This page shows Asiafin Holdings Corp (ASFH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
AsiaFIN’s recent improvement comes from cash conversion and overhead absorption, while gross economics remain thinner than the revenue growth suggests.
In FY2025, cash generation broke away from accounting profit: despite a-$85K net loss, free cash flow reached$395K . Because receivables fell to$1.1M even as revenue climbed to$5.1M , the liquidity improvement looks driven by faster collections and light reinvestment rather than fully repaired margins.
FY2025 operating profit returned even though gross margin slipped to
The balance sheet is still liquid and lightly levered: cash ended FY2025 at
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Asiafin Holdings Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Asiafin Holdings Corp has an operating margin of 0.8%, meaning the company retains $1 of operating profit per $100 of revenue. This below-average margin results in a low score of 24/100, suggesting thin profitability after operating expenses. This is up from -1.3% the prior year.
Asiafin Holdings Corp's revenue surged 51.6% year-over-year to $5.1M, reflecting rapid business expansion. This strong growth earns a score of 81/100.
Asiafin Holdings Corp carries a low D/E ratio of 0.02, meaning only $0.02 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Asiafin Holdings Corp's current ratio of 2.14 indicates adequate short-term liquidity, earning a score of 39/100. The company can meet its near-term obligations, though with limited headroom.
Asiafin Holdings Corp's free cash flow margin of 7.7% results in a low score of 28/100. Capital expenditures of $109K absorb a large share of operating cash flow.
Asiafin Holdings Corp generates a -3.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 4/100. This is up from -5.8% the prior year.
Asiafin Holdings Corp scores 10.41, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($41.0M) relative to total liabilities ($2.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Asiafin Holdings Corp passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Asiafin Holdings Corp generates $-5.90 in operating cash flow ($504K OCF vs -$85K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Asiafin Holdings Corp generated $5.1M in revenue in fiscal year 2025. This represents an increase of 51.6% from the prior year.
Asiafin Holdings Corp's EBITDA was $170K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 121.9% from the prior year.
Asiafin Holdings Corp reported -$85K in net income in fiscal year 2025. This represents an increase of 40.6% from the prior year.
Cash & Balance Sheet
Asiafin Holdings Corp generated $395K in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 446.3% from the prior year.
Asiafin Holdings Corp held $1.7M in cash against $44K in long-term debt as of fiscal year 2025.
Asiafin Holdings Corp had 82M shares outstanding in fiscal year 2025. This represents an increase of 0.4% from the prior year.
Margins & Returns
Asiafin Holdings Corp's gross margin was 37.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 4.9 percentage points from the prior year.
Asiafin Holdings Corp's operating margin was 0.8% in fiscal year 2025, reflecting core business profitability. This is up 2.0 percentage points from the prior year.
Asiafin Holdings Corp's net profit margin was -1.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.6 percentage points from the prior year.
Asiafin Holdings Corp's ROE was -3.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.5 percentage points from the prior year.
Capital Allocation
Asiafin Holdings Corp invested $109K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 21.0% from the prior year.
ASFH Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3M-33.6% | $1.9M+21.9% | $1.6M+56.5% | $1.0M+62.2% | $621K-51.8% | $1.3M+24.7% | $1.0M+90.3% | $542K |
| Cost of Revenue | $935K-71.0% | $3.2M+283.9% | $839K+20.7% | $695K+10.7% | $628K-67.9% | $2.0M+3915.8% | $49K-26.8% | $67K |
| Gross Profit | $341K+126.2% | -$1.3M-276.5% | $737K+136.3% | $312K+4612.1% | -$7K+99.0% | -$671K-224.5% | $539K+892.3% | $54K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $510K+2.6% | $497K+34.9% | $368K-29.5% | $523K+7.7% | $486K-1.8% | $495K+42.3% | $348K+6.6% | $326K |
| Operating Income | -$165K | N/A | N/A | N/A | -$489K | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$153K-171.0% | $215K-43.5% | $380K+292.2% | -$198K+59.0% | -$482K-308.7% | $231K+25.3% | $184K+165.6% | -$281K |
| EPS (Diluted) | $0.00 | N/A | $0.00 | $0.00+100.0% | $-0.01 | N/A | $0.00 | $0.00 |
ASFH Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.8M+1.4% | $4.8M+17.4% | $4.1M+12.6% | $3.6M-7.9% | $3.9M-6.1% | $4.2M+11.5% | $3.7M+14.2% | $3.3M |
| Current Assets | $3.5M+2.7% | $3.4M+25.0% | $2.8M+17.7% | $2.3M-11.4% | $2.6M-9.5% | $2.9M+19.7% | $2.4M+16.1% | $2.1M |
| Cash & Equivalents | $1.7M-3.6% | $1.7M+119.8% | $795K-22.9% | $1.0M-18.1% | $1.3M-3.9% | $1.3M+52.5% | $859K-25.6% | $1.2M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $1.2M+12.6% | $1.1M-15.6% | $1.3M+57.3% | $833K-12.0% | $948K-20.0% | $1.2M+10.8% | $1.1M+98.9% | $537K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $2.4M+10.1% | $2.2M+22.7% | $1.8M+3.7% | $1.7M-10.0% | $1.9M+12.5% | $1.7M0.0% | $1.7M+4.5% | $1.6M |
| Current Liabilities | $1.9M+16.3% | $1.6M+31.2% | $1.2M+3.9% | $1.2M-11.2% | $1.3M+16.4% | $1.1M+5.7% | $1.1M+1.1% | $1.1M |
| Long-Term Debt | $40K-8.7% | $44K+42.0% | $31K | N/A | N/A | $0 | N/A | N/A |
| Total Equity | $2.4M-6.1% | $2.6M+13.2% | $2.3M+20.8% | $1.9M-6.0% | $2.0M-18.9% | $2.5M+21.1% | $2.0M+23.7% | $1.6M |
| Retained Earnings | -$8.3M-1.9% | -$8.1M+2.6% | -$8.3M+4.4% | -$8.7M-2.3% | -$8.5M-6.0% | -$8.0M+2.8% | -$8.3M+2.2% | -$8.5M |
ASFH Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$43K-104.7% | $915K+692.2% | -$155K+27.0% | -$212K-368.6% | -$45K-116.0% | $282K+185.9% | -$328K-482.9% | -$56K |
| Capital Expenditures | $114-99.8% | $58K+278.8% | $15K-23.8% | $20K+23.1% | $16K-84.4% | $104K+790.5% | $12K-19.0% | $14K |
| Free Cash Flow | -$43K-105.1% | $857K+605.0% | -$170K+26.7% | -$232K-277.1% | -$61K-134.6% | $177K+152.2% | -$339K-380.3% | -$71K |
| Investing Cash Flow | -$114+99.8% | -$58K-281.4% | -$15K+23.8% | -$20K-295.8% | -$5K+95.2% | -$104K-790.5% | -$12K+76.5% | -$50K |
| Financing Cash Flow | -$24K-242.3% | $17K+125.5% | -$66K-137.5% | -$28K-294.4% | -$7K-102.4% | $296K+2297.8% | -$13K+41.3% | -$23K |
| Dividends Paid | N/A | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
ASFH Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 26.7%+94.4pp | -67.7%-114.5pp | 46.8%+15.8pp | 31.0%+32.1pp | -1.1%+51.0pp | -52.1%-104.3pp | 52.2%+42.2pp | 10.0% |
| Operating Margin | -13.0% | N/A | N/A | N/A | -78.8% | N/A | N/A | N/A |
| Net Margin | -12.0%-23.1pp | 11.2%-12.9pp | 24.1%+43.8pp | -19.6%+58.0pp | -77.7%-95.6pp | 17.9%+0.1pp | 17.9%+69.7pp | -51.8% |
| Return on Equity | -6.3%-14.7pp | 8.4%-8.4pp | 16.8%+27.3pp | -10.5%+13.6pp | -24.1%-33.5pp | 9.4%+0.3pp | 9.1%+26.2pp | -17.1% |
| Return on Assets | -3.2%-7.7pp | 4.5%-4.9pp | 9.4%+14.9pp | -5.5%+6.8pp | -12.3%-17.9pp | 5.5%+0.6pp | 4.9%+13.5pp | -8.6% |
| Current Ratio | 1.89-0.3 | 2.14-0.1 | 2.25+0.3 | 1.980.0 | 1.99-0.6 | 2.56+0.3 | 2.26+0.3 | 1.97 |
| Debt-to-Equity | 0.020.0 | 0.020.0 | 0.01-0.9 | 0.92-0.0 | 0.96+1.0 | 0.00-0.8 | 0.84-0.2 | 0.99 |
| FCF Margin | -3.4%-48.0pp | 44.6%+55.4pp | -10.8%+12.2pp | -23.0%-13.1pp | -9.9%-23.7pp | 13.8%+46.6pp | -32.9%-19.8pp | -13.0% |
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Frequently Asked Questions
What is Asiafin Holdings Corp's annual revenue?
Asiafin Holdings Corp (ASFH) reported $5.1M in total revenue for fiscal year 2025. This represents a 51.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Asiafin Holdings Corp's revenue growing?
Asiafin Holdings Corp (ASFH) revenue grew by 51.6% year-over-year, from $3.4M to $5.1M in fiscal year 2025.
Is Asiafin Holdings Corp profitable?
No, Asiafin Holdings Corp (ASFH) reported a net income of -$85K in fiscal year 2025, with a net profit margin of -1.7%.
What is Asiafin Holdings Corp's EBITDA?
Asiafin Holdings Corp (ASFH) had EBITDA of $170K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Asiafin Holdings Corp have?
As of fiscal year 2025, Asiafin Holdings Corp (ASFH) had $1.7M in cash and equivalents against $44K in long-term debt.
What is Asiafin Holdings Corp's gross margin?
Asiafin Holdings Corp (ASFH) had a gross margin of 37.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Asiafin Holdings Corp's operating margin?
Asiafin Holdings Corp (ASFH) had an operating margin of 0.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Asiafin Holdings Corp's net profit margin?
Asiafin Holdings Corp (ASFH) had a net profit margin of -1.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Asiafin Holdings Corp's return on equity (ROE)?
Asiafin Holdings Corp (ASFH) has a return on equity of -3.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Asiafin Holdings Corp's free cash flow?
Asiafin Holdings Corp (ASFH) generated $395K in free cash flow during fiscal year 2025. This represents a 446.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Asiafin Holdings Corp's operating cash flow?
Asiafin Holdings Corp (ASFH) generated $504K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Asiafin Holdings Corp's total assets?
Asiafin Holdings Corp (ASFH) had $4.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Asiafin Holdings Corp's capital expenditures?
Asiafin Holdings Corp (ASFH) invested $109K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Asiafin Holdings Corp's current ratio?
Asiafin Holdings Corp (ASFH) had a current ratio of 2.14 as of fiscal year 2025, which is generally considered healthy.
What is Asiafin Holdings Corp's debt-to-equity ratio?
Asiafin Holdings Corp (ASFH) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Asiafin Holdings Corp's return on assets (ROA)?
Asiafin Holdings Corp (ASFH) had a return on assets of -1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Asiafin Holdings Corp's Altman Z-Score?
Asiafin Holdings Corp (ASFH) has an Altman Z-Score of 10.41, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Asiafin Holdings Corp's Piotroski F-Score?
Asiafin Holdings Corp (ASFH) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Asiafin Holdings Corp's earnings high quality?
Asiafin Holdings Corp (ASFH) has an earnings quality ratio of -5.90x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Asiafin Holdings Corp?
Asiafin Holdings Corp (ASFH) scores 46 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.