# DFP Holdings Ltd. (DFPH)

**Exchange:** NASDAQ  
**Sector:** Consumer Defensive  
**Market cap:** $186M  
**Price:** $2.01

> DFP Holdings Ltd. is a provider of educational services, primarily operating in Taiwan. Established in 2021 and headquartered in Taipei, the company focuses on delivering both online and offline learning solutions. Its offerings span programs and courses centered on business development, management training, and self-media production, catering to individuals and organizations seeking skill enhancement in these fields. DFP Holdings Ltd. serves a diverse clientele by leveraging digital platforms for accessible education while maintaining traditional in-person instruction to support comprehensive learning experiences. The company occupies a notable position within the educational services industry, reflecting its role in addressing the evolving needs of personal and professional development in the region's consumer services sector.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $503M | — | -$36M | -$61M | $-0.54 |
| 2024 | $393M | — | -$60M | -$65M | $-0.71 |
| 2023 | $324M | — | -$77M | -$83M | $-0.92 |
| 2022 | $252M | — | -$82M | $152,000 | $-0.21 |
| 2021 | $203M | — | -$46M | -$11M | $-0.16 |
| 2020 | $188M | — | -$8M | -$14M | $-0.24 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $165M | $180M | -$16M | — | $77M |
| 2024 | $173M | $169M | $4M | — | $93M |
| 2023 | $209M | $152M | $57M | — | $87M |
| 2022 | $262M | $138M | $123M | — | $81M |
| 2021 | $203M | $99M | $104M | — | — |
| 2020 | $66M | $38M | $28M | $900,000 | $7M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$25M | $3M | -$28M |
| 2024 | -$27M | $4M | -$30M |
| 2023 | -$36M | $5M | -$41M |
| 2022 | -$62M | $6M | -$67M |
| 2021 | -$33M | $3M | -$36M |
| 2020 | $508,000 | $1M | -$686,000 |

Source: [CompaniesByCap](https://companiesbycap.com/company/DFPH)