Mawson Infrastructure Group Inc
Mawson Infrastructure Group Inc. develops and operates digital infrastructure for digital currency on the bitcoin blockchain network in the United States. It engages in digital currency or bitcoin self-mining, customer co-location and related services, and energy markets, as well as operates data center facilities. The company is based in Midland, Pennsylvania.
Mawson Infrastructure Group Inc (MIGI) - Net Assets
Latest net assets as of September 2025: $-9.40 Million USD
Based on the latest financial reports, Mawson Infrastructure Group Inc (MIGI) has net assets worth $-9.40 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($52.02 Million) and total liabilities ($61.42 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-9.40 Million |
| % of Total Assets | -18.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | -142.72% |
| 10-Year Change | N/A |
| Growth Volatility | 611.19 |
Mawson Infrastructure Group Inc - Net Assets Trend (2007–2024)
This chart illustrates how Mawson Infrastructure Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mawson Infrastructure Group Inc (2007–2024)
The table below shows the annual net assets of Mawson Infrastructure Group Inc from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-3.24 Million | -110.66% |
| 2023-12-31 | $30.38 Million | -60.11% |
| 2022-12-31 | $76.17 Million | -33.53% |
| 2021-12-31 | $114.58 Million | +1411.30% |
| 2020-12-31 | $7.58 Million | +1317.12% |
| 2019-12-31 | $535.00K | +152.36% |
| 2018-12-31 | $212.00K | +106.84% |
| 2017-12-31 | $-3.10 Million | -272.80% |
| 2016-12-31 | $-831.00K | +74.67% |
| 2015-12-31 | $-3.28 Million | -94.14% |
| 2014-12-31 | $-1.69 Million | -1115.83% |
| 2013-12-31 | $-139.00K | -108.60% |
| 2012-12-31 | $1.62 Million | -49.72% |
| 2011-12-31 | $3.22 Million | +5745.47% |
| 2007-12-31 | $-56.97K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mawson Infrastructure Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 22862084100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.79K | % |
| Other Comprehensive Income | $198.62K | % |
| Other Components | $225.34 Million | % |
| Total Equity | $-3.24 Million | 100.00% |
Mawson Infrastructure Group Inc Competitors by Market Cap
The table below lists competitors of Mawson Infrastructure Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EVERYBODY LOVES LANGUAGES
F:VB6
|
$1.27 Million |
|
Birdie Win Corporation
PINK:BRWC
|
$1.27 Million |
|
MICROSTRATEGY-A
BE:MIGA
|
$1.27 Million |
|
Manchester Building Society 6.75% PIBS
LSE:MBSP
|
$1.27 Million |
|
Tomer Energy Royalties 2012 Ltd
TA:TOEN
|
$1.27 Million |
|
ELIA SYSTEM OP. (E4S.SG)
STU:E4S
|
$1.27 Million |
|
Knusford Bhd
KLSE:5035
|
$1.27 Million |
|
ESGL Holdings Limited Warrants
NASDAQ:ESGLW
|
$1.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mawson Infrastructure Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,238,044 to -3,238,837, a change of -32,476,881 (-111.1%).
- Net loss of 46,132,000 reduced equity.
- Other comprehensive income decreased equity by 410,063.
- Other factors increased equity by 14,065,182.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-46.13 Million | -1424.34% |
| Other Comprehensive Income | $-410.06K | -12.66% |
| Other Changes | $14.07 Million | +434.27% |
| Total Change | $- | -111.08% |
Book Value vs Market Value Analysis
This analysis compares Mawson Infrastructure Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $-436.59 | $2.60 | x |
| 2007-12-31 | $-647.34 | $2.60 | x |
| 2008-12-31 | $-1009.73 | $2.60 | x |
| 2009-12-31 | $-968.31 | $2.60 | x |
| 2010-12-31 | $-1218.05 | $2.60 | x |
| 2012-12-31 | $4266.49 | $2.60 | x |
| 2013-12-31 | $-382.92 | $2.60 | x |
| 2014-12-31 | $-4655.65 | $2.60 | x |
| 2015-12-31 | $-9038.57 | $2.60 | x |
| 2016-12-31 | $-329.89 | $2.60 | x |
| 2017-12-31 | $-1080.95 | $2.60 | x |
| 2018-12-31 | $45.03 | $2.60 | x |
| 2019-12-31 | $61.03 | $2.60 | x |
| 2020-12-31 | $128.63 | $2.60 | x |
| 2021-12-31 | $244.56 | $2.60 | x |
| 2022-12-31 | $6.07 | $2.60 | x |
| 2023-12-31 | $37.34 | $2.60 | x |
| 2024-12-31 | $-3.63 | $2.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mawson Infrastructure Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -77.84%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-148.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $13.80K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.85K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-18.75K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $12.17K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.26K |
| 2012 | -115.21% | 0.00% | 0.00x | 1.41x | $-2.02 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.82 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.03 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.15 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.06 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.66 Million |
| 2018 | -1546.70% | 0.00% | 0.00x | 16.05x | $-3.30 Million |
| 2019 | -644.86% | -396.30% | 0.74x | 2.20x | $-3.50 Million |
| 2020 | -66.16% | -113.16% | 0.45x | 1.29x | $-5.80 Million |
| 2021 | -39.19% | -102.51% | 0.30x | 1.27x | $-56.44 Million |
| 2022 | -68.46% | -62.53% | 0.63x | 1.73x | $-60.47 Million |
| 2023 | -200.24% | -134.36% | 0.51x | 2.90x | $-61.47 Million |
| 2024 | 0.00% | -77.84% | 0.96x | 0.00x | $-45.81 Million |
Industry Comparison
This section compares Mawson Infrastructure Group Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mawson Infrastructure Group Inc (MIGI) | $-9.40 Million | 0.00% | N/A | $1.27 Million |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |