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Ebang International Reports 11.4% Revenue Growth to $6.5M, Holds $200M in Cash

GateNews
Stocks

Gate News message, April 27 — Ebang International, a Nasdaq-listed mining equipment manufacturer, reported its 2025 fiscal year results showing total revenue of $6.5 million, up 11.4% year-over-year from $5.9 million in 2024. Net loss narrowed significantly to $14.2 million compared to $20.9 million in the prior year.

As of December 31, 2025, the company held $200.2 million in cash and cash equivalents. Under the new accounting standards adopted in 2025, fair value changes in cryptocurrency assets are now recorded in other expenses.

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