AHGNasdaqServices-Business Services, NECUS GAAP · USD

Akso Health Group

Akso Health Group is a U.S.-incorporated holding company with operating subsidiaries in the United States and China that sell medical devices and offer healthcare-related services. Its business has included products such as defibrillators, anesthesia laryngoscopes, and COVID-19 rapid antigen test kits, alongside marketing promotion and online healthcare service activities tied to the healthcare sector.

Liikevaihto13,8milj. USD
−6,4 %v/v
Liikevoitto (EBIT)−20,7milj. USD
+87,6 %v/v
EBIT-marginaali−149,7%
+975,7 %-yks.v/v
Nettotulos−18,7milj. USD
+86,2 %v/v
Vapaa kassavirta−12,8milj. USD
−1 350,9 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

−200−150−100−50050milj. USD2021: 1,8 milj. USD2021: EBIT −31 milj. USD20212022: 6,3 milj. USD2022: EBIT −3,3 milj. USD20222023: 13 milj. USD2023: EBIT −14 milj. USD20232024: 2,4 milj. USD2024: EBIT −8,6 milj. USD20242025: 15 milj. USD2025: EBIT −166 milj. USD20252026: 14 milj. USD2026: EBIT −21 milj. USD202614−21
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Medical devices45 %

Sales of devices such as defibrillators and anesthesia laryngoscopes to dealers and end users.

Diagnostic and test kits10 %

Distribution of COVID-19 rapid antigen test kits through U.S. channels.

Marketing promotion services40 %

Contracted promotion and order-based services for insurance carriers and intermediaries.

Online healthcare services5 %

Healthcare-service initiatives and platform-based offerings for medical and consulting partners.

Tuotteet

Raportoitu · osuus liikevaihdosta
97,2%FY2025100 %
  • Revenue From Marketing Promotion Service97,2 %
  • Revenue From Sale of Medical Devices2,8 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Akso sells medical devices to medical product dealers and to end users such as hospitals, while its U.S. test-kit business serves distributors. In China, its marketing promotion services are sold to insurance carriers and insurance intermediaries, and its healthcare-service initiatives target companies involved in health consulting and medical device sales. The customer mix is concentrated and project-based, with some relationships governed by multi-year cooperation agreements and others transacted on an order-by-order basis.

Medical product dealers

Buy defibrillators and laryngoscopes for resale into healthcare channels.

Hospitals and end users

Purchase medical devices for direct clinical use and procurement needs.

Insurance carriers and intermediaries

Buy marketing promotion services under cooperation agreements in China.

U.S. distributors

Purchase COVID-19 rapid antigen test kits for downstream distribution.

Healthcare technology partners

Engage for online healthcare and consulting-related service initiatives.

Strategia

Akso’s stated direction is to build healthcare-related businesses around medical devices, online healthcare services, and adjacent promotion/service arrangements. The company has also used subsidiary formation and market entry in China and the U.S. to broaden its operating base and develop multiple revenue streams. Its reported initiatives suggest a strategy of pursuing healthcare-sector opportunities where it can combine product distribution with service relationships.

Build a broader healthcare portfolioKeskipitkä aikaväli

Reduces dependence on any one product or service line and increases optionality.

Develop China operating relationshipsLyhyt aikaväli

China is central to the company's device and service activity and partner access.

Maintain cross-border distribution channelsKeskipitkä aikaväli

U.S. and China channels support different customer sets and revenue sources.

Maantiede

Akso is structured across the United States and Greater China, with U.S. entities used for test-kit distribution and Chinese subsidiaries used for medical device sales and healthcare-related services. The reports also show entities in Wyoming, Shandong, Tianjin, Hong Kong, and the British Virgin Islands, reflecting a cross-border operating and holding-company structure. Geography matters because product sales, service contracts, and regulatory regimes differ materially between the U.S. and China.

Riskit

Akso’s business is exposed to customer concentration, regulatory compliance, and execution risk across multiple business lines. Its healthcare and marketing activities involve medical, data, and contractual requirements, while goodwill impairment and acquisition-related issues show that valuation and integration judgments can materially affect results. Cross-border operations also increase exposure to U.S. and PRC legal, licensing, and operational risks.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Customer concentration1Healthcare regulatory compliance2Goodwill impairment3Medical liability claims4Cross-border execution5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Customer concentrationVaikutus: KorkeaTodennäköisyys: Korkea

    A few customers accounted for a large share of marketing service revenue and receivables.

    Kohdistuu: Marketing promotion services

  2. Healthcare regulatory complianceVaikutus: KorkeaTodennäköisyys: Korkea

    Medical device sales and online healthcare services are subject to health, privacy, and licensing rules.

    Kohdistuu: U.S. and China operations

  3. Goodwill impairmentVaikutus: KorkeaTodennäköisyys: Korkea

    The company recorded a material impairment tied to lower projected revenue growth and profitability assumptions.

    Kohdistuu: Acquired healthcare businesses

  4. Medical liability claimsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Online healthcare and medical-related activities can trigger claims for service errors or patient harm.

    Kohdistuu: Healthcare services

  5. Cross-border executionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Operating through multiple subsidiaries across jurisdictions increases legal and operational complexity.

    KohdistuuU.SChinaHong KongBVI

Kirjanpito

Harkinnanvaraiset erät
Goodwill impairment

Management estimates can materially change carrying value and operating results.

Vaikutus: Can create large non-cash charges when forecasts weaken

Revenue recognition

Device sales, distributor sales, and weekly service fees may be recognized differently.

Vaikutus: Affects timing and comparability of revenue across periods

Accounts receivable collectability

Customer concentration increases the need to assess credit risk and allowances.

Vaikutus: Can affect net receivables and bad-debt expense

Fair value estimates

Reporting-unit and asset fair values rely on management assumptions.

Vaikutus: Influences impairment conclusions and balance-sheet carrying values

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Akso Health Group (AHG) liikevaihto, tulos ja tunnusluvut 2026 – Clarifo