Amber International Holding Limited reported a second-quarter profit of $1.5 million as its strategic shift toward AI-driven financial services began to materialize. The company, which rebranded from iClick Interactive Asia earlier this year, posted total revenue of $13.9 million for the three months ended June 30, a 39% increase from the prior quarter but below Wall Street’s $14.8 million estimate.
Gross profit climbed to $11.1 million from $6.8 million in Q1, lifting the gross margin to 79.5% from 67.7%. Operating expenses remained flat at about $10 million, enabling the company to post its first positive operating income in two years at $1 million. Adjusted EBITDA also turned positive, reaching $1.9 million compared with a loss of $3.2 million in the first quarter. Cash and equivalents totaled $34.2 million as of June 30.
The company’s revenue breakdown showed digital assets platform revenue of $6.6 million and agentic revenue of $7.4 million, including $3.5 million from the A-MM platform in its first quarter of contribution. Combined revenue from these segments reached $10.1 million, exceeding the prior guidance range of $9.0 million to $10.0 million. Management noted that the company’s prior financial outlook no longer aligned with its transition to a technology-focused business model, and it withdrew previous guidance pending further operational history under the new strategy.
Amber International launched its consumer finance agent, Ambre, on September 1 to a limited client base, while its marketing operations agent, MIA, now serves more than 100 enterprise customers. The company also operates A3S, its agent-native operating system, and A-MM, a digital assets platform component. Chief Executive Michael Wu emphasized the strategic pivot during the earnings call, stating the company is positioning itself as a technology provider rather than a digital wealth manager.
The company repurchased approximately 2.6 million American Depositary Shares for $5.8 million under a $50 million buyback program, leaving $44.2 million available for future repurchases. Shares rose 3.92% in premarket trading to $1.06, well below the 52-week high of $5.27 but above the low of $0.83.
Management plans to host an inaugural Investor Day before the end of 2026 to provide further details on its AI strategy and updated financial framework.
