Communication Services -
Internet Content & Information - NASDAQ - US
$ 0.4849
-3.29 %
$ 6.5 M
Market Cap
-0.29
P/E
1. INTRINSIC VALUE
Balance Sheet
Asset Entities Inc.
| Current Assets | 2.7 M |
| Cash & Short-Term Investments | 2.66 M |
| Receivables | 0 |
| Other Current Assets | 37.2 K |
| Non-Current Assets | 520 K |
| Long-Term Investments | 0 |
| PP&E | 10.1 K |
| Other Non-Current Assets | 510 K |
| Current Liabilities | 431 K |
| Accounts Payable | 431 K |
| Short-Term Debt | 0 |
| Other Current Liabilities | 369 |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Asset Entities Inc.
| Revenue | 633 K |
| Cost Of Revenue | 0 |
| Gross Profit | 633 K |
| Operating Expenses | 7.04 M |
| Operating Income | -6.4 M |
| Other Expenses | -10.1 K |
| Net Income | -6.39 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Asset Entities Inc.
| Net Income | -6.39 M |
| Depreciation & Amortization | 2.71 K |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 1.21 M |
| Change in Working Capital | 279 K |
| Others | -1.62 K |
| Free Cash Flow | -4.9 M |
Wall Street Analysts Price Targets
Asset Entities Inc.
ASST has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
ASST does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Asset Entities Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
3.47 M USD 7
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
TikTok Approves Asset Entities as an Official TikTok Shop Partner
DALLAS, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or the “Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, today announced it has been approved as an official TikTok Shop Partner. TikTok is one of the largest social media platforms in the world.
globenewswire.com
- 4 months ago
Asset Entities Acquires TikTok Money Machine Community Entering the New Multi-Billion TikTok Creator and Seller Market
DALLAS, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or the “Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, today announced it has acquired the assets in the TikTok Shop space known as the TikTok Money Machine which includes its Discord community.
globenewswire.com
- 4 months ago
Asset Entities Gross Revenues Increase 237% for the period ending September 30, 2024
DALLAS, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, is pleased to announce that its revenues for the quarter ended September 30, 2024 were $202,921 compared to revenues of $60,135 for the quarter ended September 30, 2023, representing a 237% year over year increase.
globenewswire.com
- 4 months ago
Asset Entities Signs Macy Gray, Multi-Platinum, Grammy Award Winning Artist, to Design, Develop, and Manage Her Music and Entertainment Discord Community
DALLAS, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, today announced that renowned Grammy Award-winning R&B and soul singer, songwriter, producer and actress Macy Gray has chosen Asset Entities to Design, Develop, and Manage her server on the Discord social community platform.
globenewswire.com
- 5 months ago
Asset Entities Signs Pivotal Agreement to Build What Could Become The World's Largest Digital Fitness Community
DALLAS, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, announced today that well-known social media influencer, American fitness model, training specialist, actor, and entrepreneur, Scott Mathison, has selected Asset Entities to Design, Develop, and Manage his digital fitness community server on the Discord social community platform and has entered into a new client Agreement with the Company.
globenewswire.com
- 6 months ago
Asset Entities Inc. Regains Compliance with Nasdaq
DALLAS, July 29, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, today announced that the Company received formal notice (the “Notice”) from the Nasdaq Office of General Counsel of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”).
globenewswire.com
- 8 months ago
Asset Entities Inc. Announces Reverse Stock Split to Regain Compliance with Nasdaq's Minimum Bid Price
DALLAS, June 28, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or the “Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, today announced a 1-for-5 reverse stock split (the “Reverse Stock Split”) of its class A common stock, $0.0001 par value per share (the “Class A Common Stock”), and its class B common stock, $0.0001 par value per share (the “Class B Common Stock” and together with the Class A Common Stock, the “common stock”).
globenewswire.com
- 9 months ago
UPDATE – Asset Entities Inc. Completes Strategic Acquisition of the Assets of TommyBoyTV
DALLAS, June 24, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary payment platform company, today announced that it has acquired the assets of TommyBoyTV, LLC, a company engaged in the business of Discord development, social media, online community management, marketing, and analytics.
globenewswire.com
- 9 months ago
Asset Entities Inc. Completes Strategic Acquisition of the Assets of TommyBoyTV
DALLAS, June 24, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary payment platform company, today announced that, effective June 17, 2024, it has acquired the assets of TommyBoyTV, LLC, a company engaged in the business of Discord development, social media, online community management, marketing, and analytics.
globenewswire.com
- 9 months ago
Crystal Expands Presence in Dubai, Bringing Deeper Support and Market Compliance Capabilities for Virtual Asset Entities in the Region
DUBAI, United Arab Emirates--(BUSINESS WIRE)-- #Blockchain--Crystal, a leading blockchain analytics, compliance and risk monitoring firm, expands its Dubai presence to provide deeper support for MEA clients.
businesswire.com
- 10 months ago
Asset Entities Announces Third Episode of “The Lounge” Podcast With Two-time NFL Superbowl Champion Ray Crockett
DALLAS, May 23, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary payment platform company, today announced that the third episode of its official YouTube channel, "The Lounge," will feature two-time NFL Super Bowl champion Ray Crockett, who will offer insights on his storied career and personal journey through life.
globenewswire.com
- 10 months ago
Asset Entities Announces Second Episode of "The Lounge" Podcast with Music Industry Legend Jeff Blue
DALLAS, April 19, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. ("Asset Entities" or "the Company") (Nasdaq: ASST ), a provider of digital marketing and content delivery services across Discord and other social media platforms, and Ternary Payment Platform company, today announced that the second episode of its official YouTube channel, "The Lounge," will feature music industry icon Jeff Blue, who will offer personal insights on the music industry, family life, and his storied music career.
globenewswire.com
- 11 months ago
8. Profile
Summary
Asset Entities Inc. ASST
COUNTRY
US
INDUSTRY
Internet Content & Information
MARKET CAP
$ 6.5 M
Dividend Yield
0.00%
Description
Asset Entities Inc., a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It also designs, develops, and manages servers for communities on Discord. The company was founded in 2020 and is based in Dallas, Texas. Asset Entities Inc. operates as a subsidiary of Asset Entities Holdings, Llc
Contact
100 Crescent Court, Dallas, TX, 75201
https://www.assetentities.com
IPO
Date
Feb. 3, 2023
Employees
11
Officers
Mr. Youngsuk Lee
Chief Technology Officer
Mr. Matthew Krueger
Chief Financial Officer, Secretary & Treasurer
Mr. Michael Gaubert
Executive Chairman & General Counsel
Mr. Derek Dunlop
Chief Experience Officer
Mr. Daniel Montoya
Senior Sales Director
Mr. Jackson Fairbanks
Co-Founder & Director of Socials
Mr. Jeff Blue
Head of Entertainment
Mr. Arshia Sarkhani
Co-Founder, Chief Executive Officer, President & Director
Mr. Arman Sarkhani
Co-Founder & Chief Operating Officer
Mr. Kyle Fairbanks
Co-Founder, Chief Marketing Officer & Executive Vice-Chairman