PHOENIX GROUP PLC Financial Results for the Period Ended December 31,2025 | premargin
PHOENIX GROUP PLC Financial Results for the Period Ended December 31,2025
·ADX·Financial Reports | Financial Report·February 17, 2026·View on exchange
AI Summary
Phoenix Group PLC reported a consolidated net loss of USD 271.7 million for the year ended December 31, 2025, a reversal from the USD 167.4 million profit recorded in 2024.
Annual revenue decreased to USD 117.7 million from USD 205.7 million in the prior year, driven by a 69% decline in trading revenue and a 62% drop in hosting revenue.
The financial results were significantly impacted by USD 223.3 million in unrealized fair value losses on digital assets and USD 55.7 million in provisions, impairments, and write-offs.
The company ceased mining operations at its South Carolina site due to unfavorable electricity tariffs and is currently evaluating strategic opportunities for Artificial Intelligence (AI) data centers.
Qatar Index10,021.90-1.4%
DFM Index5,510.99-0.1%
TASI11,078.89-0.1%
Emirates NBD27.60-3.2%
Dubai Electricity & Water Authority2.65+0.4%
EMAAR12.10-0.4%
EMAARDEV13.750.0%
ADNOC GAS3.240.0%
First Abu Dhabi Bank17.38-1.0%
Emirates Telecom18.78+0.6%
Abu Dhabi Commercial Bank12.64+0.8%
ALRAJHI104.10-0.2%
SNB41.70-1.9%
MAADEN63.70-1.2%
SABIC58.40-0.9%
Boubyan Bank0.68-0.6%
GULF BANK0.33+0.6%
Commercial Bank Of Kuwait0.47-3.3%
Burgan Bank0.210.0%
QNB16.68-1.3%
Industries Qatar10.66-1.8%
Qatar Islamic Bank22.32-1.2%
Ooredoo12.19-3.5%