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HWH · NASDAQ · Restaurants

HWH International (HWH)

Health-focused Hapi Café dining with a broader membership portfolio.

$1.92
At close+0.06 (+3.23%)
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HWH International Inc.HWHConsumer Discretionary

Operates Hapi Café health-focused dining locations and uses them to introduce a wider Hapi membership portfolio, while reported revenue remains entirely food-and-beverage sales concentrated in Singapore.

Runs Hapi Café, a health-focused dining concept offering nutritious, keto, and plant-based choices. Cafés function as food-and-beverage businesses and physical hubs for members to socialize and discover related offerings. Reported revenue comes entirely from food-and-beverage sales, with Singapore the sole revenue-producing company-operated geography in the latest update.

Markets Hapi Marketplace, a Hapi Wealth Builder education offering, Hapi Travel, and associated Hapi Robot, but filings do not identify those as current revenue lines; wealth is planned and the robotics marketplace had not launched. Operates with four employees, parent-provided staff and office space, outsourced functions, concentrated affiliate control, and dependence on related-party financing and Nasdaq compliance.

Company facts

CEOHeng Fai Ambrose Chan
ListedJan 9, 2024
ExchangeNASDAQ
HeadquartersBethesda, MD
CountryUnited States
Employees4
CIK0001897245
ISINUS44852G3092

Market cap$14.5M
EPS (ttm)−$0.3887
P/E (ttm)−4.84
ROE-103.9%
P/B5.18
P/S37.27
Dividend yieldDiv yield
Beta1.26vs XLY −0.18

No analyst consensus on record.

EPSReportedEstimate

Mar '26May '26Jul '26Aug '26
Reported−$0.29−$0.02−$0.02$0.03
Estimate
Surprise

RevenueReportedEstimate

Mar '26May '26Jul '26Aug '26
Reported$54.6K$64.2K$64.2K$64.2K
Estimate
Surprise
Estimate
Reported$0.03
Estimate
Reported$64.2K
View details

Debt to equity7.50%
Current ratio181.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$345.5K$287.1K$295.2K$310.4K$206.8K$54.6K$64.2K$64.2K
Net income−$548.5K−$317.5K−$565.1K$83.4K−$291.0K−$1.9M−$626.2K$212.0K
Net margin0.0%0.0%0.0%26.9%0.0%0.0%0.0%330.2%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$327.5K−$261.5K−$516.6K−$339.8K−$201.4K−$2.0M−$624.9K−$228.7K
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $1.6M · Total debt $206.2K · Total assets $4.5M · Shareholders' equity $2.7M

Revenue
$64.2K
Operating income
−$228.7K
Net income
$212.0K
View details

No dividends on record.

Institutions7 holders · as of Mar 31, 20260.59%45.4K shares
Insiders7 holders · as of Aug 17, 2026323.03%24.96M shares
Strategic holders1 holder · as of Nov 22, 202443.84%3.39M shares
Adds to367.46%

7.73M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 367.46%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Ming Hui LiuInsiderdirector, 10 percent owner
258.85%20.00MForm 4filed Aug 17, 2026
Heng Fai Ambrose ChanInsiderdirector, 10 percent owner, officer: Chief Executive Officer
60.75%4.69MForm 4filed Aug 11, 2026
Alset Inc.Strategic10 percent owner
43.84%3.39MForm 4filed Nov 22, 2024
Sheng Hon Danny LimInsiderdirector, officer: Chief Operating Officer
1.75%135,000Form 4filed Aug 11, 2026
Rongguo WeiInsiderofficer: Chief Financial Officer
0.65%50,000Form 4filed Aug 11, 2026
See all 16

Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 8, 2026Heng Fai Ambrose Chandirector, 10 percent owner, officer: Chief Executive Officer+250,000$2.00
Mar 30, 2026Heng Fai Ambrose Chandirector, 10 percent owner, officer: Chief Executive Officer−100,390$0.9830
View details

  • Starbucks

    Singapore café traffic and digital loyalty overlap.

  • Restaurant Brands International

    Coffee and quick-service food overlap through Tim Hortons.

  • McDonald's

    Coffee beverages and casual meal occasions overlap.

  • Herbalife

    Wellness nutrition and member-referral acquisition overlap.

  • Nu Skin

    Nutrition products and distributor-led member acquisition overlap.

  • USANA Health Sciences

    Healthy foods, supplements, and associate acquisition overlap.

Compare

CompanyPriceChange
HWH International$1.92+3.23%$14.5M37.3
Starbucks$106.55−0.16%$121.66B61.335.63.2−1.4%
Restaurant Brands International$81.83+3.74%$27.37B23.318.62.8+4.6%
McDonald's$261.67+0.26%$185.41B21.219.76.7+3.7%
Herbalife$12.30+1.07%$1.26B7.84.60.2+5.4%
Nu Skin$4.69−2.90%$234.5M5.00.2−17.1%
USANA Health Sciences$14.56−0.14%$268.8M14.30.3−5.3%
Median22.216.51.6+1.2%