Kuber Resources Corporation
7.87+1.79 (+29.4%)
Oct 29, 4:00:00 PM EDT · OTC Markets OTCQB · KUBR · USD
Key Stats
Market Cap
1.24BP/E (TTM)
393.50Basic EPS (TTM)
0.02Dividend Yield
0%Recent Filings
10-Q
Q2 FY2025 results
Kuber Resources swung to profitability in Q2 FY2025 ended June 30, 2025, posting net income of $387,163, up from a $209,363 loss a year earlier, while YTD net income climbed 223% to $3,087,380 on 28% revenue growth to $9.5M (derived). Gross margins expanded sharply to 54.0% from 34.4% y/y, fueled by higher formaldehyde treatment services and wood panel sales, though operating expenses rose 47% to $2.5M on professional fees and R&D. Cash dipped to $67K amid $91K operating outflow, with $161K total debt at rates up to 12.8% and no revolver; free cash flow not disclosed in the 10-Q. The January 2025 Gongfa acquisition closed via 24.9M common shares under common control, folding in historical assets sans goodwill. Yet customer concentration leaves revenue exposed to key client shifts.
8-K
CFO transition at Kuber
Kuber Resources Corp announced on May 26, 2025, that Raymond Fu resigned as CFO without disputes, remaining CEO and director, with Jiyong Li appointed as the new CFO effective immediately. Li, already CEO of China operations and a board member since 2023, brings expertise in finance and wood product innovations like flame-retardant tech. This shift aligns financial strategy with manufacturing expansion. No compensation details disclosed.
10-Q
Q1 FY2025 results
Kuber Resources posted solid Q1 FY2025 results, with net revenues climbing 22.8% year-over-year to $6.2M from $5.0M, driven by stronger wood panel sales and formaldehyde treatment services, while gross margins expanded to 64.9% from 47.4% thanks to lower costs. Operating income surged 107% y/y to $2.9M, and diluted EPS rose to $0.0171 from $0.0074, aligning with 157.6M weighted shares. Cash dipped slightly to $131K amid inventory buildup, yet total debt stayed low at $180K unsecured with no covenants. The January 2025 Gongfa acquisition via 24.9M common shares bolstered manufacturing under common control, with no goodwill recorded. Cash flow from operations held near breakeven. Still, customer concentration poses risks.
10-K
FY2024 results
Kuber Resources posted FY2024 revenue of $3.9 million, up 74% year-over-year, driven by formaldehyde treatment services that hit $3.8 million amid wood panel expansion in China. Yet net income dipped to $386,000 from $1.2 million in 2023, pressured by soaring operating expenses to $2.5 million—mostly R&D—as the firm geared up for growth. Q4 momentum shone through the September disposal of a non-core subsidiary for $501,000 cash, streamlining focus on core operations. Liquidity strengthened with $5.9 million in current assets, bolstered by related-party financing. No quarterly breakdowns disclosed. The January 2025 Gongfa acquisition adds manufacturing muscle but ties up capital. Seasonality in timber supply could snag quarterly output.
8-K
Board member resigns amicably
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