secwatch.observer — SEC 8-K summary
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Issuer:     ENTREPRENEUR UNIVERSE BRIGHT GROUP (EUBG)
CIK:        0001171326
Form:       8-K
Filed at:   2022-04-15T23:59:59+00:00
Accession:  0001213900-22-020166
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Entrepreneur Universe Bright Group FY2021 revenue down 39% to $5.6M; net income $1.1M vs $5.0M
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- Revenue of $5,637,396, down 38.6% from $9,187,023 in FY2020.
- Net income of $1,086,400, down 78% from $4,968,070 in FY2020.
- Gross profit of $3,810,314 vs $8,525,561; cost of revenue up to $1,827,082 from $661,462.
- Cash and cash equivalents increased to $7,649,129 from $3,846,470.
- Suspended certain consulting services Apr-Aug 2021 due to Delta variant; shifted to KOL Training.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171326/000121390022020166/0001213900-22-020166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171326/000121390022020166/ea158516-8k_entrepreneur.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-020166

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer