Thu, Jun 12, 8:28 PM (32 days ago)
### Summary of Jingbo Technology, Inc. (Ticker: JGTO) **Financial Performance:** - **Revenue:** $2,141,654 for the year ended February 28, 2025, up from $1,583,637 in 2024. - **Net Income:** The company reported a net loss of $6,016,408 for 2025, compared to a net loss of $5,482,077 in 2024. - **Operating Expenses:** Total operating expenses were $5,089,754 for 2025, up from $4,570,356 in 2024. - **Earnings per Share (EPS):** The company reported a loss per share of $0.05 for 2025. **Strategic Overview:** - **Business Model:** Jingbo Technology, Inc. operates in the smart parking application software and platform business ecosystem. The company provides smart parking projects, mobile applications, and cloud platform construction innovation. - **Market Position:** The company operates in China and has a significant presence in the smart parking industry. The company has a combination of online and offline car services, covering auto repair and maintenance, auto supplies, auto body shop, modifications, car wash, and commercial business around the automotive industry. **Future Outlook:** - **Growth Strategy:** The company plans to expand its business into new markets and increase its customer base. The company also plans to develop new products and services to meet the growing demand for smart parking solutions. - **Financial Outlook:** The company expects to generate significant revenue from its smart parking business and plans to invest in new technologies to improve its services. **Risk Factors:** - **Regulatory Risks:** The company operates in China and is subject to Chinese regulations. Changes in regulations could impact the company's operations and financial performance. - **Market Risks:** The company operates in a competitive market and faces competition from other smart parking solution providers. The company's ability to compete effectively will depend on its ability to innovate and provide high-quality services. **Financial Condition:** - **Liquidity:** The company had total assets of $12,222,816 as of February 28, 2025, with current assets of $7,085,559 and non-current assets of $5,137,257. The company had total liabilities of $35,231,324, with current liabilities of $13,670,065 and non-current liabilities of $21,561,259. - **Capital Structure:** The company had 555,315,412 shares of common stock issued and outstanding as of June 6, 2025. **Market Position Changes:** - **Competitive Landscape:** The company faces competition from other smart parking solution providers. The company's ability to compete effectively will depend on its ability to innovate and provide high-quality services. - **Market Trends:** The smart parking industry is growing rapidly, driven by the increasing demand for parking solutions in urban areas. The company is well-positioned to benefit from this trend.