earnings
confidence high
sentiment negative
materiality 0.50
AsiaFIN Holdings FY2024 net loss $144K vs profit $19K; revenue up 8.8% to $3.38M
ASIAFIN HOLDINGS CORP.
- Revenue $3.382M (+8.8% YoY); gross profit $1.424M (flat).
- Net loss attributable to common shareholders $(0.144)M vs prior year profit $0.019M.
- EBITDA fell to $0.105M from $0.268M; SG&A rose 12.7% to $1.464M.
- Net cash from operations improved to $0.343M from $(0.211)M; cash ended at $1.310M.
- CEO cites new RegTech product traction, RPA investment, and expansion plans outside Asia.