For the year ending 2025-12-31, HWH had -$2,004,262 decrease in cash & cash equivalents over the period. -$1,769,754 in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Loss on equity method investment - related party | 0 |
| Impairment of convertible note receivable related party, and equity method investment - related party | 0 |
| Impairment of investment in joint venture | 0 |
| Loss on disposal of equipment | 0 |
| Accrued commissions | 0 |
| Net loss | -2,657,929 |
| Foreign exchange transaction (gain) loss | 292,890 |
| Gain on disposal of subsidiaries | 383,667 |
| Loss on disposal of subsidiaries | -21,611 |
| Depreciation expense | 19,646 |
| Non-cash lease expense | 253,781 |
| Share of result of an associate | 5,751 |
| Unrealized loss on convertible note receivable and warrants related party | 146,550 |
| Fair value loss on marketable securities | -737 |
| Loss on disposal of marketable securities | -4,424 |
| Executive performance share expense | 1,580,000 |
| Account receivables | -14,080 |
| Receivable from related party | 445,470 |
| Other receivables | 129,861 |
| Prepaid expenses | -12,862 |
| Deposit | -218,604 |
| Inventory | -412 |
| Accounts payable and accrued expenses | -141,809 |
| Operating lease liabilities | -257,990 |
| Bad debt written off | -158,036 |
| Impairment loss on equipment | -17,686 |
| Impairment loss on goodwill | 116,648 |
| Net cash used in operating activities | -1,750,290 |
| Investment at cost | 0 |
| Cash withdrawn from trust account for redemptions | 0 |
| Cash withdrawn from trust account available to the company | 0 |
| Purchases of property and equipment | 19,464 |
| Convertible loans receivable - related party | 780,000 |
| Purchase of marketable securities | 85,872 |
| Deconsolidation of alset f&b one pte. ltd | 23,350 |
| Loans to related party | 280,000 |
| Net cash (used in) / provided by investing activities | -1,188,686 |
| Repayment of deferred underwriting compensation | 0 |
| Advances from related parties | 0 |
| Repayment of class a common stock | 0 |
| Repayment of loans and borrowing | 13,709 |
| Proceed from brokerage margin and loans | 16,083 |
| Proceed from issuance of common stock and warrants | 1,409,983 |
| Repayment of note payable | 477,643 |
| Net cash provided by / (used in) financing activities | 934,714 |
| Net (decrease) increase in cash | -2,004,262 |
| Net (decrease) increase in cash | -2,004,262 |
| Effects of foreign exchange rate on cash | -251,566 |
| Cash at beginning of year | 4,341,746 |
| Cash at end of year | 2,085,918 |
HWH International Inc. (HWH)
HWH International Inc. (HWH)