8-K
filed November 14, 2023, 6:59 PM ET
ticker EUBG
CIK 0001171326
earnings
confidence high
sentiment positive
materiality 0.50
EUBG Q3 revenue up 113.9% to $1.71M; net income $741K vs prior year loss
ENTREPRENEUR UNIVERSE BRIGHT GROUP
2023-Q3 EPS reported
$0.00
revenue$4,597,664
- Revenue $1,714,786 for Q3 2023, +113.9% YoY, driven by live streaming consultation services.
- Gross profit $1,600,746 (93.3% margin), +141.9% YoY; cost of revenue decreased 18.5%.
- Net income $741,170 in Q3 2023 vs net loss $31,999 in Q3 2022.
- Nine-month revenue $4,597,664 (+61.2% YoY); net income $1,863,074 vs $625,024.
- Cash and cash equivalents $8,706,694 as of Sep 30, 2023, up from $7,193,591.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
ENTREPRENEUR UNIVERSE BRIGHT GROUP reported third quarter ended September 30, 2023 results: revenue $1,714,786, net income $741,170.
- Period
- third quarter ended September 30, 2023
- Revenue
- $1,714,786
- Net income
- $741,170
- Result
- reported results
Exact text from the filing
“Over the course of the three months concluding on September 30, 2023, our company achieved noteworthy financial results. During this period, our total revenue amounted to $1,714,786, reflecting a remarkable growth rate of 113.9% when compared to the same period in the preceding year. This notable upturn in revenue can be primarily attributed to our highly
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
ENTREPRENEUR UNIVERSE BRIGHT GROUP reported nine months ended September 30, 2023 results: revenue $4,597,664, net income $1,863,074.
- Period
- nine months ended September 30, 2023
- Revenue
- $4,597,664
- Net income
- $1,863,074
- Result
- reported results
Exact text from the filing
Consolidated Statement of Operations for the Nine months ended September 30, 2023 and 2022 Nine months ended September 30, 2023 2022 $ % of Revenues $ % of Revenues Revenues $ 4,597,664 100 % $ 2,851,656 100 % Cost of revenues (337,175 ) (7 )% (565,820 ) (20 )% Gross profit 4,260,489 93 % 2,285,836 80 % Selling Expenses: (15,995 ) 0 % (34,957 ) (1 )% General and
View on SEC.gov
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