Fundamentals

Select the financial statements you wish to view below.  The reports below may be viewed on either an annual or quarterly basis.

NASDAQAHG

For years ended March 31,

    

2022

    

2021

    

2020

USD

USD

USD

REVENUES

 

  

 

  

 

  

Commissions from online marketplace service

$

96,332

$

82,054

$

Recommendation service and other

3,916,276

Sale of medical devices

6,000,000

Interest income

215,393

1,690,448

3,043,096

Tax and surcharges

(633)

(17,567)

(44,898)

Net Revenues

 

6,311,092

 

1,754,935

 

6,914,474

Cost of goods sold

5,394,866

Gross Profit

916,226

1,754,935

6,914,474

OPERATING EXPENSE

  

  

  

Service and development

 

421,186

544,572

1,032,562

Sales and marketing

240,927

1,087,009

1,462,798

General and administrative

14,996,104

27,217,613

20,488,796

Impairment charge on long-term investments

1,600,000

29,189,836

Finance cost

804,138

2,154,621

2,498,706

Share-based compensation

391,625

55,468

347,466

Total Operating Expenses

16,853,980

32,659,283

55,020,164

LOSS FROM CONTINUING OPERATIONS

(15,937,754)

(30,904,348)

(48,105,690)

OTHER INCOME (EXPENSE)

  

Other income

40,776

100,067

1,239,705

Other expense

(821,322)

(264,985)

(7,545)

Total Other Income (Expense), net

(780,546)

(164,918)

1,232,160

(LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES

(16,718,300)

(31,069,266)

(46,873,530)

PROVISON FOR INCOME TAXES

131,433

482,976

489,955

NET (LOSS) FROM CONTINUING OPERATIONS

(16,849,733)

(31,552,242)

(47,363,485)

Net loss income from discontinued operations, net of income taxes

(6,439,549)

(23,834,894)

Gain from disposal of discontinued operations, net of income taxes

3,164,802

Total loss from discontinued operations

(3,274,747)

(23,834,894)

NET (LOSS)

(16,849,733)

(34,826,989)

(71,198,379)

Less: net income attributable to non-controlling interest

1,331

NET (LOSS) ATTRIBUTABLE TO AKSO’S SHAREHOLDERS

(16,851,064)

(34,826,989)

(71,198,379)

OTHER COMPREHENSIVE (LOSS)

Foreign currency translation adjustment

1,454,336

3,942,157

(5,288,742)

COMPREHENSIVE (LOSS)

(15,395,397)

(30,884,832)

(76,487,121)

Less: comprehensive income attributable to non-controlling interest

17

COMPREHENSIVE (LOSS) ATTRIBUTABLE TO AKSO’S SHAREHOLDERS

$

(15,395,414)

$

(30,884,832)

$

(76,487,121)

Net (loss) per share

Continuing operations

Basic

(0.28)

(0.64)

(0.97)

Diluted

(0.28)

(0.64)

(0.97)

Discontinued operations

Basic

(0.07)

(0.49)

Diluted

(0.07)

(0.49)

Net (loss) per share

Basic

$

(0.28)

$

(0.71)

$

(1.46)

Diluted

$

(0.28)

$

(0.71)

$

(1.46)

Weighted average shares

Basic

59,612,152

48,837,977

48,757,199

Diluted

 

59,612,152

48,837,977

48,757,199