Chaince Digital Holdings Inc.

Chaince Digital Holdings Inc. reported a net loss of $5.1 million for FY 2025, an increase from a $4.5 million loss in FY 2024. Total revenue from continuing operations (financial services and advisory businesses) grew 278% year-over-year to $1.9 million, driven by expansion in IPO-related advisory, industry consulting, and PIPE advisory services. Gross profit improved to $1.2 million with a gross margin of 64.31%, up from 47.45% in the prior year, reflecting a favorable revenue mix shift. However, operating losses from continuing operations widened to $3.8 million due to increased general and administrative expenses related to business expansion. The company strengthened its liquidity position, ending the year with $33.8 million in cash and cash equivalents, primarily from $13.4 million in net financing proceeds. Management has discontinued its Filecoin mining operations, which are now classified as discontinued operations, resulting in a $2.8 million loss for the year.

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