Company: ABLV
Filing Date: 2025-09-30
Form Type: 6-K
Source: 0001213900-25-093928
Chunk: 36

Company: Able View Global Inc.
Filing Date: 2025-09-30
Form: 6-K
Chunk 36
---
 continuing operations came to $43.8 million and $59.7 million, respectively. For the six months ended June 30, 2025 and 2024, revenue from provision of operation services from continuing operations came to $2.9 million and $1.5 million, respectively. For the six months ended June 30, 2025, the Company incurred net loss from continuing operations of $0.2 million. For the six months ended June 30, 2024, the Company generated net income from continuing operations of $0.9 million, respectively. Recent Development On June 27, 2025, the Company transferred 100% equity interest in Shanghai Jingyue Trading Co., Ltd. (“Shanghai Jingyue”) to a third party (the “Buyer”). The disposal of Shanghai Jingyue represents our strategic decision to streamline operations and focus resources on our core brand management business. The disposal of Shanghai Jingyue represents a strategic shift that has a significant effect on the Company’s financial results, which trigger discontinued operations accounting in accordance with ASC 205-20-45. Factors Affecting Results of Operations Our business, financial condition and results of operations have been, and are expected to continue to be, affected by a number of factors, which primarily include the following: Overall economic and political conditions Our business, financial condition and results of operations are sensitive to changes in overall economic and political conditions that affect consumer spending in China. In addition, the retail industry is highly sensitive to general economic changes. Many factors outside of our control, including inflation and deflation, interest rates, volatility of equity and debt securities markets, and other government policies can adversely affect consumer confidence and spending. The domestic and international political environments, including global inflation and uncertain financial markets or at all, could in turn adversely affect our business, financial condition, and results of operations. 32 Our ability to retain our existing brand partners We provide service to help distribute and sell cross-border products from various global brand owners through e-commerce platforms for brand partners primarily pursuant to contractual arrangements with a term typically ranging from 12 to 36 months. Although we are fairly confident that we will be able to renew the contracts with these brand partners, there is possibility that these contracts may not be renewed or, if renewed, may not be renewed under the same or more favorable terms for us. We may not be able to accurately predict future trends in brand partners renewals, and our brand partners’ renewal rates may decline or fluctuate due to factors