Asiafin Holdings Corp SEC Filings

AsiaFIN Holdings Corp. reported sharply improved results for the quarter ended March 31, 2026, as revenue more than doubled to $1,275,522 from $621,179, driven by its Fintech, RegTech and RPA service lines. Gross profit reached $340,766 versus a small gross loss a year earlier, reflecting better project economics.

Net loss attributable to common shareholders narrowed to $152,572 from $482,429, while basic and diluted net loss per share stayed at $(0.00) due to the large share base of 81,915,838 shares. Total assets were $4,819,332 and cash and cash equivalents were $1,685,762, with operating cash outflow modest at $43,183. Contract liabilities of $1,009,322 and remaining performance obligations of the same amount indicate a visible pipeline of contracted work, most expected to be recognized within 12 months.

AsiaFIN Holdings Corp. is registering 3,750,000 shares of common stock in a planned initial public offering. The expected price range is $4.00 to $6.00 per share, with an assumed price of $4.00 used for illustrative calculations. The underwriter has a 45-day option to buy up to 562,500 additional shares to cover over-allotments and will receive warrants equal to 5% of the shares sold, exercisable at 125% of the IPO price.

Shares outstanding are expected to be 17,402,640 after the offering, up from 13,652,640, reflecting a 1-for-6 reverse stock split effective in 2026. AsiaFIN, an emerging growth and smaller reporting company, provides payment processing, RegTech and robotic process automation solutions across Asia. For 2025, revenue was $5,126,250 with a net loss of $120,273, driven mainly by its INReport and INCHEQS products.

AsiaFIN Holdings Corp. reported strong top-line expansion for the year ended December 31, 2025, with revenue rising to $5,126,250 from $3,382,432, more than 50% growth. Gross profit increased to $1,903,867 from $1,423,800 as the company’s Fintech segment delivered 52% revenue growth and its RegTech unit improved gross margins by 13.46%.

Despite higher selling, general and administrative expenses of $1,874,309, the net loss narrowed to $120,273 from $161,968, and total comprehensive income turned positive at $128,154 versus a prior-year comprehensive loss of $95,006. Operating cash flow strengthened sharply to $503,858 from $24,401, and cash and cash equivalents rose to $1,748,051 from $1,309,929, reflecting better collections and working capital management.

AsiaFIN Holdings Corp. reports 2025 annual results showing strong top-line growth and near break-even performance. Revenue rose to $5,126,250 for the year ended December 31, 2025, up from $3,382,432 in 2024, driven mainly by higher IT services sales, particularly in Saudi Arabia.

Gross profit increased to $1,903,867, while selling, general and administrative expenses grew to $1,874,309 as the company expanded headcount. Net loss attributable to common shareholders narrowed to $85,333 from $143,577 a year earlier, reflecting operating leverage as the business scales.

AsiaFIN ended 2025 with $1,748,051 in cash and cash equivalents and 129 full-time employees. Its common stock, par value $0.0001, trades on the OTCQB under symbol ASFH, with 81,915,838 shares outstanding as of March 31, 2026 and a June 30, 2025 public float market value of $15,578,194 at $1.20 per share.

The company operates through subsidiaries across Malaysia, Hong Kong and the British Virgin Islands, offering payment processing, Regulatory Technology (RegTech) and Robotic Process Automation solutions to banks, regulators and corporations in Asia and Saudi Arabia. Management highlights growing exposure to fast-expanding digital payments, RPA and RegTech markets, while acknowledging standard industry and regional economic risks.

AsiaFIN discloses material weaknesses in internal control over financial reporting, including limited written policies, segregation of duties and lack of an internal audit function, and outlines remediation steps such as adding independent directors and strengthening its audit committee. In 2025 it also raised $327,600 of working capital via a private issuance of 364,000 restricted common shares at $0.90 per share.

AsiaFIN Holdings Corp. notified the SEC that it could not timely file its Annual Report on Form 10-K for the period ended December 31, 2025. The company states it needs additional time to compile supporting documentation and to permit its independent registered public accounting firm to complete the audit, and it intends to file the Form 10-K imminently.

AsiaFIN Holdings Corp. is registering 2,000,000 shares of common stock in a primary public offering. The company expects an initial price between $5.00 and $7.00 per share, with the prospectus assuming $5.00, implying about $10,000,000 in gross proceeds and approximately $9,300,000 to the company before expenses. An additional 300,000 shares may be sold under an over-allotment option.

Shares outstanding would rise from 13,652,640 to 15,652,640 after the offering, following a 1-for-6 reverse stock split. AsiaFIN, currently quoted on the OTCQB as “ASFH,” intends to list on the NYSE American, and the deal will proceed only if that listing is approved. The company provides payment processing, RegTech and AI-based RPA solutions across Asia and Saudi Arabia, serving over 90 banks and more than 100 RPA customers.

Management and directors beneficially control about 59.2% of the voting power before the offering and 51.7% afterward, making AsiaFIN a potential “controlled company” under NYSE American rules. The company qualifies as an emerging growth company and smaller reporting company, and highlights numerous business, regulatory, governance and market risks, including competition, customer concentration, AI-related risks, cybersecurity, financing needs and potential stock price volatility.

AsiaFIN Holdings Corp. is registering 1,666,667 shares of common stock in a primary public offering. The company expects an initial price between $5.00 and $7.00 per share, with an assumed midpoint of $6.00 used for illustration. At this assumed price, gross proceeds would be $10,000,002, with underwriting discounts and commissions of $700,000 and estimated net proceeds to AsiaFIN of $9,300,002 before expenses. The underwriters also have a 45-day option to purchase up to an additional 250,000 shares to cover over-allotments. Shares outstanding were 13,652,640 as of September 30, 2025, and would be 15,319,307 after this offering, excluding any exercise of the over-allotment option.

AsiaFIN, a Nevada corporation headquartered in Kuala Lumpur, operates through subsidiaries that provide payment processing (fintech), regulatory technology (RegTech) and robotic process automation solutions across Asia and Saudi Arabia. Its common stock currently trades on the OTCQB under the symbol “ASFH,” and the company intends to list on the NYSE American under the same symbol, with closing of the offering conditioned on listing approval. A recent 1-for-6 reverse stock split is reflected in all share figures. Following the offering, insiders led by Chief Executive Officer Kai Cheong Wong are expected to control about 52.8% of voting power, allowing AsiaFIN to qualify as a “controlled company” under NYSE American rules.

AsiaFIN Holdings Corp. (ASFH) reported its financial results for the third quarter of 2025, covering the period ended September 30, 2025, through a press release dated November 13, 2025. The company also held an earnings conference call on the same day to discuss these results in more detail, and made the call recording and transcript available on its investor relations website. The disclosure is furnished under a current report and is not treated as filed for liability purposes under the Securities Exchange Act, meaning it is primarily intended to inform the market rather than amend other regulatory filings.

AsiaFIN Holdings Corp. reported Q3 results in its 10-Q. Revenue for the three months ended September 30, 2025 was $1,576,382 versus $1,032,360 a year ago, and net income was $370,919 versus $175,904. For the nine months, revenue was $3,204,858 versus $2,094,588, with a net loss of $326,764 versus $390,648.

The filing states these factors “raise substantial doubt” about the company’s ability to continue as a going concern, citing a nine‑month operating cash outflow of $411,230, an accumulated deficit of $8,339,723, and reliance on shareholder support. Cash was $795,154 at quarter end.

Gross profit rose to $737,035 in Q3, with SG&A of $368,494. Customer concentration was notable: in Q3, Customer A contributed $370,701 (23%) of revenue and accounted for $433,831 of accounts receivable. Shares outstanding were 81,915,838 as of November 13, 2025. The company adopted the ASU 2025‑05 credit-loss practical expedient and appointed Datuk Baharom as an independent director effective October 1, 2025 at $500 per month.