AsiaFIN Holdings Announces Second Quarter 2025 Financial Results
AsiaFIN Holdings (OTCQB:ASFH) reported its Q2 2025 financial results, showing significant growth and margin improvements. The company achieved revenue of $1.0 million, up 85.7% year-over-year, with gross margin expanding to 30.9% from 10.0%.
Key financial metrics include a narrowed net loss of $208,000 (26.9% improvement YoY) and cash position of $1.03 million. The company's expansion into Saudi Arabia is progressing well, while its RegTech solution has reached over 100 eInvoice customers in Malaysia. AsiaFIN's OrangeFIN RPA SaaS business showed improved sales, though increased operational expenses reflect ongoing expansion efforts.
AsiaFIN Holdings (OTCQB:ASFH) ha comunicato i risultati finanziari del secondo trimestre 2025, evidenziando una crescita significativa e un miglioramento dei margini. La società ha realizzato $1.0 million di ricavi, in aumento dell'85,7% su base annua, con il margine lordo che è salito al 30,9% rispetto al 10,0%.
Tra gli indicatori principali figurano una perdita netta ridotta a $208,000 (miglioramento del 26,9% su base annua) e una posizione di cassa pari a $1.03 million. L'espansione in Arabia Saudita procede bene, mentre la soluzione RegTech ha raggiunto oltre 100 clienti eInvoice in Malesia. Il segmento OrangeFIN RPA SaaS di AsiaFIN ha mostrato vendite in ripresa, sebbene l'aumento dei costi operativi rifletta gli investimenti per l'espansione in corso.
AsiaFIN Holdings (OTCQB:ASFH) informó sus resultados financieros del segundo trimestre de 2025, mostrando un crecimiento notable y mejoras en los márgenes. La compañía registró $1.0 million en ingresos, un incremento del 85,7% interanual, y el margen bruto se amplió hasta el 30,9% desde el 10,0%.
Entre las métricas clave se incluye una pérdida neta reducida a $208,000 (mejora del 26,9% interanual) y una posición de caja de $1.03 million. La expansión en Arabia Saudita avanza correctamente, mientras que su solución RegTech ha alcanzado a más de 100 clientes eInvoice en Malasia. El negocio OrangeFIN RPA SaaS de AsiaFIN mejoró sus ventas, aunque el incremento de los gastos operativos refleja los esfuerzos de expansión en curso.
AsiaFIN Holdings (OTCQB:ASFH)는 2025년 2분기 실적을 발표하며 의미 있는 성장과 마진 개선을 보고했습니다. 회사는 $1.0 million의 매출을 기록해 전년 동기 대비 85.7% 증가했으며, 매출총이익률은 10.0%에서 30.9%로 확대되었습니다.
주요 재무 지표로는 순손실이 $208,000로 축소되어 전년 대비 26.9% 개선되었고, 현금성 자산은 $1.03 million입니다. 사우디아라비아로의 진출이 순조롭게 진행 중이며, RegTech 솔루션은 말레이시아에서 100개 이상의 eInvoice 고객을 확보했습니다. AsiaFIN의 OrangeFIN RPA SaaS 사업은 매출이 개선되었으나, 운영비 증가가 진행 중인 확장 노력의 결과를 반영합니다.
AsiaFIN Holdings (OTCQB:ASFH) a publié ses résultats du deuxième trimestre 2025, faisant état d'une croissance notable et d'une amélioration des marges. La société a réalisé $1.0 million de chiffre d'affaires, en hausse de 85,7% en glissement annuel, la marge brute s'étant élargie à 30,9% contre 10,0% auparavant.
Les principaux indicateurs financiers comprennent une perte nette réduite à $208,000 (amélioration de 26,9% sur un an) et une trésorerie de $1.03 million. L'expansion en Arabie saoudite progresse bien, tandis que la solution RegTech a atteint plus de 100 clients eInvoice en Malaisie. L'activité OrangeFIN RPA SaaS d'AsiaFIN a enregistré une amélioration des ventes, bien que la hausse des charges opérationnelles reflète les efforts d'expansion en cours.
AsiaFIN Holdings (OTCQB:ASFH) hat seine Zahlen für das zweite Quartal 2025 veröffentlicht und verzeichnet damit deutliches Wachstum sowie eine Margenverbesserung. Das Unternehmen erzielte einen Umsatz von $1.0 million, ein Plus von 85,7% gegenüber dem Vorjahr, und die Bruttomarge stieg von 10,0% auf 30,9%.
Zu den wichtigsten Kennzahlen gehören ein verringerter Jahresfehlbetrag von $208,000 (Verbesserung um 26,9% im Jahresvergleich) und eine Cash-Position von $1.03 million. Die Expansion nach Saudi-Arabien verläuft gut, und die RegTech-Lösung hat in Malaysia mehr als 100 eInvoice-Kunden gewonnen. Das OrangeFIN RPA SaaS-Geschäft von AsiaFIN verzeichnete verbesserte Verkäufe, wobei gestiegene operative Aufwendungen die laufenden Expansionsbemühungen widerspiegeln.
- Revenue grew 85.7% year-over-year to $1.0 million
- Gross margin expanded significantly from 10.0% to 30.9%
- Net loss narrowed by 26.9% to $208,000
- Successful expansion into Saudi Arabia with first customer project on track
- RegTech solution reached milestone of 100+ eInvoice customers in Malaysia
- Cash position decreased from $1.31M to $1.03M since December 2024
- SG&A expenses increased 60.4% to $523,000
- Company remains unprofitable with $208,000 quarterly net loss
KUALA LUMPUR, MY / ACCESS Newswire / August 13, 2025 / AsiaFIN Holdings Corp., (OTCQB:ASFH), a leading fintech financial ecosystem enabler, today announced financial results for the second quarter of 2025, the period ended June 30, 2025.
Financial Results for the Quarter Ended June 30, 2025:
Cash and cash equivalents were approximately
$1.03 million as of June 30, 2025 as compared to approximately$1.31 million as of December 31, 2024.Revenue for the quarter was approximately
$1.0 million , an increase of85.7% compared to$542,000 in the second quarter last year.Gross profit was
$312,000 , or30.9% gross margin, compared to gross profit of$54,000 , or10.0% gross margin, in the second quarter last year. The expanded margin is attributed to revenue from new business in Saudi Arabia and improved sales for the Company's OrangeFIN RPA SaaS business.Selling, general and administrative expenses were approximately
$523,000 , an increase of60.4% compared to$326,000 in the second quarter last year. The increase in general and administrative expenses was primarily attributable to higher salary expenses, as the Company recruited more employees to support business expansion initiatives.Net loss was approximately
$208,000 a narrowing of26.9% compared to a loss of approximately$285,000 for the second quarter of 2024.Net loss attributable to common shareholders was approximately
$198,000 a narrowing of29.6% compared to a loss of approximately$281,000 for the second quarter of 2024.Total comprehensive loss was approximately
$109,000 , or$(0.00) per share, a narrowing of60.9% compared to a loss of approximately$280,000 , or$(0.00) for the second quarter of 2024.
CEO of AsiaFIN, KC Wong said, "AsiaFIN continues to make meaningful progress in its initiatives to expand its global reach and addressable market. After significant investments to establish a foothold in the Middle East, which impacted margins and overall profitability in the first quarter, we returned to positive margins and significantly narrowed our losses. The project in Saudi Arabia, our first customer in the region, is progressing on-plan. We are on target to complete Phase 1 by the end of this year, and project invoicing is growing."
"Based on this initial success, we are now rolling out our OrangeFIN Robotic Process Automation (RPA) solution, and growth from this solution should help us further narrow losses as we move towards profitability. Global expansion remains a key area of focus for management."
"Our RegTech solution achieved a significant milestone with more than 100 eInvoice customers in Malaysia," continued Mr. Wong. "Our INReport e-Invoice platform enables Malaysian companies to comply with the governments new electronic invoicing mandate. Based on this success, we are working to bring this solution to customers in the Gulf Cooperation Council (GCC) region as part of our 'land and expand' strategy."
About AsiaFIN Holdings Corp.
AsiaFIN Holdings Corp. (OTCQB: ASFH), a Nevada corporation, operates through its wholly owned Malaysia, Hong Kong and StarFIN Holdings Ltd subsidiaries. AsiaFIN's mission is to become the "financial ecosystem enabler" through its solutions in Fintech; Regulatory Technology (REGTECH); ESG Consultancy & Reporting and Robotic Process Automation (RPA) services. AsiaFIN provides services to over 90+ financial institutions and over 100 corporate clients in the Asia and Middle East region including Malaysia, Myanmar, the Philippines, Indonesia, Bangladesh, Pakistan, Thailand, Singapore and Saudi Arabia. AsiaFIN's clients are central banks, financial institutions and large corporation. For further information regarding the company, please visit https://asiafingroup.com
Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. Those statements include statements regarding the intent, belief or current expectations of AsiaFIN and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
AsiaFIN undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. Statements in this presentation that are not descriptions of historical facts are forward-looking statements relating to future events, and as such all forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," "aim to," or variations of these or similar words, identify forward-looking statements. These risks and uncertainties include, but are not limited to, risks associated with AsiaFIN's operating history, recent history of losses and profits, ability to adequately protect its software innovations, dependence on key executives, ability to obtain required regulatory approvals, other factors described in AsiaFIN's Annual Report on Form 10-K and other factors as may periodically be described in AsiaFIN's filings with the U.S. Securities and Exchange Commission.
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ASIAFIN HOLDINGS CORP.
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025 AND 2024
(Currency expressed in United States Dollars ("US$"), except for number of shares or otherwise stated)
Three months ended June 30, | Six months ended June 30, | |||||||||||||||
2025 | 2024 | 2025 | 2024 | |||||||||||||
REVENUE | $ | 1,007,296 | $ | 542,475 | $ | 1,628,475 | $ | 1,062,228 | ||||||||
COST OF REVENUE (including | (695,376 | ) | (488,182 | ) | (1,323,468 | ) | (986,006 | ) | ||||||||
GROSS PROFIT | 311,920 | 54,293 | 305,007 | 76,222 | ||||||||||||
SHARE OF LOSS FROM OPERATION OF ASSOCIATE | (115 | ) | (15,488 | ) | (117 | ) | (25,087 | ) | ||||||||
OTHER INCOME | 3,031 | 2,260 | 6,313 | 4,253 | ||||||||||||
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (including | (523,056 | ) | (326,101 | ) | (1,008,886 | ) | (621,940 | ) | ||||||||
LOSS BEFORE INCOME TAX | (208,220 | ) | (285,036 | ) | (697,683 | ) | (566,552 | ) | ||||||||
INCOME TAX PROVISION | - | - | - | - | ||||||||||||
NET LOSS | (208,220 | ) | (285,036 | ) | (697,683 | ) | (566,552 | ) | ||||||||
Net income attributable to non-controlling interest | 10,419 | 3,940 | 17,453 | 7,345 | ||||||||||||
NET LOSS ATTRIBUTED TO COMMON SHAREHOLDERS OF ASIAFIN HOLDINGS CORP. | (197,801 | ) | (281,096 | ) | (680,230 | ) | (559,207 | ) | ||||||||
Other comprehensive income: | ||||||||||||||||
- Foreign currency translation income/(loss) | 88,346 | 1,377 | 102,392 | (47,573 | ) | |||||||||||
TOTAL COMPREHENSIVE LOSS | (109,455 | ) | (279,719 | ) | (577,838 | ) | (606,780 | ) | ||||||||
NET LOSS PER SHARE, BASIC AND DILUTED | (0.00 | ) | (0.00 | ) | (0.00 | ) | (0.01 | ) | ||||||||
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED | 81,915,838 | 81,551,838 | 81,875,838 | 81,551,838 | ||||||||||||
ASIAFIN HOLDINGS CORP.
CONDENSED CONSOLIDATED BALANCE SHEETS
AS OF JUNE 30, 2025 (Unaudited) AND DECEMBER 31, 2024 (Audited)
(Currency expressed in United States Dollars ("US$"), except for number of shares or otherwise stated)
As of | As of | |||||||
Unaudited | Audited | |||||||
ASSETS | ||||||||
Current assets | ||||||||
Cash and cash equivalents | $ | 1,031,421 | $ | 1,309,929 | ||||
Account receivables, net | 833,423 | 1,184,130 | ||||||
Prepayment, deposits and other receivables | 141,699 | 146,233 | ||||||
Amount due from related parties | 16,243 | 3,809 | ||||||
Tax assets | 321,571 | 280,354 | ||||||
Total current assets | $ | 2,344,357 | $ | 2,924,455 | ||||
Non-current Assets | ||||||||
Right-of-use assets, net | $ | 590,298 | $ | 615,444 | ||||
Property, plant and equipment, net | 654,597 | 614,673 | ||||||
Deferred income tax assets | 344 | 324 | ||||||
Investment in associates | 8,317 | 7,944 | ||||||
Total non-current assets | $ | 1,253,556 | $ | 1,238,385 | ||||
TOTAL ASSETS | $ | 3,597,913 | $ | 4,162,840 | ||||
LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||||
Current liabilities | ||||||||
Other payables and accrued liabilities | $ | 879,227 | $ | 1,151,256 | ||||
Account payables (including | 120,372 | 39,296 | ||||||
Income tax payable | 3,357 | 60,483 | ||||||
Amount due to director | 121,698 | 146,018 | ||||||
Lease liability - current portion | 56,584 | 64,787 | ||||||
Total current liabilities | $ | 1,181,238 | $ | 1,461,840 | ||||
Non-current liabilities | ||||||||
Lease liability - non-current portion | 533,714 | 550,657 | ||||||
Deferred tax liabilities | 5,302 | 4,991 | ||||||
Total non-current liabilities | $ | 539,016 | $ | 555,648 | ||||
TOTAL LIABILITIES | $ | 1,720,254 | $ | 2,017,488 | ||||
STOCKHOLDERS' DEFICIT | ||||||||
Preferred shares, | $ | - | $ | - | ||||
Common stock, | 8,192 | 8,155 | ||||||
Additional paid-in capital | 10,795,250 | 10,467,687 | ||||||
Accumulated other comprehensive loss | (169,480 | ) | (271,870 | ) | ||||
Accumulated deficit | (8,719,830 | ) | (8,039,600 | ) | ||||
Non-controlling interest | (36,473 | ) | (19,020 | ) | ||||
TOTAL STOCKHOLDERS' DEFICIT | $ | 1,877,659 | $ | 2,145,352 | ||||
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ | 3,597,913 | $ | 4,162,840 | ||||
Investors & Media Contact:
Tom Baumann
FNK IR
646.349.6641
asfh@fnkir.com
SOURCE: AsiaFIN Holdings Corp.
View the original press release on ACCESS Newswire
FAQ
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