Zenta Group Company Limited (ZTG) has reported that its subsidiary, ZentoAI Intelligent Technology Company Limited, has not generated any revenue since the acquisition of 100% of ZentoAI's shares on September 11, 2026. The company, which has traded its Class A ordinary shares on the Nasdaq Capital Market since September 9, 2025, has disclosed that ZentoAI has no confirmed customer purchase orders or signed commercial contracts generating committed revenue.
The acquisition of ZentoAI was impacted by external developments that affected prospective customers' procurement plans. Prospective customers who were in discussions with ZentoAI prior to the acquisition either stated they would not proceed with proposed engagements or suspended them indefinitely. None of those discussions had reached binding purchase orders or definitive agreements.
As of the report date, ZentoAI has no other binding customer commitments in its current order pipeline. Zenta Group has stated that it cannot confirm that revenue will arise from ZentoAI's business development activities and does not expect ZentoAI to secure customer purchase orders or generate meaningful revenue in the near term.
In response to these developments, Zenta Group has taken several steps, including re-engaging with affected prospective customers, identifying alternative customers and market segments, reviewing ZentoAI's cost base, and evaluating options to mitigate potential losses. The company is also assessing the potential effect of these developments on the carrying amount of its investment in ZentoAI, which includes goodwill and intangible assets recognized on the acquisition.
Zenta Group operates as a professional services provider in Macau, focusing on industrial park consultation services, business investment consultation services, and the sale of fintech products.
