Mawson Infrastructure Group Inc. (MIGI)
Market Cap | 17.62M |
Revenue (ttm) | 58.22M |
Net Income (ttm) | -54.54M |
Shares Out | 18.71M |
EPS (ttm) | -3.15 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 521,201 |
Open | 0.987 |
Previous Close | 1.010 |
Day's Range | 0.940 - 1.000 |
52-Week Range | 0.620 - 4.400 |
Beta | 4.29 |
Analysts | Hold |
Price Target | 1.00 (+6.16%) |
Earnings Date | Nov 14, 2024 |
About MIGI
Mawson Infrastructure Group Inc. develops and operates digital infrastructure for digital currency on the bitcoin blockchain network in the United States. It engages in digital currency or bitcoin self-mining, customer co-location and related services, and energy markets, as well as operates data center facilities. The company is based in Midland, Pennsylvania. [Read more]
Financial Performance
In 2023, MIGI's revenue was $43.57 million, a decrease of -48.37% compared to the previous year's $84.39 million. Losses were -$60.42 million, 14.5% more than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MIGI stock is "Hold." The 12-month stock price forecast is $1.0, which is an increase of 6.16% from the latest price.
News
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for November 2024
Total Monthly Digital Colocation Revenue grew 111% Y/Y in November 2024 Total Current Operating Hash Rate (EH) of about 4.98 EH/s, with current total operating capacity of 129 MW and expected to grow ...
Mawson Infrastructure Group Inc. Responds to Recent Report
MIDLAND, Pa., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group, Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure pla...
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for October 2024
Total Monthly Revenue grew 49% Y/Y from October 2023 and is up 18% M/M from September 2024 Digital Colocation Monthly Revenue grew 18% M/M from September 2024 Digital Assets Mining Monthly Revenue gre...
Mawson Infrastructure Group Inc. to Present at Roth 13th Annual Technology Conference
MIDLAND, Pa., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or "the Company"), a publicly-traded technology company focused on digital infrastructure plat...
Mawson Infrastructure Group Inc. Reports Q3 2024 Unaudited Financial Results
Q3 2024 Digital Colocation Business Revenue increased 222% Y/Y Q3 2024 Energy Management Business Revenue increased 33% Y/Y Q3 2024 Total Revenue increased 50% YTD (9 months) in 2024 MIDLAND, Pa., Nov...
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for September 2024
Total Monthly Revenue up 65% Y/Y from September 2023 Energy Management Revenue up 271% Y/Y from September 2023 Digital Colocation Business Grows to Multi-Million Dollar Monthly Revenue in one year, up...
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for August 2024
Digital Colocation Revenue up 166% Y/Y from August 2023 and 25% M/M from July 2024 Total Monthly Revenue up 27% M/M from July 2024 Expanded into Artificial Intelligence (AI) and High-Performance Compu...
Mawson Infrastructure Group Expands to Ohio for AI/HPC Expansion
To Bolster Long-Term AI/HPC Growth Capacities, Mawson Expands to Ohio Expected to Increase Company's Total Capacity to 153 Megawatts upon Completion Mawson Invites Additional AI and HPC Partners for F...
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for July 2024
Digital Assets Colocation Monthly Revenue up 54% Y/Y from July last year Recently Expanded into AI (Artificial Intelligence) and HPC (High-Performance Computing) MarketsAI/HPC Colocation Agreement Rec...
Mawson Infrastructure Group Inc. Reports Q2 2024 Financial Results
Q2 Digital Colocation Business Revenue increased 77% Y/Y Q2 Energy Management Business Revenue increased 70% Y/Y Company Optimized and Reduced Q2 SG&A Expenses by 42% Y/Y Q2 2024 Total Revenue Increas...
Mawson Infrastructure Group Inc. to Join World Summit AI (Artificial Intelligence) in October 2024
MIDLAND, Pa., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or "the Company"), a publicly traded digital infrastructure company headquartered in the Unite...
Mawson Infrastructure Group Inc. Expands into AI and HPC Markets and Announces the Signing of AI/HPC Colocation Agreement for 20 MW
Initial AI/HPC (Artificial Intelligence/High-Performance Computing) Colocation Agreement Signed Expected to Generate Cumulative Revenue Potential of $285 Million 1 through 6-Year Initial 20 MW Contrac...
Mawson Infrastructure Group Inc. to Present at the 2024 Gateway Conference in San Francisco, CA
MIDLAND, Pa., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly traded digital infrastructure company, announced that it will be...
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for June 2024
Digital Colocation Business Revenue up 56% Y/Y from June last year Energy Management Revenue up 262% Y/Y from June last year Completed 20 MW Facility Expansion Increasing Total Capacity to 129 MW and ...
Mawson Infrastructure Group Announces Several Recent New Hires to Further Drive Transformation and Growth Initiatives
MIDLAND, Pa., July 17, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson,” or “the Company”), a publicly traded digital infrastructure company, today announced several ...
Mawson Infrastructure Group Announces Successful Completion of Announced Facilities Expansion Plans
Mawson's site in the greater Pittsburgh area grows to be amongst the largest operating sites in the PJM market amongst all the North American Public Bitcoin Mining Companies Expanded Midland, Pennsylv...
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for May 2024
Digital Co-Location Business Revenue up 85% Y/Y from May last year Energy Management Revenue up 139% Y/Y from May last year Total Overall Revenue up 19% Y/Y from May last year 20 MW Facility Expansion...
Mawson Infrastructure Group Further Grows and Expands Digital Co-Location Business
Further Growth of 24% in Overall Digital Co-Location Services Business Expanding to about 31,164 Miners or about 102 MW Increases Digital Co-Location Services Business by about another 5,880 Miners or...
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for April 2024
Total Overall Revenue up 65% Y/Y from April last year Self-Mining Business Revenue up 73% Y/Y from April last year Co-Location Business Revenue up 105% Y/Y from April last year Announced 20 MW Expansi...
Mawson Infrastructure Group Inc. Reports Q1 2024 Financial Results
Q1 2024 Total Revenue increased 145% Y/Y and 34% Q/Q Q1 Co-Location Business Revenue increased 90% Y/Y and 83% Q/Q Q1 Energy Management Business Revenue increased 461% Y/Y and 2% Q/Q Company optimized...
Mawson Infrastructure Group Announces Hiring of Head of Corporate Strategy and Head of Corporate Development
MIDLAND, Pa., May 09, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson,” or “the Company”), a digital infrastructure company, today announced that it has named Anurag ...
Mawson Infrastructure Group Announces Expansion Plans at Midland, Pennsylvania Facilities
Plans to Expand Midland Facilities Capacity to 120 MW and Miner Capacity to 38,810 Miners Mawson's Total Capacity Expected to be approximately 129 MW and 41,530 miners upon Expansion MIDLAND, Pa., Apr...
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for March 2024
Total Revenue Doubled with 100% Y/Y Growth from March of last year March Self-Mining Business Revenue up 182% Y/Y March Co-Location Business Revenue up 54% Y/Y March Total Revenue of about $5.44 milli...
Mawson Infrastructure Group Inc. Announces New Board Chair
MIDLAND, Pa., April 15, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announced that the Board of Directors o...
Mawson Infrastructure Group Inc. Reports Q4 and Fiscal Year 2023 Financial Results
Q4 Co-Location Business Revenue increased 52% Q/Q Q4 Energy Management Business Revenue increased 64% Q/Q Total Quarterly Revenue increased 24% Q/Q to $14.02 Million MIDLAND, Pa., April 01, 2024 (GLOB...