ZW Data Action Technologies Inc. CNET

FY2025 · ended Dec 31, 2025 · Revenue $4.61M, -70.1% YoY · Filed Mar 31, 2026

ZW Data Action Technologies Inc. (CNET) files with the SEC under industry code 7370, Services-Computer Programming, Data Processing, Etc. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $4.6 million and a net loss of $1.8 million. Free cash flow was -$994,000. As of Jun 30, 2026 it held $1.7 million in cash and investments and $25,000 in total debt.

Revenue (TTM)
$3.45M
-55.1% vs year-ago TTM
Net income (TTM)
$-826,000
+78.6% vs year-ago TTM
Operating cash flow (TTM)
$-1.03M
+22.4% vs year-ago TTM
Free cash flow (TTM)
$-1.03M
+26.0% vs year-ago TTM
EPS
—
Dividend per share
None
Shares outstanding
3.27M
+42.0% vs prior year
Net cash
$1.70M
as of Jun 30, 2026
Operating margin
-28.8%
FY 2026

Company profile

Industry
Services-Computer Programming, Data Processing, Etc. (SIC 7370)
Listed as
CNET (Nasdaq)
Fiscal year ends
December 31
Incorporated in
NV
Headquarters
Haidian District, Beijing,
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1376321
Former names
ChinaNet Online Holdings, Inc. (until Oct 14, 2020); EMAZING INTERACTIVE, INC. (until Jul 14, 2009)

Other Services-Computer Programming, Data Processing, Etc. companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$4.6M
$15.4M
$30.6M
$26.2M
$47.3M
Operating income
-$2.0M
-$3.8M
-$6.0M
-$11.1M
-$13.6M
Net income
-$1.8M
-$3.8M
-$6.0M
-$9.8M
-$2.8M
Operating cash flow
-$929,000
-$2.1M
-$2.0M
-$3.2M
-$8.8M
Free cash flow
-$994,000
-$2.1M
-$2.1M
-$3.2M
-$9.2M
Total assets
$9.7M
$9.7M
$11.2M
$19.7M
$32.6M
Total liabilities
$5.3M
$6.0M
$5.0M
$7.4M
$10.9M
Stockholders' equity
$4.3M
$3.7M
$6.3M
$12.3M
$21.8M
Cash and investments
$2.1M
$1.2M
$1.6M
$6.0M
$9.5M
Total debt
$49,000
$0
$20,000
$1.9M
$1.9M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Other events
Aug 18, 2026 Aug 17, 2026
10-Q Quarterly report Aug 14, 2026 Jun 30, 2026
8-K/A Amended current report
Material agreement
Aug 6, 2026 Jun 26, 2026
8-K Current report
Material agreement, Unregistered share sale
Aug 5, 2026 Jul 30, 2026
8-K Current report
Bylaw or fiscal year change
Jul 30, 2026 Jul 24, 2026
8-K Current report
Shareholder vote results
Jul 22, 2026 Jul 22, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.