# Alset Inc.: overview

AEI · Nasdaq · CIK 1750106 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/aei.md) · [Financials](/companies/aei/financials.md) · [Filings](/companies/aei/filings.md) · [Insiders](/companies/aei/insiders.md)

Latest reported revenue: [$988.5k](/filings/0001493152-26-038402.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 14, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001493152-26-038402).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [5.0](/filings/0001493152-25-023460.md) | [8.9 d](/filings/0001493152-26-014302.md) | [1.1](/filings/0001493152-26-023104.md) | [1.1](/filings/0001493152-26-038402.md) | [1.0](/filings/0001493152-25-023460.md) | [1.3 d](/filings/0001493152-26-014302.md) | [1.0](/filings/0001493152-26-023104.md) | [1.0](/filings/0001493152-26-038402.md) |
| Gross margin | % | [40.5% d](/filings/0001493152-25-023460.md) | [51.4% d](/filings/0001493152-26-014302.md) | [27.2%](/filings/0001493152-26-023104.md) | [(10.4%) d](/filings/0001493152-26-038402.md) | [61.4% d](/filings/0001493152-25-023460.md) | [35.2% d](/filings/0001493152-26-014302.md) | [28.1%](/filings/0001493152-26-023104.md) | [8.5% d](/filings/0001493152-26-038402.md) |
| Operating margin | % | [(19.4%)](/filings/0001493152-25-023460.md) | [21.5% d](/filings/0001493152-26-014302.md) | [(368.1%)](/filings/0001493152-26-023104.md) | [(250.7%)](/filings/0001493152-26-038402.md) | [(258.2%)](/filings/0001493152-25-023460.md) | [(451.0%) d](/filings/0001493152-26-014302.md) | [(270.4%)](/filings/0001493152-26-023104.md) | [(181.4%)](/filings/0001493152-26-038402.md) |
| Net margin | % | [34.6%](/filings/0001493152-25-023460.md) | [26.0% d](/filings/0001493152-26-014302.md) | [(780.1%)](/filings/0001493152-26-023104.md) | [(748.1%)](/filings/0001493152-26-038402.md) | [151.4%](/filings/0001493152-25-023460.md) | [(2481.1%) d](/filings/0001493152-26-014302.md) | [(461.1%)](/filings/0001493152-26-023104.md) | [(533.4%)](/filings/0001493152-26-038402.md) |
| Diluted EPS | $ per share | [0.19](/filings/0001493152-25-023460.md) | not reported | [(0.78)](/filings/0001493152-26-023104.md) | [(0.71)](/filings/0001493152-26-038402.md) | [0.05](/filings/0001493152-25-023460.md) | not reported | [(0.12)](/filings/0001493152-26-023104.md) | [(0.14)](/filings/0001493152-26-038402.md) |
| Free cash flow | $m | [(2.9) d](/filings/0001493152-25-023460.md) | [13.9 d](/filings/0001493152-26-014302.md) | [(3.8)](/filings/0001493152-26-023104.md) | [(2.7) d](/filings/0001493152-26-038402.md) | [0.8 d](/filings/0001493152-25-023460.md) | [(0.5) d](/filings/0001493152-26-014302.md) | [(1.5)](/filings/0001493152-26-023104.md) | [(7.8) d](/filings/0001493152-26-038402.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [19.8](/filings/0001493152-23-010224.md) | [4.5](/filings/0001493152-24-012509.md) | [22.1](/filings/0001641172-25-001709.md) | [21.1](/filings/0001493152-26-014302.md) | [4.5](/filings/0001493152-26-014302.md) |
| Gross margin | % | [42.9%](/filings/0001493152-23-010224.md) | [16.7%](/filings/0001493152-24-012509.md) | [34.0%](/filings/0001641172-25-001709.md) | [39.5%](/filings/0001493152-26-014302.md) | [27.9%](/filings/0001493152-26-014302.md) |
| Operating margin | % | [(75.7%)](/filings/0001493152-23-010224.md) | [(158.2%)](/filings/0001493152-24-012509.md) | [(13.0%)](/filings/0001641172-25-001709.md) | [(19.5%)](/filings/0001493152-26-014302.md) | [(338.9%)](/filings/0001493152-26-014302.md) |
| Net margin | % | [(601.1%)](/filings/0001493152-22-008442.md) | [(903.7%)](/filings/0001493152-24-012509.md) | [(266.9%)](/filings/0001641172-25-001709.md) | [(18.8%)](/filings/0001493152-26-014302.md) | [(1060.5%)](/filings/0001493152-26-014302.md) |
| Diluted EPS | $ per share | [(3.69)](/filings/0001493152-22-008442.md) | [(6.22)](/filings/0001493152-24-012509.md) | [(6.52)](/filings/0001641172-25-001709.md) | [(0.43)](/filings/0001493152-26-014302.md) | [(2.22)](/filings/0001493152-26-014302.md) |
| Free cash flow | $m | [(16.9)](/filings/0001493152-23-010224.md) | [(32.5)](/filings/0001493152-24-012509.md) | [7.4](/filings/0001641172-25-001709.md) | [5.1](/filings/0001493152-26-014302.md) | [(6.1)](/filings/0001493152-26-014302.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareBasicAndDiluted; Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/aei/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $747.8k | 519,289 |  | Added +11,279 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $665.1k | 461,642 |  | Reduced −11,553 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $607.5k | 421,880 |  | Reduced −1,573 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $280.6k | 194,830 |  | Added +1,573 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $245.8k | 170,676 |  | Unchanged |
| [Empowered Funds, LLC](/funds/1592828.md) | 2026-06-30 | $189.4k | 131,526 |  | Added +10,059 |
| [BRIDGEWAY CAPITAL MANAGEMENT, LLC](/funds/1107261.md) | 2026-06-30 | $189.4k | 131,526 |  | Added +10,059 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $148.8k | 103,366 |  | Reduced −3,900 |
| [NORTHERN TRUST CORP](/funds/73124.md) | 2026-06-30 | $143.3k | 99,514 |  | Reduced −3,185 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $21.2k | 14,744 |  | Reduced −7,230 |

## Recent filings

[All 336 filings](/companies/aei/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-20 | 22:30 ET | [DEF 14A](/filings/0001493152-26-047636.md) | Proxy statement, period 2026-10-19 | 0001493152-26-047636 |
| 2026-09-21 | 20:15 ET | [8-K](/filings/0001493152-26-043566.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001493152-26-043566 |
| 2026-08-14 | 20:16 ET | [10-Q](/filings/0001493152-26-038402.md) | Quarterly report, period 2026-06-30 | 0001493152-26-038402 |
| 2026-06-25 | 21:15 ET | [8-K](/filings/0001493152-26-030176.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001493152-26-030176 |
| 2026-05-14 | 20:16 ET | [10-Q](/filings/0001493152-26-023104.md) | Quarterly report, period 2026-03-31 | 0001493152-26-023104 |
| 2026-05-07 | 21:00 ET | [8-K](/filings/0001493152-26-021752.md) | 1.01 Entry into a material agreement; 1.02 Termination of a material agreement; 9.01 Financial statements and exhibits | 0001493152-26-021752 |
| 2026-03-31 | 21:06 ET | [10-K](/filings/0001493152-26-014302.md) | Annual report, period 2025-12-31 | 0001493152-26-014302 |
| 2026-03-30 | 21:39 ET | [8-K](/filings/0001493152-26-013661.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001493152-26-013661 |
| 2026-02-06 | 00:11 ET | [8-K](/filings/0001493152-26-005416.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001493152-26-005416 |
| 2025-12-04 | 21:30 ET | [8-K](/filings/0001493152-25-026190.md) | 5.07 Shareholder vote results | 0001493152-25-026190 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001493152-26-014302.md), filed Mar 31, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/46fd59e5-336b-4a6a-984a-6df3ff6fd9ba)

## About the filer

- CIK: 1750106
- Tickers: AEI
- Exchange: Nasdaq
- SIC code: 6500 Real Estate
- State of incorporation: TX
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:47 ET. No prices; not investment advice.
