Security
VXEL · Fintech Scion Ltd
VXELNYSE_AMERICANCommon stockHistorical · closed Apr 8, 2022CIK 1623590Updated Sep 29, 2026
Name history
HWGC Holdings Ltd · through May 15, 2023Vitaxel Group Ltd · through Jan 28, 2022ALBERO, CORP. · through Dec 23, 2015
VXEL price & chart
Historical security
This listing closed Apr 8, 2022. Live provider charts are shown only for current listings.
In the news
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Recent filings
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Financials
FY 2023 · USDSource
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Source
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balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 21,078,344Source | 63,825,261Source | 182,987Source | 241,481Source |
| Property, Plant and Equipment, NetUSD | 38,600Source | 38,862Source | 24,048Source | 41,068Source |
| GoodwillUSD | 16,657,653Source | 55,794,524Source | — | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 34,707Source | 59,803Source | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 3,765,959Source | 3,791,378Source | 37,033Source | 46,551Source |
| Inventory, NetUSD | 12,000Source | 2,272Source | — | 2,525Source |
| Assets, CurrentUSD | 4,347,384Source | 7,932,072Source | 124,171Source | 112,313Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | 34,768Source | 88,100Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,755,862Source | 4,943,467Source | 4,768,952Source | 4,974,743Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 298,743Source | 198,743Source | 5,409Source | 5,409Source |
| Retained Earnings (Accumulated Deficit)USD | -40,140,592Source | 1,342,788Source | -9,598,819Source | -9,576,061Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 16,734Source | 565,935Source | 257,647Source | 87,592Source |
| Stockholders' Equity Attributable to ParentUSD | 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 | 4,749,798Source |
| Liabilities and EquityUSD | 21,078,344Source | 63,825,261Source | 182,987Source | 241,481Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 2,755,862Source | 4,943,467Source | 4,766,376Source | 4,934,483Source |
| Operating Lease, Liability, CurrentUSD | — | — | 30,289Source | 47,974Source |
| Accounts Payable, CurrentUSD | 47,662Source | 2,131,388Source | 78Source | 230Source |
| Operating Lease, Liability, NoncurrentUSD | — | — | 2,576Source | 40,260Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -913Source | — | — | — |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -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 | 37,853Source | 37,471Source | 58,467Source | 37,197Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -1,732,221Source | 1,792,195Source | — | — |
| Increase (Decrease) in InventoriesUSD | 9,728Source | 2,272Source | -2,525Source | 1,997Source |
| Increase (Decrease) in Accounts PayableUSD | -569,993Source | 2,131,310Source | -152Source | 76Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 295,531Source | -320,584Source | 16,539Source | 76,797Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -12,496Source | 3,715,989Source | — | -4,348Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 12,496Source | — | — | 4,348Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -311,858Source | 391,805Source | -24,464Source | -89,758Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -25,419Source | 3,754,345Source | -9,518Source | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,404Source | -32,865Source | -1,593Source | — |
| Additional Financial Items | ||||
| DepreciationUSD | 12,758Source | 7,569Source | 15,590Source | 25,664Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | 5,481,178Source | — | — |
| General and Administrative ExpenseUSD | 3,415,786Source | 2,278,989Source | 451,154Source | 642,241Source |
| GoodwillUSD | 16,657,653Source | 55,794,524Source | — | — |
| Goodwill, Impairment LossUSD | 39,136,871Source | — | — | — |
| Income Tax Expense (Benefit)USD | 165,485Source | 5,057Source | — | — |
| Inventory Write-downUSD | — | — | — | 16,922Source |
| Net Income (Loss) Attributable to ParentUSD | -40,661,803Source | 5,918,970Source | -22,758Source | 11,857Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 913Source | — | — | — |
| Operating ExpensesUSD | 42,552,657Source | 2,288,779Source | 451,177Source | 642,794Source |
| Other Nonoperating Income (Expense)USD | 323,872Source | 5,143,801Source | 428,156Source | 650,183Source |
| Proceeds from Issuance of Common StockUSD | 100,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Total RevenueUSD | 2,420,184Source | 3,084,279Source | 3,124Source | 18,872Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -40,821,103Source | 780,226Source | -450,914Source | -638,326Source |
| Other Nonoperating Income (Expense)USD | 323,872Source | 5,143,801Source | 428,156Source | 650,183Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -40,497,231Source | 5,924,027Source | 24,804Source | 11,857Source |
| Income Tax Expense (Benefit)USD | 165,485Source | 5,057Source | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 913Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -40,661,803Source | 5,918,970Source | -22,758Source | 11,857Source |
| Additional Financial Items | ||||
| General and Administrative ExpenseUSD | 3,415,786Source | 2,278,989Source | 451,154Source | 642,241Source |
| Goodwill, Impairment LossUSD | 39,136,871Source | — | — | — |
| Gross ProfitUSD | 1,731,554Source | 3,069,005Source | 263Source | 4,468Source |
| Operating ExpensesUSD | 42,552,657Source | 2,288,779Source | 451,177Source | 642,794Source |
| Other ExpensesUSD | 73,660Source | 387,805Source | 11,844Source | 26,177Source |
| Other IncomeUSD | 397,532Source | 5,531,606Source | — | 213,282Source |
| Research and Development ExpenseUSD | 0Source | 0Source | — | — |
| Selling ExpenseUSD | — | 9,790Source | 23Source | 553Source |