Detail akcie AirNet Tech Sp ADS online

Business Summary: Airnet Technology Inc is a China-based investment holding company. The Company primarily operates through two segments. The Cryptocurrency Mining segment is mainly engaged in cryptocurrency mining business, focusing on expanding its computing powers measured by hash rate, which is devoted to supporting blockchains. The Media Network segment is mainly engaged in selling advertising time slots on its network, primarily air travel advertising network. The Company primarily operates its businesses in domestic market.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Airnet Technology Inc (ADR) revenues decreased 64% to $193K. Net income before extraordinary items totaled $21.3M vs. loss of $3.2M. Revenues reflect Revenues decrease of 60% to $234K. Net Income reflects (Loss) gains from long-term investments increase from $618K (expense) to $23.6M (income), Interest expense, net decrease of 81% to $62K (expense).