$AMBR

Amber International Holding Ltd

CIK:0001697818|SEC Filings

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Continuing operations
Revenue	$ 66,089	$ 7,475	$ 2,734
Cost of revenue	(16,653)	(4,980)	(1,565)
Gross profit	49,436	2,495	1,169
Operating expenses
Research and development expenses	(10,812)	(452)	(448)
Sales and marketing expenses	(7,933)	(80)	(10)
General and administrative expenses	(28,096)	(7,269)	(4,355)
Total operating expenses	(46,841)	(7,801)	(4,813)
Operating (loss)/profit	2,595	(5,306)	(3,644)
Finance income	619	150
Finance costs	(71)	(46)	(145)
Other gains, net	2,144	167	85
Realized gain/(loss) on disposal of digital assets	(187)	(265)	100
Realized fair value changes of digital assets on loan from related parties denominated in digital assets		41	(415)
Unrealized fair value changes of digital assets	(150)	(7)	(200)
Unrealized fair value changes of digital assets on loan from related parties denominated in digital assets	(1,302)	(18,007)	(9,317)
(Loss)/profit from continuing operations before share of loss from an equity investee and income tax expense	3,648	(23,273)	(13,536)
Share of loss from an equity investee	(50)
Income tax credit	1,067
Net (loss)/income from continuing operations	4,665	(23,273)	(13,536)
Discontinued operations
Net loss from discontinued operations	(2,035)
Net (loss)/profit	2,630	(23,273)	(13,536)
Net (loss)/profit attributable to:
Non-controlling interest	(1,121)
Net (loss)/profit attributable to owners of Amber International Holding Limited arises from:
Continuing operations	4,665	(23,273)	(13,536)
Discontinued operations	(914)
Net (loss)/profit attributable to owners	$ 3,751	$ (23,273)	$ (13,536)

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities
Cash generated from/(used in) operating activities	$ (24,887)	$ (555)	$ 11,464
Income tax refunded	336
Net cash generated from/(used in) operating activities	(24,551)	(555)	11,464
Cash flows from investing activities
Net cash acquired from business combination	17,841
Disposal of subsidiaries, net of cash disposed	(2,558)
Purchases of property, plant and equipment	(92)
Purchase of intangible assets	(284)	(76)
Disposal of financial assets at fair value through profits or loss	2,566
Additions of financial assets at fair value through profits or loss	(2,395)
Purchase of time deposits	(836)
Purchase of digital assets	(4,000)
Interest received	497	134
Net cash generated from investing activities	10,739	58
Cash flows from financing activities
Repayments to related parties	(616)	(10,518)	(11,574)
Proceeds from related parties	14,235	3,010	10
Proceeds from bank borrowings, net	15
Payment for principal and interest of lease liabilities	(796)	(11)	(247)
Repurchase of ordinary shares	(880)
Proceeds from private placement, net of cost	25,339
Proceeds from issuance of ordinary and preference shares		13,500
Net cash (used in)/generated from financing activities	37,297	5,981	(11,811)
Net (decrease)/increase in cash and cash equivalents	23,485	5,484	(347)
Cash and cash equivalents at beginning of year	6,277	793	1,140
Effect on exchange rate changes on cash and cash equivalents	133
Cash and cash equivalents at end of year	$ 29,895	$ 6,277	$ 793

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Jan. 01, 2024
Current assets
Cash and cash equivalents	$ 29,895	$ 6,277	$ 793
Time deposits	836
Restricted cash	3,171	3,049
Digital assets	33,509	3,005
USDC	12,449	1,827
Trade and other receivables	16,625	356	202
Income tax recoverable	141
Collateral receivables	3,407	14,414
Amount due from related parties	32,341	11,533	10,532
Financial assets at fair value through profits or loss	22,084	264	257
Crypto assets loan receivables	42,141	69,934	7,868
Derivative financial assets	316	1,576	20
Current assets	196,915	112,235	19,672
Assets classified as held for sale	17
Total current assets	196,932	112,235	19,672
Non-current assets
Property, plant and equipment	97		1
Intangible assets	2,949	160	443
Goodwill	53,136	16,735	16,735
Right-of-use assets	1,484	704
Investment accounted for using equity method	90
Financial assets at fair value through profits or loss	1,189
Other receivables	495
Deferred tax assets	7
Total non-current assets	59,447	17,599	17,179
Total assets	256,379	129,834	36,851
Current liabilities
Trade and other payables	13,427	1,841	637
Collateral payables	10,941	14,414
Contract liabilities	8,575
Liabilities due to customers	61,351	71,523	13,867
Amount due to related parties	48,031	9,980	26,875
Derivative financial liabilities	316	1,576	20
Lease liabilities	867	230
Income tax payable	513
Current liabilities	144,021	99,564	41,399
Liabilities classified as held for sale	1,277
Total current liabilities	145,298	99,564	41,399
Non-current liabilities
Lease liabilities	722	485
Accrued liabilities	47
Total non-current liabilities	769	485
Total liabilities	146,067	100,049	41,399
Equity
Share capital	424	1	1
Share premium	90,540	13,499	2,999
Treasury shares	(903)
Other reserves	53,390	53,175	6,069
Accumulated losses	(33,139)	(36,890)	(13,617)
Total equity	110,312	29,785	(4,548)
Total equity and liabilities	$ 256,379	$ 129,834	$ 36,851