Overview
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- TickerEBON on Nasdaq2
- IndustrySecurity & Commodity Brokers, Dealers, Exchanges & Services2
- HeadquartersHangzhou, China2
- Incorporated inCayman Islands4
- Business address2525 Blacksburg Road, Grover, Nc 280734
- Filer categoryNon-accelerated filer4
- Legal formcompany limited by shares2
- LEI5493003ALD4F1DLNRZ682
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressPO Box 2681, KY1-1111 George Town, Cayman Islands2
- Registered withGeneral Registry, CT-3370272
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May 17, 2018, we incorporated Ebang International, our holding company, as an exempted company with limited liability in the Cayman Islands.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Service Revenue Crossborder Payment And Foreign Exchange Services brought in 31% of the revenue Ebang International Holdings Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Service Revenue Crossborder Payment And Foreign Exchange Services | $2.6M | $2.3M | $2.0M |
| Service Revenue Rental Services | $718.1K | $1.2M | |
| Service Revenue Saa SData Visualization And Analytic Solution | $183.1K | $1.1M | |
| Service Revenue Cryptocurrency Exchange Services | $1.0M | $1.3M | $1.1M |
| Product Revenue Solar And Battery Storage Solution Products And Related Accessories | $570.8K | $564.6K | |
| Others | $391.6K | $297.4K | $290.6K |
| Product Revenue Telecommunication Equipment | $516.4K | $501.1K | $228.4K |
Regions
Australia brought in 76% of the revenue Ebang International Holdings Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| Australia | $3.7M | $4.4M | $5.0M |
| China | $1.2M | $1.5M | $1.6M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue58¢$6.1M
- Research and development39¢$4.1M
- Income tax3¢$321.0K
Out of $6.5M in revenue.3 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total revenues | $6.5M | $5.9M | $4.9M |
| Cost of revenues | $6.1M | $4.7M | $21.6M |
| Gross profit (loss) | $394.8K | $1.2M | -$16.7M |
| Selling expenses | $536.6K | $1.1M | $1.9M |
| General and administrative expenses | $22.7M | $30.5M | $29.0M |
| Impairment of intangible assets | $1.1M | $3.7M | |
| Impairment of goodwill | $1.3M | $2.3M | |
| Total operating expenses | $25.7M | $31.6M | $36.9M |
| Gain on disposal of subsidiaries | $7.5K | ||
| Loss from operations | -$25.3M | -$30.4M | -$53.6M |
| Interest income | $8.5M | $11.4M | $11.9M |
| Other income | $167.8K | $328.4K | $1.1M |
| (Loss) gain from investment | -$508.2K | $382.9K | $357.0K |
| Net (loss) gain on disposal of cryptocurrencies | -$375.0K | $744.8K | |
| Exchange gain (loss) | $3.1M | -$2.2M | $456.6K |
| Government grants | $39.1K | $52.2K | $62.6K |
| Other expenses | -$477.4K | -$126.2K | -$119.5K |
| Total other income | $10.8M | $9.5M | $14.6M |
| Loss before income taxes benefit | -$14.5M | -$20.9M | -$39.1M |
| Income taxes benefit | -$321.0K | -$42.5K | -$1.0M |
| Net loss | -$14.2M | -$20.9M | -$38.0M |
| Less: net loss attributable to non-controlling interest | -$71.7K | -$615.1K | -$1.3M |
| Net loss attributable to Ebang International Holdings Inc. | -$14.1M | -$20.3M | -$36.8M |
| Foreign currency translation adjustment | -$790.4K | $917.3K | -$2.3M |
| Total comprehensive loss | -$15.0M | -$19.9M | -$40.3M |
| Less: comprehensive income (loss) attributable to non-controlling interest | $41.4K | -$710.9K | -$1.4M |
| Comprehensive loss attributable to Ebang International Holdings Inc. | -$15.0M | -$19.2M | -$38.9M |
| Basic (in Dollars per share) | -$2.24 | -$3.22 | -$5.86 |
| Dilute (in Dollars per share) | -$2.24 | -$3.22 | -$5.86 |
| Basic (in Shares) | 6.3M shares | 6.3M shares | 6.3M shares |
| Diluted (in Shares) | 6.3M shares | 6.3M shares | 6.3M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2024-10-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $200.2M | $213.8M | $241.6M | ||
| Restricted cash, current | $31.2K | $580.0K | $88.6K | ||
| Short-term investments | $6.2M | $4.9M | |||
| Accounts receivable, net | $1.1M | $1.6M | |||
| Advances to suppliers | $477.7K | $70.3K | |||
| Inventories, net | $3.6M | $597.1K | |||
| Prepayments | $729.7K | $322.4K | |||
| VAT recoverable, current | $87.5K | $3.2M | |||
| Other current assets, net (include $126,920 and nil due from a related party as of December 31, 2025 and 2024, respectively) | $3.8M | $5.7M | |||
| Total current assets | $216.2M | $230.8M | |||
| Property, plant and equipment, net | $29.8M | $29.9M | |||
| Intangible assets, net | $2.2M | $3.3M | |||
| Operating lease right-of-use assets | $3.6M | $3.3M | |||
| Operating lease right-of-use assets - related party | $69.5K | $40.1K | |||
| Restricted cash, non-current | $796.8K | $602.2K | |||
| Goodwill | $1.3M | $1.4M | |||
| VAT recoverable, non-current | $1.5M | $766.6K | |||
| Other assets | $2.6M | $5.8M | |||
| Total non-current assets | $40.6M | $45.0M | |||
| Total assets | $256.8M | $275.8M | |||
| Accounts payable | $436.1K | $286.1K | |||
| Accrued liabilities and other payables (include $126,920 and nil due to a related party as of December 31, 2025 and 2024, respectively) | $6.3M | $10.4M | |||
| Operating lease liabilities, current | $1.1M | $1.1M | |||
| Operating lease liabilities - related parties, current | $48.3K | $30.0K | |||
| Advances from customers | $14.8K | $55.4K | $69.4K | ||
| Total current liabilities | $7.9M | $11.9M | |||
| Operating lease liabilities, non-current | $3.4M | $2.9M | |||
| Operating lease liabilities related party, non-current | $21.2K | $10.1K | |||
| Other non-current liability | $357.4K | $376.8K | |||
| Deferred tax liabilities | $3.4K | $326.5K | |||
| Total non-current liabilities | $3.8M | $3.6M | |||
| Total liabilities | $11.7M | $15.4M | |||
| Additional paid-in capital | $396.1M | $396.5M | |||
| Statutory reserves | $11.1M | $11.1M | |||
| Accumulated deficit | -$149.2M | -$135.1M | |||
| Accumulated other comprehensive loss | -$13.8M | -$12.9M | |||
| Total Ebang International Holdings Inc. shareholders equity | $244.2M | $259.6M | |||
| Non-controlling interest | $809.0K | $767.6K | |||
| Total equity | $245.0M | $260.4M | $281.3M | $321.8M | |
| Total liabilities and equity | $256.8M | $275.8M |
| Period ending | 2025-12-31 | 2024-12-31 | 2024-10-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $200.2M | $213.8M | $241.6M | ||
| Restricted cash, current | $31.2K | $580.0K | $88.6K | ||
| Short-term investments | $6.2M | $4.9M | |||
| Accounts receivable, net | $1.1M | $1.6M | |||
| Advances to suppliers | $477.7K | $70.3K | |||
| Inventories, net | $3.6M | $597.1K | |||
| Prepayments | $729.7K | $322.4K | |||
| VAT recoverable, current | $87.5K | $3.2M | |||
| Other current assets, net (include $126,920 and nil due from a related party as of December 31, 2025 and 2024, respectively) | $3.8M | $5.7M | |||
| Total current assets | $216.2M | $230.8M | |||
| Property, plant and equipment, net | $29.8M | $29.9M | |||
| Intangible assets, net | $2.2M | $3.3M | |||
| Operating lease right-of-use assets | $3.6M | $3.3M | |||
| Operating lease right-of-use assets - related party | $69.5K | $40.1K | |||
| Restricted cash, non-current | $796.8K | $602.2K | |||
| Goodwill | $1.3M | $1.4M | |||
| VAT recoverable, non-current | $1.5M | $766.6K | |||
| Other assets | $2.6M | $5.8M | |||
| Total non-current assets | $40.6M | $45.0M | |||
| Total assets | $256.8M | $275.8M | |||
| Accounts payable | $436.1K | $286.1K | |||
| Accrued liabilities and other payables (include $126,920 and nil due to a related party as of December 31, 2025 and 2024, respectively) | $6.3M | $10.4M | |||
| Operating lease liabilities, current | $1.1M | $1.1M | |||
| Operating lease liabilities - related parties, current | $48.3K | $30.0K | |||
| Advances from customers | $14.8K | $55.4K | $69.4K | ||
| Total current liabilities | $7.9M | $11.9M | |||
| Operating lease liabilities, non-current | $3.4M | $2.9M | |||
| Operating lease liabilities related party, non-current | $21.2K | $10.1K | |||
| Other non-current liability | $357.4K | $376.8K | |||
| Deferred tax liabilities | $3.4K | $326.5K | |||
| Total non-current liabilities | $3.8M | $3.6M | |||
| Total liabilities | $11.7M | $15.4M | |||
| Additional paid-in capital | $396.1M | $396.5M | |||
| Statutory reserves | $11.1M | $11.1M | |||
| Accumulated deficit | -$149.2M | -$135.1M | |||
| Accumulated other comprehensive loss | -$13.8M | -$12.9M | |||
| Total Ebang International Holdings Inc. shareholders equity | $244.2M | $259.6M | |||
| Non-controlling interest | $809.0K | $767.6K | |||
| Total equity | $245.0M | $260.4M | $281.3M | $321.8M | |
| Total liabilities and equity | $256.8M | $275.8M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$14.2M | -$20.9M | -$38.0M |
| Depreciation and amortization expenses | $2.6M | $2.6M | $3.5M |
| Net provision for (reversal of) credit losses | $297.0K | -$1.1M | $975.1K |
| Reversal of share-based compensation expenses | -$363.9K | -$1.0M | -$153.0K |
| Loss on disposal of property, plant and equipment | $103.9K | $3.7K | $478.8K |
| Loss on disposal of intangible assets | $200.0K | ||
| Inventory write-down | $49.5K | $272.3K | $340.2K |
| Loss (gain) on short-term investment | $508.2K | -$382.9K | -$357.0K |
| Impairment of goodwill | $1.3M | $2.3M | |
| Deferred income taxes | -$321.0K | -$42.5K | -$1.0M |
| Impairment of property, plant and equipment | $57.1K | ||
| Impairment of intangible assets | $1.1M | $3.7M | |
| Impairment of VAT recoverable | $2.4M | $16.7M | |
| Loss from cybersecurity event | $2.3M | ||
| Noncash lease expenses | $1.0M | $1.4M | $1.8M |
| (Gain) loss from modification of lease contract | -$17.4K | $15.3K | |
| (Gain) loss on foreign currency transactions | -$3.1M | $2.2M | -$456.6K |
| Loss (gain) on disposal of cryptocurrencies | $375.0K | -$744.8K | |
| Gain on disposal of subsidiaries | -$7.5K | ||
| Accounts receivable, net | $260.0K | $49.1K | $2.6M |
| Inventories, net | -$2.8M | -$191.0K | -$122.3K |
| Advances to suppliers | -$395.4K | $20.4K | $229.2K |
| VAT recoverable | $125.2K | -$33.8K | -$133.8K |
| Prepayments and other current assets, net | $4.0M | $1.7M | $957.0K |
| Other assets | $221.2K | $474.6K | -$323.3K |
| Accounts payable | $144.4K | -$112.4K | -$1.1M |
| Other non-current liability | -$34.8K | $382.7K | |
| Advances from customers | -$41.5K | -$12.0K | -$916.5K |
| Accrued liabilities and other payables | -$2.0M | -$3.4M | -$4.3M |
| NET CASH USED IN OPERATING ACTIVITIES | -$9.0M | -$17.6M | -$11.5M |
| Purchases of property, plant and equipment | -$4.5M | -$223.1K | -$985.8K |
| Proceeds from disposal of property, plant and equipment | $184.7K | $15.3K | |
| Cash paid for short-term investments | -$17.1M | -$36.3M | |
| Collections from short-term investments | $16.1M | $31.6M | $5.7M |
| Purchase of cryptocurrencies | -$9.2M | ||
| Proceeds from disposal of cryptocurrencies | $7.2M | ||
| Prepayment for property, plant and equipment | -$4.7M | -$123.0K | |
| Payments for business combination, net of cash acquired | -$317.4K | ||
| Cash from disposal of subsidiaries, net of cash disposed of | $7.5K | ||
| NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES | -$5.4M | -$9.9M | $2.6M |
| EFFECT OF FOREIGN EXCHANGE ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH | $427.0K | -$410.2K | -$407.1K |
| NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | -$14.0M | -$27.9M | -$9.3M |
| Liabilities assumed in connection with purchase of property, plant and equipment | $2.1K | $34.6K | |
| Reduction of PPE cost and AP due to contract settlement | $3.2T | ||
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | $1.1M | $273.2K | $1.8M |
| Remeasurement of the lease liabilities and right-of-use assets due to lease modification | $136.9K | $1.4M | $320.9K |
| Issuance of vested restricted share awards | $98 |
No quarter-by-quarter statement was filed.
Compare Ebang International Holdings Inc. with another company
Corporate structure
Ebang International Holdings Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Ebang International Holdings Inc.
- CVI Investments, Inc. Filed SCHEDULE 13G/A on Ebang International Holdings Inc., latest May 15, 2026 (4 filings since Feb 14, 2022)
- Dong Hu Filed SC 13D on Ebang International Holdings Inc., latest Apr 15, 2022
- Ebang International Holdings Inc. Hangzhou, China
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Ebang International Holdings Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $45.6M3 Dec 31, 2025 | $59.2M3 Dec 31, 2024 | −23.1% |
| Accumulated depreciation | $15.7M3 Dec 31, 2025 | $29.3M3 Dec 31, 2024 | −46.4% |
| Property and equipment, net | $29.8M3 Dec 31, 2025 | $29.9M3 Dec 31, 2024 | −0.3% |
| Operating-lease assets (leased space) | $3.6M3 Dec 31, 2025 | $3.3M3 Dec 31, 2024 | +7.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $200.2M3 Dec 31, 2025 | $213.8M3 Dec 31, 2024 | −6.4% |
| Marketable securities, current | $109.9K3 Dec 31, 2025 | $215.4K3 Dec 31, 2024 | −49.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $1.3M3 Dec 31, 2024 | $2.3M9 Dec 31, 2022 | −44.4% |
| Intangible assets, net (excluding goodwill) | $2.2M3 Dec 31, 2025 | $3.3M3 Dec 31, 2024 | −34.2% |
| Finite-lived intangibles, gross | $10.9M3 Dec 31, 2025 | $43.0M3 Dec 31, 2024 | −74.7% |
| Accumulated amortization | $3.8M3 Dec 31, 2025 | $15.4M3 Dec 31, 2024 | −75.3% |
| Finite-lived intangibles, net | $2.2M3 Dec 31, 2025 | $3.3M3 Dec 31, 2024 | −34.2% |
Inventory
Leadership
Who has led Ebang International Holdings Inc., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerDong Hu Mar 10, 2026 to now11
- ChairDong Hu Mar 10, 2026 to now11
- Chief financial officerDong Hu Mar 10, 2026 to now11
Board members and other officers (4)
- Deputy General ManagerChunjuan Peng Mar 10, 2026 to now12
- Board memberChunjuan Peng Mar 10, 2026 to now12
- Board memberTingjie Lyu Mar 10, 2026 to now13
- Board memberYanqing Gao Mar 10, 2026 to now14
Timeline
- Mar 10, 2026New chief executive Dong Hu becomes CEO11
Filings
58 filings to the SEC since October 2021: 6 annual reports, 5 insider forms, 5 large holders, 42 other. The latest 20:
- Sep 29, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 14, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 7, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jun 11, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jun 10, 2026EFFECT EDGAR
- Jun 1, 2026F-3/A AMENDMENT NO. 2 TO FORM F-3 EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 15, 2026F-3/A AMENDMENT NO. 1 TO FORM F-3 EDGAR
- Apr 24, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 24, 2026F-3 REGISTRATION STATEMENT EDGAR
- Apr 24, 202620-F ANNUAL REPORT EDGAR
- Mar 18, 20263 PRIMARY DOCUMENT EDGAR
- Mar 10, 20263 EDGAR
- Mar 10, 20263 EDGAR
- Mar 10, 20263 EDGAR
- Mar 10, 20263 EDGAR
- Aug 15, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- May 12, 2025144 EDGAR
- Apr 28, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 28, 202520-F ANNUAL REPORT EDGAR
The 58 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- CVI Investments, Inc.SCHEDULE 13G/A, 4 filings Feb 14, 2022 to May 15, 202615
- Dong HuSC 13D, 1 filing Apr 15, 202216
SEC filer profile
How Ebang International Holdings Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGAREbang International Holdings Inc.1
- CIK0001799290
- Filer statusNon-accelerated filer not an emerging growth company; not a shell company5
- Incorporated inCayman Islands5
- Fiscal year endsDecember 311
- Industry code (SIC)6200 Security & Commodity Brokers, Dealers, Exchanges & Services1
- SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
- Business address2525 Blacksburg Road, Grover, NC 280731
- Phone(972) 689-14521
- Shares outstanding4,989,746 Common Class A shares; 1,554,192 Common Class B shares as of Apr 24, 20265
- AuditorMaloneBailey, LLP, Houston, Texas PCAOB ID 206; no auditor attestation of internal control over financial reporting5
- On EDGAR sinceFeb 14, 20201
- Filings143 in all: 6-K (48), CORRESP (18), UPLOAD (11), EFFECT (8), 20-F (6), 3 (5), 424B4 (5), F-1 (5)1
All 26 form types
F-1/A (5), DRS (4), DRSLTR (3), F-3/A (3), SC 13G (3), 144 (2), DRS/A (2), F-1MEF (2), F-3 (2), S-8 (2), SC 13G/A (2), 20-F/A (1), 8-A12B (1), CERT (1), D (1), POS AM (1), SC 13D (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (20-F) Apr 24, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A ordinary shares, par value HK$0.03 per share | EBON | Nasdaq Global Select Market |
From the cover page of the 20-F filed Apr 24, 2026 (Section 12(b) of the Exchange Act).5
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11SEC EDGARDong Hu, Chief executive officer
- 12
- 13SEC EDGARTingjie Lyu, Board member
- 14SEC EDGARYanqing Gao, Board member
- 15
- 16