Alset Inc
alsetinc.comWhat Do They Do?
Rents homes to tenants and sells developed lots to homebuilders, while subsidiaries provide technology services to businesses and sell biohealth and consumer products.
10-K for FY2025, filed Mar 31, 2026We are a diversified holding company principally engaged through our subsidiaries in the development of EHome communities and other real…View ↗
Our property development business is primarily conducted through our indirect subsidiary, Alset Real Estate Holdings Inc. (“Alset RE…View ↗
The Company has entered into a property management agreement with the property managers under which the property managers generally oversee…View ↗
Our digital transformation technology business unit is committed to enabling enterprises to engage in a digital transformation by providing…View ↗
How Do They Make Money?
Tenants pay rent over their lease terms, while homebuilders pay for developed lots when title transfers after inspection. Revenue also comes from biohealth products, food and beverage, and other activities.
10-K for FY2025, filed Mar 31, 2026We currently recognize revenue from the sale of our subdivision development properties, rental homes, the sale of our biohealth products…View ↗
The builders do the inspections to make sure all conditions/requirements are met before taking title of lots. The Company recognizes…View ↗
Rent from tenants is recorded in accordance with the terms of each lease agreement on a straight-line basis over the initial term of the…View ↗
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10-K for FY2025, filed Mar 31, 2026
FY2025 revenue by product or service ↗
$4.5M
-
10-K for FY2025, filed Mar 31, 2026
$4.5M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Rental
Recurring
10-K for FY2025, filed Mar 31, 2026 |
63%
FY2022: 40%
|
Rental, FY2025
$2.8M Sources
|
Recurring |
|
Other
|
37%
FY2022: 13%
|
Other, FY2025
$1.6M Sources
|
Who Are Their Customers?
Homebuilders contract with the company for developed lots; property managers handle leasing and rent collection for tenants. Businesses are also clients for digital services.
10-K for FY2025, filed Mar 31, 2026Our property development business is primarily conducted through our indirect subsidiary, Alset Real Estate Holdings Inc. (“Alset RE…View ↗
The Company has entered into a property management agreement with the property managers under which the property managers generally oversee…View ↗
Our digital transformation technology business unit is committed to enabling enterprises to engage in a digital transformation by providing…View ↗
Do Revenues Turn Into Profits?
No. It lost $47.4M in FY2025.
10-K for FY2025, filed Mar 31, 2026
−$15.2MView ↗
10-K for FY2025, filed Mar 31, 2026
−$47.4MView ↗
10-K for FY2025, filed Mar 31, 2026
−$6.1MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 14, 2026
−$5.3MView ↗
- ▼ −36% (Loss)
- vs −$8.2M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 14, 2026
Open tableView ↗
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May 7, 2026
Alset and HWH terminated the planned Hapi Metaverse share sale
They ended the agreements; neither party paid a penalty or fee.
Sources
8-K, filed May 7, 2026
On February 5, 2026, Alset Inc. (the “Company”) entered into a term sheet (the “Term Sheet”), with HWH International Inc., a Nevada company…View ↗
Shrinking. Revenue fell 77% in 4 years, from $19.8M in FY2021 to $4.5M in FY2025, about 31% a year.
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