CIMG Inc. Reports Q1 Financial Results

Rhea-AI Summary

CIMG (Nasdaq: IMG) reported Q1 results for the three months ended December 31, 2025, showing a sharp revenue increase to $15,768,796 versus $22,853 a year earlier and a continued reduction in net loss. The company holds 730 Bitcoins valued at $63,978,821 and reports a book value per share of approximately $3.6 as of December 31, 2025.

CIMG launched computing power products in September 2025, generated contract revenue from enterprise customers including China Merchants Bank, set up subsidiaries in Shenzhen and Foshan, and acquired Braincon HK and its Beijing subsidiary. The company said it has filed an appeal of a Nasdaq delisting decision and will pursue financing, internal controls, and compliance remediation.

Positive

• Revenue rose to $15.77M from $22.85K year-over-year
• Digital asset holdings of 730 BTC valued at $63.98M
• Book value per share reported at ~$3.6 as of Dec 31, 2025
• Commercial contracts from computing power products including China Merchants Bank
• Acquisition of Braincon HK and Beijing subsidiary to boost Asia operations

Negative

• Nasdaq delisting appeal underway, indicating listing compliance risk
• Business shift relies on early-stage commercialization of new product lines
• Concentrated recent revenue tied to newly launched businesses (early-stage risk)

Key Figures

Q1 revenue: $15,768,796 Prior-year Q1 revenue: $22,853 Net loss: $19,510,872 +5 more

8 metrics

Q1 revenue $15,768,796 Three months ended December 31, 2025

Prior-year Q1 revenue $22,853 Three months ended December 31, 2024

Net loss $19,510,872 Quarter ended December 31, 2025 (per 10-Q summary)

Bitcoin fair value loss $17,502,596 Quarter ended December 31, 2025 (per 10-Q summary)

Bitcoin holdings 730 Bitcoins, $63,978,821 carrying value As of December 31, 2025

Cash balance $45,356 As of December 31, 2025 (per 10-Q summary)

Working capital deficit $7,562,771 Negative working capital as of December 31, 2025 (per 10-Q summary)

Book value per share $3.6 Based on shares outstanding as of December 31, 2025

Market Reality Check

Price: $0.2228 Vol: Volume 11,479,983 is 9.96...

high vol

$0.2228 Last Close

Volume Volume 11,479,983 is 9.96x the 20-day average of 1,153,031, indicating unusually heavy trading ahead of/around this earnings release. high

Technical Shares at 0.2228 are trading well below the 200-day MA of 4.07, with the stock down 55.62% and sitting near its 52-week low of 0.19 (vs. high of 13.846).

Peers on Argus

IMG fell 55.62% while close peers were mixed: BOF up 4.29%, NAII down 5.92%, JVA...

IMG fell 55.62% while close peers were mixed: BOF up 4.29%, NAII down 5.92%, JVA down 3.62%, and others flat. The magnitude and direction of IMG’s move diverge sharply from the broader group.

Previous Earnings Reports

1 past event · Latest: Feb 18 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Feb 18	Earnings results	Positive	+21.5%	Fiscal 2025 earnings with strong revenue growth and reduced net loss.

Pattern Detected

The last earnings release with strong growth and reduced loss saw a clearly positive price reaction, contrasting with today’s sharp selloff despite another report highlighting significant revenue growth.

Recent Company History

Recent disclosures show a company in rapid transition. The prior earnings release on Feb 18, 2026 reported $10.3M revenue, ≈433% YoY growth, and a 45.5% net loss reduction, driven by AI computing and digital health, and holding about 500 Bitcoins. That news produced a 21.48% gain. Today’s Q1 results again emphasize strong revenue expansion and reduced net loss, but the current price reaction diverges from that earlier earnings pattern.

Historical Comparison

+21.5% avg move · In the past year, IMG had 1 earnings-related release that moved the stock by 21.48% upward. Today’s ...

earnings

+21.5%

Average Historical Move earnings

In the past year, IMG had 1 earnings-related release that moved the stock by 21.48% upward. Today’s -55.62% reaction to another strong-growth earnings report represents a sharp break from that prior pattern.

Earnings disclosures progressed from fiscal 2025 annual results to Q1 results for the three months ended December 31, 2025, reflecting continued focus on revenue growth, Bitcoin holdings, and the pivot into homology of medicine and food and computing power products.

Market Pulse Summary

This announcement highlights a sharp scale-up in operations, with Q1 revenue of $15,768,796 versus $...

Analysis

This announcement highlights a sharp scale-up in operations, with Q1 revenue of $15,768,796 versus $22,853 a year earlier and expanded Bitcoin holdings of 730 coins valued at $63,978,821. At the same time, regulatory filings flag a quarterly net loss of $19,510,872, very limited cash, a $7,562,771 working capital deficit, going-concern doubts, and active Nasdaq delisting proceedings. Investors may track liquidity, compliance milestones, and Bitcoin-related volatility going forward.

Key Terms

digital asset holdings, book value per share, GPU, artificial intelligence, +1 more

5 terms

digital asset holdings financial

"Expanded scale of digital asset holdings: As of December 31, 2025, the Company held 730 Bitcoins..."

Digital asset holdings are the collection of electronically recorded assets someone or a company owns—such as cryptocurrencies, tokenized securities, or other digital representations of value—kept in digital wallets or on distributed ledgers. Investors care because these holdings affect a firm's reported value, liquidity and risk profile: they can swing in price quickly, require special custody and security, and face different regulatory rules than traditional cash or stocks, much like owning cash in a foreign currency or a collection of rare trading cards.

book value per share financial

"As of December 31, 2025, the book value per share was approximately $3.6..."

Book value per share is a company’s net worth on paper — total assets minus liabilities — divided by the number of outstanding shares, showing the equity value attributable to each share. Investors use it like a per-slice estimate of a company’s underlying value to compare with the market price; if the market price is far above the book value, the stock may be priced for strong future profits, and if it’s below, the stock might look undervalued or reflect asset concerns.

GPU technical

"providing enterprise customers with GPU hardware devices integrated with artificial intelligence..."

A GPU (graphics processing unit) is a specialized computer chip designed to handle many calculations at once, originally for rendering images and video but now widely used for tasks like artificial intelligence, data analysis and high-performance computing. Investors watch GPU demand and prices because strong sales often signal growth for chip makers and their customers, affect profit margins and capital spending, and can forecast wider trends in gaming, AI adoption and cloud services.

artificial intelligence technical

"GPU hardware devices integrated with artificial intelligence data processing modules."

Artificial intelligence is the ability of computers and machines to perform tasks that typically require human thinking, such as understanding language, recognizing patterns, or making decisions. For investors, it matters because AI can enhance efficiency, uncover new insights, and enable smarter strategies, potentially impacting the value and performance of companies that develop or utilize this technology.

Nasdaq listing rules regulatory

"we will strictly abide by the Nasdaq listing rules and rectify the previous listing compliance issues."

Nasdaq listing rules are the rulebook a company must follow to have its shares traded on the Nasdaq stock exchange, covering entry requirements and ongoing standards for finances, corporate governance, public disclosure and reporting. For investors they matter because the rules create baseline checks — like a driver’s license and regular inspections for a car — that promote transparency, comparability and reduce the risk of fraud or sudden delisting.

AI-generated analysis. Not financial advice.

HONG KONG, March 25, 2026 /PRNewswire/ -- CIMG Inc. ("CIMG" or the "Company") (Nasdaq: IMG), a business group specializing in digital health and sales development, which utilizes technologies and marketing networks to enhance its business partners' sales growth and commercial value, today announced that it has reported its financial results for the three months ended December 31, 2025, which shows that the Company achieved significant revenue growth and a continued reduction in net loss for such period.

Financial Results for the Three Months ended December 31, 2025 (vs. the same period in 2024)

1. Total revenue was $15,768,796 during the three months ended December 31, 2025, compared to $22,853 in the prior-year period, reflecting the initial impact of the Company's expansion into medicine-food homology products and computing power solutions. This growth primarily reflects early-stage commercialization and expansion of new business lines.

2. Expanded scale of digital asset holdings: As of December 31, 2025, the Company held 730 Bitcoins with a carrying value of $63,978,821.

3. As of December 31, 2025, the book value per share was approximately $3.6, based on the number of the Company's shares outstanding as of that date.

Progress in Business Strategic Transformation and Operations

During the three months ended December 31, 2025, the Company continued to advance its transformation to the health consumer goods category and computing power technology products in the Asia market, with multiple key progress made:

1. Continuous improvement of product line layout: Relying on digital marketing strategies, the Company achieved sales growth of its medicine-food homology products; the computing power product series was officially launched in September 2025, providing enterprise customers with GPU hardware devices integrated with artificial intelligence data processing modules. During the three months ended December 31, 2025, the Company generated revenue from computing power products through contracts with enterprise customers, including China Merchants Bank.

2. Accelerated global subsidiary layout: During the three months ended December 31, 2025, the Company set up wholly-owned subsidiaries in Shenzhen and Foshan, China, and acquired Braincon Limited ("Braincon HK") and Braincon HK's subsidiary, Beijing Xin Miao Shi Dai Technology Development Co., Ltd.. This improved the Company's production, sales and R&D layout in the Asia market, and strengthened its localized operation capabilities.

Alice Wang, Chairman and CEO of CIMG, stated: "the Company will continue to focus on the Asia market and deepen the dual-track layout of health consumer goods and computing power technology products. On the one hand, we will seek to expand the online and offline sales channels for maca series and homology of medicine and food series products, optimize product pricing and cost control, and improve the gross profit margin of core categories over time, although there can be no assurance that these efforts will be successful. On the other hand, we will increase R&D investment in computing power products, improve the industry-specific customized development of artificial intelligence data processing modules, further expand the enterprise customer base, and raise the revenue share of the computing power business."

"In terms of capital operation and compliant operations, the company will actively advance the follow-up financing plan and optimize the capital structure. At the same time, we will strictly abide by the Nasdaq listing rules and rectify the previous listing compliance issues. The company has filed an appeal against the Nasdaq delisting decision and will make every effort to maintain its listing status. In addition, the company will strengthen the construction of internal financial management and internal control systems, improve operational efficiency, and drive the Company's transition from business transformation to profit growth," Alice Wang added.

About CIMG

CIMG is a business group specializing in digital health and sales development, with a cryptocurrency-focused strategy. The Company leverages AI and cryptocurrencies (such as Bitcoin and stablecoins) to drive business growth, helping clients maximize user growth and enhance brand management value. The Company's current client portfolio includes brands such as Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "anticipate," "aim," "intend," "plan," "believe," "estimate," "expect," "project," "target," "may," "should," "will," "future," "likely," and similar references to future periods. These forward-looking statements include, without limitation, statements regarding the Company's expected operating results, revenue growth, business strategy, development of its AI computing and digital health businesses, digital asset strategy, potential future purchases or holdings of Bitcoin or other digital assets, anticipated benefits from computing power service contracts, liquidity and capital resources, and the Company's ability to execute its strategic plans.

Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, including, but not limited to, risks related to fluctuations in the market price of Bitcoin and other digital assets; the Company's ability to execute and realize the expected benefits of computing power and digital health contracts; the Company's ability to raise additional capital if needed; its ability to maintain compliance with Nasdaq listing standards; risks related to doing business in the People's Republic of China, including regulatory, legal, and currency transfer risks; general economic and market conditions; competition; and other risks described in the Company's filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.

Actual results may differ materially from those expressed or implied by these forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, except as required by applicable law.

View original content:https://www.prnewswire.com/news-releases/cimg-inc-reports-q1-financial-results-302724800.html

SOURCE CIMG Inc.

FAQ

What revenue did IMG report for Q1 ended December 31, 2025?

CIMG reported $15,768,796 in revenue for Q1 ended December 31, 2025. According to the company, this compares to $22,853 in the prior-year period and reflects early-stage commercialization of new product lines.

How many Bitcoins does IMG hold and what is their reported carrying value?

CIMG holds 730 Bitcoins with a carrying value of $63,978,821 as of December 31, 2025. According to the company, this represents an expanded scale of digital asset holdings reported on that date.

What computing power products did IMG launch and when?

IMG launched a computing power product series in September 2025, offering GPU hardware with AI data processing modules. According to the company, it generated contract revenue from enterprise customers, including China Merchants Bank.

What acquisitions and subsidiaries did IMG complete in Q1 2026 reporting?

During the quarter, IMG established subsidiaries in Shenzhen and Foshan and acquired Braincon HK and its Beijing subsidiary. According to the company, these moves strengthen production, sales and R&D in the Asia market.

What is IMG doing about the Nasdaq delisting decision?

CIMG has filed an appeal of the Nasdaq delisting decision and intends to maintain its listing status. According to the company, it will also advance financing plans and strengthen internal controls and compliance efforts.