Quarterly ResultJun 16, 2026, 04:12 PM
Aimei Health Technology Q1 Net Income Falls to $45,440
AI Summary
Aimei Health Technology Co., Ltd. (AFJK) filed its 10-Q for the period ending March 31, 2026. The company reported a decrease in net income to $45,440 from $184,662 in the prior year's quarter, primarily due to lower interest income from its trust account. Operating costs also saw a reduction. Total assets grew slightly, while liabilities and shareholders' deficit also increased.
Key Highlights
- Aimei Health Technology Co., Ltd. reported net income of $45,440 for the three months ended March 31, 2026, compared to $184,662 for the same period in 2025.
- General, administrative and operational costs decreased significantly to $61,984 for Q1 2026 from $413,414 in Q1 2025.
- Interest earned on cash held in trust decreased to $107,424 for Q1 2026 from $598,076 in Q1 2025.
- Total assets increased to $12,294,903 as of March 31, 2026, from $12,103,039 as of December 31, 2025.
- Total liabilities increased to $4,208,084 as of March 31, 2026, from $4,061,660 as of December 31, 2025.
- Shareholders' deficit widened to $4,189,377 as of March 31, 2026, from $4,058,731 as of December 31, 2025.
Price Impact
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