Amber's second quarter revenue reached $21 million and gross profit reached $15 million
2025-09-10 11:13:49
Amber, a crypto financial services provider, today announced its unaudited financial results for the second quarter ended June 30, 2025. Total revenue reached $21 million in the second quarter of 2025, primarily driven by strong growth in WFTL-designated contracts, wealth management solutions, and consolidation of combined marketing and enterprise solutions revenue. Reached $35.90 million in the first half of 2025. Gross profit soared to $15 million in the second quarter of 2025 and to $26 million in the first half of 2025. The company had $25.8 million in cash and cash equivalents, time deposits, and restricted cash as of June 30, 2025, compared to $9.3 million as of December 31, 2024.
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