Antelope Enterprise Holdings(AEHL)
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Antelope Enterprise Holdings(AEHL) - 2024 Q2 - Earnings Call Transcript
2024-09-30 14:09
Antelope Enterprise Holdings Limited (NASDAQ:AEHL) Q2 2024 Earnings Conference Call September 30, 2024 8:00 AM ET Company Participants David Rudnick - IR, Precept Investor Relations Will Zhang - Chairman and CEO Edmund Hen - CFO Conference Call Participants Steve Silver - Argus Research Operator Good morning, and good day. Welcome to the Antelope Enterprise Holdings First Half 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note, this event is bein ...
Antelope Enterprise Holdings(AEHL) - 2023 Q4 - Annual Report
2024-05-10 20:51
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark one) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1 ...
Antelope Enterprise Announces Second Half and Full Year 2023 Financial Results
Newsfilter· 2024-05-10 11:00
NEW YORK, May 10, 2024 (GLOBE NEWSWIRE) -- Antelope Enterprise Holdings Limited (NASDAQ Capital Market: AEHL) ("Antelope Enterprise", "AEHL" or the "Company"), which operates KylinCloud, a livestreaming ecommerce business in China with access to 800,000+ hosts and influencers, today announced its financial results for the second half and fiscal year ended December 31, 2023. Fiscal Year 2023 Summary Revenue was RMB 510.5 million (US$ 72.1 million), a 78.3% increase as compared to RMB 286.3 million (US$ 42.6 ...
Antelope Enterprise Announces Second Half and Fiscal Year End 2023 Earnings Conference Call
Newsfilter· 2024-05-09 12:30
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Antelope Enterprise Holdings Limited (NASDAQ Capital Market: AEHL) ("Antelope Enterprise", "AEHL" or the "Company"), which operates KylinCloud, a livestreaming ecommerce business in China with access to 800,000+ hosts and influencers, today announced that it will conduct a conference call at 8:00 am Eastern Time on Friday, May 10, 2024, to discuss its second half and full year financial results for its fiscal year ended December 31, 2023. The Second Half and Fisca ...
Antelope Enterprise Announces its Plan to Launch Energy Transmission Business and Appoints Management Team to Spearhead Such Initiative
Newsfilter· 2024-04-29 13:00
NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) -- Antelope Enterprise Holdings Limited (NASDAQ Capital Market: AEHL) ("Antelope Enterprise" or the "Company"), which operates KylinCloud, a livestreaming ecommerce business in China with access to 800,000+ hosts and influencers, announced today that its plan to launch its energy transmission business.The Board appointed Mr. Huoyou Zhang as an Executive Director to the Company's Board of Directors, effective April 26, 2024, and Mr. Di Wu as a Director and President ...
Antelope Enterprise Holdings(AEHL) - 2023 Q2 - Earnings Call Transcript
2023-10-02 14:16
Antelope Enterprise Holdings Limited (NASDAQ:AEHL) Q2 2023 Earnings Conference Call October 2, 2023 8:00 AM ET Company Participants David Rudnick - Investor Relations, Precept Investor Relations Will Zhang - Chairman and Chief Executive Officer Edmund Hen - Chief Financial Officer Conference Call Participants Howard Flinker - Flinker & Company William Gregozeski - Greenridge Global Operator Good morning, and welcome to the Antelope Enterprise Holdings First Half 2023 Earnings Conference Call. All participan ...
Antelope Enterprise Holdings(AEHL) - 2022 Q3 - Earnings Call Transcript
2023-05-07 11:55
Financial Data and Key Metrics - Revenue for the 6 months ended December 31, 2022, was RMB 168.1 million (USD 24.1 million), a 164.3% increase from RMB 63.6 million (USD 9.9 million) in the same period of 2021 [11] - Gross profit for the 6 months ended December 31, 2022, was RMB 26 million (USD 3.7 million), compared to RMB 1 million (USD 0.1 million) in the same period of 2021 [11] - Gross profit margin for the livestreaming e-commerce business was 15.5% in the second half of 2022, up from 5.1% in the second half of 2021 [12] - Net loss from continuing operations for the 6 months ended December 31, 2022, was RMB 6.1 million (USD 0.9 million), compared to RMB 17.7 million (USD 2.8 million) in the same period of 2021 [13] - Loss per basic and fully diluted share from continuing operations was RMB 0.73 (USD 0.1) for the 6 months ended December 31, 2022, compared to RMB 3.44 (USD 0.53) in the same period of 2021 [14] - Cash and bank balances as of December 31, 2022, were RMB 3.9 million (USD 0.6 million), down from RMB 27.9 million (USD 4.4 million) as of December 31, 2021 [14] Business Line Data and Key Metrics - KylinCloud livestreaming business generated 96% of total revenue in the second half of 2022, with revenue of RMB 161.4 million (USD 23.1 million) [11] - Registered investors and hosts on the KylinCloud platform increased 8 times to 316,696 in 2022 from 39,624 in 2021 [7] - The company divested its legacy ceramic tile building materials business on April 28, 2023, as part of its strategic pivot towards high-growth technology areas [15] Market Data and Key Metrics - The company believes that livestreaming e-commerce will comprise an ever-increasing percentage of China's e-commerce sales, driven by a young demographic and high mobile device usage [17] - China's livestreaming e-commerce sector is expected to experience high double-digit growth for many years to come [17] Company Strategy and Industry Competition - The company has pivoted towards high-growth technology areas, including the acquisition of the livestreaming e-commerce business [15] - KylinCloud provides turnkey livestreaming marketing and broadcasting services, strategically matching hosts and influencers with consumer brand companies to increase sales and profitability [8] - The company believes it has a core competency to increase market share and be highly competitive in the livestreaming e-commerce sector [8] Management Commentary on Operating Environment and Future Outlook - The company is optimistic about its unique business model and execution capabilities, with a strong team culture and financial resources to achieve long-term growth [9] - Management expects significant revenue growth in 2023, with the potential to reach breakeven this year [21][28] Other Important Information - The company completed the divestiture of its legacy ceramic tile manufacturing business in exchange for a 5% unsecured promissory note with a principal amount of USD 8.3 million - USD 8.5 million, maturing in four years [15] Q&A Session Question: How is the first half of 2023 tracking? - The company does not disclose forecasts or guidance at this point but has seen significant growth in the first few months of 2023 [21] Question: Will the company start issuing guidance? - The company will announce results in the second half and year-end reporting, with the next update expected in September 2023 [22] Question: Who are the major owners of the company? - The company has announced management ownership details in its annual report, which is publicly available [24] Question: How big is the market for KylinCloud? - The market is very large, but the company currently holds a small market share with significant room for growth [25] Question: Are there other public companies to compare with? - There is no strict comparison, but a similar company is listed in Hong Kong with the ticker 2291 [26] Question: When does the company expect to reach profitability? - The company believes it can achieve breakeven in 2023 and expects significant growth in the near future [28]
Antelope Enterprise Holdings(AEHL) - 2022 Q4 - Annual Report
2023-04-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark one) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1 ...
Antelope Enterprise Holdings(AEHL) - 2022 Q2 - Earnings Call Transcript
2022-09-30 22:00
Antelope Enterprise Holdings Limited (NASDAQ:AEHL) Q2 2022 Earnings Conference Call September 29, 2022 8:00 AM ET Company Participants David Rudnick - IR Meishuang Huang - CEO Edmund Hen - CFO Conference Call Participants Operator Good day, and welcome to the Antelope Enterprise Holdings First Half 2022 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note, today's event is being recorded. I would now like to turn the conference over to David Rudnick wi ...
Antelope Enterprise Holdings Limited (AEHL) CEO Meishuang Huang on Second Half and Full Year 2021 Results - Earnings Call Transcript
2022-05-02 14:20
Antelope Enterprise Holdings Limited (NASDAQ:AEHL) Second Half and Full Year 2021 Earnings Conference Call May 2, 2022 8:00 AM ET Company Participants David Rudnick – Investor Relations Meishuang Huang – Chief Executive Officer Edmund Hen – Chief Financial Officer Conference Call Participants Operator Thank you for standing by. And welcome to the Antelope Enterprise Second Half and Fiscal Year End 2021 Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to your fir ...