Alset Inc. financials
Source: EDGAR filings · Built 2026-06-19T01:55:07Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -6.10M | 5.05M | 7.45M | -32.46M | -16.91M | 295.94K |
| EBITDA | -14.08M | -3.04M | -1.82M | -6.21M | -14.87M | -2.18M |
| Working Capital | 38.83M | 54.28M | 47.35M | 92.18M | 129.19M | 76.57M |
| Net Debt | -23.32M | -24.30M | -25.23M | -16.01M | -55.08M | 13.28M |
| Gross Margin | 27.94% | 39.46% | 34.01% | 16.70% | 42.92% | 25.57% |
| Operating Margin | -338.87% | -19.50% | -13.01% | -158.23% | -75.73% | -13.45% |
| Net Margin | -1060.53% | -18.78% | -266.86% | -903.73% | -601.13% | -31.41% |
| Return on Equity (ROE) | -39.16% | -4.88% | -66.84% | -29.41% | -80.21% | -8.50% |
| Return on Assets (ROA) | -34.71% | -4.10% | -46.67% | -26.38% | -64.61% | -4.74% |
| Current Ratio | 7.55× | 10.91× | 6.83× | 29.41× | 10.54× | 9.61× |
| Debt-to-Equity | 0.02× | 0.04× | 0.02× | 0.01× | 0.01× | 0.64× |
| Effective Tax Rate | -0.88% | -3.76% | -0.15% | — | -0.45% | -0.18% |
| Cash Conversion Ratio | 0.13× | -1.30× | -0.13× | 0.79× | 0.14× | -0.06× |
| Accruals Ratio | -0.30× | -0.09× | -0.53× | -0.06× | -0.56× | -0.05× |
| SBC % of Revenue | 54.13% | 0.00% | 0.00% | 0.00% | 0.68% | 9.63% |
| CapEx Coverage | -33.78× | 50.18× | 256.96× | -53.12× | -73.23× | 14.65× |
| Free Cash Flow Per Share | $-0.29 | $0.55 | $0.82 | $-4.98 | $-0.60 | $0.04 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 4.47M | 21.12M | 22.09M | 4.48M | 19.80M | 16.24M |
| Revenues | — | 450.00K | — | — | — | 16.24M |
| Cost of Goods and Services Sold | 3.22M | 12.78M | 14.58M | 3.73M | 11.30M | 12.09M |
| Cost of Revenue | 3.22M | 12.78M | 14.58M | 3.73M | 11.30M | — |
| Gross Profit | 1.25M | 8.33M | 7.51M | 748.45K | 8.50M | 4.15M |
| Operating Expenses | — | — | — | — | 34.79M | 18.42M |
| Operating Income (Loss) | -15.15M | -4.12M | -2.87M | -7.09M | -14.99M | -2.18M |
| Income Tax Expense (Benefit) | 432.09K | 150.79K | 92.35K | — | 534.01K | 8.54K |
| Net Income (Loss) Attributable to Parent | -47.41M | -3.97M | -58.95M | -40.49M | -119.02M | -5.10M |
| Earnings Per Share, Basic | $-2.22 | $-0.43 | $-6.52 | $-6.22 | $-73.85 | — |
| Weighted Average Number of Shares Outstanding, Basic | 21.36M | 9.24M | 9.04M | 6.51M | 1.40M | — |
| Earnings Per Share, Diluted | $-2.22 | $-0.43 | $-6.52 | $-6.22 | — | — |
| Weighted Average Number of Shares Outstanding, Diluted | 21.36M | 9.24M | 9.04M | 6.51M | — | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 25.18M | 27.24M | 26.92M | 17.83M | — | — |
| Assets, Current | 44.77M | 59.76M | 55.46M | 95.42M | 142.73M | 85.46M |
| Assets | 136.59M | 96.76M | 126.31M | 153.49M | 184.21M | 107.71M |
| Long-term Debt | — | 123.12K | 156.93K | — | — | — |
| Liabilities, Current | 5.93M | 5.48M | 8.11M | 3.24M | 13.54M | 8.89M |
| Long-term Debt, Excluding Current Maturities | — | — | — | — | — | 636.36K |
| Liabilities | 6.92M | 6.56M | 9.07M | 4.83M | 13.92M | 9.72M |
| Stockholders' Equity Attributable to Parent | 121.08M | 81.33M | 88.19M | 137.65M | 148.38M | 59.97M |
| Common Stock, Shares, Outstanding | 38.90M | 9.24M | 9.24M | 7.42M | 4.37M | 8.57M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -5.93M | 5.16M | 7.48M | -31.86M | -16.68M | 317.61K |
| Payments to Acquire Property, Plant, and Equipment | 175.46K | 102.75K | 29.11K | 599.65K | 227.82K | 21.67K |
| Net Cash Provided by (Used in) Investing Activities | 2.25M | 17.47M | -2.13M | -15.12M | -56.04M | 1.78M |
| Payments for Repurchase of Common Stock | — | 21.10M | — | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | 1.10M | -21.42M | 3.19M | 6.06M | 103.42M | 21.15M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -1.50M | -405.70K | -5.70M | -6.52M | -3.82M | 13.87M |
| EBITDA | -2.38M | -5.63M | — | — | -3.66M | 2.21M |
| Working Capital | 32.06M | 38.83M | 40.55M | 39.94M | 49.24M | 54.28M |
| Net Debt | -19.83M | -23.32M | -23.04M | -23.07M | -22.52M | -24.30M |
| Gross Margin | 28.05% | 35.24% | 79.01% | 49.75% | 27.22% | 51.41% |
| Operating Margin | -270.44% | -450.96% | -258.20% | -250.73% | -368.07% | 21.50% |
| Net Margin | -461.06% | -2481.06% | 151.42% | -748.11% | -780.07% | 26.02% |
| Return on Equity (ROE) | -3.79% | -26.74% | 0.97% | -11.29% | -10.91% | 2.86% |
| Return on Assets (ROA) | -3.43% | -23.70% | 0.89% | -9.56% | -9.21% | 2.40% |
| Current Ratio | 10.92× | 7.55× | 10.59× | 10.81× | 11.22× | 10.91× |
| Debt-to-Equity | 0.01× | 0.02× | 0.02× | 0.03× | 0.04× | 0.04× |
| Effective Tax Rate | — | -1.18% | 0.23% | -0.49% | -0.45% | — |
| Cash Conversion Ratio | 0.33× | 0.01× | -3.63× | 0.78× | 0.45× | 5.98× |
| Accruals Ratio | -0.02× | -0.23× | 0.04× | -0.02× | -0.05× | -0.12× |
| SBC % of Revenue | 0.00% | 121.10% | 0.00% | 76.44% | 0.00% | 0.00% |
| CapEx Coverage | -217.04× | 14.35× | -26.68× | -44.01× | -61.33× | 395.53× |
| Free Cash Flow Per Share | $-0.04 | $-0.02 | $-0.17 | $-0.56 | $-0.36 | $1.50 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 980.78K | 1.30M | 998.83K | 1.10M | 1.07M | 8.94M |
| Cost of Goods and Services Sold | 705.67K | 844.97K | 2.38M | 1.62M | 777.53K | 4.34M |
| Cost of Revenue | 705.67K | 844.97K | 756.37K | 843.05K | 777.53K | 4.34M |
| Gross Profit | 275.11K | 459.81K | 789.15K | 546.69K | 290.77K | 4.60M |
| Operating Income (Loss) | -2.65M | -5.88M | -2.58M | -2.76M | -3.93M | 1.92M |
| Income Tax Expense (Benefit) | — | 384.61K | 4.52K | 42.95K | 42.95K | — |
| Net Income (Loss) Attributable to Parent | -4.52M | -32.37M | 1.51M | -8.22M | -8.33M | 2.33M |
| Earnings Per Share, Basic | $-0.12 | $-1.41 | $0.05 | $-0.71 | $-0.78 | $0.25 |
| Weighted Average Number of Shares Outstanding, Basic | 38.90M | 21.36M | 32.60M | 11.57M | 10.70M | 9.24M |
| Earnings Per Share, Diluted | $-0.12 | $-1.41 | $0.05 | $-0.71 | $-0.78 | $0.25 |
| Weighted Average Number of Shares Outstanding, Diluted | 38.90M | 21.36M | 32.60M | 11.57M | 10.70M | 9.24M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 21.48M | 25.18M | 25.46M | 25.58M | 25.19M | 27.24M |
| Assets, Current | 35.30M | 44.77M | 44.78M | 44.01M | 54.06M | 59.76M |
| Assets | 131.74M | 136.59M | 169.11M | 86.01M | 90.46M | 96.76M |
| Long-term Debt | — | — | — | — | 116.48K | 123.12K |
| Liabilities, Current | 3.23M | 5.93M | 4.23M | 4.07M | 4.82M | 5.48M |
| Liabilities | 3.99M | 6.92M | 4.71M | 4.74M | 5.65M | 6.56M |
| Stockholders' Equity Attributable to Parent | 119.39M | 121.08M | 155.68M | 72.82M | 76.36M | 81.33M |
| Common Stock, Shares, Outstanding | 38.90M | 38.90M | 39.10M | 11.71M | 10.74M | 9.24M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -1.49M | -436.09K | -5.49M | -6.37M | -3.76M | 13.91M |
| Payments to Acquire Property, Plant, and Equipment | 6.87K | -30.39K | 205.85K | 144.84K | 61.24K | 35.16K |
| Net Cash Provided by (Used in) Investing Activities | -2.66M | 1.64M | 614.52K | 1.68M | -461.50K | -1.24M |
| Payments for Repurchase of Common Stock | — | — | — | — | — | 0 |
| Net Cash Provided by (Used in) Financing Activities | -6.15K | -897.61K | 2.00M | 2.33M | 2.33M | -48.47K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (AEI CIK 0001750106),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.