Intchains Group Ltd

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Intchains reports Q1 loss, focuses on WEB3 growth strategies

Intchains Group Ltd faced financial headwinds in Q1 2024 with a decline in revenue, a significant net loss, and notable cost increases, primarily in R&D and inventory.
Despite these challenges, the company showcased technological strengths, emphasized its position in the WEB3 industry, and outlined strategic investments in cryptocurrencies for future growth.
Navigating the financial challenges while capitalizing on opportunities in the evolving WEB3 landscape will be crucial for Intchains to drive sustainable growth and profitability.
Investors should monitor how Intchains addresses its financial performance and strategic initiatives to position itself competitively in the dynamic digital market environment.

Intchains Group Ltd (ICG) reports stellar Q2 earnings amid crypto market surge

Intchains Group Ltd (ICG) delivered outstanding financial results in Q2 2024, driven by robust revenue growth, profitability, and strategic asset management amidst market challenges and opportunities.
The company's focus on innovation, market monitoring, and expansion underscores its resilience and commitment to long-term growth, supported by a strong blockchain infrastructure and expertise in the cryptocurrency sector.
Despite facing challenges such as operating expenses and market risks, Intchains remains well-positioned to capitalize on the booming cryptocurrency market, drive innovation, and create sustainable value for shareholders and stakeholders.

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Intchains Group Ltd. is an ASIC chip design company, which engages in providing integrated solutions consisting of high-performance ASIC chips, and ancillary software and hardware for blockchain applications. It also utilizes a fabless business model and specializes in the front-end and back-end of IC design. The company was founded in December 2017 and is headquartered in Shanghai, China.

NEW YORK--(BUSINESS WIRE)--Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of Intchains Group Limited. Intchains Group Limited (NASDAQ: ICG) is a provider of integrated solutions consisting of high-performance application specific integrated circuits (ASIC) chips and ancillary software and hardware for blockchain applications.

Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Intchains Group Limited

Shanghai, China, March 20, 2023 (GLOBE NEWSWIRE) -- Intchains Group Limited (Nasdaq: ICG)(the “Company”), a provider of integrated solutions consisting of high-performance ASIC chips and ancillary software and hardware for blockchain applications, today announced the closing of its initial public offering (the “Offering”) of 1,000,000 American Depositary Shares (“ADS”) at a price to public of US$8.00 per ADS for the total offering size of approximately US$8.0 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Each ADS represents two Class A ordinary shares of the Company. The ADSs began trading on March 16, 2023, U.S. Eastern time, on the Nasdaq Capital Market under the symbol “ICG.”

Intchains Group Limited Announces Closing of US$8.0 Million Initial Public Offering

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Shanghai, China, March 15, 2023 (GLOBE NEWSWIRE) -- Intchains Group Limited (the “Company” or “Intchains Group”), a provider of integrated solutions consisting of high-performance ASIC chips and ancillary software and hardware for blockchain applications, today announced the pricing of its initial public offering (the “Offering”) of 1,000,000 American Depositary Shares (“ADS”) at a price to public of US$8.00 per ADS for the total offering size of approximately US$8.0 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Each ADS represents two Class A ordinary shares of the Company. The ADSs are expected to commence trading on March 16, 2023, U.S. Eastern time, on the Nasdaq Capital Market under the symbol “ICG.” The offering is expected to close on March 20, 2022, subject to customary closing conditions.

Intchains Group Limited Announces Pricing of US$8.0 Million Initial Public Offering

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Intchains has filed proposed terms for a $30 million U.S. IPO. The firm designs ASICs for use in cryptocurrency mining applications.

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News for Intchains Group Ltd Stock (ICG)