Agape ATP Corp
Business
Agape ATP Corp is a health and wellness company that supplies nutritional supplements and health programs designed to improve cellular metabolism, detoxification, and overall health through two main product lines: ATP Zeta Health Program and E.A.T.S. The company operates primarily through a network-marketing direct-sales distribution model in Malaysia, supported by complementary health therapy services, wellness lifestyle promotion, and emerging renewable energy initiatives. Products are sourced from third-party suppliers, rebranded, and distributed through an independent distributor network alongside membership programs and e-commerce platforms.
Summary from 10-K filed 2026-04-13
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| REVENUE | 2 | 1 | 1 | 2 | 1 | |
| COST OF REVENUE | −685,992 | −563,599 | −494,516 | −666,042 | — | |
| GROSS PROFIT | 838,270 | 759,148 | 936,572 | 1 | 719,629 | |
| SELLING | −242,074 | −162,712 | −629,003 | −361,414 | −394,682 | |
| COMMISSION | −73,691 | −34,905 | −88,132 | −405,351 | −316,267 | |
| GENERAL AND ADMINISTRATIVE | −4 | −3 | −2 | −2 | −2 | |
| TOTAL OPERATING EXPENSES | −4 | −3 | −3 | −3 | −3 | |
| LOSS FROM OPERATIONS | −3 | −3 | −2 | −2 | −2 | |
| Other income, net | 113,807 | 29,209 | 5,724 | −79,539 | −68,323 | |
| Interest income | 3,416 | 67,930 | 29,249 | 16,190 | 25,570 | |
| Unrealized holding gain (loss) on marketable securities | 8,953 | −5,018 | 3,493 | −73,519 | −505,231 | |
| Gain on disposal of property and equipment | — | 112 | 1,753 | — | — | |
| Exchange gain, net | 826,149 | — | — | — | — | |
| Loss on disposal of non-marketable securities | −1,000 | — | — | — | — | |
| TOTAL OTHER INCOME, NET | 951,325 | 92,233 | 40,219 | −136,868 | −529,045 | |
| LOSS BEFORE INCOME TAXES | −2 | −2 | −2 | −2 | −2 | |
| INCOME TAX EXPENSE | −2,285 | −4,934 | −3,575 | 4,055 | −137,067 | |
| NET LOSS | −2 | −2 | −2 | −2 | −3 | |
| NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS | 27,816 | 15,570 | 7,950 | −20,820 | 436 | |
| NET LOSS ATTRIBUTABLE TO AGAPE ATP CORPORATION | −2 | −2 | −2 | −2 | −3 | |
| Foreign currency translation adjustment | −42,542 | −2,363 | 20,949 | −84,132 | −87,615 | |
| TOTAL COMPREHENSIVE LOSS | −2 | −2 | −2 | −2 | −3 | |
| Less: Comprehensive loss attributable to non-controlling interests | 29,655 | 15,572 | 8,734 | −20,849 | −433 | |
| COMPREHENSIVE LOSS ATTRIBUTABLE TO AGAPE ATP CORPORATION | −2 | −2 | −2 | −2 | −3 | |
| Basic (per share) | −2.85 | −31.74 | −0.55 | −0.02 | −0.01 | |
| Diluted (per share) | −2.85 | −31.74 | −0.55 | −0.02 | — | |
| Basic (shares) | 801,081 | 77,839 | 4 | 88 | 376 | |
| Diluted (shares) | 801,081 | 77,839 | 4 | 88 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2023 2023-09-30 | FY 2023 2023-08-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents (Included $257 and $1,139 in the consolidated VIE that can be used only to settle obligations of the consolidated VIE as of December 31, 2025 and 2024, respectively.) | 140,072 | 2 | 5 | — | — | |
| Accounts receivable, net | 12,315 | 53,651 | 55,458 | — | — | |
| Inventories | 27,391 | 46,347 | 47,907 | — | — | |
| Prepaid taxes | 31,798 | 45,426 | 21,993 | — | — | |
| Prepayments and deposits (Included $0 and $7 in the consolidated VIE that can be used only to settle obligations of the consolidated VIE as of December 31, 2025 and 2024, respectively.) | 24 | 586,172 | 215,806 | — | — | |
| Total Current Assets | 24 | 3 | 5 | — | — | |
| Property and equipment, net | 14,570 | 31,463 | 77,858 | — | — | |
| Intangible assets, net | 9,471 | 13,082 | 17,458 | — | — | |
| Finance lease assets | 150,949 | 178,948 | 86,335 | — | — | |
| Operating right-of-use assets | 102,101 | 224,595 | 357,301 | 8,940 | 126,093 | |
| Investment in marketable securities | 22,679 | 13,737 | 20,171 | — | — | |
| Investment in non-marketable securities | — | 1,500 | — | — | — | |
| Total Non-Current Assets | 299,770 | 463,325 | 559,342 | — | — | |
| TOTAL ASSETS | 25 | 3 | 6 | — | — | |
| Customer deposits | 168,603 | 96,976 | 101,575 | — | — | |
| Operating lease liabilities, current | 93,781 | 150,370 | 138,548 | — | — | |
| Other payables and accrued liabilities ($1,631 and $1,478 are included in the consolidated VIE that are without recourse to the credit of Agape ATP Corporation as of December 31, 2025 and 2024, respectively.) | 794,913 | 712,436 | 726,061 | — | — | |
| Finance lease liabilities, current | 25,342 | 21,635 | 7,075 | — | — | |
| Income tax payable | 1,132 | 4,434 | — | — | — | |
| Total Current Liabilities | 2 | 1 | 1 | — | — | |
| Operating lease liabilities, non-current | 8,761 | 75,425 | 219,530 | — | — | |
| Finance lease liabilities, non-current | 101,902 | 115,350 | 72,563 | — | — | |
| Total Non-Current Liabilities | 110,663 | 190,775 | 292,093 | — | — | |
| TOTAL LIABILITIES | 2 | 1 | 1 | — | — | |
| COMMITMENTS AND CONTINGENCIES (Note 20) | — | — | — | — | — | |
| Preferred stock, $0.0001 par value; 200,000,000 shares authorized; None issued and outstanding | — | — | — | — | — | |
| Common Stock, par value $0.0001; 500,000,000 and 50,000,000 shares authorized, 1,000,626 and 79,781 shares issued and outstanding as of December 31, 2025 and 2024, respectively. | 100 | 8 | 386 | — | — | |
| Additional paid in capital | 34 | 11 | 11 | — | — | |
| Accumulated deficit | −12 | −10 | −7 | — | — | |
| Accumulated other comprehensive income | −14,690 | 27,852 | 30,215 | — | — | |
| TOTAL AGAPE CORPORATION STOCKHOLDERS EQUITY | 22 | 2 | 4 | — | — | |
| NON-CONTROLLING INTERESTS | −33,448 | −3,793 | 11,779 | — | — | |
| TOTAL EQUITY | 22 | 2 | 4 | — | — | |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | 25 | 3 | 6 | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation of property and equipment | 20,189 | 52,570 | 70,337 | 71,754 | 75,797 | |
| Amortization of intangible assets | 4,714 | 4,770 | 5,645 | 2,122 | — | |
| Amortization of operating right-of-use assets | 158,924 | 139,867 | 147,212 | 144,064 | 139,451 | |
| Amortization of finance lease assets | 44,151 | 29,445 | — | — | — | |
| Gain on disposal of property and equipment | — | −112 | −1,753 | — | — | |
| Unrealized exchange gain | −825,706 | — | — | — | — | |
| Allowance for credit loss | 519,442 | 98,705 | 29,955 | — | — | |
| Deferred tax expense | 0 | 220 | −220 | −14,751 | 10,127 | |
| Inventory write off | 7,035 | — | — | — | — | |
| Inventory write-down | 11,825 | 7,081 | — | 5,307 | 36,241 | |
| Accounts receivables | 32,132 | −28,295 | −53,641 | −2,824 | 167,566 | |
| Amount due from related parties | 162 | 8,889 | −995 | −3,786 | — | |
| Inventories | 3,348 | −4,225 | −3,216 | 343,483 | 192,713 | |
| Prepaid taxes | 17,406 | −22,322 | 305,567 | 263,404 | 430,062 | |
| Prepayments and deposits | −380,199 | −434,447 | −34,532 | 61,500 | −128,363 | |
| Other receivables | 2,489 | −2,105 | 8,961 | 27,613 | — | |
| Accounts payable | −21,972 | 44,657 | 28,109 | 15,825 | — | |
| Accounts payable related parties | 14,010 | −5,107 | 10,347 | 25,597 | — | |
| Customer deposits | 58,581 | −7,340 | −248,299 | 94,877 | 52,981 | |
| Operating lease liabilities | −159,762 | −139,476 | −147,951 | −145,197 | −138,143 | |
| Other payables and accrued liabilities | 112,551 | 14,761 | 3,485 | −119,963 | 226,651 | |
| Other payables related parties | 286,391 | −7,065 | 3,185 | 4,878 | — | |
| Income tax payables | −3,573 | 4,340 | −10,591 | 6,974 | 3,988 | |
| Net cash used in operating activities | −2 | −3 | −2 | −811,683 | −845,842 | |
| Purchase of property and equipment | −1,049 | −50,162 | −52,320 | −9,433 | −3,959 | |
| Proceeds from disposal of property and equipment | — | 112 | 35,069 | — | — | |
| Advances for investment | −23 | — | — | — | — | |
| Net cash used in investing activities | −23 | −50,050 | −17,251 | −32,119 | −3,959 | |
| Proceeds from disposal of non-marketable securities | 500 | — | — | — | — | |
| Payment of finance lease liabilities | −22,685 | −11,856 | −9,594 | — | — | |
| Net proceeds from issuance of common stock | 23 | — | 6 | — | — | |
| Advance from director | 520,831 | — | — | — | — | |
| Net cash provided by financing activities | 23 | −11,856 | 5 | −234,466 | −19,061 | |
| EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS | 15,654 | −4,096 | 15,067 | −81,150 | −50,890 | |
| DECREASE IN CASH AND CASH EQUIVALENTS | −2 | −3 | 3 | −1 | −919,752 | |
| Income taxes paid | 10,368 | 24,003 | 34,844 | — | — | |
| Refund of prepaid tax | 21,917 | 1,681 | 326,024 | — | — | |
| Motor vehicle acquired through finance lease | — | 65,761 | 78,824 | — | — | |
| Operating lease right-of-use assets obtained in exchange for lease liabilities | 5,059 | — | 428,523 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Agape ATP Corp's CIK number?
Agape ATP Corp's SEC CIK number is 0001713210 (1713210). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Agape ATP Corp's SEC filings?
All of Agape ATP Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.