ZW Data Action Technologies Inc.

Listed Company

CNETCIK 0001376321NasdaqNon-AcceleratedSmaller ReportingServices-Computer Programming, Data Processing, Etc.NevadaFY ends Dec 31

Period

FY 2025

Revenue

$4.61M

Net Income

$-1.77M

Total Assets

$9.68M

Equity

$4.34M

Shares Out

3.27M

Op. Cash Flow

$-930.0K

Business

ZW Data Action Technologies Inc. is a holding company that operates its businesses through Hong Kong and PRC subsidiaries and variable interest entities to provide internet advertising and technology services. It offers omni-channel advertising, precision marketing, data analysis management, influencer marketing and blockchain-enabled web and mobile applications, including SaaS offerings such as its BIF platform, BO!News and OMG loyalty/token apps. Its principal business segments are Internet advertising, precision marketing and related data services, and blockchain-based SaaS services. It markets and distributes services primarily to SMEs in China and increasingly to international clients via search-engine partnerships, portals, social media, influencer channels and mobile/web platforms.

Summary from filing dated 2025-04-15

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenues	5	15	31	26	47
Cost of revenues	4	15	31	26	47
Gross profit	353,000	446,000	−436,000	−194,000	98,000
Sales and marketing expenses	0	207,000	267,000	269,000	730,000
General and administrative expenses	2	4	4	8	13
Total operating expenses	2	4	6	11	14
Loss from operations	−2	−4	−6	−11	−14
Interest income	189,000	298,000	298,000	116,000	4,000
Impairment on long-term investment	0	−2,000	−430,000	600,000	—
Gain on disposal of subsidiaries	0	23,000	10,000	0	—
Other income/(expenses), net	−6,000	68,000	−24,000	−49,000	−216,000
Total other income	183,000	387,000	36,000	1	11
Loss before income tax benefit/(expense) and noncontrolling interests	−2	−3	−6	−10	−3
Income tax expenses	−1,000	−399,000	2,000	3,000	−177,000
Net loss	−2	−4	−6	−10	−3
Net income attributable to noncontrolling interests	1,000	8,000	0	0	−66,000
Net loss attributable to ZW Data Action Technologies Inc.	−2	−4	−6	−10	−3
Foreign currency translation income/(loss)	−209,000	133,000	72,000	118,000	−47,000
Comprehensive loss	−2	−4	−6	−10	−3
Comprehensive loss/(income) attributable to noncontrolling interests	0	10,000	0	0	−66,000
Comprehensive loss attributable to ZW Data Action Technologies Inc.	−2	−4	−6	−10	−3
Basic and diluted (in dollars per share)	−0.67	−1.86	−3.11	−1.37	−0.42
Basic and diluted (in shares)	3	2	2	7	7

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	970,000	812,000	817,000	4	7
Accounts receivable, net of allowance for doubtful accounts of $5,137 and $4,817 respectively	545,000	2	844,000	2	3
Prepayment and deposit to suppliers	5	5	5	5	8
Other current assets, net	830,000	2	3	2	2
Total current assets	8	9	9	12	20
Long-term investments	1	397,000	794,000	2	2
Operating lease right-of-use assets	50,000	0	20,000	2	2
Property and equipment, net	142,000	116,000	215,000	249,000	375,000
Intangible assets, net	515,000	0	841,000	3	8
Deposit for investment	300,000	0	—	—	—
Total Assets	10	10	11	20	33
Accounts payable	169,000	93,000	201,000	205,000	1
Advance from customers	522,000	489,000	843,000	739,000	1
Accrued payroll and other accruals	517,000	557,000	350,000	438,000	389,000
Taxes payable	3	3	3	3	4
Operating lease liabilities	49,000	0	24,000	347,000	202,000
Advance from investors	0	1	0	—	—
Other current liabilities	570,000	480,000	144,000	437,000	141,000
Total current liabilities	5	6	5	6	9
Deferred tax liability	78,000	0	—	—	—
Total Liabilities	5	6	5	7	11
Commitments and Contingencies	—	—	—	—	—
Common stock (US$0.001 par value; authorized 12,500,000 shares; issued and outstanding 3,268,429 shares and 2,301,205 shares at December 31, 2025 and 2024, respectively)	3,000	2,000	2,000	7,000	7,000
Common stock to be issued	420,000	0	—	—	—
Additional paid-in capital	65	63	62	62	62
Statutory reserves	3	3	3	3	3
Accumulated deficit	−65	−63	−60	−54	−44
Accumulated other comprehensive income	1	1	1	1	1
Total ZW Data Action Technologies Inc.s stockholders equity	4	4	6	12	22
Noncontrolling interests	60,000	60,000	0	0	0
Total equity	4	4	6	12	22
Total Liabilities and Equity	10	10	11	20	33

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	232,000	938,000	1	2	632,000
Amortization of operating lease right-of-use assets	46,000	22,000	364,000	341,000	207,000
Share-based compensation expenses	346,000	684,000	107,000	186,000	7
Loss on disposal of fixed assets	0	3,000	6,000	0	—
Provision for allowances for credit losses	693,000	846,000	1	2	—
Deferred taxes	−29,000	399,000	−2,000	−3,000	177,000
Other non-operating (income)/losses	−189,000	−397,000	−300,000	−113,000	524,000
Accounts receivable	852,000	−2	593,000	−276,000	−986,000
Prepayment and deposit to suppliers	−1	616,000	36,000	2	−2
Other current assets	1,000	−3,000	3,000	2,000	6,000
Accounts payable	74,000	−106,000	−1,000	−848,000	495,000
Advance from customers	23,000	−284,000	115,000	−420,000	−221,000
Accrued payroll and other accruals	−105,000	211,000	−80,000	60,000	−90,000
Other current liabilities	−65,000	492,000	−184,000	836,000	−355,000
Taxes payable	30,000	2,000	−4,000	−6,000	29,000
Operating lease liabilities	−45,000	−24,000	−343,000	−302,000	−116,000
Net cash used in operating activities	−930,000	−2	−2	−3	−9
Purchase of vehicles, furniture and office equipment	−65,000	−3,000	−81,000	0	−334,000
Purchase of intellectual property	−600,000	0	—	0	−1
Cash effect of deconsolidation of subsidiaries	0	−6,000	−3,000	0	−8,000
Investment and advances to ownership investee entities	0	−2,000	−64,000	0	−2
Net proceeds from disposal of long-term investments	0	147,000	426,000	0	—
Cash acquired during the period	0	9,000	0	—	—
Repayment of short-term loans and interest income from unrelated parties	1	901,000	168,000	2	1
Cash paid for acquisition of equity interests	−300,000	0	—	—	—
Deposit for other investing contracts	−300,000	−151,000	0	1	−2
Net cash provided by investing activities	−144,000	895,000	−2	552,000	−5
Advance from investors	0	1	0	—	—
Proceeds from PIPE transactions, net of $45 of direct offering costs paid by cash	1	0	—	—	—
Capital contribution from noncontrolling interest	0	70,000	0	—	—
Net cash provided by financing activities	1	1	0	0	17
Effect of exchange rate fluctuation on cash and cash equivalents	−2,000	13,000	−25,000	−145,000	70,000
Net (decrease)/increase in cash and cash equivalents	158,000	−5,000	−4	−3	3
Private placement completed during the period	1	0	—	—	—
Unpaid direct offering cost incurred during the period	63,000	0	—	—	—
Common stock to be issued for an investment transaction consummated during the period	420,000	0	—	—	—

Filings

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