ABQQ (ABQQ)
AB International Group Corp.
NASDAQ:ABQQTechnology · Software - Application
Mkt Cap-
Float1.23M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$6.37M
Net Income$1.46M
Total Assets$6.66M
Free Cash Flow-$2.32M
Debt & Equity
Debt 41%
Equity 59%
Preferred 0%
Total Debt$2.17M
Total Equity$3.07M
Preferred Stock$100
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
2-year cumulative
1:2,000Over cap
Past the 1:250 Nasdaq cap, ineligible for a bid-price compliance period
- 1:2,000Reverse splitDec 18, 20252,000 shares → 1
- 1:50Reverse splitJun 17, 201950 shares → 1
Balance Sheet Details
Assets$6.66M
Liabilities$3.6M
Accounts Receivable$219K
Accounts Payable$88K
Inventory$0
PP&E (Net)$294K
Goodwill$0
Intangible Assets$4.77M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 |
| Revenue | $6.37M | $3.3M | $1.47M | $2.93M | $115K | $448K | $434K | $250K | $408K | $28K | $8K | $0 | $0 |
| YoY Growth | 93.0% | 124.0% | -49.7% | 2444.1% | -74.3% | 3.4% | 73.3% | -38.7% | 1347.1% | 243.9% | - | - | - |
| Cost of Revenue | $3.36M | $309K | $244K | $3.22M | $1.49M | $178K | $175K | $150K | $52K | $4K | $7K | $0 | $0 |
| Gross Profit | $3.01M | $2.99M | $1.23M | -$294K | -$1.38M | $271K | $259K | $100K | $356K | $25K | $1K | $0 | $0 |
| Gross Margin | 47.3% | 90.6% | 83.5% | -10.0% | -1198.4% | 60.4% | 59.7% | 40.0% | 87.3% | 87.2% | 14.6% | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $109K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $631K | $844K | $1.74M | $1.74M | $1.84M | $1.53M | $702K | $977K | $159K | $65K | $30K | $4K | $2K |
| Other | $499K | $1.66M | $3.05M | $0 | $0 | $0 | $0 | $0 | $0 | $15K | $0 | $0 | $0 |
| Total Operating Expenses | $1.13M | $2.5M | $4.79M | $1.74M | $1.84M | $1.64M | $702K | $977K | $159K | $65K | $30K | $4K | $2K |
| Operating Income (EBIT) | $1.88M | $487K | -$3.56M | -$2.17M | -$3.22M | -$1.2M | -$472K | -$877K | $197K | -$37K | -$29K | -$4K | -$2K |
| Operating Margin | 29.5% | 14.8% | -241.5% | -74.2% | -2801.2% | -268.3% | -109.0% | -350.7% | 48.2% | -130.1% | -348.8% | - | - |
| Interest Expense | $71K | $32K | $10K | $239 | $157K | $256K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $694 | $740 | $0 | $7 | $166K | $9K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$426K | $55K | -$10K | -$142K | -$414K | -$279K | $38K | -$280K | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $1.46M | $542K | -$3.57M | -$2.17M | -$3.66M | -$1.52M | -$405K | -$1.16M | $197K | -$37K | -$29K | -$4K | -$2K |
| Income Tax Expense | $0 | $0 | $0 | $0 | -$55K | $0 | -$38K | $0 | $55K | $0 | $0 | $0 | $0 |
| Net Income | $1.46M | $542K | -$3.57M | -$2.17M | -$3.61M | -$1.78M | -$366K | -$1.11M | $141K | -$44K | -$29K | -$4K | -$2K |
| Net Income Margin | 22.9% | 16.4% | -242.1% | -74.3% | -3135.0% | -396.7% | -84.5% | -444.6% | 34.7% | -157.8% | -348.8% | - | - |
| Supplementary Data | |||||||||||||
| EPS | 0.00 | 0.00 | -0.00 | -0.01 | -0.02 | -0.25 | -0.10 | -0.96 | 0.27 | -0.24 | -0.46 | -0.07 | -0.11 |
| Diluted EPS | 0.00 | 0.00 | -0.00 | -0.01 | -0.02 | -0.02 | -0.10 | -0.96 | 0.27 | -0.24 | -0.46 | -0.07 | -0.11 |
| Weighted Average OS | 4.79B | 2.29B | 866.52M | 290.71M | 194.57M | 7.19M | 3.77M | 1.16M | 530,036 | 189,311 | 62,609 | 52,471 | 22,586 |
| EBITDA | $3.09M | $2.17M | -$504K | $1.09M | -$1.96M | -$1.1M | -$265K | -$771K | -$159K | -$33K | -$28K | -$4K | $0 |
| EBITDA Margin | 48.5% | 65.9% | -34.2% | 37.2% | -1702.1% | -245.7% | -61.1% | -308.4% | -39.1% | -117.2% | -346.9% | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $14K | $64K | $117K | $84K | $132K | $2.46M | $1.56M | $210K | $147K | $167K | $6K | $4K | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $14K | $64K | $117K | $84K | $132K | $2.46M | $1.56M | $210K | $147K | $167K | $6K | $4K | $0 |
| Accounts Receivable | $219K | $625K | $0 | $0 | $89K | $313K | $1.13M | $10K | $0 | $28K | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | -$733K | $0 | -$2.36M | -$3 | -$88K | $8 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $733K | $0 | $0 | $0 | $88K | $587 | $9K | $0 | $0 |
| Total Current Assets | $242K | $689K | $117K | $97K | $879K | $2.78M | $3.99M | $554K | $271K | $218K | $15K | $4K | $0 |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $294K | $499K | $705K | $1.02M | $102K | $228K | $155K | $0 | $0 | $0 | $603 | $763 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $4.77M | $371K | $1.46M | $4.68M | $4.76M | $1.92M | $414K | $641K | $683K | $96K | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.36M | $790K | $345K | $45K | $17K | $18K | $15K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $6.42M | $1.66M | $2.5M | $5.74M | $4.88M | $2.16M | $583K | $641K | $683K | $96K | $603 | $763 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $6.66M | $2.35M | $2.62M | $5.84M | $5.76M | $4.94M | $4.58M | $1.19M | $954K | $314K | $16K | $4K | $0 |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $88K | $31K | $157K | $294K | $122K | $359K | $117K | $89K | $169K | $77K | $0 | $0 | $0 |
| Short-Term Debt | $1.81M | $193K | $748K | $377K | $0 | $439K | $0 | $0 | $0 | $0 | $22K | $0 | $206 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $57K | $65K | $55K | $55K | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $57K | $0 | $38K | $0 | $0 | $0 | -$2K | -$2K | -$3K | $0 | $0 | $0 |
| Other Current Liabilities | $1.34M | $0 | $0 | $15K | $947K | $0 | $164K | $2K | $57K | $3K | -$22K | $0 | $0 |
| Total Current Liabilities | $3.49M | $528K | $1.12M | $954K | $1.11M | $938K | $345K | $146K | $228K | $80K | $22K | $5K | $206 |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $107K | $361K | $608K | $863K | $0 | $48K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $3.6M | $889K | $1.73M | $1.82M | $1.11M | $987K | $345K | $146K | $228K | $80K | $22K | $5K | $206 |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $100 | $100 | $295 | $456 | $120 | $0 | $843K | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $8.03M | $2.28M | $1.29M | $385K | $227K | $47K | $5K | $147K | $30K | $26K | $3K | $3K | $0 |
| Retained Earnings | -$10.39M | -$11.85M | -$12.39M | -$8.79M | -$6.58M | -$2.97M | -$1.45M | -$1.05M | $105K | -$37K | -$32K | -$4K | -$206 |
| Comprehensive Income & Other | $0 | $0 | $0 | -$210K | -$7K | -$392K | -$843K | -$918K | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $5.42M | $11.02M | $11.99M | $12.43M | $11M | $6.88M | $5.68M | $1.95M | $592K | $245K | $22K | $0 | $0 |
| Total Equity | $3.07M | $1.46M | $891K | $4.02M | $4.65M | $3.96M | $4.23M | $1.05M | $726K | $234K | -$7K | -$974 | -$206 |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $6.66M | $2.35M | $2.62M | $5.84M | $5.76M | $4.94M | $4.58M | $1.19M | $954K | $314K | $16K | $4K | $0 |
| Supplementary Data | |||||||||||||
| Total Debt | $2.17M | $801K | $1.57M | $1.47M | $48K | $561K | $0 | $2K | $2K | $3K | $22K | $5K | $206 |
| Net Debt | $2.16M | $737K | $1.45M | $1.39M | -$84K | -$1.89M | -$1.56M | -$208K | -$146K | -$164K | $17K | $2K | $206 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 |
| Operating Activities | |||||||||||||
| Net Income | $1.46M | $542K | -$3.6M | -$2.21M | -$3.61M | -$1.52M | -$405K | -$1.11M | $141K | -$37K | -$29K | -$4K | -$2K |
| Depreciation & Amortization | $1.56M | $1.66M | $3.05M | $3.26M | $1.52M | $166K | $140K | $106K | $25K | $4K | $160 | $37 | $2K |
| Deferred Income Tax | $0 | $0 | $0 | -$419K | -$569K | -$170K | -$197K | $45K | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $419K | $569K | $170K | $197K | $196K | $35K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | $405K | -$625K | $0 | $1K | $138K | -$102K | -$26K | -$60K | -$60K | -$28K | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | -$1K | $338K | $1.05M | -$963K | -$295K | $45K | -$152K | $0 | $0 | $0 |
| Accounts Payable | $57K | -$93K | -$146K | $172K | -$241K | $248K | $140K | -$80K | -$47K | $77K | $0 | $0 | $0 |
| Other Working Capital | -$8.24M | $57K | -$171K | -$907K | $2K | -$1.75M | -$15K | $100K | $587 | $138K | -$9K | -$10K | $0 |
| Total Working Capital Change | -$7.77M | -$661K | -$171K | -$735K | $237K | -$546K | -$863K | -$334K | -$62K | $35K | -$9K | -$10K | $0 |
| Other Non-Cash Items | $2.44M | -$1.38M | $163K | -$1.82M | -$3.29M | $639K | $317K | $200K | $27K | -$8K | $0 | $10K | -$2K |
| Net Cash from Operating | -$2.32M | $162K | -$553K | -$1.5M | -$5.14M | -$1.26M | -$811K | -$867K | $167K | -$6K | -$38K | -$4K | -$2K |
| Investing Activities | |||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | -$5K | $0 | -$267K | -$200K | -$500K | -$100K | $0 | -$800 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$280K | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | -$5K | $1.05M | -$967K | $253K | -$500K | -$30K | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | -$5K | $1.05M | -$1.23M | -$227K | -$500K | -$100K | $0 | -$800 | $0 |
| Financing Activities | |||||||||||||
| Debt Repaid | - | - | - | - | $589K | -$593K | - | - | - | - | - | - | - |
| Common Stock Issuance | $650K | $0 | $146K | $318K | $2.22M | $514K | $3.4M | $1.16M | $315K | $264K | $23K | $3K | $0 |
| Common Stock Repurchases | $0 | -$38K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | -$50K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $371K | $1.08M | $2.88M | $0 | $0 | $424 | -$1K | $267K | $17K | $5K | $2K |
| Net Cash from Financing | $2.27M | -$215K | $586K | $1.45M | $2.83M | $1.11M | $3.4M | $1.16M | $314K | $267K | $40K | $8K | $2K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$51K | -$53K | $33K | -$48K | -$2.32M | $890K | $1.35M | $63K | -$20K | $161K | $2K | $4K | $0 |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | -$2.32M | $162K | -$553K | -$1.5M | -$5.14M | -$1.26M | -$811K | -$867K | $167K | -$6K | -$38K | -$4K | -$2K |
| Capital Expenditure | $0 | $0 | $0 | $0 | -$5K | $0 | -$267K | -$200K | -$500K | -$100K | $0 | -$800 | $0 |
| Free Cash Flow | -$2.32M | $162K | -$553K | -$1.5M | -$5.15M | -$1.26M | -$1.08M | -$1.07M | -$333K | -$106K | -$38K | -$4K | -$2K |
| Cash at Beginning | $64K | $117K | $84K | $132K | $2.46M | $1.56M | $210K | $147K | $167K | $6K | $4K | $0 | $0 |
| Cash at End | $14K | $64K | $117K | $84K | $132K | $2.46M | $1.56M | $210K | $147K | $167K | $6K | $4K | $0 |