Detail akcie Canaan Sp ADS-A online

Business Summary: Canaan Inc. provides high performance computing solutions through its proprietary application-specific integrated circuits (ASICs). The Company is a fabless IC designer engaged in the front-end and back-end of IC design. The Company primarily offers its technology and expertise in ASIC applications to Bitcoin mining machines and is also a producer of Bitcoin mining machines in the global market. The Company, through its subsidiaries, independently designs and develops its products in-house, including the design of proprietary ASIC chips for its Bitcoin mining machines. It has in-house production capabilities to assemble both Bitcoin mining machines and artificial intelligence (AI) chips. It assembles its Bitcoin mining machines primarily at its assembly plant located in the People’s Republic of China (PRC) by integrating the ICs designed by the Company and related components it procures. It also intends to engage in Bitcoin mining through self-owned facilities.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Canaan Inc - ADR revenues increased 27% to $269.3M. Net loss decreased 40% to $249.8M. Revenues reflect United States of America segment increase from $28.1M to $71M, Canada segment increase from $259K to $6.5M, Australia (Country) segment increase from $9K to $22K. Lower net loss reflects Semiconductor Device segment loss decrease of 45% to $227.1M.