Next Technology Holding Inc (OQ:NXTT)
Business Focus: E-commerce & Auction Services
| Sector: Technology | Industry: Internet Services |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | Building 8, No 18, Kechuang 10Th Street SHENZHEN GNG 518000 |
| Tel: | N/A |
| Website: | www.wetradegroup.net |
| IR: | See website |
| Key People | ||
| Weihong Liu Chief Executive Officer | Annie Huang Chief Financial Officer | Tsang Ken Chief Financial Officer |
| Nan Ding Chief Operating Officer | Li Hanfeng Vice President | |
| Business Overview |
| Next Technology Holding Inc is a China-based company mainly providing technical services and solutions via its social e-commerce platform. The Company mainly provides an international cloud-based intelligence system and independently developed a micro-business cloud intelligence system called the YCloud. It provides technical and auto-billing management services to micro-business online stores in China through big data analytics, machine learning mechanisms, social network recommendations, and multi-channel data analysis. |
| Financial Overview |
| For the nine months ended 30 September 2023, Next Technology Holding Inc revenues decreased 76% to $2.2M. Net loss applicable to common stockholders excluding extraordinary items increased 11% to $9.5M. Revenues reflect service revenue decrease of 74% to $2.2M, Service revenue, related party decrease of 95% to $36K. Higher net loss reflects General and administrative expense increase of 45% to $15.1M (expense). |
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