SharonAI Holdings Inc. is a technology enterprise specializing in high-performance computing, particularly in the domains of artificial intelligence (AI) infrastructure and cloud-based ...
SharonAI Holdings Inc., headquartered at 745 Fifth Avenue, New York, NY, is a technology enterprise established in 2024, formerly known as Roth CH Holding Inc. With a CEO, James Edward Manning, and about 25 employees, the company operates as a neocloud provider focused on accelerated compute platforms for AI and ...SharonAI Holdings Inc., headquartered at 745 Fifth Avenue, New York, NY, is a technology enterprise established in 2024, formerly known as Roth CH Holding Inc. With a CEO, James Edward Manning, and about 25 employees, the company operates as a neocloud provider focused on accelerated compute platforms for AI and HPC. It employs a hybrid operational model, using both external data centers and its own facilities, to offer integrated solutions combining computing power, storage, networking, and automation. Its clientele includes AI labs, academic institutions, and regulated industries. Financial metrics indicate a market cap of approximately $487.5 million, with significant volatility (beta 6.08), and negative profitability ratios, reflecting an early-stage growth strategy. The company recently announced a US$373 million five-year AI cloud service contract and capacity surge to 212MW, and has converted notes into equity, indicating active capital management. Its stock trades on NASDAQ Capital Market under the symbol SHAZ, with an IPO date of December 2025. The company faces operational challenges with negative margins but is strategically positioning in the AI infrastructure market.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$1.6M
—
+556.9%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-39.6M
—
-2050.6%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+6.4%
—
+93.0%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-944.8%
—
+22.3%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-2529.2%
—
-227.4%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-13.6M
—
-406.6%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-867.4%
—
+22.9%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
-1357.3%
-42612.8%
-61.0%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
0.63x
-88.3%
+56.3%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
Operator: Good day, everyone, and welcome to the SharonAI Second Quarter 2026 Conference Call. [Operator Instructions] Please note, this conference is being recorded. It is now my pleasure to hand the floor over to your host, Ross Barrows, Head of Capital Strategy and Investor Relations. Sir, the floor is yours.
Ross Barrows: Good afternoon, and welcome to our earnings call to discuss SharonAI's operating results for the quarter ended June 30, 2026. Joining me today is James Manning, SharonAI's Chief Executive Officer; and Tim Broadfoot, SharonAI's Chief Financial Officer. I'll now take a moment to read the safe harbor statement. During the course of this conference call, we may make certain forward-looking statements within the meaning of the federal securities laws, including statements regarding our expectations, plans, prospects, strategies, future operating results and financial performance. Although they may reflect our current expectations and are based on our current view of the industry and our business, they are not guarantees of future performance. These statements are subject to risks and uncertainties that could cause our actual results to materially -- be materially different from those expressed in these statements and speak only as of the date of this call. For more details on factors that could affect these expectations and cause these differences, please see our most recent Form 10-K and Form 10-Q and other SEC reports filed with the Securities and Exchange Commission and available on the SEC's website and in the Investor Relations section of our website. SharonAI undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information or future events. In addition, during this call, we may discuss certain non-GAAP financial measures. Reconciliations to the most directly comparable GAAP measures and related disclosures are available in today's earnings release and/or on our Investor Relations website. I'll now turn the call over to James.
James Manning: Hello, everyone, and welcome to SharonAI's Second Quarter 2026 Earnings Call. I'm James Manning, CEO and Co-Founder of SharonAI. I'll begin with the highlights from the quarter and an overview of our market position. I'll then cover some of our recent customer wins, and I'll talk about some additional capacity and our capital strategy moving forward. The central message from the quarter is that we have materially increased each of the 3 inputs required to scale this business, AI factory capacity, contracted customer demand and capital. Let me give you the headline numbers first, then I'll unpack them. As of today, we have 212 megawatts of total secured AI factory capacity across Australia and New Zealand, which is an upgrade of 80 megawatts from our last guidance of 132 megawatts. 120 megawatts are contracted through multiyear take-or-pay agreements, and I'll expand further on this updated capacity shortly. We expect to have …
