Advanced Blockchain Under Pressure Amid Crypto Market Shifts

The crypto market remains in flux: While Advanced Blockchain is under massive price pressure despite balance sheet restructuring and a new strategy, Robinhood is driving activity on its new blockchain with Memecoins.

At the same time, Swift is testing a global blockchain ledger for bank payments – three developments that demonstrate how closely speculation, regulation, and the professionalization of the digital financial world are now intertwined.

Advanced Blockchain between balance sheet adjustment, new strategy and price pressure

According to analysts Cosmin Filker and Matthias Greiffenberger of GBC, as reported by Finanzen.net, Advanced Blockchain AG is undergoing a comprehensive transformation process. The analysts see substantial progress but still classify the stock as a speculative investment.

In fiscal year 2025, the parent company continued its balance sheet reset. Revenue increased to €0.31 million from €0.23 million in the previous year, while EBITDA deteriorated to -€1.67 million from -€1.29 million. EBIT fell to -€3.36 million from -€1.46 million due to high write-downs, and the net loss increased to -€3.48 million from -€1.78 million in fiscal year 2024.

The report cites legally mandated investigations, legal and consulting costs, and extensive balance sheet adjustments as reasons for the earnings development. A significant reduction occurred at the subsidiary Incredulous Labs Ltd., which holds a large portion of the investment and token portfolio.

Incredulous Labs generated revenues of USD 0.05 million in 2025, compared to USD 0.23 million in the previous year. The net loss for the year amounted to USD -16.98 million, after an adjusted net profit of USD 0.95 million in the prior year. Impairment losses on intangible assets and token rights, fair value losses on unlisted project investments, and write-downs and impairments on receivables negatively impacted the result.

Incredulous Labs’ total assets decreased to $5.39 million from $21.64 million in the previous year. Equity turned negative at $7.48 million from $9.50 million. According to analysts, this worsens the company’s fundamentals in the short term but provides a more conservative starting point for future valuations.

The report identifies progress in addressing historical issues and in governance and control structures. The auditor in Cyprus assessed the further development of the control systems as a comprehensive transformation. The material uncertainties resulting from Incredulous Labs’ 2023 and 2024 financial statements have been completely eliminated.

For the 2025 financial year, Incredulous Labs no longer received an adverse opinion, but rather a qualified opinion. The remaining qualification primarily concerns an internal balance vis-à-vis Brain Networks Ltd. Analysts believe this development strengthens the group’s transparency and its readiness for the capital markets.

According to Finanzen.net, the financial situation remains strained. As of December 31st, 2025, Advanced Blockchain had liquid assets of only €0.11 million, while Incredulous Labs reported bank balances of only around $3,700. After the balance sheet date, the liquidity base was strengthened by a six-figure shareholder loan. Further financing measures and the successful monetization of portfolio assets are considered key prerequisites for the new strategy.

Under the guiding principle of “ABAG 2.0,” the existing investment model is to be expanded to include investments, treasury, innovation, consulting, and analytics. The report sees particular earnings potential in ABX Analytics, tokenization projects, the trading license in Dubai/UAE, and selected activities in AI and robotics-related fields. Analysts do not expect any significant earnings contributions from these in the short term.

The portfolio strategy will focus more strongly on a few core positions with higher value appreciation potential. Specifically mentioned are PEAQ, Panoptic, zCloak/Starks Network, and other selected DeFi, infrastructure , and DePIN positions.

For valuation purposes, the analysts consider an adjusted NAV approach appropriate, as traditional multiples are of limited value due to the lack of a normalized earnings basis. Based on a risk-adjusted gross asset value of €14.70 million and an adjusted NAV of €8.12 million, they derive a fair value of €2.00 per share with 4.06 million shares outstanding.

Analysts believe the stock’s performance remains dependent on token markets, portfolio monetization, financing options, and the implementation of the operational strategy. However, based on their optimistic adjusted NAV model, they maintain their “Buy” rating with a price target of €2.00.

Advanced Blockchain: Share price drops by 13.23 percent to €1.15

Ad-hoc-news.de reports a significant decline in Advanced Blockchain’s stock. On Wednesday, the share price fell by 13.23 percent to €1.15.

According to the source, this continued the downward trend. Since the beginning of the year, the stock has already lost around 56 percent of its value, and the gap to its 52-week high of €3.47 is now more than 60 percent.

Ad-hoc-news.de cites the disappointing balance sheet and the low revenue growth as contributing factors. Revenue amounted to €0.31 million, resulting in a net loss of almost €3.5 million.

Impairment charges on receivables from subsidiaries significantly impacted the result. These one-off charges totaled €1.5 million, in addition to significantly increased legal fees.

The focus of the historical review is once again the subsidiary Incredulous Labs Ltd. According to the source, management is working on stabilizing the structures.

With “ABAG 2.0”, Advanced Blockchain aims to unlock new revenue streams. These include ABX Analytics, the reactivation of its subsidiary FinPro, and technology fields such as artificial intelligence and robotics.

In addition, the company is working on several tokenization projects. According to Ad-hoc-news.de, one project is already at an advanced stage. This diversification is intended to reduce dependence on the volatile cryptocurrency market.

For the current fiscal year 2026, the board of directors anticipates another loss, although it is expected to be smaller than in the previous year. The company will publish the invitation to the Annual General Meetingin July; the shareholders’ meeting will take place in August 2026.

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(Featured image by Adeolu Eletu via Unsplash)

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First published in Coin Kurier. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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