Filing Flows › Asiafin Holdings (ASFH) › Q4 2024
Asiafin Holdings (ASFH) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 25, 2025
Asiafin Holdings (ASFH) reported revenue of $1.3M for the fourth quarter 2024 (Q4 2024), -0.6% from a year earlier and +25% from the quarter before. Operating margin was 27.0%, net earnings $231K (17.9% of revenue).
Asiafin Holdings, Q4 2024: revenue $1.3M (-0.6% year over year), operating margin 27.0%, net earnings $231K, operating cash flow $282K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3M | +25% | -0.6% |
| Operating profit | $348K | +98% | -38% |
| Net earnings | $231K | +25% | -47% |
| Operating cash flow | $282K | — | +292% |
| Free cash flow | $177K | — | +154% |
What changed
Revenue was $1.3M in Q4 2024, down 1% year over year and up 25% from the previous quarter.
Operating profit was $348K, a 27.0% margin (down 16.5 points year over year). Total costs grew 28% against a revenue fall of 1%. Net earnings were $231K, down 47% year over year ($229K including minority interests, which bore $2K of losses). The effective tax rate was 34.2%.
Operating cash flow was $282K (up 292% year over year), 123% of net earnings. Non-cash charges added back $32K of depreciation and amortization. Working capital and other items added $21K. Capital expenditures of $104K left free cash flow of $177K.
Questions
What was Asiafin Holdings' revenue in the fourth quarter 2024?
Asiafin Holdings (ASFH) reported revenue of $1.3M for the fourth quarter 2024 (Q4 2024), -0.6% from a year earlier and +25% from the quarter before.
Was Asiafin Holdings profitable in the fourth quarter 2024?
Operating profit was $348K (27.0% of revenue) and net earnings $231K.
Source: Asiafin Holdings 10-K on SEC EDGAR.