Raison Markets Financial Statements for 2025

UAB Raison Markets, the Lithuanian legal entity of the Raison group, has published its audited financial statements for 2025. The audit was conducted by independent firm UAB Added Value (Vilnius) and resulted in an unmodified opinion: the statements give a true and fair view of the company's financial position in accordance with Lithuanian Financial Reporting Standards (LFRS).

These statements cover only the Lithuanian-regulated entity within the group and do not reflect the consolidated performance of Raison as a whole. Across all group entities, total client assets under management stand at $350 million. Publication of the statements is a regulatory requirement and reflects Raison's commitment to transparency and sound corporate governance.

Financial results

Revenue grew more than fourfold in 2025, reaching €307.6k compared to €74.0k the previous year. Net profit came in at €46.7k (2024: €67.7k), with the decline attributable to higher operating expenses incurred during the business restructuring.

Balance sheet

Total assets grew to €964k (2024: €849k) and equity increased to €358k (2024: €311k). The company carries no long-term liabilities; short-term liabilities amount to €606k.

Group structure optimization

As part of its adaptation to the European regulatory landscape, Raison is transitioning its crypto-asset services for EU residents to a single MiCA licensing framework. UAB Raison Markets is currently undergoing licensing with the Bank of Lithuania, after which services for European clients will resume under a unified regulatory regime.

For clients outside the EU, crypto-asset services continue to be provided by Imperial Finance Alliance Corp. — the group's Canadian entity, registered with FINTRAC and regulated by the Bank of Canada under RPAA.

This structure allows the group to serve its global client base in compliance with each jurisdiction's requirements, while steadily advancing toward a full-scale presence in the European market under MiCA.

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