Amber International Holding Ltd financial statements
Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Amber International Holding Ltd files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2015
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
Revenue
65.2
95.4
125
160
199
255
308
46.6
36.1
32.8
Cost of revenue
34.5
61
95.7
121
143
181
219
22.6
17
16.1
Gross profit
30.7
34.3
29.5
39.1
56.7
73.3
89.2
24
19.1
16.7
Research and development
8.11
8.58
5.78
10.7
5.57
5.35
9.53
1.81
0.92
0.88
Selling and marketing
31.4
28.3
25.9
32.1
43
38
52.9
18.6
17.3
7.12
General and administrative
26.8
13
23.8
20.3
31.6
39.6
16.2
10.8
26.1
Operating expenses
52.2
63.6
44.7
66.6
68.8
75
102
48.3
30.7
34.1
Operating income
-21.5
-29.3
-15.2
-27.5
-12.1
-1.76
-12.9
-24.3
-11.6
-17.4
Interest expense
0.11
0.71
0.55
0.77
1.92
2.65
4.09
2.06
1.43
0.51
Interest income
0
0
0.03
0.11
Other non-operating income
0.18
0.07
0.15
0.15
0.31
0.39
0.17
0.72
0.23
-4.95
Pre-tax income
-40.2
-27.1
-24.1
-32
-10.4
-13.2
-14
-42.1
-13
-24
Income tax
-0.56
0.22
0.55
0.66
0.05
1.63
2.54
1.56
0.65
-0.07
Income from continuing operations
-43.7
-13.6
-23.9
Net income to minority interests
-0.2
-1.25
-2.29
-2.97
-1.93
-0.18
Net income
-39.7
-27.3
-24.6
-32.4
-9.6
-12.6
-13.6
-201
-38.7
-29.1
EBITDA
-20.4
-27.8
-13.8
-26.4
-11.8
-1.38
-12.2
-24
-11.5
-17.4
EPS, basic
-3.58
-2.26
-2.15
-1.23
-0.34
-0.32
-0.28
-3.98
-0.75
EPS, diluted
-3.58
-2.26
-2.15
-1.23
-0.34
-0.32
-0.28
-3.98
-0.75
Shares, basic (weighted)
11.7
13.2
13.9
26.5
28.6
39.4
48.2
50.4
51.1
45.8
Shares, diluted (weighted)
11.7
13.2
13.9
26.5
28.6
39.4
48.2
50.4
51.1
45.8
Balance sheet
FY2015
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
Cash and equivalents
10.4
27.3
19.4
39.8
36.9
52.2
41.4
43.5
14.3
19.6
Short-term investments
17.4
23.7
7.77
7.01
1.94
6.57
Receivables
30.7
40.8
65.6
144
143
187
64.6
13.5
10
Other current assets
3.06
3.11
3.24
8.98
14.1
25
8.05
2.46
5.63
Total current assets
103
127
149
245
321
351
205
160
48.6
Property, plant and equipment
2.32
1.17
0.33
0.54
1.11
1.93
0.24
0.01
Lease right-of-use assets
1.66
3.42
3.83
1.29
0.05
0.46
Goodwill
48.5
48.5
48.5
65.7
74.4
81.7
0
0
Intangible assets
14.8
10.6
7.25
4.42
56.4
53.7
0.99
0.06
Long-term investments
0
0.5
Other non-current assets
0.37
0.28
0.23
0.11
0.57
1.66
7.63
0.15
0.32
Total assets
170
189
207
322
470
508
222
164
49.6
Accounts payable
9.19
3.9
6.56
66.2
43.1
66.6
41.7
4.46
5.19
Deferred revenue
25.7
33
27.2
27.1
28.2
22.8
8.17
7.61
8.68
Total current liabilities
126
65.7
97.2
204
163
201
138
120
33.5
Lease liabilities
0.71
1.37
1.46
1.38
0.5
0.63
Other non-current liabilities
0.67
0.45
4.9
0.46
2.07
0.04
0.04
Total liabilities
130
68.8
101
207
191
216
142
122
35.2
Paid-in capital
65.7
274
293
305
492
526
529
531
503
Retained earnings
-124
-149
-36.9
Treasury stock
-2.47
-2.09
-0.58
-4.86
-10.3
-20.9
-28.5
-28.7
-0.03
Other comprehensive income
-3.24
-3.32
-5.87
-7.48
-2.48
0.86
-4.09
-4.07
-0.31
Shareholders' equity
-55.9
-64.3
120
105
102
272
284
74.9
37.1
13
Minority interests
1.32
12.5
6.99
7.24
4.36
4.13
1.36
Total equity
-55.9
-64.3
120
107
115
279
292
79.3
41.3
14.4
Total liabilities and equity
170
189
207
322
470
508
222
164
49.6
Shares outstanding
13.6
26.1
Cash flow statement
FY2015
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
Net income
-39.7
-27.3
-24.6
-32.6
-10.8
-14.9
-16.6
-203
-38.9
-29.1
Depreciation and amortization
1.14
1.51
1.36
1.06
0.33
0.38
0.65
0.32
0.14
0
Stock-based compensation
6.49
21.2
5.07
19.7
5.41
6.25
1.53
3.79
1.08
0.73
Deferred income tax
-1.29
-1.06
-0.71
-0.91
-1.08
-1.15
-0.91
1.12
0.51
-0.03
Change in receivables
-13.7
-2.33
-8.68
-25.5
-85.4
2
-60.3
-4.14
-1.83
1.56
Change in payables
1.89
-2.04
-5.48
2.69
61.3
-23.3
23.4
-4.17
0.52
0.73
Cash from operations
-9.8
-3.91
-13.9
-15.4
-30.3
-19.6
-19.7
71.1
-19.4
-21.8
Capital expenditures
-2.63
-0.88
-0.15
-0.25
-0.47
-0.56
-1.39
-0.13
-0.08
-0.02
Acquisitions
1.69
-7.17
6.23
-10
-7.74
-5.16
Cash from investing
-18.1
0.52
-25.2
8.4
6.76
-27.7
-22.4
-3.98
-0.99
-1
Stock issued
0
0
28.4
0.66
0.32
1.31
17
0.07
Share buybacks
-11.6
0
0
-0.04
-4.41
-5.68
-10.7
-7.57
-0.21
Cash from financing
-2.61
24.6
25.5
27.8
44.8
80
24.7
-37.3
-6.09
-36.5
Exchange rate effect
-0.23
-0.06
0.39
-0.33
-0.39
1.01
0.53
Net change in cash
-30.5
16.9
-8.27
20.8
21.3
32.7
-17.3
29.8
-26.5
-59.4
Free cash flow
-12.4
-4.79
-14
-15.7
-30.8
-20.2
-21.1
71
-19.5
-21.8
Interest paid
0.1
0.71
0.58
0.69
2.11
2.55
3.92
2.11
1.43
0.51
Income taxes paid
-0.91
-0.67
1.12
1.02
0.13
2.96
3.68
1.95
0.34
0.03
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $1.86 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
51.0%
Gross profit / revenue.
Operating margin
-52.9%
Operating income / revenue.
EBITDA margin
-52.9%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-73.2%
Pre-tax income / revenue.
Net margin
-88.7%
Net income / revenue.
FCF margin
-66.6%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-66.5%
Cash from operations / revenue.
Return on equity (ROE)
-116.1%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-27.3%
Net income / average total assets.
Return on invested capital (ROIC)
-168.8%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue
2.7%
Research and development expense / revenue.
Stock-based pay / revenue
2.2%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.0%
Capital expenditures / revenue.
D&A / revenue
0.0%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-9.0%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-52.6%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
-30.3%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
-12.2%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
-42.7%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y
-21.6%
Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y
-64.9%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
-64.2%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y
-33.8%
Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
-69.7%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-53.9%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-31.2%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
-10.4%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
-1.7%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
9.9%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.45x
Current assets / current liabilities.
Quick ratio
1.08x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.78x
(Cash + short-term investments) / current liabilities.
Market cap + total debt - cash - short-term investments.
P/S
5.35x
Market cap / revenue.
P/B
13.5x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
13.5x
Market cap / tangible book value, when positive.
EV/Sales
4.55x
Enterprise value / revenue.
FCF yield
-12.5%
Free cash flow / market cap.
Earnings yield
-16.6%
Net income / market cap (the inverse of P/E).
What was Amber International Holding Ltd's revenue in fiscal 2024?
Amber International Holding Ltd reported revenue of $32.8M for fiscal 2024, 9% lower than the year before.
Was Amber International Holding Ltd profitable in fiscal 2024?
No. It reported a net loss of $29.1M.
How much free cash flow did Amber International Holding Ltd generate in fiscal 2024?
Cash from operations of $21.8M minus capital expenditures of $16.0K left free cash flow of -$21.8M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.