Ab International Group Corp (PK:ABQQ)

Sector:  Consumer Cyclicals Industry:  Entertainment Production
 
See Regulatory Filings on SEC
Company Contact
Address: 144 Main Street, Suite 1009
MOUNT KISCO NY 10549
Tel: N/A
Website: https://www.abqqs.com
IR: See website
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Key People
Chiyuan Deng
Chief Executive Officer, Chief Financial Officer, Director
   
Business Overview
AB International Group Corp. is primarily engaged in owning or leasing franchises, patents, and copyrights then in turn licensing others to use. The Company is an intellectual property (IP) and movie, television (TV) show, music, content investment and licensing company. The Company is focused on acquisitions and the development of various intellectual property, including the acquisition and distribution of movies. The Company's online service is marketed and distributed around the world under the brand name ABQQ.tv. Its service is providing streaming for Chinese movies and TV dramas, which has an online broadcast license. The Company also has the Mount Kisco Movie Theatre. The Company operates through two segments: copyrights and license (IP) segment and the cinema segment.
Financial Overview
For the six months ended 29 February 2024, Ab International Group Corp revenues increased from $535K to $1.2M. Net loss applicable to common stockholders decreased 80% to $451K. Revenues reflect IP Segment increase from $180K to $988K, Cinema segment increase from $57K to $199K. Lower net loss reflects Total Amort of Intangibles-excl Goodwill decrease of 40% to $1.1M (expense), General and administrative expenses decrease of 36% to $512K (expense).
Employees: 9 as of Aug 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $1.22M as of Feb 29, 2024
Annual revenue (TTM): $2.12M as of Feb 29, 2024
EBITDA (TTM): $1.46M as of Feb 29, 2024
Net annual income (TTM): -$1.77M as of Feb 29, 2024
Free cash flow (TTM): $0.07M as of Feb 29, 2024
Net Debt Last Fiscal Year: $0.29M as of Feb 29, 2024
Shares outstanding: 2,332,226,432 as of Apr 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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