$HBNB
Hotel101 Global Holdings Corp.
CIK:0002054507|SEC Filings
Consolidated Statement of Comprehensive Loss - USD ($) |
12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
[1] | Dec. 31, 2023 |
[1] | |||
| Statement of comprehensive income [abstract] | |||||||
| Rental income | $ 374,573 | $ 29,624 | $ 1,426 | ||||
| Real estate sales | 75,210,378 | 5,908,234 | |||||
| Other income | 281,139 | ||||||
| Total revenue | 75,866,090 | 5,937,858 | 1,426 | ||||
| Cost of real estate sales | (43,416,945) | (3,364,444) | |||||
| Gross margin | 32,449,145 | 2,573,414 | 1,426 | ||||
| Operating expenses | (15,468,713) | (7,458,773) | (2,071,644) | ||||
| Stock compensation expense | (15,550,314) | ||||||
| Results from operating activities | 1,430,118 | (4,885,359) | (2,070,218) | ||||
| Finance income | 38,665 | 27,084 | 11,713 | ||||
| Finance costs | (7,282,159) | (1,639,174) | (174,184) | ||||
| Equity in net income of an associate | 300,639 | ||||||
| Listing fee | (13,755,620) | ||||||
| Net finance costs | (20,698,475) | (1,612,090) | (162,471) | ||||
| Loss before income tax | (19,268,357) | (6,497,449) | (2,232,689) | ||||
| Income tax expense | (7,444,936) | 28,027 | |||||
| Loss for the year | (26,713,293) | (6,497,449) | (2,204,662) | ||||
| Item that is or may be reclassified subsequently to profit or loss: | |||||||
| Exchange differences on translation of foreign operations | (138,963) | (1,159,811) | 687,401 | ||||
| Total comprehensive loss for the year | $ (26,852,256) | $ (7,657,260) | $ (1,517,261) | ||||
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Consolidated Statement of Cash Flows - USD ($) |
12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| CASH FLOWS FROM OPERATING ACTIVITIES | |||||||||
| Loss before tax for the year | $ (19,268,357) | $ (6,497,449) | [1] | $ (2,232,689) | [1] | ||||
| Adjustments to reconcile net loss to net cash: | |||||||||
| Depreciation and amortization expense | 773,366 | 584,227 | [2] | 168,784 | [2] | ||||
| Stock compensation expense | 15,550,314 | [1] | [1] | ||||||
| Equity in net income of an associate | (300,639) | [2] | [2] | ||||||
| Listing fee | 13,755,620 | [1] | [1] | ||||||
| Finance costs | 7,282,159 | 1,639,174 | [1] | 174,184 | [1] | ||||
| Changes in operating assets and liabilities: | |||||||||
| Accounts payable and other current liabilities | (11,323,810) | 20,786,156 | [2] | 2,444,010 | [2] | ||||
| Development properties | (25,377,424) | (26,476,497) | [2] | (29,096,918) | [2] | ||||
| Prepayments and other assets | (1,931,419) | 3,083,052 | [2] | (5,591,419) | [2] | ||||
| Receivables | (21,402,261) | (423,366) | [2] | (1,796) | [2] | ||||
| CASH USED IN OPERATING ACTIVITIES | (42,242,451) | (7,304,703) | [2] | (34,135,844) | [2] | ||||
| CASH FLOWS FROM INVESTING ACTIVITIES | |||||||||
| Increase in other non-current assets | (62,989) | (188,736) | [2] | [2] | |||||
| Acquisition of property and equipment | (923,019) | (231,446) | [2] | (480,375) | [2] | ||||
| CASH USED IN INVESTING ACTIVITIES | (986,008) | (420,182) | [2] | (480,375) | [2] | ||||
| CASH FLOWS FROM FINANCING ACTIVITIES | |||||||||
| Net cash received with the reverse recapitalization | 788,886 | [2] | [2] | ||||||
| Proceeds from key executive shares | 2,214,900 | [2] | [2] | ||||||
| Payment of issuance costs | (3,557,905) | [2] | [2] | ||||||
| Cancellation of shares | (1,284) | [2] | [2] | ||||||
| Payment of lease liabilities | (550,934) | (617,763) | [2] | (117,579) | [2] | ||||
| Advances from ultimate holding company | 41,510,504 | 33,155,965 | [2] | (1,041,071) | [2] | ||||
| Advances from immediate holding company – net | 210,124 | (11,993,357) | [2] | 34,165,672 | [2] | ||||
| Advances from related parties - net | 2,074,692 | 921,952 | [2] | 504,305 | [2] | ||||
| CASH PROVIDED BY FINANCING ACTIVITIES | 42,688,983 | 21,466,797 | [2] | 33,511,327 | [2] | ||||
| Net changes in cash and cash equivalents | (539,476) | 13,741,912 | [2] | (1,104,892) | [2] | ||||
| Cash, beginning of year | [2] | 15,043,201 | 2,536,211 | 2,954,287 | |||||
| Effect of translation changes on cash | 166,820 | (1,234,922) | [2] | 686,816 | [2] | ||||
| Cash, end of year | $ 14,670,545 | $ 15,043,201 | [2] | $ 2,536,211 | [2] | ||||
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