PUSA on Nasdaq

Powerus Corp

Powerus Corp is an American membership sports and recreation clubs services company.1 It is headquartered in Rock Hill, South Carolina.1 Its shares trade on Nasdaq under the symbol PUSA.1

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Last updated Oct 20, 2026.

Overview

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  • TickerPUSA on Nasdaq1
  • IndustryServices-Membership Sports & Recreation Clubs1
  • HeadquartersRock Hill, South Carolina1
  • Incorporated inNV2
  • Business address885 Paragon Way, Rock Hill, Sc 297302
  • Filer category, Emerging growth company2
  • Legal formCorporation

The following provides an overview of the unique features and services offered by both of our golf country clubs.4 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

-148.6%Operating margin5
-124.0%Net margin5
-10.1%Revenue growth, 20255
-11.2%Return on equity5
-$3.1MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Golf Operations brought in 73% of the revenue Powerus Corp broke down this way in fiscal 2025.

  1. Golf Operations$2.2M573%down 11% from 2024
  2. Food and Beverage$615.0K521%down 5% from 2024
  3. Sales of Merchandise$105.4K54%down 9% from 2024
  4. Ancillary Revenue.$69.6K52%down 24% from 2024
Products and services by year
Products and services20242025
Golf Operations$2.4M$2.2M
Food and Beverage$648.7K$615.0K
Sales of Merchandise$115.3K$105.4K
Ancillary Revenue.$91.2K$69.6K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs97¢$2.9M
  • Interest0¢$4.5K
  • Income tax3¢$91.4K

Out of $3.0M in revenue.5 The company lost money this year.

Financial statements

Revenue65$3.0M in 2025−1% since 2022
0$1.0M$2.0M$3.0M$4.0M2022: $3.0M$3.0M20222023: $3.6M$3.6M2023+18%2024: $3.3M$3.3M2024−7%2025: $3.0M$3.0M2025−10%
Operating income65-$4.4M in 2025
-$6.0M-$4.0M-$2.0M0$2.0M2022: $468.2K$468.2K20222023: $253.2K$253.2K2023−46%2024: -$182.0K-$182.0K20242025: -$4.4M-$4.4M2025+2321%
Net income65-$3.7M in 2025
-$4.0M-$2.0M0$2.0M2022: $323.2K$323.2K20222023: $386.1K$386.1K2023+19%2024: -$183.7K-$183.7K20242025: -$3.7M-$3.7M2025+1902%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2025-12-312024-12-31
Total revenue$3.0M$3.3M
Salaries and benefits$3.3M$724.2K
Depreciation$220.5K$201.1K
Legal and professional fees$733.4K$300.3K
Other general and administration expenses$1.4M$645.4K
Total operating costs$7.4M$3.5M
Loss from operations-$4.4M-$182.0K
Interest expense-$4.5K-$25.6K
Other income$642.2K$44.8K
Total other income, net$637.8K$19.3K
Loss before income tax-$3.8M-$162.8K
Income tax (benefits) expenses-$91.4K$20.9K
Net Loss-$3.7M-$183.7K
Comprehensive Loss-$3.7M-$183.7K
Basic-$0.27-$0.02
Diluted-$0.27-$0.02
Basic13.9M shares10.9M shares
Diluted13.9M shares10.9M shares

Compare Powerus Corp with another company

Corporate structure

Powerus Corp sits at the top of its group. 7 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Powerus Corp

  • Michael Sinensky Filed SCHEDULE 13D on Powerus Corp, latest Oct 13, 2026
  • Roman Vintfeld Filed SCHEDULE 13D on Powerus Corp, latest Oct 13, 2026
  • AUT HOLDINGS LLC Filed SCHEDULE 13G on Powerus Corp, latest Oct 8, 2026
  • Andrew Scott Fox Filed SCHEDULE 13D on Powerus Corp, latest Oct 8, 2026
  • American Ventures LLC, Series XVI AGH Filed SCHEDULE 13D/A on Powerus Corp, latest Mar 11, 2026 (5 filings since Sep 2, 2025)
  • Scopellite 2021 Irr Steven Filed SCHEDULE 13D on Powerus Corp, latest Aug 6, 2025
  • Ching Ping Stephen Cheung Filed SCHEDULE 13D/A on Powerus Corp, latest Jul 30, 2025 (2 filings since May 8, 2025)
  • Chiping Cheung Filed SCHEDULE 13D/A on Powerus Corp, latest Jul 30, 2025 (2 filings since Apr 30, 2025)
  • Powerus Corp Rock Hill, South Carolina
    • Aureus Merger Sub Inc. Subsidiary · Delaware, United States
    • Chrome Fields I, Inc. Subsidiary · Delaware, United States
    • Chrome Fields II, Inc. Subsidiary · Delaware, United States
    • FSC Clearwater II LLC Subsidiary · Florida, United States
    • FSC Clearwater LLC Subsidiary · Florida, United States
    • Pine Ridge Group Limited Subsidiary · British Virgin Islands

Built from 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 Powerus Corp 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

ItemLatestA year beforeChange
Property and equipment, before depreciation$5.9M5 Dec 31, 2025$4.8M5 Dec 31, 2024+22.2%
Accumulated depreciation$2.0M5 Dec 31, 2025$1.8M5 Dec 31, 2024+12.6%
Property and equipment, net$3.9M5 Dec 31, 2025$3.1M5 Dec 31, 2024+27.7%
Operating-lease assets (leased space)$933.8K5 Dec 31, 2025$775.5K5 Dec 31, 2024+20.4%

Real estate and locations

ItemLatestA year beforeChange
Area of land289 acres5 Dec 31, 2025289 acres6 Dec 31, 20240%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$28.7M5 Dec 31, 2025$457.1K5 Dec 31, 2024+6171.2%
Marketable securities, current$6.8K5 Dec 31, 2024

Inventory

ItemLatestA year beforeChange
Inventory, total$34.4K5 Dec 31, 2025$55.8K5 Dec 31, 2024−38.3%
Finished goods$34.4K5 Dec 31, 2025$55.8K5 Dec 31, 2024−38.3%

Properties, in its own words

Our principal premises are located at 2995 Remington Blvd. Kissimmee, FL 34744. We own the underlying real estate for both of our golf country clubs consisting of over 289 acres of fee simple real estate.

As of the date of this Annual Report on Form 10-K, we believe our corporate office space at Remington Golf Club is well maintained and occupies sufficient space to meet our operating needs.

The rest of Item 2

The following tables illustrate our golf country clubs by segment, location, type of club, and size in terms of golf holes.

Golf Country Clubs Segment by Region · Type of Club · Market · State · Golf Holes

Kissimmee Bay Country Club · Public Golf Country Club · Kissimmee · FL · 18

Remington Golf Club · Public Golf Country Club · Kissimmee · FL · 18

Item 2 of the 10-K filed Mar 31, 2026.4

Leadership

Who has led Powerus Corp, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Wai Sing Sam Lui2025–now
Board members and other officers (7)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive Officer, DirectorChiPing Cheung named Aug 6, 202517
  • Executive OfficerSam Wai Sing Lui named Aug 6, 202517
  • DirectorJoshua Tay named Aug 6, 202517

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Aureus Merger Sub Inc. Delaware3
  • Chrome Fields I, Inc. Delaware3
  • Chrome Fields II, Inc. Delaware3
  • FSC Clearwater II LLC Florida3
  • FSC Clearwater LLC Florida3
  • Pine Ridge Group Limited British Virgin Islands3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Aureus Greenway Holdings IncJan 31, 2024 to Oct 1, 20262

Timeline

  1. Oct 6, 20268-K Executive or director change; Regulation FD disclosure18
  2. Oct 1, 20268-K Completed an acquisition or sale; Change to shareholders' rights; Change of auditor19
  3. Aug 17, 20268-K Other events20
  4. Jul 20, 20268-K Entered a material agreement21
  5. May 18, 20268-K Regulation FD disclosure; Other events22
  6. Mar 23, 20268-K Entered a material agreement; Unregistered sale of shares; Executive or director change23
  7. Mar 11, 20268-K Entered a material agreement; Unregistered sale of shares; Regulation FD disclosure24
  8. Mar 9, 20268-K Entered a material agreement; Unregistered sale of shares25
  9. Feb 3, 20268-K Executive or director change26
  10. Sep 24, 20258-K Executive or director change27
  11. Sep 12, 20258-K Executive or director change28
  12. Aug 7, 20258-K Other events29

Calendar

Coming up

  1. Nov 13, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.18) a share, on Nov 14, 2025.30

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

116 filings to the SEC since October 2021: 2 annual reports, 6 quarterly reports, 17 major events, 25 insider forms, 14 large holders, 1 private raises, 51 other. The latest 20:

  1. Oct 13, 2026SCHEDULE 13D EDGAR
  2. Oct 13, 2026SCHEDULE 13D EDGAR
  3. Oct 13, 20263 OWNERSHIP DOCUMENT EDGAR
  4. Oct 8, 2026SCHEDULE 13D EDGAR
  5. Oct 8, 2026SCHEDULE 13G EDGAR
  6. Oct 6, 20268-K EDGAR
  7. Oct 6, 2026S-8 EDGAR
  8. Oct 1, 20263 EDGAR
  9. Oct 1, 20263 EDGAR
  10. Oct 1, 20263 EDGAR
  11. Oct 1, 20263 EDGAR
  12. Oct 1, 20263 EDGAR
  13. Oct 1, 20268-K EDGAR
  14. Oct 1, 20263 EDGAR
  15. Oct 1, 20263 EDGAR
  16. Sep 8, 2026424B3 EDGAR
  17. Aug 17, 2026425 EDGAR
  18. Aug 17, 20268-K EDGAR
  19. Aug 13, 202610-Q EDGAR
  20. Aug 12, 2026EFFECT EDGAR

The 116 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.

Insider trades

4 open-market trades by officers, directors and large owners since October 2021: 0 buys and 4 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 25, 2025Chrome Fields Asset Management LLC10% ownerSale6,000,000$0.33$2.0MForm 4
Jul 25, 2025Cheung ChiPingChief Executive OfficerSale6,000,000$0.33$2.0MForm 4
Jul 25, 2025Cheung Ching Ping StephenDirectorSale7,000,000$0.29$2.0MForm 4
Jul 25, 2025Ace Champion Investments Ltd10% ownerSale7,000,000$0.29$2.0MForm 4

From Forms 4 filed with the SEC.

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.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Jul 25, 2025Raised $26 million in a private offering of equity Form D: 1 investor so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 30. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Vanguard Capital Management LLC619,951$2.5M0.0%+299,633
Susquehanna International Group, Llp351,571$1.4M0.0%New
Peak6 LLC300,000$1.2M0.0%New
Geode Capital Management, LLC164,192$655.3K0.0%+59,580
Renaissance Technologies LLC156,400$624.0K0.0%New
Morgan Stanley132,029$526.8K0.0%+128,029
BlackRock, Inc.98,818$394.3K0.0%+95,934
Bank Of America Corp /de/96,155$383.7K0.0%New
Vanguard Fiduciary Trust Co92,673$369.8K0.0%+41,171
Marshall Wace, Llp57,314$228.7K0.0%New
State Street Corp56,500$225.4K0.0%+22,200
UBS Group AG42,706$170.4K0.0%+10,126
Northern Trust Corp33,508$133.7K0.0%+9,537
Clear Creek Financial Management, LLC30,000$119.7K0.0%New
Thrive Wealth Management, LLC30,000$119.7K0.0%No change
Two Sigma Investments, LP22,574$90.1K0.0%New
Wealthspire Advisors, LLC19,531$77.9K0.0%New
Herold Advisors, Inc.15,000$60.0K0.0%No change
Scientech Research LLC14,804$59.1K0.0%New
LPL Financial LLC13,150$52.5K0.0%New
Kestra Private Wealth Services, LLC10,900$43.5K0.0%New
Shay Capital LLC10,000$39.9K0.0%New
Tower Research Capital LLC (TRC)8,781$35.0K0.0%New
Jones Financial Companies Lllp2,500$9.8K0.0%−4,200
Medallion Wealth Advisors, LLC2,288$9.1K0.0%+838

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Powerus Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPowerus Corp1
  • CIK0002009312
  • Employer ID (EIN)99-04186784
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company4
  • Incorporated inNevada4
  • Fiscal year endsDecember 311
  • Industry code (SIC)7997 Services-Membership Sports & Recreation Clubs1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address885 Paragon Way, Rock Hill, SC 297301
  • Phone1-914-843-19821
  • Shares outstanding26,943,582 as of Aug 13, 20268
  • Public float$26.7M as of Dec 31, 20254
  • AuditorWWC, P.C., San Mateo, California PCAOB ID 1171; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceJan 31, 20241
  • Filings116 in all: 3 (19), 8-K (17), CORRESP (7), S-1/A (7), SCHEDULE 13D (7), 10-Q (6), 4 (6), SCHEDULE 13D/A (6)1
    All 29 form types

    UPLOAD (6), POS AM (5), EFFECT (4), 425 (3), 10-K (2), 424B4 (2), DRS/A (2), DRSLTR (2), S-1 (2), S-8 (2), 424B3 (1), 424B8 (1), 8-A12B (1), CERT (1), D (1), DEF 14C (1), DRS (1), PRE 14C (1), S-4 (1), S-4/A (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2026
    Quarterly report (10-Q) Aug 13, 2026
    Latest 8-K (8-K) Oct 6, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.001 per shareAGHThe Nasdaq Stock Market LLC

From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

Legal proceedings

As of the date of this Annual Report on Form 10-K, there are no active legal proceedings pending or threatened against the Company. However, from time to time, we may be subject to various legal claims and proceedings that arise from the normal course of business activities, including, third party intellectual property infringement claims against us in the form of letters and other forms of communication. Litigation or any other legal or administrative proceeding, regardless of the outcome, could result in substantial cost, diversion of our resources, including management’s time and attention, and, depending on the nature of the claims, reputational harm. In addition, if any litigation results in an unfavorable outcome, there exists the possibility of a material adverse impact on our results of operations, prospects, cash flows, financial position and brand.

The opening of Item 3, Legal Proceedings.4

Sources

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