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Intchains(ICG) - 2025 Q3 - Earnings Call Presentation
2025-11-14 01:00
Financial Performance (Q3 2025 vs Q3 2024) - Revenue decreased to RMB 9.1 million ($1.3 million) from RMB 60.3 million due to market cyclicality and softer demand[16] - Net income increased significantly to RMB 74.4 million ($10.5 million) from RMB 3.2 million, primarily due to gains on fair value of cryptocurrency holdings related to a ~67.5% increase in ETH price[16] Financial Performance (9M 2025 vs 9M 2024) - Revenue decreased to RMB 184.7 million ($25.9 million) from RMB 207.6 million, affected by market cyclicality in Q3, offset by strong ALEO miner sales in Q1[16] - Net income increased to RMB 78.7 million ($11.1 million) from RMB 38.7 million, driven by gains on fair value of cryptocurrency holdings related to a ~21.4% increase in ETH price and a 3,117 unit increase of ETH holdings[17, 18] Investments and Assets - R&D investments totaled RMB 64.2 million ($9.0 million), focused on developing new mining machines and upgrading existing ones[19] - Cash position as of September 30, 2025, was RMB 473.6 million ($66.5 million), including cash, equivalents, deposits, and government securities[19] - Total current assets were RMB 663.5 million ($93.2 million), and total assets were RMB 1,143.0 million ($160.6 million) as of September 30, 2025[22] ETH Accumulation and Staking - The company held 8,819 units of ETH, valued at RMB 262.8 million as of September 30, 2025[23] - 1,000 units of ETH, approximately 11.3% of total ETH holdings, were staked on the FalconX platform to generate yields[23] - Intchains plans to acquire a Proof-of-Stake (PoS) platform for $1.3 million to enhance ETH yield through diversified staking[24, 25]
X @Lookonchain
Lookonchain· 2025-08-24 00:29
5 newly created wallets have accumulated 19,332 $ETH($92M) in the past 2 days.Address:0xDda8E9405CFd9Cdc3D32f2c87a7d01909c5d5A5c0xa7a503d31465a99B71079afCE56f40431048E24e0x3c6ad13d6692c6ac194E6D52b49B836fc61611420xD30325347E1Ea4A54d838Ad4FFD81a471361Bc820x854fCCdb10076f16BDcdaa39d59314172feD2156 ...