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Antelope Enterprise Holdings (AEHL)
NASDAQ:AEHL
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Sep 30, 2024
|% Change Since: -86.42%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed outlook. While the company has made strategic moves to diversify and improve its financial position, such as increasing client engagements and entering the energy sector, it faces challenges with decreased revenue, gross profit, and increased administrative expenses. The company is in a transition phase with potential for growth but also significant current setbacks.Company Guidance
During the Antelope Enterprise Holdings First Half 2024 Earnings Conference Call, the company reported a revenue of $43.5 million, reflecting a 2.6% decrease from $44.6 million in the same period of 2023, attributed to the loss of major clients and a strategic pivot towards engaging more mid-tier clients. The company increased its client base by nearly 20, totaling over 70 clients in the first half of 2024. Gross profit decreased significantly to $3.5 million, a 46.7% drop from $6.8 million in 2023, with the gross profit margin falling from 15.3% to 8%. Selling and distribution expenses reduced by 55.9% to $3.1 million, while administrative expenses rose by 22.8% to $6.9 million. The company recorded a loss from continuing operations of $6.5 million, up from a $5.5 million loss in 2023. Loss per share improved to $0.96 from $3.38. The company’s cash increased to $2.3 million, and shareholders' equity rose to $18 million. A key strategic development includes entering the energy sector in Texas, leveraging natural gas generators to supply electricity directly to high-demand sectors like data centers, aiming for cost-effective energy solutions.Increased Client Engagements
Antelope Enterprise engaged with more than 70 clients in the first half of 2024, an increase of nearly 20 clients compared to the same period in 2023.
Strategic Entry into Energy Sector
The company plans to enter the energy sector in the third quarter of 2024, launching in Texas to meet the growing needs of the computing power industry.
Improvement in Cash Position
Cash and cash equivalents increased by $1.8 million or 333.2% to $2.3 million as of June 30, 2024, compared to $0.6 million as of December 31, 2023.
Strong Shareholder Equity Growth
Shareholders' equity increased by $3.6 million or 25.2% to $18 million as of June 30, 2024, compared to $14.4 million as of December 31, 2023.
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AEHL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AEHL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Sep 30, 2024 | $0.81 | $0.76 | -6.17% |
| May 10, 2024 | $1.84 | $1.91 | +3.80% |
| Oct 02, 2023 | $3.10 | $2.66 | -14.19% |
| May 02, 2023 | $11.00 | $11.37 | +3.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Antelope Enterprise Holdings (AEHL) report earnings?
Antelope Enterprise Holdings (AEHL) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Antelope Enterprise Holdings (AEHL) earnings time?
Antelope Enterprise Holdings (AEHL) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AEHL EPS forecast?
Currently, no data Available
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