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NASDAQ · Technology

J & Friends Holdings Ltd (JF)

J & Friends Holdings Ltd reported revenue of $1.6M in fiscal 2025, down 66.8% from a year earlier. It posted a net loss of $1.3M. At December 31, 2025 it held $945K in cash against $1.8M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 24, 2026.

Price
$0.95
-1.04% on the day · September 25, 2026
52-week range $0.81 to $1.24
Market cap
$17.4M
Revenue (FY2025)
$1.6M
-66.8% year on year
Net margin
-82.9%

What J & Friends Holdings Ltd does

J & Friends Holdings Ltd is registered with the SEC under industry code SIC 7370 (Services-Computer Programming, Data Processing, Etc.). Its shares trade on NASDAQ under the ticker JF.

Revenue and profit by year

Revenue
FY18: $153.1M $153.1M FY18FY19: $184.6M $184.6M FY19FY20: $58M $58M FY20FY21: $27.2M $27.2M FY21FY22: $10.8M $10.8M FY22FY23: $7.4M $7.4M FY23FY24: $4.8M $4.8M FY24FY25: $1.6M $1.6M FY25
Net income
FY18: $315K $315K FY18FY19: -$130.1M -$130.1M FY19FY20: -$45M -$45M FY20FY21: -$16M -$16M FY21FY22: -$27.6M -$27.6M FY22FY23: -$11.1M -$11.1M FY23FY24: -$2.1M -$2.1M FY24FY25: -$1.3M -$1.3M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$1.6M-$1.3M-$1.3M-$0.00n/a
2024$4.8M-$294K-$2.1M-$0.00n/a
2023$7.4M$346K-$11.1M-$0.02n/a
2022$10.8M-$11.8M-$27.6M-$0.09n/a
2021$27.2M-$11.2M-$16M-$0.05n/a
2020$58M-$31.7M-$45M-$0.15n/a

Full financial statements: income, balance sheet and cash flow

Where JF ranks in Technology

Revenue$1.6M
#605 of 638 in Technology · Bottom 5%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Latest SEC filings

What J & Friends Holdings Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. May 7, 2026
  2. April 27, 2026
  3. April 24, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025Revenue fell 67% to $1.6M versus the prior year; diluted EPS -$0.00 versus -$0.00.
  4. January 15, 2026
  5. January 9, 2026
  6. December 4, 2025
  7. November 12, 2025
  8. October 24, 2025
  9. October 20, 2025
  10. September 19, 2025

Recent insider filings (Forms 3, 4 and 144): 7, the latest on April 21, 2026. Insider transactions on SEC

Who owns JF

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Jun Dong13D, may seek influence with 2 related filers 9.4% 52,499,520 August 22, 2025

Latest filings below 5%: Wei Wei 0% (August 22, 2025).

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

We have not read this company's Form 4 filings yet.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about JF

What does J & Friends Holdings Ltd do?

J & Friends Holdings Ltd is registered with the SEC under industry code SIC 7370 (Services-Computer Programming, Data Processing, Etc.). Its shares trade on NASDAQ under the ticker JF.

Is J & Friends Holdings Ltd profitable?

No. In fiscal 2025 it reported a net loss of $1.3M on revenue of $1.6M.

How much revenue does J & Friends Holdings Ltd make?

In fiscal 2025 J & Friends Holdings Ltd reported revenue of $1.6M. That is 66.8% less than a year earlier.

When did J & Friends Holdings Ltd last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 24, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from May 7, 2026.

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Where the numbers come from

Financial figures are the values J & Friends Holdings Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.