EUBG reports Q2 revenue $1.71M (+103% YoY), net income $690K

ENTREPRENEUR UNIVERSE BRIGHT GROUP

2023-Q2 EPS reported $0.00 revenue$2,882,878

Q2 2023 revenue $1.71M, up 102.9% YoY; net income $690K vs $266K.
H1 2023 revenue $2.88M (+40.6% YoY); net income $1.12M vs $657K.
Gross profit margin improved to 94% from 87% in Q2.
Cost of revenue decreased 4.2% in Q2; selling expenses down 36.5%.
Growth driven by consultation services for live streaming clients.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ENTREPRENEUR UNIVERSE BRIGHT GROUP reported the second quarter ended June 30, 2023 results: revenue $ 1,705,942, net income $ 690,447.

Period: the second quarter ended June 30, 2023
Revenue: $ 1,705,942
Net income: $ 690,447
Result: reported results

Exact text from the filing

Condensed Consolidated Statement of Operations for the Three Months Ended June 30, 2023 And 2022 Three Months Ended June 30, 2023 2022 $ % of Revenues $ % of Revenues Revenues $ 1,705,942 100 % $ 840,868 100 % Cost of revenues (108,581 ) (6 )% (113,332 ) (13 )% Gross profit 1,597,361 94 % 727,536 87 % Selling Expenses: (5,279 ) 0 % (8,319 ) (1 )% General and

View on SEC.gov

Browse all earnings releases →

ENTREPRENEUR UNIVERSE BRIGHT GROUP filing history →

Source: SEC EDGAR

accession 0001213900-23-066308

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.