Call Start: 10:00 January 1, 0000 10:21 AM ET Argo Blockchain plc (OTCPK:ARBKF) Q1 2023 Earnings Conference Call June 06, 2023, 10:00 AM ET Company Participants Tom Divine - Vice President of Investor Relations Seif El-Bakly - Interim Chief Executive Officer and Chief Operating Officer Jim MacCallum - Chief Financial Officer Conference Call Participants Kevin Dede - H.C. Wainwright Darren Aftahi - ROTH Capital Partners Chase White - Compass Point Bill Papanastasiou - Stifel Operator Good afternoon and welco ...

We power the world's most innovative and sustainable blockchain infrastructure ARGO BLOCKCHAIN Q1 2023 Results June 6, 2023 argoblockchain.com 1 NASDAQ: ARBK; LSE: ARB LEGAL DISCLAIMERS Forward Looking Statements This presentation contains inside information and includes forward-looking statements which reflect the Company's current views, interpretations, beliefs or expectations with respect to the Company's financial performance, business strategy and plans and objectives of management for future operatio ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIE ...

Argo Blockchain plc (OTCPK:ARBKF) Q4 2022 Earnings Conference Call April 28, 2023 7:00 AM ET Company Participants Tom Divine - Vice President of Investor Relations Seif El-Bakly - Interim Chief Executive Officer and Chief Operating Officer Jim MacCallum - Chief Financial Officer Conference Call Participants Operator Good afternoon, ladies and gentlemen. Welcome to the Argo Blockchain plc Full-Year Results for 2022 Investor Presentation. Throughout this recorded presentation, investors will be in a listen-on ...

We power the world's most innovative and sustainable blockchain infrastructure ARGO BLOCKCHAIN FY 2022 Results April 28, 2023 Final review: -check bullet point spacing argoblockchain.com 1 NASDAQ: ARBK; LSE: ARB LEGAL DISCLAIMERS Forward Looking Statements This presentation contains inside information and includes forward-looking statements which reflect the Company's current views, interpretations, beliefs or expectations with respect to the Company's financial performance, business strategy and plans and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ _____________________ _____________________ FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2023 Commission File Number: 001-40816 Argo Blockchain plc (Translation of registrant's name into English) _____________________ Eastcastle House 27/28 Eastcastle Street London W1W 8DH England (Address of principal executive office) ...

Mining Operations - Total Bitcoin and Bitcoin Equivalent ("BTC") mined during H1 2022 was 939, a 6% increase over H1 2021[5] - Mining margin decreased to 71% in H1 2022 from 81% in H1 2021, attributed to lower Bitcoin prices and increased network difficulty[5] - The Group expects to achieve a total hashrate capacity of 3.2 EH/s by the end of 2022 and increase it to 4.1 EH/s in Q1 2023[7] - The Group completed a strategic pivot to a self-hosted business model, operating 100% of its owned machines with no third-party hosting arrangements[17] - The Group's mining operations in Texas and Quebec are powered predominantly by renewable energy sources, contributing to sustainability efforts[22] Financial Performance - Revenues for H1 2022 were £26.7 million ($32.5 million), a decrease of 14% from H1 2021, primarily due to a decrease in Bitcoin price and increased network difficulty[5] - Adjusted EBITDA for H1 2022 was £17.1 million ($20.9 million), a decrease of 28% from H1 2021[5] - Direct costs increased significantly to £18,716,000 from £10,365,000, resulting in a gross loss of £34,413,000 compared to a profit of £14,533,000 in the previous year[31] - The company reported a loss after taxation of £30,504,000 for the period, compared to a profit of £7,214,000 in the same period of 2021[35] - Operating costs and expenses rose to £9,846,000 from £2,293,000, contributing to an operating loss of £36,810,000 compared to a profit of £11,109,000 in the previous year[33] - The total comprehensive income attributable to equity holders for the period was a loss of £43,649,000, compared to a profit of £6,853,000 in the prior year[37] - The company reported a net loss before taxation of £36,890,000 for the period ended 30 June 2022, compared to a profit of £10,698,000 for the same period in 2021[43] - Total revenue decreased to £26,700,000 in the first half of 2022, down from £31,085,000 in the same period of 2021, primarily due to a decline in cryptocurrency mining revenue[53] Cash Flow and Liquidity - The company generated net cash flow from operating activities of £24,594,000 for the period, a significant increase from £2,372,000 in the prior year[43] - Cash and cash equivalents at the end of the period were £9,210,000, down from £16,048,000 at the end of June 2021[44] - The company raised £66,331,000 from borrowings during the period, compared to £14,375,000 in the previous year, indicating a strategy to bolster liquidity[44] Asset Management - Total assets as of June 30, 2022, amounted to £303,665,000, up from £287,699,000 at the end of 2021[38] - The company incurred depreciation/amortization expenses of £11,718,000, up from £4,870,000 in the previous year, indicating increased investment in fixed assets[43] - The total trade and other receivables rose to £99,448,000 as of June 30, 2022, compared to £63,359,000 at the end of 2021, reflecting increased operational activity[73] - The company reported total loans and borrowings of £72,881,000 as of June 30, 2022, an increase from £30,299,000 at the end of 2021, indicating a significant rise in financing[85] Sustainability and Environmental Impact - Argo aims to achieve net-zero carbon emissions by 2030 and has maintained climate positive status by offsetting more emissions than it produced in 2020 and 2021[21] - The company is committed to sustainability and has published its 2021 sustainability report, highlighting its climate-positive status[24] Market and Investment Strategy - The company has adjusted its treasury management strategy in response to market challenges, including selling Bitcoin steadily to manage cash flow[27] - The average realized price of Bitcoin sold in Q2 2022 was approximately $28,500, with hedge gains exceeding $1,500 per Bitcoin[27] - The company is focused on completing Phase 1 of the Helios facility and exploring long-term fixed price power purchase agreements to optimize operations[25] Digital Assets and Fair Value - As of June 30, 2022, the company held digital assets valued at £3,431,000, with significant holdings in Polkadot (DOT) at £693,000 and Ethereum (ETH) at £526,000[70] - The company experienced a fair value loss of £45,298,000 on crypto assets held at the period end, reflecting market volatility[79] - The company reported a total comprehensive income loss of £35,721,000, driven by significant other comprehensive losses of £33,736,000[66] Shareholder and Management Information - The company reported a share of loss from associates amounting to £490,000, with no prior year comparison available[43] - The basic earnings per share for continuing operations was reported at (6.5) pence, compared to 1.9 pence in the prior year, reflecting the company's financial challenges[56] - Total director fees and remuneration amounted to £313,000, up from £221,000, representing a 41.6% increase[94] - Key management compensation for the period totaled £20,000 for POMA Enterprises Limited and £142,000 for Vernon Blockchain Inc[93]

Argo Blockchain plc (NASDAQ:ARBK) Q1 2022 Earnings Conference Call May 18, 2022 8:00 AM ET Company Participants Peter Wall - CEO Alex Appleton - CFO Tom Divine - VP, IR Conference Call Participants Operator Good afternoon, ladies and gentlemen, and welcome to the Argos Blockchain plc Q1 2022 Results Investor Presentation. Throughout this recorded presentation, investors will be in listen-only mode. [Operator instructions] The company may not be in a position to answer every question receive during today’s m ...

Q1 2022 Financial Performance - Argo generated revenue of $19.5 million (£14.9 million)[10] - The company reported an Adjusted EBITDA of $19.1 million (£14.5 million)[10] - Net income for Q1 2022 was $2.1 million (£1.6 million)[10] - Argo mined 470 Bitcoin during the quarter and held 2,700 Bitcoin and Bitcoin equivalents as of March 31, 2022[10] - The mining margin was 76% for Q1 2022[7,10] Operational Highlights and Future Plans - Argo secured $26.7 million (£20.2 million) of infrastructure financing from NYDIG[14] - The company commenced mining operations at Helios in May 2022[16,24] - Argo has a supply agreement with Intel for Blockscale ASIC chips[14,21] - The company anticipates a total hashrate capacity of 5.5 EH/s, including 1.8 EH/s from Bitmain S19J Pros and 3.3 EH/s from Intel ASIC machines in development[20] - Argo requires approximately $50 million in additional capital to complete Helios Phase 1 infrastructure and machine purchases[24]

Argo Blockchain plc (NASDAQ:ARBK) Q4 2021 Earnings Conference Call April 28, 2022 8:00 AM ET Company Participants Peter Wall - Chief Executive Officer Alex Appleton - Chief Financial Officer Tom Divine - Vice President, Investor Relations Conference Call Participants Operator Good afternoon and welcome to the Argo Blockchain Full Year Results Investor Presentation. Throughout this recorded presentation, investors will be in listen-only mode. [Operator instructions] The company may not be in a position to an ...