Security
NIP Group Inc. American Depositary Shares · NIPG
NIPGNASDAQotherCurrentCIK 1966233Updated Nov 5, 2026
Name history
ESVF Esports Group Inc. · through Feb 22, 2023
NIPG price & chart
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NASDAQ:NIPG on TradingView ↗About the company
NIP Group (NASDAQ: NIPG) operates at the nexus of Bitcoin mining, compute infrastructure and global digital entertainment. Rooted in a decade of gaming DNA and industry leadership, the Company brings a cultural and community-driven edge to digital asset operations. Headquartered in Abu Dhabi with teams worldwide, NIP Group pairs significant compute capacity with a global gaming and entertainment ecosystem including esports teams, live events and content networks, reaching hundreds of millions of fans.
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Recent filings
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Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 |
|---|---|---|
| ASSETS | ||
| AssetsUSD | 312,566,366Source | 313,839,555Source |
| Property, Plant and Equipment, NetUSD | 3,043,272Source | 2,917,525Source |
| GoodwillUSD | 131,909,760Source | 141,402,327Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 127,981,521Source | 133,969,114Source |
| Current assets: | ||
| Cash and Cash Equivalents, at Carrying ValueUSD | 9,559,298Source | 7,594,601Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 28,379,548Source | 18,995,477Source |
| Assets, CurrentUSD | 44,415,102Source | 29,354,290Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,518,143Source | 2,093,740Source |
| Operating Lease, Right-of-Use AssetUSD | 1,965,772Source | 2,124,481Source |
| Other Assets, NoncurrentUSD | 1,162,119Source | 3,521,024Source |
| LIABILITIES AND EQUITY | ||
| LiabilitiesUSD | 70,143,014Source | 61,100,450Source |
| Stockholders’ equity: | ||
| Additional Paid in CapitalUSD | 373,890,499Source | — |
| Retained Earnings (Accumulated Deficit)USD | -128,921,657Source | -80,300,893Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -10,522,210Source | 5,425,370Source |
| Stockholders' Equity Attributable to ParentUSD | 234,526,583Source | -74,803,103Source |
| Liabilities and EquityUSD | 312,566,366Source | 313,839,555Source |
| Current liabilities: | ||
| Liabilities, CurrentUSD | 40,334,491Source | 28,778,724Source |
| Operating Lease, Liability, CurrentUSD | 768,955Source | 644,858Source |
| Accounts Payable, CurrentUSD | 19,070,470Source | 12,728,929Source |
| Operating Lease, Liability, NoncurrentUSD | 1,093,079Source | 1,475,374Source |
| Deferred Income Tax Liabilities, NetUSD | 23,661,207Source | 24,659,215Source |
| Other Liabilities, NoncurrentUSD | 131,017Source | 131,017Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 4,938,214Source | 4,999,945Source |
| Additional Financial Items | ||
| Accrued Liabilities, CurrentUSD | 6,527,390Source | 6,106,258Source |
| Deferred Revenue, CurrentUSD | 1,038,307Source | 500,785Source |
| Deferred Tax Liabilities, NetUSD | 23,661,207Source | 24,659,215Source |
| Long-term Debt, Excluding Current Maturities | —Source | —Source |
| Long-term Debt, Current MaturitiesUSD | 273,998Source | 281,694Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 3,376,519Source | 3,713,180Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | 2,958,555Source | — |
| Short-term InvestmentsUSD | 2,995,607Source | — |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 |
|---|---|---|
| Cash flows from operating activities: | ||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -12,685,321Source | -13,257,849Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | 6,122,348Source |
| Changes in operating assets and liabilities: | ||
| Increase (Decrease) in Accounts ReceivableUSD | 10,818,047Source | 3,286,086Source |
| Increase (Decrease) in Accounts PayableUSD | 6,024,970Source | 2,868,156Source |
| Deferred Income Tax Expense (Benefit)USD | -2,495,899Source | -1,382,822Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -16,542,944Source | -5,153,989Source |
| Cash flows from investing activities: | ||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -4,959,223Source | 2,170,529Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 714,009Source | 95,923Source |
| Cash flows from financing activities: | ||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 23,458,121Source | 1,364,459Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 1,964,697Source | -1,993,028Source |
| Supplemental disclosure of cash flow information: | ||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 552,671Source | 373,415Source |
| Income Taxes Paid, NetUSD | -162,380Source | -31,799Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 8,743Source | -374,027Source |
| Additional Financial Items | ||
| Share-based Payment Arrangement, ExpenseUSD | — | 6,122,348Source |
| Amortization of Intangible AssetsUSD | 4,693,884Source | 4,764,034Source |
| DepreciationUSD | 353,788Source | 592,345Source |
| Gain (Loss) on Disposition of Intangible AssetsUSD | -117,424Source | -129,561Source |
| General and Administrative ExpenseUSD | 11,768,315Source | 15,273,231Source |
| GoodwillUSD | 131,909,760Source | 141,402,327Source |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | -56,285Source | -85,942Source |
| Income Tax Expense (Benefit)USD | -2,369,759Source | -1,200,855Source |
| InterestExpenseNonoperatingUSD | 537,479Source | 523,317Source |
| Net Income (Loss) Attributable to ParentUSD | -12,689,785Source | -13,258,029Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 4,464Source | 180Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -48,620,764Source | -57,172,736Source |
| Nonoperating Income (Expense)USD | 1,833,477Source | 193,237Source |
| Operating ExpensesUSD | 19,899,092Source | 21,850,627Source |
| Other Nonoperating Income (Expense)USD | 2,370,956Source | 716,554Source |
| Payments to Acquire InvestmentsUSD | 3,000,000Source | — |
| Proceeds from Issuance of Common StockUSD | 20,260,243Source | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 |
|---|---|---|
| Total RevenueUSD | 85,318,436Source | 83,724,966Source |
| Cost of Goods and Services Sold | —Source | —Source |
| Operating Income (Loss)USD | -16,888,557Source | -14,651,941Source |
| Other Nonoperating Income (Expense)USD | 2,370,956Source | 716,554Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -15,055,080Source | -14,458,704Source |
| Income Tax Expense (Benefit)USD | -2,369,759Source | -1,200,855Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 4,464Source | 180Source |
| Net Income (Loss) Attributable to ParentUSD | -12,689,785Source | -13,258,029Source |
| Earnings Per Share, BasicUSD per share | -0.69Source | -1.54Source |
| Earnings Per Share, DilutedUSD per share | -0.69Source | -1.54Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 70,200,374Source | 37,160,593Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 70,200,374Source | 37,160,593Source |
| Interest Expense (non-operating)USD | 537,479Source | 523,317Source |
| Additional Financial Items | ||
| Amortization of Intangible AssetsUSD | 4,693,884Source | 4,764,034Source |
| Current Income Tax Expense (Benefit)USD | 126,140Source | 181,967Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 5,047,672Source | 6,083,094Source |
| General and Administrative ExpenseUSD | 11,768,315Source | 15,273,231Source |
| Gross ProfitUSD | 3,010,535Source | 7,198,686Source |
| Income (Loss) from Equity Method InvestmentsUSD | -56,285Source | -85,942Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -48,620,764Source | -57,172,736Source |
| Nonoperating Income (Expense)USD | 1,833,477Source | 193,237Source |
| Operating ExpensesUSD | 19,899,092Source | 21,850,627Source |
| Selling and Marketing ExpenseUSD | 8,130,777Source | 6,577,396Source |
Filing attachments
ex99-1.htm · 6-K · 2026-10-20
Exhibit 99.1 NIP Group Expands Bitcoin Mining Capacity with Third Tranche Asset-Purchase Agreement Acquisition Adds Approximately 4.47 EH/s of On-Rack Mining Capacity and Expands Total Installed Hash Rate to Approximately 13.85 EH/s ABU DHABI, United Arab Emirates, October 20, 2026 (GLOBE NEWSWIRE) - NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG), where digital entertainment meets computing infrastructure, today announced it has entered into a definitive on-rack sales and purchase ag…
Read attachment ↗ex99-2.htm · 6-K · 2026-10-20
Exhibit 99.2 Execution Certain information in this document has been excluded pursuant to Item 601(b)(10)(iv) of Regulation S-K under the Securities Act of 1933, as amended, because it is both not material and is the type that the registrant treats as private or confidential. Such omitted information is indicated by brackets (“[REDACTED]”). DATED September 24, 2026 ON-RACK SALES AND PURCHASE AGREEMENT BETWEEN NIP Group Inc. (“PURCHASER”) and PERSONS LISTED IN SECTION 1 OF APPENDIX A (…
Read attachment ↗ex99-1.htm · 6-K · 2026-10-19
Exhibit 99.1 NIP Group Inc. Announces Results of Extraordinary General Meeting ABU DHABI, United Arab Emirates, October 16, 2026 (GLOBE NEWSWIRE) - NIP Group Inc. (“NIP Group” or the “Company”) (NASDAQ: NIPG), a leading digital entertainment company, today announced that the Company’s extraordinary general meeting of shareholders (the “EGM”) was held in Hong Kong on October 16, 2026. During the EGM, the following proposed resolutions were duly passed: by a special resolution that, subject…
Read attachment ↗ex99-1.htm · 6-K · 2026-09-17
Exhibit 99.1 NIP Group Inc. to Hold Extraordinary General Meeting on October 16, 2026 ABU DHABI, United Arab Emirates, September 17, 2026 (GLOBE NEWSWIRE) - NIP Group Inc. (“NIP Group” or the “Company”) (NASDAQ: NIPG), a leading digital entertainment company, today announced that it will hold an extraordinary general meeting of shareholders (the “EGM”) at 8:00 p.m., Hong Kong time, on October 16, 2026 at 29/F, Entertainment Building, 30 Queen’s Road Central, Central, Hong Kong. The purpose of…
Read attachment ↗ex99-2.htm · 6-K · 2026-09-17
Exhibit 99.2 NIP GROUP INC. (Incorporated in the Cayman Islands with limited liability) (Nasdaq Ticker: NIPG) NOTICE OF EXTRAORDINARY GENERAL MEETING to be held on October 16, 2026 (or any adjourned or postponed meeting thereof) NOTICE IS HEREBY GIVEN that an extraordinary general meeting (the “ EGM ”) of NIP Group Inc. (the “ Company ”) will be held at 29/F, Entertainment Building, 30 Queen’s Road Central, Central, Hong Kong on October 16, 2026 at 8:00 PM (Hong Kong time), and at any adj…
Read attachment ↗ex99-1.htm · 6-K · 2026-07-24
Exhibit 99.1 NIP Group Inc. Regains Compliance with Nasdaq’s Minimum Bid Price Requirement ABU DHABI, United Arab Emirates, July 24, 2026 - NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG) today announced that on July 21, 2026, it has received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), stating that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). The matter is …
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