Scientific Energy, INC
Market Movers (8-K)
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Scientific Energy, Inc. has filed a Form 15 with the SEC to terminate the registration of its common stock, suspending its public reporting obligations.
Worse than expected
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8-K: Scientific Energy Inc. Announces Change of Auditor: Centurion ZD Resigns, AOBG CPA Limited Engaged
Scientific Energy, Inc. reports the resignation of Centurion ZD CPA & Co. as its independent auditor and the engagement of AOBG CPA Limited, effective January 13, 2025.
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Scientific Energy, Inc. has amended its graphite ore purchase agreement with Madagascar Graphite Limited, moving to an output-based payment system using company stock instead of advance payments.
Capital raise
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Scientific Energy, Inc. has entered into a stock purchase agreement with Faithful Securities Limited, issuing 480,000 shares of restricted common stock for $240,000.
Capital raise
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Scientific Energy, Inc. has entered into a 6-year agreement with Madagascar Graphite Limited to secure a long-term supply of graphite ore for its planned graphite production line.
Capital raise
Quarterly Earnings (10-Q)
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Scientific Energy, Inc. reported a significant 77% decline in net income for the nine months ended September 30, 2025, alongside a 'going concern' warning and escalating regulatory risks from China.
Worse than expected
Capital raise
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Scientific Energy, Inc. reported a 39% revenue increase but a 72% decline in net profit for the first half of 2025, alongside a 'going concern' warning and significant regulatory risks in its Macau and China operations.
Capital raise
Worse than expected
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Scientific Energy, Inc. announced a significant turnaround to net profit in the first quarter of 2025, driven by substantial revenue growth in its graphite trading segment, despite ongoing concerns about its ability to continue as a going concern and the complex regulatory environment in China and Macau.
Better than expected
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Scientific Energy, Inc. reports a significant increase in revenue for the third quarter of 2024, primarily driven by its new graphite trading business, alongside growth in its existing food and beverage delivery services.
Better than expected
Capital raise
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Scientific Energy, Inc. saw a significant increase in revenue during the second quarter of 2024, primarily due to its graphite business and delivery services.
Worse than expected
Capital raise
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Scientific Energy, Inc. has filed an amendment to its first quarter 2024 report due to the disclosure of a subsidiary disposal, with the amendment not reflecting any events after the original filing date.
Worse than expected
Capital raise
Annual Reports (10-K)
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Scientific Energy, Inc. announced a substantial 76% increase in total revenue to $68.6 million and a shift from a net loss of $32.7 million in 2023 to a net income of $69,847 in 2024, driven by its Macau food delivery and new graphite sales businesses, though auditors express substantial doubt about its ability to continue as a going concern.
Better than expected
Capital raise
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Scientific Energy, Inc. files Amendment No. 3 to its 2023 Form 10-K/A to address comments from the SEC regarding key information, business operations, risk factors, cybersecurity, and foreign jurisdictions.
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Scientific Energy, Inc. has filed an amendment to its annual report to address SEC comments, focusing on risk factors and foreign jurisdiction disclosures.
Worse than expected
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Scientific Energy, Inc. filed an amendment to its annual report to provide specific disclosures about legal and operational risks associated with its business operations in Macau.
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Scientific Energy, Inc. reports a profitable year in 2023 driven by its Macau food delivery platform, while also expanding into graphite production.
Better than expected
Capital raise