secwatch.observer — SEC 8-K summary
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Issuer:     ENTREPRENEUR UNIVERSE BRIGHT GROUP (EUBG)
CIK:        0001171326
Form:       8-K
Filed at:   2023-08-11T23:59:59+00:00
Accession:  0001213900-23-066308
Event type: earnings
Sentiment:  positive
Materiality: 0.50
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171326/000121390023066308/0001213900-23-066308-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171326/000121390023066308/ea183374-8k_entrepre.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-066308

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