Infobird Co., Ltd
Infobird Co., Ltd is a Hong Kong-based software company organized through subsidiaries, and it reports to the U.S. Securities and Exchange Commission as a foreign private issuer. The company’s business is classified in services-prepackaged software, indicating a software-based offering delivered through a corporate group structure rather than a physical-products model.
Fiscal year 2025 · change from previous year
Development 2019–2025
Business
Share of revenueSoftware products and packaged applications delivered to business users.
Implementation, customization, and ongoing support tied to software deployments.
Hosted or subscription-style software access delivered through cloud infrastructure.
Customers
Infobird appears to serve organizational customers that purchase software for business operations, deployment, and support. Its buyer base is most likely made up of enterprises and other institutional users that need packaged software and related services rather than consumer-facing products.
Buy packaged software and support for operational use across business functions.
Purchase standardized software offerings with lighter implementation needs.
May buy software through formal procurement processes for standardized workflows.
Geography
The company is incorporated in the United States but its principal executive office is in Hong Kong, showing a cross-border operating structure. Available filings do not disclose a revenue-by-country split, so the geographic footprint must be inferred from the company’s headquarters and SEC reporting presence rather than from segment data.
Risks
The most visible company-specific risk in the provided filings is going-concern uncertainty noted by the outgoing auditor for the 2023 and 2024 financial statements. As a software company, Infobird also faces typical risks around customer retention, product relevance, and the ability to fund product development and support a cross-border operating structure.
- Going-concern uncertaintyImpact: CriticalLikelihood: High
The prior auditor’s reports for 2023 and 2024 expressed doubt about the company’s ability to continue as a going concern.
Exposure: Financial reporting and business continuity
- Customer concentration and retention riskImpact: HighLikelihood: Medium
Software businesses can depend on a limited set of enterprise customers and renewals.
Exposure: Revenue stability
- Cross-border operating complexityImpact: MediumLikelihood: Medium
The company is U.S.-incorporated, reports to the SEC, and operates from Hong Kong.
Exposure: Compliance and execution
Accounting
Judgemental itemsThe former auditor’s reports included doubt about continuing as a going concern.
Impact: Can affect investor confidence, financing access, and disclosure requirements
The company dismissed one auditor and appointed another effective January 16, 2026.
Impact: May influence audit scope, timing, and comparability of reporting
A software business may recognize revenue differently depending on licenses, services, and cloud delivery terms.
Impact: Can affect reported revenue timing and recurring revenue visibility
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Last updated: 28/09/2026