Abits Group IncABTSEarnings & Financial Report
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
$3.7M
Gross Profit
$989.0K
Operating Profit
$747.9K
Net Profit
$-14.0K
Gross Margin
27.0%
Operating Margin
20.4%
Net Margin
-0.4%
YoY Growth
50362.4%
EPS
$-0.00
Financial Flow
Abits Group Inc Q2 2024 Financial Summary
Abits Group Inc reported revenue of $3.7M (up 50362.4% YoY) for Q2 2024, with a net profit of $-14.0K (up 99.6% YoY) (-0.4% margin). Cost of goods sold was $2.7M, operating expenses totaled $241.1K.
Key Financial Metrics
| Total Revenue | $3.7M |
|---|---|
| Net Profit | $-14.0K |
| Gross Margin | 27.0% |
| Operating Margin | 20.4% |
| Report Period | Q2 2024 |
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.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 2025 | $3.7M | +0.0% | N/A | N/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 2022 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|
| Revenue | $40422 | $7272 | $3.7M | $3.7M |
| YoY Growth | N/A | -82.0% | 50362.4% | 0.0% |
Balance Sheet
| Q2 2022 | Q2 2023 | Q2 2024 | Q2 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 2022 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|
| Operating CF | $-36.3M | $-1.0M | $-470234 | $1.2M |