Alset Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Alset Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $16.24M | Apr 14, 2021 |
| FY2020 | Dec 31, 2019 | $24.26M | Apr 14, 2021 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.47M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $21.12M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $22.09M | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | $4.48M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $19.80M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $16.24M | Mar 31, 2022 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.25M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $8.33M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $7.51M | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | $748.5K | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $8.50M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $4.15M | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $4.29M | Apr 14, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($47.41M) | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | ($3.97M) | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | ($58.95M) | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | ($40.49M) | Apr 1, 2024 |
| FY2021 | Dec 31, 2021 | ($119.02M) | Mar 31, 2022 |
| FY2021 | Dec 31, 2020 | ($5.10M) | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | ($8.05M) | Apr 14, 2021 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($15.15M) | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | ($4.12M) | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | ($2.87M) | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | ($7.09M) | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | ($14.99M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($2.18M) | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | ($6.94M) | Apr 14, 2021 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($5.93M) | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $5.16M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $7.48M | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | ($31.86M) | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | ($16.68M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $317.6K | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $5.96M | Apr 14, 2021 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $175.5K | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $102.7K | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $29.1K | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | $599.7K | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $227.8K | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $21.7K | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $3.6K | Apr 14, 2021 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $136.59M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $96.76M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $126.31M | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | $153.49M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $184.21M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $107.71M | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $35.87M | Apr 14, 2021 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.92M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $6.56M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $9.07M | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | $4.83M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $13.92M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $9.72M | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $13.65M | Apr 14, 2021 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $121.08M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $81.33M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $88.19M | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | $137.65M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $148.38M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $59.97M | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $15.25M | Apr 14, 2021 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2023 | $60.3K | Mar 31, 2025 |
| FY2024 | Oct 5, 2022 | $60.3K | Mar 31, 2025 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($299.27M) | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | ($251.85M) | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | ($247.89M) | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | ($188.72M) | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | ($148.23M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($44.91M) | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | ($40.49M) | Apr 14, 2021 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $25.18M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $27.24M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $26.92M | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | $17.83M | Apr 1, 2024 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $123.1K | Mar 31, 2025 |
| FY2023 | Dec 31, 2023 | $156.9K | Apr 1, 2024 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (2) | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | (6) | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | (6) | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | (73) | Mar 31, 2023 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (2) | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | (6) | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | (6) | Apr 1, 2024 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 38.90M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | 9.24M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | 9.24M | Mar 31, 2025 |
| FY2023 | Dec 31, 2022 | 7.42M | Apr 1, 2024 |
| FY2023 | Jan 17, 2022 | 3.49B | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | 4.37M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | 8.57M | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | 10.00M | Apr 14, 2021 |