• ZW Data Action Technologies posted a net loss of US$ 1.77 million for fiscal 2025, narrowing from a net loss of US$ 3.77 million.
• Revenue fell 70.11% to US$ 4.61 million, primarily due to winding down distribution of the right to use search engine marketing service in the PRC.
• Operating loss narrowed to US$ 1.95 million as operating expenses dropped to US$ 2.31 million.
• Management said it will keep shifting client focus outside mainland China, emphasizing higher-margin internet advertising services plus blockchain and digital asset business while pursuing AI-capability acquisitions.
• Looking into 2026, it expects improved cash flow and liquidity over the next 12 months on higher gross margins, lower operating expenses, loan collections, potential equity financing, and further cost reductions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ZW Data Action Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-26-002058), on March 31, 2026, and is solely responsible for the information contained therein.