Intchains Group Ltd. · NASDAQ:ICG
Intchains — Q3 2025 Earnings Presentation
14 slides from Intchains's earnings presentation, Nov 13, 2025
Slide 1: Earnings Presentation Q3 2025 / 9M 2025
Intchains Group Ltd. Earnings Presentation Q3 2025 / 9M 2025 A leading provider of high-performance altcoin mining products Strategically investing in Ethereum accumulation and Web3 applications Nasdaq: ICG 1
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements. All statements other than statements of historical facts contained in this presentation, including statements regarding Intchains Group Limited’s (“Intchains” or the “Company”) future results of operations and financial position, fina
Slide 3: What We Do
What We Do Intchains engages in the development of altcoin mining products, strategic acquisition and holding of Ethereum-based cryptocurrencies, and active development of innovative Web3 applications. Ticker Nasdaq: ICG ADSs Outstanding as of 9/30/2025 60.7M Market Cap as of November 11, 2025 $63.1
Slide 4: What We Do
Goldshell Mining Products Provider of integrated solutions of efficient and high-performance mining products for altcoins WHAT WE DO ETH Accumulation Hold/Stake Ethereum-based cryptocurrencies WEB3 Applications I N T C H A I N S Ecosystem of one-stop payment solutions for digital currencies and digi
Slide 5: Key Financial Metrics
Key Financial Metrics Q3 2025 vs Q3 2024 9M 2025 vs 9M 2024 9M 2025 Revenue Revenue R&D Investments RMB 9.1M ($1.3M) vs RMB 60.3M RMB 184.7M ($25.9M) vs RMB 207.6M RMB 64.2M ($9.0M) As anticipated, revenue was affected by market Mainly for the development of new mining As anticipated, revenue was af
Slide 6: History of Growth
History of Growth Supported by 184.7 Strong Balance Sheet Revenue 281.8 RMB millions (as of 9/30/25) 140 82.2 123 132.4 120 100 80 60.3 74.2 Total current assets 60 35.5 43.2 40 26 13.9 24.3 RMB 663.5M ($93.2M) 20 6.8 9.1 0 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Quarterly
Slide 7: Operational Highlights
Operational Highlights Launch of New Mining ETH Accumulation and Yield Enhancement Products Launched XTM miners ETH Treasury Position ETH Staking Initiatives XTM mining products 1,000 Units of ETH, 8,819 units of ETH or approximately 11.3% of its total ETH XT BOX- Intchains’ First $XTM miner As of S
Slide 8: Acquisition of Proof-of-Stake Platform
Acquisition of Proof-of-Stake Platform To Acquire a PoS Platform* for $1.3 Million Acquiring intangible assets used in • Systems and Technological Infrastructure PoS operations • Complementary Assets and Documentation • Customer and Business Resources Addressing the growing demand for Following the
Slide 9: Our Position in the Crypto Segment
Our Position in the Crypto Segment Bitcoin Altcoins Holding Sharplink Bitmine BTCS MicroStrategy Riot Marathon Intchains Canaan Platform (ETH holder+ provider of mining products on altcoins, such as Bit Digital Dogecoin) Mining Hut 8 Mining CleanSpark Bitdeer Bitfarms Cipher TeraWulf Coinbase Exchan
Slide 10: Two-Fold Growth Strategy
Two-Fold Growth Strategy 2025 has been a transitional year, marked by consistent investments in R&D and ETH yield enhancing initiatives designed to translate into growth in 2026 Continuously upgrade mining machines & Optimize ETH Yield Strategy explore innovative projects • Steadily build up its dig
Slide 11: Consolidated Statements of Comprehensive Income (Q3 2025)
Consolidated Statements of Comprehensive Income (Q3 2025) For the Three Months ended September 30, 2024 2025 RMB RMB US$ Products revenue 60,305 9,145 1,285 Cost of revenue (19,508) (18,220) (2,559) Gross profit/(loss) 40,797 (9,075) (1,274) Operating expenses: Research and development expenses (13,
Slide 12: Consolidated Statements of Comprehensive Income (9M 2025)
Consolidated Statements of Comprehensive Income (9M 2025) For the Nine Months ended September 30, 2024 2025 RMB RMB US$ Products revenue 207,590 184,733 25,949 Cost of revenue (75,700) (108,172) (15,195) Gross profit 131,890 76,561 10,754 Operating expenses: Research and development expenses (63,556
Slide 13: Condensed Consolidated Balance Sheets (9/30/25)
Condensed Consolidated Balance Sheets (9/30/25) As of December 31, As of September 30, 2024 2025 RMB RMB US$ ASSETS Current Assets： Cash and cash equivalents 322,252 259,483 36,451 USDC 1,690 499 70 Cryptocurrency, current 30,079 1,163 163 Inventories, net 98,614 130,094 18,274 Prepayments and other
Slide 14: Contact Us
Contact Us Intchains CFO Chaowei Yan: charles.yan@intchains.com Website: https://ir.intchains.com Investor Relations Counsel Lena Cati: (212) 836-9611 Social Media Channels lcati@theequitygroup.com Alice Zhang: (212) 836-9610 I N T C H A I N S azhang@theequitygroup.com 13