ASFH · Asiafin Holdings Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.28M | - | $1.58M | $1.01M | $621.2K | - | $1.03M | $542.5K | $519.8K | - |
| Cost of Revenue | $934.8K | - | $839.3K | $695.4K | $628.1K | - | $48.8K | $66.6K | $33.8K | - |
| Gross Profit | $340.8K | - | $737.0K | $311.9K | ($6.9K) | - | $983.6K | $475.9K | $485.9K | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $509.6K | - | $368.5K | $523.1K | $485.8K | - | $792.5K | $747.7K | $759.8K | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $38.1K | - | - | - | $30.7K | - | - | - | $28.0K | - |
| Operating Income | ($165.2K) | - | $370.9K | ($208.2K) | ($489.5K) | - | $175.9K | ($285.0K) | ($281.5K) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($152.6K) | - | $380.1K | ($197.8K) | ($482.4K) | - | $184.5K | ($281.1K) | ($278.1K) | - |
| EPS - Basic | $0.00 | - | $0.00 | $0.00 | ($0.01) | - | $0.00 | $0.00 | $0.00 | - |
| EPS - Diluted | $0.00 | - | $0.00 | $0.00 | ($0.01) | - | $0.00 | $0.00 | $0.00 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.69M | $1.75M | $795.2K | $1.03M | $1.26M | $1.31M | $858.7K | $1.15M | $1.28M | $1.23M |
| Accounts Receivable | $1.25M | $1.11M | $1.31M | $833.4K | $947.5K | $1.18M | $1.07M | $537.5K | $653.3K | $1.00M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | $155.1K | $142.8K | $120.4K | $126.0K | $39.3K | $47.8K | $57.4K | $26.1K | $24.9K |
| Current Assets | $3.54M | $3.45M | $2.76M | $2.34M | $2.65M | $2.92M | $2.44M | $2.10M | $2.30M | $2.57M |
| Total Assets | $4.82M | $4.75M | $4.05M | $3.60M | $3.91M | $4.16M | $3.73M | $3.27M | $3.46M | $3.75M |
| Current Liabilities | $1.87M | $1.61M | $1.23M | $1.18M | $1.33M | $1.46M | $1.08M | $1.07M | $957.7K | $890.8K |
| Long-term Debt | $40.3K | $44.1K | $31.1K | - | - | $0 | - | - | $1.9K | - |
| Total Liabilities | $2.41M | $2.19M | $1.78M | $1.72M | $1.91M | $2.02M | $1.70M | $1.63M | $1.53M | $1.49M |
| Stockholders' Equity | $2.41M | $2.57M | $2.27M | $1.88M | $2.00M | $2.15M | $2.03M | $1.64M | $1.93M | $2.26M |
| Retained Earnings | ($8.28M) | ($8.12M) | ($8.34M) | ($8.72M) | ($8.52M) | ($8.04M) | ($8.27M) | ($8.46M) | ($8.17M) | ($7.90M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($43.2K) | - | - | - | ($45.1K) | - | - | - | $126.8K | - |
| Investing Cash Flow | ($114) | - | - | - | ($5.0K) | - | - | - | ($43.5K) | - |
| Financing Cash Flow | ($23.9K) | - | - | - | ($7.0K) | - | - | - | ($18.8K) | - |
| CapEx | $114 | - | - | - | $16.3K | - | - | - | $8.0K | - |
| Free Cash Flow | ($43.3K) | - | - | - | ($61.4K) | - | - | - | $118.8K | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 26.7% | - | 46.8% | 31.0% | -1.1% | - | 95.3% | 87.7% | 93.5% | - |
| Operating margin | -12.9% | - | 23.5% | -20.7% | -78.8% | - | 17.0% | -52.5% | -54.2% | - |
| EBITDA margin | -10.0% | - | - | - | -73.8% | - | - | - | -48.8% | - |
| Net margin | -12.0% | - | 24.1% | -19.6% | -77.7% | - | 17.9% | -51.8% | -53.5% | - |
| Free cash flow margin | -3.4% | - | - | - | -9.9% | - | - | - | 22.9% | - |
| FCF / Net income | 0.28 | - | - | - | 0.13 | - | - | - | -0.43 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 40.0% | - | 23.4% | 51.9% | 78.2% | - | 76.8% | 137.8% | 146.2% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -3.2% | - | 9.4% | -5.5% | -12.3% | - | 4.9% | -8.6% | -8.0% | - |
| Return on equity | -6.3% | - | 16.8% | -10.5% | -24.2% | - | 9.1% | -17.1% | -14.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.89 | 2.14 | 2.25 | 1.98 | 1.99 | 2.00 | 2.26 | 1.97 | 2.41 | 2.89 |
| Quick ratio | 1.89 | 2.14 | 2.25 | 1.98 | 1.99 | 2.00 | 2.26 | 1.97 | 2.41 | 2.89 |
| Cash ratio | 0.90 | 1.09 | 0.65 | 0.87 | 0.95 | 0.90 | 0.79 | 1.08 | 1.34 | 1.39 |
| Leverage | ||||||||||
| Debt / Equity | 0.02 | 0.02 | 0.01 | - | - | 0.00 | - | - | 0.00 | - |
| Debt / Assets | 0.01 | 0.01 | 0.01 | - | - | 0.00 | - | - | 0.00 | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.00 | 1.85 | 1.79 | 1.92 | 1.96 | 1.94 | 1.84 | 1.99 | 1.79 | 1.66 |
| Liabilities / Assets | 0.50 | 0.46 | 0.44 | 0.48 | 0.49 | 0.48 | 0.46 | 0.50 | 0.44 | 0.40 |
| Efficiency | ||||||||||
| Asset turnover | 0.26 | - | 0.39 | 0.28 | 0.16 | - | 0.28 | 0.17 | 0.15 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 356d | - | 303d | 302d | 557d | - | 378d | 362d | 459d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | 62d | 63d | 73d | - | 358d | 314d | 281d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 105.3% | - | 52.7% | 85.7% | 19.5% | - | 48.5% | -15.7% | 9.5% | - |
| Revenue CAGR (3y) | 39.0% | - | - | - | 181.0% | - | - | 278.6% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | -25.1% | -34.5% | - | - | 48.7% | -18.3% | 15.4% | - |
| Operating income growth (YoY) | 66.3% | - | 110.9% | 26.9% | -73.9% | - | - | -503.9% | -4497.7% | - |
| Net income growth (YoY) | 68.4% | - | 106.0% | 29.6% | -73.5% | - | - | -2931.0% | 16.7% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 29.5% | - | - | - | - | - | - | - | -75.2% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 20.6% | 19.6% | 11.5% | 14.2% | 3.6% | -5.0% | 3.7% | -12.6% | -1.7% | 163.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$5.13M totalRegtech$2.29M · 44.6%
Fintech$1.91M · 37.3%
RPA$924.1K · 18.0%
Product / service
$5.13M totalRegulatory Technology Reg Tech$2.29M · 44.6%
Payment Processing Fintech$1.91M · 37.3%
Robotic Process Automation RPA$924.1K · 18.0%
Geographic
$5.13M totalMY$5.13M · 100.0%
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing ASIAFIN HOLDINGS CORP. against the 5 most active filers in the same SIC group.