M/M

Used Aircraft Inventory Levels Continue Upward Trend

Retrieved on: 
Monday, April 8, 2024

LINCOLN, Neb., April 8, 2024 /PRNewswire/ -- Last month, Sandhills Global reported that used aircraft inventory levels were resuming an upward trend.

Key Points: 
  • LINCOLN, Neb., April 8, 2024 /PRNewswire/ -- Last month, Sandhills Global reported that used aircraft inventory levels were resuming an upward trend.
  • "Although the bulk of available used aircraft in the market is five years old or older, we've seen an uptick in used late-model aircraft inventory levels over the past few months," says Controller Department Manager Brant Washburn.
  • Inventory levels of used piston single aircraft decreased 1.53% M/M and 18.71% YOY in March and continue to trend downwards.
  • Inventory levels of used turboprop aircraft increased 8.33% M/M and 15.64% YOY and are now trending sideways.

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for February 2024

Retrieved on: 
Tuesday, March 19, 2024

MIDLAND, Pa., March 19, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for February 2024.

Key Points: 
  • February Self-Mining Business Revenue up 159% Y/Y and up 23% M/M, about $2.56 million
    February Co-Location Business Revenue about $2.70 million, represents about 62 MW and 19,400 miners
    MIDLAND, Pa., March 19, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for February 2024.
  • We are also pleased with the 23% M/M growth in our self-mining business, despite the significant recent increase in network difficulty.
  • Our core operational, technological, and strategic plans continue to advance with our growing role in the industry and our ecosystem.”
    Total monthly revenue increased 141% Y/Y to about $5.42 million and the equivalent of 109 BTC1.
  • Mawson’s Bellefonte facility continues to operate at approximately 8.8 MW of capacity and is used entirely for self-mining purposes.

Aircraft Inventory Levels Resume Slow Ascent While Asking Values Remain Stable

Retrieved on: 
Wednesday, March 6, 2024

Inventory drawdowns are typical toward the end of each calendar year while inventory levels begin to grow in February and March.

Key Points: 
  • Inventory drawdowns are typical toward the end of each calendar year while inventory levels begin to grow in February and March.
  • "As used aircraft inventory levels regain their upward trend, asking values have remained steady year over year," says Controller Department Manager Brant Washburn.
  • This report includes detailed analysis of asking values and inventory trends in used aircraft markets along with charts that help readers visualize the data.
  • Despite a slight M/M increase of 2.53% in this category in February, inventory levels are trending down and were 18.19% lower YOY.

U.S. Used Planter Market Now Covered in Sandhills Global's Monthly Equipment, Truck, and Trailer Market Reports

Retrieved on: 
Tuesday, March 5, 2024

In its newest market reports, which now include a report dedicated to the U.S. used planter market, Sandhills observed a continuation of this trend.

Key Points: 
  • In its newest market reports, which now include a report dedicated to the U.S. used planter market, Sandhills observed a continuation of this trend.
  • The key metric used in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI).
  • Sandhills market reports highlight the most significant changes in Sandhills' used heavy-duty truck, semitrailer, farm machinery, and construction equipment markets.
  • Sandhills now offers a market report for the U.S. used planter market, which monitors trends among John Deere, Case IH, and Kinze planters.

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for January 2024

Retrieved on: 
Friday, February 16, 2024

PITTSBURGH, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for January 2024.

Key Points: 
  • 3X Growth in Total Revenue from January last year, and revenue up about 18% M/M
    PITTSBURGH, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for January 2024.
  • Our operational, technological, and strategic plans continue to advance and we are excited about 2024 ahead for Mawson and our broader industry and ecosystem.”
    Total monthly revenue of about $7.06 million or about the equivalent of 174 BTC1.
  • Energy management business revenue of $2.20 million, co-location business revenue of  $2.78 million and self-mining revenue of $2.08 million.
  • Mawson’s Bellefonte facility continues to operate at approximately 8.8 MW of capacity and is used entirely for self-mining purposes.

Aircraft Values Hold Steady During Seasonal Inventory Decreases

Retrieved on: 
Tuesday, February 6, 2024

LINCOLN, Neb., Feb. 6, 2024 /PRNewswire/ -- In its newest aviation market reports, Sandhills Global observes that aircraft asking values are remaining steady following seasonal inventory drawdowns.

Key Points: 
  • LINCOLN, Neb., Feb. 6, 2024 /PRNewswire/ -- In its newest aviation market reports, Sandhills Global observes that aircraft asking values are remaining steady following seasonal inventory drawdowns.
  • "For jets and piston single aircraft in particular, we expect used inventory to regain some of those seasonal losses over the next few months."
  • Sandhills observed significant decreases in used piston single aircraft inventory levels in January, down 10.83% M/M and 20.1% YOY.
  • As seen in the used piston single category, inventory levels of used turboprop aircraft showed a significant decrease in M/M inventory levels at 15.28%.

Late-Model Inventory Accumulating on Dealers' Lots as More New Equipment Enters the Market

Retrieved on: 
Tuesday, February 6, 2024

The key metric used in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI).

Key Points: 
  • The key metric used in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI).
  • The Sandhills EVI data include equipment available in auction and retail markets, as well as model year equipment actively in use.
  • Sandhills market reports highlight the most significant changes in Sandhills' used heavy-duty truck, semitrailer, farm machinery, and construction equipment markets.
  • Sandhills has observed pronounced growth in late-model farm equipment availability as new equipment enters the market.

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for December 2023

Retrieved on: 
Tuesday, January 16, 2024

PITTSBURGH, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for December 2023.

Key Points: 
  • December Total Revenue of about $5.97 million, up 24% M/M
    PITTSBURGH, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for December 2023.
  • The Krypton deployment follows the completed deployment of the Company’s other co-location customer Consensus Technology Group (“Consensus”) for approximately 15,876 miners or approximately 50 MW.
  • As disclosed in Mawson’s previous filings, Mawson has reserved all rights and believes that Mawson is owed at least $2 million from CleanSpark, Inc.
  • Mawson further contests that Celsius’ case against it should proceed in the bankruptcy court at all.

Aircraft Inventory Declines After Months of Increases While Asking Values Remain Steady

Retrieved on: 
Friday, January 5, 2024

Inventory levels decreased across the used jet, piston single aircraft, and turboprop aircraft categories in Sandhills marketplaces (only piston helicopters experienced an inventory increase) while asking values differed by category with little variation.

Key Points: 
  • Inventory levels decreased across the used jet, piston single aircraft, and turboprop aircraft categories in Sandhills marketplaces (only piston helicopters experienced an inventory increase) while asking values differed by category with little variation.
  • This report includes detailed analysis of asking values and inventory trends in used aircraft markets along with charts that help readers visualize the data.
  • Inventory levels in Sandhills' worldwide jet aircraft market dropped 8.56% month over month in December following 11 months of increases.
  • Like the piston single category, used turboprop aircraft in Sandhills marketplaces followed five consecutive months of inventory increases with a decrease in December.

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for November 2023

Retrieved on: 
Wednesday, December 20, 2023

PITTSBURGH, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for November 2023.

Key Points: 
  • PITTSBURGH, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for November 2023.
  • Completed new customer co-location services deployment for a total of ~15,876 Bitmain S19 XP miners.
  • Mawson has planned to join the following upcoming conferences and events next month.
  • At the end of November, the Bellefonte facility was operating at approximately 8.8 MW of capacity and continues to be used entirely for self-mining purposes.