Amber International Holding Delays Annual 20-F Filing

Amber International Holding ( (AMBR) ) has released a notification of late filing.

Amber International Holding Limited has filed a Form 12b-25 to notify investors of a delay in submitting its Form 20-F (Yearly Report) for the financial year ended December 31, 2025. The company cites ongoing work to finalize its audit and complete its assessment of internal control over financial reporting as the main reasons for missing the original deadline.

Management is still completing the review required under Section 404 of the Sarbanes-Oxley Act and compiling additional disclosures needed for the Form 20-F (Yearly Report). The company states that filing the annual report on time would have required unreasonable effort or expense, prompting use of the standard SEC extension.

Amber International Holding expects to file the delayed Form 20-F (Yearly Report) within the 15-calendar-day extension period allowed under SEC Rule 12b-25(b). Investors should therefore anticipate the full annual report to be available in the near term, assuming no further complications arise in the audit or control review process.

The company flags a significant change in its 2025 results of operations compared with the prior year, driven largely by corporate restructuring and business expansion. Key factors include the March 12, 2025 merger between iClick Interactive Asia Group Limited and Amber DWM Holding Limited, new intercompany services agreements, rapid growth in its Amber Premium Business, and a waiver of digital assets from a related party before the merger.

Based on preliminary and unaudited figures, Amber International Holding expects to report net income from continuing operations of no more than US$5.0 million for 2025. It also anticipates cash and cash equivalents, time deposits and restricted cash of no more than US$34.0 million as of December 31, 2025, though these estimates may change once the audit is completed.

The company emphasizes that these figures are forward-looking and subject to revision as management’s review and the audit conclude. It warns that actual results may differ materially from current expectations, underscoring the usual risks and uncertainties associated with projections and incomplete financials.

Amber International Holding confirms that all other required periodic reports under U.S. securities laws over the past 12 months have been filed. The Form 12b-25 notification is signed on behalf of the company by Chairman and Chief Executive Officer Michael Wu, dated April 30, 2026, signaling continued engagement with SEC reporting requirements and efforts to remain in compliance.

The most recent analyst rating on (AMBR) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Amber International Holding stock, see the AMBR Stock Forecast page.

Spark’s Take on AMBR Stock

According to Spark, TipRanks’ AI Analyst, AMBR is a Neutral.

The score is held down primarily by weak financial performance (sharp revenue contraction, ongoing losses, and negative operating/free cash flow). Technicals provide some near-term support (positive MACD and trading above 20/50-day averages), but overbought-leaning indicators and longer-term downtrend signals cap the outlook. Valuation is also constrained by unprofitability (negative P/E) and no dividend yield data.

To see Spark’s full report on AMBR stock, click here.

More about Amber International Holding

Amber International Holding Limited, formerly iClick Interactive Asia Group Limited, is a Singapore-based company listed in the U.S. that operates in the digital and technology space. Its business includes the Amber Premium Business and activities linked to WhaleFin Technologies Limited and AG Global Technology Limited Inc. following a merger transaction in March 2025.

Average Trading Volume: 80,990

Technical Sentiment Signal: Sell

Current Market Cap: $213.6M

Learn more about AMBR stock on TipRanks’ Stock Analysis page.