Overview
- IndustryServices-Advertising1
- HeadquartersHunan, China1
- Incorporated inNV2
- Business addressYijiaren Business Hotel No.168,, Tong Zi Po Xi Lu, Yuele District, Changsha, Hunan, F4 4102052
- Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2
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Limited, a Nevada corporation (“the Company”) was incorporated under the laws of the State of Nevada on May 9, 2018.3 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 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Cost of revenue100¢$138.0K
Out of $125.2K in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | $234.7K5 | $2.1M6 | $286.1K7 | $166.4K7 | $125.2K4 | ||
| Cost of revenue | $138.2K8 | $163.3K9 | $88.2K5 | $61.9K6 | $44.7K7 | $265.5K4 | $138.0K4 |
| Gross profit | -$69.6K8 | $37.1K9 | $131.9K9 | -$99.1K4 | -$12.9K4 | ||
| Selling, general and admin | $128.0K5 | $154.8K6 | $136.2K7 | $112.4K7 | |||
| Operating expenses | $1.8M6 | $1.5M7 | $809.9K4 | $608.0K4 | |||
| Operating income | -$1.0M8 | -$809.9K9 | -$643.4K5 | $298.3K6 | -$1.2M7 | -$909.0K4 | -$620.8K4 |
| Interest | $7368 | $39.8K9 | $46.7K5 | $29.6K6 | $82.6K7 | ||
| Income before tax | $276.0K6 | -$1.2M7 | -$907.1K4 | -$585.3K4 | |||
| Income tax | -$48 | $21.3K6 | $4.6K7 | ||||
| Net income | -$1.0M8 | -$849.7K9 | -$683.8K5 | $254.6K6 | -$1.3M7 | -$907.1K4 | -$585.3K4 |
| Earnings per share | $0.006 | -$0.017 | -$0.014 | $0.004 | |||
| Earnings per share (diluted) | -$0.017 | -$0.014 | $0.004 | ||||
| Shares (weighted, basic) | 120.0M shares6 | 120.0M shares7 | 120.0M shares4 | 120.0M shares4 | |||
| Shares (weighted, diluted) | 120.0M shares7 | 120.0M shares4 | 120.0M shares4 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash | $795.6K8 | $1.1M9 | $824.7K5 | $559.1K6 | $455.0K7 | $266.5K4 | $193.4K4 |
| Current assets | $902.1K8 | $1.2M9 | $1.5M5 | $953.6K6 | $502.6K7 | $297.5K4 | $223.9K4 |
| Property, plant and equipment | $11.3K6 | $1.1K7 | |||||
| Total assets | $902.8K8 | $1.3M9 | $1.6M5 | $1.3M6 | $685.2K7 | $319.1K4 | $223.9K4 |
| Accounts payable | $28.6K6 | $20.6K7 | $13.5K4 | $16.0K4 | |||
| Current liabilities | $1.4M8 | $2.1M9 | $3.1M5 | $2.4M6 | $3.0M7 | $3.5M4 | $3.8M4 |
| Long-term liabilities | $50.9K4 | ||||||
| Total liabilities | $1.4M8 | $2.1M9 | $3.1M5 | $2.6M6 | $3.0M7 | $3.5M4 | $3.8M4 |
| Retained earnings | -$2.6M6 | -$3.8M7 | -$4.7M4 | -$5.3M4 | |||
| Shareholders’ equity | -$453.6K9 | -$771.8K5 | -$1.6M6 | -$1.3M7 | -$2.3M4 | -$3.1M4 | -$3.6M4 |
| Shares outstanding | 95.0M shares9 | 120.0M shares9 | 120.0M shares9 | 120.0M shares6 | 120.0M shares7 | 120.0M shares4 | 120.0M shares4 |
What it owns
What Ezagoo Ltd 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 | $42.3K4 Dec 31, 2024 | $42.3K4 Dec 31, 2023 | 0% |
| Accumulated depreciation | $42.3K4 Dec 31, 2024 | $42.3K4 Dec 31, 2023 | 0% |
| Operating-lease assets (leased space) | $21.6K4 Dec 31, 2023 | $181.5K7 Dec 31, 2022 | −88.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $193.4K4 Dec 31, 2024 | $266.5K4 Dec 31, 2023 | −27.4% |
Properties, in its own words
We currently maintain our principal executive office at Rm 205, 2/F, Building 17, Yard 1, Li Ze Road, Feng Tai District, Beijing 100073, China, which expired on December 31, 2024. The current monthly rent is RMB2,000 (approximately $282).
As of December 31, 2024, the Company has a total two separate operating lease agreements for three office spaces in PRC with remaining lease terms of from 12 months to 18 months.
The rest of Item 2
For more information on operating lease, see Note 13 of the accompanying consolidated financial statements.
Item 2 of the 10-K filed May 15, 2025.3
Leadership
Who has led Ezagoo Ltd, and when. Pick a name to see everywhere that person has worked.
- Chief executive officerXiaohao Tan May 19, 2022 to May 19, 202213
- PresidentXiaohao Tan May 19, 2022 to May 19, 202213
Board members and other officers (1)
- Board memberXiaohao Tan May 19, 2022 to May 19, 202213
Timeline
Filings
34 filings to the SEC since October 2021: 4 annual reports, 13 quarterly reports, 2 major events, 1 insider forms, 14 other. The latest 20:
- Nov 13, 202510-Q EDGAR
- Oct 30, 202510-Q EDGAR
- Aug 15, 2025NT 10-Q EDGAR
- Jul 16, 202510-Q EDGAR
- May 15, 2025NT 10-Q EDGAR
- May 15, 202510-K EDGAR
- Mar 31, 2025NT 10-K EDGAR
- Nov 20, 202410-Q EDGAR
- Nov 20, 2024NT 10-Q EDGAR
- Oct 31, 2024UPLOAD EDGAR
- Oct 2, 2024UPLOAD EDGAR
- Aug 27, 2024UPLOAD EDGAR
- Aug 16, 202410-Q EDGAR
- Aug 16, 2024NT 10-Q EDGAR
- May 15, 202410-Q EDGAR
- Apr 8, 202410-K EDGAR
- Apr 1, 2024NT 10-K EDGAR
- Feb 8, 20248-K EDGAR
- Nov 20, 202310-Q EDGAR
- Nov 14, 2023NT 10-Q EDGAR
The 34 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.
SEC filer profile
How Ezagoo Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGAREzagoo Ltd1
- CIK0001752372
- Employer ID (EIN)30-10779363
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inNevada3
- Fiscal year endsDecember 311
- Industry code (SIC)7310 Services-Advertising1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business addressYijiaren Business Hotel No.168,, Tong Zi Po Xi Lu, Yuele District, Changsha, Hunan, F4 4102051
- Phone86139751091681
- Shares outstanding119,956,826 as of Sep 30, 202512
- Public float$21.7M as of May 15, 20253
- AuditorEnrome LLP, Singapore PCAOB ID 6907; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceDec 6, 20181
- Filings66 in all: 10-Q (21), NT 10-Q (11), UPLOAD (7), 10-K (6), NT 10-K (6), 8-K (4), S-1/A (4), 4 (1)1
All 14 form types
8-K/A (1), AW (1), CORRESP (1), EFFECT (1), POS AM (1), S-1 (1)
- Latest filingsAnnual report (10-K) May 15, 2025
Quarterly report (10-Q) Nov 13, 2025
Latest 8-K (8-K) Feb 8, 2024
Risk factors and legal proceedings
The risks Ezagoo Ltd names in Item 1A of its 10-K filed May 15, 2025: 36 risks under these headings, as written.3
- COVID-19 Pandemic
- COVID-19 pandemic has had, and may continue to have, an adverse effect on our business and our financial results.
- Risks Related to our Business
- We rely entirely on the operations of Beijing Ezagoo Zhicheng Internet Technology Limited (“BEZL”). Any successes or failures of BEZL will directly impact our financial condition and may cause your investment to be either positively or negatively impacted.
- Competition from both large, established industry participants and new market entrants may negatively affect our current and future results of operations.
- If we do not manage our growth effectively, the quality of our solution or our relationships with our customers may suffer, and our operating results may be negatively affected.
- We may require additional capital to support growth, and such capital might not be available on terms acceptable to us, if at all. This could hamper our growth and adversely affect our business.
- We may not be able to compete successfully against current and future competitors because competition in our industry is intense, and our competitors may offer solutions that are perceived by our customers to be more attractive than ours. These factors could result in declining revenue, or inability to grow our business.
- We have been dependent on short video and digital display advertising. A decrease in the use of display advertising, or our inability to further penetrate display, mobile, social and video advertising channels would harm our business, growth prospects, operating results and financial condition.
- We have historically relied, and expect to continue to rely, on our existing customers for a significant portion of our revenue. The loss of any of existing customers could significantly harm our business, financial condition and results of operations.
- Our sales and marketing efforts require significant investment, which may not yield returns in the foreseeable future, if at all.
- If we do not effectively grow and train our sales team, we may be unable to add new customers or increase sales to our existing customers, and our business would be adversely affected.
The other 26 risks
- Risks Related to Doing Business in China
- Certain judgments obtained against us by our officers and directors may not be enforceable
- Regulations Relating to M&A Rules and certain other PRC regulations establish complex procedures for some acquisitions of Chinese companies by foreign investors, which could make it more difficult for us to pursue growth through acquisitions in China.
- China’s political climate and economic conditions, as well as changes in government policies, laws and regulations which may be quick with little advance notice, could have a material adverse effect on our business, financial condition and results of operations.
- Uncertainties with respect to the PRC legal system could adversely affect us, including risks and uncertainties regarding the enforcement of laws and that rules and regulations in China can change quickly with little advance notice.
- The Chinese government may intervene or influence the operation of our PRC subsidiaries and exercise significant oversight and discretion over the conduct of their business and may intervene in or influence their operations at any time, or may exert more control over securities offerings conducted overseas and/or foreign investment in China-based issuers, which could result in a material change in operations of our PRC subsidiaries and/or the value of our common stock.
- Recent regulatory developments in China, including greater oversight and control by the CAC over data security, may subject us to additional regulatory review and any actions by the Chinese government to exert more oversight and control over foreign investment in China-based issuers could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and cause the value of such securities to significantly decline or be worthless.
- If the Chinese government determines that our corporate structure does not comply with Chinese regulations, or if Chinese regulations change or are interpreted differently in the future, Chinese regulatory authorities could disallow our current operating structure, which would likely result in a material change in our operations and/or cause the value of such securities to significantly decline or become worthless.
- The Chinese government may intervene or influence our operations at any time, or may exert more control over offerings conducted overseas and/or foreign investment in China-based issuers, which could result in a material change in our operations and/or cause the value of our securities to significantly decline or be worthless.
- Trading in our securities may be prohibited under the Holding Foreign Companies Accountable Act if the PCAOB determines that it cannot inspect or investigate completed our auditors for three consecutive years beginning in 2021, or for two consecutive years if the Accelerating Holding Foreign Companies Accountable Act or the America COMPETES Act becomes law.
- We may be exposed to liabilities under the Foreign Corrupt Practices Act, and any determination that we violated the foreign corrupt practices act could have a material adverse effect on our business.
- You may have difficulty enforcing judgments against us.
- Chinese economic growth slowdown may have a negative effect on our business.
- Under the Enterprise Income Tax Law, we may be classified as a “Resident Enterprise” of China. Such classification will likely result in unfavorable tax consequences to us and our non-PRC stockholders.
- PRC regulation of loans and direct investment by offshore holding companies in PRC entities may delay or prevent us from using the proceeds of our securities offerings to make loans or additional capital contributions to our PRC operating subsidiaries, which could materially and adversely affect our liquidity and our ability to fund and expand our business.
- Governmental control of currency conversion may affect the value of your investment.
- Fluctuations in exchange rates could adversely affect our business and the value of our securities.
- Failure to comply with the Individual Foreign Exchange Rules relating to the overseas direct investment or the engagement in the issuance or trading of securities overseas by our PRC resident stockholders may subject such stockholders to fines or other liabilities.
- There are uncertainties under the PRC laws relating to the procedures for U.S. regulators to investigate and collect evidence from companies located in the PRC.
- Failure to comply with laws and regulations applicable to our business in China could subject us to fines and penalties and could also cause us to lose customers or otherwise harm our business.
- Payment of dividends is subject to restrictions under Nevada and the PRC laws.
- Our common stock may not develop an active trading market and the price and trading volume of our shares may fluctuate significantly.
- In case that our shares trade under $5.00 per share they will be considered penny stock. Trading in penny stocks has many restrictions and these restrictions could severely affect the price and liquidity of our common stock.
- We do not anticipate paying cash dividends on our Common Stock in the foreseeable future.
- Our Chief Executive Officer, Mr. Xiaohao Tan, own a majority of our outstanding shares of common stock and could significantly influence the outcome of our corporate matters.
- The price of our common stock may be volatile or may decline regardless of our operating performance, and stockholders may not be able to resell their shares.
- Future sales of substantial amounts of the shares of our Common Stock by existing shareholders could adversely affect the price of our Common Stock.
Legal proceedings
From time to time, we maybe involve in various lawsuits and legal proceedings which arise in the ordinary course of business. Litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. Currently there are no pending legal proceedings or claims that we believe will have a material adverse effect on our business, financial condition or operating results. None of our directors, officers or affiliates is involved in a proceeding adverse to our business or has a material interest adverse to our business.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGAREzagoo Ltd filings on SEC EDGAR
- 2SEC EDGAREzagoo Ltd filings on SEC EDGAR
- 3
- 4SEC EDGAREzagoo Ltd 10-K for fiscal 2024
- 5SEC EDGAREzagoo Ltd 10-K for fiscal 2020
- 6SEC EDGAREzagoo Ltd 10-K for fiscal 2021
- 7SEC EDGAREzagoo Ltd 10-K for fiscal 2022
- 8SEC EDGAREzagoo Ltd 10-K for fiscal 2018
- 9SEC EDGAREzagoo Ltd 10-K for fiscal 2019
- 10SEC EDGAREzagoo Ltd 10-Q for fiscal 2025
- 11SEC EDGAREzagoo Ltd 10-Q for fiscal 2025
- 12SEC EDGAREzagoo Ltd 10-Q for fiscal 2025
- 13SEC EDGARXiaohao Tan, Chief executive officer
- 14SEC EDGARChange of auditor
- 15SEC EDGARExecutive or director change