Intchains Group (ICG) Investor presentation summary

Business overview and strategy

• Operates across three pillars: altcoin mining ASICs, ETH treasury strategy, and Goldshell Stake platform, targeting both Proof-of-Work and Proof-of-Stake markets.

• Maintains R&D and sales presence in China and Singapore, with 87 employees as of March 2026.

• Focuses on recurring, yield-based income streams from hardware sales and staking services.

• Implements a hybrid PoW + PoS strategy for diversified exposure and revenue.

• AI-driven optimization enhances efficiency, uptime, and resource allocation.

Financial performance and position

• FY2025 revenue was $31.6M, with $11.1M invested in R&D and no debt.

• Ended 2025 with $67.8M in cash and investments, and $26.8M in ETH-based crypto assets.

• Total assets at year-end 2025 were $145.8M, with shareholders' equity of $139.6M.

• FY2025 net loss was $47.5M, driven by softer altcoin mining demand and inventory impairment.

Altcoin mining products

• Designs and sells ASIC chips and mining machines for non-Bitcoin altcoins, with 16 chip models supporting 11 altcoins.

• Major 2025 launches included ALEO, DOGECOIN, and XTM miners, with rapid product iterations.

• Uses a fabless model, partnering with third-party foundries and manufacturers.

• AI-enabled tools accelerate product development and improve margins.