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SUIG

SUI Group Holdings Limited

SUIG

SUI Group Holdings Limited • NASDAQ
$2.00 ▼ -3.85% (-0.08)
Market Cap $166.03 M
52w High $8.66
52w Low $1.13
Dividend Yield 0%
P/E -1.13
Volume 1.24M
Outstanding Shares 83.02M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.014M ▼ $64.676M ▲ $-44.267M ▼ -4.366K% ▼ $-0.72 ▼ $0 ▼
Q2-2025 $1.263M ▲ $316.183K ▼ $677.035K ▲ 53.626% ▲ $0.11 ▲ $946.335K ▲
Q1-2025 $940.529K ▲ $379.783K ▼ $451.746K ▲ 48.031% ▲ $0.07 ▲ $560.746K ▲
Q4-2024 $705.275K ▼ $796.882K ▲ $-91.096K ▼ -12.916% ▼ $-0.014 ▼ $-91.607K ▼
Q3-2024 $1.009M $419.847K $463.783K 45.959% $0.07 $589.283K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $51.616M ▲ $429.148M ▲ $24.039M ▲ $405.109M ▲
Q2-2025 $1.497M ▼ $20.447M ▲ $191.091K ▼ $20.256M ▲
Q1-2025 $1.749M ▼ $19.849M ▼ $269.717K ▼ $19.579M ▼
Q4-2024 $6.026M ▲ $20.473M ▲ $715.447K ▲ $19.758M ▼
Q3-2024 $3.133M $20.34M $490.994K $19.849M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-44.267M ▼ $2.116M ▲ $-250.229M ▼ $289.316M ▲ $41.203M ▲ $2.116M ▲
Q2-2025 $677.035K ▲ $310.237K ▲ $-562.317K ▼ $0 ▲ $-252.08K ▲ $310.24K ▲
Q1-2025 $451.746K ▲ $-3.647M ▼ $0 $-630.436K ▼ $-4.277M ▼ $-3.647M ▼
Q4-2024 $-91.096K ▼ $2.893M ▲ $0 $0 $2.893M ▲ $2.893M ▲
Q3-2024 $463.783K $-2.292M $0 $0 $-2.292M $-2.292M

Five-Year Company Overview

Income Statement

Income Statement SUIG’s income statement is very thin and somewhat unusual for a listed financial services firm. Reported revenue from traditional operations has been negligible in recent years, suggesting the core business model is still being built out rather than fully scaled. Earnings per share have swung around from gains to losses and back again, which likely reflects one‑off items, fair‑value changes, or investment-related effects rather than a stable, recurring profit engine. Overall, this looks more like an early‑stage, investment‑style vehicle whose results will be volatile and closely tied to the value of its blockchain-related holdings rather than a mature, fee-earning financial institution.

Balance Sheet

Balance Sheet The balance sheet is small and simple, with a light asset base, no financial debt, and equity funding the business. Cash has recently improved but remains modest, underlining the company’s limited scale. The absence of leverage reduces financial risk but also limits amplification of returns. Given SUIG’s strategy, a meaningful portion of its economic exposure is likely tied to digital assets and related positions, which may not show up in a traditional way but can move in value quickly. In short, the balance sheet is clean but fragile in size and highly sensitive to market swings in the SUI ecosystem.

Cash Flow

Cash Flow Historically, cash flows from operations have been minimal, aligning with the very low level of traditional revenue. More recently, operating and free cash flow have turned slightly positive, helped by an asset-light model and almost no capital spending. That said, the cash generation is still at an early, fragile stage and not yet showing a robust, repeatable pattern. Future cash flows will depend heavily on how well SUIG converts its blockchain partnerships, staking activities, and stablecoin initiatives into steady fee or yield streams, and on how it manages the ups and downs of digital asset markets.

Competitive Edge

Competitive Edge Competitively, SUIG is positioned as a niche, highly specialized bridge between traditional capital markets and the SUI blockchain. Its formal relationship with the Sui Foundation and role as a foundation-backed treasury partner provide a distinct edge and credibility that are hard for rivals to copy quickly. Being one of the first public vehicles focused on SUI gives it early visibility with institutions seeking regulated exposure. However, the flip side is concentration risk: the company’s fortunes are tightly linked to one blockchain ecosystem, making it vulnerable to technology shifts, competing networks, regulatory changes, or a slowdown in SUI adoption. The moat is meaningful but narrow and ecosystem-dependent.

Innovation and R&D

Innovation and R&D SUIG’s innovation is financial and strategic rather than pure technology R&D. It leverages the underlying SUI blockchain and the Move programming ecosystem instead of building its own core protocol. The company is pushing ahead with creative structures such as a large staked SUI treasury, active treasury management, yield generation, lending arrangements, and partnerships with DeFi platforms like Bluefin. Its work on Sui-native stablecoins and synthetic dollars is an important step toward building on-chain financial infrastructure and could create recurring revenue streams if adoption grows. Execution risk is significant: success depends on user uptake, regulatory acceptance, and the broader health of DeFi on SUI. But in terms of concept and positioning, SUIG is at the forefront of experimenting with bank-like services in a single blockchain ecosystem.

Summary

Overall, SUIG looks less like a traditional diversified financial services company and more like a focused, publicly traded gateway into the SUI blockchain economy. The financial statements are still very small and do not yet show a mature, diversified revenue base; results may remain lumpy and highly influenced by the value of digital assets and the success of SUIG’s treasury strategy. The balance sheet is simple and unlevered but small, with sensitivity to market swings. The main strengths lie in its exclusive partnership, first-mover status, and innovative stablecoin and DeFi initiatives inside the SUI ecosystem. The main risks are concentration in a single blockchain, regulatory uncertainty around digital assets, and the challenge of turning bold strategic positioning into stable, recurring earnings and cash flow over time.

NEWS

November 12, 2025 · 4:00 PM UTC

SUI Group Reports Third Quarter 2025 Results

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November 10, 2025 · 8:00 AM UTC

SUI Group Partners with Bluefin to Accelerate Institutional Adoption of Perpetual Futures and On-Chain Structured Products

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October 30, 2025 · 8:00 AM UTC

SUI Group Schedules Third Quarter 2025 Conference Call for November 13, 2025 at 8:00 a.m. ET

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October 1, 2025 · 5:00 PM UTC

SUI Group Partners with Ethena and the Sui Foundation to Launch suiUSDe and USDi, the First Native Sui Stablecoins

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September 24, 2025 · 8:59 AM UTC

SUI Group Repurchases 276,296 Shares Under Newly Authorized $50 Million Stock Repurchase Program

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