Abits Group Inc

Abits Group IncABTSEarnings & Financial Report

Nasdaq · Information Technology · Finance Services

Universal ABIT Co., Ltd was a computer components manufacturer, based in Taiwan, active since the 1980s. Its core product line were motherboards aimed at the overclocker market. ABIT experienced serious financial problems in 2005. The brand name "ABIT" and other intangible properties, including patents and trademarks, were acquired by Universal Scientific Industrial Co., Ltd. (USI) in May 2006.

Revenue

$40.4K

Gross Profit

$25.0K

Operating Profit

$-136.5K

Net Profit

$-922.1K

Gross Margin

62.0%

Operating Margin

-337.7%

Net Margin

-2281.1%

YoY Growth

N/A

EPS

$-0.03

Financial Flow

Abits Group Inc Q2 2022 Financial Summary

Abits Group Inc reported revenue of $40.4K for Q2 2022, with a net profit of $-922.1K (-2281.1% margin). Cost of goods sold was $15.4K, operating expenses totaled $161.5K.

Key Financial Metrics

Total Revenue$40.4K
Net Profit$-922.1K
Gross Margin62.0%
Operating Margin-337.7%
Report PeriodQ2 2022

Abits Group Inc Quarterly Revenue & Net Profit History

Abits Group Inc results over the last 4 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q2 2025$3.7M+0.0%N/AN/A
Q2 2024$3.7M+50362.4%$-14.0K-0.4%
Q2 2023$7.3K-82.0%$-3.5M-48172.1%
Q2 2022$40.4K$-922.1K-2281.1%

Income Statement

Q2 2022Q2 2023Q2 2024Q2 2025
Revenue$40422$7272$3.7M$3.7M
YoY GrowthN/A-82.0%50362.4%0.0%

Balance Sheet

Q2 2022Q2 2023Q2 2024Q2 2025
Assets$45.4M$21.0M$12.2M$11.4M
Liabilities$120523$541356$920700$990346
Equity$45.2M$20.5M$11.3M$10.4M

Cash Flow

Q2 2022Q2 2023Q2 2024Q2 2025
Operating CF$-36.3M$-1.0M$-470234$1.2M