earnings
confidence high
sentiment negative
materiality 0.60
EUBG Q3 revenue down 50% to $1.62M; net income falls 89% to $207,551
ENTREPRENEUR UNIVERSE BRIGHT GROUP
2022-Q3 EPS reported
$0.00
revenue$4,479,415
- Revenue $1.62M vs $3.25M YoY, down 50.1% on shift to KOL training and COVID-19 suspensions.
- Net income $207,551 vs $1.93M YoY, down 89.2%; gross margin 46.3% from 94.8%.
- Cost of revenue surged to $870,967 from $168,640 YoY due to agency fees and IT expenses.
- Cash and cash equivalents $7.72M as of Sep 30, 2021, up from $3.85M at Dec 31, 2020.
- Nine-month net income $1.30M vs $3.78M YoY, down 65.7%; revenue $4.48M vs $6.65M.