Holistic Asset Finance Group Co., Ltd. reported significant financial improvements for the first quarter of 2026, with revenues reaching $1,017,548, a substantial increase from $263,638 in the same period of 2025. This represents a growth of approximately 286%, driven primarily by a notable rise in service revenue, which accounted for $772,652 of total revenue, compared to $263,638 in the previous year. The company's gross profit also improved, totaling $129,297, compared to $38,351 in the prior year, reflecting a gross margin increase as the cost of revenue rose to $888,251 from $225,287.

The company’s operational performance showed a marked turnaround, with a profit from operations of $73,098, compared to a loss of $15,255 in the first quarter of 2025. After accounting for income tax expenses of $41,028, Holistic Asset Finance reported a net profit of $44,951, a significant recovery from a net loss of $12,802 in the same quarter last year. This positive shift in profitability is attributed to the successful execution of its marketing services and export trading activities, particularly in markets such as Singapore and Taiwan, which contributed $826,536 and $191,012 to revenue, respectively.

In terms of operational metrics, the company has seen an increase in customer engagement, with a rise in accounts receivable to $949,034, indicating a growing customer base and demand for its services. The total current assets surged to $969,733 from $24,376 at the end of 2025, while total liabilities increased to $1,287,621 from $400,013, primarily due to higher accounts payable and amounts due to related parties. The company’s shareholders’ deficit improved to $(317,888) from $(362,282), reflecting the positive net income for the quarter.

Strategically, Holistic Asset Finance has maintained its focus on expanding its service offerings and geographic reach. The company continues to operate through its wholly-owned subsidiary, Wombat Australia Holdings Pty Ltd, which has been integral in driving its marketing and export trading activities. The company has not reported any significant acquisitions or organizational changes during this period, but it remains committed to enhancing its service capabilities and market presence.

Looking ahead, Holistic Asset Finance Group Co., Ltd. expresses optimism about sustaining its growth trajectory, driven by increased demand for its marketing services and export trading activities. The company aims to leverage its recent financial performance to further invest in operational efficiencies and expand its market share in existing and new territories. The management remains cautious of market conditions but is confident in its strategic direction and the potential for continued revenue growth in the upcoming quarters.

About Holistic Asset Finance Group Co., Ltd.

Legend Media, Inc. specializes in selling advertising space across radio channels and airline magazines in China. Its core business involves acquiring exclusive rights to manage and sell advertising inventory targeting affluent consumers through media assets like radio and airline publications. The company focuses on lifestyle indicators such as car ownership and travel, serving national and regional brands in a rapidly growing Chinese advertising market.

This description was generated via AI from an annual report. Updated 8 months ago.

About 10-Q Filings

A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.

Key points about the 10-Q:

  • Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
  • Content: It includes:
    • Financial statements showing the company's current financial position
    • Updates from management on the performance and projections of the business
    • Information about potential risks the company faces
    • Details on how the company is run internally
  • Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.

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:

  1. Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
  2. AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
  3. Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
  4. Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
  5. Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Read more about AssetRoom

Feedback & Corrections

Spot an error or have a suggestion? Contact us.