secwatch / observer

ASIAFIN HOLDINGS CORP. — fact timeline

Source-grounded facts extracted from ASIAFIN HOLDINGS CORP.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

ASFH ASIAFIN HOLDINGS CORP. JSON
Earnings Releases

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.

“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”
Earnings Releases

ASIAFIN HOLDINGS CORP. reported the year ended December 31, 2025 results: revenue approximately $5.126 million, net income approximately $120,000.

“Financial Results for the Year Ended December 31, 2025: ● Net cash flow from operations was approximately $504,000 for the year ended December 31, 2025, compared to approximately $24,000 for the year ended December 31, 2024. ● Cash and cash equivalents were approximately $1.748 million as of December 31, 2025, compared to approximately $1.31 million as of December 31, 2024. ● Revenue for the years ended December 31, 2025 and 2024 was approximately $5.126 million and $3.382 million, respectively. This represents a growth of 51.5% in year 2025 compared to year 2024. ● Gross profit for the year ended December 31, 2025 was approximately $1.904 million, representing 37.14% of revenue, and for year ended December 31, 2024 was $1.424 million representing 42.09% of revenue. ● Selling, general and administrative expenses for the years ended December 31, 2025 and 2024 were approximately $1.874 million and $1.464 million, respectively. ● Net loss was approximately $120,000 for the yea”

Shibu Chacko Jacob Vadaketh was appointed as Independent Director at ASIAFIN HOLDINGS CORP..

“On June 19, 2024, in a Board Meeting the Company's board of directors (the "Board") unanimously resolved to appoint Louis Ramesh Ruben ("Dr. Ramesh") and Shibu Chacko Jacob Vadaketh ("Mr. Shibu") as independent directors to the Board.”

Louis Ramesh Ruben was appointed as Independent Director at ASIAFIN HOLDINGS CORP..

“On June 19, 2024, in a Board Meeting the Company's board of directors (the "Board") unanimously resolved to appoint Louis Ramesh Ruben ("Dr. Ramesh") and Shibu Chacko Jacob Vadaketh ("Mr. Shibu") as independent directors to the Board.”
Material Agreements

ASIAFIN HOLDINGS CORP. entered into Joint Venture Agreement with Greenpro KSP Holdings Group Co., Ltd. valued at THB2,450,000 (approximately $70,000) (effective 2024-01-03).

“On January 3, 2024 AsiaFIN Holdings Corp. (the “Company”), a wholly owned subsidiary of AsiaFIN Holdings Corp. (“ASFH”) entered into a joint venture agreement (the “Agreement”) with Greenpro KSP Holdings Group Co., Ltd. (“GPKSP”).”
M&A Transactions

ASIAFIN HOLDINGS CORP. completed an acquisition involving StarFIN Holdings Limited for $9,055,242 (closed 2023-02-23).

“stock of SFHL. As consideration, we agreed to issue to the shareholders of SFHL 8,232,038 shares of our common stock, at a value of $1.10 per share, for an aggregate value of $9,055,242. We consummated the acquisition of SFHL on February 23, 2023. It is our understanding that the shareholders of SFHL are not U.S. Persons within the meaning of Regulations S.”
Material Agreements

ASIAFIN HOLDINGS CORP. entered into Agreement with Wong Kai Cheong, Hoo Swee Ping, Ang Teck Kong, Ng Kai Thim, and Cham Hui Yin valued at $9,055,242 (effective 2022-12-22).

“On December 22, 2022 AsiaFIN Holdings Corp. (the “Company”) entered into an acquisition agreement (the “Agreement”) with Wong Kai Cheong, Hoo Swee Ping, Ang Teck Kong, Ng Kai Thim, and Cham Hui Yin (the “ Vendors ”) , shareholders of StarFIN Holdings Limited. (“ SFHL ”) .”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.