Able View Global Inc.
ABLV Nasdaq Retail-Nonstore Retailers Financials FY2021–FY2025
What Able View Global Inc. does
No business description yet.
- Legal name
- Able View Global Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 27, 2026
- Accession · CIK
- 0001213900-26-048085
0001957489
Revenue and margins
Able View Global Inc. had $105M of revenue in fiscal 2025, down 17.0% on the year before.
Net income and earnings per share
From fiscal 2021 to 2025, diluted EPS grew −45.7% a year. Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $1.2M in fiscal 2025, 1.1% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Able View Global Inc. returned $0.1M to shareholders in fiscal 2025, 5% of free cash flow. The diluted share count rose 16.0%.
Balance sheet
Cash, debt and the ratios that show how comfortably Able View Global Inc. can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $6.7M | $5.8M | $13.3M | $15.2M | $9.0M |
| Debt incl. finance leases | — | $15.7M | $2.9M | $10.2M | $11.4M |
| Net debt / EBITDA | — | 1.0x | −0.9x | — | — |
| Debt / equity | — | 6.5x | 0.3x | 1.4x | 1.5x |
| Interest coverage | — | 16.6x | 13.6x | −0.5x | −0.7x |
| Current ratio | — | 1.7x | 3.1x | 2.3x | 1.6x |
| Quick ratio | — | 1.1x | 2.0x | 1.9x | 1.5x |
| Total assets | — | $54.6M | $54.9M | $47.6M | $34.6M |
| Total liabilities | — | $49.1M | $43.5M | $40.5M | $26.8M |
| Shareholders' equity | $9.0M | $2.4M | $8.3M | $7.1M | $7.8M |
| Net debt (− = net cash) | — | $9.9M | −$10.4M | −$5.0M | $2.4M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. “Plan” marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income is positive | ✓ | ✓ | ✓ | ✕ | ✓ |
| Cash from operations is positive | ✕ | ✕ | ✓ | ✕ | ✓ |
| Return on assets rose | — | — | ✓ | ✕ | ✓ |
| Cash from operations exceeds net income | ✕ | ✕ | ✓ | ✓ | ✓ |
| Debt fell relative to assets | — | — | ✓ | ✕ | ✕ |
| Current ratio rose | — | — | ✓ | ✕ | ✕ |
| Share count didn't rise | — | ✓ | ✕ | ✕ | ✕ |
| Gross margin rose | — | ✕ | ✓ | ✕ | ✕ |
| Revenue rose relative to assets | — | — | ✕ | ✓ | ✓ |
| F-score | — / 3 | — / 5 | 7 / 9 | 2 / 9 | 5 / 9 |
| Accruals ratio | — | 38.0% | −25.2% | −10.1% | −0.9% |
| Altman Z'' | — | 3.87 | 6.08 | 3.44 | 2.77 |
5 years of figures
Amounts in USD. Hover a ratio’s name for its definition.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | $117M | $145M | $129M | $127M | $105M |
| Gross profit | $26.4M | $32.5M | $30.3M | $14.5M | $11.9M |
| Operating income | $11.1M | $10.1M | $11.3M | −$0.2M | −$0.5M |
| Interest expense | — | $0.6M | $0.8M | $0.4M | $0.7M |
| Pretax income | $10.1M | $9.4M | $9.7M | −$0.9M | −$0.7M |
| Income tax | $1.4M | $1.5M | $0.3M | $0.2M | $2.1M |
| Net income | $8.7M | $7.9M | $9.8M | −$7.4M | $0.8M |
| Net income to common | $8.7M | $7.6M | $9.4M | −$7.4M | $0.8M |
| Diluted EPS | $0.23 | $0.20 | $0.24 | −$0.17 | $0.02 |
| Diluted shares | 0.04B | 0.04B | 0.04B | 0.04B | 0.05B |
| Cash flow | |||||
| Cash from operations | −$1.9M | −$12.8M | $23.6M | −$2.2M | $1.2M |
| Capital expenditure | $0.2M | $0.2M | $0.1M | $0.1M | $0.0M |
| Free cash flow | −$2.1M | −$13.0M | $23.5M | −$2.3M | $1.2M |
| Depreciation and amortization | $0.1M | $0.1M | $0.2M | $0.1M | $0.1M |
| Share buybacks | — | — | $0.4M | $0.9M | — |
| Dividends paid | $2.6M | $6.9M | $0.1M | $0.1M | $0.1M |
| Dividends and buybacks | $2.6M | $6.9M | $0.5M | $0.9M | $0.1M |
| Balance sheet | |||||
| Cash and short-term investments | $6.7M | $5.8M | $13.3M | $15.2M | $9.0M |
| Total debt | — | $15.7M | $2.9M | $10.2M | $11.4M |
| Current assets | — | $52.1M | $48.5M | $40.3M | $32.1M |
| Current liabilities | — | $30.7M | $15.7M | $17.4M | $19.8M |
| Inventory | — | $18.7M | $17.4M | $6.3M | $3.3M |
| Property and equipment, net | — | $0.4M | $0.7M | $0.1M | $0.1M |
| Total assets | — | $54.6M | $54.9M | $47.6M | $34.6M |
| Total liabilities | — | $49.1M | $43.5M | $40.5M | $26.8M |
| Shareholders' equity | $9.0M | $2.4M | $8.3M | $7.1M | $7.8M |
| Margins | |||||
| Gross margin | 22.5% | 22.4% | 23.5% | 11.4% | 11.3% |
| Operating margin | 9.5% | 7.0% | 8.8% | −0.2% | −0.5% |
| EBITDA margin | 9.6% | 7.1% | 8.9% | −0.1% | −0.4% |
| Net margin | 7.4% | 5.4% | 7.5% | −5.9% | 0.8% |
| FCF margin | −1.8% | −9.0% | 18.2% | −1.8% | 1.1% |
| Returns | |||||
| Return on capital | — | 69.5% | — | −7.9% | −3.8% |
| Return on capital employed | — | 42.4% | 28.9% | −0.7% | −3.3% |
| Return on equity | 96.3% | 138.3% | 181.6% | −96.1% | 11.0% |
| Return on assets | — | 14.5% | 17.8% | −14.5% | 2.0% |
| Return on tangible equity | 96.3% | 319.2% | 113.1% | −104.6% | 10.6% |
| Growth | |||||
| Revenue growth | — | 23.8% | −11.0% | −1.9% | −17.0% |
| Net income growth | — | −9.1% | 23.4% | −176.1% | — |
| EPS growth | — | −13.0% | 20.0% | −170.8% | — |
| FCF growth | — | — | — | −109.8% | — |
| Share count change | — | 0.0% | 4.6% | 7.9% | 16.0% |
| Financial health | |||||
| Net debt / EBITDA | — | 1.0x | −0.9x | — | — |
| Debt / equity | — | 6.5x | 0.3x | 1.4x | 1.5x |
| Interest coverage | — | 16.6x | 13.6x | −0.5x | −0.7x |
| Current ratio | — | 1.7x | 3.1x | 2.3x | 1.6x |
| Quick ratio | — | 1.1x | 2.0x | 1.9x | 1.5x |
| Capital allocation | |||||
| Capex / revenue | 0.1% | 0.1% | 0.1% | 0.1% | 0.0% |
| Payouts / FCF | — | — | 2.1% | — | 4.9% |
| Quality scores | |||||
| Piotroski F-score | — | — | 7.0 | 2.0 | 5.0 |
| Altman Z'' | — | 3.9 | 6.1 | 3.4 | 2.8 |
| Accruals ratio | — | 38.0% | −25.2% | −10.1% | −0.9% |
Source: SEC EDGAR XBRL filings (CIK 0001957489). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.