Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 4

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 4
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to report to the CSRC any future offerings of our securities, or material events such as a change of control or delisting. As the Trial
Measures are newly issued, there remains uncertainty as to how it will be interpreted or implemented. Therefore, there is uncertainty
that if we are subject to such filing requirements under the Trial Measures, we will be able to get clearance from the CSRC in a timely
fashion.

A. Selected Financial Data

The following table sets forth a summary of our consolidated results
of operations for the years ended December 31, 2024, 2023, and 2022.

                                         For the Years Ended                                                                            
                                         December 31,                                                                                   
                                         2024                                       2023                        2022                    
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Total revenue                          $                         128,932,647      $          148,999,819      $          145,256,256  
  Total cost of revenue                  $                        (117,128,178      $         (111,990,554      $         (112,718,709  
  Total operating expenses               $                         (20,629,917      $          (23,688,244      $          (22,394,659  
  (Loss) income from operations          $                          (8,825,448      $           13,321,021      $           10,142,888  
  Total other expenses, net              $                            (766,791      $           (1,630,123      $             (770,052  
  (Loss) income before income taxes      $                          (9,592,239      $           11,690,898      $            9,372,836  
  Income tax benefits (expenses)         $                           2,172,827      $           (1,940,852      $           (1,469,225  
  Net (loss) income                      $                          (7,419,412      $            9,750,046      $            7,903,611  

The following table sets forth selected information from our consolidated
balance sheets as of December 31, 2024 and 2023.

                                                  December 31,      December 31,  
  Total Current Assets                             $40,272,952       $48,535,125  
  Total Non-current Assets                          $7,357,063