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Side-by-side financial comparison of Amber International Holding Ltd (AMBR) and SHF Holdings, Inc. (SHFS). Click either name above to swap in a different company.

SHF Holdings, Inc. is the larger business by last-quarter revenue ($2.1M vs $1.9M, roughly 1.1× Amber International Holding Ltd). Amber International Holding Ltd runs the higher net margin — 87.5% vs -28.3%, a 115.8% gap on every dollar of revenue.

Amber Road, Inc. (NYSE: AMBR) was a US-based software company specializing in Global Trade Management (GTM) solutions. It was acquired by E2open in 2019.

AMBR vs SHFS — Head-to-Head

Bigger by revenue
SHFS
SHFS
1.1× larger
SHFS
$2.1M
$1.9M
AMBR
Higher net margin
AMBR
AMBR
115.8% more per $
AMBR
87.5%
-28.3%
SHFS

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AMBR
AMBR
SHFS
SHFS
Revenue
$1.9M
$2.1M
Net Profit
$1.6M
$-582.6K
Gross Margin
39.9%
Operating Margin
1.5%
-59.1%
Net Margin
87.5%
-28.3%
Revenue YoY
-43.8%
Net Profit YoY
98.9%
EPS (diluted)
$0.02
$-0.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMBR
AMBR
SHFS
SHFS
Q4 25
$2.1M
Q3 25
$1.8M
Q2 25
$1.9M
$1.8M
Q1 25
$1.9M
Q4 24
$3.7M
Q3 24
$3.5M
Q2 24
$4.0M
Q1 24
$4.1M
Net Profit
AMBR
AMBR
SHFS
SHFS
Q4 25
$-582.6K
Q3 25
$179.5K
Q2 25
$1.6M
$-930.7K
Q1 25
$-827.2K
Q4 24
$-51.7M
Q3 24
$353.8K
Q2 24
$941.5K
Q1 24
$2.0M
Gross Margin
AMBR
AMBR
SHFS
SHFS
Q4 25
Q3 25
Q2 25
39.9%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
AMBR
AMBR
SHFS
SHFS
Q4 25
-59.1%
Q3 25
-66.4%
Q2 25
1.5%
-52.6%
Q1 25
-103.1%
Q4 24
-215.0%
Q3 24
5.1%
Q2 24
7.4%
Q1 24
8.0%
Net Margin
AMBR
AMBR
SHFS
SHFS
Q4 25
-28.3%
Q3 25
9.8%
Q2 25
87.5%
-50.4%
Q1 25
-42.8%
Q4 24
-1407.1%
Q3 24
10.2%
Q2 24
23.3%
Q1 24
50.6%
EPS (diluted)
AMBR
AMBR
SHFS
SHFS
Q4 25
$-0.25
Q3 25
$0.06
Q2 25
$0.02
$-0.33
Q1 25
$-0.30
Q4 24
$-18.62
Q3 24
$0.13
Q2 24
$0.33
Q1 24
$0.73

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMBR
AMBR
SHFS
SHFS
Cash + ST InvestmentsLiquidity on hand
$25.8M
$6.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$91.3M
$8.2M
Total Assets
$248.2M
$17.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMBR
AMBR
SHFS
SHFS
Q4 25
$6.8M
Q3 25
$861.7K
Q2 25
$25.8M
$247.3K
Q1 25
$931.4K
Q4 24
$2.3M
Q3 24
$5.9M
Q2 24
$6.1M
Q1 24
$5.6M
Total Debt
AMBR
AMBR
SHFS
SHFS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$54.8M
Q2 24
$55.0M
Q1 24
$58.2M
Stockholders' Equity
AMBR
AMBR
SHFS
SHFS
Q4 25
$8.2M
Q3 25
$7.0M
Q2 25
$91.3M
$-17.9M
Q1 25
$-16.9M
Q4 24
$-12.3M
Q3 24
$39.4M
Q2 24
$38.5M
Q1 24
$37.0M
Total Assets
AMBR
AMBR
SHFS
SHFS
Q4 25
$17.2M
Q3 25
$13.7M
Q2 25
$248.2M
$6.0M
Q1 25
$6.7M
Q4 24
$13.2M
Q3 24
$66.9M
Q2 24
$67.3M
Q1 24
$67.7M
Debt / Equity
AMBR
AMBR
SHFS
SHFS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
1.39×
Q2 24
1.43×
Q1 24
1.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMBR
AMBR
SHFS
SHFS
Operating Cash FlowLast quarter
$-4.1M
$-1.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-2.49×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMBR
AMBR
SHFS
SHFS
Q4 25
$-1.1M
Q3 25
$-538.0K
Q2 25
$-4.1M
$-674.6K
Q1 25
$-1.1M
Q4 24
$-2.8M
Q3 24
$502.4K
Q2 24
$1.2M
Q1 24
$1.5M
Cash Conversion
AMBR
AMBR
SHFS
SHFS
Q4 25
Q3 25
-3.00×
Q2 25
-2.49×
Q1 25
Q4 24
Q3 24
1.42×
Q2 24
1.31×
Q1 24
0.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMBR
AMBR

Segment breakdown not available.

SHFS
SHFS

Investments Income$1.2M56%
Other$906.6K44%

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