Antelope Enterprise narrowed its six-month loss before tax by 31.6% to $2.6 million, driven by improved gross margins and increased other income rising to $2.1 million. Revenue fell 38.7% year-over-year to $29.9 million with livestreaming ecommerce down 39.4%, while the company deployed $1 million into Bitcoin under its Genius Plan.
For the six months ended March 31, 2026, Antelope Enterprise reduced its loss before tax to $2.6 million from $3.8 million a year earlier, reflecting a $1.2 million, or 31.6%, improvement. Net revenue declined to $29.9 million from $48.7 million, while cost of goods sold fell 39.7%, boosting gross profit margin to 4.29% from 2.54%.
Livestreaming ecommerce accounted for 98% of revenue, falling 39.4% to $29.4 million as the company centralized traffic acquisition and shifted users under Anhui Kylin. Business management and consulting revenue rose 73.2% to $0.5 million, driven by new clients. Total client engagements dropped to 133, with the top five clients contributing $18.8 million.
In February 2026, Antelope Enterprise introduced the Genius Plan to manage Bitcoin treasury reserves through its subsidiary AEHL BTC Inc. It deployed $1 million into digital assets, with a carrying value of $904,000 as of March 31, 2026, and expects favorable market performance and regulatory developments to enhance shareholder returns.
