Mawson Infrastructure Group reported a 49% year-over-year increase in total monthly revenue for October 2024, along with an 18% increase compared to September 2024. The company continues to advance its innovative approach to providing digital infrastructure platforms and solutions.
Mawson Infrastructure Group reported a 24% year-over-year increase in total revenue for Q2 2024. The digital colocation business saw a 77% revenue increase, and the energy management business grew by 70%. The company also reduced SG&A expenses by 42% year-over-year.
Mawson Infrastructure Group reported a 145% year-over-year increase and a 34% quarter-over-quarter increase in total revenue for Q1 2024. The company also optimized and reduced SG&A expenses by 30% year-over-year.
Mawson Infrastructure Group reported financial results for Q4 and full year 2022, highlighting the expansion of their Pennsylvania facilities and the sale of a non-core facility.
Mawson Infrastructure Group reported record full year 2021 revenue of $43.9 million, up 886% vs FY 2020, and a record gross profit of $34.0 million, up 2,526% vs FY 2020. The company also upgraded its Exahash targets.