Amber International Holding Ltd. has announced a transition in its accounting practices, effective from January 1, 2025. The company will begin reporting its financial results in accordance with International Financial Reporting Standards (IFRS), moving away from the previously used United States Generally Accepted Accounting Principles (US GAAP). This change is aimed at aligning with the financial reporting standards of Amber DWM Holding Limited, which became a subsidiary following a business combination on March 12, 2025. The transition will require some prior year data to be restated under IFRS, though the company has clarified that there were no material errors or misstatements in the previously issued financial statements under US GAAP.
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