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IFBD on Nasdaq

Infobird Co., Ltd

Infobird Co., Ltd is a prepackaged software services company based in N.T. Hong Kong, Cayman Islands.1 Its shares trade on Nasdaq under the symbol IFBD.1

$0.82 down 0.03 (3.60%)Price as of Oct 15, 2026 at 17:33 UTC

Last updated Oct 21, 2026.

Overview

$8.7MRevenue, fiscal 20253
-$53.6MNet income, fiscal 20253

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  • TickerIFBD on Nasdaq1
  • IndustryServices-Prepackaged Software1
  • HeadquartersN.T. Hong Kong, Hong Kong1
  • Incorporated inCayman Islands4
  • Business addressUnit 532A, 5/F, Cr Bld 2, 1 Science Park, West Avenue, Hong Kong Scnc Park, Tai Po, N.T. Hong Kong, K3 0000004
  • Filer categoryNon-accelerated filer, Emerging growth company4
  • Legal formCorporation

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Co., Ltd, or Infobird WFOE, which was established on May 20, 2020 under the laws of the PRC.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

29.5%Gross margin3
-606.8%Operating margin3
-615.9%Net margin3
505.5%Revenue growth, 20253
-303.4%Return on equity3

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue70¢$6.1M
  • Research and development1¢$97.5K
  • Other costs23¢$2.0M
  • Interest6¢$504.1K

Out of $8.7M in revenue.3 The company lost money this year.

Financial statements

Revenue6783$8.7M in 2025−54% since 2018
0$5.0M$10.0M$15.0M$20.0M2018: $18.8M$18.8M20182019: $18.2M$18.2M2019−3%2020: $14.5M$14.5M2020−20%2021: $9.6M$9.6M2021−34%2022: $5.5M$5.5M2022−43%2023: $280.0K$280.0K2023−95%2024: $1.4M$1.4M2024+414%2025: $8.7M$8.7M2025+506%
Gross profit6783$2.6M in 2025−73% since 2018
0$5.0M$10.0M$15.0M2018: $9.5M$9.5M20182019: $10.3M$10.3M2019+8%2020: $9.8M$9.8M2020−4%2021: $2.3M$2.3M2021−77%2022: $2.0M$2.0M2022−13%2023: $154.7K$154.7K2023−92%2024: $592.6K$592.6K2024+283%2025: $2.6M$2.6M2025+333%
Operating income6789103-$52.8M in 2025
-$60.0M-$40.0M-$20.0M0$20.0M2018: $3.1M$3.1M20182019: $6.0M$6.0M2019+97%2020: $4.4M$4.4M2020−28%2021: -$797.3K-$797.3K20212022: -$897.4K-$897.4K2022+13%2023: -$3.2M-$3.2M2023+252%2024: -$1.7M-$1.7M2024−45%2025: -$52.8M-$52.8M2025+2946%
Net income6789103-$53.6M in 2025
-$60.0M-$40.0M-$20.0M0$20.0M2018: $2.4M$2.4M20182019: $4.8M$4.8M2019+98%2020: $4.0M$4.0M2020−18%2021: -$13.9M-$13.9M20212022: -$16.2M-$16.2M2022+17%2023: -$2.9M-$2.9M2023−82%2024: -$2.1M-$2.1M2024−27%2025: -$53.6M-$53.6M2025+2453%

Every line of the income statement as filed: the last 3 fiscal years, latest first.3

Period ending2025-12-312024-12-312023-12-31
REVENUES$8.7M$1.4M$280.0K
COST OF REVENUES$6.1M$845.2K$125.3K
GROSS PROFIT$2.6M$592.6K$154.7K
Selling$1.5M$438.6K
General and administrative$2.6M$1.9M$3.3M
Research and development$97.5K$15.1K
Impairment of goodwill$51.2M
Total operating expenses$55.4M$2.3M$3.3M
LOSS FROM OPERATIONS-$52.8M-$1.7M-$3.2M
Interest income$20.0K$200.5K$1.4K
Interest expense-$504.1K-$546.5K-$736.9K
Impairment of due from discontinued operations-$17.6M
Other (expense) income, net-$308.0K$1.2K$85.4K
Total other expense, net-$792.2K-$344.8K-$18.3M
LOSS BEFORE INCOME TAX EXPENSES-$53.6M-$2.1M-$21.4M
INCOME TAX EXPENSE$21.0K
NET LOSS FROM CONTINUING OPERATIONS-$53.6M-$2.1M-$21.4M
Loss from discontinued operations, net of applicable income taxes-$4.3M
Net gain on sale of discontinued operations, net of applicable income taxes$22.9M
NET PROFIT FROM DISCONTINUED OPERATIONS$18.6M
NET LOSS-$53.6M-$2.1M-$2.9M
Less: Net loss attributable to non-controlling interest from continuing operations-$1.6M-$1.5K
Net loss attributable to non-controlling interest from discontinued operations-$291.6K
NET LOSS ATTRIBUTABLE TO INFOBIRD CO., LTD-$52.1M-$2.1M-$2.6M
FOREIGN CURRENCY TRANSLATION ADJUSTMENT$1.7M-$64.3K$393.6K
TOTAL COMPREHENSIVE LOSS-$52.0M-$2.2M-$2.5M
Less: Comprehensive income (loss) attributable to non-controlling interests from continuing operations-$1.5M-$3.6K
Comprehensive loss attributable to non-controlling interests from discontinued operations-$282.9K
COMPREHENSIVE LOSS ATTRIBUTABLE TO INFOBIRD CO., LTD-$50.5M-$2.2M-$2.2M
Weighted Average Number of Shares Outstanding, Diluted8.0M shares2.0M shares393.6K shares
Earnings Per Share, Diluted-$6.50-$1.05-$54.47
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share$48

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What it owns

What Infobird Co., 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

ItemLatestA year beforeChange
Property and equipment, net$637.0K3 Dec 31, 2025$781.6K3 Dec 31, 2024−18.5%
Finance-lease assets$377.5K3 Dec 31, 2025$516.4K3 Dec 31, 2024−26.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$12.6M3 Dec 31, 2025$62.4M3 Dec 31, 2024−79.9%
Finite-lived intangibles, net$12.6M3 Dec 31, 2025$62.4M3 Dec 31, 2024−79.9%

Leadership

Who has led Infobird Co., Ltd, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Xiangyang Wen2026
  2. Yaqing Wei2026–now

Chair

  1. Xiangyang Wen2026
  2. Yaqing Wei2026–now

Chief financial officer

  1. Yiting Song2026–now
Board members and other officers (4)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Independent DirectorShaoyang E named Aug 8, 202317
  • DirectorYimin Wu named Aug 8, 202317

Former names

  • Infobird Co. Ltd.Aug 4, 2020 to Aug 4, 20204

Timeline

  1. Sep 11, 2026New chief executive Yaqing Wei becomes CEO12
  2. Mar 18, 2026New chief executive Xiangyang Wen becomes CEO11

Filings

96 filings to the SEC since October 2021: 8 annual reports, 6 insider forms, 1 private raises, 81 other. The latest 20:

  1. Sep 24, 20266-K EDGAR
  2. Sep 11, 20263 EDGAR
  3. Aug 25, 20266-K EDGAR
  4. Jun 12, 202620-F/A EDGAR
  5. Apr 2, 202620-F EDGAR
  6. Mar 26, 20263 EDGAR
  7. Mar 18, 20263 EDGAR
  8. Mar 18, 20263 EDGAR
  9. Mar 18, 20263 EDGAR
  10. Mar 18, 20263 EDGAR
  11. Jan 20, 20266-K EDGAR
  12. Jan 5, 2026EFFECT EDGAR
  13. Dec 31, 2025EFFECT EDGAR
  14. Dec 31, 2025CORRESP EDGAR
  15. Dec 30, 2025UPLOAD EDGAR
  16. Dec 29, 2025POS AM EDGAR
  17. Dec 23, 2025F-3 EDGAR
  18. Sep 10, 20256-K EDGAR
  19. Sep 8, 20256-K EDGAR
  20. Sep 2, 20256-K EDGAR

The 96 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.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$30.0M 2023–2023
Money received by yearMoney received by year, 2023–2023: $30.0M in all. Private raises (Form D) $30.0M.$0$10M$20M$30M2023 · Private raises (Form D): $30.0M2023
Figures by year
YearPrivate raises (Form D)Total
2023$30.0M$30.0M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Jul 24, 2023Raised $30 million in a private offering of equity17 Form D: 20 investors so far Form D

SEC filer profile

How Infobird Co., Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARInfobird Co., Ltd1
  • CIK0001815566
  • Filer statusNon-accelerated filer an emerging growth company; not a shell company5
  • Incorporated inCayman Islands5
  • Fiscal year endsDecember 311
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business addressUnit 532A, 5/F, Cr Bld 2, 1 Science Park, West Avenue, Hong Kong Scnc Park, Tai Po, N.T. Hong Kong, K3 0000001
  • Phone86010524118191
  • Shares outstanding8,188,574 shares as of Dec 31, 20255
  • AuditorAssentSure PAC, Singapore PCAOB ID 6783; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceAug 4, 20201
  • Filings126 in all: 6-K (60), CORRESP (12), UPLOAD (8), 20-F (6), 3 (6), 20-F/A (4), EFFECT (4), FWP (4)1
    All 22 form types

    424B5 (3), F-1/A (3), NT 20-F (3), DRS/A (2), F-3 (2), 424B4 (1), 6-K/A (1), 8-A12B (1), CERT (1), D (1), DRS (1), F-1 (1), F-3/A (1), POS AM (1)

  • Latest filingsAnnual report (20-F) Apr 2, 2026

Securities registered for trading

ClassSymbolExchange
Ordinary Shares, par value $0.00001 per shareIFBDNasdaq

From the cover page of the 20-F filed Apr 2, 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.

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