Alset reported revenue of $0.99M and net income of -$6.59M for the quarter ended Jun 2026, down 10.0% year over year. This income statement covers 28 quarters of results from Sep 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||
| Revenue | 4.80M | 2.85M | 1.95M | 0.93M | 0.72M | 0.88M | 0.93M | 19.15M | 0.99M | 1.02M | 6.09M | 1.13M | 4.96M | 8.94M | 1.07M | 1.10M | 1.00M | 1.30M | 0.99M | |||||||||
| Cost of RevenueCost of Rev | 2.20M | 2.79M | 1.11M | 0.55M | 0.81M | 1.25M | 0.69M | 11.74M | 0.58M | 1.57M | 4.66M | 0.83M | 2.95M | 4.34M | 0.78M | 1.02M | 0.76M | 0.84M | 0.90M | |||||||||
| Gross Profit | 2.59M | 0.06M | 0.84M | 0.38M | -0.09M | -0.37M | 0.24M | 7.42M | 0.41M | -0.55M | 1.43M | 0.30M | 2.01M | 4.60M | 0.29M | 0.08M | 0.24M | 0.46M | 0.08M | |||||||||
| Operating items | ||||||||||||||||||||||||||||
| Selling, General & AdministrativeSG&A | 2.54M | 10.02M | 2.49M | 2.03M | 1.98M | 1.34M | 2.33M | 2.31M | 2.49M | 2.41M | 3.25M | 2.80M | 2.22M | 2.57M | 3.60M | 2.78M | 2.25M | 6.21M | 1.86M | |||||||||
| Other Operating ExpensesOther Opex | 2.20M | 2.79M | 1.11M | 0.55M | 0.81M | 1.25M | 0.69M | 11.74M | 0.58M | 2.42M | 5.10M | 1.14M | 3.71M | 4.45M | 1.41M | 0.38M | 1.33M | 0.98M | 0.02M | |||||||||
| Operating ExpensesOpex | 4.74M | 12.82M | 3.61M | 2.58M | 2.79M | 2.59M | 3.02M | 14.04M | 3.07M | 4.83M | 8.35M | 3.94M | 5.92M | 7.02M | 5.00M | 3.85M | 3.58M | 7.19M | 2.78M | |||||||||
| Operating IncomeOp. Inc | 0.05M | -9.96M | -1.65M | -1.65M | -2.07M | -1.71M | -2.09M | 5.11M | -2.08M | -3.82M | -2.27M | -2.81M | -0.96M | 1.92M | -3.93M | -2.76M | -2.58M | -5.88M | -1.79M | |||||||||
| EBIT | 0.05M | -9.96M | -1.65M | -1.65M | -2.07M | -1.71M | -2.09M | 5.11M | -2.08M | -3.82M | -2.27M | -2.81M | -0.96M | 1.92M | -3.93M | -2.76M | -2.58M | -5.88M | -1.79M | |||||||||
| Non-operating items | ||||||||||||||||||||||||||||
| Non Operating Interest Expenses | -0.03M | 0.41M | -0.45M | -0.00M | 887.00 | 0.02M | 0.09M | 0.22M | -0.15M | 0.05M | 0.03M | 0.03M | -0.42M | 0.00M | ||||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | -0.02M | -210.00 | 0.38M | -0.02M | -10.00 | |||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.02M | 0.05M | 0.17M | 0.20M | -0.32M | 0.02M | 0.04M | 0.09M | ||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -0.58M | -0.48M | 1.28M | 2.08M | 0.35M | -1.46M | -0.79M | 1.15M | 0.72M | 0.47M | 1.19M | 0.85M | -3.67M | 4.67M | -1.41M | -4.83M | 1.45M | 7.56M | 0.35M | |||||||||
| Non Operating IncomeNon Op. Inc. | -8.13M | -16.20M | -6.05M | -8.33M | -11.16M | -13.58M | -2.23M | -10.92M | -14.90M | -30.25M | -5.05M | 1.66M | 2.43M | 1.06M | -5.53M | -6.09M | 4.55M | -26.70M | -4.03M | |||||||||
| Net income details | ||||||||||||||||||||||||||||
| EBT | -8.07M | -26.16M | -7.71M | -9.98M | -13.23M | -15.29M | -4.32M | -5.81M | -16.98M | -34.07M | -7.31M | -1.15M | 1.47M | 2.98M | -9.46M | -8.84M | 1.97M | -32.58M | -5.82M | |||||||||
| Tax ProvisionsTaxes | -0.01M | 0.09M | 0.22M | -0.15M | 0.05M | 0.05M | 0.04M | 0.00M | 0.38M | 0.02M | ||||||||||||||||||
| Profit After TaxPAT | -9.33M | -26.14M | -7.93M | -13.50M | -13.08M | -15.22M | -4.32M | -5.81M | -18.88M | -31.48M | -7.31M | -1.15M | 5.69M | -1.65M | -9.50M | -8.84M | 1.96M | -32.97M | -5.26M | -6.59M | ||||||||
| Equity Income | -2.52M | -2.48M | -3.44M | -2.92M | -0.17M | -0.81M | -0.27M | -10.56M | -4.57M | -13.19M | -1.12M | -0.86M | -0.59M | -0.67M | -0.63M | -0.68M | -0.65M | -0.17M | -0.10M | |||||||||
| Income from Non-Controlling InterestsInc. Minority | -1.35M | -2.67M | -1.46M | -2.29M | -1.37M | -1.17M | -0.47M | -0.01M | -1.01M | -0.85M | -0.54M | 0.09M | -0.25M | 0.50M | -1.17M | -0.62M | 0.45M | -0.60M | -0.57M | |||||||||
| Income from Continuing OperationsIncome (Continuing) | -8.07M | -26.25M | -7.93M | -9.98M | -13.08M | -15.29M | -4.32M | -5.81M | -17.03M | -34.12M | -7.31M | -1.15M | 1.47M | 2.98M | -9.50M | -8.84M | 1.96M | -32.97M | -5.84M | |||||||||
| Income from Discontinued OperationsIncome (Discontinued) | -0.06M | |||||||||||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -8.12M | -26.25M | -7.93M | -9.98M | -13.08M | -15.29M | -4.32M | -5.81M | -17.03M | -34.12M | -7.31M | -1.15M | 1.47M | 2.98M | -9.50M | -8.84M | 1.96M | -32.97M | -5.84M | |||||||||
| Income towards Parent CompanyParent Net Inc | -8.12M | -26.25M | -7.93M | -9.98M | -13.08M | -15.29M | -4.32M | -5.81M | -17.03M | -34.12M | -7.31M | -1.15M | 1.47M | 2.98M | -9.50M | -8.84M | 1.96M | -32.97M | -5.84M | |||||||||
| Net Income towards Common StockholdersNet Income | -7.11M | -23.32M | -6.47M | -8.99M | -11.71M | -13.32M | -3.86M | -5.81M | -16.01M | -34.12M | -7.31M | -1.15M | 1.47M | 2.98M | -9.50M | -8.84M | 1.96M | -32.97M | -5.84M | |||||||||
| Additional items | ||||||||||||||||||||||||||||
| EPS (Basic) | -3.74 | -16.67 | -1.30 | -1.46 | -1.58 | -2.05 | -0.46 | -0.63 | -1.73 | -3.77 | -0.79 | -0.12 | 0.16 | 0.32 | -0.89 | -0.76 | 0.06 | -1.54 | -0.15 | |||||||||
| EPS (Diluted) | -1.46 | -1.58 | -2.05 | -0.46 | -0.63 | -1.73 | -3.77 | -0.79 | -0.12 | 0.16 | 0.32 | -0.89 | -0.76 | 0.06 | -1.54 | -0.15 | ||||||||||||
| Shares Outstanding | 1.90M | 1.40M | 4.96M | 6.14M | 7.43M | 6.51M | 8.45M | 9.24M | 9.24M | 9.04M | 9.24M | 9.24M | 9.24M | 9.24M | 10.70M | 11.57M | 32.60M | 21.36M | 21.36M | 38.90M | ||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 6.14M | 7.43M | 6.51M | 8.45M | 9.24M | 9.24M | 9.04M | 9.24M | 9.24M | 9.24M | 9.24M | 10.70M | 11.57M | 32.60M | 21.36M | 21.36M | 38.90M | |||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 1.90M | 1.40M | 5.66M | 6.14M | 7.43M | 7.42M | 9.24M | 9.24M | 9.24M | 9.24M | 9.24M | 9.24M | 9.24M | 9.24M | 10.74M | 11.71M | 39.10M | 21.36M | 38.90M | |||||||||
| EBITDA | 0.05M | -9.96M | -1.65M | -1.65M | -2.07M | -1.71M | -2.09M | 5.11M | -2.08M | -3.82M | -2.27M | -2.81M | -0.96M | 1.92M | -3.93M | -2.76M | -2.58M | -5.88M | -1.79M | |||||||||
| Interest ExpensesInt Expense | -0.03M | 0.41M | -0.45M | -0.00M | 887.00 | 0.02M | 0.09M | 0.22M | -0.15M | 0.05M | 0.03M | 0.03M | -0.42M | 0.00M | ||||||||||||||
| Tax Rate | 0.07% | -0.33% | -2.88% | 1.16% | -0.27% | -0.14% | -0.45% | 0.23% | -1.18% | -0.41% |