Antiaging Quantum Living Inc., formerly known as Achison Inc., has released its annual 10-K report, detailing significant financial growth, strategic initiatives, and operational changes. The New York-based corporation, which transitioned from trading securities and commodities to focusing on online advertising and healthcare management services, has shown notable progress in its business model and market expansion.
Financial Highlights
Revenues, net: The company reported a substantial increase in revenue, rising from $7,499 in 2024 to $817,898 in 2025. This growth was primarily driven by the launch and provision of online platform technical operation support and maintenance services.
Gross profit: Gross profit saw a significant rise from $6,728 in 2024 to $428,517 in 2025, reflecting a shift in revenue streams and the commencement of new technical support and maintenance services.
Loss from operations: The loss from operations widened from $(413,017) in 2024 to $(789,959) in 2025, mainly due to increased operating expenses related to business expansion.
Net loss: The net loss increased from $(412,971) in 2024 to $(720,409) in 2025, driven by higher operating expenses despite the increase in revenue.
Loss per share: The loss per share increased from $(0.0138) in 2024 to $(0.0240) in 2025, reflecting the higher net loss.
Business Highlights
Company Overview: Antiaging Quantum Living Inc. has transitioned from trading securities and commodities to focusing on online advertising services through its website, dazhong368.com, targeting the Greater New York area.
Change in Control: The company underwent significant changes in management and ownership, with Barry Wan acquiring control in 2023. This led to a rebranding as Antiaging Quantum Living Inc. and a shift in business strategy towards healthcare management and insurance services.
Business Expansion: In December 2023, the company expanded its operations into the Asia-Pacific and Chinese markets by establishing multiple subsidiaries, including AAQL Inc. in the British Virgin Islands and Dao Ling Doctor entities in China, focusing on technical development, health consulting, and big data services.
Revenue Segments: The company generates revenue primarily from online platform technical operation support and maintenance services, which accounted for the entire revenue in 2025, marking a shift from previous revenue sources like health and beauty product sales and online advertising.
Geographical Performance: The company has strategically expanded its market presence in the Asia-Pacific region, particularly in China, through its subsidiaries, aiming to leverage the growing demand for health management services in these markets.
Future Outlook: The company plans to continue improving its online platform to expand its customer base and explore new business opportunities, with a focus on healthcare management and insurance services, aiming to enhance profitability and operational efficiency.
Strategic Initiatives
Strategic Changes: Antiaging Quantum Living Inc. has undergone significant strategic changes, including a change in control to better align with its new business direction focused on healthcare management and insurance services. The company established several subsidiaries, including AAQL Inc., AAQL HK Limited, and Dao Ling Doctor entities, to support its expansion into healthcare and technical support services. The company also changed its name to reflect its new strategic focus.
Capital Management: The company increased its authorized shares from 30 million to 6 billion, categorizing them into different classes to provide flexibility for future capital raising activities. It converted certain debts into long-term notes payable, improving its working capital position. The company also received advances from related parties and borrowed from third parties to support its operations. Additionally, a significant portion of its debt was assigned to a related party, Mr. Barry Wan, under a Tripartite Debt Assignment Agreement.
Future Outlook: The company faces substantial doubt about its ability to continue as a going concern due to negative financial trends, including operating losses and an accumulated deficit. Management plans to improve business profitability and generate sufficient cash flow to meet operating needs. The company is committed to implementing expense control measures to support liquidity and is exploring opportunities to enhance its business operations and financial stability.
Challenges and Risks
Operational Risks: The company has undergone significant changes in control and business direction, which may pose operational risks as it transitions from a shell company to an entity actively conducting business operations. The expansion into the Asia-Pacific and Chinese markets introduces new market risks, including cultural, regulatory, and competitive challenges. The company's reliance on its website for revenue generation in a highly competitive online advertising industry presents a risk, as competitors with greater resources may adopt aggressive pricing strategies.
Financial Challenges: The company faces financial challenges, including a substantial net loss and an accumulated deficit, which raise concerns about its ability to continue as a going concern. The increase in operating expenses, primarily due to business expansion efforts, further exacerbates this risk. Management plans to improve business profitability and generate sufficient cash flow to meet operating needs, but there is no assurance these plans will be successful. The company's financial condition is also impacted by its reliance on shareholder and third-party loans, which do not require immediate repayment but indicate a dependency on external funding.
SEC Filing: