<div><div></div><div>ZW Data Action Technologies reported revenue of $4.61 million and a net loss per share of $(0.67) for the latest fiscal year, reflecting a significant decline in sales as the company wound down low‑margin search engine distribution. The company narrowed its net loss to $(1.77) million from $(3.77) million a year earlier and improved gross margin to 7.7% as it shifted toward higher‑margin services. Operational realignment and strategic acquisitions underpin the company’s effort to diversify revenue through SaaS, NFT/IP licensing and blockchain initiatives. Financial Highlights <ul><li>Revenues: $4.61 million, decreased from $15.44 million in 2024 primarily due to winding down search engine marketing distribution.</li><li>Gross profit: $0.35 million; gross margin improved to 7.7% from 2.9% driven by higher‑margin services.</li><li>Loss from operations: $(1.95) million, improved from $(3.76) million in 2024 reflecting lower operating expenses.</li><li>Net loss: $(1.77) million, improved from $(3.77) million after $0.18 million of other income.</li><li>Loss per common share: $(0.67) (basic and diluted), improved from $(1.86).</li></ul> Business Highlights <ul><li>Revenue mix shift: The company substantially reduced low‑margin search engine distribution activity and refocused on higher‑margin services, resulting in a decline in total revenue from $15.4 million to $4.6 million.</li><li>Channel realignment: Operations shifted primarily outside mainland China with a strategic emphasis on influencer and digital advertising channels.</li><li>Product expansion: Launched a blockchain‑based SaaS platform (BIF) and expanded into NFT/IP licensing following the Rahula acquisition to diversify revenue streams.</li><li>Cost and margin improvement: Operational changes contributed to improved gross margin as lower‑margin distribution activities were wound down and service lines with better margins were scaled.</li><li>Strategic M&amp;A and investments: Completed the Rahula acquisition and made minority investments in Titans and Modest to build IP, tokenization and AI/blockchain capabilities.</li></ul>Original SEC Filing: ZW Data Action Technologies Inc. [ CNET ] - 10-K - Mar. 31, 2026<section>Disclaimer<div>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.</div></section></div></div>

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ZW Data Action Technologies reported a revenue of $4.61 million and a net loss per share of $(0.67) for the latest fiscal year, down from $15.44 million in 2024. The company improved its gross margin to 7.7% by shifting focus to higher-margin services and winding down low-margin search engine distribution. Net loss narrowed to $(1.77) million from $(3.77) million, aided by operational realignment and strategic acquisitions, including a blockchain-based SaaS platform and NFT/IP licensing initiatives.

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ZW Data Action Technologies 10-K: Revenue $4.61M, EPS (0.67)