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Asia Broadband switches GoldAxis Wallet to new technology provider
Asia Broadband has begun migrating its GoldAxis Wallet to a new technology and service provider and advises users to transfer digital assets to independent self‑custody wallets until the new infrastructure is complete. The move follows repeated operational issues, delays in phase 2 and unreliable performance by the previous provider; a migration guide is available on the website. For Algorand assets such as AABBG, AABBS and ALGO the company recommends Algorand‑compatible wallets (e.g., Pera Wallet), and for Bitcoin/Ethereum it recommends multi‑asset wallets (e.g., Exodus). Asia Broadband is vetting new providers with a focus on cybersecurity, infrastructure reliability and service‑level standards and warns users not to share seed phrases, private keys or passwords. » More on de.investing.com
Asia Broadband withdraws civil lawsuit in California without prejudice
Asia Broadband voluntarily dismissed its case in the U.S. District Court for the Central District of California without prejudice. The withdrawal allows the legal team to continue analyzing collected trading data and to determine the scope of any potential future legal action. The company emphasizes that operations of its precious metals production in Mexico and its segment for gold- and silver-backed digital assets will continue. » More on de.investing.com
Asia Broadband records $8.7 million quarterly revenue from gold and silver production
Asia Broadband reported $8.7 million in revenue from gold and silver production for the second quarter of 2026. Production revenues for the first six months totaled $14.9 million, surpassing full-year 2025 revenue of $12.7 million. Production at the Etzatlan plant doubled to over 600 tonnes per day, generating monthly revenues of about $1.6 million and a quarterly revenue of $4.8 million; the company also retained $5 million from Q2, raising the book value of its bullion inventory to $48.5 million. Asia Broadband expects gross production revenues of more than $30 million for 2026. » More on de.investing.com
Financials
| (EUR) | June 2026 | |
|---|---|---|
| Revenue | 7.64M | 243.53% |
| Gross profit | 1.6M | 170.73% |
| Net profit | 1.19M | 73.52% |
| EBITDA | 1.58M | 144.08% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €41.1M |
Number of shares | 4.64B |
52-week high/low | €0.0356 - €0.0086 |
| Dividends | No |
Beta | 1.50 |
P/E ratio | 17.17 |
PEG ratio | -0.24 |
P/B ratio | 0.28 |
P/S ratio | 2.12 |
Company profile
Asia Broadband, Inc. konzentriert sich über seine Tochtergesellschaft Asia Metals Inc. auf die Produktion, die Lieferung und den Verkauf von Edel- und Basismetallen hauptsächlich in asiatischen Märkten. Es betreibt auch AABB Gold Token, eine geprägte Mine-to-Token Gold-backed cryptocurrency; und AABB Wallet. Das Unternehmen wurde 1996 gegründet und hat seinen Sitz in Las Vegas, Nevada.
| Name | ASIA BROADBAND INC.DL-,01 Aktie |
| CEO | Chris Torres |
| Headquarters | Las Vegas,
nv USA |
| Website | |
| IPO | 04/24/1998 |
| Employees | 42 |
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