NASDAQ : EBON
Ebang International Holdings Inc. — Financial statements
Technology · Computer Hardware · China
Last price 1.96 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 12.83M
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Financial statements
Ebang International Holdings Inc. (EBON) reported revenue of 6.88M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 6.88M | 6.54M | 5.87M | 4.86M | 32.33M | 51.45M |
| Cost of Revenue | 5.11M | 6.14M | 4.68M | 21.56M | 16.92M | 22.23M |
| Gross Profit | 1.77M | 394.85K | 1.19M | -16.70M | 15.41M | 29.22M |
| Selling, General & Admin | 24.01M | 23.27M | 31.56M | 30.94M | 42.67M | 27.19M |
| Operating Expenses | 24.01M | 23.27M | 31.56M | 30.94M | 42.67M | 27.19M |
| Operating Income | -22.24M | -22.88M | -30.37M | -47.64M | -27.26M | 2.03M |
| Interest Expense | -4.38K | |||||
| Interest & Investment Income | 7.44M | 8.51M | 11.75M | 12.30M | 4.36M | 1.78M |
| Currency Exchange Gain (Loss) | 2.12M | 3.08M | -2.17M | 456.65K | -2.16M | 1.78M |
| Other Non Operating Income (Expenses) | -294.57K | -270.48K | -120.62K | 1.82M | 466.06K | 459.75K |
| EBT Excluding Unusual Items | -12.98M | -11.55M | -20.91M | -33.06M | -24.59M | 6.05M |
| Impairment of Goodwill | -1.33M | -1.33M | -2.30M | |||
| Gain (Loss) on Sale of Investments | -101.67K | -508.15K | -509.50K | -3.66M | ||
| Gain (Loss) on Sale of Assets | 7.52K | 5.94K | ||||
| Asset Writedown | -1.10M | -1.10M | -3.71M | -20.74M | ||
| Pretax Income | -15.50M | -14.49M | -20.91M | -39.07M | -45.83M | 2.39M |
| Income Tax Expense | -290.76K | -320.98K | -42.55K | -1.03M | -72.93K | -378.84K |
| Earnings From Continuing Operations | -15.21M | -14.17M | -20.87M | -38.03M | -45.76M | 2.77M |
| Minority Interest in Earnings | 2.73M | 71.67K | 615.12K | 1.26M | 1.87M | 1.66M |
| Net Income | -12.48M | -14.09M | -20.25M | -36.77M | -43.89M | 4.43M |
| Net Income to Common | -12.48M | -14.09M | -20.25M | -36.77M | -43.89M | 4.43M |
| Shares Outstanding (Basic) | 6.28M | 6.28M | 6.28M | 6.28M | 6.25M | 5.92M |
| Shares Outstanding (Diluted) | 6.28M | 6.28M | 6.28M | 6.28M | 6.25M | 5.93M |
| EPS (Basic) | -1.99 | -2.24 | -3.22 | -5.86 | -7.03 | 0.75 |
| EPS (Diluted) | -1.99 | -2.24 | -3.22 | -5.86 | -7.03 | 0.75 |
| Free Cash Flow | -13.54M | -22.55M | -12.64M | 492.84K | -22.00M | |
| Free Cash Flow Per Share | -2.16 | -3.59 | -2.01 | 0.08 | -3.71 | |
| Gross Margin | 25.74% | 6.04% | 20.27% | 47.67% | 56.80% | |
| Operating Margin | -323.32% | -349.94% | -517.53% | -981.20% | -84.31% | 3.95% |
| Profit Margin | -181.47% | -215.60% | -345.06% | -757.38% | -135.76% | 8.61% |
| Free Cash Flow Margin | -207.16% | -384.29% | -260.32% | 1.52% | -42.77% | |
| EBITDA | -19.71M | -20.32M | -27.77M | -44.12M | -16.54M | 8.29M |
| EBITDA Margin | -286.53% | -51.18% | 16.11% | |||
| D&A For EBITDA | 2.53M | 2.55M | 2.60M | 3.52M | 10.71M | 6.26M |
| EBIT | -22.24M | -22.88M | -30.37M | -47.64M | -27.26M | 2.03M |
| EBIT Margin | -84.31% | 3.95% | ||||
| Revenue as Reported | 6.88M | 6.54M | 5.87M | 4.86M | 32.33M | 51.45M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 179.80M | 200.19M | 213.82M | 241.63M | 251.29M | 239.87M |
| Short-Term Investments | 16.90M | 6.17M | 4.91M | 496.12K | 5.84M | 35.44M |
| Cash & Short-Term Investments | 196.70M | 206.36M | 218.73M | 242.13M | 257.13M | 275.32M |
| Accounts Receivable | 917.48K | 1.10M | 1.59M | 946.51K | 3.33M | 9.87M |
| Other Receivables | 91.11K | 87.50K | 3.20M | |||
| Receivables | 1.01M | 1.19M | 4.79M | 946.51K | 3.33M | 9.87M |
| Inventory | 3.83M | 3.64M | 597.12K | 198.85K | 440.06K | 7.14M |
| Prepaid Expenses | 459.24K | |||||
| Restricted Cash | 43.24K | 31.16K | 580.02K | 88.61K | 29.04K | 171.16K |
| Other Current Assets | 4.91M | 4.97M | 6.07M | 6.19M | 8.17M | 6.34M |
| Total Current Assets | 206.95M | 216.19M | 230.77M | 249.56M | 269.11M | 298.83M |
| Property, Plant & Equipment | 30.94M | 33.48M | 33.30M | 39.30M | 42.41M | 36.60M |
| Goodwill | 1.28M | 2.30M | ||||
| Other Intangible Assets | 3.24M | 2.20M | 3.34M | 2.33M | 6.89M | 22.51M |
| Other Long-Term Assets | 6.77M | 4.90M | 7.12M | 7.05M | 23.46M | 27.92M |
| Total Assets | 247.90M | 256.77M | 275.80M | 298.24M | 344.17M | 385.86M |
| Accounts Payable | 375.24K | 436.12K | 286.10K | 292.57K | 1.46M | 3.39M |
| Accrued Expenses | 6.35M | 3.73M | 4.00M | 4.03M | 2.95M | 4.03M |
| Current Portion of Leases | 429.74K | 1.28M | 1.14M | 1.79M | 1.50M | 1.45M |
| Current Income Taxes Payable | 32.62K | |||||
| Current Unearned Revenue | 40.52K | 14.81K | 55.40K | 69.36K | 1.01M | 894.17K |
| Other Current Liabilities | 2.46M | 6.37M | 5.78M | 8.57M | 4.95M | |
| Total Current Liabilities | 7.22M | 7.91M | 11.85M | 11.96M | 15.49M | 14.71M |
| Long-Term Leases | 779.91K | 3.45M | 2.89M | 4.88M | 5.76M | 2.00M |
| Long-Term Deferred Tax Liabilities | 3.49K | 3.38K | 326.45K | 74.22K | 1.13M | 178.58K |
| Other Long-Term Liabilities | 368.09K | 357.40K | 376.84K | |||
| Total Liabilities | 8.37M | 11.73M | 15.44M | 16.92M | 22.38M | 16.88M |
| Common Stock | 24.16K | 24.16K | 24.16K | 24.16K | 24.06K | 23.83K |
| Additional Paid-In Capital | 396.09M | 396.09M | 396.45M | 397.47M | 397.62M | 393.72M |
| Retained Earnings | -141.01M | -138.11M | -124.01M | -103.76M | -66.99M | -23.10M |
| Comprehensive Income & Other | -13.81M | -13.78M | -12.87M | -13.89M | -11.72M | -6.90M |
| Total Common Equity | 241.30M | 244.23M | 259.59M | 279.84M | 318.93M | 363.74M |
| Minority Interest | -1.78M | 809.01K | 767.61K | 1.48M | 2.86M | 5.24M |
| Shareholders' Equity | 239.52M | 245.04M | 260.36M | 281.32M | 321.79M | 368.98M |
| Total Liabilities & Equity | 247.90M | 256.77M | 275.80M | 298.24M | 344.17M | 385.86M |
| Total Debt | 1.21M | 4.73M | 4.03M | 6.68M | 7.26M | 3.45M |
| Net Cash (Debt) | 195.49M | 201.63M | 214.70M | 235.45M | 249.87M | 271.87M |
| Net Cash Per Share | 31.13 | 32.10 | 34.18 | 37.52 | 40.00 | 45.85 |
| Filing Date Shares Outstanding | 6.54M | 6.54M | 6.54M | 6.28M | 6.54M | 6.25M |
| Total Common Shares Outstanding | 6.54M | 6.54M | 6.54M | 6.28M | 6.26M | 6.19M |
| Working Capital | 199.73M | 208.27M | 218.91M | 237.60M | 253.62M | 284.13M |
| Book Value Per Share | 36.87 | 37.32 | 39.67 | 44.56 | 50.99 | 58.72 |
| Tangible Book Value | 238.06M | 242.03M | 254.98M | 277.51M | 309.74M | 341.23M |
| Tangible Book Value Per Share | 36.38 | 36.99 | 38.96 | 44.19 | 49.52 | 55.09 |
| Land | 4.11M | |||||
| Buildings | 29.65M | 31.48M | 32.49M | 33.22M | 4.03M | |
| Machinery | 9.94M | 24.82M | 25.15M | 25.14M | 27.76M | |
| Construction In Progress | 23.68K | 23.68K | 785.43K | 28.87M | ||
| Leasehold Improvements | 1.70M | 2.25M | 2.34M | 1.52M | 1.20M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -14.09M | -20.25M | -36.77M | -43.89M | 4.43M | |
| Depreciation & Amortization | 2.55M | 2.60M | 3.52M | 10.71M | 6.26M | |
| Loss (Gain) From Sale of Assets | 103.94K | 3.69K | 671.33K | 541.40K | 9.24K | |
| Asset Writedown & Restructuring Costs | 4.82M | 22.75M | 25.21M | 3.11M | ||
| Loss (Gain) From Sale of Investments | 508.15K | -382.90K | -357.00K | 509.50K | 3.66M | |
| Stock-Based Compensation | -363.95K | -1.01M | -153.03K | 3.90M | 707.00K | |
| Provision & Write-off of Bad Debts | 296.99K | -1.05M | 975.11K | 3.80M | -310.01K | |
| Other Operating Activities | -2.39M | 3.62M | 932.92K | 8.41M | -2.99M | |
| Change in Accounts Receivable | 260.01K | 49.13K | 2.61M | 2.88M | 333.89K | |
| Change in Inventory | -3.15M | -170.63K | 106.92K | 492.41K | -6.21M | |
| Change in Accounts Payable | 144.40K | -112.41K | -1.13M | -1.79M | 559.82K | |
| Change in Unearned Revenue | -41.50K | -11.98K | -916.45K | 163.88K | 51.79K | |
| Change in Income Taxes | 705.00 | |||||
| Change in Other Net Operating Assets | 2.31M | -895.35K | -3.77M | -5.80M | -25.46M | |
| Operating Cash Flow | -9.05M | -17.61M | -11.53M | 5.15M | -15.85M | |
| Capital Expenditures | -4.50M | -4.94M | -1.11M | -4.66M | -6.15M | |
| Sale of Property, Plant & Equipment | 184.72K | 15.25K | ||||
| Cash Acquisitions | -317.39K | -5.86M | ||||
| Divestitures | 7.52K | -11.49K | ||||
| Sale (Purchase) of Intangibles | -10.26M | -2.37M | ||||
| Investment in Securities | -1.05M | -4.65M | 5.69M | 26.55M | 2.01M | |
| Other Investing Activities | -1.96M | |||||
| Investing Cash Flow | -5.37M | -9.89M | 2.63M | 5.75M | -6.51M | |
| Short-Term Debt Repaid | -6.44M | |||||
| Total Debt Repaid | -6.44M | |||||
| Net Debt Issued (Repaid) | -6.44M | |||||
| Issuance of Common Stock | 254.73M | |||||
| Financing Cash Flow | 248.28M | |||||
| Foreign Exchange Rate Adjustments | 427.04K | -410.17K | -407.06K | 394.34K | 879.54K | |
| Net Cash Flow | -13.98M | -27.92M | -9.31M | 11.30M | 226.80M | |
| Free Cash Flow | -13.54M | -22.55M | -12.64M | 492.84K | -22.00M | |
| Free Cash Flow Margin | -207.16% | -384.29% | -260.32% | 1.52% | -42.77% | |
| Free Cash Flow Per Share | -2.16 | -3.59 | -2.01 | 0.08 | -3.71 | |
| Levered Free Cash Flow | -18.47M | -26.40M | -26.79M | -5.07M | -29.26M | |
| Unlevered Free Cash Flow | -18.47M | -26.40M | -26.79M | -5.07M | -29.26M | |
| Cash Interest Paid | 4.38K | |||||
| Cash Income Tax Paid | 7.67K | 928.00 | ||||
| Change in Working Capital | -475.95K | -1.14M | -3.10M | -4.05M | -30.72M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 12.37M | 20.02M | 35.93M | 96.09M | 18.27M | 191.41M |
| Enterprise Value | -183.12M | -190.98M | -192.76M | -145.85M | -238.78M | -85.60M |
| Last Close Price | 1.89 | 3.06 | 5.72 | 15.30 | 2.91 | 30.90 |
| PE Ratio | 43.20 | |||||
| PS Ratio | 1.80 | 3.06 | 6.12 | 19.79 | 0.56 | 3.72 |
| PB Ratio | 0.05 | 0.08 | 0.14 | 0.34 | 0.06 | 0.52 |
| P/TBV Ratio | 0.05 | 0.08 | 0.14 | 0.35 | 0.06 | 0.56 |
| P/FCF Ratio | 37.08 | |||||
| P/OCF Ratio | 3.55 | |||||
| Debt / Equity Ratio | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 |
| Debt / EBITDA Ratio | 0.36 | |||||
| Debt / FCF Ratio | 14.72 | |||||
| Net Debt / Equity Ratio | -0.82 | -0.82 | -0.82 | -0.84 | -0.78 | -0.74 |
| Net Debt / EBITDA Ratio | 9.92 | 9.92 | 7.73 | 5.34 | 15.10 | -32.80 |
| Net Debt / FCF Ratio | 14.89 | 9.52 | 18.63 | -507.00 | 12.36 | |
| Asset Turnover | 0.03 | 0.03 | 0.02 | 0.01 | 0.09 | 0.19 |
| Inventory Turnover | 2.15 | 2.90 | 11.76 | 67.49 | 4.46 | 4.05 |
| Quick Ratio | 27.37 | 26.22 | 18.86 | 20.32 | 16.82 | 19.39 |
| Current Ratio | 28.65 | 27.31 | 19.47 | 20.87 | 17.38 | 20.32 |
| Return on Equity (ROE) | -6.16% | -5.61% | -7.70% | -12.61% | -13.25% | 1.16% |
| Return on Assets (ROA) | -5.39% | -5.37% | -6.61% | -9.27% | -4.67% | 0.48% |
| Return on Invested Capital (ROIC) | -50.51% | -51.36% | -66.37% | -80.89% | -32.25% | 2.64% |
| Return on Capital Employed (ROCE) | -9.20% | -9.20% | -11.50% | -16.60% | -8.30% | 0.50% |
| Earnings Yield | -105.16% | -70.38% | -56.37% | -38.27% | -240.19% | 2.31% |
| FCF Yield | -109.49% | -67.63% | -62.78% | -13.15% | 2.70% | -11.50% |
| Buyback Yield / Dilution | -0.09% | -0.45% | -5.37% | -45.86% |