Asia Wealth Group Holdings Ltd - AUDITED RESU...

  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.