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MARKETS / BALCAO / KRFG
BALCAO · SERVICES-MISCELLANEOUS BUSINESS SERVICES · SMALL CAP

King Resources, Inc. KRFG

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$830,662
▲ 979.9% YoY
$-2.2M
▼ 212.1% YoY
$-166,113
In brief

What this company does

Heavenly Grace Limited (“Heaven Grace”), our primary operating subsidiary, is engaged in the arts and collectibles business. Heavenly Grace commenced operations in Hong Kong in April 2025 and operates both an online and physical arts and collectibles trading business. Heavenly Grace utilizes blockchain and NFT technologies to create title documentation and a transparent ledger for each artwork or collectible to enhance the overall experience of each collector in order to facilitate sale transaction logistics. We purchase collectibles at a discount from market value as determined in accordance with valuations performed by market recognized valuation experts. We then sell the collectibles at or over market valuation price either through our online trading platform or through third-party auction houses. We are not a Chinese operating company but a Delaware holding company with operations conducted through our wholly owned subsidiaries based in British Virgin Islands and Hong Kong.

Written from the business description in King Resources, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 23 July 2026. Every sentence was checked against that document before publication.

Growth
USD 830,662.00
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 0.8 · Net income -2.2
0.8M1.6M-0.8M-1.6M202020212022202320242025
Compound annual growth
+61.1%
+60.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +60.7% 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
−263 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -262.9% · Net -262.9%
1000%2000%-1000%-2000%202020212022202320242025
ROE

Not applicable: equity was negative in this period, so return on equity has no meaning.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $
FY2025 · FCF -166113.0
4000080000-80000-160000202020212022202320242025

Total assetsUSD 280,216.00
EquityUSD -1.2M
CashUSD 8,789.00
Current ratio0.19×

Equity funds -423% of total assets.

The 6-year record
6 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 202520242023202220212020
Revenue $B0.00.00.00.00.00.0
Operating income $B−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
Income tax $B0.00.00.00.00.00.0
Net income $B−0.00.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0··0.0−0.0
EPS, diluted $−0.103.230.000.000.000.00
Dividend / sh $······
Payout %······
ROE %······
Shares out B0.010.005.635.484.814.81

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 26 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 69 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Miscellaneous Business Services
Listed onOTC market
Incorporated inDelaware
Fiscal year endsMarch 31
SEC categorysmaller reporting company
Data on record since2020

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