CNET ZW Data Action Technologies Inc.

Overview and Growth

ZW Data Action Technologies Inc. generated $4.61M of revenue in fiscal 2025, with net loss of $1.77M and an operating cash outflow of $929.00K. The $4.61M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $15.44M in fiscal 2024, revenue decreased 70.1%, a top-line contraction that reduced operating scale. At period end, total assets were $9.68M, framing the scale of the company’s operating and financing commitments. Revenue equaled 0.48x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

The first profit layer was $353.00K of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross profit represented 7.7% of revenue, showing how much of the top line remained after direct costs. The company recorded an operating loss of $1.95M after the reported operating expense base. The operating loss equaled 42.3% of revenue, showing the scale of the operating deficit relative to sales. The company ended the period with a net loss of $1.77M, extending the operating result through all remaining items. The net loss equaled 38.4% of revenue, showing the bottom-line deficit relative to the company’s sales base. EBITDA was negative $1.72M, showing a deficit before interest, taxes, depreciation, and amortization. The pretax result was a loss of $1.77M, establishing the deficit before tax effects. The pretax loss equaled 38.4% of revenue, measuring the pre-tax deficit against sales. Income tax expense totaled $1.00K, providing the reported tax component that separates pretax and after-tax earnings. The loss-to-equity relationship was 40.2%, placing the bottom-line deficit against shareholder capital. The net loss equaled 18.3% of period-end assets, showing the deficit relative to the asset base. The bottom-line deficit decreased from $3.76M in fiscal 2024 to $1.77M.

Liquidity and Capital Structure

Total assets were $9.68M, supported by $5.28M of liabilities and $4.40M of shareholder equity. Current assets were $7.56M against $5.07M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 1.49x, leaving a positive buffer for near-term obligations. Reported cash and equivalents were $970.00K, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 19.1%, excluding receivables and other current assets. Book equity represented 45.5% of total assets, quantifying the balance-sheet share supported by shareholder capital. Liabilities represented 54.5% of total assets, quantifying the liability-funded share of the company’s resource base. Cash and equivalents equaled 10.0% of total assets, showing the liquid cash component within the company’s broader resource base. Total assets were 0.1% lower than fiscal 2024 assets of $9.69M, measuring the company’s own balance-sheet change. Book equity was 18.4% higher than fiscal 2024 equity of $3.72M, showing how shareholder capital changed year over year. Compared with $812.00K in fiscal 2024, the current cash balance moved 19.5% and finished higher.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $929.00K, rather than cash generation from operations. The company spent $65.00K on capital expenditures while operations also absorbed cash, so both ongoing activity and investment drew on liquidity during the period. Negative free cash flow was $994.00K, leaving a cash deficit after capital spending and reducing financial flexibility. Relative to revenue, the post-investment cash deficit represented 21.5%. The free-cash-flow deficit equaled 10.3% of total assets, placing the cash shortfall against the company’s resource base. Compared with a $2.06M operating cash outflow in fiscal 2024, the current outflow improved to $929.00K.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.