AAQLOTCServices-Direct Mail Advertising ServicesUS GAAP · USD

Antiaging Quantum Living Inc.

Antiaging Quantum Living Inc. is a U.S.-listed holding company whose operating activities are carried out through subsidiaries in the United States, Hong Kong, and mainland China. The group combines an online advertising platform, an e-commerce app selling health and beauty products, and technical support/maintenance services for its digital platforms. Recent disclosures also describe broader capabilities in personalized marketing, brand licensing, health consulting (excluding diagnosis and treatment), network security software development, and big data services. The company’s business appears centered on building and monetizing the Dao Ling Doctor brand across digital commerce and advertising channels, with a significant operating footprint in China and Asia-Pacific markets.

Revenue1.0m USD
+26.5 %y/y
Operating profit (EBIT)-0.8m USD
−5.8 %y/y
EBIT margin-80.8%
+15.8 ppy/y
Net income-0.8m USD
−16.3 %y/y

Fiscal year 2026 · change from previous year

Development 2021–2026

-1.0-0.50.00.51.01.5m USD2021: 0.00 m USD2021: EBIT -0.07 m USD20212022: EBIT -0.05 m USD20222023: 0.01 m USD2023: EBIT -0.04 m USD20232024: 0.01 m USD2024: EBIT -0.41 m USD20242025: 0.82 m USD2025: EBIT -0.79 m USD20252026: 1.0 m USD2026: EBIT -0.84 m USD20261.0-0.84
RevenueOperating profit (EBIT)

Business

Share of revenue
Online advertising35 %

Digital ad placement services where revenue is recognized when ads are ordered, paid for, and delivered/viewable.

E-commerce health and beauty products40 %

Sales of health and beauty goods through the company’s mobile app and related fulfillment channels.

Platform support and maintenance20 %

Technical operation support, maintenance, and end-user support for the company’s online platforms.

Brand and digital services5 %

Personalized marketing, brand licensing, health consulting, and related digital services.

Products

Reported · share of revenue
68.8%17.5%13.7%FY2026100 %
  • Technology Service68.8 %
  • Sales of Goods17.5 %
  • Offline Physical Therapy Services13.7 %

Source: 10-K FY2026, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

The company serves advertisers and publishers that use its online advertising platform to place and monetize digital ads. It also sells health and beauty products directly to consumers through a mobile application, making retail buyers an important customer base. In addition, the group provides technical support and maintenance services to customers operating on its online platforms, which suggests business clients or distributors that rely on the company’s digital infrastructure. The disclosures indicate a mix of B2B and B2C demand, with the Dao Ling Doctor brand acting as the commercial anchor across commerce, marketing, and platform services.

Advertisers and publishers

They use the online advertising platform to buy or sell digital ad placements and monetize traffic.

Direct-to-consumer app shoppers

Consumers purchase health and beauty products through the mobile app for convenience and brand access.

Platform and distributor clients

They buy technical support, maintenance, and operational services to keep online platforms functioning.

Brand and marketing partners

They use personalized marketing, brand licensing, and related services to expand reach and sales.

Strategy

The company’s strategy appears to be building a multi-channel digital commerce and advertising ecosystem around the Dao Ling Doctor brand. It combines traffic generation, direct product sales, and platform services so that advertising, e-commerce, and support functions reinforce one another. The use of brand licensing, personalized marketing, and technical maintenance suggests an effort to deepen customer engagement and improve monetization across the platform. Its cross-border structure in the U.S., Hong Kong, and China also indicates a strategy of using regional holding entities to support Asia-Pacific expansion and operational flexibility.

Integrate advertising and e-commerce around the Dao Ling Doctor brandMedium term

A connected traffic-and-commerce model can improve customer acquisition efficiency and lifetime value.

Strengthen platform reliability and technical supportShort term

Service continuity is essential because revenue depends on digital platform performance and customer trust.

Expand Asia-Pacific operating capabilitiesMedium term

The operating footprint is concentrated in China and Hong Kong, so regional execution is central to growth.

Geography

The company is incorporated in the United States but its operating structure is centered in Asia-Pacific, with a Hong Kong holding company and subsidiaries in Hangzhou and Huzhou, Zhejiang Province, China. Management explicitly states that the Hong Kong entity oversees business activities exclusively within Asia-Pacific markets. The Chinese subsidiaries appear to be the main operating base for the Dao Ling Doctor business and related e-commerce and service activities. This geography creates exposure to China operating conditions, cross-border holding-company complexity, and regulatory differences between the U.S., Hong Kong, and mainland China.

Risks

The business depends on digital traffic, consumer demand for health and beauty products, and the continued functionality of its online platforms, so any disruption can quickly affect revenue. Because the company operates through subsidiaries in Hong Kong and mainland China, it faces cross-border regulatory, legal, and operational risk, including changes in China market conditions and compliance requirements. Revenue recognition is spread across point-in-time product sales, ad delivery, and over-time service arrangements, which increases the risk of timing mismatches and contract liability balances. As a smaller reporting company with limited disclosed risk-factor detail, investors should also consider general risks typical for early-stage digital commerce and advertising businesses, including customer concentration, platform competition, and working-capital pressure.

Sorted by severity
China operating and regulatory exposureHigh

Core subsidiaries and operations are located in mainland China, so policy, compliance, and market changes there can materially affect execution.

Exposure: Operating subsidiaries in Hangzhou and Huzhou

Digital platform and service disruptionHigh

Advertising delivery, app commerce, and maintenance services all rely on stable platform performance and technical support.

Exposure: Online advertising platform and technical maintenance services

Revenue recognition timing and contract liabilitiesMedium

The company recognizes revenue at different points depending on ads, goods delivery, or service completion, which can create volatility and judgment.

ExposureAd ordersProduct shipmentsPrepaid service contracts
Competitive pressure in e-commerce and advertisingMedium

The company operates in markets where customer acquisition costs, pricing, and traffic monetization can change quickly.

Exposure: Health and beauty app sales and online advertising

Accounting

Judgemental items
Revenue recognition across multiple streams

The company uses different recognition patterns for advertising, product sales, and support services, which affects timing and comparability.

Impact: Can shift revenue between quarters and change deferred revenue balances

Contract liabilities and customer advances

Prepayments are deferred until goods or services are delivered, so cash receipts may not equal recognized revenue.

Impact: Affects working capital and near-term revenue visibility

Principal versus agent gross presentation

Management states it is the principal for each revenue stream, so revenue is recorded gross rather than net.

Impact: Inflates reported revenue relative to net commission-style presentation

Impairment and allowance judgments

The company reviews advances to suppliers, prepaid items, and long-lived assets for recoverability.

Impact: Can create write-downs and earnings volatility

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026