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MARKETS / NASDAQ / AEI
NASDAQ · REAL ESTATE · SMALL CAP

Alset Inc. AEI

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$4.5M
▼ 78.8% YoY
$-47.4M
$-6.1M
▼ 220.8% YoY
In brief

What this company does

We are a diversified holding company principally engaged through our subsidiaries in the development of EHome communities and other real estate, financial services, digital transformation technologies, biohealth activities and consumer products with operations in the United States, Singapore, Hong Kong, Australia, Republic of Korea and the People’s Republic of China. We manage our three principal businesses primarily through our 85.8% owned subsidiary, Alset International Limited (“Alset International”), a public company traded on the Singapore Stock Exchange. In our digital transformation technology segment, we focus on serving business-to-business (B2B) needs in e-commerce, collaboration and social networking functions. We also have ownership interests outside of Alset International, including a 36.9% equity interest in American Pacific Financial, Inc., a 43.6% equity interest in DSS Inc. (“DSS”), an indirect 45.8% equity interest in Value Exchange International, Inc., a 29.0% equity interest in Sharing Services Global Corporation, and a 41.5% equity interest in New Energy Asia Pacific Company Limited. The Company has four operating segments based on the products and services we offer, which include three of our principal businesses – real estate, digital transformation technology and biohealth – as well as a fourth category consisting of certain other business activities.

Written from the business description in Alset Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth
USD 4.5M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 4.5 · Net income -47.4
10M20M-40M-80M2019202020212022202320242025
Compound annual growth
−0.1%
−22.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −22.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−1104 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -338.9% · Net -1103.8%
-500%-1000%2019202020212022202320242025
ROE
FY2025 · ROE -46.9%
-50%-100%2019202020212022202320242025

Each USD of equity lost 47 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -6.1
2.5M5.0M-20.0M2019202020212022202320242025
Net buybacks $M Dividends $M
FY2024 · Dividends — · Net buybacks 21.1
8M16M2024

Total assetsUSD 136.6M
EquityUSD 121.1M
CashUSD 25.2M
Gross debtUSD 949,688.00
Net debtUSD -24.2M
Current ratio7.63×

The company holds more cash than debt.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.00.00.0·0.00.00.0
Net income $B−0.0−0.0−0.1−0.0−0.1−0.0−0.0
Free cash flow $B−0.00.00.0−0.0−0.00.00.0
EPS, diluted $−2.22−0.43−6.52−6.22−3.69−0.38−0.52
Dividend / sh $·······
Payout %·······
ROE %−46.9−4.7−52.2−28.3−114.2−13.6−52.8
Shares out B0.040.010.010.010.000.010.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 35 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 60 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityReal Estate
Listed onNASDAQ
Incorporated inTexas
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2019

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