JF revenueFY2025$1.60M
- FY YoY
- -66.8%
- 5Y CAGR
- -51.2%
JF revenue was $1.60M for fiscal 2025 (ended Dec 31, 2025), down 66.8% from fiscal 2024. Compound annual growth was -51.2% over 5 years. It rose in 1 of the last 7 fiscal years.
Financials · JF
J and Friends Holdings Limited (JF) financials
For fiscal 2025 (ended Dec 31, 2025), J and Friends Holdings Limited reported $1.60M of revenue and -$1.32M of net income.
- Revenue, FY2025
- $1.60M
- Revenue growth, YoY
- -66.8%
- Net income, FY2025
- -$1.32M
- Net margin
- -82.9%
- EPS, diluted, FY2025
- -$0.00
- Cash
- $945.0K
- Total debt
- $1.80M
- P/S
- 10.79
- Market cap
- $17.2M
FY2018FY2025
FY2018FY2025
JF revenue and earnings growth
JF net incomeFY2025-$1.32M
JF net income was -$1.32M for fiscal 2025 (ended Dec 31, 2025), compared with -$2.15M in fiscal 2024.
JF EPSFY2025-$0.00
JF diluted EPS was -$0.00 for fiscal 2025 (ended Dec 31, 2025), compared with -$0.00 in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.60M | $4.82M | $7.44M | $10.81M | $27.18M | $57.97M | $184.61M | $153.10M |
| Cost of revenue | - | $1.76M | $5.39M | $9.09M | $14.08M | $43.80M | $110.56M | $80.74M |
| Gross profit | $1.14M | $3.06M | $46.0K | $1.72M | $13.11M | $14.17M | $74.05M | $72.36M |
| Research and development | - | $311.0K | $17.0K | $2.31M | $3.56M | $5.75M | $11.36M | $13.82M |
| Selling, general and admin | $1.44M | $293.0K | $264.0K | $7.29M | $13.83M | $22.64M | $157.33M | $45.52M |
| Operating income | -$1.34M | -$294.0K | $346.0K | -$11.82M | -$11.20M | -$31.70M | -$104.63M | -$1.47M |
| Pre-tax income | -$807.0K | -$318.0K | -$5.71M | -$28.13M | -$16.00M | -$37.85M | -$129.93M | $1.15M |
| Income tax | -$65.0K | $94.0K | -$1.96M | $366.0K | $1.08M | $7.54M | $283.0K | $831.0K |
| Net income | -$1.32M | -$2.15M | -$11.05M | -$27.57M | -$15.96M | -$45.05M | -$130.13M | $315.0K |
| EPS, basic | -$0.00 | -$0.00 | -$0.02 | -$0.09 | -$0.05 | -$0.15 | -$0.46 | - |
| EPS, diluted | -$0.00 | -$0.00 | -$0.02 | -$0.09 | -$0.05 | -$0.15 | -$0.46 | - |
| Diluted shares | 582.0M | 554.7M | 494.7M | 300.1M | 299.7M | 297.3M | 282.1M | 101.1M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $945.0K | $3.69M | $5.71M | $36.21M | $31.59M | $59.19M | $15.75M | $65.71M |
| Short-term investments | - | - | - | $145.0K | - | - | - | - |
| Receivables | $325.0K | $472.0K | $222.0K | $2.70M | $5.78M | $7.81M | $10.66M | $6.93M |
| Inventory | $134.0K | - | - | - | - | - | - | - |
| Current assets | $1.81M | $12.94M | $15.28M | $56.43M | $82.68M | $110.48M | $166.60M | $322.20M |
| Goodwill | $3.76M | - | - | - | - | - | $5.05M | $3.73M |
| Total assets | $9.35M | $14.17M | $15.98M | $76.68M | $119.45M | $149.96M | $224.16M | $344.41M |
| Current liabilities | $1.44M | $67.58M | $68.94M | $76.26M | $63.55M | $79.94M | $155.36M | $186.24M |
| Short-term debt | $0 | $250.0K | - | - | - | $19.92M | $45.97M | $32.00M |
| Long-term debt | $1.80M | $0 | - | - | - | - | $11.49M | - |
| Total debt | $1.80M | $250.0K | - | - | - | - | $57.46M | $3.13M |
| Total liabilities | $3.27M | $68.30M | $69.62M | $112.51M | $129.66M | $142.60M | $172.64M | $190.64M |
| Shareholders' equity | $1.49M | -$56.04M | -$53.63M | -$35.83M | -$35.30M | -$18.23M | $27.22M | $153.77M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $146.0K | -$2.07M | $1.22M | -$1.52M | -$5.05M | $8.73M | $25.15M | $15.75M |
| Investing cash flow | -$5.27M | -$11.0K | $4.98M | $12.57M | -$18.75M | $29.52M | -$77.38M | $36.45M |
| Financing cash flow | $1.55M | $254.0K | -$36.32M | -$8.39M | -$20.77M | -$43.93M | $32.23M | -$7.17M |
| Stock-based compensation | $14.0K | - | -$972.0K | $657.0K | $596.0K | $1.82M | $2.56M | $19.09M |
| Depreciation and amortization | $190.0K | - | $267.0K | $807.0K | $1.94M | $2.33M | $1.76M | $684.0K |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -66.8% | -35.3% | -31.2% | -60.2% | -53.1% | -68.6% | 20.6% | - |
| Gross margin | 71.5% | 63.5% | 0.6% | 15.9% | 48.2% | 24.5% | 40.1% | 47.3% |
| Operating margin | -83.9% | -6.1% | 4.6% | -109.3% | -41.2% | -54.7% | -56.7% | -1.0% |
| Net margin | -82.9% | -44.6% | -148.5% | -255.0% | -58.7% | -77.7% | -70.5% | 0.2% |
| Return on equity | -88.9% | - | - | - | - | - | -478.0% | 0.2% |
| Return on assets | -14.2% | -15.2% | -69.2% | -36.0% | -13.4% | -30.0% | -58.0% | 0.1% |
| Current ratio | 1.25 | 0.19 | 0.22 | 0.74 | 1.30 | 1.38 | 1.07 | 1.73 |
| Debt to equity | 1.21 | - | - | - | - | - | 2.11 | 0.02 |
Source: XBRL data J and Friends Holdings Limited files with the SEC, latest filing dated Apr 24, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
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.
JF peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| JF | $1.60M | -66.8% | -$1.32M | -82.9% | $17.2M |
| GOOGL | $471.10B | +22.2% | $235.69B | 50.0% | $3.54T |
| GOOG | $471.10B | +22.2% | $235.69B | 50.0% | $3.52T |
| META | $241.61B | +27.5% | $75.25B | 31.1% | $1.64T |
| APP | $7.61B | +57.8% | $5.01B | 65.9% | $135.84B |
| NBIS | $529.80M | +479.0% | $82.50M | 15.6% | $38.45B |
| BIDU | CN¥129.08B | -3.0% | CN¥5.59B | 4.3% | $27.57B |
JF FAQ
8 questionsWhat is JF revenue?
J and Friends Holdings Limited (JF) reported $1.60M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 66.8% from the year before.Is JF profitable?
No. J and Friends Holdings Limited reported a net loss of $1.32M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does JF have?
J and Friends Holdings Limited reported $945.0K in cash and cash equivalents and $1.80M of debt on its most recent balance sheet in SEC filings.How fast is JF revenue growing?
J and Friends Holdings Limited's revenue changed -66.8% in fiscal 2025, to $1.60M. Its compound annual growth rate was -51.2% over 5 years.What is JF gross margin?
J and Friends Holdings Limited's gross profit was $1.14M on $1.60M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 71.5%.What is JF earnings per share?
Diluted earnings per share were -$0.00 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did JF last report financial results?
The latest statements here come from J and Friends Holdings Limited's 20-F filed on Apr 24, 2026, covering the period ended Dec 31, 2025.Where does this JF financial data come from?
Quantisnow builds these statements from the structured XBRL data J and Friends Holdings Limited files with the SEC. It is provided for information only and is not investment advice.