Agape ATP 10-K: Revenue $1.52M; Net loss $2.31M
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Agape ATP reported a revenue of $1.524 million for the year, marking a 15.2% increase year-over-year, despite a net loss of $2.308 million, which improved by 7.2% from the previous year. The gross profit was approximately $0.838 million, with a gross margin of 55.0%. The revenue growth was driven by a strategic shift towards wellness and green energy initiatives, with wellness product revenue increasing by 949% and green energy operations growing by 226.7%.
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