---
title: "Nocera 2025 10-K: Revenue $13.6M, EPS $(0.2069)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282900696.md"
description: "Nocera reported fiscal 2025 revenue of $13.6 million, down from $17.0 million in 2024, with a loss per share of $(0.2069). The decline in revenue was attributed to reduced fish trading activity. However, the net loss improved to $(2.88) million from $(4.49) million a year earlier. Key highlights include increased operating expenses and strategic initiatives focusing on e-commerce and Bitcoin investments. The company also underwent restructuring, including asset disposals and consolidation of operations."
datetime: "2026-04-15T21:15:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282900696.md)
  - [en](https://longbridge.com/en/news/282900696.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282900696.md)
---

# Nocera 2025 10-K: Revenue $13.6M, EPS $(0.2069)

Nocera reported fiscal 2025 revenue of $13.6 million and a loss per share of $(0.2069), reflecting a decline in sales and continued restructuring of operations. Revenue fell from $17.0 million in 2024 largely due to reduced fish trading activity, while net loss improved to $(2.88) million from $(4.49) million a year earlier. Management cited asset disposals and operational realignment as drivers of the year-over-year changes.

**Financial Highlights**

-   **Net sales:** $13.63 million, down from $17.01 million in 2024.
-   **Gross profit:** $0.173 million, down from $0.334 million in 2024.
-   **Operating expenses:** $2.842 million (includes G&A $2.782M and share-based compensation $0.060M); increase driven in part by issuance costs for a convertible note.
-   **Net loss:** $(2.88) million, improved from $(4.49) million in 2024; continuing operations net loss $(2.67) million.
-   **Loss per share — basic and diluted:** $(0.2069), improved from $(0.3371) in 2024.

**Business Highlights**

-   **Revenue mix and trends:** Decline in overall revenue driven primarily by reduced fish trading sales; continued focus on Fish Trading and E‑Commerce segments.
-   **Divestitures and restructuring:** Disposal of SY Culture in June 2025 and disposition of Meixin in December 2025; consolidation of VIE-operated businesses (including Xinca and prior Meixin) into ongoing operations.
-   **Operational impacts:** Recognized impairments reflecting weaker goodwill tied to consolidated businesses.
-   **E‑commerce development:** Expanded e‑commerce presence through equity investments in the U.S. and France and growth of a live‑stream commission model operated on a net basis.
-   **Strategic initiatives and outlook:** Launched a corporate treasury strategy in January 2026 with a focus on Bitcoin and is pursuing selective acquisitions to diversify operations.

Original SEC Filing: NOCERA, INC. \[ NCRA \] - 10-K - Apr. 15, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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