Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
ASIAFIN HOLDINGS CORP. reported first quarter of 2026 ended March 31, 2026 results: revenue approximately $1.28 million, net income Net loss was approximately $165,000, EPS Net loss per share, basic and diluted, was $0.00.
- Period
- first quarter of 2026 ended March 31, 2026
- Revenue
- approximately $1.28 million
- Net income
- Net loss was approximately $165,000
- EPS
- Net loss per share, basic and diluted, was $0.00
- Result
- reported results
Exact text from the filing
Financial Results for the Quarter Ended March 31, 2026: ● Cash and cash equivalents were approximately $1.69 million as of March 31, 2026 as compared to approximately $1.75 million as of December 31, 2025. ● Revenue for the quarter was approximately $1.28 million, an increase of 105.3% compared to approximately $621,000 in the first quarter of 2025. ● Gross profit was approximately $341,000, or 26.7% gross margin, compared to a gross loss of approximately $6,900, or negative 1.1% gross margin, in the first quarter of 2025. The improvement in gross margin reflects stronger revenue growth and improved operational efficiency during the quarter. ● Selling, general and administrative expenses were approximately $510,000, an increase of 4.9% compared to approximately $486,000 in the first quarter of 2025. ● Net loss was approximately $165,000, a decrease of 66.3% compared to a net loss of approximately $489,000 for the first quarter of 2025. ● Net loss attributable to common shareholders was
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