Wellchange FY25 net loss widens to US$7.32 million; revenue drops 41.6% to US$1.35 million

• Wellchange Holdings earnings for fiscal 2025 swung to a net loss of US$7.32 million from net income a year earlier as revenue fell 41.6% to US$1.35 million.
• Operating loss widened to US$6.32 million from US$456,630, with selling and marketing expenses more than doubled to US$4.06 million.
• Gross profit dropped 64.4% to US$575,108, with gross margin narrowing 27.3 percentage points to 42.7%.
• Cost of revenues rose 11.7% to 772,976 on higher amortization of intangible assets tied to a US$3.84 million purchase or development of new ERP systems from a third party.
• Cash and cash equivalents climbed to US$2.81 million from US$250,312, while net cash used in operating activities widened to US$6.32 million from US$316,126.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wellchange Holdings Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-055994), on May 14, 2026, and is solely responsible for the information contained therein.