| Jun 30, 2022 | -4.51 Mn |
| Jun 30, 2021 | -574,466.31 |