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 crypto market downtrend and softer trading activity.

• Strategic focus shifted toward agent-native fintech infrastructure, launching A-Suite and its first product, A-MM, to automate and scale digital asset services.

• AI agent integration, notably MIA in iClick, is already reducing operating expenses and improving efficiency.

• Streamlined lower-value retail accounts to focus on higher-value, regulated institutional relationships, aligning with regulatory licensing efforts.

• Share repurchases continued, with $4.5 million ADSs bought in Q1 under a $50 million program, leaving $45.5 million available.

Financial highlights

• Gross profit for Q1 was $6.8 million (67.7% margin), down from $12.1 million (74.2%) in Q4 2025 due to product mix shifts.

• Operating loss was $3.2 million; net loss from continuing operations was $3.7 million, compared to net income of $0.8 million last quarter.

• Adjusted EBITDA was a loss of $3.2 million, versus a positive $50,000 in Q4 2025.

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

• Client assets on platform stood at $1.0 billion as of March 31, 2026, with assets per active client at $1.2 million.

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.

• A-MM and other A-Suite products are expected to contribute meaningful and scalable revenue starting Q2.

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