Latest Quarter
2025-09-30
Alset Capital Acquisition Corp (ACAXW)
Revenue
$207K
Net Income
-$291K
Operating Margin
-97.4%
Free Cash Flow
-$1.8M
Debt / Assets
56.8%
Values are in USD and rounded to the nearest whole number unless noted.
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| Income Statement (Quarterly) | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 206,778 | 310,391 | 295,197 | 1,254,000 |
| Cost of Revenue | 83,196 | 161,501 | 147,603 | 651,721 |
| Gross Profit | 123,582 | 148,890 | 147,594 | 601,856 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 324,976 | 488,681 | 664,242 | 1,428,000 |
| Operating Expenses | 324,976 | 488,681 | 664,242 | 1,806,000 |
| Operating Income | -201,394 | 415,768 | -516,648 | -3,087,021 |
| Interest Expense | 32,127 | 29,529 | 50,126 | -3,423,792 |
| Income Before Tax | -295,094 | 75,977 | -531,155 | -2,258,840 |
| Income Tax Expense | -4,090 | -7,412 | 33,976 | 159,400 |
| Net Income | -291,004 | 83,389 | -565,000 | -318,000 |
| Per Share | ||||
| EPS | -0.06 | 0.02 | -0.11 | -0.06 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2025-12-31 | 2024-12-31 | 2023-11-30 | 2022-11-30 |
|---|---|---|---|---|
| Revenue | 866,926 | 1,254,000 | 0 | 0 |
| Cost of Revenue | 407,199 | 651,721 | 0 | 0 |
| Gross Profit | 459,727 | 601,856 | 0 | 0 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 3,531,757 | 2,647,000 | 0 | 689,646 |
| Operating Expenses | 3,531,757 | 2,647,000 | 388,396 | 689,646 |
| Operating Income | -3,072,030 | -2,044,771 | 388,396 | -2,669,866 |
| Interest Expense | -52,242 | -72,076 | 0 | -990,110 |
| Income Before Tax | -2,610,457 | -2,606,504 | 388,396 | 300,464 |
| Income Tax Expense | 20,163 | -15,773 | 0 | 186,923 |
| Net Income | -2,630,620 | -2,591,000 | 388,396 | 113,541 |
| Per Share | ||||
| EPS | 0.00 | -0.50 | 0.07 | 0.01 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2024-12-31 | 2023-11-30 | 2022-11-30 | 2021-11-30 |
|---|---|---|---|---|
| Assets | ||||
| Cash and Cash Equivalents | 4,341,746 | 585,654 | 1,172,581 | 50,000 |
| Short Term Investments | 0 | 21,252,639 | 88,102,610 | 0 |
| Net Receivables | 17,546 | 0 | 13,000 | 0 |
| Inventory | 1,574 | 0 | 0 | 0 |
| Total Current Assets | 5,474,997 | 703,154 | 1,194,624 | 50,000 |
| Property Plant Equipment | 582,345 | 0 | 0 | 0 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 |
| Total Assets | 6,408,722 | 21,955,793 | 89,297,234 | 135,000 |
| Liabilities | ||||
| Account Payables | 0 | 0 | 376,541 | 0 |
| Short Term Debt | 1,562,862 | 0 | 0 | 0 |
| Total Current Liabilities | 3,311,274 | 837,575 | 376,541 | 115,000 |
| Long Term Debt | 220,249 | 0 | 0 | 0 |
| Total Liabilities | 3,643,358 | 3,856,325 | 3,395,291 | 115,000 |
| Shareholders Equity | ||||
| Retained Earnings | -6,157,747 | -2,357,806 | -2,032,532 | -5,000 |
| Total Shareholders Equity | 2,765,364 | 18,099,468 | 85,901,943 | 20,000 |
| Balance Sheet (Annual) | 2024-12-31 | 2023-11-30 | 2022-11-30 | 2021-11-30 |
|---|---|---|---|---|
| Assets | ||||
| Cash and Cash Equivalents | 4,341,746 | 585,654 | 1,172,581 | 50,000 |
| Short Term Investments | 0 | 21,252,639 | 88,102,610 | 0 |
| Net Receivables | 17,546 | 0 | 13,000 | 0 |
| Inventory | 1,574 | 0 | 0 | 0 |
| Total Current Assets | 5,474,997 | 703,154 | 1,194,624 | 50,000 |
| Property Plant Equipment | 582,345 | 0 | 0 | 0 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 |
| Total Assets | 6,408,722 | 21,955,793 | 89,297,234 | 135,000 |
| Liabilities | ||||
| Account Payables | 0 | 0 | 376,541 | 0 |
| Short Term Debt | 1,562,862 | 0 | 0 | 0 |
| Total Current Liabilities | 3,311,274 | 837,575 | 376,541 | 115,000 |
| Long Term Debt | 220,249 | 0 | 0 | 0 |
| Total Liabilities | 3,643,358 | 3,856,325 | 3,395,291 | 115,000 |
| Shareholders Equity | ||||
| Retained Earnings | -6,157,747 | -2,357,806 | -2,032,532 | -5,000 |
| Total Shareholders Equity | 2,765,364 | 18,099,468 | 85,901,943 | 20,000 |
| Cash Flow Statement (Quarterly) | 2025-12-31 | 2024-12-31 | 2023-11-30 | 2022-11-30 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -2,630,620 | -2,045,617 | 0 | 113,541 |
| Depreciation & Amortization | 19,646 | 48,172 | 0 | 0 |
| Stock Based Compensation | 0 | -325,000 | 0 | 0 |
| Change in Working Capital | 0 | 0 | 0 | 357,498 |
| Operating Cash Flow | -1,750,290 | -1,659,999 | 43 | -514,071 |
| Investing Activities | ||||
| Capital Expenditure | -19,464 | -30,394 | 0 | 0 |
| Investments | -19,464 | -30,394 | 0 | 0 |
| Investing Cash Flow | -1,188,686 | 20,452,029 | 0 | -87,125,500 |
| Financing Activities | ||||
| Debt Repayment | 0 | 0 | 0 | -211,153 |
| Common Stock Issued/Repurchased | 1,409,983 | 3,585,000 | 0 | 89,262,500 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 934,714 | -15,756,940 | 0 | 88,762,152 |
| Summary | ||||
| Free Cash Flow | -1,769,754 | -1,690,393 | 43 | -514,071 |
| Net Change in Cash | -2,255,828 | 3,182,545 | 43 | 1,122,581 |
| Cash Flow Statement (Annual) | 2025-12-31 | 2024-12-31 | 2023-11-30 | 2022-11-30 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -2,630,620 | -2,045,617 | 0 | 113,541 |
| Depreciation & Amortization | 19,646 | 48,172 | 0 | 0 |
| Stock Based Compensation | 0 | -325,000 | 0 | 0 |
| Change in Working Capital | 0 | 0 | 0 | 357,498 |
| Operating Cash Flow | -1,750,290 | -1,659,999 | 43 | -514,071 |
| Investing Activities | ||||
| Capital Expenditure | -19,464 | -30,394 | 0 | 0 |
| Investments | -19,464 | -30,394 | 0 | 0 |
| Investing Cash Flow | -1,188,686 | 20,452,029 | 0 | -87,125,500 |
| Financing Activities | ||||
| Debt Repayment | 0 | 0 | 0 | -211,153 |
| Common Stock Issued/Repurchased | 1,409,983 | 3,585,000 | 0 | 89,262,500 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 934,714 | -15,756,940 | 0 | 88,762,152 |
| Summary | ||||
| Free Cash Flow | -1,769,754 | -1,690,393 | 43 | -514,071 |
| Net Change in Cash | -2,255,828 | 3,182,545 | 43 | 1,122,581 |