• GBC initiated coverage on Advanced Blockchain with a Buy rating, setting a EUR 2 price target for Dec. 31, 2027.
• FY2025 net loss widened to EUR 3.48 million from EUR 1.78 million, driven by impairments, legal costs, consulting fees, balance-sheet adjustments.
• Incredulous Labs posted a $16.98 million net loss; assets fell to $5.39 million; equity turned negative at $7.48 million.
• Auditor opinion improved to qualified from a prior disclaimer; remaining qualification tied mainly to an intra-group balance.
• Adjusted NAV estimated at EUR 8.12 million, or EUR 2 per share, based on 4,060,000 shares outstanding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Advanced Blockchain AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26246) on July 22, 2026, and is solely responsible for the information contained therein.