Uni-Fuels Holdings Ltd-A(UFG)
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Uni-Fuels Completes First Oversubscribed USD 3 Million Commercial Paper Issuance on ADDX
Globenewswire· 2025-07-21 12:00
Core Insights - Uni-Fuels Holdings Limited has successfully completed its first commercial paper issuance, raising USD 3 million through ADDX, indicating strong demand from accredited investors [1][2][3] Company Overview - Uni-Fuels is a global provider of marine fuel solutions, headquartered in Singapore, with operations across major shipping hubs worldwide [4] - Established in 2021, the company focuses on delivering customer-centric and compliant fuel solutions while supporting decarbonization goals amid an industry-wide energy transformation [4] Financial Strategy - The commercial paper is structured as USD-denominated, short-term unsecured debt, allowing Uni-Fuels to diversify funding sources and enhance capital efficiency [2] - Proceeds from the issuance will be utilized for general working capital and to support the expansion of Uni-Fuels Singapore's operations [2] Investor Confidence - The oversubscribed issuance reflects strong investor confidence in Uni-Fuels' business strategy and growth outlook, as stated by the CEO [3] - The positive response from investors underscores the company's credibility and strategic direction, facilitating access to alternative capital markets [3]
Uni-Fuels Strengthens Asian Market Presence with A New Office in Shanghai
Globenewswire· 2025-06-30 12:00
Core Insights - Uni-Fuels Holdings Limited has opened a new office in Shanghai as part of its global expansion strategy, following the establishment of an office in Dubai in April 2025 [1][2] - The Shanghai office aims to meet the increasing demand for reliable and sustainable marine fuel solutions in Asia, leveraging the city's position as a major maritime hub [2][3] - The company emphasizes its commitment to customer service and operational responsiveness through local expertise and enhanced supply chain resilience [3][4] Company Overview - Uni-Fuels is a rapidly growing global provider of marine fuel solutions, founded in 2021, and has established a presence across multiple locations [5] - The company focuses on optimizing fuel procurement for shipping companies, supporting their operational objectives with confidence [5] Strategic Goals - The establishment of the Shanghai office is part of an ongoing expansion plan, aimed at forging regional partnerships and enhancing access to key marine fuel hubs [4] - The company seeks to shape sustainable bunkering solutions and provide diverse fuel options to meet the needs of the maritime sector [4]
Uni-Fuels Holdings Ltd-A(UFG) - 2024 Q4 - Annual Report
2025-04-22 20:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) Date of event requiring this shell company report _________________________ For the transition period from __________________ to_____________________________ Commission file number 001-42469 ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 20 ...
Uni-Fuels Announces Full Year 2024 Financial Results
Globenewswire· 2025-04-22 20:30
Core Viewpoint - Uni-Fuels Holdings Limited reported significant financial growth for the year ended December 31, 2024, with a 119% increase in total revenues driven primarily by marine fuel sales, despite a strategic shift that reduced brokerage commissions [4][5][6]. Financial Performance - Total revenues rose from approximately US$70.8 million in 2023 to US$155.2 million in 2024, marking a 119% year-over-year increase [5][6]. - Sales of marine fuels increased by approximately US$85.0 million, or 121%, from US$70.2 million in 2023 to US$155.2 million in 2024, attributed to strategic initiatives and expansion of the sales and marketing department [6][8]. - Brokerage commissions decreased by approximately US$0.6 million, or 98%, to US$12,150 in 2024, reflecting a strategic shift towards direct sales [9]. Cost and Profitability - Cost of revenues increased by approximately US$83.5 million, or 122%, from US$68.5 million in 2023 to US$152.0 million in 2024, primarily due to increased marine fuel sales [10]. - Gross profit rose by approximately US$0.9 million, or 40%, from US$2.3 million in 2023 to US$3.2 million in 2024, with a gross profit margin of approximately 2.1% in 2024 compared to 3.2% in 2023 [11][12]. - Net income decreased by 86% from US$1.2 million in 2023 to US$0.2 million in 2024, influenced by lower margins and increased operating expenses [20]. Operating Expenses - Total operating expenses increased from US$0.9 million in 2023 to approximately US$3.0 million in 2024, a year-over-year increase of 236% [7][14]. - Selling and marketing expenses rose to US$0.7 million in 2024 from US$0.2 million in 2023, driven by the expansion of sales activities [14]. - General and administrative expenses increased by US$1.7 million to US$2.3 million in 2024, reflecting workforce expansion and professional fees [15]. Market Position and Future Outlook - The company anticipates ongoing growth in 2025, driven by global expansion and enhanced operational efficiency, aiming to capture further market share [4]. - The number of customers for marine fuel sales nearly doubled from 83 in 2023 to 156 in 2024, and the number of ports served increased from 51 to 87 [6][8].
Uni-Fuels Holdings Ltd-A(UFG) - Prospectus
2025-03-18 18:22
Registration No. 333-[________] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 As filed with the U.S. Securities and Exchange Commission on March 18, 2025. Uni-Fuels Holdings Limited (Exact Name of Registrant as Specified in its Charter) Not Applicable (Translation of Registrant's Name into English) (State or other jurisdiction of incorporation or organization) Cayman Islands 5172 Not Applicable (Primary Standard Indus ...
Uni-Fuels Holdings Ltd-A(UFG) - Prospectus(update)
2024-12-27 18:58
As filed with the U.S. Securities and Exchange Commission on December 27, 2024. Registration No. 333-282849 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 3 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Uni-Fuels Holdings Limited (Exact Name of Registrant as Specified in its Charter) Not Applicable (Translation of Registrant's Name into English) (State or other jurisdiction of incorporation or organization) Cayman Islands 5172 Not Applicable (Prim ...
Uni-Fuels Holdings Ltd-A(UFG) - Prospectus(update)
2024-12-12 17:18
As filed with the U.S. Securities and Exchange Commission on December 12, 2024. Registration No. 333-282849 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Uni-Fuels Holdings Limited (Exact Name of Registrant as Specified in its Charter) Not Applicable (Translation of Registrant's Name into English) (State or other jurisdiction of incorporation or organization) Cayman Islands 5172 Not Applicable (Prim ...
Uni-Fuels Holdings Ltd-A(UFG) - Prospectus(update)
2024-11-29 12:09
As filed with the U.S. Securities and Exchange Commission on November 27, 2024. Registration No. 333-282849 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Uni-Fuels Holdings Limited (Exact Name of Registrant as Specified in its Charter) Not Applicable (Translation of Registrant's Name into English) (State or other jurisdiction of incorporation or organization) Cayman Islands 5172 Not Applicable (Prim ...
Uni-Fuels Holdings Ltd-A(UFG) - Prospectus
2024-10-28 10:30
As filed with the U.S. Securities and Exchange Commission on October 25, 2024. Registration No. [*] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 15 Beach Road, Beach Centre #05-07 Singapore 189677 +65 6027 1250 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) COGENCY GLOBAL INC. 122 East 42 Street, 18 Floor New York, NY 10168 +1-800-221-0102 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Uni-Fue ...