Reported Earnings • Apr 05
Full year 2025 earnings released: US$7.13 loss per share (vs US$1.05 loss in FY 2024) Full year 2025 results: US$7.13 loss per share (further deteriorated from US$1.05 loss in FY 2024). Revenue: US$8.71m (up US$7.27m from FY 2024). Net loss: US$57.2m (loss widened US$55.1m from FY 2024). New Risk • Mar 29
New minor risk - Financial data availability The 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 (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 (312% increase in shares outstanding). Market cap is less than US$10m (US$8.19m market cap). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (US$4.9m revenue). New Risk • Feb 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 19% 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 (19% average weekly change). Earnings have declined by 36% per year over the past 5 years. Shareholders have been substantially diluted in the past year (312% increase in shares outstanding). Market cap is less than US$10m (US$5.73m market cap). Minor Risk Revenue is less than US$5m (US$4.9m revenue). Board Change • Oct 01
High number of new directors Independent Non-Executive Director Zhihua Chen was the last director to join the board, commencing their role in 2025. New Risk • Sep 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 37% per year over the past 5 years. Shareholders have been substantially diluted in the past year (312% increase in shares outstanding). Market cap is less than US$10m (US$9.17m market cap). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$4.9m revenue). Reported Earnings • Aug 18
Full year 2024 earnings released: US$1.05 loss per share (vs US$53.73 loss in FY 2023) Full year 2024 results: US$1.05 loss per share (improved from US$53.73 loss in FY 2023). Net loss: US$2.10m (loss narrowed 90% from FY 2023). Reported Earnings • Apr 11
Full year 2024 earnings released: US$1.05 loss per share (vs US$53.73 loss in FY 2023) Full year 2024 results: US$1.05 loss per share (improved from US$53.73 loss in FY 2023). Net loss: US$2.10m (loss narrowed 90% from FY 2023). New Risk • Nov 27
New major risk - Share price stability The 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 63% per year over the past 5 years. Shareholders have been substantially diluted in the past year (241% increase in shares outstanding). Revenue is less than US$1m (US$280k revenue). Market cap is less than US$10m (US$3.62m market cap). New Risk • Sep 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. 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$2.7m free cash flow). Earnings have declined by 63% per year over the past 5 years. Shareholders have been substantially diluted in the past year (241% increase in shares outstanding). Revenue is less than US$1m (US$280k revenue). Market cap is less than US$10m (US$3.89m market cap). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Board Change • Jul 29
Less than half of directors are independent There 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. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). President & Director Yimin Wu is the most experienced director on the board, commencing their role in 2020. Independent Director Shaoyang E. 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 experienced directors. Announcement • May 25
Infobird Co., Ltd Receives Notification from Nasdaq for Failure to Timely File Form 20-F Infobird Co. Ltd. ("Infobird" or the "Company") reported that as of May 16, 2024, it is delinquent in filing its annual report on Form 20-F for the fiscal year ended December 31, 2023 (the "2023 Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC"). The Company previously filed a Form 12b-25 with the SEC on April 29, 2024 for the late filing of the 2023 Form 20-F, pursuant to which the 2023 Form 20-F was due to be filed by May 15, 2024. The Company expects to file the 2023 Form 20-F once the Company's financial statements for the fiscal year ended December 31, 2023 are finalized. The Company also reports that on May 20, 2024, it received a notification letter from Nasdaq Listing Qualifications ("Nasdaq") stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) due to its failure to timely file the 2023 Form 20-F with the SEC. The Nasdaq notification letter provides the Company 60 calendar days from the date of the notification, or until July 19, 2024, to submit a plan to Nasdaq to regain compliance with the Nasdaq's continued listing requirements. If the plan is accepted, Nasdaq can grant an exception of up to 180 calendar days, or until November 11, 2024, for the Company to regain compliance. The Company may regain compliance at any time during this 180-day period by filing its 2023 Form 20-F. If Nasdaq does not accept the Company's compliance plan, the Company will have the opportunity to appeal that decision to a Hearings Panel under Nasdaq Listing Rule 5815(a). The Company intends to provide a plan of compliance to Nasdaq on or before July 19, 2024. The Nasdaq notification letter has no immediate effect on the listing of the Company's ordinary shares on the Nasdaq Stock Market. This announcement is made in compliance with Nasdaq Listing Rule 5810(b) which requires prompt disclosure of receipt of a deficiency notification. Announcement • Apr 30
Infobird Co., Ltd announced delayed 20-F filing On 04/29/2024, Infobird Co., Ltd announced that they will be unable to file their next 20-F by the deadline required by the SEC. Board Change • Mar 04
Less than half of directors are independent There 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. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). President & Director Yimin Wu is the most experienced director on the board, commencing their role in 2020. Independent Director Shaoyang E 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 experienced directors. Announcement • Oct 31
Infobird Co., Ltd, Annual General Meeting, Nov 15, 2023 Infobird Co., Ltd, Annual General Meeting, Nov 15, 2023, at 09:30 US Eastern Standard Time. Location: Unit 532A, 5/F, Core Building 2, No. 1 Science Park West Avenue, Hong Kong Science Park Tai Po Hong Kong Agenda: To consider and approve the Election of Director; to consider and approve to issue of existing ordinary shares; to consider and approve the amendment in Articles of Association; and to consider ratification of WWC P.C. as company's registered public accounting firm. Board Change • Oct 25
Less than half of directors are independent There 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. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). President & Director Yimin Wu is the most experienced director on the board, commencing their role in 2020. Independent Director Shaoyang E 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 experienced directors. Announcement • Sep 19
Infobird Announces Receipt of Delinquency Notification Letter from Nasdaq Regarding Non-Compliance with the Minimum Bid Price Requirement On September 18, 2023, Infobird Co. Ltd. announced that it received a delinquency notification letter (the ‘Notice’) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq’) on September 12, 2023 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company's ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice provides that the Company has a period of 180 calendar days from the date of the Notice, or until March 11, 2024, to regain compliance with the minimum bid price requirement. The Notice has no immediate effect on the listing of the Company's securities. Pursuant to the Notice, the Company has until March 11, 2024 to regain compliance with the minimum bid price requirement, during which time the Company's ordinary shares will continue to trade on the Nasdaq Capital Market. If at any time before March 11, 2024, the bid price of the Company's ordinary shares closes at or above $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written confirmation of compliance to the Company. In the event that the Company does not regain compliance by March 11, 2024, the Company may be eligible for additional time to regain compliance or may face delisting. The Company intends to monitor the closing bid price of its ordinary shares and will continue to consider its available options to address the deficiency during the compliance period. Announcement • Aug 18
CRservices Limited acquired Infobird International Limited from Infobird Co., Ltd (NasdaqCM:IFBD) for HKD 0.01 million. CRservices Limited acquired Infobird International Limited from Infobird Co., Ltd (NasdaqCM:IFBD) for HKD 0.01 million on August 11, 2023. The transaction was approved by board of directors of Infobird Co., Ltd.CRservices Limited completed the acquisition of Infobird International Limited from Infobird Co., Ltd (NasdaqCM:IFBD) on August 11, 2023. Announcement • Jul 25
Infobird Co., Ltd Announces Decision to Relocate Its Operations from Beijing to the Hong Kong Special Administrative Region Infobird Co. Ltd. announced its decision to relocate its operations from Beijing to the Hong Kong Special Administrative Region. This strategic move comes in response to the board of directors’ judgement of current business situation and economic environment, as well as the Company’s commitment to expand globally. Infobird will relocate its operations to Hong Kong and recruit more local employees in the region. Additionally, Infobird plans to proactively expand its presence in the global market and cater to the diverse needs of customers worldwide by establishing new offices in other key locations such as Singapore, other parts of Southeast Asia, and Europe. The relocation represents a significant step of the Company towards becoming a global player in the software-as-a-service (“SaaS”) industry. As part of its growth strategy, the Company will expand its business to focus on the SaaS segmented scenarios, particularly in the fields of finance, real estate and hotel management. By shifting its focus to high-margin market segments, Infobird aims to enhance its competitive advantage and generate positive cash flow. Announcement • Jun 01
Infobird Regains Compliance with Nasdaq Minimum Bid Price Requirement On May 31, 2023, Infobird Co. Ltd. announced that it received a notification letter (the ‘Notice’) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq’) on May 30, 2023 notifying the Company that it has regained compliance with the Nasdaq Capital Market's minimum bid price requirement and that the matter is now closed. On December 6, 2022, the Company was notified by Nasdaq of its failure to maintain a minimum closing bid price of at least $1.00 per share for 30 consecutive trading days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was given 180 days, or until June 5, 2023, to regain compliance. Effective May 15, 2023, the Company effected a 1-for-5 share consolidation. The Notice noted that as of May 30, 2023, the Company evidenced a closing bid price of its ordinary shares at or greater than $1.00 per share for at least 10 consecutive business days from May 15, 2023 through May 26, 2023. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and Nasdaq considers the matter closed. Reported Earnings • May 04
Full year 2022 earnings released: US$2.65 loss per share (vs US$2.96 loss in FY 2021) Full year 2022 results: US$2.65 loss per share. Revenue: US$5.51m (down 43% from FY 2021). Net loss: US$15.3m (loss widened 10% from FY 2021). Reported Earnings • Dec 11
First half 2022 earnings released: US$1.52 loss per share (vs US$1.39 loss in 1H 2021) First half 2022 results: US$1.52 loss per share (further deteriorated from US$1.39 loss in 1H 2021). Revenue: US$2.58m (down 43% from 1H 2021). Net loss: US$7.75m (loss widened 31% from 1H 2021). Announcement • Dec 09
Infobird Co., Ltd Announces Receipt of Delinquency Notification Letter from Nasdaq Infobird Co. Ltd. announced that it received a delinquency notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on December 6, 2022 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company's ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice provides that the Company has a period of 180 calendar days from the date of the Notice, or until June 5, 2023, to regain compliance with the minimum bid price requirement. The Notice has no immediate effect on the listing of the Company's securities. Pursuant to the Notice, the Company has until June 5, 2023 to regain compliance with the minimum bid price requirement, during which time the Company's ordinary shares will continue to trade on the Nasdaq Capital Market. If at any time before June 5, 2023, the bid price of the Company's ordinary shares closes at or above $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written confirmation of compliance to the Company. In the event that the Company does not regain compliance by June 5, 2023, the Company may be eligible for additional time to regain compliance or may face delisting. The Company intends to monitor the closing bid price of its ordinary shares and will continue to consider its available options to address the deficiency during the compliance period. Announcement • Nov 27
Infobird Co., Ltd announced that it expects to receive $12.5 million in funding Infobird Co., Ltd entered into a convertible note purchase agreement with an investor for gross proceeds of $12.5 million on November 25, 2022. The notes bears interest of 10% per annum payable on each anniversary of the issuance date and final repayment date. The notes will be convertible at the conversion price, at the option of a holder, into the company’s ordinary shares. Announcement • Nov 19
Infobird Co., Ltd Announces Resignation of Zhixiong Wang from Board of Directors Infobird Co. Ltd. announced that Mr. Zhixiong Wang, a former member of the Company’s board of directors, resigned from his positions as a member of the Board and as a member and the chair of the nominating and corporate governance committee of the Board for personal reasons, effective as of November 17, 2022. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Chairman of the Board & CEO Yimin Wu 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. Board Change • Nov 02
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Chairman of the Board & CEO Yimin Wu 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. Announcement • Oct 19
Infobird Co., Ltd Announces Executive Changes Infobird Co. Ltd. announced that on October 11, 2022, Harry D. Schulman notified the Company that he resigned from his positions as a member of the Board of Directors and as a member and the chair of the Audit Committee of the Board, all effective as of October 14, 2022. On October 14, 2022, Dongliang Jiang and Hanbin Xiao were removed from their positions as members of the Board, effectively immediately. On October 14, 2022, Qian Qu, Yi Ting Song and Cheuk Yee Li were appointed as members of the Board to fill such vacancies, and Qian Qu was appointed as a member and the chair of the Audit Committee of the Board, effectively immediately. The Board determined that Qian Qu satisfies the independence requirements of the applicable rules and standards of The Nasdaq Stock Market LLC and the Securities and Exchange Commission, and designated her as an “audit committee financial expert” as defined by the Securities and Exchange Commission. Qian Qu, age 36, has served as financial director of Beijing Yunyingbao Technology Ltd, an internet e-commerce company, since March 2020. From April 2016 to March 2020, Ms. Qu served as financial director of Jiangsu Seif Green Food Development Ltd, a trading company. From May 2015 to April 2016, Ms. Qu served as senior audit manager of KCCW Accountancy Corp, a public accounting and consulting firm. Ms. Qu received a Bachelor’s Degree in Accounting from Tsinghua University. Yi Ting Song, age 36, has served as vice president of the investment management department of Gujia (Beijing) Technology Co. Ltd., a technology company that focuses on investment banking and asset management, since July 2019. From November 2018 to March 2019, Ms. Song served as financial manager of Beijing Zhenyanlishe Trading Ltd, an internet e-commerce company. From April 2016 to October 2018, Ms. Song served as financial director of Beijing Weige investment Ltd, a company that provides investment management and consulting services. Ms. Song received a Bachelor’s Degree in Accounting from Tianjin University of Finance & Economics. Each of Qian Qu, Yi Ting Song and Cheuk Yee Li has no family relationships with any of the executive officers or directors of the Company. Announcement • Oct 10
Infobird Regains Compliance with Nasdaq Minimum Bid Price Requirement Infobird Co. Ltd. announced that it received a notification letter (the ‘Notice’) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq’) on October 6, 2022, notifying the company that it has regained compliance with the Nasdaq Capital Market's minimum bid price requirement and that the matter is now closed. On March 28, 2022, the Company was first notified by Nasdaq of its failure to maintain a minimum closing bid price of at least $1.00 per share for 30 consecutive trading days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was given 180 days, or until September 26, 2022, to regain compliance. On September 27, 2022, the Company received a 180-day extension from Nasdaq, or until March 27, 2023, to regain compliance. Effective September 9, 2022, the Company effected a 1-for-5 share consolidation. The Notice noted that as of October 6, 2022, the Company evidenced a closing bid price of its ordinary shares at or greater than $1.00 per share from September 9, 2022 through October 5, 2022. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and Nasdaq considers the matter closed. Board Change • Jul 29
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Chairman of the Board & CEO Yimin Wu 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. Announcement • May 26
Infobird Digital Engagement Solutions Help Dental Practices Grow and Modernize Infobird Co. Ltd. announced that it aims to transform how dental practices engage with patients throughout the whole customer journey. Infobird's provides software solutions that digitize and improve existing customer engagement processes that are core to many medical practices and allows medical professionals to focus their efforts on providing high quality health care, resulting in great experiences for patients. In order to quickly expand the Company's market opportunities, Infobird's go-to-market strategy focuses on certain strategical vertical industries such as retail and healthcare. In the healthcare industry, the Company has targeted the dental industry as one of the strategic sectors for growth and has since won business with many domestic leading dental brands. With the rapid rise of the dental industry in China and the strong foundation established by the Company in the past year, Infobird expects to grow its market share and influence in this industry. As a service scenario that attaches great importance to the offline person to person experience of customers, dental services are a personalized and customized service led by doctors. Many dental procedures can be complex and require several visits. Therefore, providing personalized service with the help of digital customer engagement is the key to long-term customer retention as well as the ability to attract new customers. However, the dental service's business process tends to be rather complex. From pre-diagnosis consultation, in-diagnosis service to post-diagnosis care, each process can involve a large number of service personnel and complex operations. Therefore, dental practices face many challenges, such as the inability to distinguish customer lead resources, low conversion rates, inconsistent service experience, and untimely follow-up. In response to the needs of the dental industry, Infobird offers digital customer engagement solutions to help dental offices target three major scenarios: marketing, customer service and management. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Chairman of the Board & CEO Yimin Wu 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. Announcement • Apr 01
Infobird Co., Ltd Announces Receipt of Delinquency Notification Letter from Nasdaq Infobird Co. Ltd. announced that it received a delinquency notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on March 28, 2022 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rules ("Listing Rules") for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company's ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice provides that the Company has a period of 180 calendar days from the date of the Notice, or until September 26, 2022, to regain compliance with the minimum bid price requirement. The Notice has no immediate effect on the listing of the Company's securities. Pursuant to the Notice, the Company has until September 26, 2022 to regain compliance with the minimum bid price requirement, during which time the Company's ordinary shares will continue to trade on the Nasdaq Capital Market. If at any time before September 26, 2022, the bid price of the Company's ordinary shares closes at or above $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written confirmation of compliance to the Company. In the event that the Company does not regain compliance by September 26, 2022, the Company may be eligible for additional time to regain compliance or may face delisting. Announcement • Mar 10
Infobird Co., Ltd Provides Revenue Guidance for the Full Year Ended December 31, 2022 Infobird Co. Ltd. provided revenue guidance for the full year ended December 31, 2022. Full year 2022 preliminary revenue is expected to be approximately $16 million. Reported Earnings • Dec 31
First half 2021 earnings: Revenues and EPS in line with analyst expectations First half 2021 results: US$0.28 loss per share (down from US$0.079 profit in 1H 2020). Revenue: US$4.49m (down 28% from 1H 2020). Net loss: US$5.92m (down 494% from profit in 1H 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 88%, compared to a 170% growth forecast for the industry in the US. Announcement • Dec 28
Infobird Co., Ltd (NasdaqCM:IFBD) signed an equity transfer agreement to acquire a 51% stake in Shanghai Qishuo Network Technology Co., Ltd. Infobird Co., Ltd (NasdaqCM:IFBD) signed an equity transfer agreement to acquire a 51% stake in Shanghai Qishuo Network Technology Co., Ltd. on December 27, 2021. Announcement • Dec 05
Infobird Upgrades Its Intelligent Interactive Training Product Infobird Co. Ltd. announced that it has upgraded its cloud-based intelligent interactive training SaaS product to empower enterprises to improve the efficiency and effectiveness of sales and customer service representatives training by leveraging technologies such as AI chatbots. By simulating a real-life training experience, sales or customer service representatives are able to get trained with a virtual customer anytime, anywhere in the world. The upgraded product now also supports training in English for clients with international training needs. When combined with the company's intelligent quality inspection product, these two products can create a closed-loop management of customer engagement and training of sales or customer service representatives. This could further drive additional business values for enterprises in the future. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment deteriorated over the past week After last week's 34% share price decline to US$1.05, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 42x in the Software industry in the US. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment deteriorated over the past week After last week's 22% share price decline to US$1.68, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 49x in the Software industry in the US. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improved over the past week After last week's 17% share price gain to US$2.39, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 60x in the Software industry in the US. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$2.75, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 48x in the Software industry in the US. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorated over the past week After last week's 19% share price decline to US$2.81, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 51x in the Software industry in the US. Announcement • May 19
Infobird Co., Ltd Provides Revenue Guidance for the Year 2021 Infobird Co. Ltd. provided revenue guidance for the year 2021. For the year, the company expected revenue to increase to between $22 million and $25 million and also expect to operate at a healthier revenue composition that drives from a more diverse base of clients. Announcement • Apr 30
Infobird Co., Ltd announced delayed 20-F filing On 04/29/2021, Infobird Co., Ltd announced that they will be unable to file their next 20-F by the deadline required by the SEC.