OverviewSuggest Edit

Asia Broadband (formerly known as Gemini Marketing and Merendon International) is a resource company focused on the production, supply, and sale of precious and base metals. It develops AABB Gold, a minted ERC-20 gold-backed token, and AABB Wallet.
TypePublic
Founded1996
HQLas Vegas, NV, US
Websiteasiabroadbandinc.com

Latest Updates

Employees (est.) (Mar 2021)42
Revenue (FY, 2019)$8.3 M(+68%)
Share Price (Sept 2021)$0.1
Cybersecurity ratingCMore

Key People/Management at Asia Broadband

James G. Gilbert

James G. Gilbert

CEO

Asia Broadband Office Locations

Asia Broadband has offices in Las Vegas and Tepic
Las Vegas, NV, US (HQ)
1980 Festival Plaza Dr Suite 300
Las Vegas, NV, US
3753 Howard Hughes Pkwy suite 200 - 738
Tepic, MX
Av México Nte 27, Centro
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Asia Broadband Financials and Metrics

Asia Broadband Revenue

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View revenue for all periods
Asia Broadband's revenue was reported to be $8.33 m in FY, 2019 which is a 67.2% increase from the previous period.
USD

Revenue (Q3, 2020)

5.4m

Gross profit (Q3, 2020)

4.0m

Gross profit margin (Q3, 2020), %

73.8%

Net income (Q3, 2020)

3.0m

EBIT (Q3, 2020)

3.1m

Market capitalization (2-Sept-2021)

49.4m

Closing stock price (2-Sept-2021)

0.1

Cash (30-Sept-2020)

8.8m

EV

41.2m
Asia Broadband's current market capitalization is $49.4 m.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

882.5k5.0m8.3m

Revenue growth, %

464%67%

Cost of goods sold

605.2k654.8k1.6m

Gross profit

277.3k4.3m6.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

955.4k1.1m1.2m1.4m1.8m2.3m5.0m4.7m5.4m

Cost of goods sold

148.8k155.3k166.9k204.1k278.6k477.8k1.2m1.1m1.4m

Gross profit

806.7k895.6k1.0m1.2m1.5m1.8m3.8m3.6m4.0m

Gross profit Margin, %

84%85%86%86%84%79%76%76%74%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

314.6k6.9m14.9m

Accounts Receivable

16.8k79.7k170.8k

Prepaid Expenses

67.8k

Current Assets

331.4k7.0m15.2m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

932.2k1.4m1.8m6.9m7.7m6.9m7.6m8.3m8.8m

Accounts Receivable

31.1k47.5k65.6k91.5k112.6k139.3k214.6k266.2k308.2k

Prepaid Expenses

50.0k50.0k50.0k67.8k67.8k67.8k

Current Assets

963.4k1.5m1.9m7.0m7.8m7.1m7.9m8.6m9.1m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(12.0k)3.4m5.4m

Depreciation and Amortization

21.5k64.8k281.5k

Accounts Payable

12.7k60.7k56.0k

Cash From Operating Activities

122.3k3.5m5.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

725.7k802.2k2.4m1.0m2.3m3.7m3.1m5.8m8.8m

Depreciation and Amortization

6.4k10.7k36.1k42.5k96.8k170.6k305.1k800.4k1.3m

Accounts Payable

8.3k11.6k36.8k9.6k21.3k37.7k34.9k77.1k93.5k

Cash From Operating Activities

757.2k838.8k2.5m1.1m2.4m3.9m3.4m6.6m10.2m
USDFY, 2017

Debt/Equity

-3.5 x

Debt/Assets

1.4 x

Financial Leverage

-2.6 x
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Asia Broadband Acquisitions / Subsidiaries

Company NameDateDeal Size
Asia Metals Inc.
Shanghai Broadband Inc
Shanghai Broadband Network Inc.

Asia Broadband Revenue Breakdown

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Asia Broadband revenue breakdown by business segment: 42.6% from Mineral Production Sales and 57.4% from Brokered Mineral Sales

Asia Broadband Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

Asia Broadband Online and Social Media Presence

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Asia Broadband News and Updates

Asia Broadband Mining Properties and Facilities Update

LAS VEGAS, July 21, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce the following mining properties and facilities update.

Asia Broadband Proprietary Cryptocurrency Exchange Development and AABB Wallet Update

LAS VEGAS, July 15, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has continued to achieve numerous development milestones in the initial months of building its proprietary cryptocurrency exchange (the …

Asia Broadband Completes Share Retirement and Reduces Total Outstanding Shares by 120 Million

LAS VEGAS, July 13, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that AABB’s management and Board of Directors recently completed the retirement and return of 120 million restricted common shares to the Company treasur…

Asia Broadband Proprietary Cryptocurrency Exchange Development Update and Distinctive Features

LAS VEGAS, June 03, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has continued to achieve numerous development milestones in the initial months of building its proprietary cryptocurrency exchange (the …

Asia Broadband Receives High-Grade Assays Results for Prospective Gold Mine Acquisition in Acaponeta, Mexico

LAS VEGAS, May 25, 2021 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that it has received mapping and rock sample assay results during the ongoing due diligence process with respect to the Letter of Intent to acquire a historic production gol…

Asia Broadband Poised For Growth in 2021 From Strong First Quarter Foundation

LAS VEGAS, May 18, 2021 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce the publishing of the Company’s first quarter financial results highlighted by a strong balance sheet with over $100 million in assets. AABB is in highly liquid financial po…
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Asia Broadband Frequently Asked Questions

  • When was Asia Broadband founded?

    Asia Broadband was founded in 1996.

  • Who are Asia Broadband key executives?

    Asia Broadband's key executives are James G. Gilbert.

  • How many employees does Asia Broadband have?

    Asia Broadband has 42 employees.

  • What is Asia Broadband revenue?

    Latest Asia Broadband annual revenue is $8.3 m.

  • What is Asia Broadband revenue per employee?

    Latest Asia Broadband revenue per employee is $198.3 k.

  • Who are Asia Broadband competitors?

    Competitors of Asia Broadband include UMMC, Eldorado Gold and First Quantum Minerals.

  • Where is Asia Broadband headquarters?

    Asia Broadband headquarters is located at 1980 Festival Plaza Dr Suite 300, Las Vegas.

  • Where are Asia Broadband offices?

    Asia Broadband has offices in Las Vegas and Tepic.

  • How many offices does Asia Broadband have?

    Asia Broadband has 3 offices.