Mawson Infrastructure Group Inc. BGDE

5.76 (0.48) (7.69%) as of 25 Sep
Market cap
$35.4M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 25.44
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — 1 1 4 — — — — 6 — 5 5
Sell — — — — — — — — — — — —
Insider Ownership 37.54%

Capital & Financial Ratios

Market Cap 35.35
Revenue 27.38
Net Income (22.09)
Free Cash Flow (24.87)
Net Debt 13.76
Current Ratio 0.71
Debt/Equity 2.41
P/E ratio 0.00
P/S ratio 1.17
P/B ratio 2.57
Past 5Y EPS Growth 34.51%
This Y EPS Growth 42.69%
Next Y EPS Growth 94.94%
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2022 Powerpack
2021 Powerpack
2020 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 4 6 13 16
Receivables 12 15 10 9
Inventory — — — —
Other — — 1 —
20 26 27 33
2023 2024 2025 Q'26
Payables 33 39 32 15
ST’ Debt 19 21 25 30
Other — — — —
53 62 59 46
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 54.96% (22.19%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 5 6 — — —
’25 14 10 13 3 40
’24 19 13 12 15 59
’23 8 11 11 14 44
’22 19 20 28 17 84
’21 7 6 11 20 44
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (17) (3) — — —
’25 (1) (2) (1) (3) (7)
’24 2 2 (1) 0 4
’23 1 (6) (1) 2 (3)
’22 6 27 (8) (11) 14
’21 2 6 1 15 23
’20 (1) 1 (1) 1 0
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (17) (3) — — —
’25 (1) (2) (1) (4) (7)
’24 2 1 (1) 0 2
’23 (1) (8) (1) 3 (7)
’22 0 12 (43) (15) (46)
’21 (19) 1 (36) 0 (53)
’20 (1) 0 (2) (3) (6)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.12 (1.33) — — —
’25 (0.40) (8.00) 0.28 (12.13) (20.11)
’24 (23.80) (11.00) (13.20) (4.40) (51.80)
’23 (16.00) (22.40) (23.00) (15.20) (77.20)
’22 (19.20) (3.60) (32.39) (29.44) (83.20)
’21 (107.98) (12.00) (4.80) 27.76 (95.98)
’20 (96.56) (359.86) (59.27) 143.97 (85.55)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
10,368.00 2,016.00 336.00 120.00 72.00 240.00 22.80 8.60 12.40 3.95

Analyst estimates 2026–2028

Powerpack
Low Price
29,088.00 43,200.00 7,320.00 1,464.00 300.00 2,070.00 811.20 87.20 88.00 40.00
High Price
— 1 1 3 3 40 43 30 33 33
Employees
— 0 0 0 1 1 2 1 2 1
Revenue/Emp
— — — — 4 44 84 44 59 40
Revenue
0.00% 0.00% 0.00% 0.00% 29.07% 77.42% 43.46% 34.46% 34.21% 43.63%
Gross Margin
(1) (3) (3) (3) (5) (45) (54) (53) (45) (24)
EBT
0.00% 0.00% 0.00% 0.00% (110.87%) (103.01%) (64.03%) (120.71%) (76.54%) (59.48%)
EBT Margin
(1) (3) (3) (3) (5) (45) (54) (59) (46) (24)
Net Income
0 0 0 0 5 14 65 40 19 7
Depreciation
0.00 0.00 0.00 0.00 75.15 93.48 132.93 55.65 66.49 33.79
Revenue/Sh
(3.80) (1,031.79) (731.85) (443.91) (85.55) (95.98) (83.20) (77.20) (51.80) (20.11)
Earnings/Sh
(2.89) (470.34) (469.79) (234.55) (3.13) 48.92 22.46 (3.25) 4.00 (5.87)
Cash Flow/Sh
0.00 (1.38) (1.06) 0.00 (93.04) (162.21) (94.32) (5.48) (1.26) (0.09)
Capex/Sh
(2.89) (471.72) (470.85) (234.55) (96.16) (113.29) (71.87) (8.73) 2.74 (5.96)
Free CF/Sh
(2.75) (1,068.28) 45.11 60.80 127.79 244.20 119.98 38.81 (3.63) (2.65)
Book Value/Sh
0 0 0 0 0 0 1 1 1 1
Shares
— — — — 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
— — — — 3.35 8.51 0.29 1.09 0.25 0.12
PS Ratio
— — — — 1.97 3.26 0.32 1.56 0.00 0.00
PB Ratio
— — — — 4.40 8.81 0.61 1.43 0.50 0.42
EV/Sales
— — — — (3.44) (7.27) (1.13) (9.12) 12.21 (2.41)
EV/FCF
(1) (1) (2) (2) 0 23 14 (3) 4 (7)
Op' Cash Flow
0 0 0 — (6) (76) (60) (4) (1) 0
Capex
(1) (1) (2) (2) (6) (53) (46) (7) 2 (7)
FCF
(1) (3) 0 1 0 (9) (15) (33) (36) (31)
Working Cap'
1 3 3 0 0 19 28 19 21 25
Total Debt
1 3 (1) 0 (1) 13 27 15 15 12
Net Debt
(1) (3) 0 1 8 115 76 30 (3) (3)
Sh' Equity
(343.07%) (894.28%) (178.64%) (170.43%) (91.76%) (57.98%) (37.87%) (55.41%) (63.10%) (39.80%)
ROA
0.00% 0.00% 0.00% (5,213.82%) (53.56%) (20.85%) (26.65%) (83.20%) (165.01%) (137.10%)
ROIC
57.98% 151.13% 247.38% (1,046.11%) (124.30%) (73.62%) (55.32%) (113.41%) (339.88%) 744.32%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Mawson Infrastructure Group Inc. peers in Capital Markets

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Mawson Infrastructure Group Inc. (BGDE) key facts

  • Mawson Infrastructure Group Inc. (BGDE) is a Capital Markets company in the Financial sector, listed on Nasdaq.
  • Mawson Infrastructure Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $39.8 million, down 32.9% from fiscal 2024.
  • As of September 25, 2026, BGDE traded at $5.76, a market capitalization of $35.4 million.
  • Return on equity was 744.3% and debt-to-equity 2.41.

Source: company filings (standardised) and stockrow calculations.

Mawson Infrastructure Group Inc. (BGDE) Latest News

News by impact score

Fine-tune

13 Aug

4 transcript

Mawson Infrastructure Group Inc (BGDE), operating as Big Digital Energy Inc, highlighted a strategic pivot to AI during its Q2 2026 earnings call. Strategic pivot to AI represents a major move that could significantly alter the company's trajectory and investor sentiment.

10 Jul

4

Mawson Infrastructure Group Inc. (BGDE) via Big Digital Energy is developing a 311 MW AI site in Texas. A 311 MW AI site marks major infrastructure expansion that can materially lift revenue and valuation.

6 Jul

3

Big Digital Energy raises $15 million through insider-linked Series D preferred stock sale. Insider-linked capital raise provides liquidity support with moderate effects on operations.

7 Apr

4

Mawson Infrastructure Group Inc. (MIGI) shares surged 52% after the company reconstituted its board. Board reconstitution drove a 52% share jump, signaling major strategic leadership changes with strong market reaction.

16 Mar

5

Endeavor filed preliminary consent materials seeking to remove the entire board of directors of Mawson Infrastructure Group Inc. (MIGI). Effort to oust entire board signals potential complete leadership overhaul, fundamentally altering company control and long-term prospects.

4 Feb

4

Endeavor has criticized Mawson Infrastructure Group Inc.'s adoption of a poison pill strategy in response to a takeover bid. This defensive measure is intended to deter potential acquirers by making it more difficult for them to gain control of the company. The move has sparked controversy, with Endeavor arguing that it undermines shareholder interests and the potential for a beneficial acquisition. Mawson's board has defended the decision, asserting that it is in the best interest of the company and its stakeholders amid ongoing negotiations. The poison pill defense could significantly alter Mawson's strategic direction and investor sentiment during the takeover battle.

3

Endeavor Group has responded to Mawson Infrastructure Group's recent adoption of a stockholder rights plan, which is designed to protect against hostile takeovers. The plan allows existing shareholders to purchase additional shares at a discount if a potential acquirer exceeds a certain ownership threshold. This move is seen as a defensive strategy by Mawson to maintain control and prevent unwanted acquisitions. The adoption of a stockholder rights plan may moderately influence investor sentiment and the company's competitive positioning.

3 Feb

4

Mawson Infrastructure Group Inc. has implemented a poison pill strategy to thwart a takeover attempt by Endeavor Blockchain. This defensive measure aims to protect the company from hostile acquisition efforts, ensuring that shareholders retain control over the company's future direction. The move reflects Mawson's commitment to maintaining its independence amidst increasing interest from potential acquirers in the blockchain sector. The adoption of a poison pill strategy indicates a significant defensive maneuver that could alter investor sentiment and the company's strategic direction.

22 Jan

3

Endeavor has responded to a lawsuit filed by Mawson Infrastructure Group Inc. (MIGI), which alleges breach of contract and seeks damages. The lawsuit centers on claims related to a partnership agreement between the two companies. Endeavor's response denies the allegations and asserts that Mawson's claims are without merit. The legal dispute highlights ongoing tensions between the two firms and could have implications for their future business dealings. The lawsuit may affect key areas of Mawson's operations and market sentiment but is not expected to fundamentally alter its trajectory.

31 Dec

4

Mawson Infrastructure Group Inc. has initiated adversary proceedings in the U.S. Bankruptcy Court, signaling potential legal challenges as the company navigates its financial difficulties. This move may impact its restructuring efforts and overall operations. Adversary proceedings in bankruptcy court can significantly affect the company's restructuring process and investor sentiment.

21 Nov

3

Mawson Infrastructure Group Inc. (MIGI) experienced a staggering 2,600% stock surge despite the ongoing crash in Bitcoin prices. This dramatic increase has raised eyebrows and sparked speculation about the underlying reasons for such a rise in value, particularly in a bearish cryptocurrency market. Investors are closely monitoring the situation as the company navigates the volatile landscape of digital assets and infrastructure. The significant stock surge may influence investor sentiment and financial performance, but it is not expected to fundamentally alter the company's trajectory.

14 Sep

4

A judge has ordered Mawson Infrastructure Group Inc. to post a $1.5 million bond in its Chapter 11 bankruptcy case, indicating potential issues with the company's financial disclosures and operations. The judge expressed concerns about the company's management and the legitimacy of its claims, suggesting that there may be significant problems that need to be addressed. This ruling could impact the company's restructuring efforts and future operations. The judge's order for a substantial bond reflects serious concerns about the company's financial practices and could significantly affect its restructuring process.

7 Jun

3

Mawson Infrastructure Group (MIGI) has placed CEO Rahul Mewawalla on administrative leave and is considering terminating his employment for cause. Kaliste Saloom has been appointed as Interim CEO. Meanwhile, Strategy (MSTR) has purchased 705 bitcoin, increasing its total holdings to 580,955 bitcoin. Trump Media has filed for a Bitcoin ETF and raised $2.3 billion for a bitcoin treasury. Analysts have noted a valuation disparity between GameStop and Strategy regarding their bitcoin investments. The leadership change at Mawson Infrastructure could moderately influence its operational direction and market perception.

17 Nov

3

Mawson Infrastructure Group's third quarter 2024 earnings miss expectations with revenue up 8.7% but net loss narrowed by 36%. The financial results are moderately noticeable and may affect the company's financial performance.

20 Aug

4

Gateway Group announced the lineup for the AI, Blockchain, and Digital Infrastructure Track at the 2024 Gateway Conference featuring Mawson Infrastructure Group Inc. and other innovative companies. The conference showcases leading companies in AI, blockchain, and digital infrastructure, which could have a significant impact on Mawson Infrastructure Group Inc.'s future and market performance.

14 Aug

4

Mawson Infrastructure Group Inc. to join World Summit AI in October 2024 with CEO Rahul Mewawalla representing the company. Participation in World Summit AI and expansion into AI and HPC markets could significantly impact Mawson's future growth and competitive positioning.

12 Aug

4

Mawson Infrastructure Group Inc. signs AI/HPC colocation agreement for 20 MW with potential revenue of $285 million over 6 years. The agreement has the potential to significantly impact Mawson's future earnings and market positioning.

6 Aug

3

Mawson Infrastructure Group Inc. to present at the 2024 Gateway Conference in San Francisco, CA. The presentation at the conference may moderately influence investor sentiment and market positioning.

18 Jul

4

Mawson Infrastructure Group Inc. reported significant revenue growth in digital colocation and energy management businesses, completed a facility expansion, and entered into a digital colocation agreement to mine Kaspa. The article highlights major strategic moves, significant revenue growth, and expansion initiatives that are expected to significantly impact the company's trajectory and investor sentiment.

17 Jul

4

Mawson Infrastructure Group Inc. announces new hires to drive growth initiatives across AI, HPC, and corporate functions. The addition of key personnel in strategic areas like finance, legal, and human resources is likely to have a significant impact on Mawson's future growth and operational capabilities.

25 Jun

4

Mawson Infrastructure Group completes expansion of its Midland, Pennsylvania facility, increasing total operational capacity to 129 MW and 41,530 miners. Expansion of facilities and increase in operational capacity are expected to have a significant impact on Mawson Infrastructure Group's future performance and market positioning.

20 Jun

4

Mawson Infrastructure Group Inc. reported significant revenue growth in its digital co-location and energy management businesses in May 2024, with total revenue up 19% year-over-year. The company also provided updates on facility expansion and upcoming conferences. The significant revenue growth and expansion plans are expected to have a significant impact on Mawson Infrastructure Group Inc.'s future performance and market positioning.

18 Jun

4

Mawson Infrastructure Group Inc. expands digital co-location business by 24% to about 31,164 miners and 102 MW, signing a new 20 MW customer agreement. The expansion of digital co-location services and signing of a new customer agreement are significant moves that could alter the company's trajectory and investor sentiment.

15 May

4

Mawson Infrastructure Group Inc. reports significant revenue growth in Q1 2024. The financial results and strategic plans outlined in the article indicate a significant impact on Mawson Infrastructure Group Inc.'s future performance and market trajectory.

9 May

4

Mawson Infrastructure Group hires Head of Corporate Strategy and Head of Corporate Development to drive growth and transformation. The hiring of key executives for strategic growth initiatives and ecosystem consolidation opportunities is expected to significantly impact Mawson's future trajectory and market performance.

30 Apr

4

Mawson Infrastructure Group plans to expand Midland, Pennsylvania facilities to 120 MW and increase miner capacity to 38,810 miners. Expansion plans to significantly increase capacity and miner count, impacting future growth and market performance.

18 Apr

4

Mawson Infrastructure Group Inc. reported a doubling of total revenue in March 2024, with significant growth in self-mining and co-location business revenue. The significant revenue growth and expansion of business operations are expected to have a significant impact on the company's future performance.

15 Apr

4

Mawson Infrastructure Group Inc. appoints Ryan Costello as the new Board Chair. The appointment of a new Board Chair signifies a significant strategic move that could alter the company's trajectory and investor sentiment.

3 Apr

3

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) is expected to breakeven in the medium-term with analysts projecting positive profits in 2025. The article discusses the potential impact of breakeven and profit projections on the company's financial performance.

1 Apr

4

Mawson Infrastructure Group Inc. reports Q4 and Fiscal Year 2023 financial results with significant revenue growth in co-location and energy management businesses. The financial results show significant revenue growth and operational progress, indicating a potential impact on the company's future performance.

stockrow.com/BGDE · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com