HWH International Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 11/30/23 | FY 12/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $866,926 | $1.3M | $1,184 | — | — |
| Cost of revenue | $407,199 | $651,721 | $334,825 | — | — |
| Gross profit | $459,727 | $601,856 | $495,694 | — | — |
| Operating expenses | $3.6M | $3.2M | $3.4M | $1.2M | — |
| Interest expense | $52,242 | $72,076 | — | — | — |
| Pretax income | -$2.6M | -$2.8M | -$661,279 | $971,103 | — |
| Income tax expense | $47,472 | — | $415,383 | $422,230 | — |
| Net income | -$2.6M | -$2.7M | -$1.1M | $548,873 | — |
| Balance Sheet | |||||
| Cash and equivalents | $2.1M | $4.3M | $1.2M | — | — |
| Current assets | $3.0M | $5.5M | $1.3M | $703,154 | — |
| Total assets | $4.6M | $6.4M | $23.7M | $22.0M | — |
| Current liabilities | $1.3M | $3.3M | $6.0M | $837,575 | — |
| Total liabilities | — | — | — | $3.9M | — |
| Stockholders' equity | $2.6M | $2.8M | -$3.6M | -$2.4M | -$1.4M |
| Cash Flow Statement | |||||
| Cash from operations | -$1.8M | -$1.8M | -$2.6M | -$1.5M | — |
| Depreciation and amortization | $19,494 | $48,172 | $58,006 | — | — |
| Stock-based compensation | $1.6M | — | — | — | — |
| Capital expenditure | $19,464 | $30,394 | $14,574 | — | — |
| Free cash flow | -$1.8M | -$1.8M | -$2.6M | — | — |
| Share repurchases | — | $21.1M | $68.4M | $68.4M | — |
| Impairments | $116,648 | $323,864 | $0 | — | — |
Shares outstanding 7.5M · Free float 5.2%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.