secwatch.observer — SEC 8-K summary
======================================

Issuer:     ENTREPRENEUR UNIVERSE BRIGHT GROUP (EUBG)
CIK:        0001171326
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001213900-23-086451
Event type: earnings
Sentiment:  positive
Materiality: 0.50
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EUBG Q3 revenue up 113.9% to $1.71M; net income $741K vs prior year loss
------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171326/000121390023086451/0001213900-23-086451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171326/000121390023086451/ea188268-8k_entrepre.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-086451

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