{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-058721","form_type":"8-K","ticker":"ASFH","cik":"0001828748","company_name":"ASIAFIN HOLDINGS CORP.","filed_at":"2026-05-19T11:11:42+00:00","discovered_at":"2026-05-19T11:15:00.288257+00:00","generated_at":"2026-05-19T11:15:30.350751+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"AsiaFIN Q1 revenue $1.28M (+105% YoY); net loss narrows 66% to $165K","bullets":["Revenue $1.28M, up 105.3% YoY from $621K; gross margin 26.7% vs negative 1.1% YoY.","Net loss $165K, down 66.3% from $489K; EPS $0.00 vs ($0.01) YoY.","Cash $1.69M, slightly lower from $1.75M at year-end 2025; operating cash burn ~$43K.","CEO cites SaaS revenue model driving recurring revenue and expects continued support for growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-058721","json":"https://secwatch.observer/filing/0001213900-26-058721.json","markdown":"https://secwatch.observer/filing/0001213900-26-058721.md","text":"https://secwatch.observer/filing/0001213900-26-058721.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828748/000121390026058721/0001213900-26-058721-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828748/000121390026058721/ea0291334-8k_asiafin.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T11:15:30.350751+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e2aeba91cec1fce885eecafca61516461922d4bb","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828748/000121390026058721/0001213900-26-058721-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2026 ended March 31, 2026"},{"label":"Revenue","value":"approximately $1.28 million"},{"label":"Net income","value":"Net loss was approximately $165,000"},{"label":"EPS","value":"Net loss per share, basic and diluted, was $0.00"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}