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iClick(ICLK) - 2019 Q4 - Annual Report
2020-04-30 20:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) ...
iClick(ICLK) - 2019 Q4 - Earnings Call Transcript
2020-03-31 18:38
Financial Data and Key Metrics Changes - Gross billings increased by 60% to a record of $641 million in 2019, while revenues rose by 25% year-over-year to $199.4 million [7][29] - Adjusted EBITDA for 2019 reached $5.9 million, more than triple the total reported in 2018, with a quarterly adjusted net income of $118,000 for Q4 2019, marking the first time the company reported quarterly adjusted net income [7][28] - Gross profit for the full year increased by 45% to $56.7 million, with Q4 gross profit growing by 46% to $17.2 million [24][26] Business Line Data and Key Metrics Changes - Marketing solutions reported a record high revenue of $189 million in 2019, an 18% increase year-over-year, with Q4 revenues growing by 34% to $53.1 million [25] - The newly launched enterprise software solutions business generated $10.4 million in its first full year, with Q4 revenue growing by 38% sequentially to $3.6 million [25][26] Market Data and Key Metrics Changes - The company noted that certain sectors, such as travel and hospitality, were adversely impacted by the coronavirus, while e-commerce and online payment sectors remained strong [20][22] - The company anticipates that brands will allocate more advertising budgets to mobile and online targeted marketing due to the pandemic, which could benefit its marketing solutions business [20][22] Company Strategy and Development Direction - The company aims to improve profitability in its marketing solutions business and continue revenue growth from its enterprise software solutions [13][14] - The focus for 2020 includes enhancing operational efficiencies and leveraging partnerships to drive growth [15][18] - The company is transitioning into a global integrated marketing and enterprise cloud platform, capitalizing on its data dominance [32] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about performance in 2020 despite the challenges posed by the coronavirus outbreak, emphasizing the importance of operational optimization [22][31] - The company is closely monitoring the impact of the pandemic on operations and financial results, with a focus on adapting to changing market conditions [19][31] Other Important Information - The company secured a $30 million credit facility with HSBC for working capital to support growth [10] - The company has completed agreements with M&A candidates to enhance market power and product offerings [11] Q&A Session Summary Question: Impact of virus outbreak on advertising sentiments - Management observed that the pandemic has impacted advertising budgets in sectors like hospitality and offline businesses, while online gaming and e-commerce have seen unexpected benefits [36] Question: Update on enterprise solutions pipeline - The enterprise solutions business is seeing increased demand as brands recognize the importance of online-offline data integration, with a strong pipeline for 2020 [40][41] Question: Guidance on marketing solutions revenue - The company expects a recovery in marketing solutions revenue, with a significant portion of budgets shifting to online channels, particularly in e-commerce and gaming [46][49] Question: Overall online advertising market growth in China - Management noted that the pandemic has significantly impacted offline advertising, but online sectors are less affected, presenting opportunities for growth [52] Question: New business opportunities from Forbes Media investment - The investment from Forbes Media is expected to lead to new strategic initiatives and potential M&A opportunities [59]
iClick(ICLK) - 2019 Q3 - Earnings Call Transcript
2019-11-26 19:39
iClick Interactive Asia Group Limited (NASDAQ:ICLK) Q3 2019 Results Conference Call November 26, 2019 8:00 AM ET Company Participants Lisa Li - Senior Manager, IR Sammy Hsieh - CEO and Co-Founder Dr. Jian Tang - COO, CTO and Co-Founder Terence Li - CFO Conference Call Participants Long Lin - The Benchmark Darren Aftahi - Roth Capital Partners Bo Pei - Oppenheimer Nelson Cheung - Citi Operator Hello, ladies and gentlemen. Thank you for standing by for iClick Interactive Asia Group Limited's Third Quarter 201 ...
iClick(ICLK) - 2019 Q2 - Earnings Call Transcript
2019-08-26 19:02
iClick Interactive Asia Group Limited (NASDAQ:ICLK) Q2 2019 Results Earnings Conference Call August 26, 2019 9:00 AM ET Company Participants Lisa Li - Senior Manager, Investor Relations Sammy Hsieh - Chairman, Chief Executive Officer and Co-Founder Terence Li - Chief Financial Officer Conference Call Participants Fawne Jiang - Benchmark Darren Aftahi - ROTH Capital Bo Pang - Oppenheimer Nelson Cheung - Citigroup Operator Hello, ladies and gentlemen. Thank you for standing by for iClick Interactive Asia Gr ...
iClick(ICLK) - 2019 Q1 - Earnings Call Transcript
2019-05-29 16:22
iClick Interactive Asia Group Ltd. (NASDAQ:ICLK) Q1 2019 Earnings Conference Call May 29, 2019 8:00 AM ET Company Participants Lisa Li - Senior Manager, IR Sammy Hsieh - Chief Executive Officer and Co-Founder Jie Jiao - Chief Financial Officer Terence Li - SVP, Finance Conference Call Participants Fawne Jiang - Benchmark Darren Aftahi - ROTH Capital Partners Bo Pei - Oppenheimer Nelson Cheung - Citibank Operator Hello, ladies and gentlemen. Thank you for standing by for iClick Interactive Asia Group Limited ...
iClick(ICLK) - 2018 Q4 - Annual Report
2019-04-25 20:19
NASDAQ Global Market Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018. OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR o SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR ...