MBAK Energy Solutions Inc. (MBAK)

OTCMKTS · Delayed Price · Currency is USD
0.0043
-0.0003 (-6.52%)
At close: Mar 31, 2026
Market Cap14.06M +557.1%
Revenue (ttm)71.97K
Net Income185.79K
EPS0.00
Shares Out3.06B
PE Ratio75.70
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,452,217
Average Volume3,924,485
Open0.0038
Previous Close0.0046
Day's Range0.0038 - 0.0044
52-Week Range0.0005 - 0.0081
Beta17.49
RSI47.65
Earnings Daten/a

About MBAK Energy Solutions

MBAK Energy Solutions Inc. engages in the development, manufacturing and commercialization of non fossil fuel energy products. Its products include lithium, sodium, and solid state batteries and battery manufacturing and supply chain equipment for industrial, medical, portable electronics and EV application. It also manufactures and sells E-Taxi bikes. MBAK Energy Solutions Inc. was formerly knowns as Alternet Systems, Inc. and changed its name to MBAK Energy Solutions Inc. in June 2025. MBAK Energy Solutions Inc. was founded in 2000 and is hea... [Read more]

Founded 2000
Employees 2
Stock Exchange OTCMKTS
Ticker Symbol MBAK
Full Company Profile

Financial Performance

Financial Statements

News

MBAK Energy Solutions, Inc. (OTC:MBAK) partners with LETSATSI Power in Zambia's Copperbelt

SEOUL, South Korea and SHENZHEN, China and CHENNAI, India and WILMINGTON, N.C., March 25, 2026 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) has signed an exclusive cooperation agreement ...

6 days ago - GlobeNewsWire

CORRECTION – MBAK Energy Solutions, Inc.

SEOUL, South Korea and SHENZHEN, China and CHENNAI, India and WILMINGTON, N.C., March 18, 2026 (GLOBE NEWSWIRE) -- In a release issued earlier today by MBAK Energy Solutions, Inc. (OTC:MBAK), the deli...

13 days ago - GlobeNewsWire

MBAK Energy Solutions, Inc. (OTC:MBAK) begins deliveries worth over $290k Monthly to Europe, India and Zambia

SEOUL, South Korea and SHENZHEN, China and CHENNAI, India and WILMINGTON, N.C., March 18, 2026 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) has begun deliveries to customers on three con...

13 days ago - GlobeNewsWire

MBAK Energy Solutions, Inc. (OTC:MBAK) Opens Indian Subsidiary to streamline BESS integration

SEOUL, South Korea and SHENZHEN, China and CHENNAI, India and WILMINGTON, N.C., March 05, 2026 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) management has incorporated a subsidiary, MBAK...

26 days ago - GlobeNewsWire

MBAK Energy Solutions, Inc. (OTC:MBAK) Announces $500,000 Share Repurchase Plan

SEOUL, South Korea and SHENZHEN, China and WILMINGTON N.C., Feb. 03, 2026 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) Board of Directors has authorized the repurchase of up to $500,000 ...

2 months ago - GlobeNewsWire

MBAK Energy Solutions, Inc. (OTC:MBAK) announces new Chief Product Designer

SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Jan. 26, 2026 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) is pleased to announce that Mr.

2 months ago - GlobeNewsWire

MBAK Energy Solutions, Inc. (OTC:MBAK) announces new Chief Strategist/Business Development Officer and Business Development Manager for Middle East - North Africa

MBAK Energy Solutions, Inc. (OTC:MBAK) announces new Chief Strategist/Business Development Officer and Business Development Manager for Middle East - North

2 months ago - GlobeNewsWire

MBAK Energy Solutions, Inc. (OTC:MBAK) partners with Carbon Zero Mobility in Kenya and the University of Michigan on Charger Design

SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Dec. 23, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) is partnering with the University of Michigan Perot-Jain TechLab t...

3 months ago - GlobeNewsWire

MBAK Energy Solutions, Inc. (OTC:MBAK) begins delivery to Indian Customers – part of $65 Million in 2026 Order fulfillment

SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Dec. 10, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) has begun delivering on the $65,000,000 USD in production orders b...

3 months ago - GlobeNewsWire

MBAK Energy Solutions, Inc. begins trading under new OTC Ticker - OTC:MBAK

SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Dec. 01, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) (f/k/a Alternet Systems, Inc.) completed all regulatory processes ...

4 months ago - GlobeNewsWire

MBAK Energy Solutions, Inc. records $2 Million USD in Revenue for Q3 2025

SEOUL, South Korea and SHENZHEN, China and Wilmington, N.C., Nov. 17, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:ALYI) (f/k/a Alternet Systems, Inc.) reported $2.1 million in new revenu...

4 months ago - GlobeNewsWire

MBAK Energy Solutions Inc begins the manufacturing of BESS (Battery Energy Storage System) Power cells for Indian power grid

SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Nov. 17, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions Inc (OTC:ALYI) has begun manufacturing of battery cells as part of a BESS (Battery ...

4 months ago - GlobeNewsWire

MIA Global, Inc. to acquire controlling interest in Alternet Systems, Inc.

New Company to Expand on Shared e-Mobility and Green Energy Opportunities SEOUL, South Korea and SHENZHEN, China and NEW YORK , Oct. 4, 2024 /PRNewswire/ -- MIA GLOBAL is acquiring the controlling int...

1 year ago - PRNewsWire

ALYI Electric Motorcycle Shipments Continue On Schedule Serving $2 Million Order

Dallas, Texas, May 04, 2022 (GLOBE NEWSWIRE) -- Alternet Systems, Inc (OTC Pink: ALYI) today announced electric motorcycle shipments are arriving on schedule in Kenya serving a $2 million order receiv...

4 years ago - GlobeNewsWire

ALYI Growing EV Sales and EV Ecosystem Revenue Update Coming Tomorrow

Dallas, Texas, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Alternet Systems, Inc. (OTC Pink: ALYI) today confirmed the company will publish a progress report update tomorrow, Friday, February 18th, on the compa...

4 years ago - GlobeNewsWire

WPUR Backs ALYI EV Taxis, Delivery Vehicles and Racecars

DALLAS, Feb. 9, 2022 /PRNewswire/ -- WaterPure International, Inc. (USOTC: WPUR) with Alternet Systems, Inc. (OTC Pink: ALYI) today announced work on launching an off grid, clean electric energy produ...

4 years ago - PRNewsWire

PJET Electric Vehicle Offering Backed By ALYI Featured In ALYI 2022 Strategic Outlook

DALLAS, Jan. 12, 2022 /PRNewswire/ -- Priority Aviation, Inc. (USOTC: PJET) ("PJET") today announced the company's electric vehicle partnership with Alternet Systems, Inc. (USOTC: ALYI) was featured i...

4 years ago - PRNewsWire

ALYI Anticipates Reporting $2 Million In 2022 EV Sales Targeting $50 Million For 2022

DALLAS, Dec. 21, 2021 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) today announced the company anticipates realizing $2 million in revenue in 2021 resulting from the sale of electric motorcycl...

4 years ago - PRNewsWire

ALYI and WPUR Announce Off Grid EV Charging Solution Backed By Revolt Token

Dallas, Texas, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Alternet Systems, Inc. (OTC PINK: ALYI) and WaterPure International, Inc. (OTC PINK: WPUR) today published an overview of the two company's partnership...

4 years ago - GlobeNewsWire

ALYI Views $1.7 Billion Harley-Davidson LiveWire SPAC As Validation Of ALYI's Own Electric Motorcycle Business

DALLAS, Dec. 13, 2021 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) today highlighted the Harley-Davidson announcement that it will bring its LiveWire electric motorcycle division public throug...

4 years ago - PRNewsWire

ALYI Ramps Up E-Motorcycle Production To Reach $2M 2021 And $10M 2022 REV TGTS

DALLAS, Nov. 29, 2021 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) ("ALYI") today announced the company's electric motorcycle production to support fulfillment of electric motorcycles for the ...

4 years ago - PRNewsWire

ALYI Finalizes Acquisition Terms On EV Motorsports Business To Accelerate Revenue And Build EV Brand Recognition

DALLAS, Nov. 18, 2021 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) ("ALYI") today announced finalizing terms for the strategic acquisition of an electric vehicle (EV) motorsports business expe...

4 years ago - PRNewsWire

ALYI To Increase EV Revenue Potential With Acquisition Into $3.3 Billion Regional Market

DALLAS, Nov. 4, 2021 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) ("ALYI") today confirmed ALYI CEO Randell Torno will be in Nairobi next week and London the following week in conjunction with...

4 years ago - PRNewsWire

ALYI CEO Heads To Nairobi And London For Closing Of Two EV Acquisitions

DALLAS, Oct. 19, 2021 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) ("ALYI") an Electric Vehicle and overall Electric Vehicle Ecosystem company concentrating on the East African market with pla...

4 years ago - PRNewsWire

ALYI Announces Nov 30th Shipment Date For First Electric Motorcycles - $2 Million 2021 Revenue Target In Sights

DALLAS, Oct. 14, 2021 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) ("ALYI") today announced shipment on fulfillment on an order for 2,000 electric motorcycles to go into service in Kenya as mo...

4 years ago - PRNewsWire