Kubient reports false 2020 revenue, putting Kubient stock under scrutiny

Published on 10/16/2026 at 02:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A September 28 report cited USD 1.30 million in false 2020 revenue, or 94.00 percent of sales. Kubient stock is tied to that fraud legacy.

Fraud timeline and company facts

A September 28, 2026 report tied USD 1.30 million to Kubient's false 2020 revenue.
The questioned amount represented 94.00 percent of reported 2020 sales.
Paul Roberts pleaded guilty to accounting fraud in 2024.

KBNT, US50116V1070, Illustration mit AI erstellt.

Kubient (ISIN US50116V1070) is tied to USD 1.30 million in false 2020 revenue, equal to 94.00 percent of the sales reported during its public-market debut, according to Journal du Coin on September 28, 2026.

What does the 94 percent figure mean?

The reported USD 1.30 million was presented as 94.00 percent of Kubient's 2020 revenue. The report said the figures rested on fabricated reports linked to an artificial-intelligence fraud-detection tool that had not analyzed customer data.

The accounting allegation concerns former chief executive Paul Roberts, who pleaded guilty in 2024, the report said. The episode matters because the questioned revenue was tied to the period in which Kubient entered public markets, making the historical figure central to the company's credibility.

Three dates shape the case

In 2020, Kubient reported sales that included USD 1.30 million later described as false. In 2024, Roberts pleaded guilty to accounting fraud, according to Journal du Coin.

On September 28, 2026, the publication connected the Kubient case with a wider investigation involving digital advertising and cryptocurrency-linked activity. It also stated that the Kubient allegations did not target the individual at the center of that investigation.

Company profile stays narrow

Kubient is classified in the Technology sector and Software - Application industry. Its profile describes a video advertising technology business with 16 employees, placing the fraud finding against a small operating base.

Investor takeaway

The key figure is historical rather than a current operating result: USD 1.30 million represented 94.00 percent of reported 2020 revenue. That ratio, together with the 2024 guilty plea and the September 28, 2026 report, keeps the accounting case central to the Kubient stock story.