AB International Group Corp. reported a significant increase in revenue for the fiscal year ending August 31, 2025, with total revenues reaching $6.37 million, up from $3.30 million in the previous year. This growth was primarily driven by increased sales of movie copyrights, licensing fees from the NFT MMM platform, and revenue from the operation of its movie theater. The company generated $291,060 from its theater operations, which included $187,620 from ticket sales, $78,512 from food and beverage sales, and $24,928 from advertisements. Despite the revenue growth, the company faced a working capital deficit of approximately $3.25 million as of August 31, 2025, compared to a working capital of $160,617 the previous year.

Operating costs and expenses also rose to $4.49 million in 2025, up from $2.81 million in 2024. The increase in expenses was attributed to higher costs associated with copyrights sold, general and administrative expenses, and a notable rise in related party salaries, which included a one-time compensation of $99,000 and a bonus of $400,000 to the CEO. The company reported a net income of $1.46 million for the year, compared to $542,331 in the prior year, indicating improved profitability despite rising costs.

Strategically, AB International Group has made several significant moves, including the acquisition of 19 movie copyrights and various TV drama rights, as well as the establishment of its subsidiary, AI+ Hubs Corp. The company also transitioned to utilizing a third-party platform for broadcasting its films and TV dramas after selling its proprietary platform, ABQQ.tv, in January 2025. The licensing of the NFT MMM platform to Anyone Pictures Limited has been a key revenue stream, with the company continuing to license the platform through 2026.

As of August 31, 2025, AB International Group employed eight individuals and has been focusing on expanding its geographic reach and product offerings. The company has plans to enhance its revenue streams through increased sales of copyrights and broadcast rights, as well as embedded marketing services. However, the company faces challenges, including intense competition in the media and entertainment industry, particularly from established players in the streaming market. The company’s future operations depend on its ability to secure additional financing and achieve sustainable profitability, as indicated by its ongoing efforts to attract investment and manage operational costs effectively.

About AB INTERNATIONAL GROUP CORP.

AB International Group Corp. is an intellectual property and media investment firm focused on acquiring and licensing movies, TV shows, and music. It operates the ABQQ.tv streaming service and a physical movie theater in New York. With a growing market for digital content and NFTs, the company targets media consumers and aims to expand its offerings. Recent initiatives include acquiring 73 movie copyrights and enhancing its NFT platform for licensing opportunities.

This description was generated via AI from an annual report. Updated 8 months ago.

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