stockrowAmber International Holding Limited - Sponsored ADR
AMBR Financial Asset Management
Amber International Holding Limited - Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $66.1 million, up 784.1% from fiscal 2024.
- Revenue
- −26.5%
- EPS
- +57.0%
- Free cash flow
- +274.3%
Quarter to June 2026, against a year earlier
Follow AMBR
Alert me
Amber International Holding Limited - Sponsored ADR (AMBR) Altman Z-score
Amber International Holding Limited - Sponsored ADR's Altman Z-score for fiscal 2025 cannot be worked out: not meaningful for banks, insurers and REITs.
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2024 | 3.12 | 6.59 |
| FY2023 | −3.47 | 0.79 |
| FY2022 | −4.27 | (5.77) |
| FY2021 | 1.50 | (0.93) |
| FY2020 | 2.43 | 2.08 |
| FY2019 | 0.35 | (0.12) |
| FY2018 | 0.47 | (1.41) |
| FY2017 | 1.88 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.20 | — | 0.24 | |
| Retained earnings / total assets | (0.13) | — | −0.18 | |
| EBIT / total assets | 0.01 | — | 0.03 | |
| Market value of equity / total liabilities | 1.03 | — | 0.62 | |
| Sales / total assets | 0.26 | — | 0.26 | |
| Altman Z-score | n/a — not meaningful for banks, insurers and REITs | — | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | n/a — not meaningful for banks, insurers and REITs | — | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| EARN Ellington Credit Company compare | — |
| AMBR Amber International Holding Limited - Sponsored ADR | — |
| TPVG TriplePoint Venture Growth BDC Corp. compare | — |
| WHG Westwood Holdings Group Inc compare | — |
| HSDT Solana Company compare | — |
| SPMC Sound Point Meridian Capital, Inc. compare | — |
| SAMG Silvercrest Asset Management Group Inc. compare | — |
| WHF WhiteHorse Finance, Inc. compare | — |
| NSLR Neostellar Capital Corp. compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets