AEI
Alset Inc.2.7250
+0.0450+1.68%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
106.02MP/E (TTM)
-Basic EPS (TTM)
-0.56Dividend Yield
0%Recent Filings
8-K
Annual meeting elects directors
Alset Inc. held its 2025 Annual Meeting on December 4, electing all seven director nominees—Chan Heng Fai, Wong Tat Keung, William Wu, Wong Shui Yeung, Lim Sheng Hon Danny, Joanne Wong Hiu Pan, and Chan Tung Moe—with overwhelming support amid minor withholdings. Stockholders ratified HTL International, LLC as independent auditors for the year ending December 31, 2025. Continuity intact.
10-Q
Q3 FY2025 results
Alset swung to Q3 profit with $1.0M revenue—mostly rental—down 80% y/y from property sales (derived), yet operating loss narrowed to $2.6M from $1.0M as costs fell. YTD revenue plunged 74% y/y to $3.2M while operating loss widened to $9.3M from $6.0M, dragged by no lot sales; net loss hit $16.4M versus $7.0M, fueled by $4.8M FX loss and $2.4M realized securities losses offsetting interest income. Cash dipped to $25.5M; closed NEAPI acquisition July 2025 via $83M stock (27.7M shares at $3), adding $83M equity investment. Stock repurchases totaled $420K. Cafes keep closing.
8-K
Expands buyback by $1M
Alset Inc. amended its share repurchase program on September 29, 2025, authorizing an extra $1 million in buybacks after already repurchasing 284,462 shares for $392,000. Repurchases run through December 31, 2025, at broker discretion amid market conditions. With 39.1 million shares outstanding, it signals board confidence. Forward-looking plans carry execution risks.
10-Q
Q2 FY2025 results
Alset's Q2 revenue dipped 2% y/y to $1.1M (derived), all rental at $716K up slightly while other fell 9%, but YTD plunged 70% y/y to $2.2M after exhausting property sales. Operating loss narrowed to $2.8M from $2.8M y/y yet widened YTD to $6.7M; net loss exploded to $8.8M on $4.8M FX hit and $2.4M related-party security realizations, versus $1.1M prior year—net far exceeds operating due to FX and investments. Diluted EPS -$0.71 tracks $8.2M common loss over 11.6M shares. Cash $25.6M covers $1.2M notes; ops burned $6.4M but stock raises added $2.6M. Volatility stalks FX-exposed intercompany loans.
8-K
Alset closes NEAPI acquisition
Alset completed its $83M acquisition of NEAPI from CEO Chan Heng Fai on July 23, 2025, immediately converting the note into 27,666,667 restricted shares at $3.00 each. NEAPI holds 41.5% of New Energy, a distributor of electric vehicles, chargers, and batteries across Asia. Strategic push targets booming EV demand. Shares issued unregistered.
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