DSwiss, Inc. is a biotech nutraceutical firm specializing in natural health and beauty products, OEM/ODM services, and global market expansion.

# Summary of DSwiss, Inc.

## Business Overview
- **Core Activities**: DSwiss, Inc. is a biotech nutraceutical firm specializing in the development, manufacturing, and supply of high-quality health and beauty products.
- **Product Range**:
  - Functional foods and health supplements (nutraceuticals)
  - Skincare products (serums, creams, toners, masks, etc.)
  - Personal care and pet wellness products (pet shampoos and pet supplements)
  - Traditional medicines and natural products based on holistic and herbal remedies
  - Medical and diagnostic devices, notably the Quantum Resonant Magnetic Analyzer for health assessments

## Business Operations
- **Primary Focus**:
  - Providing turnkey private label OEM/ODM manufacturing solutions for health and beauty brands.
  - Custom formulation research and development.
  - Manufacturing, packaging, and distribution.
- **Standards & Certifications**:
  - Complies with Malaysian MOH regulations.
  - GMP, HACCP, ISO, and MESTI standards.
  - Certifies products for JAKIM Halal.
- **Research & Development**:
  - Pioneers evidence-based, natural formulations.
  - Manages R&D to develop new product lines and improve existing offerings.
- **Market Presence**:
  - Significant growth in Malaysia, Singapore, Indonesia, Hong Kong, Australia, Taiwan, Macau, and China.
  - Active efforts to expand into global markets including the U.S., China, and Southeast Asian countries.
- **Distribution Channels**:
  - Operates mainly online via its website (http://www.dswissbeauty.com/).
  - Uses social media platforms like Facebook, Instagram, and WeChat for marketing and customer engagement.
  - Plans to increase marketing efforts, including participation in international trade shows like HNC Shanghai and Vitafoods Asia.

## Customer Base & Revenue
- **Number of Customers**: The company’s revenue for 2024 was generated from OEM/ODM sales to multiple clients; exact number of individual customers is not provided.
- **Revenue (2024)**: **$3,112,887** (an increase of 111.8% from 2023).
- **Income**:
  - Net profit in 2024: **$22,223** (a significant turnaround from a net loss of **$49,535** in 2023).
  - Gross profit for 2024: **$623,271**, with a gross margin of approximately 20.02%.
  
## Employees
- As of December 31, 2024:
  - Total employees: **13 full-time employees**.
  - Key personnel:
    - Vincent Leong (CEO, President, Secretary, Treasurer) who dedicates up to 70 hours a week.
    - Additional staff include R&D professionals, operations, and sales personnel to support growth and marketing initiatives.

## Financial Overview (2024)
- **Total Revenue**: $3,112,887
- **Gross Profit**: $623,271
- **Net Income**: $22,223
- **Assets**: $635,830
  - Cash & equivalents: $397,476
  - Inventory: $3,350
  - Plant & equipment: $136,767
- **Liabilities**: $561,794
- **Shareholders’ Equity**: $74,036

## Key Highlights
- Focus on developing high-quality, natural, and scientifically validated health and beauty products.
- Engages in turnkey OEM/ODM services supporting private label brands.
- Continues research into innovative formulations and eco-friendly packaging.
- Actively expanding global reach through strategic partnerships and market diversification.
- Maintains ISO, GMP, HACCP, and halal certifications to meet strict regulatory standards.

DSwiss, Inc. is a health and beauty company that specializes in high-quality nutritional and skincare products, offering both direct sales and private label manufacturing services.

# Company Overview: DSwiss, Inc.

## Corporate History
- **Incorporation**: DSwiss, Inc. was incorporated in Nevada on May 28, 2015.
- **Subsidiaries**: Operates through a wholly-owned subsidiary, DSwiss Holding Limited in Seychelles, which holds stakes in several other subsidiaries, including:
  - DSwiss (HK) Limited (Hong Kong)
  - DSwiss Sdn Bhd (Malaysia)
  - DSwiss Biotech Sdn Bhd (Malaysia)

## Business Focus
DSwiss, Inc. specializes in high-quality health and beauty products, including:
- **Nutrition & Health**: Nutritional beverages for weight management, anti-aging, and immune system support.
- **Beauty Products**: Custom formulation skincare and personal care products.
- **Private Label Manufacturing**: Actively offers ODM/OEM services for nutraceuticals and skincare/personal care products.

## Operational Details
- **Turnkey Services**: Provides one-stop services including:
  - Research and development of custom formulations
  - Manufacturing and production
  - Packaging and shipping
  - Regulatory assistance for product compliance and market launch
- **Quality Assurance**: Maintains strict adherence to GMP, HACCP, JAKIM Halal, ISO, and MESTI standards.

## Products and Services
- **Functional Foods**: Nutraceuticals in various forms like powders, gummies, etc.
- **Skincare Products**: Range from serums to facial masks and lotions.
- **Personal Care Items**: Includes cosmetics, shampoos, and hygiene products.
- **Pet Care Products**: Customized formulations for pets, including wellness supplements.

## Key Metrics
- **Revenue**: Generated $1,470,071 for the year ended December 31, 2023.
- **Customers**: Serves a growing customer base across various countries including Malaysia, Singapore, Indonesia, and more.
- **Employees**: Total of 11 full-time employees, including management and operational staff.

## Future Plans
- **Marketing Campaign**: Focused on enhancing brand awareness using social media and e-commerce platforms.
- **Human Resources Development**: Plans to expand staff across multiple departments to support business growth.
- **Merger & Acquisition Strategy**: Actively seeking opportunities to merge with or acquire companies in the healthcare, biotechnology, beauty, and wellness sectors.

## Management
- **CEO**: Vincent Leong oversees operations, with commitment up to 70 hours per week or more if required.

Overall, DSwiss, Inc. positions itself as a competitive player in the health and beauty industry with a strong emphasis on quality, customer service, and innovation in product development.

DSwiss Inc

10-K / March 31, 2025

10-K / March 29, 2024

10-K / March 31, 2025

Summary of DSwiss, Inc.

Business Overview

Business Operations

Customer Base & Revenue

Employees

Financial Overview (2024)

Key Highlights