Market News / Story
Elong Power Holding Limited (ELPW) Posts H1 Revenue $2.90M, Loss From Ops
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Elong Power reported unaudited H1 2026 revenue of $2.90M, gross margin of 0.3% with $8,994 gross profit, and a $2.11M net loss from continuing operations after divesting battery manufacturing and pivoting to energy storage integration. Material Details #DetailAI Analyst View1H1 revenue $2.90M (vs $19,229 prior)Sharp ramp from a low base signals early traction post-pivot.2Gross margin 0.3%; gross profit $8,994Near-zero margin highlights pricing pressure and scale…