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GRNQ

Greenpro Capital Corp.

GRNQ

Greenpro Capital Corp. • NASDAQ
$1.56 ▼ -9.30% (-0.16)
Market Cap $13.01 M
52w High $2.50
52w Low $0.83
Dividend Yield 0%
P/E -9.75
Volume 21.60K
Outstanding Shares 8.34M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $393.228K ▼ $784.61K ▼ $-513.225K ▲ -130.516% ▲ $-0.07 ▲ $213.554M ▲
Q2-2025 $427.092K ▲ $944.949K ▼ $-574.128K ▲ -134.427% ▲ $-0.074 ▲ $-514.478K ▲
Q1-2025 $352.755K ▼ $948.046K ▼ $-635.576K ▼ -180.175% ▼ $-0.084 ▼ $-628.915K ▼
Q4-2024 $1.937M ▲ $1.2M ▲ $443.156K ▲ 22.877% ▲ $0.059 ▲ $616.093K ▲
Q3-2024 $539.699K $868.333K $-330.32K -61.204% $-0.044 $-267.652K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.012M ▲ $6.124M ▼ $1.794M ▲ $4.293M ▼
Q2-2025 $833.234K ▼ $6.555M ▲ $1.739M ▼ $4.779M ▲
Q1-2025 $885.924K ▼ $6.319M ▼ $1.741M ▲ $4.541M ▼
Q4-2024 $1.125M ▲ $6.474M ▼ $1.28M ▼ $5.157M ▲
Q3-2024 $1.028M $6.736M $1.87M $4.828M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-513.225K ▲ $-406.348K ▲ $-1.327K ▼ $297.474K ▼ $-57.846K ▼ $-407.64K ▲
Q2-2025 $-574.128K ▲ $-531.732K ▼ $0 ▼ $470.277K ▲ $-52.69K ▲ $-531.732K ▼
Q1-2025 $-635.576K ▼ $-240.942K ▼ $39.95K ▼ $6.959K ▲ $-238.894K ▼ $-240.942K ▼
Q4-2024 $443.156K ▲ $-168.58K ▼ $268.012K ▲ $-25.235K ▲ $97.305K ▲ $-168.553K ▼
Q3-2024 $-330.32K $-151.009K $124.213K $-41.629K $-161.976K $-151.704K

Revenue by Products

Product Q3-2024Q1-2025Q2-2025Q3-2025
Corporate Advisory Listing Services
Corporate Advisory Listing Services
 $0 ▲$0 ▲$0 ▲$0 ▲
Corporate Advisory Non Listing Services
Corporate Advisory Non Listing Services
 $0 ▲$0 ▲$0 ▲$0 ▲
Rental of Real Estate Properties
Rental of Real Estate Properties
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement The income picture looks extremely small-scale and uneven. Reported revenue and gross profit are essentially absent over the past several years, suggesting either very limited operating activity or gaps in reported data. Earnings per share have swung sharply from losses to a brief positive year and back to losses, which is typical of a very small, early‑stage or transitional business. Overall, the company does not yet show a stable, recurring profit engine and appears to still be in the “building and repositioning” stage rather than a mature consulting or financial platform with steady income.

Balance Sheet

Balance Sheet The balance sheet is very light. Total assets and shareholder equity are both quite small, and cash on hand has been minimal. On the positive side, the company carries no meaningful debt, so there is no heavy interest burden. However, the small asset base and thin equity cushion mean there is limited room to absorb setbacks, fund growth internally, or withstand long periods without stronger revenue. This is the profile of a lean, high‑risk, early‑stage platform rather than a large, well‑capitalized financial group.

Cash Flow

Cash Flow Reported operating cash flow and free cash flow are effectively flat at near-zero levels in recent years, matching the limited income statement activity. There is also no visible capital spending in the data, which suggests that either investments are modest, off‑balance‑sheet, or funded in nontraditional ways such as equity issuance or partnerships. In practical terms, the business does not yet demonstrate self‑funding operations; it likely depends on external capital or very low operating intensity to keep going while it develops its new model.

Competitive Edge

Competitive Edge Strategically, the company is trying to carve out a niche at the intersection of Islamic finance, ESG, and digital assets in ASEAN markets. Its focus on Shariah‑compliant products, tokenization of real‑world, sustainability‑linked assets, and an integrated platform (exchange plus digital banking) gives it a differentiated angle compared with generic crypto or fintech players. The first‑mover emphasis in Islamic digital banking and ESG‑linked tokens is a potential advantage. At the same time, the company’s tiny scale, limited financial resources, and heavy regulatory and execution demands leave its competitive position fragile. Larger financial institutions and better‑funded fintechs could move into the same space, so Greenpro’s supposed “moat” will depend on how quickly and credibly it can turn its plans into a functioning ecosystem with real user adoption.

Innovation and R&D

Innovation and R&D Innovation is clearly the core focus. The GreenX ecosystem, with a Shariah‑compliant digital asset exchange, a planned digital bank, and tokenization of real‑world ESG projects like aeroponic farming, shows a strong push toward new finance models rather than traditional consulting. The company is trying to integrate AI‑driven liquidity tools and decentralized finance features to make its platform more seamless. Conceptually, this is ambitious and forward‑looking, especially within Islamic and ESG‑aligned finance. The main risk is execution: the ideas are cutting‑edge, but the company must still secure regulatory approvals, scale technology, attract users, and build trustworthy track records for these tokenized projects. Innovation is a strength on paper, but the commercial payoff is not yet proven.

Summary

Overall, Greenpro looks more like a speculative “new finance” platform in development than a mature consulting or financial services firm. Financial statements show very small scale, no clear recurring revenue base, and no demonstrated ability yet to generate consistent cash flow or profits. The balance sheet is light but not burdened by debt, which gives some flexibility but also means limited internal resources. The strategic story is centered on a bold pivot: building a Shariah‑compliant, ESG‑oriented digital asset and banking ecosystem in ASEAN. If executed well, this could tap into a distinct market niche with less direct competition. However, the gap between vision and current financial reality is large. Future performance will hinge on regulatory approvals, successful launch of the digital bank, real adoption of the GreenX platform, and expansion of tangible tokenized projects. For now, Greenpro is best understood as a high‑uncertainty, early‑stage transformation story rather than a stable, earnings‑driven enterprise.

NEWS

September 23, 2025 · 9:00 AM UTC

GreenX Launches Comprehensive Digital Ecosystem at Kuala Lumpur Summit, Ushering in a New Era of Green Finance

Read more