Canopy Wave, SAIheat subsidiary, posts 2025 net income of US$ 535,000

Bitget2026/09/30 10:03

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Canopy Wave, a subsidiary of SAIheat Limited, posted net income of US$ 535,000 for the year ended Dec. 31, 2025.
Total revenue rose to US$ 12.37 million from US$ 6.32 million in the prior period, led by service contract revenue of US$ 6.28 million.
Operating income totaled US$ 908,000, swinging from an operating loss of US$ 1.35 million a year earlier.
Cash and cash equivalents increased to US$ 3.03 million from US$ 1.52 million at Dec. 31, 2024.
Canopy Wave reported long-term borrowings of US$ 1.76 million, up from US$ 1.56 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SAIheat Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-104816), on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Canopy Wave, SAIheat subsidiary, posts 2025 net income of US$ 535,000

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