EBANG INTERNATIONAL HOLDINGS INC.

EDGAR

Annual consolidated revenue for 2025: about USD 6.537M, using the latest reported figures. The previous period, 2024, was about USD 5.869M.

Watchlist

Latest fiscal year

Revenue

6.54 million USD

2025 · USD

Exact inputs and evidence

Operating margin

-387.02%

2025 · %

Exact inputs and evidence
  • Operating Income: -25299509 USD Source
  • Revenue: 6536987 USD Source

Operating cash flow

-9.05 million USD

2025 · USD

Exact inputs and evidence
  • Operating Cash Flow: -9045139 USD Source

Free cash flow

-13.5 million USD

2025 · USD

Exact inputs and evidence
  • Operating Cash Flow: -9045139 USD Source
  • Capital Expenditure: 4497134 USD Source
Cash and cash equivalents
200 million USD Source
Exact value

200191726 USD

Long-term debt including current maturities
766 thousand USD Source
Exact value

765967 USD

Shares outstanding
112 million shares Source
Exact value

111771000 shares

Company performance

Up to ten complete financial years · consolidated figures

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

Latest filing recorded: 2026-09-29.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 8 of 11 periods available· newest 2025-12-31
  • Operating income: 8 of 11 periods available· newest 2025-12-31
  • Net income: 8 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 8 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 8 of 11 periods available· newest 2025-12-31
  • Total assets: 7 of 11 periods available· newest 2025-12-31
  • Total liabilities: 7 of 11 periods available· newest 2025-12-31
  • Current assets: 7 of 11 periods available· newest 2025-12-31
  • Current liabilities: 7 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 7 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 1 of 11 periods available· newest 2020-12-31
  • Shares outstanding: 1 of 11 periods available· newest 2019-12-31

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

    +11.4%

    Prior period

    USD 5.87 million

    –

    Current period

    USD 6.54 million

    –

    Exact inputs and evidence

    6536987 − 5868771 = 668216 USD

    5868771 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    6536987 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +USD 6.16 million

    Prior period

    −USD 20.25 million

    –

    Current period

    −USD 14.09 million

    –

    Exact inputs and evidence

    -14093529 − -20251051 = 6157522 USD

    -20251051 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -14093529 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +USD 8.57 million

    Prior period

    −USD 17.61 million

    –

    Current period

    −USD 9.05 million

    –

    Exact inputs and evidence

    -9045139 − -17613879 = 8568740 USD

    -17613879 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -9045139 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +1,915.7%

    Prior period

    USD 223,106

    –

    Current period

    USD 4.5 million

    –

    Exact inputs and evidence

    4497134 − 223106 = 4274028 USD

    223106 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    4497134 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 6.54 million 100% of revenue
  • Cost of revenue USD 6.14 million 94% of revenue
  • Operating expenses USD 25.69 million 393% of revenue
  • Operating income −USD 25.3 million −387% of revenue
  • Tax, interest and other Derived −USD 11.21 million −171% of revenue
  • Net income −USD 14.09 million −216% of revenue

Cash

  • Operating cash flow −USD 9.05 million −138% of revenue
  • Capital expenditure USD 4.5 million 69% of revenue
  • Free cash flow Derived −USD 13.54 million −207% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2018 Operating loss: operating costs were 110% of revenue.
  • 2019 Operating loss: operating costs were 146% of revenue.
  • 2020 Operating loss: operating costs were 240% of revenue.
  • 2021 Net income was higher than operating income, so the split is not drawn.
  • 2022 Operating loss: operating costs were 248% of revenue.
  • 2023 Operating loss: operating costs were 1,205% of revenue.
  • 2024 Operating loss: operating costs were 618% of revenue.
  • 2025 Operating loss: operating costs were 487% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2018 2018-01-01 – 2018-12-31319041793 350102700 Derived -31060907 -18752413 Derived -12308494 -114172892 Derived
Source
2019 2019-01-01 – 2019-12-31109060066 159707887 Derived -50647821 -8244452 Derived -42403369 -19092807 Derived
Source
2020 2020-01-01 – 2020-12-3119004301 45651102 Derived -26646801 5464123 Derived -32110924 -26372378 Derived
Source
2021 2021-01-01 – 2021-12-3151450247 49419878 Derived 2030369 -2400572 Derived 4430941 -22003599 Derived
Source
2022 2022-01-01 – 2022-12-3132328119 80316418 Derived -47988299 -4100057 Derived -43888242 1349393 Derived
Source
2023 2023-01-01 – 2023-12-314855181 58494376 Derived -53639195 -16867052 Derived -36772143 -12515911 Derived
Source
2024 2024-01-01 – 2024-12-315868771 36241663 Derived -30372892 -10121841 Derived -20251051 -17836985 Derived
Source
2025 2025-01-01 – 2025-12-316536987 31836496 Derived -25299509 -11205980 Derived -14093529 -13542273 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 6.5M 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.344.6M258.4M172.3M86.1M0.0201820222025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Revenue319041793
2019Revenue109060066
2020Revenue19004301
2021Revenue51450247
2022Revenue32328119
2023Revenue4855181
2024Revenue5868771
2025Revenue6536987

Revenue growth

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

11.4% 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.191%117%43%-31%-105%201820222025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2018Year over yearNo prior comparable period
2019Year over year-65.8%
2020Year over year-82.6%
2021Year over year170.7%
2022Year over year-37.2%
2023Year over year-85%
2024Year over year20.9%
2025Year over year11.4%

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 -387% 2025
Net margin -215.6% 2025
Free cash flow margin -207.2% 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.98%-225%-548%-871%-1,194%201820222025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2018Operating margin-9.7%
2019Operating margin-46.4%
2020Operating margin-140.2%
2021Operating margin3.9%
2022Operating margin-148.4%
2023Operating margin-1,104.8%
2024Operating margin-517.5%
2025Operating margin-387%
2018Net margin-3.9%
2019Net margin-38.9%
2020Net margin-169%
2021Net margin8.6%
2022Net margin-135.8%
2023Net margin-757.4%
2024Net margin-345.1%
2025Net margin-215.6%
2018Free cash flow margin-35.8%
2019Free cash flow margin-17.5%
2020Free cash flow margin-138.8%
2021Free cash flow margin-42.8%
2022Free cash flow margin4.2%
2023Free cash flow margin-257.8%
2024Free cash flow margin-303.9%
2025Free cash flow margin-207.2%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -9M 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.14.2M-18.7M-51.5M-84.4M-117.3M201820222025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Operating cash flow-108232036
2019Operating cash flow-13260198
2020Operating cash flow-15538942
2021Operating cash flow-15849840
2022Operating cash flow5153336
2023Operating cash flow-11530117
2024Operating cash flow-17613879
2025Operating cash flow-9045139

Free cash flow

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

USD -13.5M 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.10.6M-22.9M-56.4M-89.9M-123.4M201820222025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Free cash flow-114172892
2019Free cash flow-19092807
2020Free cash flow-26372378
2021Free cash flow-22003599
2022Free cash flow1349393
2023Free cash flow-12515911
2024Free cash flow-17836985
2025Free cash flow-13542273

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.

4.6% 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.75%56%37%19%0%2018-12-3120222025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2018-12-31Liabilities / assetsNot reportedNo source recorded
2019Liabilities / assets69%
2020Liabilities / assets23.8%
2021Liabilities / assets4.4%
2022Liabilities / assets6.5%
2023Liabilities / assets5.7%
2024Liabilities / assets5.6%
2025Liabilities / assets4.6%

Current assets to current liabilities

Current assets divided by current liabilities.

27.31× 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.29.50×22.12×14.75×7.37×0.00×2018-12-3120222025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019Current assets / current liabilities0.74×
2020Current assets / current liabilities2×
2021Current assets / current liabilities20.32×
2022Current assets / current liabilities17.38×
2023Current assets / current liabilities20.87×
2024Current assets / current liabilities19.47×
2025Current assets / current liabilities27.31×

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
2018 2018-01-01 – 2018-12-31
−USD 12.31 million
Exact value

Exact value: -12308494 USD

2018-01-01 – 2018-12-31: -12308494 USD Inspect Net Income Open source
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−USD 108.23 million
Exact value

Exact value: -108232036 USD

2018-01-01 – 2018-12-31: -108232036 USD Inspect Operating Cash Flow Open source
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USD 5.94 million
Exact value

Exact value: 5940856 USD

2018-01-01 – 2018-12-31: 5940856 USD Inspect Capital Expenditure Open source
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−USD 114.17 million
Calculation and evidence

-108232036 − 5940856 USD

Exact free cash flow: -114172892 USD

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2019 2019-01-01 – 2019-12-31
−USD 42.4 million
Exact value

Exact value: -42403369 USD

2019-01-01 – 2019-12-31: -42403369 USD Inspect Net Income Open source
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−USD 13.26 million
Exact value

Exact value: -13260198 USD

2019-01-01 – 2019-12-31: -13260198 USD Inspect Operating Cash Flow Open source
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USD 5.83 million
Exact value

Exact value: 5832609 USD

2019-01-01 – 2019-12-31: 5832609 USD Inspect Capital Expenditure Open source
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−USD 19.09 million
Calculation and evidence

-13260198 − 5832609 USD

Exact free cash flow: -19092807 USD

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2020 2020-01-01 – 2020-12-31
−USD 32.11 million
Exact value

Exact value: -32110924 USD

2020-01-01 – 2020-12-31: -32110924 USD Inspect Net Income Open source
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−USD 15.54 million
Exact value

Exact value: -15538942 USD

2020-01-01 – 2020-12-31: -15538942 USD Inspect Operating Cash Flow Open source
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USD 10.83 million
Exact value

Exact value: 10833436 USD

2020-01-01 – 2020-12-31: 10833436 USD Inspect Capital Expenditure Open source
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−USD 26.37 million
Calculation and evidence

-15538942 − 10833436 USD

Exact free cash flow: -26372378 USD

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2021 2021-01-01 – 2021-12-31
USD 4.43 million
Exact value

Exact value: 4430941 USD

2021-01-01 – 2021-12-31: 4430941 USD Inspect Net Income Open source
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−USD 15.85 million
Exact value

Exact value: -15849840 USD

2021-01-01 – 2021-12-31: -15849840 USD Inspect Operating Cash Flow Open source
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USD 6.15 million
Exact value

Exact value: 6153759 USD

2021-01-01 – 2021-12-31: 6153759 USD Inspect Capital Expenditure Open source
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−USD 22 million
Calculation and evidence

-15849840 − 6153759 USD

Exact free cash flow: -22003599 USD

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2022 2022-01-01 – 2022-12-31
−USD 43.89 million
Exact value

Exact value: -43888242 USD

2022-01-01 – 2022-12-31: -43888242 USD Inspect Net Income Open source
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USD 5.15 million
Exact value

Exact value: 5153336 USD

2022-01-01 – 2022-12-31: 5153336 USD Inspect Operating Cash Flow Open source
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USD 3.8 million
Exact value

Exact value: 3803943 USD

2022-01-01 – 2022-12-31: 3803943 USD Inspect Capital Expenditure Open source
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USD 1.35 million
Calculation and evidence

5153336 − 3803943 USD

Exact free cash flow: 1349393 USD

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2023 2023-01-01 – 2023-12-31
−USD 36.77 million
Exact value

Exact value: -36772143 USD

2023-01-01 – 2023-12-31: -36772143 USD Inspect Net Income Open source
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−USD 11.53 million
Exact value

Exact value: -11530117 USD

2023-01-01 – 2023-12-31: -11530117 USD Inspect Operating Cash Flow Open source
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USD 985,794
Exact value

Exact value: 985794 USD

2023-01-01 – 2023-12-31: 985794 USD Inspect Capital Expenditure Open source
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−USD 12.52 million
Calculation and evidence

-11530117 − 985794 USD

Exact free cash flow: -12515911 USD

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2024 2024-01-01 – 2024-12-31
−USD 20.25 million
Exact value

Exact value: -20251051 USD

2024-01-01 – 2024-12-31: -20251051 USD Inspect Net Income Open source
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−USD 17.61 million
Exact value

Exact value: -17613879 USD

2024-01-01 – 2024-12-31: -17613879 USD Inspect Operating Cash Flow Open source
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USD 223,106
Exact value

Exact value: 223106 USD

2024-01-01 – 2024-12-31: 223106 USD Inspect Capital Expenditure Open source
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−USD 17.84 million
Calculation and evidence

-17613879 − 223106 USD

Exact free cash flow: -17836985 USD

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2025 2025-01-01 – 2025-12-31
−USD 14.09 million
Exact value

Exact value: -14093529 USD

2025-01-01 – 2025-12-31: -14093529 USD Inspect Net Income Open source
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−USD 9.05 million
Exact value

Exact value: -9045139 USD

2025-01-01 – 2025-12-31: -9045139 USD Inspect Operating Cash Flow Open source
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USD 4.5 million
Exact value

Exact value: 4497134 USD

2025-01-01 – 2025-12-31: 4497134 USD Inspect Capital Expenditure Open source
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−USD 13.54 million
Calculation and evidence

-9045139 − 4497134 USD

Exact free cash flow: -13542273 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.

62 filings · 514 latest values · 514 originally reported values

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

Identifiers: 0001799290, 1799290, EBON, edgar:1799290

Also known as EBANG INTERNATIONAL HOLDINGS INC., Ebang International Holdings Inc.