View Past PerformanceZeta Network Group 대차대조표 건전성재무 건전성 기준 점검 2/6Zeta Network Group 의 총 주주 지분은 $23.3M 이고 총 부채는 $4.3M, 이는 부채 대 자기자본 비율을 18.6% 로 가져옵니다. 총자산과 총부채는 각각 $35.8M 및 $12.5M 입니다.핵심 정보18.55%부채/자본 비율US$4.33m부채이자보상배율n/a현금US$1.06m자본US$23.32m총부채US$12.50m총자산US$35.82m최근 재무 건전성 업데이트공시 • Oct 31Zeta Network Group announced delayed 20-F filingOn 10/30/2025, Zeta Network Group announced that they will be unable to file their next 20-F by the deadline required by the SEC.분석 기사 • Jul 01Would Color Star Technology (NASDAQ:ADD) Be Better Off With Less Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공시 • Nov 21Color Star Technology Receives Nasdaq Notification Letter Regarding Bid Price DeficiencyColor Star Technology Co., Ltd. announced that on November 14, 2024, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until May 13, 2025 to regain compliance. If at any time during such 180-day period the closing bid price of the Company’s Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary.공시 • Nov 17Color Star Technology Receives Nasdaq Notification Letter Regarding Bid Price DeficiencyColor Star Technology Co., Ltd. announced that on November 14, 2023, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until May 13, 2024 to regain compliance. If at any time during such 180-day period the closing bid price of the Company’s Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary.공시 • Nov 01Color Star Technology Co., Ltd. announced delayed 20-F filingOn 10/31/2023, Color Star Technology Co., Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.모든 업데이트 보기Recent updatesNew Risk • May 31New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 205x increase in shares outstanding). Market cap is less than US$10m (US$2.77m market cap). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).New Risk • Mar 15New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.18m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 1379x increase in shares outstanding). Market cap is less than US$10m (US$9.18m market cap).Board Change • Jan 30High number of new directorsChairwoman of the Board Chloe Zhou Parker was the last director to join the board, commencing their role in 2025.공시 • Oct 31Zeta Network Group announced delayed 20-F filingOn 10/30/2025, Zeta Network Group announced that they will be unable to file their next 20-F by the deadline required by the SEC.공시 • Oct 10+ 1 more updateZeta Network Group Appoints Patrick Ngan as Chief Investment Officer, Effective on October 8, 2025Zeta Network Group announced the appointment of Patrick Ngan as Chief Investment Officer (CIO), effective on October 8, 2025. In this role, Mr. Ngan will oversee Zeta Network's global investment and institutional digital-asset treasury strategy, with a mandate to enhance compliance, institutional governance, risk management, and transparency consistent with U.S. public-company standards. Mr. Ngan is a seasoned executive with more than two decades of cross-border experience in investment banking, corporate finance, fintech, and blockchain infrastructure. Earlier in his career, he held senior positions in equity capital markets at UBS, ABN AMRO, and Huatai International, advising on IPOs, capital-markets transactions and M&A financings across Asia and the United States. As an entrepreneur, Mr. Ngan co-founded Nova Vision Acquisition Corp. and successfully led its IPO on Nasdaq, culminating in a landmark business combination in 2024. He also co-founded and served as CEO of Alchemy Pay, a cryptocurrency payment platform bridging fiat and digital payments globally, and co-founded QFPay International, a leading digital-payment solutions provider with operations across Asia and the Middle East. Mr. Ngan holds an Executive Management diploma from the Graduate School of Business, Stanford University, an MSc. in Accounting and Finance from the University of Southampton, UK, and a BA (Hons.) in Accounting and Finance from the University of Plymouth, UK. As Chief Investment Officer, Mr. Ngan will lead key initiatives including Governance & Compliance establishing board-approved investment policies, valuation frameworks, and standards aligned with U.S. regulatory public-company requirements; Institutional Partnerships expanding relationships with asset managers, custodians, and execution venues to enhance transparency, liquidity and scalability; Strategic Capital Formation — driving cross-border financing, M&A, and capital-markets initiatives to support Zeta Network's long-term growth and integration strategy.공시 • Oct 08Zeta Network Group has filed a Follow-on Equity Offering in the amount of $14.9645 million.Zeta Network Group has filed a Follow-on Equity Offering in the amount of $14.9645 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 800,000 Price\Range: $1 Discount Per Security: $0.07 Security Name: Pre-Funded Warrants Security Type: Equity Warrant Securities Offered: 14,200,000 Price\Range: $0.9975 Discount Per Security: $0.069825 Transaction Features: Registered Direct Offering공시 • Aug 15Color Star Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of $6.412 million.Color Star Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of $6.412 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 11,450,000 Price\Range: $0.56 Discount Per Security: $0.0364분석 기사 • Jul 01Would Color Star Technology (NASDAQ:ADD) Be Better Off With Less Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Jun 30First half 2025 earnings released: US$24.64 loss per share (vs US$86.27 loss in 1H 2024)First half 2025 results: US$24.64 loss per share. Net loss: US$22.8m (loss widened 8.0% from 1H 2024).공시 • Jun 06Color Star Technology Co., Ltd., Annual General Meeting, Jun 30, 2025Color Star Technology Co., Ltd., Annual General Meeting, Jun 30, 2025, at 10:00 China Standard Time. Location: bluehub, 5a, 5th floor, building b, suzhou center office tower, no., 88 suxiu road, suzhou industrial park, suzhou, jiangsu, ChinaNew Risk • May 05New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 36% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 11x increase in shares outstanding). Market cap is less than US$10m (US$1.98m market cap). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (US$2.8m revenue).New Risk • Apr 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 36% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 11x increase in shares outstanding). Market cap is less than US$10m (US$2.09m market cap). Minor Risk Revenue is less than US$5m (US$2.8m revenue).공시 • Nov 21Color Star Technology Receives Nasdaq Notification Letter Regarding Bid Price DeficiencyColor Star Technology Co., Ltd. announced that on November 14, 2024, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until May 13, 2025 to regain compliance. If at any time during such 180-day period the closing bid price of the Company’s Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary.New Risk • Nov 17New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 131% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). Earnings have declined by 36% per year over the past 5 years. Shareholders have been substantially diluted in the past year (131% increase in shares outstanding). Market cap is less than US$10m (US$2.86m market cap). Minor Risk Revenue is less than US$5m (US$2.8m revenue).New Risk • Oct 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.93m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (38% average weekly change). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (471% increase in shares outstanding). Market cap is less than US$10m (US$9.93m market cap). Minor Risk Revenue is less than US$5m (US$1.1m revenue).공시 • Sep 05Color Star Technology Co., Ltd., Annual General Meeting, Sep 29, 2024Color Star Technology Co., Ltd., Annual General Meeting, Sep 29, 2024, at 10:00 China Standard Time. Location: room 1801, north part, building 122, nanhudongyuan room 1801, building b, botaiguoji, chaoyang district, beijing, prc, 100102., ChinaNew Risk • Aug 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$4.0m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (435% increase in shares outstanding). Minor Risks Revenue is less than US$5m (US$1.1m revenue). Market cap is less than US$100m (US$18.4m market cap).New Risk • Jun 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 56% per year over the past 5 years. Shareholders have been substantially diluted in the past year (148% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (US$4.98m market cap). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change).Board Change • Jan 31High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 5 experienced directors. No highly experienced directors. Independent Director Hung-Jen Kuo is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Nov 22+ 1 more updateColor Star Technology Co., Ltd. announced that it expects to receive $0.5 million in funding from Vast Ocean Inc.Color Star Technology Co., Ltd. announced that it has entered into a certain securities purchase agreement with returning investor, Vast Ocean Inc., pursuant to which the company agreed to sell 2,000,000 Class A ordinary shares par value of $0.04 per share, at a per share purchase price of $0.25 for the aggregate gross proceeds of $500,000, before deducting any fees or expenses on November 20, 2023. The issuance of the Shares is in reliance on exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.공시 • Nov 17Color Star Technology Receives Nasdaq Notification Letter Regarding Bid Price DeficiencyColor Star Technology Co., Ltd. announced that on November 14, 2023, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until May 13, 2024 to regain compliance. If at any time during such 180-day period the closing bid price of the Company’s Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary.공시 • Nov 10+ 1 more updateColor Star Technology Co., Ltd. announced that it expects to receive $0.28 million in funding from Vast Ocean Inc.Color Star Technology Co., Ltd. announced that it has entered into a securities purchase agreement to issue 1,120,000 class A ordinary shares at a price of $0.25 per share for the gross proceeds of $280,000 on November 8, 2023. The transaction has been approved by the audit committee of the board of directors of the company consisting only of independent directors. The transaction will include participation from new investor, Vast Ocean Inc..공시 • Nov 01Color Star Technology Co., Ltd. announced delayed 20-F filingOn 10/31/2023, Color Star Technology Co., Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.공시 • Oct 19Color Star Technology Co., Ltd. Launches an AI Virtual BandColor Star Technology Co., Ltd. announced that its artificial intelligence (AI) virtual band plans to release its first digital music album, "Color World" around November 2023. The "Vibrant Music Collective" is birthed from AI music technology developed by the Company's team. Every band member is designed using AI technology and the entire performance is also conducted through AI technology. The planned debut album "Color World" includes 12 songs of different musical styles. The Company has purchased and registered the copyrights to the lyrics and songs on the album.공시 • Oct 11+ 1 more updateColor Star Technology Co., Ltd. entered a letter of intent to acquire Yi Ti Technology Ltd.Color Star Technology Co., Ltd. (NasdaqCM:ADD) entered a letter of intent to acquire Yi Ti Technology Ltd. on October 9, 2023. Completion of the transaction is subject to due diligence investigations by the relevant parties, the negotiation and execution of a definitive agreement, satisfaction of the conditions negotiated therein including the approval of the Company's Board of Directors, and the satisfaction of other customary closing conditions.New Risk • Oct 01New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.76m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 67% per year over the past 5 years. Market cap is less than US$10m (US$9.76m market cap). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (46% increase in shares outstanding).공시 • Sep 13Color Star Technology Co., Ltd. (NasdaqCM:ADD) entered into a non-binding letter of intent to acquire 60% stake in JingXiang (Australia) Pty. Ltd.Color Star Technology Co., Ltd. (NasdaqCM:ADD) entered into a non-binding letter of intent to acquire 60% stake in JingXiang (Australia) Pty. Ltd. on September 12, 2023.Transaction is subject to completion of the transaction is subject to due diligence investigations by the relevant parties, the negotiation and execution of a definitive agreement, satisfaction of the conditions negotiated including the approval of the Company's Board of Directors and the satisfaction of other customary closing conditions.공시 • Jul 13Color Star Technology Co., Ltd. announced that it has received $1.02 million in funding from Streeterville Capital, LLCColor Star Technology Co., Ltd. announced that it has entered into a securities purchase agreement with new investor Streeterville Capital, LLC on July 11, 2023. The company will issue an unsecured promissory note in the original principal amount of $1,100,000.00 for gross proceeds of $1,020,000 in the transaction. The promissory note will be convertible into Class A ordinary shares, $0.04 par value per share, of the company. The note bears a simple interest at a rate of 8% per annum. All outstanding principal and accrued interest on the note will become due and payable twelve months after the purchase price of the note is delivered by investor to the company. The net proceeds received by the company in transaction is $1,000,000 after deducting original issue discount of $80,000 along with $20,000 for Investor’s fees, costs and other transaction expenses incurred in connection with the purchase and sale of the note. The company may prepay all or a portion of the note at any time by paying 120% of the outstanding balance elected for pre-payment. The Investor has the right to redeem the note at any time after the date that is six months from the purchase price date by providing the company with a redemption notice. The company has a option to redeem the promissory note in cash or ordinary shares of the company. In case of default, the interest rate shall accrue on the outstanding balance at the rate equal to the lesser of 18% per annum or the maximum rate permitted under applicable law. The issuances of the note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933.New Risk • Jun 18New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 67% per year over the past 5 years. Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$14.0m market cap).공시 • Feb 18+ 1 more updateColor Star Technology Co., Ltd. Announces Board ChangesMr. Farhan Qadir, the Chief Executive Officer of Color Star Technology Co., Ltd. and a director of the board of directors of the company, notified the company of his resignation as director for personal reasons, effective February 14, 2023. Effective February 14, 2023, the board of directors of the company appointed Mr. Louis Luo as director of the Board to fill the vacancies created by Mr. Qadir's resignation. Mr. Louis Luo, has served as the Branch Manager of Beijing Zhongke Jinde Health Management Co. from March 2021 to November 2022. From September 2016 to November 2019, Mr. Luo served as Director of Events of MingAi International Guangzhou. From June 2014 to July 2017, Mr. Luo served as Operations Director of Golden Ocean Travel, Dubai Branch. Mr. Luo obtained his bachelor's degree in Production Automation Process and Electrical Engineering and Automation from Central South University.공시 • Feb 17Color Star Technology Co., Ltd., Annual General Meeting, Mar 24, 2023Color Star Technology Co., Ltd., Annual General Meeting, Mar 24, 2023, at 09:00 US Eastern Standard Time. Location: at Angsana Hangzhou Hotel, No. 21 Zijingang Road, Xihu District Hangzhou China Agenda: To consider and vote upon a proposal to alter the share capital of the Company; to consider Fifth Amended and Restated Memorandum of Association and Articles of Association of the Company; to approve and adopt the Company’s 2023 Equity Incentive Plan and all transactions contemplated thereunder; to elect and/or re-elect, as applicable, Wei Zhang, Louis Luo, Ahmad Khalfan Ahmad Saeed Almansoori, Hung-Jen Kuo, Honglei Jiang, Ahmed Essa Mohammad Saleh and Muhammad Irfan to serve on the Board until their death, resignation, or removal; to ratify the appointment of Audit Alliance LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2023; and to consider and take action upon such other matters as may properly come before the Annual General Meeting or any adjournment or postponement thereof.Board Change • Jan 31Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Hung-Jen Kuo is the most experienced director on the board, commencing their role in 2020. Independent Director Honglei Jiang was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.공시 • Jan 07Color Star Technology Co., Ltd. Announces Board and Committee ChangesColor Star Technology Co., Ltd. announced that Mr. Long Yi, an independent director, chairman of the audit committee of the board of directors of the Company (the ‘Board’), member of the corporate governance & nominating committee and compensation committee of the Board, notified the Company of his resignation as a director for personal reasons, effective January 4, 2023. Mr. Yi’s resignation from the Board was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. Effective on January 4, 2023, the board of directors of the Company appointed Mr. Honglei Jiang as an independent director of the Board, chairman of the audit committee of the Board, member of the corporate governance & nominating committee and compensation committee of the Board to fill the vacancies created by Mr. Yi’s resignation. Mr. Honglei Jiang, has served as the chairman of the board of Beijing Huaihao Education Consulting Co., Ltd. since 2020. From 2017 to 2020, Mr. Jiang served as chief executive officer of Deyi Financial Leasing Co., Ltd. From February 2015 to December 2016, Mr. Jiang served as executive vice president of Kunsheng Financial Leasing Co., Ltd. Mr. Jiang earned his master’s degree in investment economics from Dongbei University of Finance & Economics in 2008, and obtained his bachelor’s degree in economics from Changchun University of Science and Technology in 2005.Seeking Alpha • Oct 20Color Star Technology enters cooperation pact for Color World MetaverseColor Star Technology (NASDAQ:CSCW) subsidiary Color Metaverse on Thursday has signed a strategic cooperation pact with A-NEX Korea, a Korean company, in Dubai. The two sides will focus on further cooperation around the DONO Phone and the ColorWorld Metaverse. The two sides will formally discuss and develop cyber security technologies, metaverse project, and metaverse mobile communication strategy. Color Star will create a metaverse headquarter for it, and will also include A-NEX projects along with it in the future. In addition, A-NEX will also provide cyber security technology to Color Star to strengthen the metaverse software application together with Color Star's technical team.Seeking Alpha • Oct 11Color Star Technology gains on regaining compliance with Nasdaq minimum bid price requirementColor Star Technology (NASDAQ:CSCW) received letter from Nasdaq notifying the company that has regained compliance with the minimum $1.00 bid price per share requirement. The Company was first notified by Nasdaq of its failure to maintain a minimum bid price on October 27, 2021. Shares are up 1.55% premarket.Buying Opportunity • Sep 15Now 43% undervalued after recent price dropOver the last 90 days, the stock is down 45%. The fair value is estimated to be US$0.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 36% over the last 3 years. Earnings per share has grown by 86%.Seeking Alpha • Sep 15Color Star Technology declines 45% on $5.6M direct placementColor Star Technology (NASDAQ:CSCW) has entered into a securities purchase agreement with certain institutional investors for a registered direct offering of ordinary shares and warrants. Each unit consists of one ordinary share and one warrant to purchase one ordinary share. The purchase price per unit is $0.08. Gross proceeds will be ~$5.6M. Company will issue to the investors an aggregate of 70M shares and warrants. Placement is expected to occur on or about September 19, 2022. Stock drops 45% pre-market.Seeking Alpha • Sep 06Color star technology and global digital club forms strategic partnership with metaverse digital economy as the focusColor Star Technology is an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry. Color Star Technology has recently signed an official strategic partnership agreement with Global Digital Club ("GDC"). This partnership will jointly develop a series of related digital businesses in [Color World_Metaverse]. Global Digital Club is a world-renowned professional digital investment club, with members including global elites and top executives from leading companies around the world. CEO of Color Star, Farhan Qadir said: "Color Star has always viewed smart intelligence as its technical core, and while we continue to develop the entertainment metaverse, The partnership with GDC will not only allow us to progress further with our digital economy, but also allow Color Star to attract more partners. Source: Press ReleaseBoard Change • Aug 17Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Hung-Jen Kuo is the most experienced director on the board, commencing their role in 2020. Independent Director Leo Yi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Seeking Alpha • Aug 10Color Star Technology names Farhan Qadir as CEOColor Star Technology (NASDAQ:CSCW) announced that Farhan Qadir will be the new CEO and will be in charge of the company's various businesses and operations. Mr. Qadir will also be bringing in his own global resource network in order to build a "smart technology" oriented entertainment company Farhan Qadir is a global connector, entrepreneur, and business advisor. Mr. Farhan Qadir established and currently owns several fashion and entertainment companies in Dubai. Stock +2.3% during pre-market hours.분석 기사 • Jul 22A Look At The Fair Value Of Color Star Technology Co., Ltd. (NASDAQ:CSCW)Today we will run through one way of estimating the intrinsic value of Color Star Technology Co., Ltd. ( NASDAQ:CSCW...Reported Earnings • Jul 01First half 2022 earnings released: US$0.004 loss per share (vs US$0.11 loss in 1H 2021)First half 2022 results: US$0.004 loss per share (up from US$0.11 loss in 1H 2021). Revenue: US$9.43m (up 305% from 1H 2021). Net loss: US$540.3k (loss narrowed 89% from 1H 2021).Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 4 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Hung-Jen Kuo is the most experienced director on the board, commencing their role in 2020. Independent Director Leo Yi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • Apr 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 4 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Hung-Jen Kuo is the most experienced director on the board, commencing their role in 2020. Independent Director Leo Yi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.재무 상태 분석단기부채: ZNB 의 단기 자산 ( $3.7M )은 단기 부채( $12.5M ).장기 부채: ZNB에는 장기 부채가 없습니다.부채/자본 비율 추이 및 분석부채 수준: ZNB 의 순부채 대 자기자본 비율( 14% )은 satisfactory로 간주됩니다.부채 감소: ZNB의 부채 대비 자본 비율은 지난 5년 동안 0%에서 18.6%로 증가했습니다.대차대조표현금 보유 기간 분석과거에 평균적으로 손실을 기록해 온 기업의 경우, 최소 1년 이상의 현금 보유 기간이 있는지 평가합니다.안정적인 현금 활주로: ZNB 의 현재 여유 현금 흐름을 기준으로 충분한 현금 활주로가 있는지 판단하기에는 데이터가 부족합니다.예측 현금 활주로: ZNB 의 여유 현금 흐름이 역사적 비율에 따라 계속 증가하거나 감소하는 경우 충분한 현금 활주로가 있는지 판단하기에는 데이터가 부족합니다.건전한 기업 찾아보기7D1Y7D1Y7D1YConsumer-services 산업의 건실한 기업.View Dividend기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/12 16:14종가2026/06/12 00:00수익2025/06/30연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Zeta Network Group는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hunter DiamondDiamond Equity Research LLCKun TaoRoth Capital PartnersJodi DaiSeaport Research Partners
공시 • Oct 31Zeta Network Group announced delayed 20-F filingOn 10/30/2025, Zeta Network Group announced that they will be unable to file their next 20-F by the deadline required by the SEC.
분석 기사 • Jul 01Would Color Star Technology (NASDAQ:ADD) Be Better Off With Less Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • Nov 21Color Star Technology Receives Nasdaq Notification Letter Regarding Bid Price DeficiencyColor Star Technology Co., Ltd. announced that on November 14, 2024, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until May 13, 2025 to regain compliance. If at any time during such 180-day period the closing bid price of the Company’s Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary.
공시 • Nov 17Color Star Technology Receives Nasdaq Notification Letter Regarding Bid Price DeficiencyColor Star Technology Co., Ltd. announced that on November 14, 2023, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until May 13, 2024 to regain compliance. If at any time during such 180-day period the closing bid price of the Company’s Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary.
공시 • Nov 01Color Star Technology Co., Ltd. announced delayed 20-F filingOn 10/31/2023, Color Star Technology Co., Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.
New Risk • May 31New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 205x increase in shares outstanding). Market cap is less than US$10m (US$2.77m market cap). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).
New Risk • Mar 15New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.18m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 1379x increase in shares outstanding). Market cap is less than US$10m (US$9.18m market cap).
Board Change • Jan 30High number of new directorsChairwoman of the Board Chloe Zhou Parker was the last director to join the board, commencing their role in 2025.
공시 • Oct 31Zeta Network Group announced delayed 20-F filingOn 10/30/2025, Zeta Network Group announced that they will be unable to file their next 20-F by the deadline required by the SEC.
공시 • Oct 10+ 1 more updateZeta Network Group Appoints Patrick Ngan as Chief Investment Officer, Effective on October 8, 2025Zeta Network Group announced the appointment of Patrick Ngan as Chief Investment Officer (CIO), effective on October 8, 2025. In this role, Mr. Ngan will oversee Zeta Network's global investment and institutional digital-asset treasury strategy, with a mandate to enhance compliance, institutional governance, risk management, and transparency consistent with U.S. public-company standards. Mr. Ngan is a seasoned executive with more than two decades of cross-border experience in investment banking, corporate finance, fintech, and blockchain infrastructure. Earlier in his career, he held senior positions in equity capital markets at UBS, ABN AMRO, and Huatai International, advising on IPOs, capital-markets transactions and M&A financings across Asia and the United States. As an entrepreneur, Mr. Ngan co-founded Nova Vision Acquisition Corp. and successfully led its IPO on Nasdaq, culminating in a landmark business combination in 2024. He also co-founded and served as CEO of Alchemy Pay, a cryptocurrency payment platform bridging fiat and digital payments globally, and co-founded QFPay International, a leading digital-payment solutions provider with operations across Asia and the Middle East. Mr. Ngan holds an Executive Management diploma from the Graduate School of Business, Stanford University, an MSc. in Accounting and Finance from the University of Southampton, UK, and a BA (Hons.) in Accounting and Finance from the University of Plymouth, UK. As Chief Investment Officer, Mr. Ngan will lead key initiatives including Governance & Compliance establishing board-approved investment policies, valuation frameworks, and standards aligned with U.S. regulatory public-company requirements; Institutional Partnerships expanding relationships with asset managers, custodians, and execution venues to enhance transparency, liquidity and scalability; Strategic Capital Formation — driving cross-border financing, M&A, and capital-markets initiatives to support Zeta Network's long-term growth and integration strategy.
공시 • Oct 08Zeta Network Group has filed a Follow-on Equity Offering in the amount of $14.9645 million.Zeta Network Group has filed a Follow-on Equity Offering in the amount of $14.9645 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 800,000 Price\Range: $1 Discount Per Security: $0.07 Security Name: Pre-Funded Warrants Security Type: Equity Warrant Securities Offered: 14,200,000 Price\Range: $0.9975 Discount Per Security: $0.069825 Transaction Features: Registered Direct Offering
공시 • Aug 15Color Star Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of $6.412 million.Color Star Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of $6.412 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 11,450,000 Price\Range: $0.56 Discount Per Security: $0.0364
분석 기사 • Jul 01Would Color Star Technology (NASDAQ:ADD) Be Better Off With Less Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Jun 30First half 2025 earnings released: US$24.64 loss per share (vs US$86.27 loss in 1H 2024)First half 2025 results: US$24.64 loss per share. Net loss: US$22.8m (loss widened 8.0% from 1H 2024).
공시 • Jun 06Color Star Technology Co., Ltd., Annual General Meeting, Jun 30, 2025Color Star Technology Co., Ltd., Annual General Meeting, Jun 30, 2025, at 10:00 China Standard Time. Location: bluehub, 5a, 5th floor, building b, suzhou center office tower, no., 88 suxiu road, suzhou industrial park, suzhou, jiangsu, China
New Risk • May 05New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 36% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 11x increase in shares outstanding). Market cap is less than US$10m (US$1.98m market cap). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (US$2.8m revenue).
New Risk • Apr 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 36% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 11x increase in shares outstanding). Market cap is less than US$10m (US$2.09m market cap). Minor Risk Revenue is less than US$5m (US$2.8m revenue).
공시 • Nov 21Color Star Technology Receives Nasdaq Notification Letter Regarding Bid Price DeficiencyColor Star Technology Co., Ltd. announced that on November 14, 2024, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until May 13, 2025 to regain compliance. If at any time during such 180-day period the closing bid price of the Company’s Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary.
New Risk • Nov 17New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 131% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). Earnings have declined by 36% per year over the past 5 years. Shareholders have been substantially diluted in the past year (131% increase in shares outstanding). Market cap is less than US$10m (US$2.86m market cap). Minor Risk Revenue is less than US$5m (US$2.8m revenue).
New Risk • Oct 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.93m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (38% average weekly change). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (471% increase in shares outstanding). Market cap is less than US$10m (US$9.93m market cap). Minor Risk Revenue is less than US$5m (US$1.1m revenue).
공시 • Sep 05Color Star Technology Co., Ltd., Annual General Meeting, Sep 29, 2024Color Star Technology Co., Ltd., Annual General Meeting, Sep 29, 2024, at 10:00 China Standard Time. Location: room 1801, north part, building 122, nanhudongyuan room 1801, building b, botaiguoji, chaoyang district, beijing, prc, 100102., China
New Risk • Aug 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$4.0m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (435% increase in shares outstanding). Minor Risks Revenue is less than US$5m (US$1.1m revenue). Market cap is less than US$100m (US$18.4m market cap).
New Risk • Jun 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 56% per year over the past 5 years. Shareholders have been substantially diluted in the past year (148% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (US$4.98m market cap). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change).
Board Change • Jan 31High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 5 experienced directors. No highly experienced directors. Independent Director Hung-Jen Kuo is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Nov 22+ 1 more updateColor Star Technology Co., Ltd. announced that it expects to receive $0.5 million in funding from Vast Ocean Inc.Color Star Technology Co., Ltd. announced that it has entered into a certain securities purchase agreement with returning investor, Vast Ocean Inc., pursuant to which the company agreed to sell 2,000,000 Class A ordinary shares par value of $0.04 per share, at a per share purchase price of $0.25 for the aggregate gross proceeds of $500,000, before deducting any fees or expenses on November 20, 2023. The issuance of the Shares is in reliance on exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.
공시 • Nov 17Color Star Technology Receives Nasdaq Notification Letter Regarding Bid Price DeficiencyColor Star Technology Co., Ltd. announced that on November 14, 2023, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until May 13, 2024 to regain compliance. If at any time during such 180-day period the closing bid price of the Company’s Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary.
공시 • Nov 10+ 1 more updateColor Star Technology Co., Ltd. announced that it expects to receive $0.28 million in funding from Vast Ocean Inc.Color Star Technology Co., Ltd. announced that it has entered into a securities purchase agreement to issue 1,120,000 class A ordinary shares at a price of $0.25 per share for the gross proceeds of $280,000 on November 8, 2023. The transaction has been approved by the audit committee of the board of directors of the company consisting only of independent directors. The transaction will include participation from new investor, Vast Ocean Inc..
공시 • Nov 01Color Star Technology Co., Ltd. announced delayed 20-F filingOn 10/31/2023, Color Star Technology Co., Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.
공시 • Oct 19Color Star Technology Co., Ltd. Launches an AI Virtual BandColor Star Technology Co., Ltd. announced that its artificial intelligence (AI) virtual band plans to release its first digital music album, "Color World" around November 2023. The "Vibrant Music Collective" is birthed from AI music technology developed by the Company's team. Every band member is designed using AI technology and the entire performance is also conducted through AI technology. The planned debut album "Color World" includes 12 songs of different musical styles. The Company has purchased and registered the copyrights to the lyrics and songs on the album.
공시 • Oct 11+ 1 more updateColor Star Technology Co., Ltd. entered a letter of intent to acquire Yi Ti Technology Ltd.Color Star Technology Co., Ltd. (NasdaqCM:ADD) entered a letter of intent to acquire Yi Ti Technology Ltd. on October 9, 2023. Completion of the transaction is subject to due diligence investigations by the relevant parties, the negotiation and execution of a definitive agreement, satisfaction of the conditions negotiated therein including the approval of the Company's Board of Directors, and the satisfaction of other customary closing conditions.
New Risk • Oct 01New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.76m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 67% per year over the past 5 years. Market cap is less than US$10m (US$9.76m market cap). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (46% increase in shares outstanding).
공시 • Sep 13Color Star Technology Co., Ltd. (NasdaqCM:ADD) entered into a non-binding letter of intent to acquire 60% stake in JingXiang (Australia) Pty. Ltd.Color Star Technology Co., Ltd. (NasdaqCM:ADD) entered into a non-binding letter of intent to acquire 60% stake in JingXiang (Australia) Pty. Ltd. on September 12, 2023.Transaction is subject to completion of the transaction is subject to due diligence investigations by the relevant parties, the negotiation and execution of a definitive agreement, satisfaction of the conditions negotiated including the approval of the Company's Board of Directors and the satisfaction of other customary closing conditions.
공시 • Jul 13Color Star Technology Co., Ltd. announced that it has received $1.02 million in funding from Streeterville Capital, LLCColor Star Technology Co., Ltd. announced that it has entered into a securities purchase agreement with new investor Streeterville Capital, LLC on July 11, 2023. The company will issue an unsecured promissory note in the original principal amount of $1,100,000.00 for gross proceeds of $1,020,000 in the transaction. The promissory note will be convertible into Class A ordinary shares, $0.04 par value per share, of the company. The note bears a simple interest at a rate of 8% per annum. All outstanding principal and accrued interest on the note will become due and payable twelve months after the purchase price of the note is delivered by investor to the company. The net proceeds received by the company in transaction is $1,000,000 after deducting original issue discount of $80,000 along with $20,000 for Investor’s fees, costs and other transaction expenses incurred in connection with the purchase and sale of the note. The company may prepay all or a portion of the note at any time by paying 120% of the outstanding balance elected for pre-payment. The Investor has the right to redeem the note at any time after the date that is six months from the purchase price date by providing the company with a redemption notice. The company has a option to redeem the promissory note in cash or ordinary shares of the company. In case of default, the interest rate shall accrue on the outstanding balance at the rate equal to the lesser of 18% per annum or the maximum rate permitted under applicable law. The issuances of the note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933.
New Risk • Jun 18New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 67% per year over the past 5 years. Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$14.0m market cap).
공시 • Feb 18+ 1 more updateColor Star Technology Co., Ltd. Announces Board ChangesMr. Farhan Qadir, the Chief Executive Officer of Color Star Technology Co., Ltd. and a director of the board of directors of the company, notified the company of his resignation as director for personal reasons, effective February 14, 2023. Effective February 14, 2023, the board of directors of the company appointed Mr. Louis Luo as director of the Board to fill the vacancies created by Mr. Qadir's resignation. Mr. Louis Luo, has served as the Branch Manager of Beijing Zhongke Jinde Health Management Co. from March 2021 to November 2022. From September 2016 to November 2019, Mr. Luo served as Director of Events of MingAi International Guangzhou. From June 2014 to July 2017, Mr. Luo served as Operations Director of Golden Ocean Travel, Dubai Branch. Mr. Luo obtained his bachelor's degree in Production Automation Process and Electrical Engineering and Automation from Central South University.
공시 • Feb 17Color Star Technology Co., Ltd., Annual General Meeting, Mar 24, 2023Color Star Technology Co., Ltd., Annual General Meeting, Mar 24, 2023, at 09:00 US Eastern Standard Time. Location: at Angsana Hangzhou Hotel, No. 21 Zijingang Road, Xihu District Hangzhou China Agenda: To consider and vote upon a proposal to alter the share capital of the Company; to consider Fifth Amended and Restated Memorandum of Association and Articles of Association of the Company; to approve and adopt the Company’s 2023 Equity Incentive Plan and all transactions contemplated thereunder; to elect and/or re-elect, as applicable, Wei Zhang, Louis Luo, Ahmad Khalfan Ahmad Saeed Almansoori, Hung-Jen Kuo, Honglei Jiang, Ahmed Essa Mohammad Saleh and Muhammad Irfan to serve on the Board until their death, resignation, or removal; to ratify the appointment of Audit Alliance LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2023; and to consider and take action upon such other matters as may properly come before the Annual General Meeting or any adjournment or postponement thereof.
Board Change • Jan 31Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Hung-Jen Kuo is the most experienced director on the board, commencing their role in 2020. Independent Director Honglei Jiang was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
공시 • Jan 07Color Star Technology Co., Ltd. Announces Board and Committee ChangesColor Star Technology Co., Ltd. announced that Mr. Long Yi, an independent director, chairman of the audit committee of the board of directors of the Company (the ‘Board’), member of the corporate governance & nominating committee and compensation committee of the Board, notified the Company of his resignation as a director for personal reasons, effective January 4, 2023. Mr. Yi’s resignation from the Board was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. Effective on January 4, 2023, the board of directors of the Company appointed Mr. Honglei Jiang as an independent director of the Board, chairman of the audit committee of the Board, member of the corporate governance & nominating committee and compensation committee of the Board to fill the vacancies created by Mr. Yi’s resignation. Mr. Honglei Jiang, has served as the chairman of the board of Beijing Huaihao Education Consulting Co., Ltd. since 2020. From 2017 to 2020, Mr. Jiang served as chief executive officer of Deyi Financial Leasing Co., Ltd. From February 2015 to December 2016, Mr. Jiang served as executive vice president of Kunsheng Financial Leasing Co., Ltd. Mr. Jiang earned his master’s degree in investment economics from Dongbei University of Finance & Economics in 2008, and obtained his bachelor’s degree in economics from Changchun University of Science and Technology in 2005.
Seeking Alpha • Oct 20Color Star Technology enters cooperation pact for Color World MetaverseColor Star Technology (NASDAQ:CSCW) subsidiary Color Metaverse on Thursday has signed a strategic cooperation pact with A-NEX Korea, a Korean company, in Dubai. The two sides will focus on further cooperation around the DONO Phone and the ColorWorld Metaverse. The two sides will formally discuss and develop cyber security technologies, metaverse project, and metaverse mobile communication strategy. Color Star will create a metaverse headquarter for it, and will also include A-NEX projects along with it in the future. In addition, A-NEX will also provide cyber security technology to Color Star to strengthen the metaverse software application together with Color Star's technical team.
Seeking Alpha • Oct 11Color Star Technology gains on regaining compliance with Nasdaq minimum bid price requirementColor Star Technology (NASDAQ:CSCW) received letter from Nasdaq notifying the company that has regained compliance with the minimum $1.00 bid price per share requirement. The Company was first notified by Nasdaq of its failure to maintain a minimum bid price on October 27, 2021. Shares are up 1.55% premarket.
Buying Opportunity • Sep 15Now 43% undervalued after recent price dropOver the last 90 days, the stock is down 45%. The fair value is estimated to be US$0.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 36% over the last 3 years. Earnings per share has grown by 86%.
Seeking Alpha • Sep 15Color Star Technology declines 45% on $5.6M direct placementColor Star Technology (NASDAQ:CSCW) has entered into a securities purchase agreement with certain institutional investors for a registered direct offering of ordinary shares and warrants. Each unit consists of one ordinary share and one warrant to purchase one ordinary share. The purchase price per unit is $0.08. Gross proceeds will be ~$5.6M. Company will issue to the investors an aggregate of 70M shares and warrants. Placement is expected to occur on or about September 19, 2022. Stock drops 45% pre-market.
Seeking Alpha • Sep 06Color star technology and global digital club forms strategic partnership with metaverse digital economy as the focusColor Star Technology is an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry. Color Star Technology has recently signed an official strategic partnership agreement with Global Digital Club ("GDC"). This partnership will jointly develop a series of related digital businesses in [Color World_Metaverse]. Global Digital Club is a world-renowned professional digital investment club, with members including global elites and top executives from leading companies around the world. CEO of Color Star, Farhan Qadir said: "Color Star has always viewed smart intelligence as its technical core, and while we continue to develop the entertainment metaverse, The partnership with GDC will not only allow us to progress further with our digital economy, but also allow Color Star to attract more partners. Source: Press Release
Board Change • Aug 17Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Hung-Jen Kuo is the most experienced director on the board, commencing their role in 2020. Independent Director Leo Yi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Seeking Alpha • Aug 10Color Star Technology names Farhan Qadir as CEOColor Star Technology (NASDAQ:CSCW) announced that Farhan Qadir will be the new CEO and will be in charge of the company's various businesses and operations. Mr. Qadir will also be bringing in his own global resource network in order to build a "smart technology" oriented entertainment company Farhan Qadir is a global connector, entrepreneur, and business advisor. Mr. Farhan Qadir established and currently owns several fashion and entertainment companies in Dubai. Stock +2.3% during pre-market hours.
분석 기사 • Jul 22A Look At The Fair Value Of Color Star Technology Co., Ltd. (NASDAQ:CSCW)Today we will run through one way of estimating the intrinsic value of Color Star Technology Co., Ltd. ( NASDAQ:CSCW...
Reported Earnings • Jul 01First half 2022 earnings released: US$0.004 loss per share (vs US$0.11 loss in 1H 2021)First half 2022 results: US$0.004 loss per share (up from US$0.11 loss in 1H 2021). Revenue: US$9.43m (up 305% from 1H 2021). Net loss: US$540.3k (loss narrowed 89% from 1H 2021).
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 4 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Hung-Jen Kuo is the most experienced director on the board, commencing their role in 2020. Independent Director Leo Yi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • Apr 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 4 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Hung-Jen Kuo is the most experienced director on the board, commencing their role in 2020. Independent Director Leo Yi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.