Argo Blockchain PLC
NASDAQ:ARBK
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| UK |
|
Argo Blockchain PLC
LSE:ARB
|
5.8m GBP |
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|
| US |
|
Ezenia! Inc
OTC:EZEN
|
567B USD |
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|
|
| US |
|
Palantir Technologies Inc
NASDAQ:PLTR
|
377.1B USD |
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|
|
| DE |
|
SAP SE
XETRA:SAP
|
201.9B EUR |
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|
|
| US |
|
Salesforce Inc
NYSE:CRM
|
188.4B USD |
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|
|
| US |
|
Applovin Corp
NASDAQ:APP
|
169.6B USD |
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|
|
| US |
|
Intuit Inc
NASDAQ:INTU
|
132.7B USD |
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|
|
| US |
|
Adobe Inc
NASDAQ:ADBE
|
118.3B USD |
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|
|
| US |
N
|
NCR Corp
LSE:0K45
|
109B USD |
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|
|
| US |
|
Synopsys Inc
NASDAQ:SNPS
|
83.7B USD |
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|
|
| US |
|
Cadence Design Systems Inc
NASDAQ:CDNS
|
80.8B USD |
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|
Market Distribution
| Min | -1 510% |
| 30th Percentile | 0.4% |
| Median | 0.5% |
| 70th Percentile | 0.7% |
| Max | 7 323.1% |
Other Profitability Ratios
Argo Blockchain PLC
Glance View
Argo Blockchain Plc operates as a blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. Argo is a mining-as-a-software (MaaS) service provider that makes it easy for clients to mine Bitcoin Gold, Ethereum, and other alternative coins (altcoins) through the cloud. The Company’s mining infrastructure is located at multiple sites in Quebec, Canada and comprise approximately 18,000 mining machines.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Argo Blockchain PLC is -2.9%, which is above its 3-year median of -3%.
Over the last 3 years, Argo Blockchain PLC’s Gross Margin has increased from -5.4% to -2.9%. During this period, it reached a low of -72.8% on Dec 31, 2022 and a high of 12.2% on Jun 30, 2024.
