Private company

Fintech Scion Ltd

Fintech Scion Ltd is an American business services company, incorporated in Nevada.¹ It is headquartered in London, United Kingdom.¹

Last updated Oct 21, 2026.

Overview

IndustryServices-Business Services, NEC¹
HeadquartersLondon, United Kingdom¹
Incorporated inNV²
Business addressPortman House, 2 Portman Street, London, X0 W1H 6Du²
Filer categoryNon-accelerated filer, Smaller reporting company²

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(the “Purchase Price”), with RM4,500,000 allocated for the purchase price of ASB and RM2 for the purchase of Vionmall.³ 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 2023

71.5%Gross margin⁴

-1686.7%Operating margin⁴

-1680.1%Net margin⁴

-2.3%Revenue growth, 2023⁴

-221.9%Return on equity⁴

$283.0KFree cash flow⁴

Where the money goes

Where each dollar of revenue went, fiscal 2023

Cost of revenueOther costs

Cost of revenue28¢$688.6K
Other costs65¢$1.6M
Income tax7¢$165.5K

Out of $2.4M in revenue.⁴ The company lost money this year.

Where each dollar of operating cash went, fiscal 2023

Kept or used elsewhere

Capital spending4¢$12.5K
Kept or used elsewhere96¢$283.0K

Out of $295.5K of cash from operations.⁴

Financial statements

Revenue⁵⁶⁷⁸⁹⁴$2.4M in 2023+329% since 2017

Gross profit⁵⁶⁷⁸⁹⁴$1.7M in 2023+284% since 2017

Operating income⁵⁶⁷⁸⁹⁴-$40.8M in 2023+871% since 2017

Net income⁵⁶⁷⁸⁹⁴-$40.7M in 2023+883% since 2017

Fiscal year	2017	2018	2019	2020	2021	2022	2023
Revenue	$563.5K⁵	$35.2K⁶	$83.5K⁷	$18.9K⁸	$3.1K⁹	$2.5M⁴	$2.4M⁴
Cost of revenue	$112.6K⁵	$12.6K⁶	$74.1K⁷	$14.4K⁸	$2.9K⁹	$415.0K⁴	$688.6K⁴
Gross profit	$451.0K⁵	$22.6K⁶	$9.4K⁷	$4.5K⁸	$263⁹	$2.1M⁴	$1.7M⁴
Research and development					$0⁹	$0⁴	$0⁴
Operating expenses					$451.2K⁹	$1.2M⁴	$42.6M⁴
Operating income	-$4.2M⁵	-$1.4M⁶	-$985.7K⁷	-$638.3K⁸	-$450.9K⁹	$815.6K⁴	-$40.8M⁴
Income before tax					-$22.8K⁹	$748.5K⁴	-$40.5M⁴
Income tax						$420⁴	$165.5K⁴
Net income	-$4.1M⁵	-$2.3M⁶	-$476.5K⁷	$11.9K⁸	-$22.8K⁹	$748.0K⁴	-$40.7M⁴

Total assets⁵⁶⁷⁸⁹⁴$21.1M in 2023+1764% since 2017

Total liabilities⁵⁶⁷⁸⁹⁴$2.8M in 2023−10% since 2017

Shareholders’ equity⁶⁷⁸⁹⁴$18.3M in 2023

Cash⁶⁷⁸⁹⁴$3.8M in 2023+445% since 2017

Fiscal year	2017	2018	2019	2020	2021	2022	2023
Cash	$691.2K⁶	$1.0M⁷	$63.4K⁸	$46.6K⁸	$37.0K⁹	$3.8M⁴	$3.8M⁴
Inventory						$2.3K⁴	$12.0K⁴
Current assets	$900.0K⁵	$1.1M⁶	$116.6K⁷	$112.3K⁸	$124.2K⁹	$7.9M⁴	$4.3M⁴
Property, plant and equipment					$24.0K⁹	$38.9K⁴	$38.6K⁴
Goodwill						$55.8M⁴	$16.7M⁴
Intangible assets						$59.8K⁴	$34.7K⁴
Total assets	$1.1M⁵	$1.2M⁶	$178.8K⁷	$241.5K⁸	$183.0K⁹	$63.8M⁴	$21.1M⁴
Accounts payable					$78⁹	$617.7K⁴	$47.7K⁴
Current liabilities	$3.0M⁵	$5.4M⁶	$4.8M⁷	$4.9M⁸	$4.8M⁹	$4.9M⁴	$2.8M⁴
Long-term liabilities					$2.6K⁹
Total liabilities	$3.0M⁵	$5.4M⁶	$4.8M⁷	$5.0M⁸	$4.8M⁹	$4.9M⁴	$2.8M⁴
Retained earnings					-$9.6M⁹	$521.2K⁴	-$40.1M⁴
Shareholders’ equity	-$1.9M⁶	-$4.2M⁷	-$4.7M⁸	-$4.7M⁹	-$4.6M⁹	$58.9M⁴	$18.3M⁴
Shares outstanding	54.1M shares⁵	54.1M shares⁶	54.1M shares⁷	54.1M shares⁸	54.1M shares⁴	198.7M shares⁴	298.7M shares⁴

Cash from operations⁵⁶⁷⁸⁹⁴$295.5K in 2023

Capital spending⁵⁶⁷⁸⁴$12.5K in 2023−81% since 2017

Free cash flow⁵⁶⁷⁸⁴$283.0K in 2023

Fiscal year	2017	2018	2019	2020	2021	2022	2023
Cash from operations	-$691.9K⁵	-$1.4M⁶	-$378.3K⁷	$76.8K⁸	$16.5K⁹	$414.2K⁴	$295.5K⁴
Depreciation and amortization					$58.5K⁹	$21.7K⁴	$37.9K⁴
Capital spending	$64.6K⁵	$13.3K⁶	$34.2K⁷	$4.3K⁸		$112.7K⁴	$12.5K⁴
Free cash flow	-$756.5K	-$1.4M	-$412.4K	$72.4K		$301.6K	$283.0K
Cash from investing						$3.4M⁴	-$12.5K⁴
Cash from financing					-$24.5K⁹	-$180.1K⁴	-$311.9K⁴

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Corporate structure

Fintech Scion Ltd 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 Fintech Scion Ltd

Chun Hoo Lim Filed SC 13D/A on Fintech Scion Ltd, latest Jun 28, 2023 (2 filings since Dec 13, 2022)
Shalom Dodoun Filed SC 13D/A on Fintech Scion Ltd, latest Jun 27, 2023 (2 filings since Dec 15, 2022)

Fintech Scion Ltd London, United Kingdom

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Fintech Scion Ltd 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
Property and equipment, before depreciation	$73.2K⁴ Dec 31, 2023	$60.7K⁴ Dec 31, 2022	+20.6%
Accumulated depreciation	$34.6K⁴ Dec 31, 2023	$21.9K⁴ Dec 31, 2022	+58.3%
Property and equipment, net	$38.6K⁴ Dec 31, 2023	$38.9K⁴ Dec 31, 2022	−0.7%

Investments

Item	Latest	A year before	Change
Cash and cash equivalents	$3.8M⁴ Dec 31, 2023	$3.8M⁴ Dec 31, 2022	−0.7%

Intangibles and goodwill

Item	Latest	A year before	Change
Goodwill	$16.7M⁴ Dec 31, 2023	$55.8M⁴ Dec 31, 2022	−70.1%
Intangible assets, net (excluding goodwill)	$34.7K⁴ Dec 31, 2023	$59.8K⁴ Dec 31, 2022	−42.0%

Inventory

Item	Latest	A year before	Change
Inventory, total	$12.0K⁴ Dec 31, 2023	$2.3K⁴ Dec 31, 2022	+428.2%

Leadership

Who has led Fintech Scion Ltd, and when. Pick a name to see everywhere that person has worked.

Chief executive

Yee Ming Leong2016–2022

Chair

Chief financial officer

20202025

Chief executive officerYee Ming Leong Sep 7, 2016 to Dec 14, 2022¹³
ChairYee Ming Leong Jul 14, 2020 to Dec 14, 2022¹⁴
ChairWee Kiat Lim Sep 7, 2016 to Mar 26, 2021¹⁵
Chief financial officerYee Ming Leong Jul 14, 2020 to Dec 14, 2022¹⁴
Chief financial officerWee Kiat Lim Dec 16, 2019 to Mar 26, 2021¹⁶

Board members and other officers (4)

Board memberChristine Kulbas Dec 12, 2022 to Dec 12, 2022¹⁷
Board memberLip Bin Mok Dec 12, 2022 to Dec 12, 2022¹⁸
Board memberChun Hoo Lim Sep 7, 2016 to Sep 7, 2016¹⁹
Board memberYee Ming Leong Sep 7, 2016 to Apr 23, 2018¹³

Former names

HWGC Holdings LtdMar 8, 2022 to May 15, 2023²
Vitaxel Group LtdJan 11, 2016 to Jan 28, 2022²
ALBERO, CORP.Jan 5, 2015 to Dec 23, 2015²

Timeline

Oct 16, 20248-K Earlier financial statements no longer reliable²⁰
Aug 28, 20248-K Earlier financial statements no longer reliable²¹
Aug 26, 20248-K Earlier financial statements no longer reliable²²
Feb 5, 20248-K Ended a material agreement²³
Jan 29, 20248-K Executive or director change²⁴
Oct 12, 20238-K Entered a material agreement²⁵
Aug 23, 20238-K Shareholder vote²⁶
Mar 1, 20238-K Executive or director change²⁷
Feb 15, 20238-K Financial statements and exhibits²⁸
Dec 30, 20228-K Entered a material agreement; Completed an acquisition or sale²⁹
Dec 19, 20228-K Financial statements and exhibits³⁰
Nov 30, 20228-K Completed an acquisition or sale; Unregistered sale of shares; Change in control³¹
Sep 7, 2016New chief executive Yee Ming Leong becomes CEO¹³

Filings

81 filings to the SEC since October 2021: 9 annual reports, 10 quarterly reports, 23 major events, 6 insider forms, 4 large holders, 29 other. The latest 20:

The 81 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.

Chun Hoo LimSC 13D/A, 2 filings Dec 13, 2022 to Jun 28, 2023³²
Shalom DodounSC 13D/A, 2 filings Dec 15, 2022 to Jun 27, 2023³³

SEC filer profile

How Fintech Scion Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

Name on EDGARFintech Scion Ltd¹
CIK0001623590
Employer ID (EIN)30-0803939¹
Filer statusNon-accelerated filer<br>smaller reporting company¹
Incorporated inNevada¹
Fiscal year endsDecember 31¹
Industry code (SIC)7389 Services-Business Services, NEC¹
SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance¹
Business addressPortman House, 2 Portman Street, London, X0 W1H 6DU¹
Phone60321432889¹
Shares outstanding198,742,643 as of Dec 1, 2024¹²
Public float$2.6M as of Dec 31, 2022⁴
On EDGAR sinceJan 5, 2015¹
Filings192 in all: 8-K (45), 10-Q (29), UPLOAD (13), NT 10-Q (10), 10-K (9), 4 (9), 8-K/A (9), 3 (8)¹
All 30 form types
CORRESP (8), 10-K/A (7), SC 13D (6), 10-Q/A (5), NT 10-K (5), PRE 14C (5), S-1/A (4), PRE 14A (3), DEF 14C (2), S-1 (2), SC 13D/A (2), 4/A (1), 424B3 (1), 8-A12G (1), DEF 14A (1), DEFA14A (1), EFFECT (1), PRER14A (1), RW (1), S-4 (1), S-8 (1), SEC STAFF ACTION (1)
Latest filingsAnnual report (10-K) Apr 5, 2024
Quarterly report (10-Q) Dec 4, 2024
Proxy statement (DEF 14A) Jul 13, 2023
Latest 8-K (8-K) Oct 16, 2024

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARFintech Scion Ltd filings on SEC EDGAR
2
SEC EDGARFintech Scion Ltd filings on SEC EDGAR
3
SEC EDGARFintech Scion Ltd annual report, Item 1 (Business)
4
SEC EDGARFintech Scion Ltd 10-K for fiscal 2023
5
SEC EDGARFintech Scion Ltd 10-K for fiscal 2017
6
SEC EDGARFintech Scion Ltd 10-K for fiscal 2018
7
SEC EDGARFintech Scion Ltd 10-K for fiscal 2019
8
SEC EDGARFintech Scion Ltd 10-K for fiscal 2020
9
SEC EDGARFintech Scion Ltd 10-K for fiscal 2021
10
SEC EDGARFintech Scion Ltd 10-Q for fiscal 2024
11
SEC EDGARFintech Scion Ltd 10-Q for fiscal 2024
12
SEC EDGARFintech Scion Ltd 10-Q for fiscal 2024
13
SEC EDGARYee Ming Leong, Chief executive officer
14
SEC EDGARYee Ming Leong, Chair
15
SEC EDGARWee Kiat Lim, Chair
16
SEC EDGARWee Kiat Lim, Chief financial officer
17
SEC EDGARChristine Kulbas, Board member
18
SEC EDGARLip Bin Mok, Board member
19
SEC EDGARChun Hoo Lim, Board member
20
SEC EDGAREarlier financial statements no longer reliable
21
SEC EDGAREarlier financial statements no longer reliable
22
SEC EDGAREarlier financial statements no longer reliable
23
SEC EDGAREnded a material agreement
24
SEC EDGARExecutive or director change
25
SEC EDGAREntered a material agreement
26
SEC EDGARShareholder vote
27
SEC EDGARExecutive or director change
28
SEC EDGARFinancial statements and exhibits
29
SEC EDGAREntered a material agreement; Completed an acquisition or sale
30
SEC EDGARFinancial statements and exhibits
31
SEC EDGARCompleted an acquisition or sale; Unregistered sale of shares; Change in control
32
SEC EDGARChun Hoo Lim SC 13D/A on Fintech Scion Ltd
33
SEC EDGARShalom Dodoun SC 13D/A on Fintech Scion Ltd