Financial Snapshot

Revenue
$13.19M
TTM
Gross Margin
9.08%
TTM
Net Earnings
-$39.56M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1693.73%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$93.40M
Q3 2024
Cash
Q3 2024
P/E
-0.2976
Dec 04, 2024 EST
Free Cash Flow
-$2.293M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2018 2017 2016
Revenue $22.09M $4.480M $19.80M $16.24M $20.38M $10.76M $1.230M
YoY Change 393.0% -77.37% 21.91% 89.41% 774.8%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2018 2017 2016
Revenue $22.09M $4.480M $19.80M $16.24M $20.38M $10.76M $1.230M
Cost Of Revenue $14.58M $3.732M $11.30M $12.09M $15.53M $7.530M $1.020M
Gross Profit $7.512M $748.5K $8.497M $4.150M $4.850M $3.230M $210.0K
Gross Profit Margin 34.01% 16.7% 42.92% 25.55% 23.8% 30.02% 17.07%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2018 2017 2016
Selling, General & Admin $9.529M $7.838M $23.49M $5.840M $7.160M $7.780M $4.280M
YoY Change 21.58% -66.63% 302.25% -7.97% 81.78%
% of Gross Profit 126.85% 1047.21% 276.46% 140.72% 147.63% 240.87% 2038.1%
Research & Development $460.0K $350.0K $390.0K
YoY Change 31.43% -10.26%
% of Gross Profit 9.48% 10.84% 185.71%
Depreciation & Amortization $1.217M $963.1K $166.5K $20.00K $40.00K $60.00K $90.00K
YoY Change 26.37% 478.6% 732.25% -33.33% -33.33%
% of Gross Profit 16.2% 128.68% 1.96% 0.48% 0.82% 1.86% 42.86%
Operating Expenses $9.529M $7.838M $23.49M $5.840M $7.630M $8.130M $4.680M
YoY Change 21.58% -66.63% 302.25% -6.15% 73.72%
Operating Profit -$2.017M -$7.089M -$14.99M -$1.690M -$2.780M -$4.900M -$4.470M
YoY Change -71.55% -52.72% 787.23% -43.27% 9.62%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2018 2017 2016
Interest Expense -$38.93M $1.853K -$52.71M -$2.400M -$3.850M $300.0K -$70.00K
YoY Change -2101222.5% -100.0% 2096.31% -1383.33% -528.57%
% of Operating Profit
Other Income/Expense, Net $2.277M -$39.12M -$50.78M $120.0K $0.00 -$120.0K -$760.0K
YoY Change -105.82% -22.95% -42415.04% -100.0% -84.21%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2018 2017 2016
Pretax Income -$61.19M -$46.21M -$118.5M -$3.970M -$7.390M -$7.450M -$5.750M
YoY Change 32.4% -61.0% 2884.47% -0.81% 29.57%
Income Tax $92.35K $534.0K $10.00K $0.00 -$590.0K $590.0K
% Of Pretax Income
Net Earnings -$58.95M -$46.21M -$103.3M -$2.520M -$4.990M -$4.310M -$5.750M
YoY Change 27.56% -55.27% 4000.13% 15.78% -25.04%
Net Earnings / Revenue -266.86% -1031.43% -521.87% -15.52% -24.48% -40.06% -467.48%
Basic Earnings Per Share -$6.52 -$6.22 -$73.85
Diluted Earnings Per Share -$6.52 -$6.22 -$3.692M -$301.8K -$396.0K -$342.1K -$456.3K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2018 2017 2016
Cash & Short-Term Investments $48.55M $90.39M $123.3M $73.90M $4.600M $5.300M $3.400M
YoY Change -46.3% -26.69% 66.85% -13.21% 55.88%
Cash & Equivalents
Short-Term Investments $21.62M $72.57M $67.24M $49.50M $3.200M $4.100M $800.0K
Other Short-Term Assets $1.354M $882.6K $6.219M $8.300M $4.300M $3.100M $2.800M
YoY Change 53.45% -85.81% -25.08% 38.71% 10.71%
Inventory $5.560K $35.02K $47.29K $100.0K $200.0K $100.0K $0.00
Prepaid Expenses
Receivables $77.52K $46.52K $39.62K $1.400M $600.0K $900.0K $200.0K
Other Receivables $5.478M $4.064M $13.13M $1.300M $0.00 $0.00 $0.00
Total Short-Term Assets $55.46M $95.42M $142.7M $85.00M $9.700M $9.400M $6.400M
YoY Change -41.88% -33.15% 67.92% 3.19% 46.88%
Property, Plant & Equipment $44.35M $57.53M $41.44M $21.20M $39.00M $50.80M $51.30M
YoY Change -22.92% 38.83% 95.47% -23.23% -0.97%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $21.25M
YoY Change
Other Assets $337.6K $537.0K $39.65K $200.0K $0.00 $0.00
YoY Change -37.12% 1254.22% -80.18%
Total Long-Term Assets $70.85M $58.07M $41.48M $22.20M $39.00M $50.80M $51.40M
YoY Change 22.02% 40.0% 86.84% -23.23% -1.17%
Total Assets $126.3M $153.5M $184.2M $107.2M $48.70M $60.20M $57.80M
YoY Change
Accounts Payable $4.373M $2.983M $11.34M $1.700M $4.400M $2.700M $4.600M
YoY Change 46.57% -73.69% 567.16% 62.96% -41.3%
Accrued Expenses $903.4K $45.56K $284.0K $400.0K $500.0K $0.00
YoY Change 1882.95% -83.96% -29.0%
Deferred Revenue
YoY Change
Short-Term Debt $16.87K $0.00 $0.00 $0.00 $1.500M $0.00 $0.00
YoY Change
Long-Term Debt Due $30.74K $181.9K $317.7K $200.0K $0.00 $8.300M $14.70M
YoY Change -83.1% -42.76% 58.84% -100.0% -43.54%
Total Short-Term Liabilities $8.345M $3.245M $13.54M $8.700M $7.900M $12.80M $19.30M
YoY Change 157.18% -76.03% 55.6% -38.28% -33.68%
Long-Term Debt $126.2K $0.00 $0.00 $600.0K $9.000M $8.800M $10.50M
YoY Change -100.0% 2.27% -16.19%
Other Long-Term Liabilities $595.8K $1.582M $383.4K $200.0K $2.600M $3.900M $6.500M
YoY Change -62.35% 312.8% 91.68% -33.33% -40.0%
Total Long-Term Liabilities $722.0K $1.582M $383.4K $800.0K $11.60M $12.70M $17.00M
YoY Change -54.37% 312.8% -52.08% -8.66% -25.29%
Total Liabilities $17.67M $15.84M $35.83M $47.50M $28.70M $37.20M $44.50M
YoY Change 11.57% -55.8% -24.56% -22.85% -16.4%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2018 2017 2016
Basic Shares Outstanding 9.042M shares 6.513M shares 1.399M shares
Diluted Shares Outstanding 9.042M shares 6.513M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $11.775 Million

About Alset Inc.

Alset, Inc. engages through its subsidiaries in the development of ehome communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products. The company is headquartered in Bethesda, Maryland and currently employs 60 full-time employees. The company went IPO on 2020-08-13. The Company, through its subsidiaries, is engaged in the development of EHome communities and other real estate, financial services, digital transformation technologies, biohealth activities and consumer products with operations in the United States, Singapore, Hong Kong, Australia, and South Korea. Its segments include real estate, digital transformation technology and biohealth. Its real estate segment is comprised of LiquidValue Development Inc. (LiquidValue Development). Its digital transformation technology segment is involved in mobile application product development and other businesses, providing information technology services to end-users, service providers and other commercial users through multiple platforms. Its biohealth segment is engaged in research and developing and selling products that promote a healthy lifestyle. Its other business activities include corporate strategy and business development services.

Industry: Real Estate Peers: AMREP CORP. STRATUS PROPERTIES INC Forestar Group Inc. Howard Hughes Corp International Land Alliance Inc. KAANAPALI LAND LLC MAUI LAND & PINEAPPLE CO INC