Filing Flows › Asiafin Holdings (ASFH) › Q3 2025
Asiafin Holdings (ASFH) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Asiafin Holdings (ASFH) reported revenue of $1.6M for the third quarter 2025 (Q3 2025), +53% from a year earlier and +56% from the quarter before. Operating margin was 23.9%, net earnings $380K (24.1% of revenue).
Asiafin Holdings, Q3 2025: revenue $1.6M (+53% year over year), operating margin 23.9%, net earnings $380K, operating cash flow −$155K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6M | +56% | +53% |
| Gross profit | $737K | +136% | +37% |
| Operating profit | $377K | — | +114% |
| Net earnings | $380K | — | +106% |
| Operating cash flow | −$155K | — | — |
What changed
Revenue was $1.6M in Q3 2025, up 53% year over year and up 56% from the previous quarter.
Gross margin was 46.8%, down 5.4 points from a year earlier. Operating profit was $377K, a 23.9% margin (up 6.9 points year over year). Of the extra revenue versus a year earlier, 37% reached operating profit, above the 17% margin then. Operating expenses fell 1% while revenue rose 53%. Net earnings were $380K, up 106% year over year ($371K including minority interests, which bore $9K of losses). The effective tax rate was 0.0%.
Operating cash flow was −$155K. Non-cash charges added back $33K of depreciation and amortization. Working capital and other items used $558K. Capital expenditures of $15K exceeded it, leaving free cash flow of −$170K.
Questions
What was Asiafin Holdings' revenue in the third quarter 2025?
Asiafin Holdings (ASFH) reported revenue of $1.6M for the third quarter 2025 (Q3 2025), +53% from a year earlier and +56% from the quarter before.
Was Asiafin Holdings profitable in the third quarter 2025?
Operating profit was $377K (23.9% of revenue) and net earnings $380K.
Source: Asiafin Holdings 10-Q on SEC EDGAR.