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MVNC on OTC

Marvion Inc.

Marvion Inc. is an American finance services company, incorporated in Nevada, listed on OTC (MVNC).1

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Last updated Oct 21, 2026.

Overview

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  • TickerMVNC on OTC1
  • IndustryFinance Services1
  • HeadquartersNV1
  • Incorporated inNV2
  • Business addressUnit B, 15/F, Teda Building, 87 Wing Lok Street, Sheung Wan2
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

44.1%Gross margin4
6.0%Operating margin4
9.9%Net margin4
124.8%Revenue growth, 20254

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Supply Chain brought in 94% of the revenue Marvion Inc. broke down this way in fiscal 2025.

  1. Supply Chain$3.3M494%up 144% from 2024
  2. Financial$218.4K46%up 5% from 2024
Business segments by year
Business segments20242025
Supply Chain$1.3M$3.3M
Financial$208.7K$218.4K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue56¢$1.9M
  • Other costs34¢$1.2M
  • Income tax0¢$4.6K
  • Profit10¢$345.1K

Out of $3.5M in revenue.4

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$441.2K

Out of $441.2K of cash from operations.4

Financial statements

Revenue56784$3.5M in 2025
0$5.0M$10.0M$15.0M2020: $0$020202021: $297.1K$297.1K20212022: $11.5M$11.5M2022+3765%2023: $659.5K$659.5K2023−94%2024: $1.5M$1.5M2024+134%2025: $3.5M$3.5M2025+125%
Gross profit56784$1.5M in 2025
0$1.0M$2.0M$3.0M2020: $0$020202021: $209.3K$209.3K20212022: $2.8M$2.8M2022+1232%2023: $281.6K$281.6K2023−90%2024: $763.8K$763.8K2024+171%2025: $1.5M$1.5M2025+100%
Operating income56784$208.4K in 2025
-$15.0M-$10.0M-$5.0M0$5.0M2020: -$865-$86520202021: -$2.1M-$2.1M2021+244518%2022: -$10.0M-$10.0M2022+374%2023: $26.1K$26.1K20232024: -$615.0K-$615.0K20242025: $208.4K$208.4K2025
Net income56784$345.1K in 2025
-$15.0M-$10.0M-$5.0M0$5.0M2020: -$865-$86520202021: -$2.1M-$2.1M2021+245111%2022: -$10.0M-$10.0M2022+374%2023: $9.3K$9.3K20232024: -$733.7K-$733.7K20242025: $345.1K$345.1K2025

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
Revenues, net$3.5M$1.5M
Cost of revenues-$1.9M-$780.3K
Gross profit$1.5M$763.8K
General and administrative expenses-$1.3M-$1.4M
Total operating expenses-$1.3M-$1.4M
Income (loss) from operations$208.4K-$615.0K
Interest income$688$1.9K
Interest expense-$216.7K-$120.6K
Gain on debt extinguishment$348.1K$0
Total other incomes (expenses), net$132.1K-$118.7K
Income (loss) before income taxes$340.5K-$733.7K
Income tax benefit$4.6K$0
Net income (loss)$345.1K-$733.7K
Foreign currency adjustment loss-$3.8K-$2.1K
Comprehensive income (loss)$341.3K-$735.8K
Basic$0.00$0.00
Diluted$0.00$0.00
Basic335.6M shares194.2M shares
Diluted335.6M shares194.2M shares

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Corporate structure

Marvion Inc. sits at the top of its group. 5 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Marvion Inc. NV
    • KSK Logistics Limited (“KSK”) Subsidiary · Hong Kong
    • Propose Enterprise Limited (“PEL”) Subsidiary · Hong Kong
    • United Warehouse Management Corp. (“UWMC”) Subsidiary · British Virgin Islands
    • United Warehouse Management Limited (“UWML”) Subsidiary · Hong Kong

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Marvion 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

ItemLatestA year beforeChange
Property and equipment, before depreciation$3.3M4 Dec 31, 2025$1.9M4 Dec 31, 2024+78.8%
Accumulated depreciation$341.8K4 Dec 31, 2025$110.6K4 Dec 31, 2024+209.2%
Property and equipment, net$3.0M4 Dec 31, 2025$1.7M4 Dec 31, 2024+70.5%
Operating-lease assets (leased space)$1.6M4 Dec 31, 2025$1.2M4 Dec 31, 2024+29.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$762.3K4 Dec 31, 2025$322.4K4 Dec 31, 2024+136.4%

Properties, in its own words

Our corporate and executive office is located at Unit B, 15/F, Teda Building, 87 Wing Lok Street, Sheung Wan, Hong Kong, telephone number +852-21114437.

We also lease the following properties for use as warehouse facilities and corporate office:

The rest of Item 2

Location · Parcel Size/Warehouse Size · Monthly Rent · Expiration

Hong Kong · Approx. 140,000 sq. ft. · HKD 100,000 (approx. $12,823) for first six years Market rate but not less than HKD 100,000 (for next six years) · March 30, 2030, renewable for another 6 years thereafter

Hong Kong · Approx. 700 sq ft. · HKD 19,500 (approx. $2,500) (until December 31, 2026) Thereafter, the monthly service fee may increase no more than 10% · December 31, 2026

We believe that our current facilities are adequate for our current needs. We expect to secure new facilities or expand existing facilities as necessary to support future growth. We believe that suitable additional space will be available on commercially reasonable terms as needed to accommodate our operations.

Item 2 of the 10-K filed Mar 31, 2026.11

Leadership

Who has led Marvion Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Sze Yu Chan2024–now

Chief financial officer

  1. Sze Yu Chan2024–now
2025
Board members and other officers (1)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • KSK Logistics Limited (“KSK”) Hong Kong3
  • Propose Enterprise Limited (“PEL”) Hong Kong3
  • United Warehouse Management Corp. (“UWMC”) British Virgin Islands3
  • United Warehouse Management Limited (“UWML”) Hong Kong3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Bonanza Goldfields Corp.Oct 26, 2021 to May 15, 20232
  • Bonanza Goldfield Corp.Jul 11, 2008 to Oct 6, 20172

Timeline

  1. Feb 3, 20268-K Entered a material agreement13
  2. Dec 31, 20258-K Other events14
  3. Dec 19, 20258-K Entered a material agreement15
  4. Dec 2, 20258-K Other events16
  5. Apr 3, 20258-K Entered a material agreement17
  6. Mar 24, 20258-K Change of auditor18
  7. Nov 15, 20248-K Entered a material agreement19
  8. Sep 30, 20248-K Executive or director change20
  9. Sep 13, 20248-K Completed an acquisition or sale21
  10. Aug 29, 2024New chief executive Sze Yu Chan becomes CEO12
  11. Aug 15, 20248-K Executive or director change22
  12. Aug 15, 20248-K Entered a material agreement23
  13. Jul 5, 20248-K Entered a material agreement24

Filings

83 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 19 major events, 3 insider forms, 39 other. The latest 20:

  1. Sep 15, 2026DEF 14C DEFINITIVE INFORMATION STATEMENT EDGAR
  2. Aug 17, 2026PRE 14C PRELIMINARY INFORMATION STATEMENT EDGAR
  3. Aug 14, 202610-Q FORM 10-Q FOR JUN 2026 EDGAR
  4. May 14, 202610-Q FORM 10-Q FOR MAR 2026 EDGAR
  5. Mar 31, 202610-K FORM 10-K FOR DEC 2025 EDGAR
  6. Feb 6, 20265 EDGAR
  7. Feb 3, 20268-K EDGAR
  8. Dec 31, 20258-K CURRENT REPORT EDGAR
  9. Dec 19, 20258-K CURRENT REPORT EDGAR
  10. Dec 2, 20258-K CURRENT REPORT EDGAR
  11. Nov 14, 202510-Q FORM 10-Q FOR SEP 2025 EDGAR
  12. Aug 14, 202510-Q FORM 10-Q FOR JUN 2025 EDGAR
  13. May 19, 202510-Q FORM 10-Q FOR MAR 2025 EDGAR
  14. May 15, 2025NT 10-Q 10-Q EXTENSION EDGAR
  15. Apr 25, 202510-K FORM 10-K FOR 2024 EDGAR
  16. Apr 3, 20258-K EDGAR
  17. Mar 31, 2025NT 10-K EXTENSION EDGAR
  18. Mar 24, 20258-K EDGAR
  19. Feb 11, 2025S-8 EDGAR
  20. Jan 21, 2025DEF 14C DEFINITIVE INFORMATION STATEMENT EDGAR

The 83 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.

SEC filer profile

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

  • Name on EDGARMarvion Inc.1
  • CIK0001439264
  • Employer ID (EIN)26-272301511
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company11
  • Incorporated innevada11
  • Fiscal year endsDecember 311
  • Industry code (SIC)6199 Finance Services1
  • SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
  • Business addressUnit B, 15/F, Teda Building, 87 Wing Lok Street, Sheung Wan, Hong Kong1
  • Phone852 2111 44371
  • Shares outstanding390,024,555 as of Aug 3, 202610
  • Public float$5.0M as of Jun 30, 202511
  • AuditorVictor Mokuolu, CPA PLLC, Houston, Texas PCAOB ID 6771; it also attests to the company’s internal control over financial reporting11
  • On EDGAR sinceJul 11, 20081
  • Filings175 in all: 8-K (45), 10-Q (31), UPLOAD (11), 10-K (10), 10-Q/A (10), CORRESP (9), NT 10-Q (9), 10-12G/A (7)1
    All 28 form types

    10-K/A (6), NT 10-K (6), DEF 14C (5), PRE 14C (4), 8-K/A (3), S-1/A (3), S-1 (2), S-8 (2), 10-12G (1), 15-12G (1), 3 (1), 4 (1), 424B3 (1), 5 (1), 8-A12G (1), D (1), EFFECT (1), RW (1), SC 13G (1), SC 13G/A (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Latest 8-K (8-K) Feb 3, 2026

Risk factors and legal proceedings

The risks Marvion Inc. names in Item 1A of its 10-K filed Mar 31, 2026: 29 risks under these headings, as written.11

  • Risks Related to the Business
  • We are dependent on centralized functions.
  • Our costs may be affected by the market land value in the local market.
  • There are legal liabilities associated with operating a warehouse including those relating to safety and custody of products stored in the warehouse. Any losses arising from accidents to personnel operating the warehouse or damage to products stored in the warehouse may materially and adversely affect our business and results of operations.
  • Competition from mainland China and other cross-regional players may adversely affect our business and results of operations.
  • Risks Related to Our Finances and Capital Requirements
  • We will need additional funding and may be unable to raise capital when needed, which would force us to delay any business expansions or acquisitions.
  • Raising additional capital may cause dilution to our existing stockholders, restrict our operations or require us to relinquish proprietary rights.
  • Risks Relating to Doing Business in Hong Kong.
  • We face the risk that changes in the policies of the PRC government could have a significant impact upon the business we may be able to conduct in Hong Kong and the profitability of such business.
  • Substantial uncertainties and restrictions with respect to the political and economic policies of the PRC government and PRC laws and regulations could have a significant impact upon the business that we may be able to conduct in the PRC and accordingly on the results of our operations and financial condition.
  • Adverse regulatory developments in China may subject us to additional regulatory review, and additional disclosure requirements and regulatory scrutiny to be adopted by the SEC in response to risks related to recent regulatory developments in China may impose additional compliance requirements for companies like us with significant China-based operations, all of which could increase our compliance costs, subject us to additional disclosure requirements.
The other 19 risks
  • We may be exposed to liabilities under the Foreign Corrupt Practices Act, and any determination that we violated the Foreign Corrupt Practices Act could have a material adverse effect on our business.
  • PRC regulation of loans to and direct investment in PRC entities by offshore holding companies and governmental control of currency conversion may delay or prevent us from using the proceeds we receive from offshore financing activities to make loans to or make additional capital contributions to our Hong Kong subsidiaries, which could materially and adversely affect our liquidity and our ability to fund and expand business.
  • Because our holding company structure creates restrictions on the payment of dividends or other cash payments, our ability to pay dividends or make other payments is limited.
  • Our Hong Kong subsidiary may be subject to restrictions on paying dividends or making other payments to us, which may restrict its ability to satisfy liquidity requirements, conduct business and pay dividends to holders of our common stock.
  • If any dividend is declared in the future and paid in a foreign currency, you may be taxed on a larger amount in U.S. dollars than the U.S. dollar amount that you will actually ultimately receive.
  • Dividends payable to our foreign investors and gains on the sale of our shares of common stock by our foreign investors may become subject to tax by the PRC.
  • Our global income may be subject to PRC taxes under the PRC Enterprise Income Tax Law, which could have a material adverse effect on our results of operations.
  • We and our shareholders face uncertainties with respect to indirect transfers of equity interests in PRC resident enterprises by their non-PRC holding companies.
  • PRC laws and regulations have established more complex procedures for certain acquisitions of Chinese companies by foreign investors, which could make it more difficult for us to pursue growth through acquisitions in China.
  • Failure to comply with PRC regulations regarding the registration requirements for employee stock ownership plans or share option plans may subject the PRC plan participants or us to fines and other legal or administrative sanctions.
  • If we become directly subject to the recent scrutiny, criticism and negative publicity involving U.S.-listed Chinese companies, we may have to expend significant resources to investigate and resolve the matter which could harm our business operations and our reputation and could result in a loss of your investment in our shares, especially if such matter cannot be addressed and resolved favorably.
  • Substantially all of our assets and all of our officers and directors are located in Hong Kong. As a result, it may be difficult for stockholders to enforce any judgment obtained in the United States against us, our officers or directors, which may limit the remedies otherwise available to our stockholders.
  • Risks Relating to Securities Markets and Investment in Our Stock
  • There is not now and there may not ever be an active market for our Common Stock. There are restrictions on the transferability of these securities.
  • Our common stock is subject to the “penny stock” rules of the sec and the trading market in our securities is limited, which makes transactions in our stock cumbersome and may reduce the value of an investment in our stock.
  • You may experience substantial dilution of your investment in our securities as a result of the potential conversion of certain outstanding preferred stock into shares of our common stock.
  • State securities laws may limit secondary trading, which may restrict the states in which and conditions under which you can sell the shares offered by this registration statement.
  • Anti-takeover effects of certain provisions of Nevada state law hinder a potential takeover of our company.
  • Because we do not intend to pay any cash dividends on our common stock, our stockholders will not be able to receive a return on their shares unless they sell them.
  • Our stock may be subject to substantial price and volume fluctuations due to a number of factors, many of which are beyond our control and may prevent our stockholders from reselling our Common Stock at a profit.

Legal proceedings

There are no material pending legal proceedings to which we or our subsidiaries are a party or to which any of our or their property is subject, nor are there any such proceedings known to be contemplated by governmental authorities. None of our directors, officers, affiliates or any owner of record or beneficially of more than 5% of our common stock, or any associate of any of the foregoing, is involved in a proceeding adverse to our business or has a material interest adverse to our business.

The opening of Item 3, Legal Proceedings.11

Sources

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

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    SEC EDGAROther events
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    SEC EDGAROther events
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