#Singapore #Wealth Management #Amber International #crypto finance

Amber International Holding Limited Reports Q1 2025 Results

Amber International Holding Limited (Nasdaq: AMBR), a prominent player in institutional crypto financial services, has announced unaudited financial results for the first quarter ending March 31, 2025. The company achieved remarkable growth, highlighted by record revenues totaling US$14.9 million, reflecting a significant surge compared to the previous year. This growth is primarily attributed to the successful merger with iClick and a notable increase in Wealth Management Solutions.

Key Highlights of Q1 2025

In the first quarter of 2025, Amber International reported:

• - Record Revenue: The company reached a notable revenue of US$14.9 million, a substantial increase from US$1.0 million in Q1 2024.
• - Wealth Management Solutions Revenue: Amounting to US$9.9 million, this segment achieved a multi-fold increase compared to the previous year’s figures.
• - Gross Profit: The gross profit rose sharply to US$11.0 million, indicating a gross profit margin of 73.7%, significantly up from 45.9% in Q1 2024.
• - Operating Profitability: The operating income for the quarter was US$0.8 million, a remarkable turnaround from a loss of US$0.9 million in the same quarter of last year.
• - Adjusted EBITDA: This metric was reported at US$1.6 million, transitioning from a loss of US$0.8 million in Q1 2024.

CEO Wayne Huo expressed satisfaction with the results, emphasizing that the merger with iClick has bolstered the company’s platform capabilities, setting it up for sustained growth. He noted the continued strong performance of their high-margin Wealth Management Solutions, attributing it to a diversified revenue model that ensures long-term viability.

Business Developments

Amber International’s first quarter of 2025 was marked not only by financial successes but also by strategic advancements. The merger with iClick, finalized on March 12, 2025, was a pivotal event, allowing for enhanced market access and expanded operational capabilities under its new ticker symbol, Nasdaq AMBR.

The company aims to scale its strategic growth initiatives, which include:

• - Crypto Ecosystem Reserve: A newly launched fund of US$100 million aimed at driving product innovation and market positioning.
• - Tokenized Real-World Assets (RWAs): Development of compliant, yield-bearing investment solutions supported by UBS Asset Management.
• - AgentFi Infrastructure: Progress in AI-based digital asset management, featuring the introduction of MIA, an AI ambassador designed to automate financial processes.

These initiatives are designed to further enhance their offerings in response to evolving client needs and broaden their global footprint.

Financial Breakdown

According to the financial highlights:

• - Client Assets on Platform: Increased to US$1,275.4 million, up 11% year-over-year.
• - Cumulative KYC'ed Users: Reached 4,657, up 22% from the previous year, signaling growing client trust and engagement.

The expansion reflects the rising demand for structured yield products, collateralized lending, and DeFi-enhanced opportunities within the Wealth Management Solutions segment. Amber's strategic investments and efforts to optimize costs have paid off, fostering significant business growth.

Looking Ahead

The outlook for the second quarter of 2025 is optimistic, with revenue for Amber Premium business projected between US$15.5 million to US$17.5 million. For the full year 2025, the company estimates revenues to fall between US$65.0 million and US$75.0 million. Such forecasts consider dynamic market conditions and anticipated demand from institutional clients.

In conclusion, Amber International Holding Limited has positioned itself strongly for continued growth and innovation in the institutional crypto finance landscape. Their commitment to enhancing product offerings and focusing on operational efficiency serves to not only increase client trust but also secure a competitive advantage in a rapidly evolving sector.

For more information on their financial reports and investor presentations, please visit Amber International's Investor Relations page.