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Mar 31, 2024
Mawson Q1 2024 Earnings Report
Mawson's Q1 2024 financial performance showed significant revenue growth and cost optimization.
Key Takeaways
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.
Total revenue increased by 145% year-over-year and 34% quarter-over-quarter.
Co-location business revenue increased by 90% year-over-year and 83% quarter-over-quarter.
Energy Management business revenue increased by 461% year-over-year and 2% quarter-over-quarter.
SG&A expenses were reduced by 30% year-over-year and 19% quarter-over-quarter.
Mawson
Mawson
Mawson Revenue by Segment
Revenue by Segment
Digital Colocation Revenue
CapyFin.comEnergy Management Revenue
CapyFin.comDigital Assets Mining Revenue
CapyFin.comEquipment Sales Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income