Iclick Interacti Stock Price, News & Analysis

iClick Interactive Asia Group Limited (NASDAQ: ICLK) has announced a change in the ratio of its American depositary shares (ADSs). Effective November 14, 2022, the ratio will shift from 1 ADS representing 0.5 Class A ordinary shares to 1 ADS representing 5 Class A ordinary shares, effectively a one-for-ten reverse split. This change will not affect the number of Class A ordinary shares held by existing shareholders. The ADS price is expected to increase proportionally, but no guarantees are provided.

iClick Interactive Asia Group Limited (ICLK) reported its Q2 2022 financial results, revealing a 51% decline in total revenue to $38.1 million, primarily due to a 62% drop in Marketing Solutions revenue. In contrast, Enterprise Solutions revenue saw modest growth, increasing by 3% to $13.8 million, representing a historic high of 36% of total revenue. The company experienced a net loss of $45.8 million compared to a net income of $0.6 million in Q2 2021, impacted by a goodwill impairment of $24.9 million. Despite challenges, iClick focuses on enhancing its Enterprise Solutions amid a volatile market.

iClick Interactive Asia Group Limited (NASDAQ: ICLK) will announce its unaudited second quarter 2022 financial results on August 25, 2022, before U.S. market opens. The earnings call is scheduled for 8:00 a.m. ET, hosted by CEO Mr. Jian 'T.J.' Tang and CFO Mr. David Zhang. Participants can join via dial-in or through a live webcast. iClick is a leading enterprise and marketing cloud platform in China, specializing in data-driven solutions for global brands.

iClick Interactive Asia Group Limited (NASDAQ: ICLK) has launched Arohar, a groundbreaking mobile application designed for metaverse-based livestreaming. This product utilizes AI and AR technology to create interactive 3D avatars and immersive experiences. According to PwC, the metaverse market is projected to reach USD467.4 billion by 2025. Arohar features real-time facial animation, virtual backgrounds, and integrates with popular platforms like Facebook and YouTube. The app is now available in North America, marking a significant step in iClick's international strategy.

On June 14, 2022, iClick Interactive Asia Group Limited (NASDAQ: ICLK) received a notification from Nasdaq indicating that the company does not meet the minimum bid price requirement, with its American Depositary Shares (ADSs) closing below $1.00 for 30 consecutive business days. The Company has a compliance period until December 12, 2022, to regain compliance. If the ADS price reaches $1.00 for 10 consecutive business days within this period, compliance will be confirmed. The notice has no immediate effect on trading.

iClick Interactive Asia Group Limited (Nasdaq: ICLK) reported its first quarter 2022 financial results, with total revenue of $47.4 million, down 29% year-over-year. The decline primarily stemmed from a 42% drop in Marketing Solutions revenue, partially offset by a 34% increase in Enterprise Solutions revenue, reaching $15.7 million, a record high for first quarters. Gross profit decreased by 18% to $16.0 million, but gross margin improved to 33.8%. The company withdrew its full-year 2022 guidance due to uncertainties from COVID-19 and related government measures.

iClick Interactive Asia Group Limited (NASDAQ: ICLK) will release its unaudited first quarter 2022 financial results on May 27, 2022, before the U.S. market opens. A conference call hosted by Chairman T.J. Tang and CFO David Zhang will take place at 8:00 a.m. ET to discuss the Company’s performance. Participants can join via phone or a live webcast. iClick is a leading marketing cloud platform in China, providing full-stack consumer lifecycle solutions to help brands achieve business growth.

iClick Interactive Asia Group Limited (NASDAQ: ICLK) announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the SEC on May 2, 2022. This comprehensive report includes the Company's audited consolidated financial statements, available on the SEC's website and iClick's investor relations site. Founded in 2009 and headquartered in Hong Kong, iClick is a leading enterprise and marketing cloud platform in China, offering data-driven solutions that enhance brand growth and profitability across various consumer touchpoints.

iClick Interactive Asia Group Limited (Nasdaq: ICLK) announced its unaudited financial results for Q4 and the full year 2021, recording a total revenue of US$307.7 million, up 21% year-over-year. The Enterprise Solutions segment achieved 125% growth, generating US$65.1 million in 2021, while Marketing Solutions saw a 7% increase to US$242.6 million. Despite this, the company reported a net loss of US$16.6 million for the year. For Q1 2022, revenue from Enterprise Solutions is projected between US$16 million and US$17 million.