Amber International (AMBR) investor relations material

Executive summary

• Q1 2026 revenue was $10 million, down 38.6% quarter-over-quarter and 30.9% year-over-year, reflecting a continued downturn in the crypto and digital asset markets and lower transaction volumes.

• Strategic focus shifted to agentic fintech, launching A-Suite and A-MM, embedding AI agents across business lines, and introducing the Crypto for AI (C4AI) vision, with an inaugural Investor Day planned for October 2026.

• Amber Premium remains a scalable, profitable institutional distribution platform, with wealth management solutions contributing 74.8% of segment revenue.

• Streamlined lower-value retail accounts to focus on regulated institutional relationships, with cumulative KYC'ed users declining 15.8% sequentially to 4,401.

• AI-driven automation and in-house AI agent (MIA) are reducing operating expenses, especially in marketing and enterprise solutions.

Financial highlights

• Gross profit for Q1 was $6.8 million (67.7% margin), down from $12.1 million (74.2% margin) in Q4 2025 and $10.9 million in Q1 2025.

• Operating loss was $3.2 million; net loss from continuing operations was $3.7 million, compared to net income of $0.8 million in Q4 2025 and $0.9 million in Q1 2025.

• Adjusted EBITDA from continuing operations was a loss of $3.2 million, versus a $50,000 gain in Q4 2025.

• Ended Q1 with $36.5 million in cash and no bank debt.

• Diluted net loss per ADS from continuing operations was $0.04 in Q1 2026.

Outlook and guidance

• Q2 2026 Amber Premium segment revenue guidance is $9–$10 million, a projected 58.1%–75.7% increase quarter-over-quarter from Q1 segment revenue of $5.7 million.

• Expect A-MM and other A-Suite products to begin contributing meaningful, scalable, and recurring revenue from Q2 onward.

• Continued focus on global expansion, regulatory compliance, and disciplined capital allocation.

• Inaugural C4AI Investor Day scheduled for October 2026 to showcase AI agent progress.