earnings
confidence high
sentiment negative
materiality 0.50
AsiaFIN Q1 revenue up 19.5% to $621k; net loss widens 73%; EBITDA corrected
ASIAFIN HOLDINGS CORP.
- Revenue $621,179 (+19.5% YoY); Regtech segment grew ~110% YoY.
- Net loss $489k vs $282k in Q1 2024 (increase of 73.4%).
- EBITDA corrected: loss of $465k vs $267k Y/Y (increase of 74%, not decrease of 274%).
- Gross margin negative 1.1% due to expansion hiring; CEO expects positive margins in Q2.
- Entered Middle East market with major government financial institution contracts; revenue expected H2 2025.
item 2.02item 9.01