For the quarter ending 2026-03-31, HWH had -$646,387 decrease in cash & cash equivalents over the period. -$193,305 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Gain on disposal of marketable securities | - | - | 1,895 | - |
| Loss on equity method investment - related party | - | 0 | 0 | 0 |
| Income tax payable | - | - | - | -3,305 |
| Impairment loss on equipment | - | -48 | -17,638 | - |
| Impairment of convertible note receivable related party, and equity method investment - related party | - | 0 | 0 | 0 |
| Deposit | - | 0 | -20,046 | -198,558 |
| Impairment loss on goodwill | - | -5,834 | 45,002 | 77,480 |
| Impairment of investment in joint venture | - | 0 | - | - |
| Deferred revenue | - | - | - | 15,631 |
| Loss on disposal of equipment | - | 0 | 0 | 0 |
| Accrued commissions | - | 0 | 0 | 0 |
| Net loss | -626,773 | -1,947,316 | -299,618 | -410,995 |
| Foreign exchange transaction loss (gain) | -21,540 | -1,917 | -12,884 | 307,691 |
| Gain on disposal of subsidiaries | - | -10 | 10 | 383,667 |
| Fair value (gain) on investment securities | - | - | - | 873 |
| Loss on disposal of subsidiaries | - | 0 | -21,611 | - |
| Depreciation expense | 2,091 | 1,624 | 11,358 | 6,664 |
| Unrealized loss on convertible note receivable related party | - | - | -71,221 | -33,064 |
| Non-cash lease expense | 30,572 | 30,735 | 46,052 | 176,994 |
| Share of result of an associate | 2,315 | 4,856 | 895 | - |
| Unrealized (loss) gain on convertible notes receivable and warrants related party | 49,238 | 146,550 | - | - |
| Fair value gain on marketable securities | 932 | -9,344 | 8,607 | - |
| Gain on disposal of marketable securities | 10,237 | -4,424 | - | - |
| Executive performance share expense | - | 1,580,000 | - | - |
| Loss from related party balance written off | -415,770 | -145,173 | -12,863 | - |
| Account receivables | 629 | -4,532 | -14,950 | 5,402 |
| Receivable from related party | 1,906 | 445,470 | - | - |
| Other receivables | 44,430 | 208,730 | -184,142 | 105,273 |
| Prepaid expenses | -494 | 0 | 146 | -13,008 |
| Inventory | 33 | -16 | -5,191 | 4,795 |
| Accounts payable and accrued expenses | 5,529 | -3,726 | -25,537 | -112,546 |
| Purchase of financial assets | - | - | - | 100,152 |
| Deconsolidation of alset f&b one pte. ltd | - | 0 | 23,350 | - |
| (gain) on disposal of investment securities | - | - | - | 419 |
| Operating lease liabilities | -30,518 | -228,015 | -315,118 | 285,143 |
| Loans to related party | - | 0 | 0 | 280,000 |
| Net cash used in operating activities | -192,539 | -1,021,964 | -199,902 | -528,424 |
| Investment at cost | - | 0 | 0 | 0 |
| Convertible loans receivable - related party | - | - | -70,000 | -360,000 |
| Cash withdrawn from trust account for redemptions | - | 0 | 0 | 0 |
| Cash withdrawn from trust account available to the company | - | 0 | 0 | 0 |
| Purchases of property and equipment | 766 | 87 | 18,006 | 1,371 |
| Convertible notes receivable - related party | 285,000 | 780,000 | - | - |
| Investment in associate related party | - | - | 54,621 | - |
| Investments at cost | 14,907 | - | - | - |
| Purchase of marketable securities | 3,194,961 | -122,061 | 207,933 | - |
| Proceeds from disposal of marketable securities | 3,190,218 | - | - | - |
| Net cash used in investing activities | -305,416 | -173,405 | -273,758 | -741,523 |
| Advances to related parties | - | - | -218,194 | 1,631,936 |
| Proceed from issuance of common stock and warrants | - | 0 | 0 | 1,409,983 |
| Repayment of deferred underwriting compensation | - | 0 | 0 | 0 |
| Repayment of class a common stock | - | 0 | 0 | - |
| Repayment of loans and borrowing | - | -934 | 543 | 14,100 |
| Repayment of note payable | - | 236,893 | -42 | 240,792 |
| Advances to related parties | -140,687 | -1,462,459 | 406,757 | 1,055,702 |
| Repayment of brokerage margin loans | 928,284 | - | - | - |
| Proceed from brokerage margin loans | 920,539 | 16,083 | - | - |
| Net cash (used in) / provided by financing activities | -148,432 | -268,593 | 624,450 | 578,857 |
| Net (decrease) increase in cash | - | -1,463,962 | - | - |
| Net decrease in cash | -646,387 | -1,463,962 | 150,790 | -691,090 |
| Effects of foreign exchange rate on cash | 20,268 | 199,718 | -451,284 | - |
| Cash at beginning of period | 2,085,918 | 2,897,972 | 3,889,556 | - |
| Cash at end of period | 1,459,799 | 2,085,918 | 2,897,972 | - |
HWH International Inc. (HWH)
HWH International Inc. (HWH)