Ebang International Holdings Inc. announced its fiscal year 2024 financial results, showcasing a significant turnaround. Total net revenues increased by 20.9% to US$5.9 million, with a gross profit of US$1.2 million compared to a loss in the previous year. The net loss for 2024 was US$20.9 million, an improvement from US$38.0 million in 2023. The company's Chairman highlighted a focus on expanding into the renewable energy sector while maintaining operational cost control. The firm reported US$213.8 million in cash and equivalents as of December 31, 2024. Ebang aims to leverage its blockchain and Fintech expertise in these new ventures and maintain market adaptability for future growth.