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ANPA

Rich Sparkle Holdings Limited Ordinary Shares

ANPA

Rich Sparkle Holdings Limited Ordinary Shares • NASDAQ
$16.31 ▼ -38.57% (-10.24)
Market Cap $203.88 M
52w High $54.75
52w Low $2.80
Dividend Yield 0%
P/E 271.83
Volume 35.16K
Outstanding Shares 12.50M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $320.161K ▼ $6.324M ▲ $3.776M ▲ $2.549M ▲
Q2-2024 $518.145K $4.821M $3.264M $1.558M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow

Five-Year Company Overview

Income Statement

Income Statement The income statement shows a tiny, almost flat level of revenue over the last few years and results that are basically around breakeven. This suggests a business that has not yet scaled meaningfully in financial terms. Reported earnings per share have improved a bit, but off a very small base, so they say more about accounting and share count than about strong underlying profit growth. Overall, the historical figures look like those of a small, early-stage or transition‑phase company rather than a mature, profit-driven operation.

Balance Sheet

Balance Sheet The balance sheet appears very light: only modest assets, minimal or no reported debt, and little visible equity prior to the IPO. That points to a lean capital structure and a company that has not yet built up substantial physical or financial resources. The upcoming and recent capital-raising activities are likely to reshape this picture dramatically, so current balance sheet data should be seen as a pre‑scale snapshot rather than a stable, long‑term state.

Cash Flow

Cash Flow Cash flow disclosures are essentially flat, with no meaningful operating cash inflow or outflow and no notable investment or capital spending reported. This is consistent with a small, service‑oriented business that has not yet ramped up investment or large-scale operations, or with limited historical reporting detail. The important point is that the company’s future cash profile will depend heavily on how it deploys IPO proceeds and whether its new AI and Web3 initiatives start to generate recurring cash rather than just paper gains or token holdings.

Competitive Edge

Competitive Edge Rich Sparkle currently has its footing in a niche but demanding area: financial printing and related corporate services in Hong Kong. Within that niche, it reportedly holds a solid position with a sizable roster of listed-company clients and good retention, which provides a real, if narrow, base of recurring work. The planned pivot into AI‑enhanced services and the Web3 “EduFi” ecosystem moves the company into much more competitive and fast‑moving arenas, where larger technology, fintech, and blockchain players already operate. Its edge comes from combining its existing relationships and regulatory experience with new technology, but the durability of that edge will depend on execution and how quickly competitors respond.

Innovation and R&D

Innovation and R&D Innovation is the core of the current strategy. The company aims to embed generative AI into financial document production, potentially making its traditional services faster, more accurate, and more scalable. At the same time, it is pushing into the EduFi space, working with major Web3 partners to help build a token-based education finance ecosystem and related ESG and compliance tools. These are ambitious, forward‑looking moves rather than mature, proven products. The main question is not whether the ideas are novel—they are—but whether the company can turn them into reliable, widely used offerings before larger or better‑funded rivals crowd the space.

Summary

ANPA is in the middle of a major transition: from a small, specialized financial printing provider into a technology‑driven platform at the intersection of AI, finance, and Web3 education. The historical financials are very modest and do not yet reflect a scaled or strongly profitable business; they mainly show that the legacy operation is small and relatively neutral in profit terms. The real story now lies in how effectively management can use fresh capital to build AI-enhanced services, develop the EduFi ecosystem with its partners, and expand geographically, including into the US. The opportunity is that a successful pivot could transform a niche service firm into a higher‑growth technology player. The main risks are execution, heavy competition in AI and Web3, regulatory uncertainty around tokens and education finance, and the gap between ambitious plans and the currently tiny financial base.

NEWS

November 20, 2025 · 9:48 PM UTC

Open Campus and Animoca Brands partner with Nasdaq-listed ANPA for US$50 million EDU token strategy

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September 30, 2025 · 7:45 AM UTC

Rich Sparkle Holdings Limited Announces Unaudited Financial Results For The Six Months Ended March 31, 2025

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