Company research
PTL Ltd
CIK 2016337Updated Oct 6, 2026
SecurityPTLE · NASDAQ · equity
PTLE price & chart
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NASDAQ:PTLE on TradingView ↗About the company
Headquartered in Hong Kong, we are an established bunkering facilitator providing marine fuel logistics services for vessel refueling, primarily container ships, bulk carriers, general cargo vessels, and chemical tankers. Targeting and serving the Asia Pacific market, we leverage our close relationships and partnership within our established network in the marine fuel logistic industry, including the upstream suppliers and downstream customers, to provide a one-stop solution for vessel refueling.
In the news
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Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q2 2025 | Q2 2024 | Q2 2023 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| AssetsUSD | 12,751,874Source | — | — | 12,207,649Source | 12,575,929Source | 11,036,157Source |
| Current assets: | ||||||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 8,894,146Source | — | — | 5,399,999Source | 7,720,366Source | 7,916,288Source |
| Assets, CurrentUSD | 12,733,374Source | — | — | 8,629,199Source | 12,539,006Source | 10,986,157Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,139,997Source | — | — | 790,380Source | 14,246Source | 1,802,383Source |
| Operating Lease, Right-of-Use AssetUSD | 18,500Source | — | — | 733Source | 36,923Source | — |
| LIABILITIES AND EQUITY | ||||||
| LiabilitiesUSD | 4,330,416Source | — | — | 3,313,699Source | 11,961,785Source | 9,686,124Source |
| Stockholders’ equity: | ||||||
| Common Stock, Value, IssuedUSD | — | — | — | — | 4,240,828Source | 1Source |
| Retained Earnings (Accumulated Deficit)USD | — | — | — | — | -3,626,684Source | 1,350,032Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -2,417,178Source | — | — | -4,806,959Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | 8,421,458Source | 1,670,477Source | 1,307,408Source | 8,893,950Source | 614,144Source | 1,350,033Source |
| Liabilities and EquityUSD | 12,751,874Source | — | — | 12,207,649Source | 12,575,929Source | 11,036,157Source |
| Current liabilities: | ||||||
| Liabilities, CurrentUSD | 4,330,416Source | — | — | 3,313,699Source | 11,961,052Source | 9,686,124Source |
| Operating Lease, Liability, CurrentUSD | 18,500Source | — | — | 733Source | 36,190Source | — |
| Accounts Payable, CurrentUSD | 3,672,973Source | — | — | 3,191,308Source | 11,396,908Source | 9,266,249Source |
| Operating Lease, Liability, NoncurrentUSD | — | — | — | — | 733Source | — |
| Additional Financial Items | ||||||
| Accrued Liabilities, CurrentUSD | 29,951Source | — | — | 106,770Source | 124,491Source | 2,896Source |
| Accounts Receivable, after Allowance for Credit Loss | —Source | — | — | — | — | — |
cash flow · annual statements
| Line item | Q2 2025 | Q2 2024 | Q2 2023 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | 941,222Source | — | — |
| Changes in operating assets and liabilities: | ||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | 1,176,806Source | 5,544,446Source | 3,098,904Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | -12,225,980Source | -764,758Source | 1,092,320Source |
| Cash flows from financing activities: | ||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | 8,518,859Source | 4,413,576Source | -39,625Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,687,406Source | 221,543Source | 259,133Source | 1,086,434Source | 4,793,555Source | 1,144,737Source |
| Additional Financial Items | ||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | 941,222Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | — | -7,778Source | -4,800Source | -3,184Source |
| Income Tax Expense (Benefit)USD | — | — | — | — | 227,135Source | 159,340Source |
| Investment Income, InterestUSD | — | — | — | — | 8,688Source | 1,201Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | -1,180,275Source | -4,976,716Source | 936,120Source |
| Nonoperating Income (Expense)USD | — | — | — | -737,062Source | 5,214Source | 7,806Source |
| Operating Lease, ExpenseUSD | — | — | — | 37,200Source | 36,465Source | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | 8,518,859Source | 4,678,701Source | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | 71,647,383Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 71,647,383Source | 98,133,646Source | 102,106,509Source |
| Cost of Goods and Services Sold | —Source | —Source | —Source |
| Selling, General and Administrative ExpenseUSD | 2,751,736Source | 7,162,731Source | 828,321Source |
| Operating Income (Loss)USD | -443,213Source | -4,754,795Source | 1,087,654Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -1,180,275Source | -4,749,581Source | 1,095,460Source |
| Income Tax Expense (Benefit)USD | — | 227,135Source | 159,340Source |
| Net Income (Loss) Attributable to ParentUSD | -1,180,275Source | -4,976,716Source | 936,120Source |
| Earnings Per Share, BasicUSD per share | -0.04Source | -0.43Source | 0.08Source |
| Earnings Per Share, DilutedUSD per share | -0.04Source | -0.43Source | 0.08Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 33,700,158Source | 11,534,324Source | 11,250,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 33,700,158Source | 11,534,324Source | 11,250,000Source |
| Additional Financial Items | |||
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -7,778Source | -4,800Source | -3,184Source |
| Gross ProfitUSD | 907,984Source | 2,407,936Source | 1,915,975Source |
| Interest Income (Expense), Nonoperating, NetUSD | -729,906Source | — | — |
| Investment Income, InterestUSD | — | 8,688Source | 1,201Source |
| Nonoperating Income (Expense)USD | -737,062Source | 5,214Source | 7,806Source |
| Operating Lease, ExpenseUSD | 37,200Source | 36,465Source | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 71,647,383Source | — | — |
Offerings
Registration 333-286108
- Gross proceeds
- 7140000.0
- Net proceeds
- 6711600.0
- Deal price
- 0.3
- Shares
- 23800000
- Offering price
- $0.30
- Ticker
- PTLE
Filing attachments
ea027813701ex99-1_ptl.htm · 6-K · 2026-02-24
Exhibit 99.1 PTLE Announces 1-for-80 Share Consolidation Hong Kong, Feb. 24, 2026 (GLOBE NEWSWIRE) -- PTL Limited (NASDAQ: PTLE) (“PTL” or the “Company”), announces the approval of the proposed 1-for-80 share consolidation of the Class A ordinary shares (“Class A Ordinary Shares”) and Class B ordinary shares (“Class B Ordinary Shares”, together with the Class A Ordinary Shares, the “Ordinary Shares”) of no par value each (the “Share Consolidation”). Beginning with the opening of trading on Fe…
Read attachment ↗ea027360701ex99-1_ptllimited.htm · 6-K · 2026-01-22
Exhibit 99.1 PTL Limited Granted Additional 180-Day Grace Period to Regain Nasdaq Compliance Hong Kong S.A.R., Jan. 22, 2026 (GLOBE NEWSWIRE) -- PTL Limited (NASDAQ: PTLE) (“PTL” or the “Company”) announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on January 20, 2026, indicating that the Company is granted an additional 180 calendar days, until July 13, 2026, to regain compliance with the minimum bid price requirement of $1.…
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