Mawson Infrastructure Group Releases Updated Company Presentation – 136% Y/Y Revenue Growth in Digital Colocation Business, 36% Y/Y Revenue Growth in Total Revenue, and 31% Y/Y Operating Hash Rate Growth
27 Janeiro 2025 - 9:35AM
Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or "the
Company"), a publicly-traded technology company focused on digital
infrastructure platforms for artificial intelligence (AI),
high-performance computing (HPC), and digital assets, today
released its updated Company Presentation, which is now available
on the Company's website at www.mawsoninc.com.
Key Highlights from the 2025 Company
Presentation1:
- 136%
year-over-year revenue growth (FY2024 vs FY2023) in digital
colocation business.
- 36%
year-over-year revenue growth in total revenue with an increasingly
optimized revenue mix across digital colocation, energy management,
and digital assets mining while also building towards artificial
intelligence (AI) and high-performance computing (HPC) offerings,
along with positive cash flows from operations.
- Expanded digital
colocation business with platform growing to becoming a
multi-tenant platform across several enterprise-grade institutional
customers during 2024, becoming one of the largest digital
colocation businesses amongst our publicly-traded peers.
- Signed AI/HPC
colocation business agreement with AI customer for deployment of
NVIDIA GPUs for initial 20 MW deployment with an additional LOI for
potential expansion to 144 MW.
- 31%
year-over-year increase in operating hash rate2 and optimization of
infrastructure to 4.98 EH/s (exahashes per second).
- Expansion funded
entirely through cash from operations and enhanced operational and
management capabilities.
- Increased
operational capacity to 129 MW with further planned expansion to
153 MW upon Ohio facility completion.
- Enhanced
leadership and management team with deep technology expertise from
Apple, T-Mobile, Nokia, Yahoo, GE, and others.
- Established
thought leadership in high-growth sectors including digital
infrastructure, digital assets, carbon-free and nuclear energy,
artificial intelligence (AI), high-performance computing (HPC), and
driving innovation.
- Invited to ring
the NASDAQ Closing Bell to commemorate the company’s recent
accomplishments and innovative approach to digital infrastructure
platforms.
- Attracted
coverage from financial media and industry publications including
Financial Times, Reuters, Forbes, Newsweek, Data Center Dynamics,
Fast Company, Tech Capital, Power Magazine, and others.
- Please see full
updated Company Presentation, which is now available on the
Company's website at www.mawsoninc.com
- Company’s Media
Interviews and Videos are available at
www.mawsoninc.com/video-interviews and Articles and News related to
the Company are available at www.mawsoninc.com/articles
Rahul Mewawalla, CEO and
President, commented, "We are pleased to deliver a
transformational year for Mawson, marked by robust revenue growth
and significant strategic achievements. We drove significant growth
as our digital colocation business grew 136% in year-over-year
revenue. We signed and deployed several enterprise-grade
institutional customers, rapidly growing our platform’s customer
base. We also increased our total revenue with 36% year-over-year
revenue growth, along with our expansion into artificial
intelligence (AI) and high-performance computing (HPC) markets. We
also grew and expanded our current operating capacity to 129 MW,
and we increased our operating hash rate by 31% year-over-year to
4.98 EH/s. We strengthened our technological and operational
capabilities and were delighted to be invited to ring the NASDAQ
Closing Bell commemorating the company’s recent accomplishments and
innovative approach to digital infrastructure platforms. Our
strategic, financial, operational, and technological achievements,
along with our being featured in publications such as Financial
Times, Reuters, Newsweek, and Forbes, reflect our transformation
into an innovative digital infrastructure platform company and our
expanding role in the digital infrastructure and technology
ecosystem."
Conferences and Events
Update
Mawson has planned for its CEO and President,
Rahul Mewawalla, and members of management to join the following
upcoming conferences and events. Please contact IR@Mawsoninc.com
for further information.
- ROTH
Capital Chat with CEO Event – January 29, 2025
- AGP
Annual Virtual Technology Conference – February 12,
2025
- Metro
Connect USA – February 24-26, 2025
-
Northland Capital Markets CEO Fireside Chat –
February 27, 2025
- Data
Center World – March 12-13, 2025
- 37th
Annual ROTH Capital Conference – March 17-18, 2025
- NVIDIA
GTC AI Conference – March 17-21, 2025
- Data
Center Dynamics Connect – March 24-25, 2025
- Mining
Disrupt – March 25-27, 2025
- InfraAI
Global Summit – March 26-27, 2025
About Mawson Infrastructure
Mawson Infrastructure Group (NASDAQ: MIGI) is a
technology company providing next-generation infrastructure
platforms for AI, HPC, and digital assets. Our innovation,
technology, and operational expertise enables us to operate and
optimize digital infrastructure to accelerate the digital economy
including artificial intelligence, high-performance computing
solutions, and digital assets using a carbon-free energy
approach.
For more information, visit:
https://www.mawsoninc.com
CAUTIONARY NOTE REGARDING
FORWARD-LOOKING STATEMENTS
Mawson cautions that statements in this report
that are not a description of historical fact are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements may be identified by
the use of words referencing future events or circumstances such as
“expect,” “intend,” “plan,” “anticipate,” “believe,” and “will,”
among others. Because such statements are subject to risks and
uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements. These
forward-looking statements are based upon Mawson’s current
expectations and involve assumptions that may never materialize or
may prove to be incorrect. Actual results and the timing of events
could differ materially from those anticipated in such
forward-looking statements as a result of various risks and
uncertainties, which include, without limitation, the possibility
of Mawson’s need and ability to raise additional capital, the
development and acceptance of digital asset networks and digital
assets and their protocols and software, the reduction in
incentives to mine digital assets over time, the costs associated
with digital asset mining, the volatility in the value and prices
of digital assets and cryptocurrencies, and further or new
regulation of digital assets cryptocurrencies and AI. the evolution
of AI and HPC market and changing technologies, the slower than
expected growth in demand for AI, HPC and other accelerated
computing technologies than expected, the ability to timely
implement and execute on AI and HPC digital infrastructure, and the
ability to timely complete the digital infrastructure build-out in
order to achieve its revenue expectations for the periods
mentioned. More detailed information about the risks and
uncertainties affecting the Company is contained under the heading
“Risk Factors” included in the Company’s Annual Report on Form 10-K
filed with the SEC on April 1, 2024, and Mawson’s Quarterly Report
on Form 10-Q filed with the SEC on May 15, 2024, August 19, 2024,
November 14, 2024, and in other filings that the Company has made
and may make with the SEC in the future. One should not place undue
reliance on these forward-looking statements, which speak only as
of the date on which they were made. Because such statements are
subject to risks and uncertainties, actual results may differ
materially from those expressed or implied by such forward-looking
statements. Mawson undertakes no obligation to update such
statements to reflect events that occur or circumstances that exist
after the date on which they were made, except as may be required
by law.
For more information, visit us at
https://www.mawsoninc.com
Company’s Media Interviews and Videos are
available at www.mawsoninc.com/video-interviews and Articles and
News related to the Company are available at
www.mawsoninc.com/articles
LinkedIn:
https://www.linkedin.com/company/mawsoninc/
YouTube: https://www.youtube.com/c/MawsonInc
Vimeo: https://vimeo.com/mawsoninc
Facebook: Mawson Inc | Pittsburgh PA |
Facebook
X (Twitter): Mawson (@Mawsoninc) / X
(twitter.com)
Investor Contact: Investor Relations Team
IR@mawsoninc.com
Partnerships Contact: Partnerships Team
Partnerships@mawsoninc.com
Media and Press Contact: Media Relations Team
mediarelations@mawsoninc.com
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1 2024 revenues and numbers are unaudited and subject to
change/updates2 Current operating hash rate is based on nameplate
hash rate of colocation and self-mining miners currently
deployed
This press release was published by a CLEAR® Verified
individual.
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