Mawson Infrastructure reports October revenue $4.89M

Total Monthly Revenue up 49% Y/Y from October 2023 and up 18% M/M from September 2024 to about $4.89 million. Energy Management Monthly Business Revenue was $0.70 million, up 13% M/M from September 2024 and Self-mining Digital Assets Mining Monthly Business Revenue was $0.22 million, up 25% M/M from September 2024. Digital Colocation Monthly Business Revenue was $3.96 million, up multi-fold Y/Y from $0.08 million in October 2023 and up 18% M/M from September 2024. Rahul Mewawalla, CEO and President said, “We are pleased to deliver another month of strong growth across our business with our total monthly revenue increasing 49% year-over-year and 18% month-over-month. We continue to advance our innovative approach to providing digital infrastructure platforms and solutions. Our synergistic business portfolio and our enhanced strategic, operational, and technological capabilities across all our businesses provides us with an exciting set of opportunities ahead.”