Ebang International Holdings (EBON) AI Stock Analysis

• Market Cap: $24.02M
• Dividend Yield: N/A
• Average Volume (3M): 7.72K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.23
• Revenue Growth: 20.88%
• EPS Growth: N/A
• Country: US
• Employees: 218
• Sector: Technology
• Sector Strength: 84
• Industry: Computer Hardware
• EPS (TTM): -3.22
• Shares Outstanding: 4,989,746
• 10 Day Avg. Volume: 4,067
• 30 Day Avg. Volume: 7,716
• PEG Ratio: 0.77
• Price to Book (P/B): 42.22
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -39.76
• Enterprise Value/Market Cap: 32.45
• Enterprise Value/Revenue: 31.22
• Enterprise Value/Gross Profit: 655.05
• Enterprise Value/Ebitda: -4.97
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: ―

EBON faces significant challenges with negative profitability and liquidity issues, as reflected in its financial performance. The technical analysis supports a bearish outlook, compounded by a negative valuation. The lack of positive insights from the earnings call further contributes to a low overall score.

Ebang International Holdings Business Overview & Revenue Model

Company Description

Ebang International Holdings Inc. (EBON) is a leading player in the technology sector, primarily focused on the design, development, and sale of blockchain processing units, specifically cryptocurrency mining machines. The company operates within the broader cryptocurrency and blockchain technology industry, providing essential hardware products that facilitate the mining of cryptocurrencies such as Bitcoin. Ebang's core products include high-performance Bitcoin mining machines and telecommunication equipment.

How the Company Makes Money

Ebang International Holdings generates revenue primarily through the sale of its cryptocurrency mining hardware, which is designed to deliver high efficiency and performance for cryptocurrency mining activities. The company's primary revenue stream comes from the manufacturing and selling of Bitcoin miners, which are crucial for individuals and businesses engaged in cryptocurrency mining. Ebang also explores opportunities to expand its revenue model by leveraging blockchain technology and cryptocurrency operations, potentially including the operation of cryptocurrency exchanges and other blockchain-based services. The company's earnings are significantly influenced by the market demand for cryptocurrencies, the technological advancement of its products, and strategic partnerships within the blockchain ecosystem.

Ebang International Holdings Financial Statement Overview

Summary

Ebang International Holdings is struggling financially with negative profitability margins and a decline in revenue growth. Although the company has a solid equity position and low leverage, liquidity is a concern due to negative free cash flow.

Income Statement

The company shows a concerning negative gross profit margin and net profit margin, indicating that it is not generating sufficient revenue to cover costs. Revenue has decreased significantly, demonstrating a negative growth trend. Both EBIT and EBITDA margins are negative as well, highlighting operational inefficiencies and a lack of profitability.

Balance Sheet

The company maintains a solid equity position, with a high equity ratio reflecting strong financial stability. The debt-to-equity ratio is low, indicating low leverage, which reduces financial risk. However, the return on equity is negative, signaling that the company is not generating profits from its equity base.

Cash Flow

Free cash flow is negative and has declined over the period, reflecting cash outflows exceeding inflows. The operating cash flow to net income ratio suggests operational challenges, as cash generated from operations is insufficient to cover net losses, impacting liquidity.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
5.87M	4.86M	32.33M	51.45M	19.00M
	Gross Profit
1.19M	-16.70M	19.89M	29.22M	-2.90M
	EBIT
-30.37M	-53.64M	-22.78M	2.03M	-26.65M
	EBITDA
-27.72M	-35.55M	-35.12M	8.29M	-14.98M
	Net Income Common Stockholders
-20.25M	-36.77M	-43.89M	4.43M	-32.11M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
219.31M	242.13M	257.16M	275.49M	54.50M
	Total Assets
275.80M	298.24M	344.17M	385.86M	144.20M
	Total Debt
4.03M	6.68M	7.26M	3.45M	2.65M
	Net Debt
-209.79M	-234.96M	-244.07M	-236.60M	-11.02M
	Total Liabilities
15.44M	16.92M	22.38M	16.88M	34.38M
	Stockholders Equity
259.59M	279.84M	318.93M	363.74M	103.13M
Cash Flow		Free Cash Flow
-22.55M	-21.80M	-9.77M	-21.49M	-38.59M
	Operating Cash Flow
-17.61M	-11.65M	4.30M	-12.97M	-15.83M
	Investing Cash Flow
-9.89M	2.75M	6.61M	-6.51M	-63.18M
	Financing Cash Flow
0.00	0.00	-20.00K	247.18M	92.06M

Ebang International Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.67
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EBON, the sentiment is Negative. The current price of 3.67 is below the 20-day moving average (MA) of 3.78, above the 50-day MA of 3.66, and below the 200-day MA of 5.47, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 47.84 is Neutral, neither overbought nor oversold. The STOCH value of 51.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EBON.

Ebang International Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$11.93B	10.60	-7.51%	3.00%	7.40%	-8.09%
SSYS	56 Neutral	$895.88M	―	-13.00%	―	-9.29%	17.86%
NNDM	47 Neutral	$325.82M	―	-10.27%	―	―	―
DDD	43 Neutral	$251.00M	―	-99.85%	―	-8.09%	22.06%
CAN	43 Neutral	$219.33M	―	-90.43%	―	65.68%	50.28%
EBON	41 Neutral	$24.02M	―	-7.51%	―	20.88%	―