Aurelion Inc.
AURE · Finance Services · EDGAR filings ↗
Grade
F38Near-cash-out Hong Kong wealth/AI micro-cap with essentially no cash and extreme single-customer concentration.
Strengths
- Triple-digit revenue growth off a tiny base (245% then 577%)
- Pivot into AI-solutions services generated near-100% of FY2025 revenue
Risks
- Cash of only ~$13K (3.4th pct); deeply negative margins (net margin -1075%, operating -1101%)
- ~99.97% of revenue from a single customer on short-term contracts
- Negative returns (ROE -226%, ROA -109%) — non-viable cost structure
Notable findings
- Net lossNet loss (net margin -1074.7%)
- Customer concentration~97% of revenue from one customer/distributor — 97% of our total revenue from wealth management based artificial intelligence solution services to a customer
Key metrics
Operating margin
-1101.2%
Net margin
-1074.7%
Return on equity
-226.2%
Return on assets
-108.7%
Revenue growth (QoQ)
83.6%
Current ratio
1.1×
Tangible book value
$3M
Cash & investments
$13K
Stock comp / revenue
406.6%
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-01-06 | 2025-09-30 | 0001213900-26-001478 ↗ |
| 20-F | 2025-02-13 | 2024-09-30 | 0001213900-25-013536 ↗ |
| 20-F | 2024-02-15 | 2023-09-30 | 0001213900-24-014546 ↗ |