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Hapi Metaverse earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 7, 2026

Q2 2026 Revenue down 6% year over year to $68K · 355¢ of every $1 of revenue lost · operating margin -300.8%

Hapi Metaverse made $68K in Q2 2026 (-6% Y/Y): Food and Beverage $68K, eCommerce $17. Operating margin -300.8%, net loss $242K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 7, 2026.

Revenue$68K
Year over year-6%
Operating margin-300.8%
Net earnings−$242K
Operating cash flow−$251K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $68K in Q2 2026, down 6% year over year and up 12% from the previous quarter. Food and Beverage was the largest line at 100% of revenue. Food and Beverage lost $4K year over year (down 6%), 98% of the total change.

Operating costs exceeded revenue by $205K, an operating margin of -300.8%. Total costs fell 25% while revenue fell 6%. The quarter ended with a net loss of $242K, narrower than the previous quarter's $246K loss.

Operating cash flow was −$251K. Non-cash charges added back $1K of depreciation. Capital expenditures of $0K exceeded it, leaving free cash flow of −$251K.

Quarterly history

Hapi Metaverse revenue by quarterHapi Metaverse revenue by quarter$44KQ4 2024$55KQ1 2025$73KQ2 2025$74KQ3 2025$69KQ4 2025$61KQ1 2026$68KQ2 2026
Hapi Metaverse net earnings by quarterHapi Metaverse net earnings by quarter−$1.2MQ4 2024−$1.5MQ1 2025$374KQ2 2025−$1.5MQ3 2025−$914KQ4 2025−$246KQ1 2026−$242KQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 7, 2026$68K-6%-300.8%−$242K−$251K
Q1 202610-QMay 11, 2026$61K+10%-372.9%−$246K−$320K
Q4 202510-KMar 17, 2026$69K+56%-416.3%−$914K−$20K
Q3 202510-QNov 6, 2025$74K-2%n/m−$1.5M−$269K
Q2 202510-QAug 14, 2025$73K-17%-404.1%$374K−$334K
Q1 202510-QMay 14, 2025$55K+17%-563.7%−$1.5M−$350K
Q4 202410-KApr 4, 2025$44K-40%-906.4%−$1.2M−$551K

Charts

Hapi Metaverse: revenue growth, year over year and quarter over quarterHapi Metaverse: revenue growth, year over year and quarter over quarterY/YQ/Q-40%Q4 2024+17%+25%Q1 2025-17%+31%Q2 2025-2%+2%Q3 2025+56%-6%Q4 2025+10%-12%Q1 2026-6%+12%Q2 2026
Latest (Q2 2026): Y/Y -6%, Q/Q +12%.
Hapi Metaverse: where the cash came from (+) and went (−), TTM to Q2 2026Hapi Metaverse: where the cash came from (+) and went (−), TTM to Q2 2026Operating cash flow−$860KExchange rates$540KOther financing$539KCash drawn (+) / kept (−)−$210KCapital spending−$9K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Hapi Metaverse: profit against cash, quarter by quarterHapi Metaverse: profit against cash, quarter by quarterNet incomeOperating cash flow−$399K−$200KQ3 2024−$1.2M−$408KQ4 2024−$1.5M−$350KQ1 2025$374K−$334KQ2 2025−$1.5M−$269KQ3 2025−$914K−$20KQ4 2025−$246K−$320KQ1 2026−$242K−$251KQ2 2026
Latest (Q2 2026): Net income −$242K, Operating cash flow −$251K.
Hapi Metaverse: diluted shares by fiscal yearHapi Metaverse: diluted shares by fiscal year507MFY2020507MFY2021507MFY2022507MFY2023508MFY2024508MFY2025
+0.1% since FY2020: more shares outstanding (issuance, stock pay).
Hapi Metaverse in its industry: growth against margin (30 companies, SIC 8742)Hapi Metaverse in its industry: growth against margin (30 companies, SIC 8742)revenue growth, year over year →↑ operating marginmedian +4%median 2%BAHGASTHFCNHURNICFIONTEXPORMRBWMNHCKTIIIPPHCTSSIMHHAERTCTMCISOACCSPBSVRTBLBRAEUBGELVGGRNQRDSCYSGLCybriatech IncLEENHapi Metaverse (-6%, -100%)
Services-Management Consulting Services; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Hapi Metaverse

Hapi Metaverse Inc. (the “Company”), was incorporated in the State of Delaware on March 7, 2012. The Company’s initial business plan was to be a financial acquisition intermediary which would serve buyers and sellers for companies that are in highly fragmented industries. Our Board determined it was in the best interest of the Company to expand our business plan. On October 15, 2014, through a sale and purchase agreement, the Company acquired all the issued and outstanding stock of HotApp BlockChain Pte. Ltd. (“HIP”) from Alset International Limited (“AIL”). AIL is our former largest stockholder. HIP owned certain intellectual property related to instant messaging for portable devices (referred to herein as the “HotApp Application”). On August 30, 2022, AIL entered into a stock purchase agreement with its controlling stockholder, Alset Inc.

In its own words, from its 10-K, filed Mar 17, 2026.

Hapi Metaverse against its Services-Management Consulting Services peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -6% against the peers' median +6%. Operating margin: -300.8% against the peers' median 8.9%.

CompanyQuarterRevenueY/YOp. margin
Hapi MetaverseQ2 2026$68K-6%-300.8%
BAH Booz Allen Hamilton HoldingQ2 FY27$2.8B-4%8.8%
G GenpactQ3 2026$1.4B+7%15.2%
ASTH Astrana HealthQ3 2026$1.0B+7%3.9%
FCN FTI ConsultingQ3 2026$1.0B+6%8.9%
HURN Huron Consulting GroupQ3 2026$491M+11%12.0%
ICFI ICF InternationalQ3 2026$470M+1%9.3%
ONT OnterrisQ3 2026$203M-10%6.0%
EXPO ExponentQ3 2026$174M+18%24.1%

Source: Hapi Metaverse 10-Q on SEC EDGAR · CIK 1600347 · Services-Management Consulting Services