Mawson Infrastructure Group Inc. (MIGI)

NASDAQ: MIGI · IEX Real-Time Price · USD
0.876
-0.073 (-7.71%)
At close: Aug 17, 2022 4:00 PM
0.899
+0.024 (2.683%)
After-hours: Aug 17, 2022 6:13 PM EDT
-7.71%
Market Cap 63.52M
Revenue (ttm) 55.97M
Net Income (ttm) -17.78M
Shares Out 72.51M
EPS (ttm) -0.28
PE Ratio n/a
Forward PE 5.53
Dividend n/a
Ex-Dividend Date n/a
Volume 218,698
Open 0.911
Previous Close 0.949
Day's Range 0.820 - 0.971
52-Week Range 0.690 - 17.250
Beta n/a
Analysts Buy
Price Target 14.79 (+1,588.5%)
Earnings Date Aug 9, 2022

About MIGI

Mawson Infrastructure Group Inc., a digital infrastructure provider, operates in cryptocurrency mining in the United States and Australia. It owns and operates modular data centers. The company is based in North Sydney, Australia. [Read more...]

Industry Capital Markets
Founded 2012
CEO Noam Danenberg
Employees 40
Stock Exchange NASDAQ
Ticker Symbol MIGI
Full Company Profile

Financial Performance

In 2021, MIGI's revenue was $43.86 million, an increase of 885.93% compared to the previous year's $4.45 million. Losses were -$44.96 million, 793.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for MIGI stock is "Buy." The 12-month stock price forecast is 14.79, which is an increase of 1,588.55% from the latest price.

Price Target
$14.79
(1,588.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mawson Infrastructure Group Inc. Announces Closing of $6.4 Million Registered Direct Offering

ATLANTA--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, today announced the closing of its previously announced $6.4 million registered di...

Mawson Infrastructure Group Inc. Announces $6.4 Million Registered Direct Offering

ATLANTA--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, today announced a $6.4 million registered direct offering. Mawson has entered into...

Mawson Infrastructure Group Inc. Announces Energy Demand Response Program Participation and Market Update

ATLANTA--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to provide an energy demand response program participation and market u...

Mawson Infrastructure Group Inc. to Become 33% Shareholder of Tasmania Data Infrastructure Pty Ltd (TDI)

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce that it will become a 33% shareholder in Tasmania...

Mawson Infrastructure Group Announces Financial Results for First Quarter 2022

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce business highlights and financial results for the...

Mawson Infrastructure Group Inc. Schedules First Quarter Results Webcast for 5PM ET on May 16, 2022

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, today announced that the company has scheduled a webcast for May 16, 202...

Why Mawson Infrastructure Stock Popped 10%

Investors were pleased with the company's 25 times revenue increase since 2020.

Mawson Infrastructure Group Announces Record FY 2021 Revenue of $43.9 Million, up 886%; Record Gross Profit of $34 Mi...

SYDNEY & NEW YORK CITY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce financial highlights and financial results, ...

Mawson Infrastructure Group Announces Upgrade to Exahash Targets, Financial Results for Fourth Quarter and Full Year ...

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce financial highlights and financial results, for t...

Mawson Infrastructure Group Inc. Schedules Fourth Quarter Results Webcast for 5PM ET March 21st, 2022

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, today announced that the company has scheduled a webcast for March 21st ...

Mawson Infrastructure Group Inc. Announces New 12 Megawatt Hosting Co-location Agreement with Foundry Digital LLC

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce it has signed a new 12 megawatt (MW) hosting co-l...

Mawson Infrastructure Group Inc. Announces New 100 Megawatt Hosting Co-location Agreement, Debt Facility with Celsius...

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce it has signed a new hosting co-location agreement...

Mawson Infrastructure Group Inc. Announces Community Engagement Program in Beaver County, Pennsylvania, USA

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, announces its community engagement program in Beaver County, Pennsylvani...

SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Mawson Infrastructure Group, Inc. for Potential Bre...

NEW YORK, Feb. 22, 2022 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty cl...

Mawson Infrastructure Group Inc. Announces Cosmos Asset Management to Partner with Purpose Investments Inc

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce that Cosmos Asset Management Pty Ltd (“Cosmos AM...

EXCLUSIVE: Mawson Infrastructure January 2022 Bitcoin Production And Operational Update

Mawson Infrastructure Group Inc (NASDAQ:MIGI) disclosed unaudited bitcoin production and operational update for January 2022. What happened: Mawson Infrastructure operationally crossed above the 1 Exaha...

Mawson Infrastructure Group Inc. Announces the Appointment of Heath Donald as Chief Marketing Officer, and Tom Hughes...

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, announces the appointment of Heath Donald as Chief Marketing Officer (CM...

Mawson Infrastructure Group and Voltus Partner to Deliver a 100 Megawatt Virtual Power Plant to PJM in 2022

SAN FRANCISCO & BOSTON--(BUSINESS WIRE)--Voltus, Inc., the leading distributed energy resource (DER) software technology platform, and Mawson Infrastructure Group, Inc. (NASDAQ: MIGI) (“Mawson”), a glob...

Mawson Infrastructure Group Inc. Announces Partnership With Voltus To Deliver Up To 100MW To The PJM Interconnection ...

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce it has partnered with Voltus, the leading distrib...

Mawson Infrastructure Group Inc. to Present at the Sidoti Winter Smallcap Virtual Investor Conference January 20th, 2022

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce it will present at the Sidoti Winter Smallcap Vir...

Mawson Infrastructure Group Inc. to present at B. Riley Securities Crypto Conference on December 8th, 2021

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce it will present at the B. Riley Securities Crypto...

Mawson Infrastructure Group Inc. Joins the Crypto Climate Accord

SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce it has joined the Crypto Climate Accord (“CCA”). The CCA, in...

Mawson Infrastructure: Augmented Mining Could Be a Game Changer

The rapid spread and adoption of cryptocurrency as a viable alternative investment option in financial markets is driving up demand for bitcoin. According to recent JP Morgan (JPM) estimates, the world'...

Mawson Infrastructure Group Inc. Joins the Bitcoin Mining Council

SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce it has joined the Bitcoin Mining Council, a voluntary and op...

Mawson Infrastructure Group Inc. Schedules Third Quarter Results Webcast for 5PM ET November 16th, 2021

SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, today announced that the company has scheduled a webcast for November 16th at 5:00 ...