Alset Inc.
AEI Nasdaq· Real Estate
Last close · Oct 26, 2026
$0.59
KIRA · Stoqly’s AI analyst, in plain words
- Alset Inc. had $4.5M of revenue in fiscal 2025, up 893.5% on the year before. Over five years, revenue changed −22.7% a year on average.
- Its operating margin was −338.9%, up 576.0 pts: of every 100 in sales, about −339 is left after running the business.
- Alset Inc. lost $47.4M in fiscal 2025.
- Free cash flow was −$6.1M in fiscal 2025, −136.5% of revenue.
Market cap
$22.9M
P/E
—
Revenue
$4.5M
Net income
−$47.4M
Free cash flow
−$6.1M
Operating margin
−338.9%
Alset Inc. in 30 seconds · fiscal 2025
Are sales growing?
+893.5%
Yes. Sales grew 893.5% last year.
Does it make a profit?
−1,060.5%
No. It lost money last year.
Does profit turn into cash?
−136.5%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 8
Weak. It passes 2 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Alset Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 31, 2026
- Legal name
- Alset Inc.
- CIK
- 0001750106
Alset Inc. · AEI
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $19.8M | $4.5M | $22.1M | $0.5M | $4.5M |
| Revenue growth | 21.9% | −77.4% | 393.0% | −98.0% | 893.5% |
| Gross margin | 42.9% | 16.7% | 34.0% | 1,851.8% | 27.9% |
| Operating margin | −75.7% | −158.2% | −13.0% | −914.9% | −338.9% |
| Net income | −$119M | −$40.5M | −$58.9M | −$4.0M | −$47.4M |
| Net margin | −601.1% | −903.7% | −266.9% | −881.3% | −1,060.5% |
| Diluted EPS | −$3.69 | −$6.22 | −$6.52 | −$0.43 | −$2.22 |
| Cash | |||||
| Cash from operations | −$16.7M | −$31.9M | $7.5M | $5.2M | −$5.9M |
| Capital expenditure | $0.2M | $0.6M | $0.0M | $0.1M | $0.2M |
| Free cash flow | −$16.9M | −$32.5M | $7.4M | $5.1M | −$6.1M |
| FCF margin | −85.4% | −724.4% | 33.7% | 1,123.0% | −136.5% |
| Share buybacks | — | — | — | $21.1M | — |
| Share count change | 235.0% | −76.7% | 38.8% | 2.1% | 131.3% |
| Debt and strength | |||||
| Cash and short-term investments | $60.8M | $17.8M | $26.9M | $27.2M | $25.2M |
| Debt incl. finance leases | — | — | $0.2M | $0.1M | — |
| Shareholders' equity | $148M | $138M | $88.2M | $81.3M | $121M |
| Current ratio | 10.5x | 29.4x | 6.8x | 10.9x | 7.5x |
| Interest coverage | −47.3x | −3,731.3x | −718.2x | −36.7x | −278.0x |
| Returns and quality | |||||
| Return on capital | — | — | −3.7% | −6.0% | — |
| Return on equity | −114.2% | −28.3% | −52.2% | −4.7% | −46.9% |
| Return on tangible equity | −69.6% | −29.4% | −66.9% | −4.9% | −39.2% |
| Piotroski F-score | 3 | 4 | 4 | 5 | 2 |
| Altman Z'' | 12.6 | 29.6 | 6.1 | 7.9 | 12.3 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Alset Inc. · AEI
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $0.59 a share, the company is worth $22.9M.
Source: SEC EDGAR XBRL filings (CIK 0001750106). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.