NASDAQ$BGDE

Mawson Infrastructure Group Inc. · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and full year ended December 31, 2022.

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.

  • Expanded Pennsylvania facilities to 240MW capacity or approximately 8 Exahash.
  • Completed the sale of a non-core facility to CleanSpark for $40M.
  • Intends to expand Pennsylvanian facilities with a mixture of self-mining and hosting throughout 2023 and into 2024.
  • Vertically integrated model promotes the global transition to the new digital economy.

Headline financials

Total Revenue

$16.9M

Previous: $19.7M-14.3%
EPS (adj)

-$1.34

Previous: -$3.18+57.9%
Capital Expenditures

$12.9M

Previous: $45.9M-72.0%
Free Cash Flow

-$23.7M

Previous: -$31.3M+24.1%
Net Income

-$15.7M

Previous: $2.3M-784.3%
Operating Income

-$13.7M

Previous: $4.4M-411.4%
Gross Profit

$36.6M

Previous: $34M+7.6%
Cash & Equivalents

$946K

Previous: $5.47M-82.7%
Total Assets

$133M

Previous: $145M-8.2%
Stock-Based Comp

$888K

Previous: $711K+24.8%

Revenue & EPS history

Mawson · Revenue · Quarterly

$16.9M

Q4 2022-14.3%vs Q4 2021
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

Forward guidance

Mawson intends to expand its Pennsylvanian facilities with a mixture of self-mining and hosting throughout 2023 and into 2024.

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 Q4 2022

Historical avgQ4 2022

-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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