Overview
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- TickerABLV on Nasdaq1
- IndustryRetail-Nonstore Retailers1
- HeadquartersE91
- Incorporated inCayman Islands3
- Business address511 Weihai Road, Room 1803, Shanghai3
- Filer categoryNon-accelerated filer, Emerging growth company3
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The brand portfolio mainly covers the segments of skin care and personal care (products used in personal hygiene and personal grooming).4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Sales Of Cosmetics And Other Beauty Products brought in 92% of the revenue Able View Global Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Sales Of Cosmetics And Other Beauty Products | $124.7M | $122.0M | $96.6M |
| Provision Of Operation Services | $4.5M | $4.8M | $8.6M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue89¢$93.3M
- Other costs9¢$9.0M
- Income tax2¢$2.1M
- Profit1¢$820.0K
Out of $105.2M in revenue.2
Where each dollar of operating cash went, fiscal 2025
- Capital spending2¢$27.2K
- Dividends paid5¢$57.7K
- Kept or used elsewhere93¢$1.1M
Out of $1.2M of cash from operations.2
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $105.2M | $126.8M | $129.3M |
| Total cost of revenue | -$93.3M | -$112.3M | -$99.0M |
| Gross profit | $11.9M | $14.5M | $30.3M |
| Selling and marketing expenses | -$7.8M | -$11.0M | -$13.3M |
| General and administrative expenses | -$4.6M | -$3.7M | -$5.7M |
| Total operating expenses | -$12.4M | -$14.7M | -$19.0M |
| (Loss) income from operations | -$486.6K | -$206.0K | $11.3M |
| Interest expenses, net | -$671.7K | -$405.6K | -$834.2K |
| Other income | $40 | $98.9K | $52.2K |
| Foreign currency exchange gain (loss) | $461.7K | -$393.6K | -$843.3K |
| Total other expenses, net | -$209.9K | -$700.3K | -$1.6M |
| (Loss) income before income taxes | -$696.5K | -$906.3K | $9.7M |
| Income tax expenses | -$2.1M | -$240.2K | -$301.9K |
| Net (loss) income from continuing operations | -$2.8M | -$1.1M | $9.4M |
| (Loss) income before income taxes from operations of discontinued operation | -$675.7K | -$8.7M | $2.0M |
| Gain on disposal of discontinued operation | $4.8M | ||
| Income tax (expenses) benefits | -$498.0K | $2.4M | -$1.6M |
| Net income (loss) from discontinued operations | $3.6M | -$6.3M | $342.9K |
| Net income (loss) | $820.0K | -$7.4M | $9.8M |
| Accretion of convertible redeemable preferred shares | -$160.0K | ||
| Net income (loss)attributable to Able View Global Incs ordinary shareholders | $820.0K | -$7.4M | $9.4M |
| Net (loss) income from continuing operations attributable to Able View Global Incs ordinary shareholders | -$2.8M | -$1.1M | $9.1M |
| Net income (loss) from discontinued operations attributable to Able View Global Incs ordinary shareholders | $3.6M | -$6.3M | $342.9K |
| Foreign currency translation adjustment | -$254.0K | -$39.5K | $39.7K |
| Comprehensive income (loss) | $566.0K | -$7.5M | $9.8M |
| Net income attributable to Able View Global Incs preferred shareholders | -$148.7K | ||
| Comprehensive income (loss) attributable to Able View Global Incs ordinary shareholders | $566.0K | -$7.5M | $9.5M |
| (Loss) earnings per share from continuing operations basic (in Dollars per share) | -$0 | -$0 | $0 |
| (Loss) earnings per share from continuing operations diluted (in Dollars per share) | -$0 | -$0 | $0 |
| Earnings (loss) per share from discontinued operations basic (in Dollars per share) | $0 | -$0 | $0 |
| Earnings (loss) per share from discontinued operations diluted (in Dollars per share) | $0 | -$0 | $0 |
| Earnings (loss) per share basic (in Dollars per share) | $0.02 | -$0.17 | $0.24 |
| Earnings (loss) per share diluted (in Dollars per share) | $0.02 | -$0.17 | $0.24 |
| Weighted average shares basic (in Shares) | 49.4M shares | 42.6M shares | 39.5M shares |
| Weighted average shares diluted (in Shares) | 49.4M shares | 42.6M shares | 39.5M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $9.0M | $15.2M | ||
| Accounts receivable | $12.8M | $15.0M | ||
| Prepayments and other current assets | $7.0M | $2.0M | ||
| Inventories | $3.3M | $6.3M | ||
| Assets of discontinued operations, current | $668.5K | |||
| Total Current Assets | $32.1M | $40.3M | ||
| Property and equipment, net | $117.6K | $139.2K | ||
| Right of use assets, net | $228.3K | $13.6K | ||
| Deferred tax assets | $1.5M | $2.2M | ||
| Other non-current assets | $598.9K | $777.9K | ||
| Assets of discontinued operations, non-current | $4.2M | |||
| Total Non-current Assets | $2.4M | $7.4M | ||
| Total Assets | $34.6M | $47.6M | ||
| Short-term loans | $9.3M | $8.0M | ||
| Accounts payable | $1.9M | $2.5M | ||
| Advance from customers | $909.2K | $187.9K | $235.5K | |
| Income tax payable | $3.6M | $2.0M | ||
| Lease liabilities, current | $93.2K | $9.2K | ||
| Other payable and accrued expenses | $3.9M | $2.7M | ||
| Liabilities of discontinued operations, current | $1.9M | |||
| Total Current Liabilities | $19.8M | $17.4M | ||
| Lease liabilities, non-current | $110.6K | |||
| Long-term borrowings | $2.2M | $2.2M | ||
| Liabilities of discontinued operations, non-current | $4.9M | |||
| Total Non-current Liabilities | $7.0M | $23.1M | ||
| Total Liabilities | $26.8M | $40.5M | ||
| Additional paid-in capital | $4.9M | $4.9M | ||
| Statutory reserve | $666.6K | $158.0K | ||
| Retained earnings | $2.4M | $2.0M | ||
| Accumulated other comprehensive loss | -$142.9K | -$3.9K | ||
| Total Shareholders Equity | $7.8M | $7.1M | $11.4M | $2.4M |
| Total Liabilities and Shareholders Equity | $34.6M | $47.6M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $9.0M | $15.2M | ||
| Accounts receivable | $12.8M | $15.0M | ||
| Prepayments and other current assets | $7.0M | $2.0M | ||
| Inventories | $3.3M | $6.3M | ||
| Assets of discontinued operations, current | $668.5K | |||
| Total Current Assets | $32.1M | $40.3M | ||
| Property and equipment, net | $117.6K | $139.2K | ||
| Right of use assets, net | $228.3K | $13.6K | ||
| Deferred tax assets | $1.5M | $2.2M | ||
| Other non-current assets | $598.9K | $777.9K | ||
| Assets of discontinued operations, non-current | $4.2M | |||
| Total Non-current Assets | $2.4M | $7.4M | ||
| Total Assets | $34.6M | $47.6M | ||
| Short-term loans | $9.3M | $8.0M | ||
| Accounts payable | $1.9M | $2.5M | ||
| Advance from customers | $909.2K | $187.9K | $235.5K | |
| Income tax payable | $3.6M | $2.0M | ||
| Lease liabilities, current | $93.2K | $9.2K | ||
| Other payable and accrued expenses | $3.9M | $2.7M | ||
| Liabilities of discontinued operations, current | $1.9M | |||
| Total Current Liabilities | $19.8M | $17.4M | ||
| Lease liabilities, non-current | $110.6K | |||
| Long-term borrowings | $2.2M | $2.2M | ||
| Liabilities of discontinued operations, non-current | $4.9M | |||
| Total Non-current Liabilities | $7.0M | $23.1M | ||
| Total Liabilities | $26.8M | $40.5M | ||
| Additional paid-in capital | $4.9M | $4.9M | ||
| Statutory reserve | $666.6K | $158.0K | ||
| Retained earnings | $2.4M | $2.0M | ||
| Accumulated other comprehensive loss | -$142.9K | -$3.9K | ||
| Total Shareholders Equity | $7.8M | $7.1M | $11.4M | $2.4M |
| Total Liabilities and Shareholders Equity | $34.6M | $47.6M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $820.0K | -$7.4M | $9.8M |
| Less: net income (loss) from discontinued operations | $3.6M | -$6.3M | $342.9K |
| Net (loss) income from continuing operations | -$2.8M | -$1.1M | $9.4M |
| Depreciation expenses | $54.1K | $105.2K | $148.2K |
| Write-down of inventories | $1.3M | $12.0K | |
| Deferred income tax expenses (benefits) | $1.5M | $77.2K | -$2.3M |
| Amortization of right of use assets | $55.1K | $21.4K | $122.4K |
| Provision of expected credit loss against other receivables | $398.1K | ||
| Gain from disposal of property and equipment | -$30.7K | ||
| Accounts receivable | $2.7M | -$3.3M | $8.2M |
| Accounts receivable related parties | $1.1M | -$1.3M | $1.6M |
| Prepayment and other current assets | -$4.1M | $838.5K | -$917.1K |
| Inventories | $3.3M | $7.7M | $1.0M |
| Other non-current assets | $188.5K | -$57.1K | -$257.2K |
| Accounts payable | -$7.9M | -$7.6M | $6.8M |
| Advance from customers | $683.4K | -$30.0K | $15.1K |
| Income tax payable | $1.5M | -$2.3M | $2.1M |
| Lease liabilities | -$74.4K | -$18.7K | -$265.4K |
| Other payable and accrued expenses | $1.2M | $1.4M | -$141.2K |
| Amount due to related parties, current | -$967.5K | $287.1K | -$26.9K |
| Net cash (used in) provided by operating activities from continuing operations | -$3.6M | -$3.7M | $25.5M |
| Net cash provided by (used in) operating activities from discontinued operations | $4.8M | $1.5M | -$1.9M |
| Net cash provided by (used in) operating activities | $1.2M | -$2.2M | $23.6M |
| Purchase of property and equipment | -$27.2K | -$65.9K | -$67.0K |
| Loans to third parties | -$1.2M | -$498.9K | |
| Collection of loans from a third party | $500.0K | ||
| Payment to Shanghai Jingyue (Note 3) | -$3.2M | ||
| Advances to related parties | -$8.3K | -$90.3K | -$3.0M |
| Collection of advances from related parties | $8.3K | $104.4K | $3.9M |
| Net cash (used in) provided by investing activities from continuing operations | -$4.0M | -$51.8K | $408.6K |
| Net cash used in investing activities from discontinued operations | -$311.6K | -$973 | -$154.9K |
| Net cash (used in) provided by investing activities | -$4.3M | -$52.7K | $253.7K |
| Proceeds from short-term borrowings | $27.2M | $38.3M | $58.0M |
| Repayments of short-term borrowings | -$26.0M | -$33.0M | -$70.8M |
| Borrowings from related parties | $9.2M | $8.6M | $3.9M |
| Repayment of short-term borrowings to related parties | -$8.8M | -$12.0M | -$6.6M |
| Proceeds from long-term borrowings | $2.2M | ||
| Payment of offering costs | -$3.1M | ||
| Payment to repurchase of Class B ordinary shares | -$865.5K | -$432.8K | |
| Payments of dividends to shareholders | -$57.7K | -$57.7K | -$57.5K |
| Proceeds from issuance of convertible notes | $4.0M | ||
| Net cash provided by (used in) financing activities from continuing operations | $1.6M | $7.2M | -$19.0M |
| Net cash (used in) provided by financing activities from discontinued operations | -$4.5M | -$3.2M | $2.8M |
| Net cash (used in) provided by financing activities | -$2.9M | $4.0M | -$16.2M |
| Effect of exchange rate changes on cash and cash equivalents from continuing operations | -$167.0K | $285.5K | -$22.0K |
| Effect of exchange rate changes on cash and cash equivalents from discontinued operations | $3.0K | -$26.7K | -$34.1K |
| Net (decrease) increase in cash and cash equivalents, including cash and cash equivalents classified to assets of discontinued operations | -$6.2M | $2.0M | $7.6M |
| Less: net increase (decrease) in cash and cash equivalents of discontinued operations | $28.3K | -$1.7M | $728.7K |
| Cash paid for interest expense | $574.7K | $246.8K | $848.1K |
| Cash paid for income tax | $392.6K | $2.7M | $483.4K |
| Cash refunded for income tax | $263.1K | $361.2K | |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | $251.9K | $13.4K | $109.6K |
| Accretion of convertible redeemable preferred shares | $160.0K | ||
| Issuance of Class B ordinary shares to a financial advisor | $6.2M | ||
| Issuance of Class B ordinary shares for conversion of convertible notes | $2.7M | ||
| Due from a third party for disposal of property and equipment | $103.9K | ||
| Reduction of dividend payables due to disposal of discontinued operations | $10.0M | ||
| Net settlement of dividends payable with due from related parties from continuing operations | $1.1M | ||
| Net settlement of due from related parties and due to related parties within continuing operations | $3.2M | $3.5M | $1.3M |
| Net settlement of due from related parties and due to related parties between continuing operations and discontinued operations | $961.6K | $2.3M | $13.2M |
No quarter-by-quarter statement was filed.
Corporate structure
Able View Global Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Able View Global Inc.
- Alta Partners LLC Filed SCHEDULE 13G on Able View Global Inc., latest Dec 4, 2025
- HSBC Filed SC 13G/A on Able View Global Inc., latest May 20, 2024 (3 filings since Sep 7, 2023)
- Scenery Investing Co Ltd Filed SC 13D on Able View Global Inc., latest Sep 5, 2023
- Healthy Great Investing Co Ltd Filed SC 13D on Able View Global Inc., latest Aug 28, 2023
- Smartest Star Investing Co Ltd Filed SC 13G on Able View Global Inc., latest Aug 28, 2023
- Able View Global Inc. E9
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Able View Global Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $624.2K2 Dec 31, 2025 | $544.7K2 Dec 31, 2024 | +14.6% |
| Property and equipment, net | $117.6K2 Dec 31, 2025 | $139.2K2 Dec 31, 2024 | −15.5% |
| Operating-lease assets (leased space) | $228.3K2 Dec 31, 2025 | $13.6K2 Dec 31, 2024 | +1579.0% |
Investments
Inventory
Filings
69 filings to the SEC since October 2021: 3 annual reports, 7 large holders, 59 other. The latest 20:
- Sep 30, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 17, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 16, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
- Apr 27, 202620-F ANNUAL REPORT EDGAR
- Mar 19, 2026DRS EDGAR
- Mar 18, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Feb 13, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Dec 9, 20256-K EDGAR
- Dec 4, 2025SCHEDULE 13G EDGAR
- Sep 30, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 23, 202520-F ANNUAL REPORT EDGAR
- Feb 27, 2025EFFECT EDGAR
- Feb 25, 2025CORRESP EDGAR
- Feb 24, 2025UPLOAD EDGAR
- Feb 14, 2025F-3 REGISTRATION STATEMENT EDGAR
- Dec 19, 20246-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Nov 8, 20246-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Nov 1, 20246-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 11, 20246-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jun 17, 2024424B3 PROSPECTUS SUPPLEMENT EDGAR
The 69 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Alta Partners LLCSCHEDULE 13G, 1 filing Dec 4, 20257
- HSBCSC 13G/A, 3 filings Sep 7, 2023 to May 20, 20248
- Scenery Investing Co LtdSC 13D, 1 filing Sep 5, 20239
- Healthy Great Investing Co LtdSC 13D, 1 filing Aug 28, 202310
- Smartest Star Investing Co LtdSC 13G, 1 filing Aug 28, 202311
SEC filer profile
How Able View Global Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAble View Global Inc.1
- CIK0001957489
- Filer statusNon-accelerated filer an emerging growth company; not a shell company4
- Incorporated inCayman Islands4
- Fiscal year endsDecember 311
- Industry code (SIC)5960 Retail-Nonstore Retailers1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address511 Weihai Road, Room 1803, Shanghai, China1
- Phone86-185-0177-04251
- Shares outstanding24,871,433 Common Class A shares; 24,518,489 Common Class B shares as of Dec 31, 20254
- AuditorMarcum Asia CPAs LLP, Beijing, China PCAOB ID 5395; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceDec 27, 20221
- Filings69 in all: CORRESP (12), 6-K (11), UPLOAD (11), F-4/A (5), 20-F (3), 424B3 (3), EFFECT (3), F-1/A (3)1
All 22 form types
DRS (2), SC 13D (2), SC 13G (2), SC 13G/A (2), 20FR12B (1), 424B5 (1), 8-A12B (1), CERT (1), DRS/A (1), DRSLTR (1), F-1 (1), F-3 (1), F-4 (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (20-F) Apr 27, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class B Ordinary Shares, $0.0001 par value per share | ABLV | Nasdaq |
| Warrants, each exercisable for one Class B Ordinary Share at an exercise price of $11.50 per share | ABLVW | Nasdaq |
From the cover page of the 20-F filed Apr 27, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
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