Friday 6 November 2026
Export BGDE’s income statement to Excel — free account
Mawson Infrastructure Group Inc.
BGDE Financial Capital Markets
Mawson Infrastructure Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $39.8 million, down 32.9% from fiscal 2024.
- Revenue
- −35.5%
- EPS
- +83.4%
- Free cash flow
- −56.8%
- Total debt
- +30.0%
Quarter to June 2026, against a year earlier
2.58
0.19
−6.86%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | 4 | 44 | 84 | 44 | 59 | 40 | 27 | +55.0% | 21 | 20 | — | (28.4%) | |
| Gross margin, % | 0.00 | 0.00 | 0.00 | 0.00 | 29.07 | 77.42 | 43.46 | 34.46 | 34.21 | 43.63 | 36.89 | +43.6 pt | ||||||
| EBT | (1) | (3) | (3) | (3) | (5) | (45) | (54) | (53) | (45) | (24) | (22) | +40.1% | ||||||
| EBT margin, % | 0.00 | 0.00 | 0.00 | 0.00 | (110.87) | (103.01) | (64.03) | (120.71) | (76.54) | (59.48) | (80.38) | (59.5) pt | ||||||
| Net income | (1) | (3) | (3) | (3) | (5) | (45) | (54) | (59) | (46) | (24) | (22) | +40.1% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 75.15 | 93.48 | 132.93 | 55.65 | 66.49 | 33.79 | 4.93 | n/m | |||||
| Earnings | (3.80) | (1,031.79) | (731.85) | (443.91) | (85.55) | (95.98) | (83.20) | (77.20) | (51.80) | (20.11) | (13.05) | +20.3% | ||||||
| Cash flow | (2.89) | (470.34) | (469.79) | (234.55) | (3.13) | 48.92 | 22.46 | (3.25) | 4.00 | (5.87) | (4.46) | +8.2% | ||||||
| Capex | 0.00 | (1.38) | (1.06) | 0.00 | (93.04) | (162.21) | (94.32) | (5.48) | (1.26) | (0.09) | (0.02) | n/m | ||||||
| Free cash flow | (2.89) | (471.72) | (470.85) | (234.55) | (96.16) | (113.29) | (71.87) | (8.73) | 2.74 | (5.96) | (4.48) | +8.4% | ||||||
| Book value | (2.75) | (1,068.28) | 45.11 | 60.80 | 127.79 | 244.20 | 119.98 | 38.81 | (3.63) | (2.65) | 2.24 | (0.4%) | ||||||
| Shares, m | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 3 | +16.3% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | — | 3.35 | 8.51 | 0.28 | 1.09 | 0.25 | 0.12 | 0.52 | 2.3 | ||||||
| P/B | — | — | — | — | 1.97 | 3.26 | 0.32 | 1.56 | 0.00 | 0.00 | 1.15 | 1.2 | ||||||
| EV/Sales | — | — | — | — | 4.40 | 8.81 | 0.61 | 1.43 | 0.50 | 0.42 | — | 2.7 | ||||||
| EV/FCF | — | — | — | — | (3.44) | (7.27) | (1.13) | (9.12) | 12.21 | (2.41) | — | (1.9) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | (1) | (1) | (2) | (2) | 0 | 23 | 14 | (3) | 4 | (7) | (25) | +25.8% | |||||
| Capex | 0 | 0 | 0 | — | (6) | (76) | (60) | (4) | (1) | 0 | 0 | +68.5% | ||||||
| Free cash flow | (1) | (1) | (2) | (2) | (6) | (53) | (46) | (7) | 2 | (7) | (25) | +26.0% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (1) | (3) | 0 | 1 | 0 | (9) | (15) | (33) | (36) | (31) | (14) | +51.4% | |||||
| Net debt | 1 | 3 | (1) | 0 | (1) | 13 | 27 | 15 | 15 | 12 | 14 | +39.4% | ||||||
| Shareholders’ equity | (1) | (3) | 0 | 1 | 8 | 115 | 76 | 30 | (3) | (3) | 12 | +15.8% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (343.07) | (894.28) | (178.64) | (170.43) | (91.76) | (57.98) | (37.87) | (55.41) | (63.10) | (39.80) | (39.28) | +303.3 pt | |||||
| ROIC | 0.00 | 0.00 | 0.00 | (5,213.82) | (53.56) | (20.85) | (26.65) | (83.20) | (165.01) | (137.10) | (66.18) | (137.1) pt | ||||||
| ROE | 57.98 | 151.13 | 247.38 | (1,046.11) | (124.30) | (73.62) | (55.32) | (113.41) | (339.88) | 744.32 | (1,076.31) | +686.3 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | 1 | 1 | 3 | 3 | 40 | 43 | 30 | 33 | 33 | — | +54.8% | |||||
| Revenue/emp, $m | — | 0.00 | 0.00 | 0.00 | 1.48 | 1.10 | 1.96 | 1.45 | 1.80 | 1.20 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026
Mawson Infrastructure Group Inc. vs peers in Capital Markets (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| FLD Fold Holdings, Inc. | $26.6M | — (loss-making) | — (loss-making) | −25.51% (below 0%: shrinking) | n/m | +812.60% (above 0%: growing) | 3.98% | (127.57%) | Compare |
| ARBK Argo Blockchain PLC Sponsored ADR | $22.5M | — (loss-making) | — (loss-making) | −70.04% (below 0%: shrinking) | n/m | −128.72% (below 0%: shrinking) | (22.79%) | (57.47%) | Compare |
| ATCH AtlasClear Holdings, Inc. | $19.8M | 10.2× | — | +136.82% (above 0%: growing) | n/m | −163.33% (below 0%: shrinking) | 100.00% | (53.57%) | Compare |
| PLUT Plutus Financial Group Limited | $18.9M | — | — | — | — | — | — | — | Compare |
| TAOX Tao Synergies Inc. | $18.9M | — (loss-making) | — (loss-making) | +2,115.00% (above 0%: growing) | n/m | −16.79% (below 0%: shrinking) | 100.00% | (1,771.11%) | Compare |
| MDBH MDB Capital Holdings, LLC | $15.7M | — (loss-making) | — | +70.95% (above 0%: growing) | n/m | −21.65% (below 0%: shrinking) | 100.00% | 1,110.51% | Compare |
| BGDE Mawson Infrastructure Group Inc. | $15.1M | — (loss-making) | — (loss-making) | −35.46% (below 0%: shrinking) | n/m | −56.83% (below 0%: shrinking) | 26.14% | (102.37%) | |
| NCPL Netcapital Inc. | $10.2M | — (loss-making) | — | −38.24% (below 0%: shrinking) | n/m | +25.34% (above 0%: growing) | 98.09% | (2,305.73%) | Compare |
| MEGL Magic Empire Global Limited | $8.0M | — | — | — | — | — | — | — | Compare |
| Median of peers | $18.9M | — | — | +22.72% | — | −19.22% | 99.05% | (92.52%) |
Pay and ownership Proxy statement filed 23 October 2026
Ownership
Directors and executive officers, together
50.20%
Endeavor Group
38.40%
Joshua A. Kilgore
36.30%
Cody R. Smith
12.00%
Phil Stanley
10.80%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement