Holistic Asset Finance Group Reports 558% Revenue Growth but Net Loss in Q1 2025

Holistic Asset Finance Group Co., Ltd. reported significant changes in its financial performance for the first quarter of 2025 compared to the same period in 2024. The company generated revenue of $263,638, a substantial increase from $40,197 in the prior year, marking a growth of approximately 558%. However, the cost of revenue also rose sharply to $225,287 from $3,172, resulting in a gross profit of $38,351, which is slightly higher than the $37,025 reported in the previous year. The company recorded a net loss of $12,802 for the quarter, a decline from a profit of $3,386 in the first quarter of 2024.

The financial statements indicate a notable shift in the company's operational dynamics. Total current assets decreased significantly to $4,020 from $29,161 at the end of 2024, primarily due to a reduction in cash and cash equivalents, which fell to $2,185 from $17,409. Current liabilities also saw a decrease, dropping to $245,351 from $257,753. The company's shareholders' deficit widened to $240,779 from $227,823, reflecting the impact of the net loss during the quarter.

In terms of strategic developments, Holistic Asset Finance Group continues to focus on its core business of selling Australian-branded nutrition, health, and wellness products, alongside providing digital marketing services through its subsidiary, Wombat Australia Holdings Pty Ltd. The company has maintained its organizational structure, with no significant acquisitions or changes reported during this quarter. The company’s revenue is primarily derived from service revenue, which accounted for $263,638, while product sales were minimal at $546.

Operationally, the company reported a weighted average of 70,928,185 shares outstanding, consistent with the previous year. The geographic distribution of revenue indicates that Hong Kong was the largest market, contributing $238,157, followed by Taiwan at $14,995 and Singapore at $10,486. The company’s engagement metrics suggest a growing customer base, although specific user statistics were not disclosed in the filing.

Looking ahead, Holistic Asset Finance Group has not provided explicit forward-looking statements regarding its financial outlook. However, the significant increase in revenue suggests potential for continued growth, contingent on market conditions and the successful execution of its business strategies. The company remains focused on enhancing its product offerings and expanding its market presence in Asia, which may influence its financial performance in the upcoming quarters.