{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-072171","form_type":"8-K","ticker":"EUBG","cik":"0001171326","company_name":"ENTREPRENEUR UNIVERSE BRIGHT GROUP","filed_at":"2022-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.808322+00:00","generated_at":"2026-06-21T19:32:14.307115+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"EUBG reports Q3 revenue down 50.6% YoY; net loss of $31,999 vs net income of $207,551","bullets":["Q3 revenue $801,784, down 50.6% from $1,622,471; gross profit $661,775, down 11.9%.","Net loss of $31,999 in Q3 vs net income $207,551 in prior-year quarter.","Nine-month revenue $2,851,656 (-36.3%); net income $625,024 (-51.8% vs $1,296,228).","COVID-19 disruptions in China continue to adversely affect consultancy services and customer demand.","New digital training and live streaming client revenue only partly offset the decline; Jade Bird services remain suspended."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-072171","json":"https://secwatch.observer/filing/0001213900-22-072171.json","markdown":"https://secwatch.observer/filing/0001213900-22-072171.md","text":"https://secwatch.observer/filing/0001213900-22-072171.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1171326/000121390022072171/0001213900-22-072171-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1171326/000121390022072171/ea168582-8k_entrepreneur.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T19:32:14.307115+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"78e366d64f0dd5f33c8ec9714c2bd3c2d50c1eaa","claim":"ENTREPRENEUR UNIVERSE BRIGHT GROUP reported the nine months ended September 30, 2022 results: revenue $2,851,656, net income $625,024.","evidence_excerpt":"Revenue decreased by 36.3% to $2,851,656 due to the decrease in our consultancy services income ● Gross profit decreased by 28.3% to $2,285,836 ● Net income decreased by $671,204 to $625,024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1171326/000121390022072171/0001213900-22-072171-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2022"},{"label":"Revenue","value":"$2,851,656"},{"label":"Net income","value":"$625,024"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c6005a31cec65ffc85b1c3df6cd779b59da377be","claim":"ENTREPRENEUR UNIVERSE BRIGHT GROUP reported the third quarter ended September 30, 2022 results: revenue $801,784, net income $31,999.","evidence_excerpt":"Revenue decreased by 50.6% to $801,784 due to the decrease our consultancy services and sourcing and marketing services income ● Gross profit decreased by 11.9% to $661,775 ● Net income decreased by $239,550 to a net loss of $31,999","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1171326/000121390022072171/0001213900-22-072171-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$801,784"},{"label":"Net income","value":"$31,999"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}