---
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"
generated_at: "2026-06-21T19:32:14.307115+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# EUBG reports Q3 revenue down 50.6% YoY; net loss of $31,999 vs net income of $207,551

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-072171
- JSON: https://secwatch.observer/filing/0001213900-22-072171.json
- Plain text: https://secwatch.observer/filing/0001213900-22-072171.txt

## Key facts
- Earnings Releases
  ENTREPRENEUR UNIVERSE BRIGHT GROUP reported the nine months ended September 30, 2022 results: revenue $2,851,656, net income $625,024.
  - Period: the nine months ended September 30, 2022
  - Revenue: $2,851,656
  - Net income: $625,024
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1171326/000121390022072171/0001213900-22-072171-index.htm
- Earnings Releases
  ENTREPRENEUR UNIVERSE BRIGHT GROUP reported the third quarter ended September 30, 2022 results: revenue $801,784, net income $31,999.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $801,784
  - Net income: $31,999
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1171326/000121390022072171/0001213900-22-072171-index.htm

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