EnerSyn Global Inc. (ESYN)
EnerSyn Global Inc., formerly HWH International Inc., is a lifestyle and consumer-focused company operating businesses in Singapore and South Korea, including Hapi Café, Hapi Marketplace, and Hapi Wealth Builder. Hapi Café offers health-focused dining options, while Hapi Marketplace operates an online business-to-consumer marketplace offering a range of products. Hapi Wealth Builder provides educational programs, courses, workshops, and coaching focused on investment and wealth-building strategies. The company is also expanding its planned operations into energy-related areas, including oil and gas resources, natural gas processing, coal-based energy production, strategic minerals, and the integration and digitalization of energy assets.
Industry: Restaurants
EnerSyn Global Inc. Common Stock
NASDAQ:ESYNConsumer Cyclical · Restaurants
-2.94%$1.65
AH Close$1.65+0.00%vs close
AH$1.65+0.00%vs close
Mkt Cap$49.05M
Float1.19M
O/S29.73M
Inst Own0.5%
SI2.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$867K
Net Income-$2.63M
Total Assets$4.57M
Free Cash Flow-$1.99M
Debt & Equity
Debt 27%
Equity 73%
Total Debt$965K
Total Equity$2.62M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:40Reverse splitFeb 13, 200440 shares → 1
Balance Sheet Details
Assets$4.57M
Liabilities$1.88M
Accounts Receivable$779K
Accounts Payable$305K
Inventory$1K
PP&E (Net)$112K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-11-30 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Revenue | $867K | $1.25M | $831K | $1.2M | $4.91M | $3.15M |
| YoY Growth | -30.8% | 50.9% | -31.0% | -75.5% | 56.1% | - |
| Cost of Revenue | $407K | $652K | $335K | $656K | $2.61M | $1.83M |
| Gross Profit | $460K | $602K | $496K | $547K | $2.3M | $1.31M |
| Gross Margin | 53.0% | 48.0% | 59.7% | 45.5% | 46.9% | 41.7% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.53M | $2.65M | $2.91M | $1.58M | $505K | $585K |
| Other | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $3.53M | $2.65M | $2.91M | $1.58M | $505K | $584K |
| Operating Income (EBIT) | -$3.07M | -$2.04M | -$2.41M | -$1.04M | $1.8M | $729K |
| Operating Margin | -354.4% | -163.1% | -290.6% | -86.2% | 36.6% | 23.2% |
| Interest Expense | $52K | $72K | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $462K | -$562K | $1.75M | $147K | $102K | $532 |
| Income Before Tax (EBT) | -$2.61M | -$2.61M | -$661K | -$889K | $1.9M | $729K |
| Income Tax Expense | $47K | $0 | $415K | $0 | $576K | $97K |
| Net Income | -$2.63M | -$2.59M | -$1.08M | -$894K | $1.33M | $632K |
| Net Income Margin | -303.4% | -206.7% | -130.1% | -74.3% | 27.0% | 20.1% |
| Supplementary Data | ||||||
| EPS | -0.40 | -0.16 | -0.33 | -0.09 | 0.14 | 0.06 |
| Diluted EPS | -0.40 | -0.16 | -0.33 | -0.09 | 0.14 | 0.06 |
| Weighted Average OS | 6.56M | 16.68M | 3.24M | 9.63M | 9.81M | 9.81M |
| EBITDA | -$2.54M | -$2.49M | -$603K | -$661K | $2.07M | $819K |
| EBITDA Margin | -292.8% | -198.3% | -72.6% | -54.9% | 42.1% | 26.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-11-30 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $2.09M | $4.34M | $1.16M | $1.65M | $2.65M | $1.59M |
| Short-Term Investments | $84K | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $2.17M | $4.34M | $1.16M | $1.65M | $2.65M | $1.59M |
| Accounts Receivable | $779K | $1.1M | $70K | $9K | $3K | $937K |
| Inventory | $1K | $2K | $2K | $34K | $47K | $120K |
| Other Current Assets | $22K | $13K | $0 | $338K | $286K | $75K |
| Total Current Assets | $2.97M | $5.47M | $1.34M | $2.05M | $3.31M | $3.65M |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $112K | $582K | $728K | $1.14M | $386K | $452K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.38M | $140 | $21.25M | $207K | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $104K | $351K | $392K | $305K | $235K | $586K |
| Total Long-Term Assets | $1.6M | $934K | $22.37M | $1.65M | $621K | $1.04M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $4.57M | $6.41M | $23.71M | $3.7M | $3.93M | $4.69M |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $305K | $483K | $167K | $63K | $19K | $7K |
| Short-Term Debt | $277K | $1.22M | $0 | $0 | $0 | $342K |
| Current Income Tax Payable | $0 | $0 | $0 | $101K | $124K | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $21K | $700K | $0 |
| Other Current Liabilities | $613K | $0 | $0 | -$21K | -$700K | $2.68M |
| Total Current Liabilities | $1.28M | $3.31M | $6.02M | $2.41M | $2.21M | $4.09M |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $592K | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $604K | $220K | $182K | $559K | $122K | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.88M | $3.53M | $6.21M | $2.97M | $2.33M | $4.09M |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $747 | $559 | $21.1M | $10 | $10 | $10 |
| Retained Earnings | -$8.95M | -$6.16M | -$3.57M | $930K | $1.82M | $570K |
| Comprehensive Income & Other | -$905K | -$417K | -$197K | -$195K | -$220K | $26K |
| Other Stockholders' Equity | $11.57M | $8.92M | -$41K | -$195K | -$220K | $26K |
| Total Equity | $2.62M | $2.77M | $17.49M | $735K | $1.6M | $596K |
| Minority Interest | $66K | $112K | $9K | -$5K | $0 | $0 |
| Total Liabilities and Equity | $4.5M | $6.3M | $23.7M | $3.71M | $3.93M | $4.69M |
| Supplementary Data | ||||||
| Total Debt | $965K | $1.78M | $612K | $979K | $351K | $789K |
| Net Debt | -$1.12M | -$2.56M | -$547K | -$672K | -$2.3M | -$801K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-11-30 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Operating Activities | ||||||
| Net Income | -$2.63M | -$2.75M | $549K | $114K | $1.33M | $632K |
| Depreciation & Amortization | $20K | $48K | $58K | $376K | $269K | $90K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||
| Accounts Receivable | -$561K | -$294K | $0 | $0 | $630K | -$1.28M |
| Inventory | $412 | $336 | $0 | $0 | $62K | $757 |
| Accounts Payable | -$142K | $229K | $0 | $0 | $0 | $0 |
| Other Working Capital | -$245K | -$377K | $147K | $357K | -$168K | -$689K |
| Total Working Capital Change | -$948K | -$443K | $147K | $357K | $524K | -$1.97M |
| Other Non-Cash Items | $1.59M | $1.4M | -$2.27M | -$1.36M | -$1.46M | $2.49M |
| Net Cash from Operating | -$1.97M | -$1.75M | -$1.52M | -$514K | $660K | $1.25M |
| Investing Activities | ||||||
| Capital Expenditures | -$19K | -$30K | $0 | $0 | -$39K | -$9K |
| Acquisitions | -$23K | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$86K | -$14K | -$205K | -$87.11M | $0 | $0 |
| Sales of Investments | $0 | $21.35M | $69.27M | $0 | $0 | $0 |
| Other Investing Activities | -$1.06M | -$850K | $13K | -$13K | $638K | $7K |
| Net Cash from Investing | -$1.19M | $20.45M | $69.08M | -$87.13M | $599K | -$2K |
| Financing Activities | ||||||
| Debt Repaid | $491K | $85K | - | - | - | - |
| Common Stock Issuance | $1.41M | $3.58M | $0 | $88.97M | $0 | $0 |
| Common Stock Repurchases | $0 | -$21.1M | -$68.35M | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $2.01M | $0 | -$211K | $0 | $0 |
| Net Cash from Financing | $935K | -$15.6M | -$68.15M | $88.76M | $0 | $0 |
| Forex Effect | -$33K | $650K | $0 | $0 | -$206K | $100K |
| Net Change in Cash | -$2.26M | $3.76M | -$587K | $1.12M | $1.05M | $1.59M |
| Supplementary Data | ||||||
| Operating Cash Flow | -$1.97M | -$1.75M | -$1.52M | -$514K | $660K | $1.25M |
| Capital Expenditure | -$19K | -$30K | $4 | $0 | -$39K | -$9K |
| Free Cash Flow | -$1.99M | -$1.78M | -$1.52M | -$514K | $621K | $1.24M |
| Cash at Beginning | $4.34M | $586K | $1.17M | $50K | $1.59M | $0 |
| Cash at End | $2.09M | $4.34M | $586K | $1.17M | $2.65M | $1.59M |