AsiaStrategy income statement SORA

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, AsiaStrategy reported revenue of $11.0 million, down 37.7% from the year before. Net income was $12.3 million, a profit margin of 111.9%. The operating loss came to $1.6 million, an operating margin of -14.3%. Diluted earnings per share were $0.50.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
Revenue
11
-37.7%
18
Cost of revenue
11
-34.6%
16
Gross profit
0
-73.1%
1
Selling, general and administrative
2
+64.7%
1
Operating expenses
2
+64.7%
1
Operating income
-2
-790.0%
0
Interest income
0
+6978.9%
0
Other non-operating income (expense)
-0
—
Other income (expense)
14
+5123.9%
-0
Pretax income
12
+24597.0%
-0
Income tax
0
+1947.2%
-0
Net income
12
+29218.8%
-0
Basic EPS
0.51
+25510.0%
-0.00
Diluted EPS
0.50
+25155.0%
-0.00
Weighted average shares, basic
24
+17.2%
21
Weighted average shares, diluted
25
+19.5%
21
Other measures
Depreciation and amortization
0
+28.3%
0
EBITDA
-2
-785.7%
0
Interest coverage
-5.32x
0.81x
Margins
Gross margin
3.47%
8.04%
Operating margin
-14.35%
1.30%
Pretax margin
113.36%
-0.29%
Profit margin
111.91%
-0.24%
EBITDA margin
-14.33%
1.30%
Effective tax rate
1.28%
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

Company profile

Industry
Wholesale-Jewelry, Watches, Precious Stones & Metals (SIC 5094)
Listed as
SORA (Nasdaq)
Incorporated in
Cayman Islands
Headquarters
Hong Kong
SEC filer status
Non-accelerated filer, Emerging growth company
SEC CIK
2033515
Former names
Top Win International Ltd (until Aug 22, 2025)

Source: SEC EDGAR filings. This is company-reported data, not investment advice.