Overview

KongZhong Corporation, formerly known as Communication Over The Air Inc., provides interactive entertainment, media and community services through multiple technology platforms to mobile phone users. The Company provides most of its services through 2.5G technology platforms, including wireless application protocol (WAP), multimedia messaging services (MMS) and Java. It also offers a range of data and voice services through second-generation (2G) technology platforms, including short messaging services (SMS), interactive voice response (IVR) and color ring back tone (CRBT). The Company delivers a range of services that users can access directly from their mobile phones, including by choosing an icon embedded in select models of handsets, or from a mobile operator's portal or Website. Its services are organized in three major categories, consisting of interactive entertainment, media and community. Additional Information from Reuters

Financials (In millions of USD)

Income Statement

Quarterly
(Sep '06)

Annual
(2005)

Annual
(2004)

Total Revenue

25.08

77.75

47.97

Gross Profit

13.69

46.43

32.26

Operating Income

3.92

20.06

19.79

Net Income

4.82

22.18

20.37

Balance Sheet

Total Current Assets

138.19

129.63

101.63

Total Assets

160.01

135.09

104.37

Total Current Liabilities

10.34

11.29

4.44

Total Liabilities

10.36

11.31

4.57

Total Equity

149.65

123.78

99.81

Cash Flow

Net Income/Starting Line

4.82

22.18

20.37

Cash from Operating

7.74

29.57

15.85

Cash from Investing

-12.09

-4.08

-2.43

Cash from Financing

0.02

0.21

73.56

Net Change in Cash

-3.68

26.43

86.97

                                                                            Source:  Google Finance

Key Elements

  • Preparing for a move into 3G technology
  • Revenue derived from WVAS uncertain due to regulatory changes in China
  • Healthy Cash Position
  • No Debt
  • Strong Relationship with China Mobile

Charts

 

3 Month Chart

1 Year Chart

5 Year Chart

                                                                      Source:  BigCharts.com

News

              Source:  Yahoo Finance

 

Ownership