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Mawson Infrastructure Group
(NASDAQ:MIGI)
Mawson Infrastructure Group (MIGI) vs. SPDR S&P 500 ETF (SPY)
Mawson Infrastructure Group Business Overview & Revenue Model
Mawson Infrastructure Group Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 51.59M | 59.27M | 43.57M | 84.39M | 43.86M | 4.45M |
| Gross Profit | 21.73M | 20.28M | 15.01M | 36.67M | 33.96M | 1.29M |
| EBITDA | -2.15M | -23.43M | -10.03M | 16.85M | -4.59M | -1.19M |
| Net Income | -12.53M | -46.13M | -58.55M | -52.76M | -44.96M | -5.03M |
Balance Sheet | ||||||
| Total Assets | 52.02M | 61.44M | 84.77M | 133.33M | 145.29M | 9.81M |
| Cash, Cash Equivalents and Short-Term Investments | 2.28M | 6.09M | 4.48M | 946.26K | 5.47M | 1.11M |
| Total Debt | 27.28M | 25.28M | 21.87M | 31.26M | 22.97M | 349.62K |
| Total Liabilities | 61.42M | 64.68M | 54.38M | 57.16M | 30.71M | 2.23M |
| Stockholders Equity | -9.40M | -3.24M | 29.24M | 77.07M | 114.75M | 7.61M |
Cash Flow | ||||||
| Free Cash Flow | -3.07M | 1.60M | -7.90M | -67.78M | -105.22M | -5.70M |
| Operating Cash Flow | -2.98M | 3.56M | -2.55M | 14.26M | 22.95M | -185.10K |
| Investing Cash Flow | -91.19K | -1.12M | 10.74M | -32.54M | -128.25M | -5.54M |
| Financing Cash Flow | -413.18K | -830.07K | -4.65M | 13.99M | 109.85M | 6.23M |
Mawson Infrastructure Group Technical Analysis
Mawson Infrastructure Group Risk Analysis
Mawson Infrastructure Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $5.59B | 23.22 | 51.98% | 3.71% | 51.19% | 456.59% | |
71 Outperform | $8.19B | 25.89 | 91.85% | 0.59% | 23.16% | 64.04% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | $637.64M | 5.21 | 22.44% | ― | 9.52% | 496.04% | |
46 Neutral | $24.17M | -6.99 | ― | ― | -3.52% | 83.39% | |
39 Underperform | $5.14M | -0.33 | ― | ― | -11.39% | 79.96% | |
39 Underperform | $7.72M | -0.02 | ― | ― | -13.86% | -32.19% |
Mawson Infrastructure Group Corporate Events
On December 16, 2025, Mawson Infrastructure Group Inc. regained compliance with the $1 bid price requirement for continued listing on the Nasdaq Capital Market. The company also made significant progress toward meeting other Nasdaq listing standards, including achieving the $2.5 million stockholders’ equity requirement through the sale of common stock under its At The Market Offering Agreement. The company awaits confirmation from Nasdaq regarding full compliance and continues to aim for stable listing and operations, which could have positive implications for its market positioning and stakeholders.
On December 11, 2025, Mawson Infrastructure Group Inc. filed a prospectus supplement with the SEC to increase its ATM offering program by $40 million, aiming to boost financial flexibility. The company has previously sold shares under this program and will decide on future sales based on market conditions and strategic priorities.
On December 11, 2025, Mawson Infrastructure Group‘s Interim CEO Kaliste Saloom and CFO William Regan presented at the Emerging Growth Conference. The presentation, which was available via live webcast, highlighted Mawson’s strategic initiatives and operational capabilities in the digital infrastructure sector. This event underscores Mawson’s efforts to strengthen its market position and engage with stakeholders by showcasing its innovative energy management programs and diverse business segments.
On November 20, 2025, Mawson Infrastructure Group Inc. implemented a 1-for-20 reverse stock split of its common stock, following approval from its stockholders on October 15, 2025. This move aims to increase the per share market price to meet Nasdaq’s minimum bid price requirement for continued listing, impacting all stockholders uniformly without altering their percentage ownership interests.
On November 19, 2025, Mawson Infrastructure Group announced a 1-for-20 reverse stock split of its common stock, effective November 20, 2025. This move, approved by the Board of Directors, aims to increase the per share market price to meet the Nasdaq Capital Market’s minimum bid price requirement, ensuring continued listing. The reverse stock split will not affect stockholders’ percentage ownership, except for minor adjustments due to rounding.
On November 6, 2025, Mawson Infrastructure Group Inc. executed a lease amendment to extend the lease for its 9,918 square foot mining facility in Bellefonte, PA, until December 31, 2030. This extension reflects Mawson’s commitment to maintaining operations at the site and exploring future growth opportunities, reinforcing its position in the digital infrastructure industry.
On November 4, 2025, Mawson Infrastructure Group announced that the United States Bankruptcy Court for the District of Delaware dismissed with prejudice an involuntary bankruptcy petition filed against the company. This court decision allows Mawson to seek damages and strengthens its financial and strategic position, clearing the path for continued operational momentum.
Mawson Infrastructure Group Inc. announced that it received an extension from the Nasdaq Hearings Panel to meet compliance requirements for continued listing on the Nasdaq Capital Market. The company has been given until December 4, 2025, to comply with the $1.00 minimum bid price rule and until December 19, 2025, to meet the $35 million market value of listed securities requirement. This extension follows Mawson’s inability to meet these requirements within the initial grace periods, and the company must now demonstrate compliance to avoid delisting, which could impact its market positioning and stakeholder confidence.
On October 22, 2025, Mawson Infrastructure Group Inc. announced the launch of a graphics processing unit (GPU) pilot program on a decentralized AI network. This initiative represents a strategic shift for Mawson, expanding beyond digital asset mining into advanced computing sectors such as AI and HPC. The pilot aims to establish a scalable framework for Mawson to enhance its role as an AI infrastructure provider across the U.S. The project includes a 100-day plan to gather performance data, evaluate economics, and test market fit, showcasing Mawson’s capability to innovate within the competitive technology ecosystem.
On October 21, 2025, the United States Bankruptcy Court for the District of Delaware dismissed an involuntary bankruptcy petition filed against Mawson Infrastructure Group Inc. This decision allows the company to seek recovery of fees and damages from the creditors and is expected to alleviate downward pressure on its stock price, enhancing liquidity and supporting its continued growth. The dismissal strengthens Mawson’s financial and strategic position, paving the way for operational momentum and increased value for stockholders.
On October 16, 2025, Mawson Infrastructure Group Inc. entered into an At the Market Offering Agreement with H.C. Wainwright & Co., LLC to sell shares of its common stock, aiming to raise up to $9.6 million. This move follows the voluntary termination of a prior sales agreement with Roth Capital Partners, LLC, under which no shares were sold. Additionally, at the company’s annual meeting on October 15, 2025, several key decisions were made, including the election of directors and approval of a reverse stock split. Mawson also announced preliminary financial results for the third quarter and nine months ended September 30, 2025, showing a decrease in revenue but an improvement in gross profit and a significant reduction in net loss compared to the previous year. The company is working to maintain its Nasdaq listing, having been granted an extension to meet certain compliance requirements.