Agape ATP Corporation reported a revenue increase of approximately 15.2% for the fiscal year ending December 31, 2025, generating $1.5 million compared to $1.3 million in the previous year. Despite this growth in revenue, the company recorded a net loss of $2.3 million, a slight improvement from the $2.5 million loss reported in 2024. The gross profit for the year was approximately $838,270, reflecting a gross margin of 55%, down from 57.4% in the prior year. The decrease in gross margin was attributed to lower profitability in the green energy segment and inventory write-offs.
The company experienced significant shifts in its revenue streams, with a notable decline in its network marketing business, which fell by 48% to $71,276. Conversely, revenue from wellness and wellbeing lifestyle operations surged by nearly 949%, reaching $231,721, driven by a digital marketing campaign promoting skincare and healthcare products. The green energy segment also saw a substantial increase of 227%, contributing $139,727 to total revenue. These strategic shifts reflect Agape's focus on diversifying its income sources and adapting to market demands.
Operationally, Agape ATP Corporation reported a total of 128,666 members and distributors as of December 31, 2025, with 56,465 distributors and 72,201 members. The company has been actively expanding its geographic footprint and product offerings, including the establishment of new subsidiaries focused on wellness and renewable energy. The employee headcount remained stable at 18, with plans to enhance internal controls and financial reporting processes in response to identified weaknesses in its internal control systems.
Looking ahead, Agape ATP Corporation aims to continue its growth trajectory by leveraging its diversified product lines and expanding its market presence. The company has acknowledged the need for improved internal controls and plans to engage external consultants to strengthen its financial reporting processes. Despite the challenges faced, including a competitive market landscape and reliance on key suppliers, Agape remains committed to enhancing its operational efficiency and exploring new business opportunities in the health and wellness sector.
About Agape ATP Corp
Agape ATP Corporation operates in the health and wellness industry, primarily in Malaysia, offering health supplements and wellness programs focused on cellular health, detoxification, and anti-aging. Its key products include the ATP Zeta Health Program and E.A.T.S. series, distributed via a direct-selling network and supported by advisory services. The company leverages a multi-level marketing model targeting health-conscious consumers and distributors, emphasizing product quality, education, and community wellness promotion.
About 10-K Filings
A 10-K form is a comprehensive annual report that public companies in the United States must file with the SEC, providing a detailed overview of the company's financial condition, performance, and business strategies.
Key points about the 10-K:
- Frequency: Filed annually, typically within 60 to 90 days after the end of the company's fiscal year.
-
Content: It includes:
- Detailed financial statements audited by an independent accounting firm
- Management's Discussion and Analysis (MD&A) of financial condition and results
- Description of the company's business, properties, and legal proceedings
- Risk factors and market risks
- Executive compensation and corporate governance information
- Importance: Considered the most comprehensive and important document a public company files with the SEC.
- Length: Often exceeds 100 pages due to its extensive and detailed nature.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.