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XTKGF on OTC

X3 Holdings Co., Ltd.

X3 Holdings Co., Ltd. is a computer programming services company in the Cayman Islands.1 Its shares trade on OTC under the symbol XTKGF.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$6.3MRevenue, fiscal 20252
-$26.2MNet income, fiscal 20252

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  • TickerXTKGF on OTC1
  • IndustryServices-Computer Programming Services1
  • HeadquartersE91
  • Incorporated inCayman Islands3
  • Business addressSuite 412, Tower A, Tai Seng Exchange, One Tai Seng Avenue, Singapore, U0 5364643
  • Filer categoryNon-accelerated filer3

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Report, the Company has offices located in Singapore and China (Zhuhai, Guangzhou, Shenzhen, Changsha, Wuhan, Nanning, Hangzhou).4 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

64.3%Gross margin2
-510.9%Operating margin2
-416.4%Net margin2
-45.8%Revenue growth, 20252
-73.8%Return on equity2
0.09×Debt to equity2
-$3.5MFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Application Development Services brought in 49% of the revenue X3 Holdings Co., Ltd. broke down this way in fiscal 2025.

  1. Application Development Services$3.1M249%down 42% from 2024
  2. Consulting And Technical Support Services$2.4M239%down 32% from 2024
  3. Subscription Services$697.4K211%up 15% from 2024
  4. Others$76.8K21%up 106% from 2024
Products and services by year
Products and services202320242025
Application Development Services$9.8M$5.3M$3.1M
Consulting And Technical Support Services$3.6M$3.6M$2.4M
Subscription Services$695.0K$606.3K$697.4K
Others$190.7K$37.2K$76.8K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue35¢$2.2M
  • Research and development40¢$2.6M
  • Income tax26¢$1.7M

Out of $6.3M in revenue.2 The company lost money this year.

Financial statements

Revenue567892$6.3M in 2025−73% since 2018
0$10.0M$20.0M$30.0M$40.0M2018: $23.2M$23.2M20182019: $20.1M$20.1M2019−13%2020: $26.7M$26.7M2020+33%2021: $32.1M$32.1M2021+20%2022: $10.5M$10.5M2022−67%2023: $16.8M$16.8M2023+60%2024: $11.6M$11.6M2024−31%2025: $6.3M$6.3M2025−46%
Gross profit567892$4.0M in 2025−48% since 2018
0$5.0M$10.0M$15.0M2018: $7.8M$7.8M20182019: $6.1M$6.1M2019−23%2020: $9.4M$9.4M2020+55%2021: $10.7M$10.7M2021+14%2022: $3.8M$3.8M2022−65%2023: $3.4M$3.4M2023−9%2024: $4.6M$4.6M2024+35%2025: $4.0M$4.0M2025−12%
Operating income567892-$32.1M in 2025
-$100.0M-$75.0M-$50.0M-$25.0M0$25.0M2018: $1.0M$1.0M20182019: -$11.3M-$11.3M20192020: -$3.3M-$3.3M2020−71%2021: -$8.1M-$8.1M2021+147%2022: -$20.1M-$20.1M2022+148%2023: -$53.6M-$53.6M2023+166%2024: -$83.4M-$83.4M2024+56%2025: -$32.1M-$32.1M2025−61%
Net income107892-$26.2M in 2025
-$150.0M-$100.0M-$50.0M0$50.0M2018: $1.5M$1.5M20182019: -$10.8M-$10.8M20192020: -$18.4M-$18.4M2020+70%2021: -$9.3M-$9.3M2021−49%2022: -$21.5M-$21.5M2022+130%2023: -$109.6M-$109.6M2023+410%2024: -$76.2M-$76.2M2024−30%2025: -$26.2M-$26.2M2025−66%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
Total revenues$6.3M$11.6M$16.8M
Total cost of revenues$2.2M$7.0M$13.4M
GROSS PROFIT$4.0M$4.6M$3.4M
Selling and marketing$654.5K$1.1M$1.5M
General and administrative$6.5M$7.2M$12.1M
(Recovery of) provision for credit losses-$1.4M$5.4M$539.3K
Research and development$2.6M$4.1M$4.8M
Share-based compensation$6.0M$5.8M$6.1M
Impairment charges$21.8M$64.5M$32.0M
Total operating expenses$36.2M$88.0M$57.0M
OPERATING LOSS-$32.1M-$83.4M-$53.6M
Gain from disposition of a subsidiary$4.6M
(Loss) gain from equity investment-$50.2K$70.9K
Loss on debt extinguishment-$473.7K
Change in fair value of convertible notes$1.0M-$21.2K
Gain from fair value change in equity investments$2.4M
Fair value loss on financial instruments-$71.0M
Other expense-$455.0K-$1.1M-$169.1K
Total other expenses$4.1M-$552.9K-$68.7M
LOSS BEFORE INCOME TAXES-$28.1M-$84.0M-$122.3M
INCOME TAX BENEFIT-$1.7M-$122.8K-$57.3K
NET LOSS-$26.4M-$83.8M-$122.2M
Less: loss attributable to non-controlling interests-$201.7K-$7.6M-$12.6M
NET LOSS ATTRIBUTABLE TO X3 HOLDINGS CO., LTD.-$26.2M-$76.2M-$109.6M
Foreign currency translation adjustment$564.1K-$846.0K-$1.7M
COMPREHENSIVE LOSS-$25.8M-$84.7M-$123.9M
Less: comprehensive loss attributable to non-controlling interest-$374.9K-$7.4M-$12.6M
COMPREHENSIVE LOSS ATTRIBUTABLE TO X3 HOLDINGS CO., LTD.-$25.5M-$77.2M-$111.3M
Basic (in Shares)307.4K shares76.7K shares10.5K shares
Diluted (in Shares)307.4K shares76.7K shares10.5K shares
Basic (in Dollars per share)-$202.46-$993.64-$10,434.89
Diluted (in Dollars per share)-$202.46-$993.64-$10,434.89

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Corporate structure

X3 Holdings Co., Ltd. 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 X3 Holdings Co., Ltd.

  • Streeterville Capital LLC Filed SCHEDULE 13G on X3 Holdings Co., Ltd., latest Feb 24, 2026
  • Stewart Shiang Lor Filed SCHEDULE 13D/A on X3 Holdings Co., Ltd., latest Jan 23, 2026 (5 filings since Apr 29, 2022)
  • Yuxia Xu Filed SCHEDULE 13D/A on X3 Holdings Co., Ltd., latest Jan 23, 2026 (2 filings since Jun 20, 2025)
  • White Lion Capital LLC Filed SC 13G/A on X3 Holdings Co., Ltd., latest Dec 30, 2022 (2 filings since Oct 31, 2022)
  • Qiuxia Zhang Filed SC 13D/A on X3 Holdings Co., Ltd., latest Nov 25, 2022 (3 filings since Mar 18, 2022)
  • X3 Holdings Co., Ltd. E9

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What X3 Holdings 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, before depreciation$8.8M2 Dec 31, 2025$8.3M2 Dec 31, 2024+6.5%
Accumulated depreciation$3.1M2 Dec 31, 2025$2.3M2 Dec 31, 2024+33.6%
Property and equipment, net$5.7M2 Dec 31, 2025$6.0M2 Dec 31, 2024−4.0%
Operating-lease assets (leased space)$539.7K2 Dec 31, 2025$338.0K2 Dec 31, 2024+59.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$2.2M2 Dec 31, 2025$4.2M2 Dec 31, 2024−47.2%
Long-term investments$122.9K2 Dec 31, 2025$11.3M2 Dec 31, 2023−98.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.8M2 Dec 31, 2025$4.8M2 Dec 31, 2024−42.0%
Intangible assets, net (excluding goodwill)$6.1M2 Dec 31, 2025$11.1M2 Dec 31, 2024−44.9%
Finite-lived intangibles, gross$52.3M2 Dec 31, 2025$55.6M2 Dec 31, 2024−6.0%
Accumulated amortization$15.5M2 Dec 31, 2025$15.9M2 Dec 31, 2024−2.6%

Former names

  • Powerbridge Technologies Co., Ltd.Sep 26, 2018 to Jan 29, 20243

Filings

120 filings to the SEC since October 2021: 8 annual reports, 13 large holders, 99 other. The latest 20:

  1. Jul 14, 202625-NSE EDGAR
  2. Apr 27, 202620-F ANNUAL REPORT EDGAR
  3. Feb 26, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  4. Feb 24, 2026SCHEDULE 13G EDGAR
  5. Feb 13, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  6. Feb 13, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  7. Feb 13, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  8. Feb 4, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
  9. Feb 4, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  10. Jan 23, 2026SCHEDULE 13D/A EDGAR
  11. Jan 23, 2026SCHEDULE 13D/A EDGAR
  12. Jan 23, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  13. Jan 12, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  14. Jan 7, 2026S-8 REGISTRATION STATEMENT EDGAR
  15. Sep 29, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  16. Aug 8, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  17. Jul 17, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  18. Jul 17, 2025424B5 PROSPECTUS SUPPLEMENT EDGAR
  19. Jun 20, 2025SCHEDULE 13D/A EDGAR
  20. Jun 20, 2025SCHEDULE 13D EDGAR

The 120 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.

SEC filer profile

How X3 Holdings 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 EDGARX3 Holdings Co., Ltd.1
  • CIK0001754323
  • Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
  • Incorporated inCayman Islands4
  • Fiscal year endsDecember 311
  • Industry code (SIC)7371 Services-Computer Programming Services1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business addressSuite 412, Tower A, Tai Seng Exchange, One Tai Seng Avenue, Singapore, U0 5364641
  • Mailing addressAdvanced Business Park, 9Th Fl, Bldg C2, 29 Lanwan Lane, Hightech District Zhuhai, Guangdong, F4 5190801
  • Phone86-756-339-56661
  • Shares outstanding533,637 Common Class A shares; 202,031 Common Class B shares as of Dec 31, 20254
  • AuditorOneStop Assurance PAC, Singapore PCAOB ID 6732; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceSep 26, 20181
  • Filings191 in all: 6-K (93), UPLOAD (12), 424B5 (11), CORRESP (11), 20-F (8), SC 13D/A (7), F-3/A (5), S-8 (5)1
    All 31 form types

    20-F/A (3), EFFECT (3), F-1/A (3), NT 20-F (3), SC 13D (3), SCHEDULE 13D/A (3), DRS/A (2), DRSLTR (2), F-1 (2), F-3 (2), 144 (1), 25-NSE (1), 424B2 (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), FWP (1), RW (1), SC 13G (1), SC 13G/A (1), SCHEDULE 13D (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (20-F) Apr 27, 2026

Securities registered for trading

ClassSymbolExchange
ordinary shares, par value $0.0009XTKGNASDAQ

From the cover page of the 20-F filed Apr 27, 2026 (Section 12(b) of the Exchange Act).4

Sources

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