Powerbridge Technologies Co., Ltd.

EDGAR

Annual consolidated revenue for 2025: about USD 6.292M, using the latest reported figures. The previous period, 2024, was about USD 11.61M.

Watchlist

Latest fiscal year

Revenue

6.29 million USD

2025 · USD

Exact inputs and evidence

Operating margin

-510.86%

2025 · %

Exact inputs and evidence
  • Operating Income: -32143596 USD Source
  • Revenue: 6292009 USD Source

Operating cash flow

-3.2 million USD

2025 · USD

Exact inputs and evidence
  • Operating Cash Flow: -3200000 USD Source

Free cash flow

-3.43 million USD

2025 · USD

Exact inputs and evidence
  • Operating Cash Flow: -3200000 USD Source
  • Capital Expenditure: 227829 USD Source
Cash and cash equivalents
2.2 million USD Source
Exact value

2200000 USD

Long-term debt including current maturities
3.13 million USD Source
Exact value

3131515 USD

Shares outstanding
1.19 million shares Source
Exact value

1187498 shares

Reported share-count change

-97.91% · -55.6 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 56794773 shares · 2021-12-31· Source
  • 1187498 shares · 2022-12-31· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-04-27.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 10 of 11 periods available· newest 2025-12-31
  • Operating income: 10 of 11 periods available· newest 2025-12-31
  • Net income: 9 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 10 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 10 of 11 periods available· newest 2025-12-31
  • Total assets: 9 of 11 periods available· newest 2025-12-31
  • Total liabilities: 6 of 11 periods available· newest 2025-12-31
  • Current assets: 9 of 11 periods available· newest 2025-12-31
  • Current liabilities: 9 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 9 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 4 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 6 of 11 periods available· newest 2022-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -45.8%

    Prior period

    USD 11.61 million

    –

    Current period

    USD 6.29 million

    –

    Exact inputs and evidence

    6292009 − 11611442 = -5319433 USD

    11611442 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    6292009 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +USD 50.04 million

    Prior period

    −USD 76.24 million

    –

    Current period

    −USD 26.2 million

    –

    Exact inputs and evidence

    -26200687 − -76237228 = 50036541 USD

    -76237228 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -26200687 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    −USD 2.21 million

    Prior period

    −USD 992,440

    –

    Current period

    −USD 3.2 million

    –

    Exact inputs and evidence

    -3200000 − -992440 = -2207560 USD

    -992440 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -3200000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    -68.5%

    Prior period

    USD 723,977

    –

    Current period

    USD 227,829

    –

    Exact inputs and evidence

    227829 − 723977 = -496148 USD

    723977 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    227829 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 6.29 million 100% of revenue
  • Cost of revenue USD 2.25 million 36% of revenue
  • Operating expenses USD 36.19 million 575% of revenue
  • Operating income −USD 32.14 million −511% of revenue
  • Tax, interest and other Derived −USD 5.94 million −94% of revenue
  • Net income −USD 26.2 million −416% of revenue

Cash

  • Operating cash flow −USD 3.2 million −51% of revenue
  • Capital expenditure USD 227,829 3.6% of revenue
  • Free cash flow Derived −USD 3.43 million −54% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 16%82%
  • 2017 Net income was higher than operating income, so the split is not drawn.
  • 2018 Net income was higher than operating income, so the split is not drawn.
  • 2019 Operating loss: operating costs were 156% of revenue.
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Operating loss: operating costs were 125% of revenue.
  • 2022 Operating loss: operating costs were 292% of revenue.
  • 2023 Operating loss: operating costs were 418% of revenue.
  • 2024 Operating loss: operating costs were 818% of revenue.
  • 2025 Operating loss: operating costs were 611% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-3121174801 17434686 Derived 3740115 286138 Derived 3453977 3887585 Derived
Source
2017 2017-01-01 – 2017-12-3121628554 17768952 Derived 3859602 -125264 Derived 3984866 -547782 Derived
Source
2018 2018-01-01 – 2018-12-3123152267 22139660 Derived 1012607 -533683 Derived 1546290 767910 Derived
Source
2019 2019-01-01 – 2019-12-3120095058 31347496 Derived -11252438 -465601 Derived -10786837 -6162485 Derived
Source
2020 2020-01-01 – 2020-12-3126664011 29951838 Derived -3287827 UnavailableUnavailable-571571 Derived
Source
2021 2021-01-01 – 2021-12-3132092828 40204821 Derived -8111993 1229349 Derived -9341342 -11858549 Derived
Source
2022 2022-01-01 – 2022-12-3110482809 30581563 Derived -20098754 1406844 Derived -21505598 -12282456 Derived
Source
2023 2023-01-01 – 2023-12-3116824823 70386861 Derived -53562038 56036403 Derived -109598441 -11831951 Derived
Source
2024 2024-01-01 – 2024-12-3111611442 95014484 Derived -83403042 -7165814 Derived -76237228 -1716417 Derived
Source
2025 2025-01-01 – 2025-12-316292009 38435605 Derived -32143596 -5942909 Derived -26200687 -3427829 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 6.3M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.34.7M26.0M17.3M8.7M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue21174801
2017Revenue21628554
2018Revenue23152267
2019Revenue20095058
2020Revenue26664011
2021Revenue32092828
2022Revenue10482809
2023Revenue16824823
2024Revenue11611442
2025Revenue6292009

Revenue growth

Change in revenue from the same financial period one year earlier.

-45.8% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.71%34%-3%-40%-78%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over yearNo prior comparable period
2017Year over year2.1%
2018Year over year7%
2019Year over year-13.2%
2020Year over year32.7%
2021Year over year20.4%
2022Year over year-67.3%
2023Year over year60.5%
2024Year over year-31%
2025Year over year-45.8%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -510.9% 2025
Net margin -416.4% 2025
Free cash flow margin -54.5% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.77%-136%-350%-564%-777%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin17.7%
2017Operating margin17.8%
2018Operating margin4.4%
2019Operating margin-56%
2020Operating margin-12.3%
2021Operating margin-25.3%
2022Operating margin-191.7%
2023Operating margin-318.4%
2024Operating margin-718.3%
2025Operating margin-510.9%
2016Net margin16.3%
2017Net margin18.4%
2018Net margin6.7%
2019Net margin-53.7%
2020-12-31Net marginNot reported
2021Net margin-29.1%
2022Net margin-205.2%
2023Net margin-651.4%
2024Net margin-656.6%
2025Net margin-416.4%
2016Free cash flow margin18.4%
2017Free cash flow margin-2.5%
2018Free cash flow margin3.3%
2019Free cash flow margin-30.7%
2020Free cash flow margin-2.1%
2021Free cash flow margin-37%
2022Free cash flow margin-117.2%
2023Free cash flow margin-70.3%
2024Free cash flow margin-14.8%
2025Free cash flow margin-54.5%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -3.2M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6.4M1.7M-3.0M-7.7M-12.5M201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow5130647
2017Operating cash flow1287861
2018Operating cash flow2930295
2019Operating cash flow-3260594
2020Operating cash flow1051741
2021Operating cash flow-9761386
2022Operating cash flow-9656725
2023Operating cash flow-11152805
2024Operating cash flow-992440
2025Operating cash flow-3200000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -3.4M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.5.2M491.9K-4.2M-8.9M-13.6M201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow3887585
2017Free cash flow-547782
2018Free cash flow767910
2019Free cash flow-6162485
2020Free cash flow-571571
2021Free cash flow-11858549
2022Free cash flow-12282456
2023Free cash flow-11831951
2024Free cash flow-1716417
2025Free cash flow-3427829

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

35.1% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.46%34%23%11%0%2016-12-3120212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Liabilities / assetsNot reportedNo source recorded
2017-12-31Liabilities / assetsNot reported
2018-12-31Liabilities / assetsNot reported
2019-12-31Liabilities / assetsNot reported
2020Liabilities / assets31.5%
2021Liabilities / assets27.8%
2022Liabilities / assets21.5%
2023Liabilities / assets18.2%
2024Liabilities / assets42.2%
2025Liabilities / assets35.1%

Current assets to current liabilities

Current assets divided by current liabilities.

0.93× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.38×2.53×1.69×0.84×0.00×2016-12-3120212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Current assets / current liabilitiesNot reportedNo source recorded
2017Current assets / current liabilities1.06×
2018Current assets / current liabilities1.04×
2019Current assets / current liabilities0.93×
2020Current assets / current liabilities1.04×
2021Current assets / current liabilities1.21×
2022Current assets / current liabilities3.13×
2023Current assets / current liabilities0.98×
2024Current assets / current liabilities0.74×
2025Current assets / current liabilities0.93×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 3.45 million
Exact value

Exact value: 3453977 USD

2016-01-01 – 2016-12-31: 3453977 USD Inspect Net Income Open source
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USD 5.13 million
Exact value

Exact value: 5130647 USD

2016-01-01 – 2016-12-31: 5130647 USD Inspect Operating Cash Flow Open source
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USD 1.24 million
Exact value

Exact value: 1243062 USD

2016-01-01 – 2016-12-31: 1243062 USD Inspect Capital Expenditure Open source
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USD 3.89 million
Calculation and evidence

5130647 − 1243062 USD

Exact free cash flow: 3887585 USD

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2017 2017-01-01 – 2017-12-31
USD 3.98 million
Exact value

Exact value: 3984866 USD

2017-01-01 – 2017-12-31: 3984866 USD Inspect Net Income Open source
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USD 1.29 million
Exact value

Exact value: 1287861 USD

2017-01-01 – 2017-12-31: 1287861 USD Inspect Operating Cash Flow Open source
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USD 1.84 million
Exact value

Exact value: 1835643 USD

2017-01-01 – 2017-12-31: 1835643 USD Inspect Capital Expenditure Open source
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−USD 547,782
Calculation and evidence

1287861 − 1835643 USD

Exact free cash flow: -547782 USD

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2018 2018-01-01 – 2018-12-31
USD 1.55 million
Exact value

Exact value: 1546290 USD

2018-01-01 – 2018-12-31: 1546290 USD Inspect Net Income Open source
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USD 2.93 million
Exact value

Exact value: 2930295 USD

2018-01-01 – 2018-12-31: 2930295 USD Inspect Operating Cash Flow Open source
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USD 2.16 million
Exact value

Exact value: 2162385 USD

2018-01-01 – 2018-12-31: 2162385 USD Inspect Capital Expenditure Open source
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USD 767,910
Calculation and evidence

2930295 − 2162385 USD

Exact free cash flow: 767910 USD

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2019 2019-01-01 – 2019-12-31
−USD 10.79 million
Exact value

Exact value: -10786837 USD

2019-01-01 – 2019-12-31: -10786837 USD Inspect Net Income Open source
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−USD 3.26 million
Exact value

Exact value: -3260594 USD

2019-01-01 – 2019-12-31: -3260594 USD Inspect Operating Cash Flow Open source
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USD 2.9 million
Exact value

Exact value: 2901891 USD

2019-01-01 – 2019-12-31: 2901891 USD Inspect Capital Expenditure Open source
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−USD 6.16 million
Calculation and evidence

-3260594 − 2901891 USD

Exact free cash flow: -6162485 USD

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2020 2020-01-01 – 2020-12-31
Unavailable Not reported for this period.
USD 1.05 million
Exact value

Exact value: 1051741 USD

2020-01-01 – 2020-12-31: 1051741 USD Inspect Operating Cash Flow Open source
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USD 1.62 million
Exact value

Exact value: 1623312 USD

2020-01-01 – 2020-12-31: 1623312 USD Inspect Capital Expenditure Open source
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−USD 571,571
Calculation and evidence

1051741 − 1623312 USD

Exact free cash flow: -571571 USD

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2021 2021-01-01 – 2021-12-31
−USD 9.34 million
Exact value

Exact value: -9341342 USD

2021-01-01 – 2021-12-31: -9341342 USD Inspect Net Income Open source
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−USD 9.76 million
Exact value

Exact value: -9761386 USD

2021-01-01 – 2021-12-31: -9761386 USD Inspect Operating Cash Flow Open source
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USD 2.1 million
Exact value

Exact value: 2097163 USD

2021-01-01 – 2021-12-31: 2097163 USD Inspect Capital Expenditure Open source
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−USD 11.86 million
Calculation and evidence

-9761386 − 2097163 USD

Exact free cash flow: -11858549 USD

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2022 2022-01-01 – 2022-12-31
−USD 21.51 million
Exact value

Exact value: -21505598 USD

2022-01-01 – 2022-12-31: -21505598 USD Inspect Net Income Open source
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−USD 9.66 million
Exact value

Exact value: -9656725 USD

2022-01-01 – 2022-12-31: -9656725 USD Inspect Operating Cash Flow Open source
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USD 2.63 million
Exact value

Exact value: 2625731 USD

2022-01-01 – 2022-12-31: 2625731 USD Inspect Capital Expenditure Open source
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−USD 12.28 million
Calculation and evidence

-9656725 − 2625731 USD

Exact free cash flow: -12282456 USD

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2023 2023-01-01 – 2023-12-31
−USD 109.6 million
Exact value

Exact value: -109598441 USD

2023-01-01 – 2023-12-31: -109598441 USD Inspect Net Income Open source
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−USD 11.15 million
Exact value

Exact value: -11152805 USD

2023-01-01 – 2023-12-31: -11152805 USD Inspect Operating Cash Flow Open source
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USD 679,146
Exact value

Exact value: 679146 USD

2023-01-01 – 2023-12-31: 679146 USD Inspect Capital Expenditure Open source
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−USD 11.83 million
Calculation and evidence

-11152805 − 679146 USD

Exact free cash flow: -11831951 USD

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2024 2024-01-01 – 2024-12-31
−USD 76.24 million
Exact value

Exact value: -76237228 USD

2024-01-01 – 2024-12-31: -76237228 USD Inspect Net Income Open source
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−USD 992,440
Exact value

Exact value: -992440 USD

2024-01-01 – 2024-12-31: -992440 USD Inspect Operating Cash Flow Open source
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USD 723,977
Exact value

Exact value: 723977 USD

2024-01-01 – 2024-12-31: 723977 USD Inspect Capital Expenditure Open source
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−USD 1.72 million
Calculation and evidence

-992440 − 723977 USD

Exact free cash flow: -1716417 USD

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2025 2025-01-01 – 2025-12-31
−USD 26.2 million
Exact value

Exact value: -26200687 USD

2025-01-01 – 2025-12-31: -26200687 USD Inspect Net Income Open source
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−USD 3.2 million
Exact value

Exact value: -3200000 USD

2025-01-01 – 2025-12-31: -3200000 USD Inspect Operating Cash Flow Open source
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USD 227,829
Exact value

Exact value: 227829 USD

2025-01-01 – 2025-12-31: 227829 USD Inspect Capital Expenditure Open source
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−USD 3.43 million
Calculation and evidence

-3200000 − 227829 USD

Exact free cash flow: -3427829 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

103 filings · 985 latest values · 985 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001754323, 1754323, PBTS, XTKG, XTKGF, edgar:1754323

Also known as POWERBRIDGE TECHNOLOGIES CO., LTD., Powerbridge Technologies Co., Ltd., X3 HOLDINGS CO., LTD., X3 Holdings Co., Ltd.