$ORISF

ORIENTAL RISE HOLDINGS Ltd

CIK:0001964664|SEC Filings

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Statement [Abstract]
Revenues from sales of product	$ 12,219	$ 15,014	$ 24,122
Cost of sales	(10,905)	(11,084)	(11,338)
Gross profit	1,314	3,930	12,784
Operating expenses:
Selling and distribution costs	(150)	(438)	(73)
Administrative expenses	(2,066)	(1,412)	(1,305)
Total operating expenses	(2,216)	(1,850)	(1,378)
Operating profit (loss)	(902)	2,080	11,406
Other income and loss, net	107	73	126
Gain on valuation of warrants	1,673
Finance costs	(15)	(150)	(149)
Profit before taxation	863	2,003	11,383
Income tax benefit (expense)	(182)	85	118
Net profit for the year	$ 681	$ 2,088	$ 11,501
Earnings per share
Basic (in Dollars per share)	$ 0.34	$ 3.36	$ 19.17
Diluted (in Dollars per share)		$ 3.36	$ 19.17
Weighted-average number of shares
Basic (in Shares)	2,006,185	620,532	600,000
Diluted (in Shares)	2,006,185	620,532	600,000

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Operating activities
Net profit	$ 681	$ 2,088	$ 11,501
Adjustments for:
Income tax (benefit) expense	182	(85)	(118)
Depreciation	1,191	1,108	1,111
Gain on valuation of warrants	(1,673)
Operating profit before working capital changes	381	3,111	12,494
Changes in assets and liabilities, net of effects of acquisitions:
Inventories	(319)	91	(106)
Trade receivables	(50)	233	(95)
Prepayments and other current assets	(679)	8	(5)
Trade payables	(16)	28
Accruals and other payables	274	(159)	425
Operating lease liabilities	(17)	(14)	(16)
Income tax payable	(157)	(148)	(146)
Cash generated from (used in) operating activities	(583)	3,150	12,551
Investing activities
Payments for and deposits paid for non-current assets	(2,397)	(258)	(1,763)
Cash used in investing activities	(2,397)	(258)	(1,763)
Financing activities
Proceeds from bank borrowings	139		141
Repayments of bank borrowings		(139)
Issue of shares upon listing		8,050
Share issuance expenses		(1,166)
Proceeds from Private Placement	6,926
Private Placement expenses	(643)
Amounts due to related parties	220	334	609
Cash generated from financing activities	6,642	7,079	750
Increase in cash and cash equivalents	3,662	9,971	11,538
Cash and cash equivalents at the beginning of the year	43,015	34,166	23,174
Effect of exchange rate changes	1,735	(1,122)	(546)
Cash and cash equivalents at the end of the year	48,412	43,015	34,166
Supplemental disclosure of cash flows information
Cash paid during the year for income tax	157	148	146
Cash paid during the year for interest	$ 3	$ 137	$ 136

Consolidated Statements of Financial Position - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 48,412	$ 43,015
Trade receivables	762	681
Inventories	2,279	1,869
Prepayments and other current assets	687	1
Total current assets	52,140	45,566
Property, plant and equipment, net	25,771	25,691
Deposits paid for non-current assets	2,345	103
Right-of-use assets	151	164
Deferred tax assets	738	596
Total non-current assets	29,005	26,554
Total assets	81,145	72,120
Current liabilities:
Short-term bank borrowings	143
Trade payables	12	28
Accruals and other payables	643	357
Lease liabilities, current portion	19	17
Income tax payable	156	13
Total current liabilities	2,615	1,837
Lease liabilities, non-current portion	168	179
Total non-current liabilities	168	179
Total liabilities	2,783	2,016
Shareholders’ equity
Ordinary shares (US$0.016 par value, 6,250,000 shares authorized, 1,100,625** shares issued and outstanding as of December 31, 2024 and US$0.016 par value, 6,125,000 shares authorized, 4,206,788 shares issued and outstanding as of December 31, 2025)
Founders Preferred Shares (US$0.016 par value, 125,000 shares authorized, 125,000** shares issued and outstanding as of December 31, 2025)	69	18
Receivables from shareholders	(3,210)	(3,210)
Share premium	16,305	11,745
Retained profits	65,388	64,707
Accumulated other comprehensive loss	(2,729)	(5,695)
Other reserves	2,539	2,539
Total shareholders’ equity	78,362	70,104
Total liabilities and shareholders’ equity	81,145	72,120
Related Party
Current liabilities:
Amounts due to related parties	$ 1,642	$ 1,422