First America Resources Corporation (OTC: FSTJ) is an IT asset disposition and electronic equipment recycling company that collects, processes, and resells or responsibly recycles end-of-life enterprise technology hardware. Revenue is transactional, generated from fees charged to enterprise customers for equipment collection, logistics, data destruction, refurbishment, resale preparation, and recycling services. The company is headquartered in Morris, Illinois, was incorporated in Nevada in 2010 under the name Golden Oasis New Energy Group, Inc., and adopted its current name in 2014. Total revenues were $18,790,946 for the year ended December 31, 2025, up 15.9% from $16,206,752 in 2024. Customer concentration is moderate: the top three customers accounted for approximately 15%, 13%, and 12% of total revenues in FY2025. Common stock trades on the OTC Markets under the symbol FSTJ, with 87,964,090 shares outstanding as of the filing date of April 1, 2026. The company has never paid a cash dividend.
- Revenue model
- Transactional service fees from enterprise customers for IT asset disposition, electronic equipment recycling, data destruction, and data center decommissioning. Revenue was $18,790,946 for FY2025 and $16,206,752 for FY2024, representing approximately 15.9% year-over-year growth.
- Products and services
- IT asset disposition (ITAD) including equipment collection, logistics coordination, asset tracking, testing, refurbishment, and resale preparation; data destruction and media sanitization per NIST SP 800-88 and DoD 5220.22-M standards; electronic equipment recycling; data center decommissioning; and artificial intelligence infrastructure lifecycle services covering removal, transportation, and processing of legacy servers, storage systems, and networking equipment displaced by AI-optimized hardware upgrades. Products handled include laptops, desktop computers, servers, networking equipment, SAN and NAS storage systems, telecommunications equipment, monitors, storage devices, processors, memory, and other enterprise IT components.
- Customers and end markets
- Enterprise customers retiring or upgrading computing infrastructure, including organizations decommissioning legacy data center hardware in connection with AI and high-performance computing upgrades. Top three customers represented approximately 15%, 13%, and 12% of FY2025 revenues; no other single customer exceeded 10% of revenues in FY2025.
- Value-chain role
- Downstream processor and service provider in the IT asset lifecycle. The company takes custody of end-of-life enterprise hardware, manages logistics and data security compliance, and routes equipment to refurbishment, resale, or certified recycling channels.
- Geographic exposure
- Principal executive offices located in Morris, Illinois. The filing does not disclose a geographic revenue breakdown.
Source: SEC 10-K, filed 2026-04-01
Industry:
Wholesale-Electronic Parts & Equipment, NEC