GRNQNasdaqServices-Management Consulting ServicesUS GAAP · USD

Greenpro Capital Corp.

Greenpro Capital Corp. is a U.S.-listed services company whose recent filings show a business centered on Green-X, a digital-asset exchange and related platform operations in Asia. The company combines exchange activity, custody/safeguarding, and cross-border operating infrastructure, while also describing itself as a smaller reporting company with multi-jurisdiction exposure.

Liikevaihto2,1milj. USD
−40,7 %v/v
Liikevoitto (EBIT)−2,2milj. USD
−122,1 %v/v
EBIT-marginaali−103,8%
−76,1 %-yks.v/v
Nettotulos−3,0milj. USD
−316,9 %v/v
Vapaa kassavirta−1,8milj. USD
−31,3 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−4−2024milj. USD2020: 2,3 milj. USD2020: EBIT −2,9 milj. USD20202021: 2,9 milj. USD2021: EBIT −2,8 milj. USD20212022: 3,7 milj. USD2022: EBIT −1,5 milj. USD20222023: 3,5 milj. USD2023: EBIT −1,5 milj. USD20232024: 3,5 milj. USD2024: EBIT −0,97 milj. USD20242025: 2,1 milj. USD2025: EBIT −2,2 milj. USD20252,1−2,2
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Digital-asset exchange services60 %

Trading venue and related transaction services for digital assets on the Green-X platform.

Custody and safeguarding15 %

Controls and operational services intended to protect customer and company digital assets.

Platform and technology services10 %

Technology, hosting, and operational support required to run the exchange and user interface.

Compliance and listing management10 %

Policies, monitoring, and review processes for supported assets and regulatory suitability.

Corporate and cross-border services5 %

Administrative and jurisdictional support across Malaysia, Hong Kong, and other markets.

Tuotteet

Raportoitu · osuus liikevaihdosta
51,3%37,6%FY2025100 %
  • Corporate Advisory Non Listing Services51,3 %
  • Corporate Advisory Listing Services37,6 %
  • Digital Revenue8,1 %
  • Rental of Real Estate Properties3,0 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The company appears to serve digital-asset traders and users who need a centralized venue to buy, sell, and hold supported tokens. Its platform also depends on institutional liquidity providers and market makers, which are economically important counterparties rather than end customers. Because the business operates across multiple jurisdictions, customer access and product availability are shaped by local licensing and regulatory constraints.

Retail and active digital-asset traders

They buy and sell supported digital assets on the platform and value liquidity, execution, and access to listed tokens.

Institutional liquidity providers and market makers

They provide trading depth and volume, which directly supports exchange activity and fee generation.

Custody and safeguarding users

They use the platform or related services to store digital assets and rely on security and control processes.

Cross-border users in regulated markets

They need access to a compliant platform in jurisdictions where licensing and asset eligibility matter.

Strategia

The company’s near-term strategy appears focused on sustaining Green-X’s exchange operations while navigating a more demanding regulatory environment. It is also trying to preserve liquidity, banking access, and platform trust through stronger compliance, security, and asset-screening processes. Longer term, its competitive position depends on whether it can maintain licensed, compliant access while rivals in less regulated venues and DeFi continue to expand.

Regulatory compliance and licensing disciplineLyhyt aikaväli

The company’s ability to operate and list assets depends on meeting evolving securities, commodities, and licensing rules.

Liquidity and trading-volume preservationLyhyt aikaväli

Exchange revenue depends on active trading and the participation of a limited number of liquidity providers.

Security and custody resilienceKeskipitkä aikaväli

A breach or custody failure could permanently impair assets and damage user trust.

Brand and platform differentiationKeskipitkä aikaväli

The company competes with unregulated exchanges and DeFi venues that may offer broader product sets.

Maantiede

Q1/2026

Greenpro says its primary subsidiaries operate in Malaysia, Hong Kong, and other jurisdictions, so the business is structurally exposed to foreign exchange, political, and regulatory differences. The filings do not provide a country revenue table, but they clearly indicate that operations are cross-border and dependent on local licensing, banking access, and data/privacy rules. This geography matters because changes in one jurisdiction can affect trading access, liquidity, and compliance costs across the platform.

Hong Kong52 %
Malaysia37 %
Kina11 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

Greenpro’s risk profile is dominated by digital-asset market volatility, regulatory uncertainty, and dependence on a small set of liquidity and service partners. Because the business is tied to exchange activity, downturns in trading volumes, cybersecurity incidents, or adverse legal determinations can quickly reduce revenue and damage user confidence. Cross-border operations add foreign-exchange, political, and banking-access risks that can amplify operational stress.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Volatile digital-asset markets1Evolving and conflicting regulation2Dependence on market makers and liquidity providers3Cybersecurity and technology failures4Cross-border operational and currency risk5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Volatile digital-asset marketsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Trading fees and platform activity depend on market prices and volumes, which can fall for extended periods.

    Kohdistuu: Transaction activity and fee revenue

  2. Evolving and conflicting regulationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Authorities may classify supported assets differently, creating licensing, registration, or enforcement risk.

    KohdistuuAsset listingsPlatform operationsLegal compliance
  3. Dependence on market makers and liquidity providersVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A limited number of institutional participants account for a substantial portion of trading volume.

    Kohdistuu: Liquidity and revenue concentration

  4. Cybersecurity and technology failuresVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Exchange systems and vendors are exposed to breaches, DDoS attacks, and operational errors.

    KohdistuuCustomer assetsDataPlatform continuity
  5. Cross-border operational and currency riskVaikutus: KeskitasoTodennäköisyys: Matala

    Subsidiaries in Malaysia, Hong Kong, and other jurisdictions face FX, political, and capital-control exposure.

    Kohdistuu: International operations and cash flows

Kirjanpito

Harkinnanvaraiset erät
Digital-asset revenue recognition

Exchange fees and platform income depend on when transactions are executed and considered earned.

Vaikutus: Can shift revenue between periods and affect comparability

Custody and safeguarding accounting

Loss, compromise, or control failures around digital assets may require recognition of losses or liabilities.

Vaikutus: Could materially affect assets, liabilities, and expense recognition

Fair value and impairment judgments

Any crypto holdings or related assets may require market-based measurement or impairment testing.

Vaikutus: Can create large noncash gains or losses

Quarterly volatility and seasonality

Trading volumes and market sentiment can change rapidly, making interim results hard to compare.

Vaikutus: Affects revenue trend interpretation and margin analysis

Internal controls and estimates

Rapid expansion and multi-jurisdiction operations increase the risk of control weaknesses and estimation error.

Vaikutus: Could affect reported accuracy and audit risk

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026