Financial Snapshot

Revenue
$3.391M
TTM
Gross Margin
94.94%
TTM
Net Earnings
$62.35K
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
225.94%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$2.034M
Q3 2024
Cash
Q3 2024
P/E
1.962K
Nov 21, 2024 EST
Free Cash Flow
-$1.013M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $3.110M $0.00 $20.00K $0.00 $0.00
YoY Change -100.0%

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 2019 2018
Revenue $3.110M $0.00 $20.00K $0.00 $0.00
Cost Of Revenue $105.5K $0.00 $10.00K $0.00 $0.00
Gross Profit $3.004M $0.00 $10.00K $0.00 $0.00
Gross Profit Margin 96.61% 50.0%

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 2019 2018
Selling, General & Admin $2.902M $40.00K $90.00K $0.00 $0.00
YoY Change -55.56%
% of Gross Profit 96.59% 900.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $74.43K $93.65K
YoY Change -20.53%
% of Gross Profit 2.48%
Operating Expenses $2.902M $0.00 $40.00K $80.00K $0.00 $0.00
YoY Change -100.0% -50.0%
Operating Profit $115.3K $0.00 -$40.00K -$70.00K $0.00 $0.00
YoY Change -100.0% -42.86%

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 2019 2018
Interest Expense -$150.00
YoY Change
% of Operating Profit -0.13%
Other Income/Expense, Net
YoY Change

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 2019 2018
Pretax Income $115.3K -$108.2K -$40.00K -$70.00K $0.00 $0.00
YoY Change -206.55% 170.51% -42.86%
Income Tax $96.71K $3.999K $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 83.89%
Net Earnings $19.21K -$112.2K -$40.00K -$70.00K $0.00 $0.00
YoY Change -117.12% 180.51% -42.86%
Net Earnings / Revenue 0.62% -350.0%
Basic Earnings Per Share $0.00 $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00 -$545.60 -$952.60 $0.00 $0.00

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 2019 2018
Cash & Short-Term Investments $1.265M $1.580M $980.0K $510.0K $0.00 $0.00
YoY Change -19.94% 61.24% 92.16%
Cash & Equivalents
Short-Term Investments $30.95K
Other Short-Term Assets $49.60K $741.5K
YoY Change -93.31%
Inventory
Prepaid Expenses
Receivables $1.005M $676.4K $0.00 $20.00K $0.00 $0.00
Other Receivables $253.3K $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $2.573M $2.998M $980.0K $530.0K $0.00 $0.00
YoY Change -14.19% 205.93% 84.91%
Property, Plant & Equipment $769.0K $300.4K
YoY Change 155.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $411.3K $428.9K
YoY Change -4.11%
Other Assets $40.00 $870.00
YoY Change -95.4%
Total Long-Term Assets $1.180M $730.2K $0.00 $0.00 $0.00 $0.00
YoY Change 61.65%
Total Assets $3.753M $3.728M $980.0K $530.0K $0.00 $0.00
YoY Change
Accounts Payable $24.90K $24.74K $0.00 $10.00K $0.00 $0.00
YoY Change 0.65% -100.0%
Accrued Expenses $411.4K $538.2K $10.00K $0.00 $0.00
YoY Change -23.55%
Deferred Revenue
YoY Change
Short-Term Debt $210.8K $285.4K $0.00 $0.00 $0.00 $0.00
YoY Change -26.15%
Long-Term Debt Due $4.760K $11.60K
YoY Change -58.97%
Total Short-Term Liabilities $890.8K $1.366M $10.00K $20.00K $0.00 $0.00
YoY Change -34.8% 13562.4% -50.0%
Long-Term Debt $0.00 $4.950K $0.00 $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $591.5K $50.45K
YoY Change 1072.37%
Total Long-Term Liabilities $591.5K $55.40K $0.00 $0.00 $0.00 $0.00
YoY Change 967.62%
Total Liabilities $1.494M $1.428M $10.00K $20.00K $0.00 $0.00
YoY Change 4.62% 14176.8% -50.0%

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 2019 2018
Basic Shares Outstanding 80.36M shares 73.32M shares 73.32M shares
Diluted Shares Outstanding 80.36M shares 73.32M 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: $122.33 Million

About ASIAFIN HOLDINGS CORP.

AsiaFIN Holdings Corp. engages in the provision of market research studies and consultancy services in the system solution and integration on unattended payment kiosk and payment processing. The company is headquartered in Kuala Lumpur, Kuala Lumpur and currently employs 95 full-time employees. The company went IPO on 2022-04-21. The Company, through its subsidiaries, is engaged in providing information technology services. The firm offers a range of system solutions in payment processing, robotic process automation (RPA), and regulatory technology (RegTech) to financial institutions, regulatory agencies, professional service providers and private enterprises from various industries, with existing client in the Asia region. The company offers a Web-based payment processing system for check clearing used in central banks, financial institutions and payment system providers. Its reporting platform covers financial statistics reporting, credit risk exposure and analysis, risk management reports, FATCA & CRS reporting, external sector reporting, goods and services tax (GST) reporting for reporting entities. Its system automates the capturing of customer information from identity cards, passports and other identification peripherals.

Industry: Services-Business Services, NEC Peers: Starbox Group Holdings Ltd.