Thu, May 15, 8:18 PM (39 days ago)
**HWH International Inc. (HWH) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $295,197 (up from $286,110 in Q1 2024). - **Net Loss:** $574,103 (improved from $1,336,519 in Q1 2024). - **Gross Profit:** $147,594 (down from $163,297 in Q1 2024). - **Operating Expenses:** $741,722 (down from $1,495,383 in Q1 2024). - **Cash Flow:** Net cash used in operating activities was $555,333 (improved from $638,211 in Q1 2024). **Key Metrics:** - **Cash Position:** $4,176,546 (down from $4,341,746 at the end of 2024). - **Total Assets:** $6,531,330 (up from $6,408,722 at the end of 2024). - **Total Liabilities:** $2,835,738 (down from $3,531,523 at the end of 2024). **Operational Highlights:** - **Revenue Growth:** Driven by increased F&B business in Singapore following the opening of a new café in April 2024. - **Expense Reduction:** Significant decrease in general and administrative expenses, primarily due to reduced professional fees. - **Foreign Exchange Gains:** Positive impact from foreign exchange transaction gains. **Future Operations and Uncertainties:** - **Expansion Plans:** HWH aims to expand its Hapi Cafés and Hapi Marketplace, with plans to add more locations over the next two years. - **Financial Support:** The company has a credit facility with Alset Inc., providing up to $1,000,000 in credit, with $700,000 available as of March 31, 2025. - **Market Risks:** The company faces challenges in improving revenue through cross-selling and revenue-sharing arrangements, identifying complementary businesses for acquisition, and controlling operating expenses as it expands. **Stock Performance:** - **Nasdaq Compliance:** HWH has regained compliance with Nasdaq Listing Rule 5550(a)(2), maintaining a minimum bid price of $1.00 per share. - **Reverse Stock Split:** A 1-for-5 reverse stock split was effectuated on February 24, 2025, to meet Nasdaq's minimum bid price requirement. **Conclusion:** HWH International Inc. showed improved financial performance in Q1 2025, with increased revenue and reduced net loss compared to the same period in 2024. The company is focused on expanding its F&B business and Hapi Marketplace, while managing operational expenses and securing financial support for future growth. However, it faces challenges in revenue generation and market risks that could impact its financial results.