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MARKETS / BALCAO / EPWKF
BALCAO · SERVICES-BUSINESS SERVICES, NEC

Epwk Holdings Ltd. EPWKF

3 fiscal years on record · USD · FY2024 reported · SEC filings only
$27.8M
▲ 37.7% YoY
$-10.4M
$-10.7M
In brief

What this company does

Our platform, operated through EPWK VIE, is one of the only two comprehensive crowdsourcing platforms in China, with the other one operated by Zhubajie, and enables businesses (buyers) and service providers (sellers) to find each other. As of June 30, 2025, our accumulated registered buyers were 9.04 million and accumulated registered sellers were 17.51 million covering all 34 provinces of China. Our marketplace platform was launched in 2011. As of June 30, 2025, we had over 26.55 million registered users. We are focused on enhancing user experience by delivering efficient, trustworthy and convenient experience to users in searching for and contracting with each other.

Written from the business description in EPWK Holdings Ltd.'s annual report to the U.S. Securities and Exchange Commission, filed 14 January 2026. Every sentence was checked against that document before publication.

Growth
USD 27.8M
Revenue, FY2024 · full 3-year series below
Revenue $M Net income $M
FY2024 · Revenue 27.8 · Net income -10.4
10M20M-4M-8M202220232024
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−37 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -38.7% · Net -37.5%
-10%-20%-30%202220232024
ROE

Not applicable: equity was negative in this period, so return on equity has no meaning.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -10.7
-4M-8M202220232024

Total assetsUSD 12.1M
EquityUSD -103,856.00
CashUSD 389,348.00
Gross debtUSD 1.7M
Net debtUSD 1.3M
DepositsUSD 95,627.00

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 3-year record
3 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202420232022
Revenue $B0.00.00.0
Operating income $B−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0
Income tax $B0.00.0−0.0
Net income $B−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0
EPS, diluted $−20.11−2.51−3.69
Dividend / sh $···
Payout %···
ROE %···

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 13 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 82 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Business Services, NEC
Listed onOTC market
Incorporated inVirginia
Fiscal year endsnot stated in the filings
SEC categoryemerging growth company
Data on record since2022

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