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Raytech Holding Limited Announces Fiscal Year 2025 Financial Results and the Filing of Its Annual Report on Form 20-F
Globenewswire· 2025-07-25 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].
Raytech Holding Limited(RAY) - Prospectus
2023-10-27 19:59
Registration No. [●] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 RAYTECH HOLDING LIMITED (Exact name of registrant as specified in its charter) British Virgin Islands 3630 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) Unit 609, 6/F, Nan Fung Commercial Centre, No.19 Lam Lok Street, Kowloon ...