Nvidia AI chips targeted in China customs crackdown- FT
Amber International Holding Ltd (09 Crypto Assets), a financial services company with a market capitalization of approximately $996 million, announced today that it will release its fiscal year 2024 financial results on Monday, April 28, 2025. Following the release, the company will host an earnings call to discuss the financial performance and results. According to InvestingPro data, the company faces profitability challenges, with negative EBITDA of $1.79 million in the last twelve months.
The Singapore-based company, formerly known as iClick Interactive Asia (NASDAQ:AMBR) Group Ltd and Optimix Media Asia Ltd, has undergone name changes in 2017, reflecting its evolving business focus. Amber International operates within the financial sector under the SIC code 6199, indicating a specialization in finance services. The company’s recent performance shows a significant revenue decline of 68.7% year-over-year, though InvestingPro analysis indicates a "Great" overall financial health score despite current challenges. Get access to 5+ additional exclusive ProTips and comprehensive financial metrics with an InvestingPro subscription.
As per the Securities and Exchange Commission (SEC) Form 6-K filing, the company’s financial results will be reported in accordance with the rules applicable to foreign private issuers. Amber International files annual reports under Form 20-F, which is designated for foreign private issuers with listed equity shares on American exchanges.
Josephine Ngai, the Chief Financial Officer of Amber International, has signed off on the report filed with the SEC, confirming the planned disclosure of the company’s financial outcomes and the subsequent earnings call.
Investors and stakeholders are advised to mark their calendars for the upcoming financial report, which will provide insights into the company’s performance over the past fiscal year. With the stock currently trading at $10.49, near its 52-week high of $13.09, and showing signs of being overvalued according to InvestingPro’s Fair Value analysis, the earnings call presents a crucial opportunity for analysts and investors to engage with the company’s executive team and gain a deeper understanding of Amber International’s financial health and strategic direction.
This news is based on a press release statement filed with the SEC by Amber International Holding Limited.
In other recent news, Amber International Holding Limited has completed its merger with Amber DWM Holding Limited and has begun trading its American Depositary Receipts on the Nasdaq Global Market under the ticker "AMBR." This merger, finalized on March 12, 2025, marks a significant milestone for the company as it aims to strengthen its presence in the digital asset finance sector. The merger involved an Amendment, Waiver, and Framework Agreement to modify certain terms of the original agreement, ensuring a smooth transition. Amber International plans to focus on enhancing trading, expanding investment offerings, and deepening institutional partnerships following its Nasdaq debut. The company’s legal counsel included Simpson Thacher & Bartlett LLP and Cleary Gottlieb Steen & Hamilton LLP, while International Elite Capital served as a communications advisor. The merger also saw the acquisition of WhaleFin Markets Limited and the assumption of contracts by a subsidiary of Amber DWM. iClick Interactive Asia Group Limited, now trading as Amber International, received Nasdaq approval for the post-merger listing of its American Depositary Shares. These developments are anticipated to bolster Amber International’s position in the digital wealth management sector.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.