Argo Blockchain vs The9
Argo Blockchain and The9 are similar in size: $15.5m and $15.0m of revenue in their latest fiscal years. The9 grew faster (-3.3% against -67.0%). Argo Blockchain kept more of each dollar of sales as profit: a net margin of 32.8% against -373.0%.
| Latest fiscal year | Argo BlockchainARBK, 2025 | The9NCTY, 2025 |
|---|---|---|
| Revenue | $15.5m | $15.0m |
| Revenue growth | -67.0% | -3.3% |
| Net income | $5.1m | −$56.0m |
| Operating margin | -86.3% | — |
| Net margin | 32.8% | -373.0% |
| Return on equity | — | -152.0% |
| Free cash flow | −$25.1m | — |
| Cash | $2.2m | $8.4m |
| Total debt | $0 | $31.8m |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $1.6m | $20.4m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |