NEW YORK, Dec. 03, 2024 - PRISM MediaWire - AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, today announced the Company entered into Repurchase Agreements with four shareholders, all non-affiliates of the Company, pursuant to which the Company agreed to repurchase shares of their Common Stock, $0.001 par value, amounting to 300,000,000 shares for cancellation. The price to be paid by the Company under the Repurchase Agreements is...
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ABQQ Reports FY 2024 Audited Financial Results, Introduces FY 2025 Outlook, Announces to Repurchase $5 Million of Shares by Year-End 2025
FY 2024 REVENUE INCREASED 125% TO A RECORD $3.3 MILLION FY 2024 REACH OPERATIONAL PROFITABILITY NET INCOME TO A RECORD $0.54 MILLION GUIDES FY 2025 REVENUE GROWTH OF APPROX. 150%; EPS RANGE OF $0.001 TO $0.002 ANNOUNCES INCREASE TO PREVIOUSLY COMMUNICATED SHARE REPURCHASE GOAL, TO REPURCHASE $5 MILLION OF SHARES BY YEAR END 2025 NEW YORK, Nov. 26, 2024 - PRISM MediaWire - AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, announces...
AB INTL GROUP Announces Launch of a Film Entity as Subsidiary in China
NEW YORK, September 4, 2024 -- AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, announces the launch of a wholly owned subsidiary in China, which is aiming to tap into one of the world's largest and most dynamic film markets. 1.Market Access and Revenue Potential: China's film industry has been rapidly growing, ranking as the second-largest box office market globally. By establishing a subsidiary there, ABQQ gains direct access to...
AB INTL GROUP Announces Repurchase of Common Stock for Cancelation
NEW YORK, Aug. 26, 2024 - AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, today announced a repurchase of 50,296,980 shares of common stock for cancelation. Its positive cash flow continues to come from net profitability to enable the repurchase of more shares in the near future. On August 21, 2024, AB International Group Corp. (the “Company”) entered into Repurchase Agreements with seven shareholders, all non-affiliates of the...
AB INTL GROUP Announces Business Updates
NEW YORK, August 20, 2024 -- AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, today announced business updates. Achieved net profitability in latest quarter ending on May 31, 2024. **Financial Performance**: - Recent financial reports indicate a focus on increasing revenues while reducing expenses, leading to net profitability. For the period ending May 31, 2024, the Company reported a significant increase in revenue and a...
AB INTL GROUP Reports of Financial Results for period ending May 31, 2024 and achieved Net Profitability
NEW YORK, August 12, 2024 -- AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, announces its financial results for the period ended May 31, 2024. The financial results have been filed in a 10-Q with the U.S. Securities and Exchange Commission (the "SEC"). Key Financial Highlights: Revenues for the three months ended May 31, 2024, increased 22% to $698,311, as compared to $573,389 for the three months ended May 31, 2023. Net income...
AB INTL GROUP Announced Fencing Film “THE ONE” Premiere for Screening on Cinemas in China
NEW YORK, July 30, 2024 -- AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, announces its fencing film “THE ONE” (YiJianZhongQing), its distributor has executed definitive agreement with Hua Xia Film Group, the leading nationwide distributor in China to distribute the movie to be screened in cinemas nationwide beginning on 1st day of August 2024. The starring cast along with the director will attend the press conference to kick...