# J & Friends Holdings Ltd: overview

JF · Nasdaq · CIK 1716338 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

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

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

Not reported.

## 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 | [27.2](/filings/0001193125-22-125009.md) | [10.8](/filings/0001104659-23-059935.md) | [7.4](/filings/0001104659-24-055026.md) | [4.8](/filings/0001410578-25-000773.md) | [1.6](/filings/0001104659-26-048056.md) |
| Gross margin | % | [48.2%](/filings/0001193125-22-125009.md) | [15.9%](/filings/0001104659-23-059935.md) | [0.6%](/filings/0001104659-26-048056.md) | [63.5%](/filings/0001410578-25-000773.md) | [71.5%](/filings/0001104659-26-048056.md) |
| Operating margin | % | [(41.2%)](/filings/0001193125-22-125009.md) | [(109.3%)](/filings/0001104659-23-059935.md) | [4.6%](/filings/0001104659-26-048056.md) | [(6.1%)](/filings/0001104659-26-048056.md) | [(83.9%)](/filings/0001104659-26-048056.md) |
| Net margin | % | [(58.7%)](/filings/0001193125-22-125009.md) | [(255.0%)](/filings/0001104659-23-059935.md) | [(148.5%)](/filings/0001104659-26-048056.md) | [(44.6%)](/filings/0001104659-26-048056.md) | [(82.9%)](/filings/0001104659-26-048056.md) |
| Diluted EPS | $ per share | [(0.05)](/filings/0001193125-22-125009.md) | [(0.09)](/filings/0001104659-23-059935.md) | [(0.02)](/filings/0001104659-26-048056.md) | [(0.00)](/filings/0001104659-26-048056.md) | [(0.00)](/filings/0001104659-26-048056.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues; 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.

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/jf/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 |
| --- | --- | ---: | ---: | --- | --- |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $82.8k | 78,144 |  | Added +17,899 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $21.9k | 20,664 |  | New +20,664 |
| [XTX Topco Ltd](/funds/1828301.md) | 2026-06-30 | $19.6k | 18,471 |  | Reduced −6,521 |
| [SmartHarvest Portfolios, LLC](/funds/2066604.md) | 2026-06-30 | $16.4k | 15,349 |  | Reduced −2,249 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $12.4k | 11,550 |  | Unchanged |
| [TWO SIGMA SECURITIES, LLC](/funds/1450144.md) | 2026-06-30 | $12.0k | 11,254 |  | Reduced −4,491 |
| [BNP PARIBAS FINANCIAL MARKETS](/funds/1166588.md) | 2026-06-30 | $10.0k | 9,440 |  | Unchanged |
| [Integrated Wealth Concepts LLC](/funds/1737109.md) | 2026-06-30 | $1.4k | 1,339 |  | New +1,339 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $264 | 247 |  | Reduced −203 |
| [HRT FINANCIAL LP](/funds/1475597.md) | 2026-06-30 | $18 | 17,835 |  | New +17,835 |

## Recent filings

[All 153 filings](/companies/jf/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-05-07 | 07:22 ET | [6-K](/filings/0001104659-26-056677.md) | Report of a foreign private issuer, period 2026-05-07 | 0001104659-26-056677 |
| 2026-04-24 | 06:17 ET | [20-F](/filings/0001104659-26-048056.md) | Annual report of a foreign private issuer, period 2025-12-31 | 0001104659-26-048056 |
| 2026-01-15 | 06:15 ET | [6-K](/filings/0001104659-26-003860.md) | Report of a foreign private issuer, period 2026-01-15 | 0001104659-26-003860 |
| 2026-01-09 | 16:01 ET | [6-K](/filings/0001104659-26-002453.md) | Report of a foreign private issuer, period 2026-01-09 | 0001104659-26-002453 |
| 2025-12-04 | 17:15 ET | [6-K](/filings/0001104659-25-118509.md) | Report of a foreign private issuer, period 2025-12-04 | 0001104659-25-118509 |
| 2025-11-12 | 16:30 ET | [6-K](/filings/0001104659-25-110433.md) | Report of a foreign private issuer, period 2025-11-12 | 0001104659-25-110433 |
| 2025-10-24 | 17:00 ET | [6-K](/filings/0001104659-25-102189.md) | Report of a foreign private issuer, period 2025-10-24 | 0001104659-25-102189 |
| 2025-10-20 | 06:02 ET | [6-K](/filings/0001104659-25-100542.md) | Report of a foreign private issuer, period 2025-10-20 | 0001104659-25-100542 |
| 2025-09-19 | 17:00 ET | [6-K](/filings/0001104659-25-091715.md) | Report of a foreign private issuer, period 2025-09-19 | 0001104659-25-091715 |
| 2025-09-05 | 17:00 ET | [6-K](/filings/0001104659-25-087885.md) | Report of a foreign private issuer, period 2025-09-05 | 0001104659-25-087885 |

## Latest annual report

[Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-048056.md), filed Apr 24, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1716338
- Tickers: JF
- Exchange: Nasdaq
- SIC code: 7370 Services-Computer Programming, Data Processing, Etc.
- State of incorporation: E9
- Filer category: Non-accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:46 ET. No prices; not investment advice.
