Workflow
Intchains(ICG)
icon
Search documents
Intchains Group Limited to Participate in the “Digital Assets 2025: To Bitcoin and Beyond,” Virtual Conference Presented by Maxim Group LLC on Wednesday, February 12th at 9:30 a.m. EST
Globenewswire· 2025-02-05 08:08
Group 1 - Intchains Group Limited is an innovative altcoins development company focusing on integrated solutions for mining products and acquiring ETH-based cryptocurrencies as long-term asset reserves to support Web3 initiatives [1][3] - The company CFO, Charles Yan, will present at the "Digital Assets 2025: To Bitcoin and Beyond" virtual conference on February 12, 2025 [1][2] - The conference will feature discussions on the evolution of the digital asset industry, including insights from bitcoin miners, equipment providers, and corporate adopters of crypto [2][3] Group 2 - Maxim Group LLC is hosting the conference and is a full-service investment banking and wealth management firm providing a range of financial services [4] - The conference will be live on M-Vest, requiring attendees to sign up for membership to participate [3]
Intermediate Capital Group plc: Total Voting Rights
Globenewswire· 2025-02-03 07:00
Core Points - The Company has a total of 294,369,802 Ordinary shares issued as of January 31, 2025, with 3,733,333 shares held in Treasury, resulting in 290,636,469 total voting rights [1] - Shareholders can use the figure of 290,636,469 as the denominator for determining if they need to notify any interest or changes in interest in the Company under the FCA's rules [2] Contact Information - Analyst/Investor enquiries can be directed to Chris Hunt and Andrew Lewis, with their respective contact numbers provided for shareholder relations and company secretary [3] - Media inquiries can be addressed to Clare Glynn, with a contact number for corporate communications [3]
Intermediate Capital Group plc: Notification of Major Holdings
Globenewswire· 2025-01-27 15:49
Group 1 - The notification indicates that BlackRock, Inc. has crossed a significant threshold in voting rights for Intermediate Capital Group PLC, reaching a total of 5.39% [1][2] - The date on which the threshold was crossed is January 24, 2025, and the issuer was notified on January 27, 2025 [2][10] - The total number of voting rights held by BlackRock, Inc. is 15,731,231 shares, with 14,840,260 direct voting rights and 868,244 voting rights through financial instruments [2][3][4] Group 2 - The previous position held by BlackRock, Inc. was 5.11%, indicating an increase of 0.29% in voting rights [2][6] - The breakdown of voting rights shows 5.1% from direct shares and 0.29% from financial instruments, specifically Contracts for Difference (CFD) [2][4][5] - The notification includes a detailed chain of controlled undertakings through which BlackRock holds its voting rights, indicating a complex structure of ownership [6][7][8]
Intermediate Capital Group plc: Q3 trading statement for the nine months ended 31 December 2024
Globenewswire· 2025-01-22 07:00
Performance Overview - AUM reached $107bn, showing a 5.1% quarter-on-quarter growth and a 27.5% year-on-year increase [4] - Fee-earning AUM stood at $71bn, with a 2.8% quarter-on-quarter growth and an 8.1% year-on-year increase [4] - The company raised $22bn in the last twelve months, more than double the amount raised in calendar 2023 [6] Fundraising and Deployment - Q3 FY25 fundraising totaled $7.2bn, with $21.8bn raised over the last twelve months [4] - Deployment in Q3 FY25 was $3.0bn, with $12.7bn deployed over the last twelve months [4] - Realisations in Q3 FY25 were $2.4bn, with $6.8bn realised over the last twelve months [4] Business Segments - Structured and Private Equity: $5.3bn raised in Q3 FY25, $10.1bn over the last twelve months [4] - Private Debt: $0.2bn raised in Q3 FY25, $6.6bn over the last twelve months [4] - Real Assets: $0.7bn raised in Q3 FY25, $1.5bn over the last twelve months [4] - Credit: $1.0bn raised in Q3 FY25, $3.6bn over the last twelve months [4] AUM Breakdown - Fee-earning AUM: $71.1bn, with $31.9bn in Structured and Private Equity, $14.4bn in Private Debt, $7.4bn in Real Assets, and $17.5bn in Credit [7] - AUM not yet earning fees: $19.5bn, with $4.4bn in Structured and Private Equity, $14.0bn in Private Debt, $0.8bn in Real Assets, and $0.4bn in Credit [7] - Fee-exempt AUM: $12.7bn, with $8.4bn in Structured and Private Equity, $1.3bn in Private Debt, and $3.0bn in Real Assets [7] Balance Sheet and Liquidity - Balance sheet investment portfolio valued at £3,067m at 31 December 2024, up from £2,957m at 30 September 2024 [12] - Total available liquidity of £1.1bn at 31 December 2024, up from £0.9bn in H1 FY25 [12] ESG and Corporate Governance - AAA ESG rating awarded by MSCI for the fourth consecutive year [6] - Membership of the Dow Jones Sustainability Index (Europe) for the second consecutive year [6] - Sonia Baxendale joined the Board as a Non-Executive Director in January 2025 [6] Foreign Exchange Impact - Stronger US Dollar at 31 December 2024 compared to 30 September 2024 impacted the US Dollar value of non-US Dollar funds [8] - Management fees are received in the fund currency, mitigating some of the FX impact [8] Future Fundraising - Actively fundraising for Strategic Equity V, Europe Mid-Market II, Europe IX, Core Private Equity, European Infrastructure II, and various Real Estate strategies [11] - Anticipated final closes for Strategic Equity V and Europe Mid-Market II before the end of FY25, subject to market conditions [11] Company Timetable - Shareholder seminar on ICG Strategic Equity to be held online on 5 March 2025 [6] - Full year results announcement scheduled for 21 May 2025 [14]
Intermediate Capital Group plc: Block Listing Six Monthly Return
Globenewswire· 2024-12-30 07:00
Summary of Key Points Core Viewpoint - Intermediate Capital Group PLC has reported on its Save As You Earn Plan 2004, detailing the balance of unallotted securities and the number of securities issued during the reporting period. Group 1: Securities Information - The balance of unallotted securities under the Save As You Earn Plan 2004 as of the last return was 70,756 [1] - No increase has been applied for the block scheme since the last return [1] - During the reporting period, a total of 3,775 securities were issued/allotted under the scheme [1] - The balance of securities not yet issued/allotted at the end of the period stands at 66,981 [1]
Intchains Group Limited Announces Updates to Its ETH Activity and Holdings
GlobeNewswire News Room· 2024-11-29 16:14
Core Viewpoint - Intchains Group Limited is actively acquiring ETH-based cryptocurrencies to support its long-term asset reserve and Web3 development initiatives, reflecting a strategic focus on the altcoin market and integrated solutions for high-performance computing [1][4]. Summary by Sections ETH Acquisition and Holdings - Between September 30, 2024, and November 28, 2024, the company acquired approximately 915.3 ETH for about RMB20.7 million (US$2.9 million), at an average price of approximately RMB22,626 (US$3,123) per ETH, including fees and expenses [2]. - As of November 28, 2024, the company and its subsidiaries held approximately 5,066.6 ETH, acquired at an aggregate purchase price of approximately RMB107.0 million (US$14.8 million) and an average purchase price of approximately RMB21,117 (US$2,914) per ETH, including fees and expenses [3]. Company Overview - Intchains Group Limited focuses on providing integrated solutions with high-performance computing ASIC chip products for altcoins and acquiring ETH-based cryptocurrencies to support Web3 industry development initiatives [1][4].
Intchains(ICG) - 2024 Q3 - Earnings Call Transcript
2024-11-21 12:01
Financial Data and Key Metrics Changes - The company reported its Q3 2024 financial results, with specific metrics to be detailed by the CFO [1][2] - Forward-looking statements were made regarding the company's financial condition and operating results, highlighting potential risks and uncertainties [4] Business Line Data and Key Metrics Changes - Detailed performance across various business lines will be provided by the CFO during the call [2][3] Market Data and Key Metrics Changes - The company will discuss market performance and key metrics in relation to its strategic direction [2][3] Company Strategy and Development Direction and Industry Competition - The management will outline the company's strategic direction and competitive landscape during the call [2][3] Management's Comments on Operating Environment and Future Outlook - Management will provide insights on the operating environment and future outlook, emphasizing the importance of understanding risks and uncertainties [4] Other Important Information - The call will include a question-and-answer session to address investor inquiries [2][3] Q&A Session Summary Question: What are the expectations for future growth? - The management will address growth expectations and any relevant strategic initiatives during the Q&A session [2][3]
Intchains Group Limited Reports Third Quarter 2024 Unaudited Financial Results
GlobeNewswire News Room· 2024-11-20 22:00
Core Viewpoint - Intchains Group Limited reported significant growth in its third quarter financial results for 2024, with a notable increase in revenue and a shift from net loss to net income, driven by the rising demand for its ASIC chip products and strategic cryptocurrency acquisitions [1][3]. Financial Performance - Sales volume of ASIC chips reached 207,838 units in Q3 2024, up 25.9% from 165,056 units in Q3 2023 [2]. - Revenue for Q3 2024 was RMB60.3 million (US$8.6 million), a substantial increase of 781.4% from RMB6.8 million in Q3 2023 [2][4]. - Net income for Q3 2024 was RMB3.2 million (US$0.5 million), compared to a net loss of RMB19.1 million in Q3 2023 [2][7]. - Non-GAAP adjusted net income for Q3 2024 was RMB6.4 million (US$0.9 million), a turnaround from a non-GAAP adjusted net loss of RMB17.6 million in Q3 2023 [2][7]. Cost and Expenses - Cost of revenue for Q3 2024 was RMB19.5 million (US$2.8 million), up 29.6% from RMB15.1 million in Q3 2023, but the increase was lower than revenue growth due to higher gross margins on new ASIC products [5]. - Total operating expenses were RMB37.7 million (US$5.4 million) for Q3 2024, a 90.8% increase from RMB19.7 million in Q3 2023, primarily due to higher research and development and general administrative expenses [6]. Cryptocurrency Holdings - As of September 30, 2024, the fair value of cryptocurrency assets was RMB149.5 million (US$21.3 million), including approximately 4,149 ETH valued at RMB76.4 million (US$10.9 million) [2][3]. - The company reported a loss on the fair value of cryptocurrency of RMB13.1 million (US$1.9 million) in Q3 2024, attributed to market volatility, with ETH prices falling approximately 24.2% during the quarter [6]. Strategic Initiatives - The company launched Goldshell Pay in Q3 2024, a blockchain payment solution aimed at providing a one-stop service for merchants, which is currently in trial phase [8]. - Plans to launch a hardware crypto wallet in Q4 2024 and to complete the production of new ASICs by Q1 2025 were announced, indicating ongoing commitment to innovation and application expansion [3].
Intchains(ICG) - 2024 Q2 - Earnings Call Transcript
2024-08-16 15:12
Intchains Group Limited (NASDAQ:ICG) Q2 2024 Results Conference Call August 15, 2024 9:00 PM ET Company Participants Chaowei Yan - Chief Financial Officer Conference Call Participants Mark Palmer - Benchmark Zhaoyuan Wang - Sinolink Operator Good day, ladies and gentlemen. Thank you for standing by, and welcome to Intchains Second Quarter 2024 Earnings Conference Call. Today's conference is being recorded. If you have any objections, you may disconnect at this time. Joining us today is Mr. Chaowei Yan, Chie ...
Intchains Group Limited Reports Second Quarter 2024 Unaudited Financial Results
GlobeNewswire News Room· 2024-08-15 23:00
SHANGHAI, China, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a provider of integrated solutions consisting of high-performance computing ASIC chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ethereum, or ETH, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Operating and Financial Highlights Sales volume of ASIC chips is 274,019 units for the secon ...