Company: ABLV
Filing Date: 2025-09-30
Form Type: 6-K
Source: 0001213900-25-093928
Chunk: 38

Company: Able View Global Inc.
Filing Date: 2025-09-30
Form: 6-K
Chunk 38
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 demand. Our ability to respond to rapid changes in channel technologies or requirements The e-commerce marketplaces that we operate in are characterized by rapid technological changes and frequent changes in rules, specifications and other requirements for us to be able to sell our brand partner’s products on particular channels. Our ability to retain and attract brand partners depends in large part on our ability to improve our existing capabilities, introduce new marketing and sales operation that can adapt quickly to the emerging channels, such as Douyin and Xiaohongshu, and adapt to the changes in channel technologies. To achieve market acceptance for our operations, we must effectively forecast and design operations that meet emerging channels and frequently changing channel requirements in a timely manner. If we fail to do so, our ability to renew our contracts with existing brand partners and expand our business with new brand partners will be impaired. 33 Key Components of Results of Operations Revenues We generated revenue primarily from (i) selling beauty and personal care products for our brand partners, of which the revenues are recognized on a gross basis, net of return allowances and consideration payable to customers when the products are delivered and title is passed to customers, and (ii) providing operation services for online stores owned by cosmetics brand names, of which the revenue was recognized over time when service is provided. For the six months ended June 30, 2025 and 2024, our revenues from continuing operations were comprised of the following:

| Revenues                                     |     | For the Six Months Ended 
 June                     
 30,                      
 2025                     |            |     | 2024 |            |
|:---------------------------------------------|:----|:-------------------------|-----------:|:----|:-----|-----------:|
| Sales of cosmetics and other beauty products |     | $                        | 43,777,664 |     | $    | 59,739,297 |
| Provision of operation services              |     |                          |  2,876,483 |     |      |  1,527,628 |
| Total revenue                                |     | $                        | 46,654,147 |     | $    | 61,266,925 |

Cost of revenues Our cost of revenues primarily consists of purchase price of products, inbound shipping charges and write-downs of inventories and labor costs which facilitates our operation services. Shipping charges to receive products from the suppliers are included in inventories, and recognized as cost of revenues upon sale of the products to the customers. Our cost of revenues from continuing operations were $39