Investor relations
Financial statements
Audited financials, published annually within 120 days of fiscal year-end. Detailed PDFs available under NDA in the data room.
FY 2025 highlights
Twelve months ended 31 December 2025
Annual Recurring Revenue
USD 41.8M
+187% YoYAudited
Gross margin
84.2%
Cloud + payment processing onlyAudited
Net revenue retention
138%
Trailing twelve monthsAudited
Cash & equivalents
USD 96.4M
Segregated client funds excludedAudited
Runway at current burn
61 months
At 2026-Q2 planManagement
Client funds held (segregated)
USD 312M
Across 3 banking partnersAudited
Filed reports
Three years of audited statements
| Period | Filed | Auditor | Opinion | Pages |
|---|---|---|---|---|
| FY 2025 | 2026-04-30 | BDO Hong Kong | Unqualified | 84 |
| FY 2024 | 2025-04-28 | BDO Hong Kong | Unqualified | 71 |
| FY 2023 | 2024-05-12 | BDO Hong Kong | Unqualified | 58 |
Why we publish this
Customers entrust ADmetric AI with hundreds of millions of dollars in transit annually. Audited statements let buyers, banking partners and regulators verify our balance sheet, segregation of client funds, and going-concern position. We treat it as a baseline obligation, not a marketing asset.