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Company research

Polibeli Group Ltd

CIK 2035697Updated Oct 20, 2026

PLBL price & chart

Provider market data

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About the company

The Company was incorporated in the Cayman Islands in March 2024 as a company with limited liability under the Cayman Companies Act. The Company is a holding company without any business operations.

F-1 · 2026-06-15 · 0001213900-26-068538

Company description from the cited filing.

Financials

FY 2025 · USD
Revenue24,146,468USD · FY 2025
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

Net income-5,970,105USD · FY 2025
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

Cash— · FY 2025
Operating income-7,559,912USD · FY 2025
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

Diluted EPS-0.02USD per share · FY 2025
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemQ2 2026FY 2025FY 2024
ASSETS
AssetsUSD17,010,189
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

17,534,542
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

21,043,518
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Property, Plant and Equipment, NetUSD194,461
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

265,182
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

298,705
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Current assets:
Accounts Receivable, after Allowance for Credit Loss, CurrentUSD7,996,598
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

7,965,701
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

5,471,432
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Inventory, NetUSD3,270,002
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

2,601,327
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

4,276,738
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Assets, CurrentUSD16,207,581
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

16,654,223
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

19,187,999
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Prepaid Expense and Other Assets, CurrentUSD1,657,243
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

1,440,467
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

1,511,963
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Operating Lease, Right-of-Use AssetUSD326,436
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

500,073
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

421,544
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Other Assets, NoncurrentUSD281,711
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

115,064
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

83,845
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD60,830,544
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

62,953,327
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

45,682,515
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Stockholders’ equity:
Additional Paid in CapitalUSD17,651,579
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

17,651,579
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

1,661,184
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Retained Earnings (Accumulated Deficit)USD-32,456,886
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

-32,926,445
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

-26,956,340
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Accumulated Other Comprehensive Income (Loss), Net of TaxUSD1,289,446
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

160,575
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

652,559
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Stockholders' Equity Attributable to ParentUSD-43,820,355
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

-45,418,785
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

-24,638,997
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Liabilities and EquityUSD17,010,189
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

17,534,542
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

21,043,518
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Current liabilities:
Liabilities, CurrentUSD17,459,516
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

19,001,271
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

12,899,051
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Operating Lease, Liability, CurrentUSD249,602
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

305,801
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

330,243
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Accounts Payable, CurrentUSD3,391,178
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

1,684,166
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

760,325
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Operating Lease, Liability, NoncurrentUSD22,981
Source

6-K · 2026-09-21 · 0001213900-26-101855

As of 2026-06-30

158,926
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

118,460
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Additional Financial Items
Deferred Tax Liabilities, NetUSD—115,840
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

119,165
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Long-term Debt, Excluding Current MaturitiesUSD——17,792
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Long-term Debt, Current MaturitiesUSD—17,748
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

504,702
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Long-term Debt, Excluding Current MaturitiesUSD——17,792
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD-5,970,105
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

-10,978,791
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization—
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

—
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Changes in operating assets and liabilities:
Increase (Decrease) in Accounts ReceivableUSD4,978,637
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

2,727,412
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Increase (Decrease) in InventoriesUSD-1,679,859
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

850,886
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Increase (Decrease) in Accounts PayableUSD1,037,972
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

212,272
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-6,354,919
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

-5,547,277
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Cash flows from investing activities:
Net Cash Provided by (Used in) Investing ActivitiesUSD2,272,056
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

1,726,007
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Payments to Acquire Property, Plant, and EquipmentUSD154,969
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

119,292
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD3,164,652
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

3,722,105
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD-848,494
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

-321,111
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD1,798,141
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2025-12-31

2,646,635
Source

20-F · 2026-04-24 · 0001213900-26-047262

As of 2024-12-31

Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD3,339
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

20,908
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Income Taxes Paid, NetUSD94,325
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

46
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Additional Financial Items
DepreciationUSD177,938
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

250,625
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Foreign Currency Transaction Gain (Loss), before TaxUSD-111,621
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

-657,504
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Gain (Loss) on Sale of DerivativesUSD2,481,099
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

—
Gain (Loss) on Disposition of Property Plant EquipmentUSD320,716
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

227,797
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Gain (Loss) on Termination of LeaseUSD-4,107
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

—
General and Administrative ExpenseUSD6,766,136
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

6,708,210
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Income Tax Expense (Benefit)USD9,064
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

—
Insurance Services RevenueUSD2,273,246
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

1,189,024
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Inventory Write-downUSD115,849
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

156,453
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Net Income (Loss) Attributable to ParentUSD-5,970,105
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

-10,978,791
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Nonoperating Income (Expense)USD1,598,871
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

-1,403,022
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Operating ExpensesUSD9,500,485
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

10,724,414
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Operating Lease, ExpenseUSD362,796
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

362,700
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024
Total RevenueUSD24,146,468
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

29,037,915
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Cost of Goods and Services Sold—
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

—
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Selling, General and Administrative ExpenseUSD6,766,136
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

6,708,210
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Operating Income (Loss)USD-7,559,912
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

-9,575,769
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD-5,961,041
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

-10,978,791
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Income Tax Expense (Benefit)USD9,064
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

—
Net Income (Loss) Attributable to ParentUSD-5,970,105
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

-10,978,791
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Earnings Per Share, BasicUSD per share-0.02
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

-0.03
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Earnings Per Share, DilutedUSD per share-0.02
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

-0.03
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Weighted Average Number of Shares Outstanding, Basicshares362,554,988
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

360,000,000
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares362,554,988
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

360,000,000
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Additional Financial Items
Current Income Tax Expense (Benefit)USD9,064
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

—
Depreciation, Depletion and Amortization, NonproductionUSD177,938
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

250,625
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Foreign Currency Transaction Gain (Loss), before TaxUSD-111,621
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

-657,504
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

General and Administrative ExpenseUSD6,766,136
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

6,708,210
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Gross ProfitUSD1,940,573
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

1,148,645
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Insurance Services RevenueUSD2,273,246
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

1,189,024
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Labor and Related ExpenseUSD1,520,582
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

2,328,412
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Nonoperating Income (Expense)USD1,598,871
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

-1,403,022
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Operating ExpensesUSD9,500,485
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

10,724,414
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Operating Lease, ExpenseUSD362,796
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

362,700
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Other General and Administrative ExpenseUSD4,567,571
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

3,675,544
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Selling and Marketing ExpenseUSD2,734,349
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

4,016,204
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Utilities Operating Expense, Maintenance, Operations, and Other Costs and ExpensesUSD539,500
Source

20-F · 2026-04-24 · 0001213900-26-047262

2025-01-01 to 2025-12-31

1,120,638
Source

20-F · 2026-04-24 · 0001213900-26-047262

2024-01-01 to 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

Offerings

Registration 333-296779

F-1 · 2026-06-15 · 0001213900-26-068538

Terms from the governing filing for this registration; not a claim that the offering is open today.

Filing attachments

ea030109701ex99-2.htm · 6-K · 2026-08-07

Exhibit 99.2 Date: July 31st, 2026 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── To: Polibeli Group Ltd, a Cayman Islands exempted company (the “Counterparty”). Address: 38 Beach Road #29-11 South Beach Tower Singapore From: Harraden Circle Investors, LP (“HCI”), (ii) …

6-K · 2026-08-07 · 0001213900-26-086380

Read attachment ↗

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