ZW Data Action Technologies Inc. CNET
We are a holding company that conducts our businesses through our subsidiaries outside of mainland China, PRC subsidiaries and operating entities (the "VIEs"). We primarily operate a one-stop services for our clients on our Omni-channel advertising, precision marketing, influencer marketing and data analysis management system. We also develop blockchain enabled web/mobile applications and provide software solutions, i.e., Software-as-a-Service ("SaaS") services for clients. In addition, we provide intellectual property licensing services.
distributing the right to use search engine marketing service we purchased from key search engines to increase the sales lead conversion rate for our clients' business promotion on both mobile and computer searches;
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.6M | $15.4M | $30.6M | $26.2M | $47.3M | $38.4M | $58.1M | $57.1M | $46.6M | $34.8M |
| Cost of revenue | $4.3M | $15.0M | $31.0M | $26.4M | $47.2M | $37.8M | $52.6M | $54.7M | $42.0M | $27.0M |
| Gross profit | $353.0K | $446.0K | -$436.0K | -$194.0K | $98.0K | $632.0K | $5.5M | $2.4M | $4.6M | $7.8M |
| R&D | $0 | $0 | $17.0K | $229.0K | $326.0K | $539.0K | $869.0K | $933.0K | $1.3M | $2.0M |
| SG&A | $2.3M | $4.0M | $4.1M | $8.3M | $12.6M | $5.4M | $5.8M | $5.5M | $7.5M | $7.7M |
| Total operating expenses | $2.3M | $4.2M | $5.6M | $10.9M | $13.7M | $6.3M | $7.2M | $16.9M | $14.0M | $13.9M |
| Operating income | -$2.0M | -$3.8M | -$6.0M | -$11.1M | -$13.6M | -$5.7M | -$1.7M | -$14.5M | -$9.4M | -$6.1M |
| Interest expense | — | — | — | — | — | — | $35.0K | $37.0K | $107.0K | $13.0K |
| Pre-tax income | -$1.8M | -$3.4M | -$6.0M | -$9.8M | -$2.5M | -$5.1M | -$1.2M | -$13.4M | -$9.8M | -$6.2M |
| Income tax | $1.0K | $399.0K | $2.0K | $3.0K | $177.0K | $143.0K | $49.0K | $764.0K | $251.0K | $102.0K |
| Net income | -$1.8M | -$3.8M | -$6.0M | -$9.8M | -$2.8M | -$5.2M | -$1.3M | -$14.0M | -$10.1M | -$6.5M |
| EPS, basic | -0.67 | -1.86 | -3.11 | -1.37 | -0.42 | — | — | — | — | — |
| EPS, diluted | — | — | — | — | -0.08 | -0.24 | -0.07 | -0.88 | -0.84 | — |
| Shares, diluted (wtd. avg.) | 2.7M | 2.0M | 1.9M | 7.1M | 6.6M | — | — | — | 12.1M | 11.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $970.0K | $812.0K | $817.0K | $4.4M | $7.2M | $4.3M | $1.6M | $3.7M | $3.0K | $3.0M |
| Receivables | $545.0K | $1.6M | $844.0K | $1.7M | $3.4M | $2.4M | $3.3M | $6.4M | $7.2M | $3.3M |
| Total current assets | $7.6M | $9.2M | $9.0M | $12.3M | $19.9M | $12.9M | $11.9M | $12.5M | $16.9M | $14.5M |
| Property, plant and equipment | $142.0K | $116.0K | $215.0K | $249.0K | $375.0K | $60.0K | $78.0K | $142.0K | $299.0K | $471.0K |
| Goodwill | — | — | — | — | — | — | — | — | $5.3M | $5.0M |
| Other intangibles | $515.0K | $0 | $841.0K | $3.3M | $7.5M | $2.6M | $1.9M | $45.0K | $3.8M | $7.3M |
| Total assets | $9.7M | $9.7M | $11.2M | $19.7M | $32.6M | $20.7M | $18.6M | $17.0M | $28.6M | $30.0M |
| Accounts payable | $169.0K | $93.0K | $201.0K | $205.0K | $1.1M | $608.0K | $408.0K | $2.9M | $2.9M | $102.0K |
| Total current liabilities | $5.1M | $5.8M | $4.9M | $5.7M | $8.8M | $8.0M | $7.0M | $9.0M | $13.0M | $7.6M |
| Total liabilities | $5.3M | $6.0M | $5.0M | $7.4M | $10.9M | $8.2M | $7.1M | $9.2M | $13.1M | $7.7M |
| Retained earnings | -$65.2M | -$63.5M | -$59.7M | -$53.5M | -$43.7M | -$41.0M | -$35.8M | -$34.5M | -$20.5M | -$10.4M |
| Total equity | $4.3M | $3.7M | $6.3M | $12.3M | $21.8M | $12.5M | $11.4M | $7.8M | $15.5M | $22.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$929.0K | -$2.1M | -$2.0M | -$3.2M | -$8.8M | $326.0K | -$4.3M | -$5.4M | -$1.3M | -$563.0K |
| Depreciation and amortisation | $232.0K | $938.0K | $1.3M | $2.2M | $632.0K | $856.0K | $170.0K | $541.0K | $1.4M | $1.6M |
| Stock-based compensation | $346.0K | $684.0K | $107.0K | $186.0K | $7.0M | $2.2M | $393.0K | $233.0K | $2.3M | $2.3M |
| Capital expenditure | $65.0K | $3.0K | $81.0K | $0 | $334.0K | $0 | — | $11.0K | $4.0K | $148.0K |
| Investing cash flow | -$144.0K | $895.0K | -$1.5M | $552.0K | -$5.5M | -$3.5M | -$2.2M | -$3.0M | -$2.1M | -$2.6M |
| Financing cash flow | $1.2M | $1.1M | $0 | $0 | $17.1M | $5.8M | $4.4M | $9.5M | — | $753.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001171843-26-004254.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.8M | $46.6M | $57.1M | $58.1M | $38.4M | $47.3M | $26.2M | $30.6M | $15.4M | $4.6M |
| Gross profit | $7.8M | $4.6M | $2.4M | $5.5M | $632.0K | $98.0K | -$194.0K | -$436.0K | $446.0K | $353.0K |
| Net income | -$6.5M | -$10.1M | -$14.0M | -$1.3M | -$5.2M | -$2.8M | -$9.8M | -$6.0M | -$3.8M | -$1.8M |
Recent filings and events
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Material agreement signed Item 1.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Material agreement signed Item 1.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Shareholder vote Item 5.07
- Material agreement signed Item 1.01
- Unregistered share sale Item 3.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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