Welcome to our dedicated page for ASIAFIN HLDGS news (Ticker: ASFH), a resource for investors and traders seeking the latest updates and insights on ASIAFIN HLDGS stock.
AsiaFIN Holdings Corp. reports company developments tied to its role as a fintech financial ecosystem enabler operating through Malaysia, Hong Kong and StarFIN Holdings subsidiaries. The company provides Fintech, Regulatory Technology, ESG consultancy and reporting, and Robotic Process Automation services to central banks, financial institutions and large corporate clients across Asia and the Middle East.
News about ASFH commonly covers periodic financial results, earnings webcasts, RegTech revenue trends, INReport e-Invoice adoption, OrangeFIN RPA activity, regional customer projects and governance changes. Updates also describe how electronic invoicing, regulatory workflow automation and financial-infrastructure services contribute to the company's operating results.
AsiaFIN Holdings (OTCQB:ASFH) has appointed Ghi Geok, Khoo (Chanti) as its new Chief Financial Officer, effective August 1, 2025. Chanti brings over 25 years of finance, accounting, and audit experience to the role.
As CFO of both AsiaFIN and Insite MY Holdings Group subsidiaries, she will oversee financial planning, budgeting, accounting, human resources, and reporting. Notably, Chanti has previous experience in listing a Malaysian company in the United States and handling SEC submissions. She holds an Australian CPA and a Bachelor of Commerce in Accounting from Curtin University.
The appointment aligns with AsiaFIN's strategy to uplist in the United States and expand into North American markets.
AsiaFIN Holdings (OTCQB:ASFH) announced that its INReport e-Invoice solution has surpassed 100 customers across Asia. The RegTech platform enables Malaysian companies to comply with the government's new electronic invoicing mandate through seamless integration with ERP and accounting systems.
The company's e-Invoice module, launched in 2024 as an extension of its 2010 INReport RegTech suite, has achieved significant market penetration with 115 live implementations, including 54 financial institutions. Notable adoption includes 5 of Malaysia's 10 largest banks and over 60% of the country's commercial banks.
Originally developed for statistical financial reporting to Bank Negara Malaysia, INReport now facilitates tax reporting and regulatory compliance through automated e-invoice submissions, supporting Malaysia's initiative to enhance transparency and digitize tax infrastructure.
AsiaFIN Holdings Corp. (OTCQB:ASFH) announced that CEO KC Wong was interviewed on the Harvest Communications Podcast. During the interview, Wong discussed the company's 24-year history in financial services and its transformation into a RegTech solutions provider for financial enterprises across Asia.
Key topics covered in the interview included AsiaFIN's expansion into Saudi Arabia (their ninth country), their relationships with central banks, and expertise in navigating regulatory environments. The company aims to develop a profitable RegTech business focused on Asia, the Middle East, with plans to target North America.
AsiaFIN Holdings Corp. (OTCQB:ASFH) has issued a correction to its previously released Q1 2025 financial results announcement from May 13, 2025. The correction specifically addresses an error in the reported EBITDA figures. The company clarified that its Q1 2025 EBITDA loss was approximately $465,000, representing a 74% larger loss compared to the $267,000 loss reported in Q1 2024. This correction amends the previously stated incorrect figure of a 274% decrease.
AsiaFIN Holdings Corp. (OTCQB:ASFH), a fintech financial ecosystem enabler, has scheduled its first quarter 2025 earnings webcast. The company will release its financial results for Q1 ended March 31, 2025, after U.S. market close on Tuesday, May 13, 2025.
The earnings webcast will be held on Thursday, May 15, 2025, at 8:30 a.m. ET (20:30 MYT). Management will host a presentation followed by a Q&A session. Interested participants must register in advance, and a replay of the webcast and transcript will be available within 24 hours after the event.
AsiaFIN Holdings Corp. (OTCQB:ASFH) reported its full year 2024 financial results, showing mixed performance. Revenue increased 8.8% to $3.382 million from $3.110 million in 2023. The company's net cash flow from operations improved to $0.343 million, compared to $(0.211) million in 2023.
Key financial metrics include:
- Cash and equivalents of $1.310 million (up from $1.234 million)
- Gross profit of $1.424 million (slight increase from $1.401 million)
- EBITDA declined to $0.105 million (from $0.268 million)
- Net loss of $(0.144) million (compared to $0.019 million profit in 2023)
The company launched a new Regulatory Technology product in Malaysia and reported improved gross margins in its Regtech unit. While investing heavily in its Robotic Process Automation division, which experienced increased costs but is viewed as a future value driver.
AsiaFIN Holdings Corp (OTCQB:ASFH), a fintech financial ecosystem enabler, has scheduled its Q4 and full year 2024 earnings release for March 24, 2025, after U.S. market close. The company will host an earnings webcast on March 25, 2025, at 8:30 AM Eastern Time to discuss financial results in detail.
The management team will conduct a presentation followed by a Q&A session. Interested participants must register by emailing investor.relations@asiafingroup.com with their details. Registrants will receive a Microsoft Teams webcast link within 12 hours. A replay and transcript will be available on the company's website within 24 hours after the event.
AsiaFIN Holdings Corp (OTCQB:ASFH), a fintech financial ecosystem enabler, has announced its participation in The Microcap Conference 2025. The event will be held from January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ. During the conference, ASFH's management team will deliver a corporate presentation and conduct one-on-one meetings with institutional and individual investors to discuss the company's recent developments and growth strategy.