Workflow
Financial Communications
icon
Search documents
Powell Max Limited Announces First Half 2025 Unaudited Financial Results
Globenewswire· 2025-09-23 11:35
Core Viewpoint - Powell Max Limited reported a significant increase in net loss for the six months ended June 30, 2025, primarily due to rising general and administrative expenses and selling and distribution expenses, despite a modest revenue growth of 5.3% compared to the same period in 2024 [5][9]. Financial Performance - Revenue increased by 5.3% from HK$22.7 million for the six months ended June 30, 2024, to HK$23.9 million (US$3.1 million) for the same period in 2025, driven by HK$1.5 million (US$0.2 million) revenue from Miracle Media following its acquisition [2]. - General and administrative expenses surged by 4.9 times from HK$6.0 million in 2024 to HK$29.4 million (US$3.8 million) in 2025, attributed to increased staffing and expenses related to the acquisition of Miracle Media, issuance expenses, and higher professional fees [3]. - Selling and distribution expenses rose by 10.0% from HK$3.0 million in 2024 to HK$3.3 million (US$0.4 million) in 2025, mainly due to an expanded sales team and increased business development and marketing costs [4]. - The net loss for the period ended June 30, 2025, was HK$20.4 million (US$2.6 million), a stark contrast to the net profit of HK$0.8 million in the same period of 2024 [5][9]. - Basic and diluted loss per share was HK$1.07 (US$0.14) for the six months ended June 30, 2025, compared to a basic and diluted earnings per share of HK$0.06 for the same period in 2024 [6]. Company Overview - Powell Max Limited is a financial communications services provider based in Hong Kong, offering a range of services that support capital market compliance and transaction needs for corporate clients [7]. - The company operates through its subsidiaries, JAN Financial Press Limited and Miracle Media, with its financial reporting conducted in Hong Kong dollars [8].
Vantage Corp to Present at the 2025 Gateway Conference on September 3, 2025 at 9:30 a.m. Pacific Time
Globenewswire· 2025-08-26 12:30
Company Overview - Vantage Corp is a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market [1][3] - Founded in 2012 by five seasoned shipbrokers, Vantage Corp covers clean petroleum products, dirty petroleum products, biofuels, and vegetable oils [3] - The company operates through its 100%-owned subsidiary Vantage (BVI) Corporation and has a growing network of regional subsidiaries, including Vantage Shipbrokers Pte Ltd in Singapore and Vantage Nexus Commercial Brokers Co., L.L.C in the UAE [3] Upcoming Conference - Vantage Corp is scheduled to present at the 2025 Annual Gateway Conference on September 3 at 9:30 a.m. Pacific Time [2] - The presentation will be webcast live and available for replay, with executives available for one-on-one meetings throughout the conference [2] Gateway Conference Details - The Gateway Conference provides a platform for public and private companies to connect with investors, analysts, and partners [4] - Attendees will have access to presentations and one-on-one meetings with senior executives from over 75 companies across various sectors [5]
Synergy CHC Corp to Present at the 2025 Gateway Conference on September 4th
Globenewswire· 2025-08-21 12:00
Company Overview - Synergy CHC Corp. is a leading consumer health and wellness company known for its flagship brands FOCUSfactor and Flat Tummy [6] - FOCUSfactor is a clinically studied brain health supplement with a 25-year legacy, distributed in the U.S., Canada, and the U.K. through major retailers like Costco, Walmart, Amazon, BJ's, and Walgreens [6] - The company is experiencing growth by penetrating new markets and has secured recent retail wins across various channels, which are expected to drive gains in late 2025 [6] Conference Participation - Synergy is confirmed to present at the 2025 Annual Gateway Conference on September 4 at 9:30 a.m. Pacific Time [1][2] - The presentation will be webcast live, and Synergy executives will be available for one-on-one meetings throughout the conference [2] Gateway Conference Details - The Gateway Conference connects growth-stage companies with prospective investors, analysts, and partners [3] - Attendees will have access to presentations and one-on-one meetings with senior executives from over 75 private and public companies across various sectors [4]
Inspirato to Present at the 2025 Gateway Conference on September 3ʳᵈ
Globenewswire· 2025-08-20 13:00
Company Overview - Inspirato Incorporated is a luxury vacation club and property technology company listed on Nasdaq under the ticker ISPO [6] - The company offers a portfolio of curated vacation options, including exclusive luxury vacation homes and accommodations at five-star hotels and resorts [6] Upcoming Event - Inspirato is scheduled to present at the 2025 Annual Gateway Conference on September 3 at 10:30 a.m. Pacific Time [2] - The presentation will be webcast live and available for replay, with executives available for one-on-one meetings throughout the conference [2] Conference Details - The Gateway Conference provides a platform for public and private companies to connect with investors, analysts, and partners [3] - Attendees will have access to presentations and one-on-one meetings with senior executives from over 75 companies across various sectors [4]
Powell Max Limited Announces 2024 Audited Financial Results
Globenewswire· 2025-04-28 20:15
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]