Able View Global Inc
What Do They Do?
Manages international beauty and personal-care brands in China, selling their cosmetics and other beauty products through online marketplaces, distributors, and its own online stores to consumers.
20-F for FY2025, filed Apr 27, 2026Able View is one of the largest comprehensive brand management partners of international beauty and personal care brands in China. The…View ↗
As a brand management partner, Able View generates revenue from product sales by distributing and selling cross-border products from…View ↗
Able View does not generate revenue directly through its brand management services and the service cost is regarded as cost of sales…View ↗
How Do They Make Money?
The company earns money mainly by reselling beauty products, with sales counted when goods are delivered. It also charges online-store customers a percentage of sales for marketing, warehouse, logistics and customer-service work, earning those fees as it provides the service.
20-F for FY2025, filed Apr 27, 2026For the years ended December 31, 2025, 2024 and 2023, the Company generated revenues primarily from selling cosmetics and other beauty…View ↗
The Company recognizes revenues net of return allowances and consideration payable to customers when the products are delivered, and…View ↗
The Company also generated revenues from provision of operation services for online stores owned by customers. The operation services cover…View ↗
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20-F for FY2025, filed Apr 27, 2026
FY2025 revenue by product or service ↗
$105.2M
-
20-F for FY2025, filed Apr 27, 2026
$105.2M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Sales of cosmetics and other beauty products
Sold outright
20-F for FY2025, filed Apr 27, 2026 |
92%
FY2022: 100%
|
Sales of cosmetics and other beauty products, FY2025
$96.6M Sources
|
Sold outright |
|
Provision of operation services
Usage-based
|
8.2%
FY2022: 0.2%
|
Provision of operation services, FY2025
$8.6M Sources
|
Usage-based |
Who Are Their Customers?
It sells products to online marketplaces and distributors, and directly to consumers through company-operated e-commerce stores or offline counters. It also provides store-operation services for customers' online stores.
20-F for FY2025, filed Apr 27, 2026Able View does not generate revenue directly through its brand management services and the service cost is regarded as cost of sales…View ↗
As a brand management partner, Able View generates revenue from product sales by distributing and selling cross-border products from…View ↗
The Company also generated revenues from provision of operation services for online stores owned by customers. The operation services cover…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 1 cent of every revenue dollar as net income in FY2025 and turned 1 cent into free cash flow.
20-F for FY2025, filed Apr 27, 2026
−$486.6KView ↗
20-F for FY2025, filed Apr 27, 2026
$820KView ↗
20-F for FY2025, filed Apr 27, 2026
$1.2MView ↗
How Are They Changing?
Shrinking. Revenue fell 10% in 4 years, from $117.3M in FY2021 to $105.2M in FY2025, about 3% a year.
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