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Chaince Digital Holdings Inc. engages in providing financial and advisory services in the North America, Greater China, Southeast Asia, Hong Kong, Singapore, Malaysia, and the United States. The company offers industry advisory and consulting services, such as corporate restructuring, capital markets preparation, regulatory compliance, and business expansion strategies; IPO-related financial advisory and consulting services, including transaction structuring, preparation for regulatory filings, coordination with underwriters and professional advisors, and strategic capital markets advisory; and private investment in public equity advisory and placement-related services comprising identifying potential investors, assisting in transaction structuring, and coordinating the placement process. It also provides transaction execution and brokerage, clearing-related brokerage, referral, and escrow agent services. The company was formerly known as Mercurity Fintech Holding Inc. and changed its name to Chaince Digital Holdings Inc. in November 2025. Chaince Digital Holdings Inc. was incorporated in 2011 and is headquartered in New York, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2M | $-4M | $-5M | $-2M | -11.6% | 277.9% | - |
| 2024 | $0M | $-2M | $-5M | $-4M | -18.8% | 10.8% | - |
| 2023 | $0M | $-3M | $-9M | $-6M | -52.5% | -48.4% | - |
| 2022 | $1M | $-3M | $-6M | $-2M | -33.5% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 0.86 | 0.45 | 0.49 | 1.87 |
| Cost Of Revenue | 1.38 | 1.42 | 0.26 | 0.67 |
| Gross Profit | -0.52 | -0.98 | 0.23 | 1.20 |
| Operating Expense | 2.19 | 2.97 | 2.20 | 4.88 |
| Operating Income | -2.71 | -3.94 | -1.96 | -3.67 |
| EBITDA | -2.68 | -3.04 | -1.96 | -3.67 |
| EBIT | -2.71 | -3.94 | -1.96 | -3.67 |
| Pretax Income | -5.88 | -9.45 | -1.58 | -2.38 |
| Tax Provision | -0.25 | -0.09 | 0.34 | -0.08 |
| Net Income | -5.63 | -9.36 | -4.53 | -5.10 |
| Net Income Common Stockholders | -5.63 | -9.36 | -4.53 | -5.10 |
| Total Expenses | 3.57 | 4.39 | 2.46 | 5.54 |
| Interest Expense | 0 | 0.20 | 0 | 0 |
| Interest Income | 0.01 | 0 | 0 | 0 |
| Research And Development | 0 | 0 | 0 | 0.15 |
| Selling General And Administration | 2.19 | 2.97 | 2.19 | 4.68 |
| Normalized EBITDA | 0.50 | 1.82 | -2.17 | -3.22 |
| Normalized Income | -2.59 | -4.54 | -2.09 | -1.86 |
| Basic EPS | -0.39 | -0.20 | -0.07 | -0.08 |
| Diluted EPS | -0.39 | -0.20 | -0.07 | -0.08 |
| Tax Effect Of Unusual Items | -0.13 | -0.05 | 0.04 | -0.02 |
| Tax Rate For Calcs | 0.04 | 0.01 | 0.21 | 0.04 |
| Total Unusual Items | -3.18 | -4.86 | 0.21 | -0.45 |
| Total Unusual Items Excluding Goodwill | -3.18 | -4.86 | 0.21 | -0.45 |
| Net Income From Continuing Operation Net Minority Interest | -5.63 | -9.36 | -1.92 | -2.29 |
| Reconciled Depreciation | 0.03 | 0.90 | 0 | 0 |
| Reconciled Cost Of Revenue | 1.38 | 1.42 | 0.26 | 0.67 |
| Net Interest Income | 0.01 | -0.65 | 0.20 | 0.48 |
| Net Income From Continuing And Discontinued Operation | -5.63 | -9.36 | -4.53 | -5.10 |
| Total Operating Income As Reported | -5.89 | -8.50 | -2 | -3.77 |
| Diluted Average Shares | 14.44 | 45.84 | 60.85 | 66.04 |
| Basic Average Shares | 14.44 | 45.84 | 60.85 | 66.04 |
| Diluted NI Availto Com Stockholders | -5.63 | -9.36 | -4.53 | -5.10 |
| Net Income Including Noncontrolling Interests | -5.63 | -9.36 | -4.53 | -5.10 |
| Net Income Discontinuous Operations | 0 | 0 | -2.62 | -2.80 |
| Net Income Continuous Operations | -5.63 | -9.36 | -1.92 | -2.29 |
| Other Income Expense | -3.18 | -4.86 | 0.18 | 0.82 |
| Other Non Operating Income Expenses | 0 | 0 | -0.03 | 1.27 |
| Special Income Charges | -3.18 | -4.56 | -0.04 | -0.36 |
| Gain On Sale Of Ppe | -0.03 | 0 | -0.04 | -0.46 |
| Gain On Sale Of Business | 0 | 0 | 0 | 0.10 |
| Impairment Of Capital Assets | 3.14 | 4.56 | 1.83 | 0 |
| Gain On Sale Of Security | 0 | -0.30 | 0.25 | -0.09 |
| Net Non Operating Interest Income Expense | 0.01 | -0.65 | 0.20 | 0.48 |
| Total Other Finance Cost | -0.01 | 0.65 | -0.20 | -0.48 |
| Interest Expense Non Operating | 0 | 0.20 | 0 | 0 |
| Interest Income Non Operating | 0.01 | 0 | 0 | 0 |
| Other Operating Expenses | 0 | 0 | 0.22 | 0 |
| Provision For Doubtful Accounts | 0 | 0 | 0.01 | 0.05 |
| Selling And Marketing Expense | 0.04 | 0.45 | 0.10 | 0.16 |
| General And Administrative Expense | 2.16 | 2.52 | 2.09 | 4.52 |
| Other Gand A | 2.16 | 2.52 | 2.09 | 4.16 |
| Salaries And Wages | 0 | 0 | 0 | 0.36 |
| Operating Revenue | 0.86 | 0.45 | 0.49 | 1.87 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Chaince Digital Holdings Inc.this co. | CD | $406M | - | 8.46 | -11.6% | -100.98 |
| Bankwell Financial Group, Inc. | BWFG | $419M | 10.53 | 1.31 | 11.7% | - |
| Bank7 Corp. | BSVN | $414M | 9.31 | 1.59 | 17.2% | - |
| Bank of Marin Bancorp | BMRC | $413M | - | 1.03 | -9.0% | - |
| Citizens & Northern Corporation | CZNC | $412M |
| 15.75 |
| 1.20 |
| 6.9% |
| - |
| West Bancorporation, Inc. | WTBA | $409M | 11.60 | 1.51 | 12.2% | - |
| RBB Bancorp | RBB | $408M | 10.11 | 0.78 | 6.1% | - |
| GBank Financial Holdings Inc. | GBFH | $407M | 19.55 | 2.44 | 12.6% | - |
| Greene County Bancorp, Inc. | GCBC | $402M | 10.31 | 1.50 | 13.0% | - |
| Peer Median | - | 10.53 | 1.40 | 12.0% | - | |