10-K - Alset Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Alset Inc. reported FY2025 revenue of $4.5M, down 78.8% from $21.1M, due to decreased property sales including fewer lots sold in the Lakes at Black Oak project, driving net loss to -$47.4M from -$4.0M.

Key Takeaways

1Revenue declined 78.8% to $4.5M as property sales decreased in 2025 per management discussion.

2Gross profit dropped 85.0% to $1.2M with gross margin of 27.9%, caused by fewer lots sold in the Lakes at Black Oak project.

3Operating loss widened 268.0% to -$15.2M, reflecting operating margin of -338.9% amid revenue contraction.

4Net loss surged 1095.6% to -$47.4M with diluted EPS of -$2.22 versus -$0.43, driven by investment impairments under ASC 321.

5Operating cash flow turned to -$5.9M use from $5.2M provided, yielding free cash flow of -$6.1M.

Key Financial Metrics

EPS

$-2.22

-416.3%

Revenue

$4.5M

-78.8%

Net Income

-$47.4M

-1095.6%

Gross Margin

27.9%

Gross Profit

$1.2M

-85.0%

free cash flow

-$6.1M

Operating Income

-$15.2M

-268.0%

operating margin

-338.9%