Able View Global net income drops to US$963,702 as revenue rises 28% to US$59.72 million
ABLV•Able View Global reported net income of US$963,702 for the six months ended June 30, 2026, down from US$3.42 million a year earlier. Revenue rose 28% to US$59.72 million, while the company later raised US$2 million by selling 5,830,904 Class B shares at US$0.343 each.
1. Six-month results
Able View Global reported net income of US$963,702 for the six months ended June 30, 2026, compared with US$3,419,915 in the prior-year period. Revenue increased 28% to US$59.72 million, income from operations rose to US$1.64 million, and gross profit climbed 21% to US$8.32 million. Net cash used in operating activities was US$3.89 million. Management said revenue growth was primarily driven by higher Clarins product sales and the addition of three new brands.
2. Share sale
After the period, the company sold 5,830,904 Class B ordinary shares at US$0.343 per share, raising US$2 million.
