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Intchains Group Ltd. ADR (ICG)
:ICG
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 14, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.06Last Year’s EPS
0.06Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 22, 2025
|% Change Since: -33.09%
|Next Earnings Date:Aug 14, 2025
Earnings Call Sentiment|Neutral
The quarter showcased strong revenue growth and improved gross margins, driven by successful launches of new mining products. However, the challenging macroeconomic environment and significant losses due to cryptocurrency market volatility presented notable challenges.Company Guidance
During the first quarter of 2025, Intchains Group Limited reported strong financial performance despite a challenging macroeconomic environment and a significant 18% decline in the total market cap of cryptocurrency. The company achieved a revenue of $18.2 million, marking a 78.5% quarter-over-quarter increase and exceeding their guidance range of $15 million to $16 million. Gross margin improved significantly to 56.9% from 26.2% in the previous quarter, reflecting a 286.9% growth. Operating income turned positive at $5.1 million, recovering from a loss in Q4 2024. However, net income was negative $4.7 million due to a $9.8 million non-cash revaluation loss of cryptocurrency holdings, primarily impacted by a 46% drop in Ethereum prices. Despite this, the company increased its Ether holdings by 23% to 7,023 units. The Aleo mining miner series, launched in February, contributed nearly 75% of the total revenue and played a significant role in driving the strong financial outcomes. Looking ahead, Intchains projects first-half 2025 revenue between RMB 180 million to RMB 200 million and remains focused on innovation and long-term value creation.Record Revenue and Growth
Revenue reached $18.2 million, a 78.5% quarter-over-quarter increase, exceeding the upper end of the guidance range of $15 million to $16 million.
Significant Gross Margin Improvement
Gross margin improved to 56.9%, up from 26.2% last quarter, reflecting continued focus on product optimization and operational efficiency.
Positive Operating Income
Operating income turned positive at $5.1 million, a strong recovery from a loss in Q4 2024.
Aleo Mining Series Success
The Aleo mining miner series launched successfully, accounting for nearly 75% of total revenue and contributing to the highest quarterly revenue since 2023.
Strategic Product Launches
Launched five iterations of Aleo series miners and the Goldshell Byte, an innovative power mining machine supporting Aleo, Dogecoin, and Litecoin, showcasing technical strength.
ICG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ICG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 22, 2025 | $2.69 | $2.16 | -19.70% |
Feb 27, 2025 | $3.83 | $3.95 | +3.13% |
Nov 20, 2024 | $4.32 | $4.13 | -4.40% |
Aug 15, 2024 | $5.74 | $6.00 | +4.53% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Intchains Group Ltd. ADR (ICG) report earnings?
Intchains Group Ltd. ADR (ICG) is schdueled to report earning on Aug 14, 2025, TBA Not Confirmed.
What is Intchains Group Ltd. ADR (ICG) earnings time?
Intchains Group Ltd. ADR (ICG) earnings time is at Aug 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ICG EPS forecast?
ICG EPS forecast for the fiscal quarter 2025 (Q2) is 0.06.