IB SETTLEMENT (00147) has announced a profit warning. The group anticipates recording a consolidated net loss of approximately HK$350 million for the fiscal year ending March 31, 2026.

This projected loss compares to the audited consolidated annual loss of about HK$387 million for the year ended March 30, 2025, representing a narrowing of the deficit.

The anticipated loss is primarily attributed to several factors. These include a share option expense of roughly HK$136 million stemming from the amortization of share options granted to the company's directors and employees on October 15, 2025.

Additionally, an impairment loss of approximately HK$49 million was recognized on holdings of Bitcoin. A further impairment loss of around HK$22 million was incurred on Bitcoin mining equipment.