SUI Group Reports Third Quarter 2026 Financial and Operating Results Advancing
SUI Group Reports Third Quarter 2026 Financial and Operating Results Advancing SUI Treasury Strategy, Reducing costs, While Pursuing High-Conviction Growth Opportunities Across Digital Assets, Fintech and Artificial Intelligence Total SUI Holdings of 109,290,995 (Including Digital Asset Loans and Receivables) as of November 2, 2026 WAYZATA, MN, November 5, 2026 – Sui Group Holdings Limited (NASDAQ: SUIG) (“SUI Group,” “SUIG” or the “Company”) today announced its financial and operating results for the third quarter ended September 30, 2026, along with an update on its SUI treasury strategy. “During the third quarter, we continued to identify opportunities to put our balance sheet to work to generate attractive, risk-adjusted returns and enhance the long-term value of our treasury,” said Marius Barnett, Chairman of the Board. “With approximately 109.3 million SUI tokens held across our treasury, lending arrangements and receivables, we have built a substantial position in the Sui ecosystem. Our staking strategy continues to generate SUI-denominated yield, enabling us to enhance the productivity of our holdings while preserving exposure to the network’s long-term growth. We believe the combination of our scale, yield- generating activities and disciplined approach to capital allocation provides a strong foundation for creating value beyond simply holding SUI.” “Beyond our treasury operations, we see an important opportunity to contribute to the continued development and adoption of the Sui ecosystem. Through our relationships with the Sui Foundation and leading protocols, we are working to support the expansion of the network’s financial applications and broader utility. We are also evaluating high-conviction investment opportunities across the digital assets, financial technology and artificial intelligence sectors, building on the strategic investments we have made to date. We are taking a selective approach to deploying capital, with an emphasis on attractive risk- adjusted returns, balance sheet productivity and opportunities that can generate lasting value for our shareholders.” The Company also served as a Platinum Sponsor of Sui Basecamp 2026, the Sui ecosystem’s flagship annual event, held October 7-8 in Singapore alongside TOKEN2049. The event provided an opportunity to deepen connections between SUI Group, the Sui Foundation and other leading members of the Sui ecosystem. Sui Basecamp featured the SUIG Arena, which hosted a live trading competition, and a fireside discussion featuring SUI Group Board Director Brian Quintenz, former Commissioner of the U.S. Commodity Futures Trading Commission. Q3 2026 Financial Summary (vs. Q3 2025) Highlights from the Company’s results for the third quarter of 2026 from its SUI treasury, as well as its legacy commercial short-term non-bank lending and specialty finance business, were as follows:
Total Revenue and Other Income: Total revenue and other income in Q3 2026 (excluding net realized and unrealized losses on investments) was $557,000 compared to $2.6 million in the same period last year. The • decrease was primarily driven by lower investment and interest income from the legacy loan portfolio and lower SUI staking revenue in dollars, due to the decline in the market price of SUI when rewards were earned.
Digital Asset Gains and Losses: The Company’s third quarter 2026 results include approximately $54.7 million in net gains on digital assets and receivables, consisting of $82.7 million in net unrealized gains (including $3.0 million of amortized deferred income), partially offset by $28.0 million in realized losses associated with digital asset trading activities. The • unrealized gains primarily reflect changes in the fair value of the Company’s digital assets and receivables, including the amortization of deferred income related to its SUI purchases. The realized losses were primarily attributable to high-frequency trading activities. These amounts largely reflect the U.S. GAAP accounting treatment of the Company’s digital asset holdings and changes in SUI’s market price, rather than corresponding cash inflows or outflows of the same amounts.
Net Income (Loss):Net income for the third quarter of 2026 • increased significantly to $47.7 million, or $0.59 per diluted share, compared to a net loss of $44.3 million, or $(0.72) per diluted share, in the same period last year.
• Treasury: 109,290,995 SUI (including 6,000,000 SUI loan receivables) as of November 2, 2026.
SUI Value: Approximately $98.4 million using the November 2, 2026, price • of $0.90 per SUI1. Please refer to mNAV calculation in this announcement for the reconciliation between US GAAP and non-GAAP numbers.
SUI per Share: Using fully adjusted shares2issued and outstanding as of November 2, 2026, of 80.9 million shares, SUI Group’s treasury remained • flat at 1.35 SUI per share of common stock (vs approximately 1.35 on August 3, 2026), or $1.22 per share of common stock (vs $0.93 on August 3, 2026).
Staking: A significant majority of the Company’s SUI is being staked, • earning an approximate 1.5% annualized yield during the three-month period ended September 30, 2026. The current estimated daily yield is approximately 4,000 SUI.
Conference Call and Webcast Details The Company will conduct a conference call today, November 5, 2026, at 5:00 p.m. Eastern time to discuss its financial and operating results for the third quarter ended September 30, 2026. SUI Group’s executive team will host the conference call, followed by a question-and-answer session. Date: Thursday, November 5, 2026 Time: 5:00 p.m. ET Toll-free dial-in number: (877) 407-6176 International dial-in number: (201) 689-8451 Webcast: SUIG’s Q3 2026 Earnings Conference Call Participants can also access the Company’s earnings call using the call me option herefor instant telephone access to the event, which will be active approximately 15 minutes before the scheduled start time. 1Based on SUI/USD price on November 2, 2026, as reported by Coinbase. 2Includes issued shares, as well as issued but unexercised pre- funded warrants. If you have any difficulty registering or connecting with the conference call, please contact Elevate IR at (720) 330-2829. The conference call will also be available for replay on the investor relations section of the Company’s website at www.SUIG.io. About Sui Group Holdings Limited SUI Group is the only publicly traded company with an official Sui Foundation relationship, providing institutional-grade exposure to the Sui blockchain. Sui’s high-speed, horizontally scalable architecture positions it as one of the leading blockchains designed for mass adoption, powering next-generation applications in finance, gaming, agentic finance and beyond. Through its industry-first SUI treasury strategy, SUI Group is building a premier, foundation-backed digital asset treasury platform designed for scale, transparency and long-term value creation. The Company also seeks to enhance balance sheet productivity by investing opportunistically in the SUI ecosystem and allocating capital to high- conviction growth themes across the wider digital asset, financial technology and artificial intelligence sectors. The Company has continued its specialty finance operations while executing its SUI treasury and high-conviction growth strategies. For more information, please visit www.SUIG.io . Supplemental Information on mNAV SUIG estimates its mNAV by dividing the aggregate value of its digital assets, cash balances and other NAV by the number of its outstanding common stock (including pre-funded warrants). Using the closing price of SUIG common stock and SUI token price on November 2, 2026, SUIG is trading at an approximate mNAV of 0.72x, with calculation details below.
M / NAV Calculation Outsanding Shares incl. Pre-Funded Warrants 80,897 Current Share Price [November 2, 2026] $1.03 Market Cap $83,323 SUI/Share 1.35 NAV SUI Holdings $98,362 - number 109,290,995 - current price [November 2, 2026] $0.90 USDC / USDT / SuiUSDe / Cash (available for SUI $10,188 purchases) Other NAV $7,815 - portfolio investments $625 - Nof1 $3,000 - Recursive Ai $3,030 - other Net Assets $1,160 NAV $116,365 M/NAV 0.72x
Supplemental Measures The Company uses mNAV to help assess the performance of its strategy of acquiring and deploying SUI in a manner the Company believes is accretive to shareholders. The Company believes that mNAV can assist investors in understanding how the Company chooses to fund purchases of and deploy SUI and the value created by such purchases. Such metrics have inherent limitations including not taking into account that our assets are subject to all existing and future liabilities. Such metrics are not, and should not be understood as financial performance, valuation, or liquidity measures and may not be comparable to similarly titled measures of other companies. Other companies, including other companies with digital asset treasuries, may calculate mNAV or similarly titled metrics differently, limiting the usefulness of the measure for comparative purposes. Although mNAV incorporates the label “NAV,” it is not equivalent to “net asset value” or “NAV” or any similar metric in the traditional financial context. The trading price of the Company’s common stock is informed by numerous factors in addition to Company’s SUI holdings and its actual or potential shares of common stock outstanding, and as a result, the trading price of the Company’s common stock can deviate significantly from the market value of the Company’s SUI holdings, and mNAV is not indicative or predictive of the trading price of the Company’s common stock. Such metrics are merely supplements, not substitutes for the financial statements and other disclosures contained in the Company’s SEC filings. Investors should rely on the financial statements and other disclosures contained in the Company’s SEC filings. Non-GAAP Financial Information This press release includes certain non ‑GAAP financial measures that are not presented in accordance with U.S. generally accepted accounting principles (“GAAP”). These non ‑GAAP financial measures are mNAV, NAV (as used in the calculation of mNAV), SUI value, SUI per share (expressed in SUI tokens and in U.S. dollars), and total revenue and other income . SUI Group uses these non ‑GAAP financial measures to supplement its GAAP results in order to provide investors with additional insight into the Company’s SUI treasury and net assets at prevailing market prices, and to facilitate comparisons across reporting periods. Management believes these non ‑GAAP measures are useful to investors because they present the Company’s SUI holdings and certain other assets at prevailing market prices rather than at GAAP carrying values and, in the case of total revenue and other income, exclude net realized and unrealized gains and losses on investments . These non ‑GAAP financial measures should not be considered in isolation or as a substitute for, or superior to, financial measures prepared in accordance with GAAP. The principal limitations of these non‑GAAP measures are that they use prevailing market prices rather than GAAP carrying values and, in the case of total revenue and other income, exclude losses that are required to be recorded under GAAP and that may have a material impact on the Company’s financial results. In addition, other companies, including companies in the digital asset and financial services industries, may calculate similarly titled non ‑GAAP measures differently, which limits their usefulness for comparative purposes. To compensate for these limitations, SUI Group encourages investors to review the Company’s non ‑GAAP financial measures together with the most directly comparable GAAP financial measures, which are presented in the table below.
GAAP to mNAV Reconciliation - thousands Total Shareholders' Equity - 30 Sep 2026 133,409 GAAP Adjustments 1 Digital Asset Loan Receivable -6,006 Digital Assets -106,271 Digital Asset Receivable -23,510 Deferred Income 10,871 Other Adjustments 2 SUI - Including Digital Asset Receivables 98,361.896 SuiUSDe 10,035.434 Movement in Cash Balances Since 30 Sep 2026 -525.125 NAV 116,365.205 Notes: 1 - SUI tokens, digital asset receivables and deferred income as at 30 June 2026 reversed 2- SUI tokens, SUI loans and SuiUSDe added back at prevailing market prices
Forward Looking Statements This press release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are neither historical facts nor assurances of future performance. You should not place undue reliance on any of these forward-looking statements. Forward-looking statements can be identified by the use of forward-looking terminology including “may,” “believe,” “expect,” “intend,” “anticipate,” “plan,” “should,” “estimate,” “continue,” “potential,” “will,” “seek,” “pursuing,” “working to,” “building,” “designed” or other similar words and include the Company’s expectation of future performance contained herein. These statements include, but are not limited to, expectations regarding the Company’s future performance and growth, its ability to successfully execute its strategic plans, the Company’s digital asset treasury, the implementation of the Company’s stablecoin strategy, and the nature and performance of digital assets held by the Company. Forward-looking statements are subject to significant risks and uncertainties, many of which are beyond the Company’s control. Actual results may differ materially from those expressed or implied in these statements due to various factors, including but not limited to: the inherent volatility and risks associated with investing in SUI, the risk that the Company’s stock price may be highly correlated to the price of the digital assets that it holds, challenges in executing a treasury diversification strategy, the capabilities and limitations of the SUI blockchain, the competitive environment of the Company’s business among others, the inherent uncertainties associated with the Company’s business strategy, risks relating to minority investments in other sectors including financial technology and artificial intelligence, risk of nonperformance by borrowers, service providers and other counterparties, government regulation of cryptocurrencies; tax treatment of crypto assets; access to financing and dilution; the material weakness in ICFR; cyber and security breaches of Company or counterparties; conflicts of interest from affiliates (Karatage); potential litigation; Company’s ability to achieve profitable operations and the risk factors and other factors noted in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, any Quarterly Reports on Form 10-Q and the other documents that the Company files with the Securities and Exchange Commission from time to time. The risk factors and other factors noted therein could cause actual results to differ materially from those contained in any forward-looking statement. The Company disclaims any duty to update and does not intend to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release, except as may be required by law. Contacts Media Contact Gasthalter & Co. SUIG@gasthalter.com Investor Relations Contact Elevate IR (720) 330-2829 SUIG@elevate-ir.com SUI GROUP HOLDINGS LIMITED CONDENSED BALANCE SHEETS (In thousands, except for share and per share data)
Assets September December Current 30,2026 31,2025 Assets (unaudited) (audited) ────────────────────────────────────────────────────────────────────────────── Cash and cash $ 678 $ 21,936 equivalents Equity 616 956 investments Debt — 3,414 investments Interest and dividend — 758 receivable, net Digital asset loan — 1,305 receivable, net Digital asset receivable, — 29 net Prepaid 1,852 1,806 expenses Income tax 131 131 receivable Total current 3,277 30,335 assets Digital 106,271 147,415 assets Digital asset loan 6,006 2,306 receivable, net Digital asset receivable, 23,510 — net Debt — 10,244 investments Equity 6,030 — investments Other assets 9 65 Total Assets $ 145,103 $ 190,365 Liabilities and Shareholders' Equity Current Liabilities Accounts payable and 823 858 other liabilities Deferred 10,871 11,859 income Total current 11,694 12,717 liabilities Long Term Liabilities Deferred — 7,906 income Total long-term — 7,906 liabilities Total $ 11,694 $ 20,623 liabilities Commitments and — — Contingencies Shareholders' Equity Common stock, par value $0.001 per share (2,000,000,0… 77 77 authorized; 76,802,872 issued and outstanding) Additional paid-in 437,632 431,800 capital Accumulated (304,300 ) (262,135 ) deficit Total shareholders' 133,409 169,742 equity Total liabilities and $ 145,103 $ 190,365 shareholders' equity
See accompanying Notes to Financial Statements SUI GROUP HOLDINGS LIMITED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) (In thousands, except for share and per share data)
Full text with the tables
Exhibit 99.1
SUI Group Reports Third Quarter 2026 Financial and Operating Results Advancing
SUI Treasury Strategy, Reducing costs, While Pursuing High-Conviction Growth
Opportunities Across Digital Assets, Fintech and Artificial Intelligence Total
SUI Holdings of 109,290,995 (Including Digital Asset Loans and Receivables) as
of November 2, 2026 WAYZATA, MN, November 5, 2026 – Sui Group Holdings Limited
(NASDAQ: SUIG) (“SUI Group,” “SUIG” or the “Company”) today announced its
financial and operating results for the third quarter ended September 30, 2026,
along with an update on its SUI treasury strategy. “During the third quarter, we
continued to identify opportunities to put our balance sheet to work to generate
attractive, risk-adjusted returns and enhance the long-term value of our
treasury,” said Marius Barnett, Chairman of the Board. “With approximately 109.3
million SUI tokens held across our treasury, lending arrangements and
receivables, we have built a substantial position in the Sui ecosystem. Our
staking strategy continues to generate SUI-denominated yield, enabling us to
enhance the productivity of our holdings while preserving exposure to the
network’s long-term growth. We believe the combination of our scale, yield-
generating activities and disciplined approach to capital allocation provides a
strong foundation for creating value beyond simply holding SUI.” “Beyond our
treasury operations, we see an important opportunity to contribute to the
continued development and adoption of the Sui ecosystem. Through our
relationships with the Sui Foundation and leading protocols, we are working to
support the expansion of the network’s financial applications and broader
utility. We are also evaluating high-conviction investment opportunities across
the digital assets, financial technology and artificial intelligence sectors,
building on the strategic investments we have made to date. We are taking a
selective approach to deploying capital, with an emphasis on attractive risk-
adjusted returns, balance sheet productivity and opportunities that can generate
lasting value for our shareholders.” The Company also served as a Platinum
Sponsor of Sui Basecamp 2026, the Sui ecosystem’s flagship annual event, held
October 7-8 in Singapore alongside TOKEN2049. The event provided an opportunity
to deepen connections between SUI Group, the Sui Foundation and other leading
members of the Sui ecosystem. Sui Basecamp featured the SUIG Arena, which hosted
a live trading competition, and a fireside discussion featuring SUI Group Board
Director Brian Quintenz, former Commissioner of the U.S. Commodity Futures
Trading Commission. Q3 2026 Financial Summary (vs. Q3 2025) Highlights from the
Company’s results for the third quarter of 2026 from its SUI treasury, as well
as its legacy commercial short-term non-bank lending and specialty finance
business, were as follows:
Total Revenue and Other Income: Total revenue and other income
in Q3 2026 (excluding net realized and unrealized losses on investments)
was $557,000 compared to $2.6 million in the same period last year. The
• decrease was primarily driven by lower investment and interest income
from the legacy loan
portfolio and lower SUI staking revenue in dollars, due to the decline in
the market price of SUI when rewards were earned.
Digital Asset Gains and Losses: The Company’s third quarter
2026 results include approximately $54.7 million in net gains on digital
assets and receivables, consisting of $82.7 million in net unrealized
gains (including $3.0 million of amortized deferred income), partially
offset by $28.0 million in
realized losses associated with digital asset trading activities. The
• unrealized gains primarily reflect changes in the fair value of the
Company’s digital assets and receivables, including the amortization of
deferred income related to its
SUI purchases. The realized losses were primarily attributable to
high-frequency trading activities. These amounts largely reflect the U.S.
GAAP accounting treatment of the Company’s digital asset holdings and
changes in SUI’s market price,
rather than corresponding cash inflows or outflows of the same amounts.
Net Income (Loss):Net income for the third quarter of 2026
• increased significantly to $47.7 million, or $0.59 per diluted share,
compared to a net loss of $44.3 million, or $(0.72) per diluted share, in
the same period last year.
SUI Group Treasury Update
• Treasury: 109,290,995 SUI (including 6,000,000 SUI loan receivables) as
of November 2, 2026.
SUI Value: Approximately $98.4 million using the November 2, 2026, price
• of $0.90 per SUI1. Please refer to mNAV calculation in this announcement
for the reconciliation between US GAAP
and non-GAAP numbers.
SUI per Share: Using fully adjusted shares2issued and outstanding as of
November 2, 2026, of 80.9 million shares, SUI Group’s treasury remained
• flat at 1.35 SUI per share of common
stock (vs approximately 1.35 on August 3, 2026), or $1.22 per share of
common stock (vs $0.93 on August 3, 2026).
Staking: A significant majority of the Company’s SUI is being staked,
• earning an approximate 1.5% annualized yield during the three-month
period ended September 30, 2026. The current estimated
daily yield is approximately 4,000 SUI.
Conference Call and Webcast Details The Company will conduct a conference call
today, November 5, 2026, at 5:00 p.m. Eastern time to discuss its financial and
operating results for the third quarter ended September 30, 2026. SUI Group’s
executive team will host the conference call, followed by a question-and-answer
session. Date: Thursday, November 5, 2026 Time: 5:00 p.m. ET Toll-free dial-in
number: (877) 407-6176 International dial-in number: (201) 689-8451 Webcast:
SUIG’s Q3 2026 Earnings Conference Call Participants can also access the
Company’s earnings call using the call me option herefor instant telephone
access to the event, which will be active approximately 15 minutes before the
scheduled start time. 1Based on SUI/USD price on November 2, 2026, as reported
by Coinbase. 2Includes issued shares, as well as issued but unexercised pre-
funded warrants. If you have any difficulty registering or connecting with the
conference call, please contact Elevate IR at (720) 330-2829. The conference
call will also be available for replay on the investor relations section of the
Company’s website at www.SUIG.io. About Sui Group Holdings Limited SUI Group is
the only publicly traded company with an official Sui Foundation relationship,
providing institutional-grade exposure to the Sui blockchain. Sui’s high-speed,
horizontally scalable architecture positions it as one of the leading
blockchains designed for mass adoption, powering next-generation applications in
finance, gaming, agentic finance and beyond. Through its industry-first SUI
treasury strategy, SUI Group is building a premier, foundation-backed digital
asset treasury platform designed for scale, transparency and long-term value
creation. The Company also seeks to enhance balance sheet productivity by
investing opportunistically in the SUI ecosystem and allocating capital to high-
conviction growth themes across the wider digital asset, financial technology
and artificial intelligence sectors. The Company has continued its specialty
finance operations while executing its SUI treasury and high-conviction growth
strategies. For more information, please visit www.SUIG.io . Supplemental
Information on mNAV SUIG estimates its mNAV by dividing the aggregate value of
its digital assets, cash balances and other NAV by the number of its outstanding
common stock (including pre-funded warrants). Using the closing price of SUIG
common stock and SUI token price on November 2, 2026, SUIG is trading at an
approximate mNAV of 0.72x, with calculation details below.
M / NAV Calculation
Outsanding Shares incl. Pre-Funded Warrants 80,897
Current Share Price [November 2, 2026] $1.03
Market Cap $83,323
SUI/Share 1.35
NAV
SUI Holdings $98,362
- number 109,290,995
- current price [November 2, 2026] $0.90
USDC / USDT / SuiUSDe / Cash (available for SUI $10,188
purchases)
Other NAV $7,815
- portfolio investments $625
- Nof1 $3,000
- Recursive Ai $3,030
- other Net Assets $1,160
NAV $116,365
M/NAV 0.72x
Supplemental Measures The Company uses mNAV to help assess the performance of
its strategy of acquiring and deploying SUI in a manner the Company believes is
accretive to shareholders. The Company believes that mNAV can assist investors
in understanding how the Company chooses to fund purchases of and deploy SUI and
the value created by such purchases. Such metrics have inherent limitations
including not taking into account that our assets are subject to all existing
and future liabilities. Such metrics are not, and should not be understood as
financial performance, valuation, or liquidity measures and may not be
comparable to similarly titled measures of other companies. Other companies,
including other companies with digital asset treasuries, may calculate mNAV or
similarly titled metrics differently, limiting the usefulness of the measure for
comparative purposes. Although mNAV incorporates the label “NAV,” it is not
equivalent to “net asset value” or “NAV” or any similar metric in the
traditional financial context. The trading price of the Company’s common stock
is informed by numerous factors in addition to Company’s SUI holdings and its
actual or potential shares of common stock outstanding, and as a result, the
trading price of the Company’s common stock can deviate significantly from the
market value of the Company’s SUI holdings, and mNAV is not indicative or
predictive of the trading price of the Company’s common stock. Such metrics are
merely supplements, not substitutes for the financial statements and other
disclosures contained in the Company’s SEC filings. Investors should rely on the
financial statements and other disclosures contained in the Company’s SEC
filings. Non-GAAP Financial Information This press release includes certain non
‑GAAP financial measures that are not presented in accordance with U.S.
generally accepted accounting principles (“GAAP”). These non ‑GAAP financial
measures are mNAV, NAV (as used in the calculation of mNAV), SUI value, SUI per
share (expressed in SUI tokens and in U.S. dollars), and total revenue and other
income . SUI Group uses these non ‑GAAP financial measures to supplement its
GAAP results in order to provide investors with additional insight into the
Company’s SUI treasury and net assets at prevailing market prices, and to
facilitate comparisons across reporting periods. Management believes these non
‑GAAP measures are useful to investors because they present the Company’s SUI
holdings and certain other assets at prevailing market prices rather than at
GAAP carrying values and, in the case of total revenue and other income, exclude
net realized and unrealized gains and losses on investments . These non ‑GAAP
financial measures should not be considered in isolation or as a substitute for,
or superior to, financial measures prepared in accordance with GAAP. The
principal limitations of these non‑GAAP measures are that they use prevailing
market prices rather than GAAP carrying values and, in the case of total revenue
and other income, exclude losses that are required to be recorded under GAAP and
that may have a material impact on the Company’s financial results. In addition,
other companies, including companies in the digital asset and financial services
industries, may calculate similarly titled non ‑GAAP measures differently, which
limits their usefulness for comparative purposes. To compensate for these
limitations, SUI Group encourages investors to review the Company’s non ‑GAAP
financial measures together with the most directly comparable GAAP financial
measures, which are presented in the table below.
GAAP to mNAV Reconciliation - thousands
Total Shareholders' Equity - 30 Sep 2026 133,409
GAAP Adjustments 1
Digital Asset Loan Receivable -6,006
Digital Assets -106,271
Digital Asset Receivable -23,510
Deferred Income 10,871
Other Adjustments 2
SUI - Including Digital Asset Receivables 98,361.896
SuiUSDe 10,035.434
Movement in Cash Balances Since 30 Sep 2026 -525.125
NAV 116,365.205
Notes:
1 - SUI tokens, digital asset receivables and
deferred income as at 30 June 2026 reversed
2- SUI tokens, SUI loans and SuiUSDe added back at
prevailing market prices
Forward Looking Statements This press release contains “forward-looking
statements” as that term is defined in Section 27A of the United States
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. Forward-looking statements are neither historical facts
nor assurances of future performance. You should not place undue reliance on any
of these forward-looking statements. Forward-looking statements can be
identified by the use of forward-looking terminology including “may,” “believe,”
“expect,” “intend,” “anticipate,” “plan,” “should,” “estimate,” “continue,”
“potential,” “will,” “seek,” “pursuing,” “working to,” “building,” “designed” or
other similar words and include the Company’s expectation of future performance
contained herein. These statements include, but are not limited to, expectations
regarding the Company’s future performance and growth, its ability to
successfully execute its strategic plans, the Company’s digital asset treasury,
the implementation of the Company’s stablecoin strategy, and the nature and
performance of digital assets held by the Company. Forward-looking statements
are subject to significant risks and uncertainties, many of which are beyond the
Company’s control. Actual results may differ materially from those expressed or
implied in these statements due to various factors, including but not limited
to: the inherent volatility and risks associated with investing in SUI, the risk
that the Company’s stock price may be highly correlated to the price of the
digital assets that it holds, challenges in executing a treasury diversification
strategy, the capabilities and limitations of the SUI blockchain, the
competitive environment of the Company’s business among others, the inherent
uncertainties associated with the Company’s business strategy, risks relating to
minority investments in other sectors including financial technology and
artificial intelligence, risk of nonperformance by borrowers, service providers
and other counterparties, government regulation of cryptocurrencies; tax
treatment of crypto assets; access to financing and dilution; the material
weakness in ICFR; cyber and security breaches of Company or counterparties;
conflicts of interest from affiliates (Karatage); potential litigation;
Company’s ability to achieve profitable operations and the risk factors and
other factors noted in the Company’s Annual Report on Form 10-K for the year
ended December 31, 2025, any Quarterly Reports on Form 10-Q and the other
documents that the Company files with the Securities and Exchange Commission
from time to time. The risk factors and other factors noted therein could cause
actual results to differ materially from those contained in any forward-looking
statement. The Company disclaims any duty to update and does not intend to
update any forward-looking statements, all of which are expressly qualified by
the statements in this section, to reflect events or circumstances after the
date of this press release, except as may be required by law. Contacts Media
Contact Gasthalter & Co. SUIG@gasthalter.com Investor Relations Contact Elevate
IR (720) 330-2829 SUIG@elevate-ir.com SUI GROUP HOLDINGS LIMITED CONDENSED
BALANCE SHEETS (In thousands, except for share and per share data)
Assets September December
Current 30,2026 31,2025
Assets (unaudited) (audited)
──────────────────────────────────────────────────────────────────────────────
Cash and cash $ 678 $ 21,936
equivalents
Equity 616 956
investments
Debt — 3,414
investments
Interest and
dividend — 758
receivable,
net
Digital asset
loan — 1,305
receivable,
net
Digital asset
receivable, — 29
net
Prepaid 1,852 1,806
expenses
Income tax 131 131
receivable
Total current 3,277 30,335
assets
Digital 106,271 147,415
assets
Digital asset
loan 6,006 2,306
receivable,
net
Digital asset
receivable, 23,510 —
net
Debt — 10,244
investments
Equity 6,030 —
investments
Other assets 9 65
Total Assets $ 145,103 $ 190,365
Liabilities
and
Shareholders'
Equity
Current
Liabilities
Accounts
payable and 823 858
other
liabilities
Deferred 10,871 11,859
income
Total current 11,694 12,717
liabilities
Long Term
Liabilities
Deferred — 7,906
income
Total
long-term — 7,906
liabilities
Total $ 11,694 $ 20,623
liabilities
Commitments
and — —
Contingencies
Shareholders'
Equity
Common stock,
par value
$0.001 per
share
(2,000,000,0… 77 77
authorized;
76,802,872
issued and
outstanding)
Additional
paid-in 437,632 431,800
capital
Accumulated (304,300 ) (262,135 )
deficit
Total
shareholders' 133,409 169,742
equity
Total
liabilities
and $ 145,103 $ 190,365
shareholders'
equity
See accompanying Notes to Financial Statements SUI GROUP HOLDINGS LIMITED
CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) (In thousands, except for share
and per share data)
Thr… Nine
Mon… Mon…
End… End…
Sep… Sep… Sep… Sep…
Rev… 30,… 30,… 30,… 30,…
──────────────────────────────────────────────────────────────────────────────
SUI
sta… $ 258 $ 1,014 $ 1,108 $ 1,014
rev…
Dig…
len… 53 — 159 —
int…
inc…
Inv… — — — 1,726
inc…
Tot… 311 1,014 1,267 2,740
Rev…
Ope…
(In…
Exp…
Pro… 966 517 3,060 758
fees
Sto… 1,891 2,262 5,832 2,262
com…
Ass…
and
str… 236 438 862 438
man…
fees
Com… 468 338 1,364 721
exp…
Ins… 379 304 1,275 328
Unr…
(ga…
loss
on
dig… (82,… ) 60,7… (66,… ) 60,7…
ass…
and
rec…
net
Rea…
loss
on 27,9… — 81,7… —
dig…
ass…
net
Imp…
of
dig… — — 1,367 —
ass…
rec…
Pro…
for 1,004 — 2,074 —
cre…
los…
Net
rea…
and
unr… — — — (477 )
gain
on
inv…
Oth…
gen… 240 54 437 101
and
adm…
Tot…
Ope… (49,… ) 64,6… 31,6… 64,8…
(In…
Exp…
Ope…
Inc… $ 49,8… $ (63,… ) $ (30,… ) $ (62,… )
(Lo…
Oth…
Inc…
(Lo…
Inv… 154 1,621 979 1,621
inc…
Net
rea…
and
unr… (2,4… ) 525 (13,… ) 525
gain
(lo…
on
inv…
Oth… 92 — 330 —
inc…
Tot…
Oth… (2,1… ) 2,146 (11,… ) 2,146
Inc…
(Lo…
Inc…
(Lo… $ 47,6… $ (61,… ) $ (42,… ) $ (60,… )
Bef…
Tax…
Pro…
for — (17,… ) — (16,… )
Inc…
Tax…
Net
Inc… $ 47,6… $ (44,… ) $ (42,… ) $ (43,… )
(Lo…
Ear…
per
Sha…
Bas… $ 0.59 $ (0.72 ) $ (0.52 ) $ (1.75 )
Dil… $ 0.59 $ (0.72 ) $ (0.52 ) $ (1.75 )
Wei…
num…
of
com… 80,8… 61,1… 80,8… 24,7…
sha…
out…
-
bas…
Wei…
num…
of
com… 80,8… 61,1… 80,8… 24,7…
sha…
out…
-
dil…
See accompanying Notes to Financial Statements