Nocera, Inc.
1.6400-0.03 (-1.8%)
Oct 29, 4:00:00 PM EDT · NasdaqCM · NCRA · USD
Key Stats
Market Cap
23.56MP/E (TTM)
-Basic EPS (TTM)
-0.21Dividend Yield
0%Recent Filings
8-K
Nocera hires CEO and Asia Director
Nocera, Inc. appointed Andy Jin as CEO and Andrew Teng as Asia Director on September 2, 2025, via two-year employment agreements each offering $240,000 base salary and 600,000 fully vested common shares. Salaries jump to $600,000 upon hitting milestones like completing an acquisition, raising $15 million in capital, securing $5 million from Class B warrant exercises, or stock closing above $2.00 for five straight days. New leadership targets growth in Asia. Standard covenants protect company assets.
8-K
Nocera raises $3.15M via preferred stock
Nocera, Inc. secured $3.15 million on August 29, 2025, by issuing 3,500 shares of Series B Convertible Non-Voting Preferred Stock to an institutional investor at $910 per share, with stated value of $1,000 each. The deal allows up to 10,000 more shares in future closings, carrying a 9% annual dividend starting October 1, 2025, payable in cash or common stock, and convertible into common shares subject to a 4.99% ownership cap. This infusion bolsters liquidity yet imposes five-year restrictions on new equity deals, potentially limiting flexibility amid Nasdaq compliance needs.
10-Q
Q2 FY2025 results
Nocera's Q2 FY2025 revenue fell 41.2% y/y to $3.97M, driven by softer fish trading volumes despite higher prices, while gross profit shrank to $32K from $46K, yielding a razor-thin 0.8% margin. Operating loss narrowed to $204K from $309K on lower G&A expenses, but other expenses including a $87K gain on SY Culture disposal couldn't offset a $140K tax hit, swinging net loss to $492K or $(0.0345) per diluted share—consistent with 14.3M shares. YTD, revenue dropped 27.0% to $8.51M with operating loss at $487K, net loss $740K or $(0.0523) per share; cash burned $320K in operations, ending at $150K after $236K from warrant exercises, while $27K car loan matures soon. Closed SY Culture sale in June 2025 for $550K cash, recognizing $230K goodwill write-off. Yet customer concentration risks loom large, with one buyer claiming 95% of revenue.
8-K
Nocera regains Nasdaq compliance
Nocera, Inc. regained compliance with Nasdaq's Minimum Bid Price Requirement on July 14, 2025, after its common stock closed at or above $1.00 for 20 consecutive business days from June 12 to July 11. This resolves the deficiency flagged in January, bolstering the company's Nasdaq listing status and investor visibility. Compliance is key to Nocera's acquisition strategy. Yet future adherence remains uncertain.
8-K
Nocera's $500K investment and $550K divestiture
Nocera agreed to buy 1,750 shares of Tachyonext for $500,000 on June 5, 2025, closing by June 30, gaining a 35% stake with board observer rights and a put option capped at $300,000 after one year. Simultaneously, it sold its full stake in Hangzhou SY Culture Media to Yuechi Technology for $550,000 in installments, shifting pre-closing liabilities to a subsidiary. This portfolio swap bolsters strategic positioning. Risks hinge on closing conditions.
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