ELONG POWER-A (ELPW)
NASDAQ
$2.25-$0.02 (-0.84%)
Price as of Oct 23, 2026 7:46 PM EDTKey Performance
More- Earnings Score: N/A
- Momentum Score: 58
- True Yield: N/A
- Financial Health Score: N/A
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Latest Research & News
Elong Power Holding Limited Announces First Half 2026 Financial Results
Elong Power (NASDAQ: ELPW) announced H1 2026 results showing net revenue of $2.90 million (up 14,977% YoY) following its divestment of lithium battery manufacturing and pivot to asset-light energy storage system integration. The company reported net income of $20.49 million, primarily driven by a $22.61 million non-operating gain from the battery business disposal. However, continuing operations showed a net loss of $2.11 million with thin 0.3% gross margins. The company raised approximately $20 million in public offerings to fund R&D and global market expansion.
10/06/2026, 5:00 AM • GlobeNewswire
