MARA - Marathon Patent Group Inc Stock Price, Fair Value and News

20.10USD-0.11 (-0.54%)Market Closed

Market Summary

USD20.10-0.11

Market Closed

-0.54%

MARA Stock Price

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MARA RSI Chart

MARA Valuation

Market Cap

5.4B

Price/Earnings (Trailing)

20.6

Price/Sales (Trailing)

13.88

EV/EBITDA

10.74

Price/Free Cashflow

-15.67

MARA Price/Sales (Trailing)

MARA Profitability

Operating Margin

85.69%

EBT Margin

71.64%

Return on Equity

16.16%

Return on Assets

13.12%

Free Cashflow Yield

-6.38%

MARA Fundamentals

MARA Revenue

Revenue (TTM)

387.5M

Rev. Growth (Yr)

451.67%

Rev. Growth (Qtr)

60.21%

MARA Earnings

Earnings (TTM)

261.2M

Earnings Growth (Yr)

156.89%

Earnings Growth (Qtr)

248.32%

Breaking Down MARA Revenue

Last 7 days

25.1%

Last 30 days

12.0%

Last 90 days

-6.9%

Trailing 12 Months

114.3%

How does MARA drawdown profile look like?

MARA Financial Health

Current Ratio

30.51

MARA Investor Care

Shares Dilution (1Y)

90.53%

Diluted EPS (TTM)

-2.31

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	117.2M	174.0M	259.2M	387.5M
2022	201.7M	197.3M	158.3M	117.8M
2021	12.9M	42.0M	92.8M	159.2M
2020	1.5M	1.5M	2.0M	4.4M
2019	1.0M	1.2M	1.2M	1.2M
2018	793.1K	1.1M	1.3M	1.6M
2017	27.6M	18.6M	9.5M	519.6K
2016	16.9M	49.9M	43.6M	36.6M
2015	22.7M	20.3M	13.2M	19.0M
2014	7.9M	12.4M	16.9M	21.4M
2013	0	0	0	3.4M
2011	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of Marathon Patent Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	mealer-burke vicki	acquired	-	-	28,887	-
May 01, 2024	denuccio kevin a	acquired	-	-	28,887	-
May 01, 2024	thiel frederick g	acquired	-	-	1,646,610	chief executive officer
May 01, 2024	ouissal said	acquired	-	-	28,887	-
May 01, 2024	mellinger douglas k	acquired	-	-	28,887	-
May 01, 2024	james sarita m.	acquired	-	-	28,887	-
May 01, 2024	leupp jay p	acquired	-	-	28,887	-
May 01, 2024	antoun georges	acquired	-	-	28,887	-
May 01, 2024	khan salman hassan	acquired	-	-	1,083,290	chief financial officer
May 01, 2024	nowaid zabi	acquired	-	-	433,317	general counsel

Which funds bought or sold MARA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	added	215	31,897,400	47,612,900	0.01%
May 07, 2024	SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC	sold off	-100	-344,504	-	-%
May 07, 2024	M&T Bank Corp	added	16.5	27,355	255,538	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-0.96	-101,000	2,010,000	-%
May 07, 2024	Swiss National Bank	added	5.42	130,838	9,926,170	0.01%
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	new	-	3,878,450	3,878,450	0.02%
May 07, 2024	Qsemble Capital Management, LP	new	-	758,553	758,553	0.17%
May 07, 2024	SEI INVESTMENTS CO	sold off	-100	-214,088	-	-%
May 07, 2024	Sanctuary Wealth Management, L.L.C.	unchanged	-	-91.00	2,258	-%
May 07, 2024	CarsonAllaria Wealth Management, Ltd.	unchanged	-	-137	3,387	-%

Are Funds Buying or Selling MARA?

Are funds buying MARA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MARA

No. of Funds

Unveiling Marathon Patent Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	susquehanna securities, llc	4.1%	9,112,892	SC 13G/A
Feb 13, 2024	vanguard group inc	10.54%	23,473,587	SC 13G/A
Feb 09, 2024	jane street group, llc	6.5%	14,404,233	SC 13G
Jan 25, 2024	blackrock inc.	8.1%	17,192,377	SC 13G/A
Sep 25, 2023	susquehanna securities, llc	6.1%	10,733,921	SC 13G
Jul 10, 2023	vanguard group inc	10.31%	17,522,970	SC 13G/A
Feb 09, 2023	vanguard group inc	9.39%	10,968,955	SC 13G/A
Jan 31, 2023	blackrock inc.	7.4%	8,620,526	SC 13G/A
Aug 19, 2022	okamoto merrick d	4.25%	4,964,604	SC 13G
Feb 04, 2022	blackrock inc.	6.5%	6,717,492	SC 13G

Recent SEC filings of Marathon Patent Group Inc

View All Filings

Date Filed	Form Type	Document
May 06, 2024	3	Insider Trading
May 06, 2024	8-K	Current Report
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading

Peers (Alternatives to Marathon Patent Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GS	144.2B	67.8B	8.89%	37.65%	15.31	2.13	66.36%	-10.82%
ICE	76.5B	9.7B	-2.54%	25.60%	30.85	7.87	0.75%	71.75%
CME	76.1B	5.7B	-0.43%	14.74%	23.59	13.43	-1.46%	19.89%
COIN	51.3B	4.0B	-17.86%	250.61%	37.97	12.9	41.89%	159.36%
FDS	16.5B	2.2B	-1.43%	7.95%	33.81	7.68	7.26%	9.28%
IBKR	12.8B	6.1B	4.65%	53.47%	4.41	2.11	64.44%	33.59%
MID-CAP
JEF	9.7B	8.2B	3.13%	51.79%	33.58	1.18	17.04%	-68.59%
HLI	8.5B	1.8B	0.19%	52.80%	32.98	4.64	0.16%	-0.33%
EVR	7.4B	2.5B	-1.12%	79.62%	28.84	3.03	-6.73%	-35.85%
FRHC	4.1B	1.4B	0.45%	-13.13%	12.34	2.96	96.15%	398.80%
CLSK	3.2B	214.4M	6.51%	283.14%	-39.69	15.12	75.40%	19.03%
SMALL-CAP
DFIN	1.8B	802.0M	3.09%	42.20%	18.44	2.29	-2.34%	8.49%
AMRK	871.9M	10.0B	-2.28%	4.38%	7.89	0.09	24.24%	-27.96%
COHN	18.6M	92.7M	33.43%	51.54%	3	0.2	72.05%	185.64%
AAMC	7.6M	3.2M	-20.59%	-96.53%	-0.23	2.4	-44.67%	-104.26%

Marathon Patent Group Inc News

Latest updates

Marathon Patent Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	60.2%	156,768,000	97,849,000	81,759,000	51,132,000	28,417,000	12,690,000	24,923,000	51,723,000	68,980,845	51,707,483	29,321,857	9,152,815	2,643,168	835,184	286,161	592,487	277,052	321,716	355,765	230,694	244,066
Cost Of Revenue	-	-	-	-	-	-	-	-	26,393,636	-	-	-	2,406,415	3,471,358	1,636,046	740,483	1,153,241	996,142	478,811	498,588	508,640	1,019,849
Operating Expenses	-80472.7%	-245,940,500	306,000	5,500,000	3,880,000	395,779,000	16,647,000	181,678,000	45,540,000	-7,278,303	63,880,967	17,909,700	53,801,814	668,936	2,829,381	2,077,394	1,684,289	1,982,798	1,129,575	1,096,362	1,215,603	4,710,489
S&GA Expenses	94.9%	39,253,500	20,141,000	20,491,000	15,344,000	18,609,000	12,144,000	10,469,000	15,515,000	44,739,281	99,235,984	278,860	307,191	6,092,697	112,800	89,566	108,937	106,464	115,247	128,829	115,243	161,578
EBITDA Margin	229.9%	1.21	-0.93	-2.35	-5.15	-5.30	-1.18	-0.79	-0.44	0.01	-0.47	-0.63	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-52.1%	1,214,000	2,536,000	2,840,000	3,760,000	4,666,000	3,752,000	3,748,000	2,814,000	1,566,307	287	1,203	1,203	16.00	-	7,549	13,435	14,552	12,591	12,455	12,317	12,591
Income Taxes	21920.5%	16,075,000	73,000	203,000	75,000	-22,202,000	-6,090,000	10,862,000	-5,674,000	24,971,454	-2,940	-1,984	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	273.0%	239,479,000	64,210,000	-18,930,000	-7,160,000	-414,928,000	-78,552,000	-201,764,000	-22,783,000	42,859,634	-22,175,507	-108,886,604	83,356,742	-5,232,455	-1,994,417	-2,161,196	-1,057,932	-1,151,916	-754,407	-565,880	-1,044,862	-4,325,268
EBT Margin	149.3%	0.72	-1.45	-2.99	-6.00	-6.10	-1.70	-1.08	-0.60	-0.09	-0.57	-0.78	-	-	-	-	-	-	-	-	-	-
Net Income	248.3%	223,404,000	64,137,000	-19,133,000	-7,235,000	-392,726,000	-72,462,000	-212,626,000	-17,109,000	17,887,445	-22,172,567	-108,884,620	83,356,742	-5,234,455	-1,994,417	-2,161,196	-1,057,932	-1,151,916	-754,407	-565,880	-1,044,862	-4,394,402
Net Income Margin	149.2%	0.67	-1.37	-2.83	-5.85	-5.90	-1.84	-1.22	-0.68	-0.23	-0.57	-0.78	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-10.5%	-92,962,000	-84,116,000	-120,102,000	-46,082,000	-114,017,000	-48,947,000	-22,029,000	-32,596,000	-217,722,142	-1,776,177	-44,778,706	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	43.9%	1,991	1,384	1,373	1,304	1,195	1,476	1,510	1,541	1,444	664	584	687	313	38.00	11.00	6.00	7.00	8.00	4.00	5.00	5.00
Current Assets	138.0%	1,030	433	422	386	278	240	362	594	684	555	492	636	286	32.00	6.00	2.00	1.00	2.00	2.00	2.00	3.00
Cash Equivalents	253.0%	357	101	114	125	104	55.00	86.00	118	269	33.00	171	212	141	17.00	1.00	0.00	1.00	1.00	2.00	2.00	3.00
Net PPE	-9.4%	672	742	784	715	273	404	314	333	276	94.00	80.00	42.00	17.00	5.00	4.00	3.00	4.00	5.00	1.00	1.00	1.00
Liabilities	-	-	-	-	-	-	-	-	-	765	511	257	3.00	2.00	1.00	1.00	2.00	3.00	4.00	2.00	3.00	2.00
Current Liabilities	-11.6%	34.00	38.00	28.00	24.00	26.00	46.00	90.00	15.00	11.00	4.00	3.00	3.00	1.00	1.00	1.00	1.00	2.00	4.00	2.00	2.00	2.00
Shareholder's Equity	58.4%	1,616	1,020	594	546	386	609	640	776	689	660	581	684	312	36.00	10.00	3.00	4.00	3.00	2.00	2.00	3.00
Retained Earnings	29.3%	-567	-802	-866	-847	-840	-432	-356	-163	-153	-163	-141	-32.70	-116	-110	-108	-106	-105	-104	-103	-103	-102
Additional Paid-In Capital	19.8%	2,184	1,823	1,461	1,393	1,226	1,058	1,017	940	836	825	723	717	428	148	119	110	110	108	106	106	105
Accumulated Depreciation	-	-	-	-	34.00	17.00	27.00	55.00	35.00	21.00	14.00	10.00	7.00	6.00	8.00	7.00	6.00	3.00	5.00	5.00	4.00	4.00
Shares Outstanding	15.5%	243	210	174	167	146	117	106	103	99.00	101	97.00	94.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	2,400	-	-	-	600	-	-	-	3,100	-	-	-	20.00	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-11.7%	-91,164	-81,619	-114,056	-28,812	-92,735	-42,870	-14,811	-26,062	25,393	-37,605	-3,668	-3,083	-4,324	-1,358	-1,017	-1,072	-1,117	-732	-657	-811	-955
Share Based Compensation	240.0%	18,737	5,511	4,451	3,945	5,719	3,425	6,176	9,275	8,451	96,618	4,686	51,032	146	360	649	23.00	314	208	130	282	929
Cashflow From Investing	-85.2%	4,968	33,578	38,078	-72,029	-21,655	-34,053	-125,095	-209,425	-519,355	-99,278	-33,839	-238,662	-66,162	-10,427	-5,166	469	302	307	382	224	318
Cashflow From Financing	1507.8%	342,299	21,290	79,057	113,218	162,756	51,901	110,525	85,473	729,664	-878	-3,809	312,357	194,559	28,263	6,484	385	166	-314	-	-	-

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MARA Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Total revenues	$ 387,508	$ 117,753	$ 159,163
Cost of revenues
Cost of revenues - energy, hosting and other	(223,338)	(72,715)	(27,492)
Cost of revenues - depreciation and amortization	(179,513)	(78,709)	(14,904)
Total cost of revenues	(402,851)	(151,424)	(42,396)
Operating expenses
General and administrative expenses	(95,230)	(56,739)	(174,356)
Gains (losses) on digital assets and digital assets loan receivable	331,484	(14,460)	2,157
Legal reserves	0	(26,131)	0
Impairment of deposits due to vendor bankruptcy filing	0	(24,661)	0
Impairment of digital assets	0	(182,891)	(22,252)
Impairment of patents	0	(919)	0
Impairment of mining equipment and advances to vendors	0	(332,933)	0
Gain on sale of equipment, net of disposals	0	83,879	0
Gains (losses) on digital assets held within investment fund	0	(85,017)	74,696
Total operating expenses	236,254	(639,872)	(119,755)
Operating income (loss)	220,911	(673,543)	(2,988)
Net gain from extinguishment of debt	82,267	0	0
Loss on hedge instruments	(17,421)	0	0
Equity in net earnings of unconsolidated affiliate	(617)	0	0
Impairment of loan and investment due to vendor bankruptcy filing	0	(31,013)	0
Interest expense	(10,350)	(14,981)	(1,569)
Other non-operating income (loss)	2,809	1,283	(288)
Income (loss) before income taxes	277,599	(718,254)	(4,845)
Income tax benefit (expense)	(16,426)	24,232	(24,968)
Net income (loss)	261,173	(694,022)	(29,813)
Series A preferred stock accretion to redemption value	(2,121)	0	0
Net income (loss) attributable to common stockholders	$ 259,052	$ (694,022)	$ (29,813)
Net income (loss) per share of common stock - basic (in dollars per share)	$ 1.41	$ (6.12)	$ (0.30)
Weighted average shares of common stock - basic (in shares)	183,855,570	113,467,837	99,337,587
Net income (loss) per share of common stock - diluted (in dollars per share)	$ 1.06	$ (6.12)	$ (0.30)
Weighted average shares of common stock - diluted (in shares)	192,293,277	113,467,837	99,337,587
Other comprehensive income (loss)
Series A preferred stock accretion to redemption value	$ 2,121	$ 0	$ 0
Foreign currency translation adjustments	0	0	(451)
Comprehensive income (loss)	$ 261,173	$ (694,022)	$ (30,264)

MARA Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 357,313	$ 103,705
Restricted cash	0	8,800
Digital assets	639,660	121,842
Other receivables	2,091	18
Deposits	7,240	2,350
Prepaid expenses and other current assets	23,499	40,833
Total current assets	1,029,803	277,548
Property and equipment, net	671,772	273,026
Advances to vendors	95,589	488,299
Investments	106,292	37,000
Long-term deposits	59,790	40,903
Long-term prepaids	27,284	8,317
Right-of-use assets	443	1,276
Digital assets, restricted	0	68,875
Total long-term assets	961,170	917,696
TOTAL ASSETS	1,990,973	1,195,244
Current liabilities:
Accounts payable	11,343	1,312
Accrued expenses	22,015	22,295
Legal reserve payable	0	1,171
Operating lease liabilities	124	326
Accrued interest	276	1,011
Total current liabilities	33,758	26,115
Long-term liabilities:
Notes payable	325,654	732,289
Term loan	0	49,882
Operating lease liabilities	354	1,017
Deferred tax liabilities	15,286	0
Total long-term liabilities	341,294	783,188
Commitments and Contingencies
Stockholders’ Equity:
Preferred stock, par value $0.0001 per share, 50,000,000 shares authorized and no shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	0	0
Common stock, par value $0.0001 per share, 500,000,000 shares authorized; 242,829,391 shares and 145,565,916 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	24	15
Additional paid-in capital	2,183,537	1,226,267
Accumulated deficit	(567,640)	(840,341)
Total stockholders’ equity	1,615,921	385,941
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 1,990,973	$ 1,195,244

About Marathon Patent Group Inc

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines digital assets with a focus on the blockchain ecosystem and the generation of digital assets in United States. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.

CEO	Mr. Frederick G. Thiel
WEBSITE	marathondh.com
INDUSTRY	Mortgage Finance
EMPLOYEES	40

Marathon Patent Group Inc Frequently Asked Questions

What is the ticker symbol for Marathon Patent Group Inc? What does MARA stand for in stocks?

MARA is the stock ticker symbol of Marathon Patent Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Marathon Patent Group Inc (MARA)?

As of Wed May 08 2024, market cap of Marathon Patent Group Inc is 5.38 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MARA stock?

You can check MARA's fair value in chart for subscribers.

What is the fair value of MARA stock?

You can check MARA's fair value in chart for subscribers. The fair value of Marathon Patent Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Marathon Patent Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MARA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Marathon Patent Group Inc a good stock to buy?

The fair value guage provides a quick view whether MARA is over valued or under valued. Whether Marathon Patent Group Inc is cheap or expensive depends on the assumptions which impact Marathon Patent Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MARA.

What is Marathon Patent Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, MARA's PE ratio (Price to Earnings) is 20.6 and Price to Sales (PS) ratio is 13.88. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MARA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Marathon Patent Group Inc's stock?

In the past 10 years, Marathon Patent Group Inc has provided -0.109 (multiply by 100 for percentage) rate of return.