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AMBR

Amber International Holding Ltd

AMBR

Amber International Holding Ltd NASDAQ
$2.51 1.62% (+0.04)

Market Cap $235.14 M
52w High $13.09
52w Low $1.23
Dividend Yield 0%
P/E -1.73
Volume 2.15M
Outstanding Shares 93.68M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2025 $14.94M $10.178M $931K 6.232% $0.05 $951K
Q2-2024 $13.209M $11.039M $5.643M 42.721% $0.52 $10.658M
Q1-2024 $1.011M $1.357M $-11.873M -1.174K% $-0.95 $-11.837M
Q1-2019 $15.774M $14.817M $-3.323M -21.067% $-0.12 $-1.562M
Q4-2018 $16.263M $14.775M $-2.623M -16.127% $-0.092 $-914.208K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $26.212M $49.597M $35.215M $13.023M
Q2-2024 $70.239M $155.555M $122.363M $31.858M
Q4-2023 $56.747M $163.704M $122.452M $37.125M
Q2-2023 $73.297M $169.895M $118.503M $47.101M
Q1-2019 $9.599M $105.388M $76.641M $28.747M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2019 $-3.323M $3.246M $-857.785K $-297.397K $2.084M $2.486B
Q4-2018 $-2.623M $-1.365M $-785.763K $-274.749K $-2.626M $-1.365M
Q3-2018 $-4.609M $4.139M $-955.848K $-406.876K $2.632M $4.139M
Q2-2018 $-3.204M $-652.967K $-946.707K $-299.739K $-1.804M $-652.967K
Q1-2018 $-3.167M $1.427M $-865.559K $-464.472K $-48.189K $1.427M

Five-Year Company Overview

Income Statement

Income Statement Income has been very small and somewhat unstable, with a clear peak a few years ago and lower levels since then. The company has not yet reached consistent, meaningful scale in its core business. Gross profit has been positive in most years, which suggests the basic services can generate some margin after direct costs. However, once overhead, development, and other operating expenses are added, the company moves into loss territory. Operating losses have been persistent, and bottom‑line net losses have been recorded every year in the past five years. The pattern suggests a business still in build‑out mode: modest revenue, improving but still fragile gross profitability, and a cost base that is too heavy for current scale. The especially weak year in the middle of the period looks like a stress point, followed by some stabilization but not a return to profitability. Overall, this is still an early‑stage, loss‑making income statement.


Balance Sheet

Balance Sheet The balance sheet is small and has been shrinking over time, which indicates a very lean asset base. Cash levels are modest and have fluctuated, giving the company only a limited financial cushion. On the positive side, debt has been reduced and recently eliminated, so there is no meaningful financial leverage risk at the moment. Equity has come down significantly from earlier years, reflecting accumulated losses. The result is a thin capital buffer, meaning the company does not have a lot of balance sheet strength to absorb extended periods of poor performance. In simple terms, the company now operates with a light, mostly debt‑free balance sheet but also with limited resources and a narrow safety margin. Future growth or shocks will likely need to be supported by improved earnings or new capital, rather than by drawing on a strong existing asset base.


Cash Flow

Cash Flow Cash generation from operations has generally been negative, with only one year showing a meaningful positive inflow. That points to a business that is not yet self‑funding and still depends on external support or balance sheet resources to cover its cash needs. Free cash flow mirrors this pattern, because capital spending has been minimal. The lack of heavy investment in physical assets is typical for a digital‑focused company, but it also means there is little room to cut back on investment spending if cash becomes tight; most of the cash burn is likely tied to people, technology, and operating costs. Overall, the cash flow history shows a company still in investment and scaling mode, not yet at the point where its ongoing operations reliably pay for themselves.


Competitive Edge

Competitive Edge Despite being categorized under real estate historically, the business now operates more like a digital‑asset and fintech platform, with a focus on institutional clients and wealthy individuals. Its connection to Amber Group gives it brand strength, global reach, and access to liquidity and expertise that many niche competitors do not have. The firm emphasizes regulatory alignment, licenses in a strict jurisdiction, and strong security standards. In a sector where trust and compliance are increasingly critical, this focus can be a real differentiator, especially for institutions that must meet strict internal risk and compliance requirements. At the same time, the company operates in a very crowded, fast‑moving crypto and digital‑asset environment. Large global exchanges, traditional financial institutions entering the space, and other specialized fintechs all compete for similar clients. Success will depend on whether Amber can turn its institutional focus, regulatory positioning, and parent‑group backing into durable, long‑term client relationships and meaningful scale.


Innovation and R&D

Innovation and R&D Innovation is clearly at the center of the strategy. The company is building tools that connect traditional finance with crypto and decentralized finance, using artificial intelligence for trading and risk management, its own blockchain infrastructure, and full‑stack tokenization of real‑world assets. Product development has been broad rather than narrow: a crypto card that can spend yield‑bearing assets, structured yield and lending products, digital‑asset treasury services for corporates, and even tokenization of its own stock on‑chain. These moves position Amber as an experimenter at the edge of what is possible between regulated finance and Web3. The creation of a sizeable ecosystem reserve and the public roadmap around real‑world asset tokenization and Web3 infrastructure point to continued heavy investment in innovation. The main uncertainty is execution: turning a wide range of advanced ideas into stable, compliant, and widely adopted products while maintaining risk controls in a volatile asset class.


Summary

Amber International combines a small, still‑loss‑making financial profile with an ambitious, innovation‑driven strategy in institutional digital assets. The historical numbers show limited scale, ongoing net losses, negative operating cash flow, and a thin equity base, even as debt has been brought down. Financially, this remains an early‑stage, higher‑risk profile that needs growth and improved profitability to become self‑sustaining. Strategically, the company operates in a promising but highly competitive and fast‑changing market. Its strengths include regulatory focus, security, backing from Amber Group, and a strong emphasis on bridging traditional finance with crypto and Web3. Its main challenges involve scaling revenue fast enough, managing risk in a volatile sector, and converting technical and product innovation into consistent, profitable client demand. Overall, AMBR looks like a high‑innovation, institution‑focused digital‑asset platform built on a relatively fragile financial base. Future updates on revenue growth, path toward profitability, client traction, and regulatory developments will be key to understanding how the story evolves from here.