TEN Holdings, Inc. (XHLD) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 556.68K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.72
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 38
• Sector: Communication Services
• Sector Strength: 96
• Industry: Broadcasting
• EPS (TTM): N/A
• Shares Outstanding: 35,178,787
• 10 Day Avg. Volume: 804,327
• 30 Day Avg. Volume: 556,679
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: 5.08
• Enterprise Value/Gross Profit: 6.22
• Enterprise Value/Ebitda: -1.81
• 1Y Price Target: $0.50
• Price Target Upside: 56.25% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 48 Neutral
• Price Target: $0.50 ▲(56.25% Upside)

TEN Holdings, Inc. faces significant financial challenges, which heavily impact its overall score. While recent corporate events are positive, they are not sufficient to offset the financial instability and bearish technical indicators.

TEN Holdings, Inc. Business Overview & Revenue Model

Company Description

TEN Holdings, Inc. provides event, production, and broadcasting services in the United States. The company organize virtual, hybrid, and physical events for conferences, marketing events, product launches, training, and investor and shareholder meetings. The company provides live streaming and video recording for physical events; video editing and production; and a custom on-demand video library for finished video content to be viewed and downloaded. In addition, the company offers webcast technology, virtual and hybrid event services, training and education, and studio and production services. It serves a range of industries, such as technology firms, healthcare organizations, educational institutions, and marketing and advertising agencies, as well as nonprofits and associations, consulting and accounting, and investment and banking. The company was formerly known as The Events Network, Inc. and changed its name to TEN Holdings, Inc. in June 2024. The company was founded in 2011 and is based in Langhorne, Pennsylvania. TEN Holdings, Inc. is a subsidiary of V-cube, Inc.

How the Company Makes Money

TEN Holdings, Inc. generates revenue through multiple streams, primarily from its investments in various sectors. The company earns income from its technology solutions, which include software licensing and service contracts with clients. Additionally, revenue is generated through the leasing and sales of its real estate properties, providing a stable income stream. The company also benefits from strategic partnerships with other firms, allowing for collaborative projects that enhance revenue potential. This diversified approach enables TEN Holdings to mitigate risks and capitalize on growth opportunities across different industries.

TEN Holdings, Inc. Financial Statement Overview

Summary

TEN Holdings, Inc. faces significant financial challenges with declining revenues, negative EBIT, and net income. The balance sheet shows high leverage and negative equity, indicating financial instability. Cash flow issues are evident with negative operating and free cash flows, relying heavily on financing activities.

Income Statement

TEN Holdings, Inc. has experienced declining revenues and profitability over the past three years. The gross profit margin has decreased, and the company has consistently reported negative EBIT and net income, indicating operational challenges. The revenue growth rate is negative, reflecting a downturn in business performance.

Balance Sheet

The balance sheet shows high leverage with a negative stockholders' equity, indicating financial instability. The debt-to-equity ratio is not calculable due to negative equity, and the equity ratio is negative, highlighting potential solvency issues. These factors suggest significant financial risk.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, indicating cash management issues. The free cash flow has deteriorated over the years, and the operating cash flow to net income ratio is negative, reflecting cash flow challenges. The company relies heavily on financing activities to sustain operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	3.21M	3.50M	3.72M	4.81M
Gross Profit	2.62M	2.85M	3.16M	4.07M
EBITDA	-9.02M	-2.57M	-1.55M	-68.00K
Net Income	-9.76M	-2.97M	-1.69M	-7.66M
Balance Sheet
Total Assets	11.06M	6.42M	4.77M	4.22M
Cash, Cash Equivalents and Short-Term Investments	739.00K	48.00K	357.00K	7.00K
Total Debt	4.21M	6.19M	2.33M	693.00K
Total Liabilities	5.72M	8.02M	3.72M	1.48M
Stockholders Equity	5.34M	-1.60M	1.05M	2.74M
Cash Flow
Free Cash Flow	-10.08M	-2.52M	-1.34M	-1.00M
Operating Cash Flow	-9.05M	-2.48M	-265.00K	83.00K
Investing Cash Flow	-1.03M	-1.04M	-1.07M	-1.09M
Financing Cash Flow	10.68M	3.21M	1.69M	0.00

TEN Holdings, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$46.60B	4.15	-11.40%	4.15%	1.85%	-42.71%
SGA	55 Neutral	$77.60M	36.14	1.23%	8.32%	-1.72%	-66.67%
EVC	54 Neutral	$226.53M	―	-75.89%	8.06%	-58.44%	-130.21%
XHLD	48 Neutral		―		―	―	―
BBGI	45 Neutral	$8.52M	3.37	-5.76%	―	-5.52%	87.59%
UONE	45 Neutral	$47.25M	―	-97.71%	―	-10.63%	-61.23%
MDIA	―	$80.52M	4.87	55.64%	―	―	―

TEN Holdings, Inc. Corporate Events

TEN Holdings Enhances Market Awareness with New Agreement

On July 18, 2025, TEN Holdings, Inc. entered into a market awareness agreement with MicroCap Advisory, LLC to enhance investor communications and market awareness. The agreement involves a six-month engagement where MicroCap Advisory will execute a comprehensive investor outreach strategy. This strategic move is expected to improve TEN Holdings’ market positioning by leveraging media planning and campaign execution, with compensation including a setup fee, monthly payments, and warrants issuance by the end of 2025.

TEN Holdings Appoints Virgilio D. Torres as CFO

On June 30, 2025, TEN Holdings, Inc. appointed Virgilio D. Torres as its new Chief Financial Officer. Mr. Torres brings extensive experience in corporate finance, having previously held roles at Obsess Inc., Exactera LLC, and Blue Apron Holdings Inc. His expertise in mergers and acquisitions, capital raising, and financial strategy is expected to strengthen TEN Holdings’ financial foundation and enhance its value through strategic acquisitions and informed financial decisions.

TEN Holdings Secures $20M Investment Agreement

On June 23, 2025, TEN Holdings, Inc. entered into a purchase agreement with Lincoln Park Capital Fund, LLC, allowing Lincoln Park to buy up to $20 million in shares of TEN Holdings’ common stock over a 24-month period. This agreement provides TEN Holdings with a flexible funding option to support working capital, technology development, and potential acquisitions, while adhering to Nasdaq rules and market conditions.