v3.26.1
Revenue and segment reporting (Tables)
12 Months Ended
Dec. 31, 2025
Revenue and segment reporting  
Schedule of operating segments using asset or liability

​

​

​

​

​

​

​

​

​

​

For the years ended December 31,

​

  ​ ​ ​

2023

  ​ ​ ​

2024

  ​ ​ ​

2025

Digital Assets Services and Solutions

​

​

​

​

​

​

Wealth management solutions

​

1,617

​

6,194

​

34,909

Execution solutions

 

138

 

320

 

11,243

Payment solutions

 

979

 

961

 

4,086

​

 

2,734

 

7,475

 

50,238

Online Advertising and SaaS Solutions

​

​

​

​

​

​

Sales agent

​

—

​

—

​

1,261

Cost-plus

​

—

​

—

​

1,497

Specified actions

​

—

​

—

​

6,509

SaaS products and services

​

—

​

—

​

6,584

​

​

—

​

—

​

15,851

​

​

​

​

​

​

​

Total segment revenues

​

2,734

​

7,475

​

66,089

​

​

​

​

​

​

​

Timing of revenue recognition:

​

​

​

​

​

​

- At a point in time

​

1,161

​

1,311

​

26,906

- Over time

​

1,573

​

6,164

​

39,183

​

​

2,734

​

7,475

​

66,089

​

​

​

​

​

​

​

​

​

​

For the years ended December 31,

​

  ​ ​ ​

2023

  ​ ​ ​

2024

  ​ ​ ​

2025

Segment operating (loss)/profit:

​

​

​

​

​

​

- Digital Assets Services and Solutions

 

(3,644)

 

(5,306)

 

4,380

- Online Advertising and SaaS Solutions

 

—

 

—

 

3,010

- Other segment *

 

—

 

—

 

(4,795)

​

 

(3,644)

 

(5,306)

 

2,595

​

​

​

​

​

​

​

Finance (costs)/income, net

 

(145)

 

104

 

548

Other (loss)/gains, net

 

(9,747)

 

(18,071)

 

505

Share of losses from an equity investee

 

—

 

—

 

(50)

(Loss)/profit from continuing operations before income tax credit

 

(13,536)

 

(23,273)

 

3,598

*

Other segment refers to head office and group services

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

​

​

Share of 

​

​

Depreciation

​

​

​

​

​

​

​

losses from

​

​

and 

​

Finance 

​

​

​

Income tax 

​

an equity 

​

  ​ ​ ​

amortization

  ​ ​ ​

income

  ​ ​ ​

Finance costs

  ​ ​ ​

credit

  ​ ​ ​

investee

Year ended December 31, 2023

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Digital Assets Services and Solutions

 

(740)

 

—

 

(145)

 

—

 

—

Online Advertising and SaaS Solutions

 

—

 

—

 

—

 

—

 

—

​

 

(740)

 

—

 

(145)

 

—

 

—

​

​

​

​

​

​

​

​

​

​

​

Year ended December 31, 2024

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Digital Assets Services and Solutions

 

(379)

 

150

 

(46)

 

—

 

—

Online Advertising and SaaS Solutions

 

—

 

—

 

—

 

—

 

—

​

 

(379)

 

150

 

(46)

 

—

 

—

​

​

​

​

​

​

​

​

​

​

​

Year ended December 31, 2025

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Digital Assets Services and Solutions

 

(406)

 

131

 

(22)

 

7

 

—

Online Advertising and SaaS Solutions

 

(1,045)

 

297

 

(49)

 

1,060

 

—

Other segment *

 

—

 

191

 

—

 

—

 

(50)

​

 

(1,451)

 

619

 

(71)

 

1,067

 

(50)

*Other segment refers to head office and group services

​

​

​

​

​

​

​

​

​

​

For the years ended December 31,

​

  ​ ​ ​

2023

  ​ ​ ​

2024

  ​ ​ ​

2025

Segment assets

​

​

​

​

​

​

Digital Assets Services and Solution

 

36,851

 

129,834

 

167,574

Online Advertising and SaaS Solutions

 

—

 

—

 

75,267

Total segment assets

 

36,851

 

129,834

 

242,841

​

​

​

​

​

​

​

Intersegment eliminations

 

—

 

—

 

(6,087)

Discontinued operations

 

—

 

—

 

17

Unallocated items

 

—

 

—

 

19,608

Total assets as per the statement of financial position

 

36,851

 

129,834

 

256,379

​

​

​

​

​

​

​

Additions to non-current assets

​

​

​

​

​

​

Digital Assets Services and Solution

​

—

​

800

​

420

Online Advertising and SaaS Solutions

​

—

​

—

​

42,570

​

​

—

​

800

​

42,990

​

​

​

​

​

​

​

Segment liabilities

 

  ​

 

  ​

 

  ​

Digital Assets Services and Solution

 

41,399

 

100,049

 

132,379

Online Advertising and SaaS Solutions

 

—

 

—

 

17,996

Total segment liabilities

 

41,399

 

100,049

 

150,375

​

​

​

​

​

​

​

Intersegment eliminations

 

—

 

—

 

(6,085)

Discontinued operations

 

—

 

—

 

1,277

Unallocated items

 

—

 

—

 

500

Total liabilities as per the statement of financial position

 

41,399

 

100,049

 

146,067

​

Schedule of revenue by geographic location

​

​

​

​

​

​

​

​

​

​

For the years ended December 31,

​

  ​ ​ ​

2023

  ​ ​ ​

2024

  ​ ​ ​

2025

Asia

​

988

​

1,562

​

20,848

North America

​

1,338

​

3,946

​

20,915

Africa

 

303

 

1,848

 

24,212

Europe

 

98

 

87

 

13

Others

 

7

 

32

 

101

​

 

2,734

 

7,475

 

66,089