Mawson Infrastructure Group, Inc. (MIGI)

NASDAQ: MIGI · IEX Real-Time Price · USD
3.30
-0.29 (-8.08%)
At close: Mar 24, 2023, 4:00 PM
3.40
+0.10 (3.03%)
After-hours: Mar 24, 2023, 6:17 PM EDT
-8.08%
Market Cap 46.29M
Revenue (ttm) 84.39M
Net Income (ttm) -52.76M
Shares Out 14.03M
EPS (ttm) -4.16
PE Ratio n/a
Forward PE 5.53
Dividend n/a
Ex-Dividend Date n/a
Volume 168,652
Open 3.70
Previous Close 3.59
Day's Range 3.06 - 3.88
52-Week Range 1.14 - 33.78
Beta 3.56
Analysts Buy
Price Target 7.65 (+131.82%)
Earnings Date May 15, 2023

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
Sector Financials
Founded 2012
Employees 40
Stock Exchange NASDAQ
Ticker Symbol MIGI
Full Company Profile

Financial Performance

In 2022, MIGI's revenue was $84.39 million, an increase of 92.39% compared to the previous year's $43.86 million. Losses were -$52.76 million, 17.3% more than in 2021.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MIGI stock is "Buy." The 12-month stock price forecast is $7.65, which is an increase of 131.82% from the latest price.

Price Target
$7.65
(131.82% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mawson Infrastructure Group Reports Full Year 2022 Financial Results; Select Financial Highlights for FY 2022 compared to FY 2021

SHARON, Pa.--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson”), a digital infrastructure provider, reports financial results and highlights for the fourth quarter and full ye...

3 days ago - Business Wire

Mawson Infrastructure Group Inc. Schedules Fourth Quarter and Year End Results Webcast for 5:00 p.m. ET on March 23, 2023

SHARON, Pa. & SYDNEY, Australia--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, today announced that the company has sc...

5 days ago - Business Wire

Mawson Infrastructure Group Inc. Confirms No Exposure to Silvergate Capital and SVB, Transfers All Assets Away from Signature

SHARON, Pa.--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, communicates to the market that it doesn't have any histori...

1 week ago - Business Wire

Mawson Infrastructure Group Inc. Announces February 2023 Operational Update

SHARON, Pa.--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announced today its unaudited Bitcoin production and operat...

2 weeks ago - Business Wire

Mawson Infrastructure Group Inc. Expands Midland Facility to 120 MW

SHARON, Pa.--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson'' or the “Company”), a digital infrastructure provider, announces today that it has signed a lease amendment for i...

3 weeks ago - Business Wire

Mawson Infrastructure Group Inc. Relocating 5,376 ASIC Miners to Pennsylvania Sites

SHARON, Penn.--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announces today that it has closed its facility in Condon...

1 month ago - Business Wire

Mawson Infrastructure Group Inc. Announces January 2023 Operational Update

SHARON, Pa.--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announced today its unaudited Bitcoin production and operat...

1 month ago - Business Wire

Mawson Infrastructure Group Inc. Expands Midland, PA Facility by 100% to 100MW

SHARON, Pa.--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announces today that it has installed 2 additional substati...

1 month ago - Business Wire

Mawson Infrastructure Group Inc. Breaks Ground on Sharon, PA 120 MW Bitcoin Mining Facility

SHARON, Pa.--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announced today that it has broken ground on the Company's ...

1 month ago - Business Wire

Mawson Infrastructure Group Inc. Announces Results of Reverse Stock Split Vote

Mawson Infrastructure Group Inc. Announces Results of Reverse Stock Split Vote

1 month ago - Business Wire

Mawson Infrastructure Group Inc Announces Board Appointment

SHARON, Pa. & SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announced today the appointment of Mr. Rahul Mew...

1 month ago - Business Wire

Mawson Infrastructure Group Inc Announces December 2022 Operational Update

SHARON, Pa. & SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announced today its unaudited Bitcoin production...

2 months ago - Business Wire

Mawson Infrastructure Group Inc. Announces November 2022 Operational Update

SHARON, Pa. & SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announces unaudited Bitcoin production and opera...

3 months ago - Business Wire

Mawson Infrastructure Group, Inc. Announces Financial Results for Third Quarter 2022

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

4 months ago - Business Wire

Mawson Infrastructure Group Inc. Schedules Third Quarter Results Webcast for 5:00 p.m. ET on November 14, 2022

ATLANTA & 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 1...

4 months ago - Business Wire

Mawson Infrastructure Group Inc. Announces September 2022 Operational Update

ATLANTA & SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announces unaudited Bitcoin production and operational...

5 months ago - Business Wire

Mawson Infrastructure Group Inc. Announces Completion of the Previously Announced Sale of Its Sandersville, Georgia Facility and 6,468 ASIC's to CleanSpark, Inc. for up to Approximately $40 Million1

ATLANTA & SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, today announced it has closed on the previously announced transaction w...

Other symbols: CLSK
5 months ago - Business Wire

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Other symbols: FATFLUXINTTMGLDSCMUTI
6 months ago - InvestorPlace

Mawson Infrastructure Group Inc Announces August 2022 Operational Update

ATLANTA & SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announces unaudited Bitcoin production and operational...

6 months ago - Business Wire

Mawson Infrastructure Group Inc. to Sell Sandersville, Georgia Bitcoin Mining Facility Including 6468 ASIC Bitcoin Miners to CleanSpark, Inc. for up to $42.5 Million

ATLANTA & SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, today announced it has entered into definitive agreements with CleanSpa...

Other symbols: CLSK
7 months ago - Business Wire

Mawson Infrastructure Group Inc. Announces July 2022 Bitcoin Self-Mining, Hosting Co-location, Energy Demand Response and Operational Update

ATLANTA & SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, announces unaudited Bitcoin production and operational update for July ...

7 months ago - Business Wire

Mawson Infrastructure Group Announces Financial Results for Second Quarter 2022

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

7 months ago - Business Wire

Mawson Infrastructure Group Inc. Schedules Second Quarter Results Webcast for 5:30 p.m. ET on August 22, 2022

ATLANTA & SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, today announced that the company has scheduled a webcast for August 22,...

7 months ago - Business Wire

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 ...

8 months ago - Business Wire

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 in...

8 months ago - Business Wire