CSIMarket


Alset Inc   (AEI)
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    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services


 

Alset Inc

AEI's Financial Statements and Analysis



Alset Inc narrowed second quarter of 2024 net loss per share of $-0.13 compare to net loss per share of $-0.46 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.73 realized in previous quarter.


second quarter of 2024
Earnings Per Share Revenues
$ -0.13 $  1 Mill
$+0.33     Unch.     +21.59 %



Alset Inc 's Revenue rose by 21.59 % in second quarter of 2024 (Jun 30 2024) year on year, to $1 million and declined by -81.48 % sequentially.


Alset Inc is

More on AEI's Income Statement



Alset Inc in the second quarter of 2024 recorded net loss of $-1.150 million, an improvement compare to net loss of $-4.323 million in I. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-7.314 million realized in previous quarter.

More on AEI's Growth

Alset Inc Inventories
Inventories declined by -82.48 % to $0.01 million from I. Quarter a year ago, sequentially inventories fell by -5.93 %. In Jun 30 2024 company's net cash and cash equivalents decreased by $-4 million, capital expenditures fell by -0.008277303.73%, to $0 millions compare to same quarter a year ago

More on AEI's Cash flow Statement


Alset Inc does not pay out common stock dividend.

In trailing twelve-month period Alset Inc earned $ 0.53 cash per share, on a free-cash flow basis .

Book value fell by -2.60 % sequentially to $9.50 per share, -4.28% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 9.49 per share from $ 9.74.

Company repurchased 0.00 million shares or 0.00 % in Jun 30 2024.


More on AEI's Dividends

 Market Capitalization (Millions) 13
 Shares Outstanding (Millions) 9
 Total Debt (Millions $) 1
 Revenue (TTM) (Millions $) 28
 Net Income (TTM) (Millions $) -55
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Alset Inc does not pay out common stock dividend.

In trailing twelve-month period Alset Inc had $ 0.53 cash flow per share, on a free-cash flow basis .

Book value fell by -2.60 % sequentially to $9.50 per share, -4.28% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 9.49 per share from $ 9.74.

Company repurchased 0.00 million shares or 0.00 % in Jun 30 2024.


More on AEI's Balance Sheets

 Market Capitalization (Millions) 13
 Shares Outstanding (Millions) 9
 Total Debt (Millions $) 1
 Revenue (TTM) (Millions $) 28
 Net Income (TTM) (Millions $) -55
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Alset Inc Earnings

Alset Inc Surges Ahead, Experiencing Rapid Revenue Growth in Q2 2023



In the volatile world of the stock market, it's not uncommon to come across intriguing facts that could either raise eyebrows or pique the interest of investors. One such fascinating development is AEI's impressive revenue growth of 1967.691% year on year to $19.15 million in the period from April to June 30, 2023. However, despite this remarkable achievement, AEI also experienced an increased loss per share at $-0.63 during the same period. This article delves into AEI's recent accomplishments and sheds light on the struggles faced by other businesses in the Real Estate Operations industries.
AEI's Flourish Amidst Industry Decline:
AEI stands out as a success story in the second quarter of...

Alset Inc Suffers Severe Hit with 52.519% Drop in Revenue in Q1 2023 Resulting in Hefty Net Losses

Despite the challenging first quarter earnings season for the Real Estate Operations company, there are still reasons to be optimistic about the stock market. While it is true that the company reported a significant decline in revenue and an increase in net loss per share compared to the previous year, there are several factors to consider before making any judgments.
Firstly, it is important to note that the financial reporting period in question is specifically for the first quarter of 2023. This means that the results are not a complete representation of the company's overall performance for the year. It is still possible for Alset Inc to bounce back and improve its financial standing in the upcoming ...