SUIG

MKT CAP:$120M

SUI Group Holdings Limited

Market Cap

$120M

Financial Services·Financial - Capital Markets·🇺🇸 United States·NASDAQ

Financials·Financial·🇺🇸·NASDAQ

Stock Price

$1.53-$0.26 (-14.53%)

Apr 23, 2026

Company Details

SUI Group Holdings Limited, formerly Mill City Ventures III, Ltd., is a company that has shifted its strategic focus to a SUI treasury strategy centered on the Sui blockchain. It aims to be the premier, foundation-backed SUI treasury compan...

CEO

Douglas Michael Polinsky

IPO Date

May 27, 2009

Website

www.suig.io

Key Metrics TTM

Revenue

$4M

+92.3% YoY

Net Income

$2M

EPS (Diluted)

$0.24

Free Cash Flow

-$2M

Revenue / Share

$0.65

Gross Margin

100.0%

Operating Margin

51.2%

Net Margin

38.3%

FCF Margin

-41.7%

P/S

30.7x

P/E

80.1x

Earnings Reports

Q3 2025

May 13, 2026

PENDING

Q2 2025

Jun 30, 2025

$1M+33.5%EPS $0.11

Q1 2025

Mar 31, 2025

$940.5K+13.0%EPS $0.07

FY 2024

Dec 31, 2024

$4M+70.1%EPS $0.18

Q4 2024

Dec 31, 2024

$705.3K+250.4%EPS -$0.01

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 23	$727.3K	$727.3K	$306.0K
Q4 23	-$469.0K	-$469.0K	-$1M
Q1 24	$832.7K	$832.7K	$471.9K
Q2 24	$945.7K	$945.7K	$547.7K
Q3 24	$1M	$1M	$589.3K
Q4 24	$705.3K	$705.3K	-$91.6K
Q1 25	$940.5K	$940.5K	$560.7K
Q2 25	$1M	$1M	$946.3K

Valuation

Quarter	P/S	P/E
Q3 23	—	—
Q4 23	—	—
Q1 24	—	—
Q2 24	59.0x	434.1x
Q3 24	51.8x	323.9x
Q4 24	34.4x	102.9x
Q1 25	33.4x	97.1x
Q2 25	30.7x	80.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 23	-$562.7K	-$562.7K
Q4 23	-$586.8K	-$586.8K
Q1 24	$128.7K	$128.7K
Q2 24	$5M	$5M
Q3 24	-$2M	-$2M
Q4 24	$3M	$3M
Q1 25	-$4M	-$4M
Q2 25	$310.2K	$310.2K
Q3 25	$2M	$2M
Q4 25	-$415.0K	-$415.0K

Capital Expenditures

Quarter	CapEx
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$3
Q3 25	$0
Q4 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 24	+38.7%	-0.4%
Q4 24	+250.4%	-4.6%
Q1 25	+13.0%	+5.3%
Q2 25	+33.5%	-20.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 23	$0	0.0%
Q4 23	$0	—
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$2M	—
Q4 25	$0	—

OpEx Breakdown

Quarter	G&A	S&M
Q3 23	$265.4K	—
Q4 23	$392.2K	—
Q1 24	$172.1K	$188.6K
Q2 24	$242.7K	—
Q3 24	$260.6K	—
Q4 24	$289.9K	—
Q1 25	$200.0K	—
Q2 25	$139.3K	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 23	$962.9K	$0	$962.9K
Q4 23	$376.0K	$0	$376.0K
Q1 24	$504.7K	$0	$504.7K
Q2 24	$5M	$0	$5M
Q3 24	$3M	$0	$3M
Q4 24	$6M	$0	$6M
Q1 25	$2M	$0	$2M
Q2 25	$1M	$0	$1M
Q3 25	$43M	$9M	$52M
Q4 25	$22M	$3M	$25M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 23	6M	—	—
Q4 23	6M	+0.4%	—
Q1 24	7M	+1.8%	—
Q2 24	7M	0.0%	—
Q3 24	7M	0.0%	+2.3%
Q4 24	6M	-1.0%	+0.8%
Q1 25	6M	-1.0%	-2.0%
Q2 25	6M	-4.9%	-6.8%

Shares Outstanding