Amber International Q2 revenue rises on agentic AI shift; withdraws outlook - AMBR News | RalliesAmber International Q2 revenue rises on agentic AI shift; withdraws outlook
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AMBR• Q2 revenue rises as agentic AI revenue mix expands
- Singapore AI agent builder's preliminary Q2 revenue rose 38.8% qtr/qtr to $13.9 mln.
- Gross margin expanded to 79.5% from 67.7% last quarter, driven by higher-margin agentic revenue.
- Company said higher-margin agentic revenue, including initial contribution from A-MM, drove gross margin expansion and profitability.
Company withdraws guidance during strategic transition
- Company withdrew previous financial guidance due to its strategic transition to an AI agent business.
- Amber expects to provide updated guidance after establishing sufficient operating history and forecasting visibility.
- Company plans to present an expanded agent portfolio and financial framework at an Investor Day before year-end.
Product launches and wealth management demand supported results
- Ambre and MIA, the first specialized AI agents, launched and contributed to revenue growth.
- Stronger demand for diversified and newly launched investment products drove wealth management solutions revenue.
| Metric | Actual |
|---|
| H1 Revenue | $23.90 mln |
| H1 Gross Margin | 74.50% |
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