Wed, Apr 9, 12:32 PM (18 days ago)
### Summary of Greenpro Capital Corp. (GRNQ) **Financial Performance:** - **Revenue:** $3,496,405 for 2024, $3,477,664 for 2023. - **Net Income (Loss):** -$725,827 for 2024, $1,049,699 for 2023. - **Operating Expenses:** $4,465,683 for 2024, $4,980,842 for 2023. - **Gross Profit:** $3,069,965 for 2024, $2,906,086 for 2023. **Strategic Overview:** - **Business Segments:** Cross-border business solutions, venture capital, digital platform services, and real estate. - **Market Focus:** Southeast Asia and East Asia, including Hong Kong, China, Malaysia, Thailand, and Singapore. - **Future Outlook:** Expansion of corporate finance services, development of digital banking, and strategic partnerships. **Risk Factors:** - **Operational Risks:** Dependence on key personnel, market acceptance of services, and competition. - **Financial Risks:** Negative cash flow, accumulated deficit, and reliance on external financing. - **Regulatory Risks:** Compliance with U.S. and Chinese regulations, data security, and intellectual property protection. **Financial Condition:** - **Cash Balance:** $1,124,818 as of December 31, 2024. - **Liquidity:** Substantial doubt about the ability to continue as a going concern. - **Capital Resources:** Dependence on shareholder support and external financing. **Market Position Changes:** - **Stock Performance:** Trading on NASDAQ Capital Market under the symbol "GRNQ." - **Shareholder Base:** Approximately 190 record holders as of April 9, 2025. **Earnings per Share:** - **Basic and Diluted:** -$0.09 for 2024, $0.14 for 2023. **Executive Compensation:** - **CEO and CFO:** Each received $325,000 in 2024 and 2023. **Corporate Governance:** - **Board Composition:** Includes independent directors and committees for audit, compensation, and corporate governance. - **Compliance:** Adherence to NASDAQ and SEC regulations. **Related Party Transactions:** - **Significant Transactions:** Involves related parties, primarily subsidiaries and key personnel. - **Disclosure:** Comprehensive disclosure of related party transactions and their impact on financial statements. **Intellectual Property:** - **Trademarks:** Six trademarks registered under Greenpro Resources (HK) Limited. - **Protection:** Reliance on trade secrets and unpatentable know-how, protected by confidentiality agreements. **Government Regulation:** - **Compliance:** Adherence to local regulations in Hong Kong, China, and Malaysia. - **Insurance:** Plans to obtain property, business interruption, and casualty insurance. **Seasonality:** - **Impact:** No significant seasonal aspects affecting financial condition or results of operations. **Employees:** - **Total:** 48 employees as of April 9, 2025. - **Contributions:** Mandatory contributions to EPF, MPF, and Social Insurance Schemes. **Future Development Plan:** - **Security Token Offering:** Focus on Shariah-compliant investment opportunities. - **Expansion:** Corporate finance services, digital banking, and strategic partnerships. **Dividend Policy:** - **Declaration:** No dividends declared or paid since formation. - **Future Policy:** Declaration at the discretion of the board, depending on financial condition and capital requirements.