$HWH

HWH International Inc. reported a significant decline in Q1 2026 revenue to $64.2K, down 78.2% year-over-year, and a net loss of $(626.2K), resulting in a diluted loss per share of $(0.08). The decrease in revenue was attributed to café closures and reduced food and beverage sales, leading to a strategic pivot towards B2C e-commerce, including the planned U.S. launch of Hapi Marketplace, and expansion of product offerings. The company is focusing on cost reductions and staged regional rollouts to improve its financial position.