Amber International Holding Limited (NASDAQ: AMBR) Q1 2025 Earnings Call | 05/28/2025

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Amber International Holding Limited reported Q1 2025 results on May 28, 2025, achieving record-high revenue and gross profit following its successful merger with iClick and robust growth in Wealth Management Solutions. Revenue for the quarter soared to $14.9 million, up 1,378% year-over-year, with gross profit jumping to $11.0 million—a 2,272% increase from Q1 2024. Gross margin rose sharply to 73.7% from 45.9% a year earlier, driven by the expansion of high-margin Amber Premium services and WFTL Assigned Contracts. Operating income improved to $0.8 million, reversing a $0.9 million loss in the prior year, as strategic investments and effective cost management took hold. Net income reached $0.9 million, a notable turnaround from a net loss of $11.9 million in Q1 2024. Adjusted EBITDA was $1.6 million, and adjusted net income was $1.5 million, reflecting the inclusion of iClick’s financials post-acquisition and recapitalization on March 12, 2025. Total operating expenses increased to $10.2 million, primarily due to higher technology infrastructure, personnel, and consulting costs associated with business expansion and new product development. The company also achieved breakeven results in its marketing and enterprise solutions business during the quarter. Strategic highlights included the launch of a $100 million Crypto Ecosystem Reserve, the rollout of uMINT (a tokenized real-world assets offering backed by UBS Asset Management), and advancements in AgentFi, exemplified by the AI ambassador MIA. These initiatives, alongside a scalable and diversified revenue model, position Amber International for long-term growth in institutional crypto finance. Outlook: Management is focused on scaling strategic growth initiatives, expanding global reach, and further developing high-margin offerings. Ongoing investments in technology, tokenized assets, and AI-driven solutions are expected to support continued revenue and profitability growth. The company’s robust institutional infrastructure and regulated foundation provide a strong platform for future expansion. #AmberInternational #AMBR #EarningsCall #Q12025 #CryptoFinance #WealthManagement #Merger #Tokenization #AI #InstitutionalFinance #Investing #InsideTicker