Kaixin Holdings Files 6-K for H1 2024 Financials
Ticker: KXIN · Form: 6-K · Filed: Oct 10, 2024 · CIK: 1713539
Sentiment: neutral
Topics: financial-results, 6-K, disclosure
TL;DR
Kaixin Holdings dropped its H1 2024 financials via 6-K, check it for the latest numbers.
AI Summary
Kaixin Holdings filed a Form 6-K on October 10, 2024, reporting its unaudited consolidated financial results for the six months ending June 30, 2024. The filing provides financial information for the period but does not detail specific dollar amounts or revenue figures within the provided text.
Why It Matters
This filing provides investors with updated financial performance data for Kaixin Holdings, crucial for assessing the company's current operational health and future prospects.
Risk Assessment
Risk Level: low — The filing is a routine financial disclosure (6-K) and does not contain information indicating significant new risks.
Key Players & Entities
- Kaixin Holdings (company) — Registrant
- October 10, 2024 (date) — Filing Date
- June 30, 2024 (date) — Reporting Period End Date
- 001-38261 (other) — Commission File Number
FAQ
What period do the unaudited consolidated financial results in this 6-K cover?
The unaudited consolidated financial results cover the six months ending June 30, 2024.
What is the filing date of this Form 6-K?
This Form 6-K was filed on October 10, 2024.
What is the Commission File Number for Kaixin Holdings?
The Commission File Number for Kaixin Holdings is 001-38261.
What is the principal executive office address of Kaixin Holdings?
The address of the principal executive office is Unit B2-303-137, 198 Qidi Road, Beigan Community, Xiaoshan District, Hangzhou, Zhejiang Province, People's Republic of China.
Does Kaixin Holdings file annual reports under Form 20-F or 40-F?
Kaixin Holdings indicates it files annual reports under Form 20-F.
Filing Stats: 1,281 words · 5 min read · ~4 pages · Grade level 11.2 · Accepted 2024-10-10 16:00:20
Key Financial Figures
- $0.0 m — s · Total net revenues were US$0.0 million, representing a decrease of 100%
- $18.9 million — representing a decrease of 100% from US$18.9 million in the first half of 2023. ·
- $0.2 million — representing a decrease of 100% from US$0.2 million in the first half of 2023. ·
- $5.7 m — · Loss from operations was US$5.7 million, representing an increase of 42%
- $4.1 million — 42% from the loss from operations of US$4.1 million in the first half of 2023. ·
- $5.4 m — loss attributable to the Company was US$5.4 million, representing an increase of 20%
- $4.5 million — t loss attributable to the Company of US$4.5 million in the first half of 2023. Adjusted l
- $4.3 m — loss from operations (non-GAAP) 1 was US$4.3 million, compared to an adjusted loss fro
- $2.8 million — o an adjusted loss from operations of US$2.8 million in the first half of 2023. Adjusted ne
- $3.9 m — . Adjusted net loss (non-GAAP) 2 was US$3.9 million, compared to an adjusted net loss
- $3.3 million — , compared to an adjusted net loss of US$3.3 million in the first half of 2023. First Half
- $18.7 million — s US$0.0 million, compared to that of US$18.7 million in the first half of 2023. The decrease
- $4.2 million — on, significantly higher than that of US$4.2 million in the first half of 2023. The differen
- $257 thousand — nses were US$ 838 thousand, compared to $257 thousand in the first half of 2023. General and
- $4.9 m — eral and administrative expenses were US$4.9 million, compared to that of US$4.0 milli
Filing Documents
- tm2425972d1_6k.htm (6-K) — 26KB
- tm2425972d1_ex99-1.htm (EX-99.1) — 338KB
- tm2425972d1_ex99-2.htm (EX-99.2) — 11KB
- 0001104659-24-107703.txt ( ) — 377KB
SIGNATURES
SIGNATURES Pursuant to the requirements of Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Kaixin Holdings Date: October 10, 2024 By: /s/ Yi Yang Name: Yi Yang Title: Chief Financial Officer