ATPCHIGH SIGNALRISK10-K

ATPC experienced a severe cash depletion with cash and deposits falling from $2.0M to approximately $140K while operating losses deepened and liabilities substantially increased.

The company's cash position deteriorated dramatically, dropping over 90% year-over-year, which raises immediate liquidity concerns for ongoing operations. Despite modest revenue growth, the company continues burning cash with widening operating losses, while total liabilities increased by 65% to $2.2M, creating a precarious financial position that may threaten business continuity.

Comparing 2026-04-13 vs 2025-03-31View on EDGAR →
FINANCIAL ANALYSIS

ATPC shows mixed operational signals with revenue growing modestly to $1.5M and gross profit expanding to $838K, but these improvements were overshadowed by deteriorating cash management. The company's cash and deposit balances collapsed by over 90% to just $140K while current liabilities nearly doubled to $2.1M, creating a severe liquidity squeeze. Operating losses deepened to $3.3M despite the revenue growth, indicating fundamental profitability challenges that, combined with the cash depletion, signal significant financial distress.

FINANCIAL STATEMENT CHANGES
Total Deposits
Balance Sheet
-93.3%
$2.0M→$136K

Deposits declined 93.3% — significant outflows warrant immediate investigation into funding stability.

Cash & Equivalents
Balance Sheet
-93.1%
$2.0M→$140K

Cash declined 93.1% — significant cash burn or deployment; verify adequacy of remaining liquidity runway.

Current Liabilities
Balance Sheet
+83.4%
$1.1M→$2.1M

Current liabilities surged 83.4% — significant near-term obligations; verify ability to meet short-term debt.

Accounts Receivable
Balance Sheet
-77%
$54K→$12K

Receivables declined — improved collection efficiency or conservative revenue recognition.

Total Liabilities
Balance Sheet
+65.2%
$1.3M→$2.2M

Liabilities grew 65.2% — significant increase in debt or obligations, assess impact on financial flexibility.

Inventory
Balance Sheet
-40.9%
$46K→$27K

Inventory drawn down 40.9% — strong sell-through or deliberate destocking; watch for supply constraints.

Operating Income
P&L
-26.6%
-$2.6M→-$3.3M

Operating profitability softening — costs rising faster than revenue, watch for margin recovery plan.

Revenue
P&L
+15.2%
$1.3M→$1.5M

Revenue growing 15.2% — solid top-line momentum, watch margins for quality of growth.

Operating Cash Flow
Cash Flow
+11.5%
-$2.7M→-$2.4M

Operating cash flow grew 11.5% — strong conversion of earnings to cash, healthy business fundamentals.

Gross Profit
P&L
+10.4%
$759K→$838K

Gross profit expanding — improving pricing power or product mix shift toward higher-margin offerings.

LANGUAGE CHANGES
NEW — 2026-04-13
PRIOR — 2025-03-31
ADDED
The aggregate market value of the Company s common stock held by affiliates and non-affiliates computed by reference to the closing bid price of the Company s common stock, as of the last business day of the registrant s most recently completed financial year ended December 31, 2025: $ 5,352,889 .
Class Outstanding at March 17, 2026 Common Stock, $ 0.0001 par value 1,000,626 AGAPE ATP CORPORATION FORM 10-K For the Fiscal Year Ended December 31, 2025 Index Page # PART I Item 1.
( ASL ), a company incorporated in Malaysia on August 8, 2003.
AATP LB is an investment holding company with 100% equity interest in Agape ATP International Holding Limited ( AATP HK ), a company incorporated in Hong Kong.
How Kok Choong, CEO and director of the Company to acquire 9,590,596 ordinary shares, no par value, equivalent to approximately 99.99% of the equity interest in ASL, a network marketing entity incorporated in Malaysia.
ASL offers two series of products: ATP Zeta Health Program and E.A.T.S.
CEDAR provides skin care products and healthcare products and provide training courses to the customers.
This personal contact may enhance consumers nutritional and health education and motivate consumers to begin and maintain wellness.
For the green energy segment, we are committed to offer advanced solar power and energy efficiency solutions.
Serving commercial, industrial, and governmental clients, we deliver a comprehensive suite of services ranging from solar energy generation and storage to energy management systems and sustainability consulting.
REMOVED
The aggregate market value of the Company s common stock held by non-affiliates computed by reference to the closing bid price of the Company s common stock, as of the last business day of the registrant s most recently completed first fiscal quarter: $ 4,707,086 .
Class Outstanding at March 28, 2025 Common Stock, $ 0.0001 par value 50,005,381 AGAPE ATP CORPORATION FORM 10-K For the Fiscal Year Ended December 31, 2024 Index Page # PART I Item 1.
AATP LB, incorporated in Labuan, Malaysia, is an investment holding company with 100% equity interest in Agape ATP International Holding Limited ( AATP HK ), a company incorporated in Hong Kong.
How Kok Choong, CEO and director of the Company to acquire 9,590,596 ordinary shares, no par value, equivalent to approximately 99.99% of the equity interest in Agape Superior Living Sdn.
ASL is a limited company incorporated on August 8, 2003, under the laws of Malaysia.
We currently offer two series of products: ATP Zeta Health Program and E.A.T.S.
On November 11, 2021, Agape ATP Corporation (Labuan) formed a joint-venture entity, DSY Wellness International Sdn.
Steve Yap, following which Agape ATP Corporation (Labuan) owns 60% of the equity interest, to pursue the business of providing complementary health therapies.
To further its reach in the Health and Wellness Industry, on November 11, 2021, AATP LB formed an entity, DSY Wellness with an independent third party which AATP LB owns 60% of the equity interest, to pursue the business of providing complementary health therapies .
This personal contact may enhance consumers nutritional and health education and motivate consumers to begin and maintain wellness and weight management programs.
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →