Alpha One Inc. (AOAO)
Alpha One Inc. currently lacks significant operational activities. In the past, the company specialized in supplying image transmission technology and comprehensive system integration services. These offerings catered to a diverse range of industries, including wireless telecommunications operators, power utilities, financial institutions, and the transport and logistics sectors. Headquartered in Shenzhen, China, Alpha One Inc. was originally established in 2006. It underwent a name change in September 2021, transitioning from its former identity as World Mobile Holdings, Inc.
Sector: Communications Services, NEC
Industry: Telecommunications Services
Alpha One Inc.
OTC:AOAOCommunication Services · Telecommunications Services
Mkt Cap-
Float7.24M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$2.26M
Total Assets$4.35M
Free Cash Flow$19K
Debt & Equity
Total Debt$0
Total Equity-$5.95M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
2-year cumulative
1:7
Nasdaq bars a compliance period at 1:250
- 1:7Reverse splitApr 28, 20257 shares → 1
Balance Sheet Details
Assets$4.35M
Liabilities$10.3M
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $0 | $2.19M | $9.44M | $6.49M | $0 | $0 | $0 | $64 | $230 |
| YoY Growth | - | -76.8% | 45.4% | - | - | - | - | -72.2% | - |
| Cost of Revenue | $62K | $2M | $8.86M | $5.19M | $0 | $0 | $0 | $54 | $189 |
| Gross Profit | -$62K | $191K | $580K | $1.3M | $0 | $0 | $0 | $10 | $41 |
| Gross Margin | - | 8.7% | 6.1% | 20.1% | - | - | - | 15.6% | 17.9% |
| Research and Development | $0 | $0 | $0 | $169K | $0 | $0 | $0 | $0 | $3 |
| Selling, General, and Administrative | $70K | $4.56M | $516K | $351K | $20K | $500 | $100K | $333 | $184 |
| Other | $0 | $247K | $0 | $82K | $0 | $0 | $0 | $3 | $0 |
| Total Operating Expenses | $70K | $4.8M | $513K | $603K | $20K | $500 | $100K | $337 | $190 |
| Operating Income (EBIT) | -$132K | -$4.61M | $66K | $700K | -$20K | -$500 | -$100K | -$327 | -$148 |
| Operating Margin | - | -210.6% | 0.7% | 10.8% | - | - | - | -511.7% | -64.6% |
| Interest Expense | $0 | $0 | $53K | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | -$26.94M | -$368K | -$253K | -$3 | $0 | $0 | $0 | -$1 |
| Income Before Tax (EBT) | -$132K | -$31.55M | -$301K | $447K | -$20K | -$500 | -$100K | -$327 | -$149 |
| Income Tax Expense | $0 | -$83K | $927 | $118K | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$2.26M | -$31.47M | -$302K | $330K | -$20K | -$500 | -$100K | -$327 | -$149 |
| Net Income Margin | - | -1436.3% | -3.2% | 5.1% | - | - | - | -511.7% | -64.9% |
| Supplementary Data | |||||||||
| EPS | -0.21 | -2.87 | -0.00 | 0.03 | -0.01 | -0.00 | -1.02 | -0.94 | -0.78 |
| Diluted EPS | -0.21 | -2.87 | -0.00 | 0.03 | -0.01 | -0.00 | -1.02 | -0.94 | -0.78 |
| Weighted Average OS | 10.97M | 10.97M | 76.81M | 10.97M | 1.36M | 1.36M | 97,160 | 348 | 191 |
| EBITDA | -$70K | -$31.49M | $71K | $831K | -$20K | $206K | $72K | -$325 | -$147 |
| EBITDA Margin | - | -1437.2% | 0.8% | 12.8% | - | - | - | -508.1% | -64.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2019-12-31 | 2013-12-31 | 2012-12-31 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $0 | $614 | $80K | $330K | $0 | $500 | $5 | $8 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $0 | $614 | $80K | $330K | $0 | $500 | $5 | $8 |
| Accounts Receivable | $0 | $3.33M | $1.53M | $5.86M | $0 | $0 | $167 | $230 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $44 | $0 |
| Other Current Assets | $4.02M | $2.22M | $1.74M | $156K | $0 | $0 | $79 | $23 |
| Total Current Assets | $4.03M | $5.93M | $14.96M | $6.35M | $0 | $500 | $297 | $261 |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $0 | $132K | $181K | $0 | $0 | $0 | $5 | $6 |
| Goodwill | $0 | $0 | $26.94M | $0 | $0 | $0 | $55 | $55 |
| Intangible Assets | $0 | $251K | $0 | $0 | $0 | $0 | $2 | $3 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $326K | $1.54M | $0 | $0 | $0 | $0 | $0 | -$64 |
| Total Long-Term Assets | $326K | $1.92M | $27.12M | $513K | $0 | $0 | $62 | $64 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$0 |
| Total Assets | $4.35M | $7.85M | $42.08M | $6.86M | $0 | $500 | $359 | $325 |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $0 | $823K | $336K | $1.59M | $0 | $0 | $58 | $58 |
| Short-Term Debt | $0 | $1.24M | $893K | $535K | $0 | $0 | $129 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $9.91M | $5.56M | $12.7M | $37K | $19K | $0 | $44 | $175 |
| Total Current Liabilities | $9.91M | $10.75M | $14.12M | $37K | $19K | $0 | $288 | $233 |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $0 | $148K | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $385K | $207K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $385K | $355K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $10.3M | $11.11M | $14.12M | $37K | $19K | $0 | $288 | $233 |
| Stockholders' Equity | ||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $500 | $0 | $0 | $0 |
| Common Stock | $11K | $11K | $77K | $51K | $1K | $136K | $35 | $35 |
| Retained Earnings | -$34.22M | -$4.77M | -$493K | -$173K | -$156K | -$135K | -$775 | -$435 |
| Comprehensive Income & Other | -$178K | -$84K | $0 | $0 | -$1K | $0 | $0 | $0 |
| Other Stockholders' Equity | $28.26M | $1.5M | $28.38M | $85K | $135K | $0 | $811 | $492 |
| Total Equity | -$5.95M | -$3.26M | $27.96M | -$37K | -$19K | $500 | $71 | $92 |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $4.35M | $7.85M | $42.08M | $0 | $0 | $500 | $359 | $325 |
| Supplementary Data | ||||||||
| Total Debt | $0 | $1.42M | $893K | $674K | $0 | $0 | $129 | $0 |
| Net Debt | $0 | $1.42M | $813K | $344K | $0 | -$500 | $123 | -$8 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2025-03-31 | 2023-12-31 | 2023-03-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | |||||||||
| Net Income | -$132K | -$6.14M | -$302K | $330K | -$20K | -$500 | -$100K | -$327 | -$149 |
| Depreciation & Amortization | $62K | $65K | $5K | $51K | $0 | $0 | $0 | $1 | $1 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | $116K | $862K | -$11.87M | -$5.71M | $0 | $0 | $0 | $63 | -$230 |
| Inventory | $0 | $0 | -$586K | $0 | $0 | $0 | $0 | -$44 | $0 |
| Accounts Payable | $537K | $0 | $11.71M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $42K | -$1.98M | -$4K | $1.13M | $19K | $0 | $0 | -$3 | $0 |
| Total Working Capital Change | $696K | -$1.12M | -$750K | -$4.58M | $19K | $0 | $0 | $16 | -$230 |
| Other Non-Cash Items | -$607K | $5.5M | $291K | $2.07M | $500 | $0 | $0 | -$13 | -$136 |
| Net Cash from Operating | $19K | -$1.7M | -$1.05M | -$2.13M | $0 | -$500 | -$100K | -$322 | -$284 |
| Investing Activities | |||||||||
| Capital Expenditures | $0 | -$30K | -$168K | -$152K | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $116K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | -$30K | -$52K | -$152K | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||
| Debt Repaid | $34K | $98K | - | -$644K | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $158K | $1.43M | $1.29M | $1.81M | $0 | $0 | $100K | $320 | $261 |
| Net Cash from Financing | $124K | $1.33M | $1.29M | $2.45M | $0 | $0 | $100K | $320 | $261 |
| Forex Effect | -$143K | $15K | $0 | $8K | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | -$383K | $192K | $330K | $0 | -$500 | $500 | -$3 | -$22 |
| Supplementary Data | |||||||||
| Operating Cash Flow | $19K | -$1.7M | -$1.05M | -$2.13M | $0 | -$500 | -$100K | -$322 | -$284 |
| Capital Expenditure | $0 | -$30K | -$168K | -$152K | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $19K | -$1.73M | -$1.21M | -$2.28M | $0 | -$500 | -$100K | -$322 | -$284 |
| Cash at Beginning | $0 | $384K | -$112K | $0 | $0 | $500 | $0 | $8 | $31 |
| Cash at End | $0 | $614 | $80K | $330K | $0 | $0 | $500 | $5 | $8 |