Mawson Infrastructure Group Inc. (MIGI)
NASDAQ:MIGI
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Mawson Infrastructure Group
(NASDAQ:MIGI)
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Rating:42Neutral
Price Target:
$4.00
â–Ľ(-2.44% Downside)
Action:ReiteratedDate:02/03/26
The score is driven primarily by weak financial health (negative profitability, negative cash flows, and negative equity) and bearish technical positioning (price below key moving averages with negative MACD). Valuation provides limited support due to a negative P/E and no dividend yield, while corporate events are mixed but elevated legal/governance risk weighs on sentiment.
Positive Factors
Nasdaq compliance restored
Restoring full Nasdaq compliance removes imminent delisting risk and preserves access to U.S. capital markets and institutional investors. That stability supports medium-term ability to raise equity or debt, maintain liquidity, and execute strategic plans without the disruption of a forced delisting.
Negative Factors
Negative operating and free cash flows
Persistent negative operating and free cash flows indicate the core business is not self-funding. Over the medium term this forces reliance on external financing or equity raises, increases financing costs and dilution risk, and constrains the company’s ability to invest in growth or weather industry downturns.
Read all positive and negative factors
Positive Factors
Negative Factors
Nasdaq compliance restored
Restoring full Nasdaq compliance removes imminent delisting risk and preserves access to U.S. capital markets and institutional investors. That stability supports medium-term ability to raise equity or debt, maintain liquidity, and execute strategic plans without the disruption of a forced delisting.
Read all positive factors
Mawson Infrastructure Group (MIGI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$10.44M
Dividend YieldN/A
Average Volume (3M)49.75K
Price to Earnings (P/E)6.7
Beta (1Y)3.57
Revenue Growth-11.39%
EPS Growth79.96%
CountryUS
Employees33
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)0.20
Shares Outstanding5,300,000
10 Day Avg. Volume56,107
30 Day Avg. Volume49,746
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-4.59
Price to Sales (P/S)0.25
P/FCF Ratio9.26
Enterprise Value/Market Cap2.58
Enterprise Value/Revenue0.52
Enterprise Value/Gross Profit1.24
Enterprise Value/Ebitda-12.54
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Mawson Infrastructure Group Business Overview & Revenue Model
Company Description
Mawson Infrastructure Group Inc., a digital infrastructure provider, operates in cryptocurrency mining in the United States and Australia. It owns and operates modular data centers. The company is based in North Sydney, Australia....
How the Company Makes Money
Mawson Infrastructure Group generates revenue primarily through its cryptocurrency mining operations, which involve the acquisition and operation of powerful computing hardware designed to solve complex cryptographic puzzles necessary for validati...
Mawson Infrastructure Group Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
20
Very Negative
Cash Flow
25
Negative
| Breakdown | TTM | Dec 2024 | Mar 2024 | 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
Negative
4.10
Price Trends
3.24
Negative
5.41
Negative
8.81
Negative
Market Momentum
-0.28
Positive
22.61
Positive
26.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MIGI, the sentiment is Negative. The current price of 4.1 is above the 20-day moving average (MA) of 2.61, above the 50-day MA of 3.24, and below the 200-day MA of 8.81, indicating a bearish trend. The MACD of -0.28 indicates Positive momentum. The RSI at 22.61 is Positive, neither overbought nor oversold. The STOCH value of 26.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MIGI.
Mawson Infrastructure Group Risk Analysis
Mawson Infrastructure Group disclosed 43 risk factors in its most recent earnings report. Mawson Infrastructure Group reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Mawson Infrastructure Group Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $4.33B | 22.13 | 44.30% | 3.69% | 51.19% | 456.59% | |
71 Outperform | $3.30B | 23.88 | 84.45% | 0.58% | 23.16% | 64.04% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
49 Neutral | $424.01M | -0.06 | 22.65% | ― | 9.52% | 496.04% | |
45 Neutral | $17.54M | 3.72 | ― | ― | -3.52% | 83.39% | |
42 Neutral | $10.44M | 6.69 | 223.41% | ― | -11.39% | 79.96% | |
39 Underperform | $7.64M | -0.41 | ― | ― | -13.86% | -32.19% |
* Financial Sector Average
MIGI
Mawson Infrastructure Group
1.97
-7.98
-80.20%
GREE
Greenidge Generation Holdings
1.11
0.38
52.05%
MC
Moelis
54.28
-1.70
-3.04%
PJT
PJT Partners
136.50
-0.52
-0.38%
BTBT
Bit Digital
1.31
-0.71
-35.15%
ARBK
Argo Blockchain
3.00
-70.44
-95.92%
Mawson Infrastructure Group Corporate Events
Business Operations and StrategyDividends
Mawson Adopts Rights Plan to Thwart Takeover Effort
Negative
Feb 2, 2026
On February 1–2, 2026, Mawson Infrastructure Group’s board approved a limited-duration stockholder rights agreement and a related dividend of one right for each common share outstanding as of February 12, 2026, with each right allowing...
Business Operations and StrategyLegal Proceedings
Mawson Infrastructure Challenges Alleged Hostile Bid in Court
Negative
Jan 22, 2026
On January 20, 2026, Mawson Infrastructure Group Inc. filed a complaint in the U.S. District Court for the District of Delaware against Endeavor Blockchain, LLC and affiliated investors, alleging violations of Sections 13(d) and 10(b) of the Secur...
Business Operations and StrategyLegal Proceedings
Mawson Infrastructure Sues Over Alleged Bad-Faith Bankruptcy
Negative
Dec 30, 2025
On December 29, 2025, Mawson Infrastructure Group Inc. filed an adversary proceeding in the U.S. Bankruptcy Court for the District of Delaware seeking attorneys’ fees, costs, compensatory and punitive damages, sanctions, and injunctive relie...
Delistings and Listing ChangesRegulatory Filings and Compliance
Mawson Infrastructure Regains Full Compliance with Nasdaq Listing
Positive
Dec 22, 2025
On December 22, 2025, Mawson Infrastructure Group Inc. announced that it had regained compliance with Nasdaq’s continued listing standards, securing its place on The Nasdaq Capital Market after previously falling short of the $35 million mar...
Delistings and Listing ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
Mawson Infrastructure Regains Nasdaq Bid Price Compliance
Positive
Dec 17, 2025
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 standar...
Private Placements and FinancingRegulatory Filings and Compliance
Mawson Infrastructure Expands ATM Offering by $40 Million
Neutral
Dec 11, 2025
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...
Business Operations and Strategy
Mawson Infrastructure Group Presents at Emerging Growth Conference
Neutral
Dec 11, 2025
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 in...
Delistings and Listing ChangesStock Split
Mawson Infrastructure Group Executes Reverse Stock Split
Neutral
Nov 21, 2025
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 Nasd...
Delistings and Listing ChangesStock Split
Mawson Infrastructure Announces Reverse Stock Split
Neutral
Nov 19, 2025
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 Nas...
Business Operations and Strategy
Mawson Infrastructure Extends Lease for Bellefonte Facility
Positive
Nov 7, 2025
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 maintai...
Business Operations and StrategyLegal Proceedings
Mawson Infrastructure Group’s Bankruptcy Petition Dismissed
Positive
Nov 5, 2025
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 Mawso...
Delistings and Listing ChangesRegulatory Filings and Compliance
Mawson Infrastructure Granted Nasdaq Compliance Extension
Negative
Nov 3, 2025
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 compl...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.