Blue Hat Interactive Entertainment Technology
bluehatgroup.netWhat Do They Do?
Trades gold and diamonds and provides supply-chain services to refineries, wholesalers and retailers in the gold and jewelry industries.
20-F for FY2024, filed Apr 30, 2025We, through the operations of our subsidiaries, primarily operate a gold and diamond trading and supply chain business. Our business model…View ↗
We create value by providing capital, technology, and connections across the gold supply chain. Our target customers include gold…View ↗
Diamond Wholesalers and Retailers: We supply high-quality diamonds to jewelry manufacturers, wholesalers, and retailers, capitalizing on…View ↗
How Do They Make Money?
Diamond, gemstone and jewelry buyers pay after delivery, with a credit period of 180 days. Shipped orders count as delivered upon shipment, while showroom orders count at pickup.
20-F for FY2024, filed Apr 30, 2025Net sales primarily consist of revenue from diamond, gemstone and jewelry retail sales and payment is required with a credit period of 180…View ↗
$18.7M
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20-F for FY2024, filed Apr 30, 2025
$18.7M ↗
Who Are Their Customers?
Gold refineries receive financing and logistics services; wholesalers get gold products and trading solutions, while retailers receive inventory-management and marketing services. The company also supplies diamonds to jewelry manufacturers, wholesalers and retailers.
20-F for FY2024, filed Apr 30, 2025Gold Refineries: We provide financing and logistics services to gold refineries.View ↗
Gold Wholesalers: We supply gold products and trading solutions to wholesale distributors.View ↗
Gold Retailers: We offer inventory management and marketing services to gold retailers.View ↗
Diamond Wholesalers and Retailers: We supply high-quality diamonds to jewelry manufacturers, wholesalers, and retailers, capitalizing on…View ↗
20-F for FY2024, filed Apr 30, 2025
For the year ended December 31, 2024, four customers accounted for 29.7%, 26.0%, 23.6% and 20.8% of the Company’s total revenues. For the…View ↗
Do Revenues Turn Into Profits?
No. It lost $9.5M in FY2024.
20-F for FY2024, filed Apr 30, 2025
How Are They Changing?
Shrinking. Revenue fell 24% in 4 years, from $24.6M in FY2020 to $18.7M in FY2024, about 7% a year.
From interactive entertainment to commodities
The business moved from augmented-reality interactive games, educational materials and toys, alongside Internet Data Center services, to gold and diamond trading and related supply-chain services.
20-F for FY2021, filed May 16, 2022 20-F for FY2024, filed Apr 30, 2025We are a producer, developer and operator of augmented reality, or AR, interactive entertainment games and toys in China, including…View ↗
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