| Segment information |
14.Segment information The chief operating decision-maker (“CODM”) regularly reviews financial results, allocates resources to and assesses the performance of each of the following reportable segments: (i) Digital Assets Services and Solutions — development of digital asset platform and provision of digital asset service and solutions. (ii) Marketing and Enterprise Solutions — provision of AI-driven online advertising services and provision of digitalized operational solutions. To align with the Company’s latest business strategy and focus on the on-going AI adoption, the Company introduced a new revenue grouping, Agentic Revenue, comprising the new revenue stream through Agentic Market Making (“A-MM”) and the existing revenues generated from Marketing and Enterprise Solutions (formerly known as Online Advertising and SaaS Solutions) segment to better reflect the evolution of its AI-enabled business model. 14.Segment information (Continued) The presentation of reportable operating segments has been revised, and accordingly the comparative figures of such reportable segments have been restated, as the management believes that the information regarding such restated segments would be useful to the users of these condensed consolidated interim financial statements. | | | | | | | | | | | Unaudited | | | For the six-month ended June 30, 2026 | | | Digital Assets | | Marketing and | | | | | | | Services | | Enterprise | | | | | | | and Solutions | | Solutions | | Unallocated | | Total | Digital assets platform revenue: | | | | | | | | | Wealth management solutions | | 9,569 | | — | | — | | 9,569 | Execution solutions | | 1,596 | | — | | — | | 1,596 | Payment solutions | | 1,090 | | — | | — | | 1,090 | | | 12,255 | | — | | — | | 12,255 | | | | | | | | | | Agentic revenue | | 3,525 | | 8,169 | | — | | 11,694 | | | | | | | | | | Total segment revenues | | 15,780 | | 8,169 | | — | | 23,949 | | | | | | | | | | Segment operating loss | | (658) | | (379) | | (1,120) | | (2,157) | | | | | | | | | | Other profit or loss information: | | | | | | | | | Depreciation and amortization | | (154) | | (658) | | — | | (812) | Finance income | | 85 | | 115 | | — | | 200 | Finance costs | | (8) | | (16) | | — | | (24) | Income tax expense | | — | | (59) | | — | | (59) | Share of losses from an equity investee | | — | | (20) | | — | | (20) |
| | | | | | | | | | | Unaudited | | | For the six-month ended June 30, 2025 | | | Digital Assets | | Marketing and | | | | | | | Services | | Enterprise | | | | | | | and Solutions | | Solutions | | Unallocated | | Total | Digital assets platform revenue: | | | | | | | | | Wealth management solutions | | 21,462 | | — | | — | | 21,462 | Execution solutions | | 4,684 | | — | | — | | 4,684 | Payment solutions | | 1,655 | | — | | — | | 1,655 | | | 27,801 | | — | | — | | 27,801 | | | | | | | | | | Agentic revenue | | — | | 5,654 | | — | | 5,654 | | | | | | | | | | Total segment revenues | | 27,801 | | 5,654 | | — | | 33,455 | | | | | | | | | | Segment operating profit/(loss) | | 3,967 | | (93) | | (3,813) | | 61 | | | | | | | | | | Other profit or loss information: | | | | | | | | | Depreciation and amortization | | (229) | | (392) | | — | | (621) | Finance income | | 60 | | 32 | | — | | 92 | Finance costs | | (12) | | (30) | | — | | (42) | Income tax expense | | — | | (4) | | — | | (4) | Share of losses from an equity investee | | — | | (24) | | — | | (24) |
14.Segment information (Continued) The following table breaks down revenue by geographic location of the Group’s revenue. The geographical location is based on the geographical location where customers are located. | | | | | | | For the six-month ended | | | June 30, | | | 2025 | | 2026 | | | (unaudited) | | (unaudited) | Asia | | 6,715 | | 11,321 | North America | | 12,065 | | 12,070 | Africa | | 14,639 | | 29 | Europe | | 27 | | 519 | Others | | 9 | | 10 | | | 33,455 | | 23,949 |
| | | | | | | As of | | As of | | | December 31, | | June 30, | | | 2025 | | 2026 | Segment assets | | | | | Digital Assets Services and Solution | | 167,574 | | 215,053 | Marketing and Enterprise Solutions | | 75,267 | | 69,877 | Total segment assets | | 242,841 | | 284,930 | | | | | | Intersegment eliminations | | (6,087) | | (3,206) | Discontinued operations | | 17 | | 10 | Unallocated items | | 19,608 | | 16,314 | Total assets as per the condensed consolidated statement of financial position | | 256,379 | | 298,048 | | | | | | Segment liabilities | | | | | Digital Assets Services and Solution | | 132,379 | | 180,329 | Marketing and Enterprise Solutions | | 17,996 | | 16,235 | Total segment liabilities | | 150,375 | | 196,564 | | | | | | Intersegment eliminations | | (6,085) | | (3,206) | Discontinued operations | | 1,277 | | 1,265 | Unallocated items | | 500 | | 604 | Total liabilities as per the condensed consolidated statement of financial position | | 146,067 | | 195,227 |
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