ASIAFIN HOLDINGS CORP. financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data ASIAFIN HOLDINGS CORP. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2021	FY2021	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	0.02	0.04			3.11	3.38	5.13
Cost of revenue	0.01	0.03			1.71	1.96	3.22
Gross profit	0.01	0.01			1.4	1.42	1.9
Selling, general and administrative				0.12	1.3	1.46	1.87
Selling and marketing	0
General and administrative	0.09	0.35	0.38	0.12
Operating income				-0.11	0.12	-0.04	0.04
Pre-tax income	-0.07	-0.34	-0.38	-0.11	0.12	-0.04	0.04
Income tax	0	-0	-0	0	0.1	0.12	0.16
Net income to minority interests					-0	-0.02	-0.03
Net income	-0.07	-0.34	-0.38	-0.11	0.02	-0.14	-0.09
EBITDA					0.25	0.08	0.17
EPS, basic	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS, diluted	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Shares, basic (weighted)	48.4	72.6	73.3	73.3	80.4	81.6	81.9
Shares, diluted (weighted)	48.4	72.6	73.3	73.3	80.4	81.6	81.9

Balance sheet

	FY2021	FY2021	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	0.51	1.01	0.98	0.87	1.23	1.31	1.75
Receivables	0.02	0.01		0.68	1	1.18	1.11
Other current assets				0	0.11	0.13	0.26
Total current assets	0.53	1.02	0.98	0.88	2.57	2.92	3.45
Property, plant and equipment				0.59	0.52	0.61	0.71
Lease right-of-use assets			0.07	0.13	0.65	0.62	0.58
Total assets	0.53	1.02	0.98	0.88	3.75	4.16	4.75
Accounts payable	0.01	0	0	0	0.02	0.04	0.16
Accrued liabilities			0.01	0.02	0.35	0.25	0.5
Deferred revenue						0.51	0.73
Total current liabilities	0.02	0.01	0.01	0.02	0.89	1.14	1.61
Lease liabilities				0.05	0.59	0.55	0.52
Total liabilities	0.02	0.01	0.01	0.02	1.49	1.7	2.19
Total debt						0	0.04
Paid-in capital	0.58	1.41	1.41	1.41	10.5	10.5	10.8
Retained earnings	-0.07	-0.41	-0.45	-0.56	-7.9	-8.04	-8.12
Other comprehensive income				-0.26	-0.32	-0.27	-0.06
Shareholders' equity	0.51	1.01	0.97	0.86
Minority interests					-0	-0.02	-0.05
Total equity	0.51	1.01	0.97	0.86	2.26	2.46	2.57
Total liabilities and equity	0.53	1.02	0.98	0.88	3.75	4.16	4.75
Shares outstanding	72.5	73.3	73.3	73.3	81.6	81.6	81.9

Cash flow statement

	FY2021	FY2021	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	-0.07	-0.34	-0.38	-0.11	0.02	-0.16	-0.12
Depreciation and amortization					0.13	0.12	0.13
Change in receivables	-0.02	0.01	0.02		-0.41	-0.07	0.12
Change in payables	0.01	-0.01	-0.02	-0	0	0.01	0.11
Cash from operations	-0.07	-0.34	-0.38	-0.11	-0.21	0.02	0.5
Capital expenditures					-0.03	-0.14	-0.11
Cash from investing					-0.03	-0.21	-0.1
Debt repaid						-0	-0
Stock issued							0.33
Cash from financing	0.58	0.84	0.84		-0.07	0.24	-0.08
Net change in cash	0.51	0.5	0.46	-0.11	-0.35	0.08	0.44
Free cash flow					-0.24	-0.11	0.39
Interest paid					0	0	0
Income taxes paid				0	0.1	0.11	0.27

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.21 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	42.9%	Gross profit / revenue.
Operating margin	15.9%	Operating income / revenue.
EBITDA margin	18.1%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	15.8%	Pre-tax income / revenue.
Net margin	13.9%	Net income / revenue.
FCF margin	9.3%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	10.8%	Cash from operations / revenue.
Return on assets (ROA)	17.6%	Net income / average total assets.
SG&A / revenue	27.3%	Selling, general and administrative expense / revenue.
Capex / revenue	1.6%	Capital expenditures / revenue.
D&A / revenue	2.2%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	51.6%	Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y	33.7%	Gross profit vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y	121.9%	EBITDA vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y	1,965.0%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y	14.2%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	75.6%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y	0.4%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	3.8%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	2.25x	Current assets / current liabilities.
Quick ratio	1.81x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.96x	(Cash + short-term investments) / current liabilities.
Debt / assets	0.7%	Total debt / total assets.
Liabilities / assets	43.5%	Total liabilities / total assets.
Net debt	-$1.5M	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	-1.36x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Working capital	$2.1M	Current assets - current liabilities.

Efficiency

Metric	Value	How it is calculated
Asset turnover	1.27x	Revenue / average total assets.
Fixed asset turnover	9.04x	Revenue / average property, plant and equipment.
Receivables turnover	4.56x	Revenue / average receivables.
Days sales outstanding	80 days	365 x average receivables / revenue.
FCF conversion	66.7%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	14.4%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$0.01	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$0.08	Revenue / diluted weighted shares.
FCF per share	$0.01	Free cash flow / diluted weighted shares.
Operating cash flow per share	$0.01	Cash from operations / diluted weighted shares.
Cash per share	$0.02	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$17.4M	Share price x shares outstanding.
Enterprise value	$15.9M	Market cap + total debt - cash - short-term investments.
P/E	19.9x	Market cap / net income. Only when net income is positive.
P/S	2.77x	Market cap / revenue.
P/FCF	29.9x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	25.6x	Market cap / cash from operations, when positive.
EV/Sales	2.52x	Enterprise value / revenue.
EV/EBIT	15.9x	Enterprise value / operating income, when both are positive.
EV/EBITDA	13.9x	Enterprise value / EBITDA, when both are positive.
EV/FCF	27.2x	Enterprise value / free cash flow, when both are positive.
FCF yield	3.3%	Free cash flow / market cap.
Earnings yield	5.0%	Net income / market cap (the inverse of P/E).

What was ASIAFIN HOLDINGS CORP.'s revenue in fiscal 2025?

ASIAFIN HOLDINGS CORP. reported revenue of $5.1M for fiscal 2025, 51.6% higher than the year before.

Was ASIAFIN HOLDINGS CORP. profitable in fiscal 2025?

No. It reported a net loss of $85.3K.

How much free cash flow did ASIAFIN HOLDINGS CORP. generate in fiscal 2025?

Cash from operations of $503.9K minus capital expenditures of $109.3K left free cash flow of $394.6K.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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