Security
FINTECH SCION LIMITED · HWGC
HWGCNASDAQCommon stockHistorical · closed Aug 9, 2023CIK 1623590Updated Oct 6, 2026
Name history
HWGC Holdings Ltd · through May 15, 2023Vitaxel Group Ltd · through Jan 28, 2022ALBERO, CORP. · through Dec 23, 2015
Current security for this SEC filerFINR · OTC
HWGC price & chart
Historical security
This listing closed Aug 9, 2023. Live provider charts are shown only for current listings.
Current security: FINR
In the news
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Recent filings
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Financials
FY 2023 · USDSource
Source
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balance sheet · annual statements
| Line item | Q3 2024 | Q3 2023 | Q3 2022 | Q2 2024 | Q2 2023 | Q2 2022 | Q1 2024 | Q1 2023 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 20,901,487Source | 60,488,977Source | 224,499Source | 20,417,969Source | 61,220,439Source | 196,478Source | 20,547,836Source | 63,221,938Source | 21,078,344Source | 63,825,261Source | 182,987Source | 241,481Source |
| Property, Plant and Equipment, NetUSD | 31,447Source | 40,059Source | 14,593Source | 33,063Source | 40,779Source | 17,874Source | 35,736Source | 42,018Source | 38,600Source | 38,862Source | 24,048Source | 41,068Source |
| GoodwillUSD | 16,657,653Source | 55,794,524Source | — | 16,657,653Source | 55,794,524Source | — | 16,657,653Source | 55,794,524Source | 16,657,653Source | 55,794,524Source | — | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 11,465Source | 42,455Source | — | 19,212Source | 50,201Source | — | 26,960Source | 52,328Source | 34,707Source | 59,803Source | — | — |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 4,014,768Source | 3,725,144Source | 47,178Source | 3,455,972Source | 4,493,145Source | 11,422Source | 3,585,341Source | 3,892,882Source | 3,765,959Source | 3,791,378Source | 37,033Source | 46,551Source |
| Inventory, NetUSD | 12,000Source | 14,233Source | — | 12,000Source | 15,772Source | — | 12,000Source | 2,237Source | 12,000Source | 2,272Source | — | 2,525Source |
| Assets, CurrentUSD | 4,200,922Source | 4,611,939Source | 129,704Source | 3,708,041Source | 5,334,935Source | 85,120Source | 3,827,487Source | 7,333,068Source | 4,347,384Source | 7,932,072Source | 124,171Source | 112,313Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | 80,202Source | — | — | 93,484Source | — | — | — | — | 34,768Source | 88,100Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 4,129,055Source | 2,045,811Source | 4,858,790Source | 3,391,996Source | 2,616,735Source | 4,807,611Source | 3,054,144Source | 4,322,551Source | 2,755,862Source | 4,943,467Source | 4,768,952Source | 4,974,743Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 198,743Source | 198,743Source | 5,409Source | 198,743Source | 198,743Source | 5,409Source | 198,743Source | 198,743Source | 298,743Source | 198,743Source | 5,409Source | 5,409Source |
| Retained Earnings (Accumulated Deficit)USD | -41,535,796Source | 891,336Source | -9,934,315Source | -41,341,454Source | 1,034,134Source | -9,754,967Source | -40,877,125Source | 1,346,797Source | -40,140,592Source | 1,342,788Source | -9,598,819Source | -9,576,061Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -37,302Source | 579,493Source | 544,817Source | 21,668Source | 596,998Source | 388,627Source | 24,911Source | 579,959Source | 16,734Source | 565,935Source | 257,647Source | 87,592Source |
| Stockholders' Equity Attributable to ParentUSD | 16,774,155Source | 58,440,570Source | -4,634,291Source | 17,027,467Source | 58,600,873Source | -4,611,133Source | 17,495,039Source | 58,896,497Source | 18,323,395Source | 58,881,794Source | -4,585,965Source | -4,733,262Source |
| Additional Paid in Capital, Common StockUSD | 58,148,510Source | 111,770,998Source | 4,749,798Source | 58,148,510Source | 111,770,998Source | 4,749,798Source | 58,148,510Source | 111,770,998Source | 58,148,510Source | 111,770,998Source | 4,749,798Source | 4,749,798Source |
| Liabilities and EquityUSD | 20,901,487Source | 60,488,977Source | 224,499Source | 20,417,969Source | 61,220,439Source | 196,478Source | 20,547,836Source | 63,221,938Source | 21,078,344Source | 63,825,261Source | 182,987Source | 241,481Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 4,129,055Source | 2,045,811Source | 4,786,358Source | 3,391,996Source | 2,616,735Source | 4,731,425Source | 3,054,144Source | 4,322,551Source | 2,755,862Source | 4,943,467Source | 4,766,376Source | 4,934,483Source |
| Operating Lease, Liability, CurrentUSD | — | — | 8,443Source | — | — | 17,682Source | — | — | — | — | 30,289Source | 47,974Source |
| Accounts Payable, CurrentUSD | 335,046Source | 25,111Source | 140Source | 382,109Source | 1,191,833Source | 817Source | 327,122Source | 1,932,735Source | 47,662Source | 2,131,388Source | 78Source | 230Source |
| Operating Lease, Liability, NoncurrentUSD | — | — | 72,432Source | — | — | 76,186Source | — | — | — | — | 2,576Source | 40,260Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -1,723Source | 2,596Source | — | -1,494Source | 2,831Source | — | -1,347Source | 2,890Source | -913Source | — | — | — |
cash flow · annual statements
| Line item | Q4 2023 | Q4 2022 | Q3 2024 | Q3 2023 | Q2 2024 | Q2 2023 | Q1 2024 | Q1 2023 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | -194,573Source | -143,032Source | -464,476Source | -312,724Source | — | 3,569Source | -40,662,716Source | 5,918,970Source | -22,758Source | 11,857Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 10,352Source | 10,819Source | 37,853Source | 37,471Source | 58,467Source | 37,197Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | -19,663Source | -650,768Source | -1,732,221Source | 1,792,195Source | — | — |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | — | -35Source | 9,728Source | 2,272Source | -2,525Source | 1,997Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | 279,460Source | -198,653Source | -569,993Source | 2,131,310Source | -152Source | 76Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -231,191Source | 933,677Source | 295,531Source | -320,584Source | 16,539Source | 76,797Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 259Source | -6,500Source | -12,496Source | 3,715,989Source | — | -4,348Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | — | 6,500Source | 12,496Source | — | — | 4,348Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 42,137Source | -839,697Source | -311,858Source | 391,805Source | -24,464Source | -89,758Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -180,618Source | 101,504Source | -25,419Source | 3,754,345Source | -9,518Source | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | — | — | — | 8,177Source | 14,024Source | 3,404Source | -32,865Source | -1,593Source | — |
| Additional Financial Items | ||||||||||||
| DepreciationUSD | — | — | 3,474Source | 2,893Source | 2,680Source | 3,535Source | 2,605Source | 3,344Source | 12,758Source | 7,569Source | 15,590Source | 25,664Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | — | — | — | 5,481,178Source | — | — |
| General and Administrative ExpenseUSD | — | — | 398,340Source | 1,259,700Source | 409,548Source | 900,620Source | 883,892Source | 871,366Source | 3,415,786Source | 2,278,989Source | 451,154Source | 642,241Source |
| GoodwillUSD | — | — | 16,657,653Source | 55,794,524Source | 16,657,653Source | 55,794,524Source | 16,657,653Source | 55,794,524Source | 16,657,653Source | 55,794,524Source | — | — |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 39,136,871Source | — | — | — |
| Income Tax Expense (Benefit)USD | — | — | — | -996Source | — | -453Source | — | -2,626Source | 165,485Source | 5,057Source | — | — |
| Inventory Write-downUSD | — | — | — | — | — | — | — | — | — | — | — | 16,922Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -194,344Source | -142,799Source | -464,329Source | -312,663Source | -736,533Source | 4,009Source | -40,661,803Source | 5,918,970Source | -22,758Source | 11,857Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -229Source | -233Source | -147Source | -61Source | 434Source | 440Source | 913Source | — | — | — |
| Operating ExpensesUSD | — | — | 398,340Source | 1,259,700Source | 409,548Source | 900,620Source | 883,892Source | 871,366Source | 42,552,657Source | 2,288,779Source | 451,177Source | 642,794Source |
| Other Nonoperating Income (Expense)USD | — | — | -7,615Source | 241,328Source | -114,694Source | 46,285Source | -75,319Source | 30,402Source | 323,872Source | 5,143,801Source | 428,156Source | 650,183Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | -100,000Source | — | 100,000Source | — | — | — |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | —Source | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2023 | Q4 2022 | Q3 2024 | Q3 2023 | Q2 2024 | Q2 2023 | Q1 2024 | Q1 2023 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 220,209Source | 946,830Source | 81,571Source | 583,628Source | 259,394Source | 847,194Source | 2,420,184Source | 3,084,279Source | 3,124Source | 18,872Source |
| Cost of Goods and Services Sold | — | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | — | — | -186,958Source | -385,356Source | -349,782Source | -359,462Source | -661,648Source | -24,207Source | -40,821,103Source | 780,226Source | -450,914Source | -638,326Source |
| Other Nonoperating Income (Expense)USD | — | — | -7,615Source | 241,328Source | -114,694Source | 46,285Source | -75,319Source | 30,402Source | 323,872Source | 5,143,801Source | 428,156Source | 650,183Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -194,573Source | -144,028Source | -464,476Source | -313,177Source | -736,967Source | 6,195Source | -40,497,231Source | 5,924,027Source | 24,804Source | 11,857Source |
| Income Tax Expense (Benefit)USD | — | — | — | -996Source | — | -453Source | — | -2,626Source | 165,485Source | 5,057Source | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -229Source | -233Source | -147Source | -61Source | 434Source | 440Source | 913Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -194,344Source | -142,799Source | -464,329Source | -312,663Source | -736,533Source | 4,009Source | -40,661,803Source | 5,918,970Source | -22,758Source | 11,857Source |
| Additional Financial Items | ||||||||||||
| General and Administrative ExpenseUSD | — | — | 398,340Source | 1,259,700Source | 409,548Source | 900,620Source | 883,892Source | 871,366Source | 3,415,786Source | 2,278,989Source | 451,154Source | 642,241Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 39,136,871Source | — | — | — |
| Gross ProfitUSD | — | — | 211,382Source | 874,344Source | 59,766Source | 541,158Source | 222,244Source | 847,159Source | 1,731,554Source | 3,069,005Source | 263Source | 4,468Source |
| Operating ExpensesUSD | — | — | 398,340Source | 1,259,700Source | 409,548Source | 900,620Source | 883,892Source | 871,366Source | 42,552,657Source | 2,288,779Source | 451,177Source | 642,794Source |
| Other ExpensesUSD | — | — | 7,615Source | 58Source | 114,694Source | 230Source | 77,426Source | 574Source | 73,660Source | 387,805Source | 11,844Source | 26,177Source |
| Other IncomeUSD | — | — | — | 241,386Source | — | 46,515Source | 2,107Source | 30,976Source | 397,532Source | 5,531,606Source | — | 213,282Source |
| Research and Development ExpenseUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | — | — |
| Selling ExpenseUSD | — | — | — | — | — | — | — | — | — | 9,790Source | 23Source | 553Source |