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NIVF · NASDAQ · Medical - Care Facilities

NewGenIVF Group (NIVF)

Provides fertility treatment and referral services in Thailand, Cambodia, and Kyrgyzstan.

$1.23
Pre-market+0.03 (+2.50%)
At close$1.20(−9.77%)
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NewGenIvf Group LimitedNIVFHealth Care

Provides assisted-reproduction treatments through clinics in Thailand and Cambodia and earns referral commissions in Kyrgyzstan. Audited revenue remains tied to IVF and fertility referrals, while cell sorting, UAE real estate, digital assets, and prediction-market initiatives sit outside its reportable segments.

Operates assisted-reproduction clinics in Thailand and Cambodia, providing IVF/ICSI, embryo transfer, egg donation where permitted, genetic testing, and related laboratory services. Also earns commissions by referring customers to independent fertility and surrogacy agents in Kyrgyzstan; clients generally pay before service, and revenue is recognized when treatments conclude or referral commissions are received.

Owns MicroSort sperm-sorting technology and Nodexus cell-sorting assets, with a disclosed plan to lease devices to clinics and charge equipment and consumables fees. NewGenProperty's UAE venture and NewGenDigital's digital-asset and AI prediction-market activities sit outside the audited reportable segments, which remain IVF and fertility referrals. Clinical operations and expansion depend on licenses, cross-border patient access, and local partners.

Company facts

CEOWing Fung Alfred Siu
ListedApr 4, 2024
ExchangeNASDAQ
HeadquartersBangkok, Thailand
CountryThailand
Employees87
CIK0001981662
ISINVGG0544E5011

Market cap$76.4K
EPS (ttm)$140.06
P/E (ttm)0.0086
ROE32.7%
P/B0.0030
P/S0.0282
Dividend yieldDiv yield
Beta1.41vs XLV −0.55

No analyst consensus on record.

EPSReportedEstimate

Sep '24Dec '24Sep '25Oct '25Apr '26Jun '26Jul '26Sep '26
Reported−$0.39−$0.95$147.77$1.52$0.51−$2.02−$6.06$18.18
Estimate$139.05$185.40$556.20$18.18
Surprise−99.6%−101.1%−101.1%0.0%

RevenueReportedEstimate

Sep '24Dec '24Sep '25Oct '25Apr '26Jun '26Jul '26Sep '26
Reported$1.5M$1.3M$1.3M$2.0M$2.7M$2.7M$2.7M$20.1M
Estimate$2.9M$2.9M$2.9M$20.1M
Surprise−5.8%−5.8%−5.8%0.0%
Estimate$18.18
Reported$18.180.0%
Estimate$20.1M
Reported$20.1M0.0%
View details

Debt to equity18.30%
Current ratio312.00%

ProfitabilityRevenueNet incomeNet margin

Q1 FY23Q2 FY23Q3 FY23Q4 FY23Q3 FY24Q4 FY24Q3 FY25Q4 FY25
Revenue$0$0$0$1.5M$1.5M$1.3M$1.3M$1.4M
Net income$52.1K$85.5K$127.0K$335.6K−$19.9K−$108.0K$16.8M−$7.7M
Net margin22.1%0.0%0.0%1,312.0%0.0%

GrowthOperating income

Q1 FY23Q2 FY23Q3 FY23Q4 FY23Q3 FY24Q4 FY24Q3 FY25Q4 FY25
Operating income−$510.5K−$367.0K−$377.7K$196.8K$216.3K−$1.1M−$2.5M−$5.0M
YoY growth−653.3%−1,261.5%

Balance sheet, Dec 31, 2025Cash & short-term investments $758.6K · Total debt $4.9M · Total assets $32.7M · Shareholders' equity $26.6M

Revenue
$1.4M
Operating income
−$5.0M
Net income
−$7.7M
View details

No dividends on record.

Institutions4 holders · as of Mar 31, 20260.29%190 shares
Insiders3 holders · as of Sep 2, 20263.73M shares
Strategic holders2 holders · as of Jun 8, 20262.0K shares

institutions as of Mar 31, 2026 · holders as of their latest filing

No reliable share count is available for this listing, so stakes are shown as shares, not percentages.

A stock split fell inside the quarter, so quarter-on-quarter changes are not shown.

The institutional percentage is the one reported with the filings, not one recomputed on the share count here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Kong Yiu CheungInsiderdirector, 10 percent owner
3.72MForm 4filed Sep 2, 2026
Hei Yue Tina Fong1Insiderdirector
6,321Form 4filed Jun 5, 2026
Wing Fung Alfred SiuInsiderdirector
6,320Form 4filed Jun 5, 2026
HRT Financial LPStrategic10 percent owner
2,015Form 4filed Jun 8, 2026
Tower Research Capital LLC (TRC)Institution
1,50013Fas of Mar 31, 2026
See all 13
  1. Reported at 2.80% on Jun 8, 2026, under the 5% line, so no further filing is required.

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 27, 2026Kong Yiu Cheungdirector, 10 percent owner: +2,500,000$1.00
Jun 18, 2026Kong Yiu Cheungdirector, 10 percent owner: +500,000$1.33
Jun 2, 2026Kong Yiu Cheungdirector, 10 percent owner: +500,000$1.33
May 28, 2026Kong Yiu Cheungdirector, 10 percent owner: +222,223$1.50
Jun 4, 2026HRT Financial LP10 percent owner−64,945$0.7810
View details

  • Safehold

    Bangkok IVF, ICSI, and PGT clinic rival.

  • Cytek

    Cell-sorter and cytometry rival for clinical and research labs.

ComparePre-market

CompanyPriceChange
NewGenIVF Group$1.23+2.50%$76.4K0.00.0+895.3%
Safehold$15.48+1.11%$1.09B9.49.32.6+22.1%
Cytek$4.60−1.92%$605.7M2.9+5.6%
Median9.49.32.8+13.8%