Filing Flows › Asiafin Holdings (ASFH) › Q1 2025
Asiafin Holdings (ASFH) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Asiafin Holdings (ASFH) reported revenue of $621K for the first quarter 2025 (Q1 2025), +20% from a year earlier and -52% from the quarter before. Operating margin was -78.8%, net loss $489K (78.8% of revenue).
Asiafin Holdings, Q1 2025: revenue $621K (+20% year over year), operating margin -78.8%, net loss $489K, operating cash flow −$45K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $621K | -52% | +20% |
| Operating profit | −$489K | -241% | — |
| Net earnings | −$489K | -312% | — |
| Operating cash flow | −$45K | -116% | — |
What changed
Revenue was $621K in Q1 2025, up 20% year over year and down 52% from the previous quarter. Regtech was the largest line at 65% of revenue. Regtech added $210K year over year (up 110%), 208% of the total change. Fintech declined 46%.
Operating costs exceeded revenue by $489K, an operating margin of -78.8%. The fastest-growing cost line was SG&A (+64%). The quarter ended with a net loss of $489K, after a profit of $229K the previous quarter. Minority interests bore $7K of it: to shareholders the quarter was a loss of $482K.
Operating cash flow was −$45K. Non-cash charges added back $31K of depreciation and amortization. Working capital and other items added $414K. Capital expenditures of $16K exceeded it, leaving free cash flow of −$61K.
Questions
What was Asiafin Holdings' revenue in the first quarter 2025?
Asiafin Holdings (ASFH) reported revenue of $621K for the first quarter 2025 (Q1 2025), +20% from a year earlier and -52% from the quarter before.
Was Asiafin Holdings profitable in the first quarter 2025?
Operating loss was $489K (-78.8% of revenue) and net loss $489K.
Source: Asiafin Holdings 10-Q on SEC EDGAR.