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Mawson Infrastructure Group Inc. Reports Q1 2025 Unaudited Financial Results

GlobeNewswire LogoGlobeNewswire16h ago

Mawson Infrastructure Group Inc. Reports Q1 2025 Unaudited Financial Results - GlobeNewswire

Quick Summary:

27% Y/Y Growth in Digital Colocation Revenue in Q1 2025 24% Y/Y Growth in Energy Management Revenue in Q1 2025 Executed New Digital Colocation Customer Agreement in Q1 2025 for about 17,453 latest-generation ASICS or about 64 MW of compute capacity at Mawson’s facilities MIDLAND, Pa., May 15, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. ("Mawson", "the Company"), a publicly-traded technology company that offers digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets, today announced its financial and operational results for the first quarter ended March 31, 2025.

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, further or new regulation of digital assets 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.

I was also delighted to announce in the same quarter our newest digital colocation enterprise customer agreement, for about 64 MW of compute capacity for an initial term of 3 years, further driving long-term growth of our digital colocation services business. We also continue to enhance our offerings across artificial intelligence, high-performance computing, digital assets, and other computing markets, while prioritizing our carbon-free energy approach, including nuclear power.

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Article Details

Author / Journalist: Mawson Infrastructure Group Inc.

Category: Technology

Markets:

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-15 @ 21:15:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 777 words

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Sentences: 25 lines

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Copyright Owner: © GlobeNewswire

News ID: 28734911

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