---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-21-007989"
form_type: "8-K"
ticker: "CNET"
cik: "0001376321"
company_name: "ZW Data Action Technologies Inc."
filed_at: "2021-11-16T23:59:59+00:00"
generated_at: "2026-06-28T07:42:36.193284+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ZW Data Action reports Q3 net income $1.38M vs loss; blockchain/NFT platform launched

## Summary
- Q3 2021 revenue $11.90M, down 3.3% YoY; net income $1.38M ($0.04 EPS) vs net loss $1.33M ($0.06 loss) in Q3 2020.
- Nine-month revenue $34.85M, up 28.6% YoY; net loss narrowed to $1.59M from $4.61M.
- Operating loss widened to $11.67M for nine months vs $4.70M; G&A expenses rose 129% to $10.37M.
- Working capital improved to $11.84M from $4.86M; cash $8.73M vs $4.30M as of Dec 31, 2020.
- Launched blockchain infrastructure for NFT applications; authorized by JD.com as WanDianBao service provider.

## SEC filing metadata
- accession: 0001171843-21-007989
- form_type: 8-K
- ticker: CNET
- cik: 0001376321
- company_name: ZW Data Action Technologies Inc.
- filed_at: 2021-11-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376321/000117184321007989/0001171843-21-007989-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376321/000117184321007989/f8k_111221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-21-007989
- JSON: https://secwatch.observer/filing/0001171843-21-007989.json
- Plain text: https://secwatch.observer/filing/0001171843-21-007989.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.