GDHG revenueFY2025$15.29M
- FY YoY
- -31.5%
GDHG revenue was $15.29M for fiscal 2025 (ended Sep 30, 2025), down 31.5% from fiscal 2024. It rose in 1 of the last 4 fiscal years.
Golden Heaven Group Holdings Ltd. (GDHG) financials
For fiscal 2025 (ended Sep 30, 2025), Golden Heaven Group Holdings Ltd. reported $15.29M of revenue and -$8.59M of net income.
- Revenue, FY2025
- $15.29M
- Revenue growth, YoY
- -31.5%
- Net income, FY2025
- -$8.59M
- Net margin
- -56.2%
- EPS, diluted, FY2025
- -$10.83
- Cash
- $86.00M
- P/S
- 4.71
- Market cap
- $72.0M
FY2021FY2025
FY2021FY2025
FY2021FY2024
GDHG revenue and earnings growth
GDHG net incomeFY2025-$8.59M
GDHG net income was -$8.59M for fiscal 2025 (ended Sep 30, 2025), compared with -$1.80M in fiscal 2024.
GDHG EPSFY2025-$10.83
GDHG diluted EPS was -$10.83 for fiscal 2025 (ended Sep 30, 2025).
GDHG free cash flowFY2024-$3.09M
GDHG free cash flow was -$3.09M for fiscal 2024 (ended Sep 30, 2024), compared with -$27.25M in fiscal 2023.
Income statement
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 |
|---|---|---|---|---|---|
| Revenue | $15.29M | $22.33M | $31.79M | $41.79M | $38.52M |
| Cost of revenue | $7.62M | $12.33M | $12.47M | $11.62M | $11.69M |
| Gross profit | $7.67M | $10.00M | $19.31M | $30.17M | $26.83M |
| Selling, general and admin | $12.97M | $6.36M | $4.90M | $4.07M | $2.51M |
| Operating income | -$6.80M | -$19.2K | $10.73M | $21.19M | $18.72M |
| Interest expense | - | - | $6.0K | $6.2K | $4.6K |
| Pre-tax income | -$6.94M | $322.7K | $10.79M | $20.67M | $18.31M |
| Income tax | $1.65M | $2.12M | $4.24M | $6.34M | $4.73M |
| Net income | -$8.59M | -$1.80M | $6.55M | $14.33M | $13.58M |
| EPS, basic | -$10.83 | -$262.73 | $2417.00 | $5373.75 | $2625.00 |
| EPS, diluted | -$10.83 | -$262.73 | $2417.00 | $5373.75 | $2625.00 |
| Diluted shares | 793,805 | 6,838 | 2,710 | 2,666.667 | 5,333.333 |
Balance sheet
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $86.00M | $19.83M | $245.9K | $22.45M | $12.88M |
| Current assets | $110.13M | $60.62M | $14.74M | $24.49M | - |
| Total assets | $191.45M | $98.55M | $82.23M | $73.09M | - |
| Current liabilities | $4.40M | $5.82M | $14.53M | $16.07M | - |
| Short-term debt | - | - | $139.3K | - | - |
| Total liabilities | $10.80M | $14.84M | $21.18M | $23.48M | - |
| Shareholders' equity | $180.65M | $83.72M | $61.05M | $49.61M | $39.80M |
Cash flow
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 |
|---|---|---|---|---|---|
| Operating cash flow | $18.96M | -$3.01M | -$19.34M | $18.82M | -$4.96M |
| Capital expenditures | - | $75.5K | $7.91M | $275.2K | $905.2K |
| Free cash flow | - | -$3.09M | -$27.25M | $18.54M | -$5.87M |
| Investing cash flow | -$49.76M | $968.3K | -$7.91M | -$190.1K | -$859.5K |
| Financing cash flow | $97.13M | $20.31M | $5.90M | -$6.84M | $272.9K |
| Stock-based compensation | $9.35M | $2.28M | - | - | - |
| Depreciation and amortization | $3.24M | $3.68M | $3.37M | $3.20M | $3.30M |
Key ratios
| Line item | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 |
|---|---|---|---|---|---|
| Revenue growth, YoY | -31.5% | -29.7% | -23.9% | 8.5% | - |
| Net income growth, YoY | - | - | -54.3% | 5.5% | - |
| EPS growth, YoY | - | - | -55.0% | - | - |
| Gross margin | 50.2% | 44.8% | 60.8% | 72.2% | 69.7% |
| Operating margin | -44.5% | -0.1% | 33.7% | 50.7% | 48.6% |
| Net margin | -56.2% | -8.0% | 20.6% | 34.3% | 35.3% |
| Free cash flow margin | - | -13.8% | -85.7% | 44.4% | -15.2% |
| Return on equity | -4.8% | -2.1% | 10.7% | 28.9% | 34.1% |
| Return on assets | -4.5% | -1.8% | 8.0% | 19.6% | - |
| Current ratio | 25.01 | 10.41 | 1.01 | 1.52 | - |
Source: XBRL data Golden Heaven Group Holdings Ltd. files with the SEC, latest filing dated Jan 21, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-50, first reported Jan 27, 2025; 1-for-375, first reported Jan 21, 2026.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
GDHG peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| GDHG | $15.29M | -31.5% | -$8.59M | -56.2% | $72.0M |
| DIS | $98.86B | +4.6% | $8.60B | 8.7% | $202.40B |
| LYV | $27.88B | +13.5% | $151.08M | 0.5% | $42.71B |
| TKO | $5.54B | +19.8% | $287.24M | 5.2% | $35.80B |
| WMG | $7.30B | +12.9% | $672.00M | 9.2% | $16.70B |
| DKNG | $6.22B | +15.0% | -$166.90M | -2.7% | $11.68B |
| LLYVK | $451.16M | +28.3% | -$50.39M | -11.2% | $9.97B |
| LLYVA | $451.16M | +28.3% | -$50.39M | -11.2% | $9.55B |
| MSGS | $1.15B | +11.0% | $7.76M | 0.7% | $9.36B |
GDHG FAQ
8 questionsWhat is GDHG revenue?
Golden Heaven Group Holdings Ltd. (GDHG) reported $15.29M of revenue for fiscal 2025 (ended Sep 30, 2025). That is down 31.5% from the year before.Is GDHG profitable?
No. Golden Heaven Group Holdings Ltd. reported a net loss of $8.59M for fiscal 2025 (ended Sep 30, 2025).How much cash and debt does GDHG have?
Golden Heaven Group Holdings Ltd. reported $86.00M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is GDHG revenue growing?
Golden Heaven Group Holdings Ltd.'s revenue changed -31.5% in fiscal 2025, to $15.29M.What is GDHG gross margin?
Golden Heaven Group Holdings Ltd.'s gross profit was $7.67M on $15.29M of revenue for fiscal 2025 (ended Sep 30, 2025), a gross margin of 50.2%.What is GDHG earnings per share?
Diluted earnings per share were -$10.83 for fiscal 2025 (ended Sep 30, 2025), from SEC filings, restated for any stock split those filings show.When did GDHG last report financial results?
The latest statements here come from Golden Heaven Group Holdings Ltd.'s 20-F filed on Jan 21, 2026, covering the period ended Sep 30, 2025.Where does this GDHG financial data come from?
Quantisnow builds these statements from the structured XBRL data Golden Heaven Group Holdings Ltd. files with the SEC. It is provided for information only and is not investment advice.