
HWH International 2025 10-K: Revenue $0.87M, EPS (0.40)

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HWH International reported fiscal 2025 revenue of $0.867 million, down from $1.254 million in 2024, with a net loss per share of $(0.40). The decline in revenue is attributed to the closure of multiple café locations, leading to reduced food & beverage sales. Despite a slight improvement in net loss compared to the previous year, the company is shifting focus from brick-and-mortar cafés to digital initiatives, launching the Hapi Marketplace and Hapi Wealth Builder program. A reverse merger and domicile change were completed in 2025 to support this strategic shift.
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