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Raytech Holding Limited Announces Fiscal Year 2025 Financial Results and the Filing of Its Annual Report on Form 20-F
Raytech Holding LimitedRaytech Holding Limited(US:RAY) Globenewswireยท2025-07-25 12:30

Core Viewpoint - Raytech Holding Limited reported strong financial results for the fiscal year 2025, showcasing significant revenue growth and improved profitability, while also enhancing its balance sheet strength [2][3]. Financial Performance - Revenue increased by 17.6% to HK$78.7 million (US$10.1 million) compared to the previous fiscal year [2][7]. - Net income for the year was HK$8.3 million (US$1.1 million), resulting in a net margin of 10.5% [2][7]. - The company recorded cash and cash equivalents of HK$84.9 million (US$10.9 million), a substantial increase of approximately 136.5% from HK$35.9 million at the end of the prior fiscal year [2][7]. Revenue Breakdown - Revenue from the hair styling series reached HK$37.6 million (US$4.8 million), an increase of 18.2% from HK$31.8 million in fiscal year 2024 [7]. - The trimmer series saw a remarkable revenue increase of 48.0%, totaling HK$33.6 million (US$4.3 million) compared to HK$22.7 million in fiscal year 2024 [7]. - Revenue from the nail care series was HK$1.5 million (US$195,954), slightly up from HK$1.4 million in fiscal year 2024 [7]. Profitability and Margins - Operating income was reported at HK$7.6 million (US$983,142), with an operating margin of 9.7% [7]. - Merchandise costs amounted to HK$60.9 million (US$7.8 million), representing 77.4% of revenue in fiscal year 2025, a slight decrease from 77.7% in fiscal year 2024 [7]. Balance Sheet Strength - Total current assets increased to HK$94.9 million (US$12.2 million) in fiscal year 2025, compared to HK$52.8 million in fiscal year 2024 [12]. - Net current assets strengthened to HK$76.9 million (US$9.9 million) in fiscal year 2025, up from HK$25.8 million in fiscal year 2024 [12]. Strategic Outlook - The company aims to become a leading product design and development entity in the personal care and lifestyle electrical appliances sector in Asia, with plans to explore new product lines and expand its market reach [8].