Overview
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- TickerINHD on Nasdaq2
- IndustryRetail-Retail Stores, NEC2
- HeadquartersRichmond, United States2
- Incorporated inTX4
- Business addressRoom 805S, 8/F, Block 1,, 33 Canton Road,, Tsim Sha Tsui4
- Filer category, Emerging growth company4
- Legal formCorporation2
- LEI529900G980KWJA5N6I832
- StatusActive2
- LEI statusIssued and current2
- Registered addressc/o DEKUI LIU, 6910 OAK LANE, 77046 Richmond, United States2
- Registered withCorporations Section (Texas Secretary of State), 08042310402
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For the years ended September 30, 2025, revenues generated from recycled iPhones accounted for 100% of our revenue.6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue39¢$2.8M
- Selling, general and admin61¢$4.4M
- Income tax0¢$800
Out of $2.8M in revenue.3 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total revenue | $2.8M | |
| Costs of goods sold | $2.8M | |
| Total cost of sales | $2.8M | |
| GROSS PROFIT | $55.8K | |
| Selling, general and administrative expenses (exclusive of expenses shown separately below) | $4.4M | $844.8K |
| Impairment loss on goodwill | $3.5K | |
| Total operating expenses | $4.4M | $844.8K |
| LOSS FROM OPERATIONS | -$4.4M | -$844.8K |
| Interest income, net | $62.9K | $99.7K |
| Loss on investment disposal | -$2.2M | |
| Change in fair value of SEPA | -$370.5K | |
| Other non-operating income, net | $9.4K | $138.2K |
| Total other (expenses) income, net | -$2.5M | $238.0K |
| LOSS BEFORE INCOME TAXES | -$6.8M | -$606.9K |
| INCOME TAX EXPENSE | -$800 | -$800 |
| NET LOSS FROM CONTINUING OPERATIONS | -$6.8M | -$607.7K |
| Net loss from discontinued operations | -$195.8K | -$2.6M |
| NET LOSS | -$7.0M | -$3.3M |
| Non-controlling interest | $69.5K | -$37.3K |
| NET LOSS ATTRIBUTABLE TO INNO HOLDINGS INC. | -$7.1M | -$3.2M |
| Basic | 5.4M shares | 2.0M shares |
| Diluted | 5.4M shares | 2.0M shares |
| Basic from Continuing Operation | -$1 | -$0 |
| Diluted from Continuing Operation | -$1 | -$0 |
| Basic from Discontinuing Operation | -$0 | -$1 |
| Diluted from Discontinuing Operation | -$0 | -$1 |
| Basic | -$1.31 | -$1.59 |
| Diluted | -$1.31 | -$1.59 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.3
| Period ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2023-07-31 | 2021-08-31 |
|---|---|---|---|---|---|
| Cash and cash equivalent | $10.1M | $1.1M | |||
| Inventories | $2.1M | ||||
| Prepayments and other current assets | $1.6M | $65.8K | |||
| Current assets from discontinued operations | $3.0M | ||||
| Total current assets | $13.8M | $4.2M | |||
| Equity investment | $2.2M | ||||
| Total non-current assets | $2.2M | ||||
| Total assets | $16.0M | $4.2M | |||
| Advance from customer | $100.0K | ||||
| Other payables and accrued liabilities | $318.1K | $138.7K | |||
| Short-term loan payable | $50.0K | $50.0K | |||
| Current liabilities from discontinued operations | $1.2M | ||||
| Total current liabilities | $468.1K | $1.4M | |||
| SEPA liabilities | $370.5K | ||||
| Total non-current liabilities | $370.5K | ||||
| Total liabilities | $838.7K | $1.4M | |||
| Additional paid in capital | $30.0M | $10.7M | |||
| Accumulated deficit | -$14.8M | -$7.7M | |||
| Non-controlling interest | -$212.4K | ||||
| Total equity | $15.2M | $2.8M | -$1.9M | ||
| Total liabilities and equity | $16.0M | $4.2M | |||
| Common stock, par value | $0 | $0 | |||
| Common stock, shares authorized | 100.0M shares | 100.0M shares | 100.0M shares | 200.0M shares | |
| Common stock, shares issued | 12.9M shares | 2.3M shares | |||
| Common stock, shares outstanding | 12.9M shares | 2.3M shares |
| Period ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2023-07-31 | 2021-08-31 |
|---|---|---|---|---|---|
| Cash and cash equivalent | $10.1M | $1.1M | |||
| Inventories | $2.1M | ||||
| Prepayments and other current assets | $1.6M | $65.8K | |||
| Current assets from discontinued operations | $3.0M | ||||
| Total current assets | $13.8M | $4.2M | |||
| Equity investment | $2.2M | ||||
| Total non-current assets | $2.2M | ||||
| Total assets | $16.0M | $4.2M | |||
| Advance from customer | $100.0K | ||||
| Other payables and accrued liabilities | $318.1K | $138.7K | |||
| Short-term loan payable | $50.0K | $50.0K | |||
| Current liabilities from discontinued operations | $1.2M | ||||
| Total current liabilities | $468.1K | $1.4M | |||
| SEPA liabilities | $370.5K | ||||
| Total non-current liabilities | $370.5K | ||||
| Total liabilities | $838.7K | $1.4M | |||
| Additional paid in capital | $30.0M | $10.7M | |||
| Accumulated deficit | -$14.8M | -$7.7M | |||
| Non-controlling interest | -$212.4K | ||||
| Total equity | $15.2M | $2.8M | -$1.9M | ||
| Total liabilities and equity | $16.0M | $4.2M | |||
| Common stock, par value | $0 | $0 | |||
| Common stock, shares authorized | 100.0M shares | 100.0M shares | 100.0M shares | 200.0M shares | |
| Common stock, shares issued | 12.9M shares | 2.3M shares | |||
| Common stock, shares outstanding | 12.9M shares | 2.3M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Net loss from continuing operations | -$6.8M | -$607.7K |
| Net loss from discontinuing operations | -$265.3K | -$2.6M |
| Stock-based compensation expense | $2.2M | $146.3K |
| Loss from investment disposal | $2.2M | |
| Impairment loss on goodwill | $3.5K | |
| Change in fair value of SEPA | $370.5K | |
| Inventories | -$2.1M | |
| Deferred offering costs | -$51.7K | |
| Prepayments and other current assets | -$133.7K | -$3.8M |
| Accounts payable | -$31.2K | |
| Accounts payable - related party | -$263.6K | |
| Advance from customer | $100.0K | |
| Operating lease liabilities | -$39.2K | |
| Other payables and accrued liabilities | $178.5K | $296.5K |
| Operating cash flow used by discontinued operations | -$398.9K | $1.5M |
| Net cash used in operating activities | -$4.7M | -$5.5M |
| Purchase of investment in equity investee | -$3.6M | |
| Proceed from investment disposal | $352.0K | |
| Net cash used in investing activities by discontinued operations | -$26.9K | -$547.1K |
| Net cash used in investing activities | -$3.3M | -$547.1K |
| Payments to related parties | -$627.0K | |
| Payments to short-term loans | -$180.0K | |
| Warrants assumption | -$13.0K | |
| Proceeds from IPO | $8.4M | |
| Shares issued for cash | $17.1M | |
| Net cash used in financing activities by discontinued operations | -$485.8K | |
| Net cash provided by financing activities | $17.1M | $7.1M |
| CHANGES IN CASH AND CASH EQUIVALENT | $9.1M | $1.1M |
| Cash paid for income tax | $800 | |
| Cash paid for interest | $23.7K | |
| Noncash deferred offering costs offset to APIC upon IPO completion | $590.5K | |
| Right-of-use assets obtained in exchange for operating lease liabilities | $356.7K | |
| Deposit applied to lease liability | $39.7K |
No quarter-by-quarter statement was filed.
Corporate structure
INNO HOLDINGS INC. sits at the top of its group. 3 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of INNO HOLDINGS INC.
- Christopher Michael Collins Filed SCHEDULE 13G on INNO HOLDINGS INC., latest Jul 18, 2025
- West Lake Club Inc. Filed SCHEDULE 13D/A on INNO HOLDINGS INC., latest Jan 22, 2025 (2 filings since Sep 11, 2024)
- Longlong Chen Filed SCHEDULE 13G on INNO HOLDINGS INC., latest Dec 17, 2024
- Qi Wang Filed SCHEDULE 13G on INNO HOLDINGS INC., latest Dec 17, 2024
- Zeyu An Filed SC 13G on INNO HOLDINGS INC., latest Nov 6, 2024
- NEXT LEVEL MARKET FUND INC. Filed SC 13D on INNO HOLDINGS INC., latest Sep 11, 2024
- ZFounder Organization Inc. Filed SC 13D on INNO HOLDINGS INC., latest Sep 11, 2024
- INNO HOLDINGS INC. Richmond, Texas, United States
- Baymax High Technology Co., Limited Subsidiary · Hong Kong
- Lear Group Limited Subsidiary · Hong Kong
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What INNO HOLDINGS INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $1.5M8 Sep 30, 2024 | $967.5K8 Sep 30, 2023 | +50.7% |
| Accumulated depreciation | $157.5K8 Sep 30, 2024 | $97.9K8 Sep 30, 2023 | +60.9% |
| Property and equipment, net | $1.3M8 Sep 30, 2024 | $869.6K8 Sep 30, 2023 | +49.6% |
| Operating-lease assets (leased space) | $570.3K8 Sep 30, 2024 | $437.8K8 Sep 30, 2023 | +30.3% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $10.1M3 Sep 30, 2025 | $1.1M3 Sep 30, 2024 | +840.5% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $2.1M3 Sep 30, 2025 | $333.1K8 Sep 30, 2024 | +532.6% |
| Work in process | $260.0K8 Sep 30, 2024 | $260.0K8 Sep 30, 2023 | 0% |
Properties, in its own words
We lease our principal executive office and warehouse which is located at RM1, 5/F, No. 43 Hung To Road, Kwun Tong, Kowloon, Hong Kong 999077. The lease for this principal executive office and warehouse had a 12-month term beginning on November 1, 2024 and ending on October 31, 2025. On June 1, 2025, this lease was terminated without penalty and a new lease agreement was entered with the landlord. The new lease term is from June 1, 2024 to May 31, 2026, with a monthly rent of $12,000. The facility consists of approximately 1,400 square feet of indoor space.
The lease agreement contains standard commercial lease terms including but not limited to provisions regarding utilities, alterations, maintenance and repair, insurance and indemnification.
The rest of Item 2
We believe that our current leased property is in good condition and suitable for the conduct of our business.
Item 2 of the 10-K filed Dec 15, 2025.6
Leadership
Who has led INNO HOLDINGS INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
Chief financial officer
- Chief executive officerDing Wei Oct 21, 2024 to now11
- Chief executive officerDekui Liu Dec 19, 2023 to Dec 19, 202312
- ChairDekui Liu Dec 19, 2023 to Dec 19, 202312
- Chief financial officerMei (lily) Wang Sep 4, 2026 to now13
- Chief financial officerMengshu Shao Dec 17, 2025 to Sep 4, 202614
- Chief financial officerTianwei Li Dec 19, 2023 to Dec 19, 202315
Board members and other officers (14)
- Chief Operation OfficerLi Alice Gong Jan 4, 2024 to Jan 4, 202416
- Board memberShenghui Zhu May 6, 2026 to now17
- Board memberQiaowei Fang Apr 1, 2024 to Apr 1, 202418
- Board memberYihan Cai Apr 1, 2024 to Apr 1, 202419
- Board memberHongbo Alan Li Jun 5, 2024 to Jun 5, 202420
- Board memberTao Xu Jun 5, 2024 to Jun 5, 202421
- Board memberTao Tu Jun 14, 2024 to Jun 14, 202422
- Board memberDing Wei Oct 21, 2024 to now11
- Board memberYufang Qu Oct 21, 2024 to Oct 21, 202423
- Board memberMengshu Shao Oct 29, 2024 to now24
- Board memberYongbo Mo Oct 29, 2024 to Oct 29, 202425
- Board memberRichard B. Haws Dec 19, 2023 to Dec 19, 202326
- Board memberXiaogang Zhang Dec 20, 2023 to Dec 20, 202327
- Board memberChen Sung Dec 26, 2023 to Dec 26, 202328
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Aug 31, 20268-K Executive or director change29
- Jul 31, 20268-K Regulation FD disclosure30
- Jul 13, 20268-K Other events31
- Jul 8, 20268-K Other events32
- Jun 12, 20268-K Other events33
- Jun 10, 20268-K Entered a material agreement; Regulation FD disclosure34
- May 20, 20268-K Entered a material agreement; Regulation FD disclosure; Other events35
- May 4, 20268-K Bylaws or fiscal year changed; Regulation FD disclosure36
- Apr 22, 20268-K Executive or director change37
- Apr 8, 20268-K Regulation FD disclosure38
- Mar 3, 20268-K Shareholder vote39
- Jan 23, 20268-K Entered a material agreement40
- Oct 21, 2024New chief executive Ding Wei becomes CEO11
- Dec 19, 2023New chief executive Dekui Liu becomes CEO12
- Sep 8, 2021Founded INNO HOLDINGS INC. is founded2
Filings
152 filings to the SEC since October 2021: 4 annual reports, 9 quarterly reports, 50 major events, 28 insider forms, 8 large holders, 53 other. The latest 20:
- Sep 11, 20264 EDGAR
- Sep 4, 20263 EDGAR
- Sep 4, 20263 EDGAR
- Aug 31, 20268-K EDGAR
- Aug 18, 202610-Q EDGAR
- Aug 14, 2026NT 10-Q EDGAR
- Jul 31, 20268-K EDGAR
- Jul 13, 20268-K EDGAR
- Jul 8, 20268-K EDGAR
- Jun 12, 20268-K EDGAR
- Jun 10, 20268-K EDGAR
- May 20, 20268-K EDGAR
- May 19, 2026424B5 EDGAR
- May 6, 20263 EDGAR
- May 4, 20268-K EDGAR
- May 1, 202610-Q EDGAR
- Apr 22, 20268-K EDGAR
- Apr 8, 20268-K EDGAR
- Mar 3, 20268-K EDGAR
- Feb 13, 2026DEF 14A EDGAR
The 152 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Christopher Michael CollinsSCHEDULE 13G, 1 filing Jul 18, 202541
- West Lake Club Inc.SCHEDULE 13D/A, 2 filings Sep 11, 2024 to Jan 22, 202542
- Longlong ChenSCHEDULE 13G, 1 filing Dec 17, 202443
- Qi WangSCHEDULE 13G, 1 filing Dec 17, 202444
- Zeyu AnSC 13G, 1 filing Nov 6, 202445
- NEXT LEVEL MARKET FUND INC.SC 13D, 1 filing Sep 11, 202446
- ZFounder Organization Inc.SC 13D, 1 filing Sep 11, 202447
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Ewa, LLC | 14,983 | $591.7K | 0.1% | New |
| Avantax Planning Partners, Inc. | 13,000 | $513.4K | 0.0% | New |
| XTX Topco Ltd | 9,405 | $371.4K | 0.0% | New |
| Vanguard Capital Management LLC | 2,465 | $97.3K | 0.0% | New |
| Morgan Stanley | 12 | $474 | 0.0% | New |
| UBS Group AG | 1 | $39 | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How INNO HOLDINGS INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARINNO HOLDINGS INC.1
- CIK0001961847
- Employer ID (EIN)87-42945436
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company6
- Incorporated inTexas6
- Fiscal year endsSeptember 301
- Industry code (SIC)5990 Retail-Retail Stores, NEC1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business addressRoom 805S, 8/F, Block 1,, 33 Canton Road,, Tsim Sha Tsui, Kowloon, Hong Kong1
- Phone800-909-88001
- Shares outstanding2,520,581 as of Aug 18, 202610
- Public float$17.0M as of Mar 31, 20256
- AuditorJWF Assurance PAC, Singapore PCAOB ID 7095; no auditor attestation of internal control over financial reporting6
- On EDGAR sinceFeb 7, 20231
- Filings152 in all: 8-K (49), 3 (22), 10-Q (9), UPLOAD (9), CORRESP (8), 424B5 (7), 4 (4), S-1/A (4)1
All 33 form types
10-K (3), DEF 14A (3), PRE 14A (3), SC 13D (3), SCHEDULE 13G (3), 3/A (2), DRS/A (2), EFFECT (2), FWP (2), NT 10-Q (2), 10-K/A (1), 424B4 (1), 8-A12B (1), 8-K/A (1), CERT (1), DEF 14C (1), DRS (1), DRSLTR (1), NT 10-K (1), PRE 14C (1), S-1 (1), S-3 (1), S-8 (1), SC 13G (1), SCHEDULE 13D/A (1)
- Latest filingsAnnual report (10-K) Dec 15, 2025
Quarterly report (10-Q) Aug 18, 2026
Proxy statement (DEF 14A) Feb 13, 2026
Latest 8-K (8-K) Aug 31, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock, no par value | INHD | Nasdaq |
From the cover page of the 10-K filed Dec 15, 2025 (Section 12(b) of the Exchange Act).6
Risk factors and legal proceedings
The risks INNO HOLDINGS INC. names in Item 1A of its 10-K filed Dec 15, 2025: 19 risks under these headings, as written.6
- Risks Related to Our Business and Operations
- We have shifted our primary business focus.
- Our future growth strategies may not be as effective as we expect.
- We are operated primarily in Hong Kong.
- We face concentration risks in our revenue as we rely on our major customers.
- We face concentration risks in our purchases as we rely on our major suppliers.
- There is no assurance that the Company will be profitable.
- The Company may not have the ability to manage its growth.
- We rely on the leadership of our management team and the performance of highly skilled personnel.
- We have incurred costs in our compliance measures as a public company.
- Litigation is costly and time-consuming and could have a material adverse effect on our business, results of operations, and reputation.
- Risks Related to Our Financing Activities
The other 9 risks
- We may need new or additional financing in the future to expand our business, and our inability to obtain capital on satisfactory terms or at all may have an adverse impact on our operations and our financial results.
- Future issuances of our shares or other equity securities may result in significant dilution to our existing shareholders.
- Our financing activities may negatively affect our cash flows and financial flexibility.
- Frequent or unfavorable financing transactions may harm our reputation and investor confidence.
- We may not be able to access the capital markets when needed, which could adversely affect our operations.
- Risks Relating to Ownership of Our Securities
- The market price of our common stock may be volatile and could, following any offering or sale, decline significantly and rapidly.
- We may experience extreme stock price volatility unrelated to our actual or expected operating performance, financial condition or prospects, making it difficult for investors to assess the rapidly changing value of our common stock.
- We may not be able to satisfy the listing requirements of Nasdaq to maintain a listing of our common stock.
- We may be subject to securities litigation, which is expensive and could divert our management’s attention.
Legal proceedings
We are not currently a party to any material legal proceedings, investigations or claims. From time to time, we involve in legal matters arising in the ordinary course of our business. There can be no assurance that such matters will not arise in the future or that any such matters in which we are involved, or which may arise in the ordinary course of our business, will not at some point proceed to litigation or that such litigation will not have a material adverse effect on our business, financial condition or results of operations.
The opening of Item 3, Legal Proceedings.6
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11SEC EDGARDing Wei, Chief executive officer
- 12SEC EDGARDekui Liu, Chief executive officer
- 13
- 14
- 15SEC EDGARTianwei Li, Chief financial officer
- 16
- 17SEC EDGARShenghui Zhu, Board member
- 18SEC EDGARQiaowei Fang, Board member
- 19SEC EDGARYihan Cai, Board member
- 20SEC EDGARHongbo Alan Li, Board member
- 21SEC EDGARTao Xu, Board member
- 22SEC EDGARTao Tu, Board member
- 23SEC EDGARYufang Qu, Board member
- 24SEC EDGARMengshu Shao, Board member
- 25SEC EDGARYongbo Mo, Board member
- 26SEC EDGARRichard B. Haws, Board member
- 27SEC EDGARXiaogang Zhang, Board member
- 28SEC EDGARChen Sung, Board member
- 29SEC EDGARExecutive or director change
- 30SEC EDGARRegulation FD disclosure
- 31SEC EDGAROther events
- 32SEC EDGAROther events
- 33SEC EDGAROther events
- 34
- 35
- 36
- 37SEC EDGARExecutive or director change
- 38SEC EDGARRegulation FD disclosure
- 39SEC EDGARShareholder vote
- 40SEC EDGAREntered a material agreement
- 41
- 42
- 43
- 44
- 45SEC EDGARZeyu An SC 13G on INNO HOLDINGS INC.
- 46
- 47
- 48