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NASDAQ · SERVICES-PREPACKAGED SOFTWARE

Wellchange Holdings Co. Ltd. WCT

4 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.3M
▼ 41.6% YoY
$-7.3M

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

In brief

What this company does

Since its inception, Wching HK has been specializing in offering custom software solutions, cloud-based software-as-a-service (“SaaS”) platforms, and white-label software design and development services. We are an enterprise software solution services provider headquartered in Hong Kong. We conduct all operations in Hong Kong through our Operating Subsidiary, Wching HK. We provide customized software solutions, cloud-based software-as-a-service (“SaaS”) platforms, and “white-label” software design and development services. The principal market we operate in is Hong Kong. We offer comprehensive, integrated, scalable, and one-stop enterprise software solutions customized to the needs of SMBs. Leveraging our software solution customization and development experience, combined with the launch of our proprietary cloud-based SaaS platform MR. CLOUD, we became a one-stop software technology solutions provider for SMBs to manage their customer relationships and enterprise resources. We are exclusively focused on providing services to SMBs with ERP and CRM solutions customized to help them meet their specific needs.

Written from the business description in Wellchange Holdings Company Limited's annual report to the U.S. Securities and Exchange Commission, filed 14 May 2026. Every sentence was checked against that document before publication.

Growth

USD 1.3M
Revenue, FY2025 · full 4-year series below
Revenue $M Net income $M
FY2025 · Revenue 1.3 · Net income -7.3
1M2M-3M-6M
20222025
Compound annual growth
−6.9%
3 yrs
5 yrs
10 yrs
15 yrs

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

−543 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -469.1% · Net -543.2%
-200%-400%
202220232025
ROE
FY2025 · ROE -91.2%
50%-50%
202220232025
Three returns, three denominators.

Each USD of equity lost 91 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2023 · FCF 0.8
0.5M1.0M
202220232025

Total assetsUSD 13.6M
EquityUSD 11.2M
CashUSD 2.8M
Gross debtUSD 831,894.00
Net debtUSD -2.0M
Current ratio4.59×

The company holds more cash than debt.

The 4-year record

4 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—not applicable◌not available in our data
WCT, 4-year financial record
Metric 2025202420232022
Revenue $B0.00.00.00.0
Operating income $B−0.0−0.00.00.0
EBITDA $B−0.0−0.00.00.0
Income tax $B0.0−0.00.00.0
Net income $B−0.0−0.00.00.0
Free cash flow $B◌◌0.00.0
EPS, diluted $−4.73−1.062.340.04
Dividend / sh $◌◌◌◌
Payout % — not applicable: no dividend————
ROE %−91.2−12.566.896.1
Shares out B◌0.020.02◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 18 reconciliationsAUDITED

Reconciled in 4 of the 4 fiscal years we could check. 32 checks were skipped: the balance sheet is not tagged before 2023. 15 checks were skipped: EPS is not tagged before 2022. 15 checks were skipped: revenue is not tagged before 2022.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2022

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