Asset Entities 4/2/2024 Earnings Report

Asset Entities EPS Results

• Actual EPS: -$0.45
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Asset Entities Revenue Results

• Actual Revenue: $0.08 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Asset Entities Announcement Details

• Date: 4/2/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Asset Entities (NASDAQ:ASST), Inc. (NASDAQ: ASST) is a specialty finance company that acquires, originates and services asset-backed loans and receivables across a range of industry sectors. The firm focuses on structuring and managing credit portfolios in equipment finance, commercial receivables and other asset-backed classes, employing securitization vehicles and bespoke financing solutions to deliver liquidity to underserved small- and mid-market borrowers.

Through its platform, Asset Entities leverages data-driven underwriting, risk management and portfolio optimization to create diversified exposure across end markets. The company’s business model includes purchasing legacy and newly originated loan portfolios, structuring trust-based financing arrangements and overseeing ongoing administration and collections. Since commencing trading on the Nasdaq exchange, Asset Entities has sought to expand its origination footprint and deepen relationships with originating partners throughout the United States.