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Sep 30, 2024

Mawson Q3 2024 Earnings Report

Reported strong revenue growth, with total monthly revenue increasing year-over-year and month-over-month.

Key Takeaways

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.

Total monthly revenue grew 49% year-over-year from October 2023.

Total monthly revenue increased 18% month-over-month from September 2024.

Digital Colocation Monthly Revenue grew 18% month-over-month from September 2024.

Digital Assets Mining Monthly Revenue grew 25% month-over-month from September 2024.

Total Revenue
$12.3M
Previous year: $11.3M
+8.7%
EPS
-$0.66
Previous year: -$1.15
-42.6%
Gross Profit
$4.32M
Previous year: $3.62M
+19.4%
Cash and Equivalents
$5.76M
Previous year: $1.5M
+284.7%
Free Cash Flow
-$1.28M
Previous year: -$1.03M
+24.2%
Total Assets
$60.8M
Previous year: $87.8M
-30.8%

Mawson

Mawson