Asia Wealth Group Holdings Limited - Asia Wealth Group Holdings Ltd - AUDITED RESULTS FOR THE FINANCIAL YEAR ENDED 28 FEBRUARY 2026

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Asia Wealth Group Holdings Limited

17 Aug, 2026, 12:37 GMT

  17 August 2026

Asia Wealth Group Holdings Limited

("Asia Wealth", the “Group” or the "Company")

AUDITED RESULTS FOR THE FINANCIAL YEAR ENDED 28 FEBRUARY 2026

Chairman’s Statement

The Board is pleased to report the audited results of the Company for the Financial Year from 1 March 2025 to 28 February 2026. The audited accounts will shortly be available on the Company’s website,  www.asiawealthgroup.com.

The Company reports a consolidated profit of  US$30,562 (2025: Profit US$2,004). 

The Company continues to search for new areas of business expansion opportunities in  South East Asia and in Europe, where it is has identified and engaged in meaningful discussions.  The Company’s main source of income continued to be through Meyer Asset Management Ltd, a wholly owned subsidiary of the Company.

The Board remains focused on further acquisitions and partnerships in  Asia and Europe as well as the south-east Asian region. The Board has a cash surplus to seek further acquisitions and is currently in active discussions with businesses in the wealth management and clean energy space.

I would again like to thank the Company’s staff for their hard work throughout the year and shareholders for their support and we look forward to taking advantage of the opportunities which we expect to encounter in the forthcoming year.

The Directors do not recommend the payment of a dividend for the year ended 28 February 2026.

Richard Cayne

Chairman

The Directors of the Company accept responsibility for the content of this announcement.

Contacts:

Richard Cayne (Chairman and CEO)

Asia Wealth Group Holdings Limited, +66 (0) 2611-2561

Corporate Advisers

AlbR Capital Limited, +44 (0)20 7469 0930

ASIA WEALTH GROUP HOLDINGS LIMITED
Consolidated Statement of Financial Position
At 28 February 2026
Expressed in U.S. Dollars
 2026  2025
Non-current assets
Fixed assets 66,925 10,126
Investment property 678,755 619,036
745,680 629,162
Current assets
Cash and cash equivalents 841,827 1,077,831
Trade receivables (net of allowance for doubtful
accounts of $8,572 (2025: $8,572)) 18,520 92,121
Loans and other receivables 76,357 49,806
Due from director 463,020 424,838
Prepaid tax 611 888
Prepayments and other assets 89,317 83,122
1,489,652 1,728,606
Total assets $ 2,235,332 $ 2,357,768
Equity
Share capital 913,496 913,496
Treasury shares (318,162) (318,162)
Consolidation reserve 391,793 391,793
Translation reserve 71,672 34,529
Retained earnings 305,342 274,780
Total equity 1,364,141 1,296,436
Current liabilities
Trade payables 790,526 1,012,202
Tax payable 739 39
Other payables and accrued expenses 79,926 49,091
Total liabilities 871,191 1,061,332
Total equity and liabilities $ 2,235,332 $ 2,357,768
ASIA WEALTH GROUP HOLDINGS LIMITED
Consolidated Statement of Comprehensive Income
For the year ended 28 February 2026
Expressed in U.S. Dollars
 2026  2025
Revenue
Commission income 730,789 962,319
730,789 962,319
Expenses
Directors’ fees 267,425 302,015
Professional fees 238,856 227,266
Commission expense 92,017 279,726
Salaries and wages 79,552 43,589
Travel and entertainment 64,833 57,796
Office expenses 51,893 42,259
Insurance expense 32,427 29,372
Rent 23,137 17,534
Depreciation 12,816 1,873
Marketing 4,674 4,765
Bad debt expenses 3,525 -
Other expenses 25,708 16,103
896,863 1,022,298
Net income/(loss) from operations (166,074) (59,979)
Other income/(expenses)
Net foreign exchange loss 158,752 27,202
Other income 39,162 35,278
197,914 62,480
Net income before taxation 31,840 2,501
Taxation 1,278 497
Total comprehensive income $ 30,562 $ 2,004
Total comprehensive income attributable to equity
holders of the Parent Company $ 30,562 $ 2,004
Earnings (loss) per share attributable to the equity holders of the Parent Company:
Basic earnings per share $ 0.00275 $ 0.00018
Diluted earnings per share $ 0.00275 $ 0.00018
ASIA WEALTH GROUP HOLDINGS LIMITED
Consolidated Statement of Cash Flows
For the year ended 28 February 2026
Expressed in U.S. Dollars
2026 2025
Operating activities
Net income before taxation 31,840 2,501
Adjustments for:
Net foreign exchange (gain)/loss (27,202) 40,568
Impairment losses 3,525 -
Depreciation 12,816 1,873
Interest income (4,907) (14,622)
Net operating income before changes in operating assets and liabilities 16,072 30,320
Changes in operating assets and liabilities:
Decrease in trade receivables 70,076 17,488
Increasein loans and other receivables (26,551) (16,849)
Increase in prepaid tax (301) (502)
Increase in prepayments and other assets (6,195) (9,734)
Decrease in trade payables (221,676) (32,484)
Increase in other payables and accrued expenses 30,835 1,889
Net cash flows used in operations (137,740) (9,872)
Interest income received 4,907 9,556
Net cash flows used in operating activities (132,833) (316)
Investing activities
Acquisition of fixed assets (69,615) (6,814)
Cash flows used in investing activities (69,615) (6,814)
Financing activities
Net movement (to)/from director (38,182) 14,020
Cash flows (used in)/from financing activities (38,182) 14,020
Net (decrease)/increase in cash and cash equivalents (240,630) 6,890
Effects of exchange rate fluctuations on cash and cash equivalents 4,626 (52,021)
Cash and cash equivalents at beginning of year 1,077,831 1,122,962
Cash and cash equivalents at end of year $ 841,827 $ 1,077,831
Cash and cash equivalents comprise cash at banks.

AWGH Audited FS 28Feb26 RNS Draft FINAL