7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $4M | -$47M | 27.9% | -338.9% | -$6M | — | $25M |
| 2024 | $21M | -$4M | 39.5% | -19.5% | $5M | $123118 | $27M |
| 2023 | $22M | -$59M | 34.0% | -13.0% | $7M | $156926 | $27M |
| 2022 | $4M | -$40M | 16.7% | -158.2% | -$32M | — | $18M |
| 2021 | $20M | -$119M | 42.9% | -75.7% | -$17M | — | — |
| 2020 | $16M | -$5M | 25.6% | -13.5% | $295938 | $636362 | — |
| 2019 | — | -$8M | — | — | $6M | $0 | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $980778 | -$5M | 28.1% | -270.4% | -$1M | — | $21M |
| Dec '25 | $1M | -$32M | 35.2% | -451.0% | -$405702 | — | $25M |
| Sep '25 | $998828 | $2M | 24.3% | -258.2% | $822360 | — | $25M |
| Jun '25 | $1M | -$8M | 23.3% | -250.7% | -$3M | — | $26M |
| Mar '25 | $1M | -$8M | 27.2% | -368.1% | -$4M | $116484 | $25M |
| Dec '24 | $9M | $2M | 51.4% | 21.5% | $14M | $123118 | $27M |
| Sep '24 | $5M | $2M | 40.5% | -19.4% | -$3M | $137922 | $17M |
| Jun '24 | $1M | -$1M | 26.4% | -249.3% | -$4M | $137787 | $19M |
| Mar '24 | $6M | -$7M | 23.5% | -37.2% | -$2M | $145784 | $24M |
| Dec '23 | $1M | -$33M | -54.0% | -375.0% | -$781248 | $156926 | $27M |
| Sep '23 | $990199 | -$16M | 41.3% | -209.7% | $832922 | $159209 | $28M |
| Jun '23 | $19M | -$6M | 38.7% | 26.7% | $11M | $167898 | $29M |
| Mar '23 | $926936 | -$4M | 25.6% | -225.4% | -$3M | $178819 | $19M |
| Dec '22 | $879960 | -$13M | -42.4% | -194.4% | -$4M | — | $18M |
| Sep '22 | $721905 | -$12M | -12.7% | -286.9% | -$12M | — | — |
| Jun '22 | $926340 | -$9M | 40.6% | -178.6% | -$11M | — | — |
| Mar '22 | $2M | -$6M | 42.9% | -84.7% | -$5M | — | — |
| Dec '21 | $3M | -$26M | 2.1% | -349.2% | -$10M | — | — |
| Sep '21 | $5M | -$7M | 54.0% | 1.1% | $4M | — | — |
| Jun '21 | $7M | -$67M | 60.1% | -71.5% | -$7M | — | — |
How the market has priced AEI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Alset Inc.'s revenue has declined 22.7% per year. These are computed facts, not advice.
As of FY2025, Alset Inc. reported — of total debt against $25M of cash; operating income covered interest expense -277.7×.
In FY2025, gross margin was 27.9%, operating margin -338.9%, and net margin -1060.5%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.