Based on the provided financial report, the title of the article is: "Holistic Asset Finance Group Co., Ltd. Quarterly Report on Form 10-Q for the period ended March 31, 2025

Press release · 05/24/2025 07:10

Holistic Asset Finance Group Co., Ltd. reported its quarterly financial results for the period ended March 31, 2025. The company’s condensed consolidated balance sheet as of March 31, 2025, showed total assets of $[amount], total liabilities of $[amount], and total shareholders’ deficit of $[amount]. The company’s condensed consolidated statements of operations and comprehensive (loss)/income for the three months ended March 31, 2025, reported a net loss of $[amount], compared to a net loss of $[amount] for the same period in 2024. The company’s condensed consolidated statements of cash flows for the three months ended March 31, 2025, showed a net cash outflow of $[amount], compared to a net cash outflow of $[amount] for the same period in 2024. The company’s management’s discussion and analysis of financial condition and results of operations highlights the company’s financial performance and provides an overview of the company’s business and industry trends.

Overview

Holistic Asset Finance Group Co., Ltd. (HAFG) is a Nevada-based company that operates two main business lines through its subsidiary Wombat Australia Holdings Pty Ltd:

Digital Marketing and Video Production: The company offers professional social media digital marketing and video production services, focusing on the Singapore, Hong Kong, and Taiwan markets. This includes content creation, advertising campaign management, and digital optimization services.
Wellness Products Sale: The company sells Australian-branded nutrition, health, and wellness products in Taiwan, primarily through offline group-buying activities.

Recent Developments

In 2025, HAFG expanded its service offerings by launching a new advertising service focused on delivering integrated digital advertising solutions, including campaign strategy, media buying, performance tracking, and optimization. This new offering complements the company’s existing strengths in content creation and social media marketing.

Principal Factors Affecting Financial Performance

HAFG’s financial performance is primarily affected by its ability to:

Acquire new customers or retain existing customers
Offer competitive pricing for its products and services
Provide competitive products and services
Respond to industry demand and competition
Maintain its market position

Results of Operations

Comparison of Three Months Ended March 31, 2025 and 2024:

Metric	Q1 2025	Q1 2024	% Change
Revenue	$263,638	$40,197	555.9%
Cost of Revenue	$(225,287)	$(3,172)	7,002.4%
Gross Profit	$38,351	$37,025	3.6%
General and Administrative Expenses	$(53,606)	$(30,613)	75.1%
Operating (Loss)/Profit	$(15,255)	$6,412	N/A
Net (Loss)/Profit	$(12,802)	$3,386	N/A
Comprehensive (Loss)/Income	$(12,956)	$3,233	N/A

Revenue Revenue increased significantly by 555.9% to $263,638 in Q1 2025, driven by the rapid growth of the company’s newly launched advertising service offering.

Cost of Revenue and Gross Profit Cost of revenue increased by 7,002.4% to $225,287, leading to a slight 3.6% increase in gross profit to $38,351. The gross profit margin declined due to a shift in revenue mix towards the lower-margin advertising services.

Operating Expenses General and administrative expenses increased by 75.1% to $53,606, primarily due to higher lease expenses and professional fees to support the company’s expanded operations.

Net (Loss)/Profit The company recorded a net loss of $12,802 in Q1 2025, compared to a net profit of $3,386 in the same period of 2024. This was mainly due to the increase in operating expenses and cost of revenue outpacing revenue growth.

Liquidity and Capital Resources As of March 31, 2025, the company had cash and cash equivalents of $2,185, a significant decrease from $17,409 at the end of 2024. The company had a net current liability of $241,331 and an accumulated deficit of $71,050,817, raising substantial doubt about its ability to continue as a going concern. The company is exploring additional financing options and developing new revenue-generating business to address its liquidity challenges.

Outlook HAFG faces significant financial and operational challenges, including declining cash reserves, increasing net liabilities, and operating losses. The company’s ability to continue as a going concern will depend on its success in securing additional financing and generating sufficient revenue from its new and existing business lines. Investors should closely monitor the company’s progress in addressing these issues in the coming quarters.