Antelope Enterprise Holdings Limited (AEHL) Income Statement
AEHL 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAEHL revenue and net income
Where AEHL's revenue goes
2025Each bar shows an amount and its share of revenue. AEHL kept −17.7% of revenue as net income.
AEHL profit margins
AEHL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −17.9% | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AEHL quarterly EPS vs estimates
Antelope Enterprise beat the analyst EPS estimate in 0 of the last 2 quarters.
AEHL income statement
| 2025 | 2024 | |
|---|---|---|
| Revenue | $81.1M | $98.8M |
| Cost of revenue | $80.9M | $98.9M |
| Gross profit | $174,666 | −$126,000 |
| Research & development | $10.7M | $13.1M |
| Sales, general & admin | — | $10.8M |
| Total operating expenses | $11.0M | $11.3M |
| Operating income | −$10.9M | −$11.4M |
| Interest income | — | $844,000 |
| Interest expense | $1.6M | $1.2M |
| Income before taxes | −$15.0M | −$10.6M |
| Income taxes | $11,999 | $11,000 |
| Net income | −$14.3M | −$10.5M |
| EBITDA | −$10.3M | −$11.3M |
| EPS (diluted) | −$329.78 | −$11.07 |
| Gross margin | 0.2% | −0.1% |
| Operating margin | −13.4% | −11.6% |
| Net margin | −17.7% | −10.7% |
| Dec '25 | Jun '25 | Mar '25 | Jun '24 | Mar '24 | |
|---|---|---|---|---|---|
| Revenue | $40.1M | $41.0M | $55.3M | $43.5M | $197.0M |
| Cost of revenue | $41.7M | $39.2M | $58.9M | $40.0M | $191.3M |
| Gross profit | −$1.6M | $1.8M | −$3.6M | $3.5M | $5.7M |
| Research & development | $10.7M | — | $689,755 | — | $1.1M |
| Sales, general & admin | — | — | $39.1M | $49.9M | $28.0M |
| Total operating expenses | $5.3M | $5.7M | $1.3M | $10.0M | $52.4M |
| Operating income | −$7.0M | −$3.9M | −$4.9M | −$6.5M | −$46.7M |
| Interest expense | $885,996 | $694,000 | $703,000 | $537,000 | $954,252 |
| Income before taxes | −$11.4M | −$3.6M | −$4.1M | −$6.5M | −$47.9M |
| Income taxes | $2,999 | $9,000 | $9,000 | $2,000 | $79,270 |
| Net income | −$10.7M | −$3.7M | −$3.9M | −$6.6M | −$47.9M |
| EBITDA | −$6.7M | −$3.9M | −$4.6M | −$6.4M | −$42.3M |
| EPS (diluted) | — | — | −$7.98 | −$38.40 | — |
| Gross margin | −4.0% | 4.4% | −6.5% | 8.0% | 2.9% |
| Operating margin | −17.3% | −9.6% | −8.9% | −15.0% | −23.7% |
| Net margin | −26.7% | −8.9% | −7.1% | −15.3% | −24.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AEHL's financial statements (latest annual report filed January 29, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AEHL financial results
In fiscal year 2025 (ended December 31, 2025), Antelope Enterprise reported revenue of $81.1 million, down 17.9% from the year before. It had a net loss of $14.3 million, a net profit margin of −17.7%. Diluted earnings per share came to −$329.78.
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AEHL income statement FAQ
What is Antelope Enterprise's annual revenue?
Antelope Enterprise reported total revenue of $81.1 million for fiscal year 2025, which ended on December 31, 2025. That was down 17.9% from $98.8 million the previous year.
Is Antelope Enterprise profitable?
No. Antelope Enterprise reported a net loss of $14.3 million in fiscal 2025, a net profit margin of −17.7%; its operating margin was −13.4%.
What is Antelope Enterprise's gross margin?
Antelope Enterprise's gross margin was 0.2% in fiscal 2025: for every $100 of revenue, Antelope Enterprise kept $0 after the direct cost of its products and services.
How much does Antelope Enterprise spend on research and development?
Antelope Enterprise spent $10.7 million on research and development in fiscal 2025, 13.2% of revenue.
What are Antelope Enterprise's earnings per share?
Antelope Enterprise earned $-329.78 per diluted share in fiscal 2025, compared with $-11.07 a year earlier.
When does Antelope Enterprise's fiscal year end?
Antelope Enterprise's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on January 29, 2026.