SINGAPORE, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Vantage Corp (NYSE American: VNTG) (“Vantage” or the “Company”), a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market, is confirmed to present at the 2025 Annual Gateway Conference, which is being held September 3–4 at the Four Seasons Hotel in San Francisco, CA. Vantage Corp's management team is scheduled to present on Wednesday, September 3rd at 9:30 a.m. Pacific Time (PT). The pre ...

Financial Performance - Revenue for the year ended December 31, 2024, decreased by 25.7% to HK$36.5 million (US$4.7 million) from HK$49.1 million in 2023, primarily due to declines in corporate financial communications and IPO financial printing services [2][8] - General and administrative expenses increased by 128% to HK$24.9 million (US$3.2 million) for the year ended December 31, 2024, compared to HK$10.9 million in 2023, driven by issuance expenses and higher professional services and employee benefits costs [3] - Selling and distribution expenses rose by 55.6% to HK$7.0 million (US$0.9 million) for the year ended December 31, 2024, from HK$4.5 million in 2023, attributed to an increase in sales team staff and business development expenses [4] - The net loss for the year ended December 31, 2024, was HK$18.1 million (US$2.3 million), a significant decline from a profit of HK$7.1 million in 2023 [5][8] - Basic and diluted loss per share was HK$1.37 (US$0.18) for the year ended December 31, 2024, compared to earnings per share of HK$0.56 in 2023 [5] Company Overview - Powell Max Limited is a financial communications services provider based in Hong Kong, offering a range of services including financial printing, corporate reporting, and language support for corporate clients [6] - The company serves both domestic and international companies listed in Hong Kong, as well as those seeking to list, along with their advisors [6] Financial Position - Total assets increased to HK$62.57 million (US$8.06 million) as of December 31, 2024, from HK$22.99 million in 2023 [11][12] - Current liabilities rose to HK$40.14 million (US$5.17 million) as of December 31, 2024, compared to HK$37.03 million in 2023 [12] - Total liabilities increased to HK$41.30 million (US$5.32 million) as of December 31, 2024, from HK$38.30 million in 2023 [12]