Advanced Bitcoin Technologies AG further improved its earnings in the fiscal year from January 1st to December 31st, 2025, and moved closer to break-even. At the consolidated level, the net loss was reduced to -71 TEUR (fiscal year 2024 (previous year): -289 TEUR) based on an increase in revenues and group-wide cost savings. In addition, significant progress was made in the ongoing enforcement proceedings regarding the enforcement of the crypto claim title against the former escrow of savedroid AG’s Initial Coin Offering (ICO), who acted unlawfully. This progress increases the legal prospects for successfully enforcing the titled crypto claim.
Consolidated revenues increased to 134 TEUR in fiscal year 2025 (previous year: 126 TEUR) due to higher transaction volumes of the Bitcoin payment gateway abpay, operated by the Group’s wholly-owned Liechtenstein subsidiary, abpay GmbH. Operating profit (EBITDA, defined as revenues plus other own work capitalized, other operating income, less cost of materials, personnel expenses and other operating expenses) decreased to 120 TEUR (previous year: 1,137 TEUR). The decline in EBITDA was primarily due to lower gains on the sale of cryptocurrencies amounting to 122 TEUR (previous year: 989 TEUR). Using the LIFO (last-in, first-out) method and applying historical cost as the upper valuation limit, cryptocurrency holdings amounted to 7,748 TEUR as of December 31st, 2025 (previous year: 7,595 TEUR), while the market value as per the same date was 33,414 TEUR.