FY2025 · ended Dec 31, 2025 · Revenue $4.47M, -78.8% YoY · Filed Mar 31, 2026
Alset Inc. (AEI) files with the SEC under industry code 6500, Real Estate. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $4.5 million and a net loss of $47.4 million. Free cash flow was -$6.1 million. As of Jun 30, 2026 it held $12.3 million in cash and investments and $731,842 in total debt.
Revenue (TTM)
$4.27M
-73.4% vs year-ago TTM
Net income (TTM)
$-40.65M
-224.9% vs year-ago TTM
Operating cash flow (TTM)
$-8.72M
-286.5% vs year-ago TTM
Free cash flow (TTM)
$-8.84M
-298.0% vs year-ago TTM
EPS (TTM)
$-1.16
+5.7% vs year-ago TTM
Dividend per share
None
Shares outstanding
38.90M
+262.3% vs prior year
Net cash
$11.59M
as of Jun 30, 2026
Operating margin
-302.1%
FY 2026
Company profile
- Industry
- Real Estate (SIC 6500)
- Listed as
- AEI (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- TX
- Headquarters
- Bethesda, MD
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1750106
- Former names
- Alset EHome International Inc. (until Oct 4, 2022); HF Enterprises Inc. (until Feb 4, 2021)
Other Real Estate companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $4.5M | $21.1M | $22.1M | $4.5M | $19.8M |
| Operating income | -$15.2M | -$4.1M | -$2.9M | -$7.1M | -$15.0M |
| Net income | -$47.4M | -$4.0M | -$58.9M | — | -$119.0M |
| Diluted EPS | -$2.22 | -$0.43 | -$6.52 | — | — |
| Operating cash flow | -$5.9M | $5.2M | $7.5M | -$31.9M | -$16.7M |
| Free cash flow | -$6.1M | $5.1M | $7.4M | -$32.5M | -$16.9M |
| Total assets | $136.6M | $96.8M | $126.3M | $153.5M | $184.2M |
| Total liabilities | $6.9M | $6.6M | $9.1M | $4.8M | $13.9M |
| Stockholders' equity | $121.1M | $81.3M | $88.2M | $137.7M | $148.4M |
| Cash and investments | $25.2M | $27.2M | $26.9M | $17.8M | $56.1M |
| Total debt | $910,951 | $1.6M | $1.7M | $1.8M | $855,468 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Listing notice
|
Oct 30, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Material agreement
|
Sep 21, 2026 | Sep 15, 2026 |
| 10-Q | Quarterly report | Aug 14, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Material agreement
|
Jun 25, 2026 | Jun 23, 2026 |
| 10-Q | Quarterly report | May 14, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Material agreement, Agreement ended
|
May 7, 2026 | May 6, 2026 |
All 346 Alset Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.