NASDAQ$BGDE

Mawson Infrastructure Group Inc. · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Mawson's Q1 2024 financial performance showed significant revenue growth and cost optimization.

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.

Headline financials

Total Revenue

$18.8M

Previous: $7.67M+144.7%
EPS (adj)

-$1.19

Previous: -$0.80-48.7%
Capital Expenditures

-$19.4K

Previous: $3.15M-100.6%
Net Income

-$19.8M

Previous: -$11.4M-73.7%
Operating Income

-$9.38M

Previous: -$11M+14.9%
Gross Profit

-$1.01M

Previous: $2.99M-133.9%
Stock-Based Comp

$4.9M

Previous: $1.07M+358.8%

Revenue & EPS history

Mawson · Revenue · Quarterly

$18.8M

Q1 2024+144.7%vs Q1 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Mawson · $4.82M total across 3 segments · Q1 2026

  • Digital Colocation
    $3.51M
  • Energy Management
    $1.19M
  • Digital Assets Mining
    $119K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-2.1%

Avg return

Earnings day

-3.7%

Avg return

5 days after

-2.1%

Avg return

30 days after

29%

12 / 42 earnings

Positive

+46.6%

Q3 2019

Best reaction

-53.7%

Q1 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-3.6%-20.2%-21.9%
Q3 2025-6.8%-49.2%-56.2%
Q2 2025-6.4%-12.8%-14.9%
Q1 2025+5.1%-1.7%-33.9%
Q4 2024+30.6%+52.2%+26.1%
Q3 2024-9.2%-6.5%-48.9%
Q2 2024+1.4%+19.6%-10.9%
Q1 2026-1.8%+2.7%+51.4%
Q1 2024-0.9%+14.5%+52.7%
Q4 2023-19.6%-17.0%-17.0%
Q3 2023-12.7%-5.5%+118.2%
Q2 2023-30.3%-55.0%-41.4%
Q1 2023-5.5%-16.7%-13.0%
Q4 2022+3.1%-4.7%-1.2%
Q3 2022-1.3%-7.5%-27.5%
Q2 2022-6.9%+2.7%-13.7%
Q1 2022+9.1%-7.5%-33.5%
Q4 2021-6.7%+5.6%-9.0%
Q3 2021-13.3%-13.2%-39.6%
Q2 2021-5.7%-23.8%+44.3%
Q1 2021-16.4%-12.8%-8.1%
Q4 2020-0.9%-27.3%-8.2%
Q3 2020-16.2%-11.1%-33.3%
Q2 2020+0.3%+0.0%-4.8%
Q1 2020-13.8%-10.0%+20.0%
Q4 2019+45.7%+66.7%+66.7%
Q3 2019+46.6%+35.3%+41.2%
Q2 2019+29.4%+5.9%+0.0%
Q1 2019-9.5%+0.0%-22.2%
Q4 2018+7.1%+7.1%+12.9%
Q3 2018+1.7%+0.0%-59.6%
Q2 2018-28.9%-20.0%-24.4%
Q1 2018-0.3%-0.5%-3.0%
Q4 2017-6.4%-6.4%+59.1%
Q3 2017-9.1%-10.7%-42.9%
Q2 2017+0.0%+0.0%+0.0%
Q1 2017-53.7%-50.0%-70.6%
Q4 2016+0.0%+28.6%+0.0%
Q3 2016+0.0%+0.0%+0.0%
Q2 2016+0.0%+0.0%+81.8%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014+20.0%
Q3 2014
Q2 2014
Q4 2013
Q1 2014
Q3 2013-4.0%
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q2 2010
Q1 2011
Q4 2010
Q3 2010
Q1 2010

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