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 |
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 |