The company has significantly improved its financial position by reducing its debt-to-equity ratio from 1.11 in 2024Q2 to 0.05 in 2025Q2, though total assets have contracted to $248.2M.
| Total Assets | 248.17M | 256.38M | 49.6M | 163.7M | 221.78M | 507.73M | 470.12M | 310.96M | 207.26M | 188.82M | 169.64M | 146.11M | 108.23M |
| Asset Growth % | -29.14% | 416.93% | -69.7% | -26.19% | -56.32% | 8% | 51.18% | 50.03% | 9.76% | 11.31% | 16.1% | - | - |
| Real Estate & Other Assets | 501K | 0 | 324K | 450K | 7.63M | 1.66M | 3.49M | 109K | 232K | 0 | 249K | 0 | 7.91M |
| PP&E (Net) | 2.03M | 1.58M | 473K | 54K | 1.53M | 5.76M | 4.53M | 2.19M | 329K | 1.17M | 2.32M | 2.94M | 12.92M |
| Investment Securities | 1000K | 1000K | 142K | 1000K | 1000K | 1000K | 1000K | 1000K | 503K | 284K | 122K | 225K | 0 |
| Total Current Assets | 175.41M | 196.93M | 48.6M | 159.8M | 204.66M | 351.27M | 321.18M | 245.39M | 149.3M | 127.43M | 102.97M | 74.71M | 61.91M |
| Cash & Equivalents | 22.72M | 33.07M | 19.64M | 50.77M | 82.75M | 41.44M | 52.23M | 36.85M | 39.83M | 19.4M | 27.28M | 10.39M | 41.24M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 103.81M | 68.38M | 554K | 31.21M | 23.57M | 37.4M | 43.18M | 25.34M | 996K | 596K | 2.27M | 3.45M | 5.02M |
| Intangible Assets | 3.18M | 2.95M | 60K | 443K | 991K | 53.71M | 56.43M | 4.42M | 7.25M | 10.6M | 14.8M | 19.09M | 1.01M |
| Total Liabilities | 156.87M | 146.07M | 35.22M | 122.45M | 142.49M | 216.15M | 191.03M | 206.96M | 100.62M | 68.84M | 145.01M | 132.72M | 43.27M |
| Total Debt | 4.85M | 2.14M | 3.03M | 41.3M | 47.81M | 79.13M | 59.37M | 87.68M | 44.28M | 10.49M | 12.98M | 8.54M | 3.46M |
| Net Debt | -17.87M | -30.93M | -16.61M | -9.47M | -34.94M | 37.69M | 7.14M | 50.83M | 4.45M | -8.91M | -14.3M | -1.85M | -37.78M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.14M |
| Short-Term Borrowings | 2.67M | 1.42M | 1.93M | 38.41M | 44.28M | 75.53M | 56.04M | 85.86M | 44.28M | 10.49M | 12.98M | 8.54M | 1.32M |
| Capital Lease Obligations | 7.96M | 1.59M | 1.1M | 2.89M | 3.53M | 3.6M | 3.33M | 1.82M | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 154.58M | 145.3M | 33.47M | 120.07M | 137.72M | 200.84M | 162.85M | 203.94M | 97.15M | 65.68M | 126.57M | 115.12M | 37.27M |
| Accounts Payable | 5.89M | 46.03M | 5.19M | 40.32M | 41.73M | 66.59M | 43.14M | 66.16M | 6.56M | 3.9M | 9.19M | 11.22M | 1.73M |
| Deferred Revenue | 9.26M | 8.58M | 9.11M | 0 | 17.8M | 23.22M | 28.2M | 27.09M | 27.19M | 33.04M | 26.47M | 15.97M | 26.17M |
| Other Liabilities | 40K | 47K | 40K | 1.15M | 1.7M | 1 | 12.28M | 0 | 0 | 0 | 15.8M | 13.89M | 2.11M |
| Total Equity | 91.3M | 110.31M | 14.38M | 41.25M | 79.29M | 291.59M | 279.09M | 104M | 106.64M | 119.98M | 129.01M | 96.6M | 64.96M |
| Equity Growth % | 11.41% | 667.02% | -65.14% | -47.97% | -72.81% | 4.48% | 168.36% | -2.48% | -11.12% | -7% | 33.55% | - | - |
| Shareholders Equity | 91.3M | 110.31M | 13.02M | 37.13M | 74.93M | 284.35M | 272.1M | 102.1M | 105.33M | 119.98M | 24.63M | 13.39M | 64.96M |
| Minority Interest | -4K | 0 | 1.36M | 4.13M | 4.36M | 7.24M | 6.99M | 1.9M | 1.31M | 0 | 104.38M | 83.21M | 0 |
| Common Stock | 73.43M | 424K | 44K | 50K | 49K | 48K | 46K | 29K | 28K | 26K | 14K | 13K | 25.77K |
| Additional Paid-in Capital | 0 | 90.54M | 502.63M | 530.52M | 529.46M | 525.51M | 492.4M | 305.34M | 293.07M | 274.29M | 65.69M | 53.92M | 0 |
| Retained Earnings | -35.22M | -33.14M | -489.4M | -460.8M | -422.11M | -221.24M | -207.61M | -191.02M | -181.41M | -149M | -124.39M | -97.06M | -108.13M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 88.94M | 69.32M | 0 |
| Return on Assets (ROA) | -2.08% | 2.45% | -27.2% | -20.07% | -55.58% | -3.37% | -3.79% | -4.03% | -16.36% | -13.74% | -17.31% | -27.18% | -25.6% |
| Return on Equity (ROE) | -7.33% | 6.02% | -104.28% | -64.19% | -109.32% | -5.78% | -7.72% | -9.91% | -28.6% | -19.77% | -24.23% | -41.11% | -42.65% |
| Debt / Assets | 1.95% | 0.83% | 6.11% | 25.23% | 21.56% | 15.59% | 12.63% | 28.2% | 21.36% | 5.55% | 7.65% | 5.85% | 3.2% |
| Debt / Equity | 0.05x | 0.02x | 0.21x | 1.00x | 0.60x | 0.27x | 0.21x | 0.84x | 0.42x | 0.09x | 0.10x | 0.09x | 0.05x |
| Net Debt / EBITDA | 0.61x | -7.26x | - | - | - | - | 7.48x | - | - | - | - | - | - |
| Book Value per Share | 25.21 | 31.83 | 7.00 | 20.17 | 39.31 | 151.28 | 177.23 | 90.96 | 100.79 | 215.30 | 245.05 | 207.10 | 0.31 |
Frontier market project concentration
As reported in the latest financial statements, AMBR's total assets fluctuated from $456.7M in 2022Q1 to $248.2M in 2025Q2, indicating a contraction in the asset base that suggests the company is currently liquidating or completing legacy projects rather than aggressively expanding its development footprint.
The reduction in total assets alongside a significant decline in total liabilities suggests a deliberate deleveraging strategy. This trajectory implies that management is prioritizing balance sheet consolidation over new project starts, likely to mitigate risks associated with frontier market volatility.
Based on the provided balance sheet data, AMBR maintains a remarkably low debt-to-equity ratio of 0.05 as of 2025Q2, which stands in stark contrast to the 1.11 ratio observed in 2024Q2, reflecting a rapid and substantial reduction in corporate-level leverage.
This near-zero debt profile provides a significant buffer against interest rate volatility, which is critical given the company's exposure to unpredictable frontier jurisdictions. Investors should monitor whether this lack of leverage is a permanent strategic shift or a temporary response to a lack of viable, risk-adjusted development opportunities.
According to the company's historical filings, cash reserves have shifted from $99.9M in 2022Q3 to $30.5M in 2025Q2, representing a notable decline in liquidity that warrants investigation into whether these funds are being deployed into capital-intensive projects or consumed by ongoing administrative overhead.
While the current cash position remains sufficient to cover existing debt obligations, the downward trend in liquidity suggests that the company's ability to fund future development without external financing may be diminishing. The reliance on cash-on-hand to sustain operations highlights the absence of a recurring, self-funding revenue stream.
As indicated by the balance sheet, net property, plant, and equipment (PPE) remains minimal at $2.0M in 2025Q2, which, based on the company's development-focused business model, suggests that the majority of value is likely tied to land banks or work-in-progress assets rather than income-producing real estate.
The lack of significant net PPE implies that the company's balance sheet is highly sensitive to the valuation of its development pipeline, which is notoriously difficult to appraise in frontier markets. This creates a risk where asset values could be subject to sudden, non-linear impairments if regulatory or market conditions shift unexpectedly.
Quick answers to the most common questions about buying AMBR stock.
As of 2025, Amber International Holding Ltd (AMBR) had total assets of $256.4M including $196.9M in current assets.
Amber International Holding Ltd (AMBR) carries total debt of $2.1M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Amber International Holding Ltd (AMBR) has total shareholders' equity (book value) of $110.3M ($31.83 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Amber International Holding Ltd (AMBR) reported a current ratio of 1.36x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.