NASDAQ : PTNM
Pitanium Limited — Financial statements
Consumer Staples · Household & Personal Products · Hong Kong
Last price 10.39 USD (At close: Oct 3, 2025) · Market cap 239.10M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Pitanium Limited (PTNM) reported revenue of 66.08M HKD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | 66.08M | 66.08M | 74.93M | 68.20M |
| Cost of Revenue | 13.60M | 13.60M | 15.34M | 13.04M |
| Gross Profit | 52.48M | 52.48M | 59.59M | 55.15M |
| Selling, General & Admin | 77.38M | 77.38M | 48.61M | 42.92M |
| Operating Expenses | 77.38M | 77.38M | 48.61M | 42.92M |
| Operating Income | -24.90M | -24.90M | 10.98M | 12.23M |
| Interest Expense | -447.15K | -447.15K | -867.34K | -825.04K |
| Interest & Investment Income | 46.58K | 46.58K | 191.86K | 88.44K |
| Other Non Operating Income (Expenses) | 221.25K | 221.25K | 1.00 | 36.00K |
| EBT Excluding Unusual Items | -25.08M | -25.08M | 10.30M | 11.53M |
| Gain (Loss) on Sale of Assets | 700.00K | 700.00K | 114.67K | 529.93K |
| Pretax Income | -24.38M | -24.38M | 10.42M | 12.06M |
| Income Tax Expense | -3.27M | -3.27M | 1.52M | 1.80M |
| Net Income | -21.11M | -21.11M | 8.90M | 10.26M |
| Net Income to Common | -21.11M | -21.11M | 8.90M | 10.26M |
| Shares Outstanding (Basic) | 21.68M | 21.68M | 21.00M | 21.00M |
| Shares Outstanding (Diluted) | 21.68M | 21.68M | 21.00M | 21.00M |
| EPS (Basic) | -0.97 | -0.97 | 0.42 | 0.49 |
| EPS (Diluted) | -0.97 | -0.97 | 0.42 | 0.49 |
| Free Cash Flow | -27.63M | -27.63M | -184.91K | 6.74M |
| Free Cash Flow Per Share | -1.27 | -1.27 | -0.01 | 0.32 |
| Gross Margin | 79.42% | 79.42% | 79.53% | 80.87% |
| Operating Margin | -37.68% | -37.68% | 14.65% | 17.93% |
| Profit Margin | -31.94% | -31.94% | 11.87% | 15.04% |
| Free Cash Flow Margin | -41.81% | -41.81% | -0.25% | 9.89% |
| EBITDA | -22.75M | -22.75M | 13.23M | 14.22M |
| EBITDA Margin | -34.43% | -34.43% | 17.66% | 20.86% |
| D&A For EBITDA | 2.14M | 2.14M | 2.25M | 1.99M |
| EBIT | -24.90M | -24.90M | 10.98M | 12.23M |
| EBIT Margin | -37.67% | -37.67% | 14.65% | 17.93% |
| Effective Tax Rate | 14.61% | 14.96% |
Balance sheet
Fiscal year October - September; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 35.96M | 35.96M | 16.96M | 18.97M |
| Cash & Short-Term Investments | 35.96M | 35.96M | 16.96M | 18.97M |
| Other Receivables | 1.89M | 1.89M | ||
| Receivables | 1.89M | 1.89M | ||
| Inventory | 6.33M | 6.33M | 5.04M | 5.27M |
| Prepaid Expenses | 2.89M | 2.89M | 1.46M | 1.09M |
| Other Current Assets | 2.67M | 2.67M | 2.27M | 43.04K |
| Total Current Assets | 49.74M | 49.74M | 25.73M | 25.38M |
| Property, Plant & Equipment | 6.27M | 6.27M | 8.84M | 15.80M |
| Long-Term Deferred Tax Assets | 3.72M | 3.72M | 450.41K | 164.18K |
| Other Long-Term Assets | 554.73K | 554.73K | 1.13M | 2.56M |
| Total Assets | 60.29M | 60.29M | 36.15M | 43.92M |
| Accrued Expenses | 4.32M | 4.32M | 3.47M | 1.59M |
| Short-Term Debt | 8.74M | 8.74M | 12.27M | 7.32M |
| Current Portion of Leases | 2.22M | 2.22M | 4.23M | 6.59M |
| Current Income Taxes Payable | 2.30M | 12.81M | ||
| Current Unearned Revenue | 2.57M | 2.57M | ||
| Total Current Liabilities | 17.84M | 17.84M | 22.27M | 28.32M |
| Long-Term Leases | 2.03M | 2.03M | 2.15M | 5.44M |
| Total Liabilities | 19.87M | 19.87M | 24.42M | 33.76M |
| Common Stock | 17.89K | 17.89K | 16.32K | 16.32K |
| Additional Paid-In Capital | 49.78M | 49.78M | 100.00 | 100.00 |
| Retained Earnings | -9.38M | -9.38M | 11.73M | 10.16M |
| Comprehensive Income & Other | -16.32K | -16.32K | ||
| Shareholders' Equity | 40.42M | 40.42M | 11.73M | 10.16M |
| Total Liabilities & Equity | 60.29M | 60.29M | 36.15M | 43.92M |
| Total Debt | 12.99M | 12.99M | 18.65M | 19.35M |
| Net Cash (Debt) | 22.97M | 22.97M | -1.69M | -380.33K |
| Net Cash Per Share | 1.06 | 1.06 | -0.08 | -0.02 |
| Filing Date Shares Outstanding | 23.01M | 23.01M | 21.00M | 21.00M |
| Total Common Shares Outstanding | 24.01M | 24.01M | 21.00M | 21.00M |
| Working Capital | 31.90M | 31.90M | 3.46M | -2.93M |
| Book Value Per Share | 1.68 | 1.68 | 0.56 | 0.48 |
| Tangible Book Value | 40.42M | 40.42M | 11.73M | 10.16M |
| Tangible Book Value Per Share | 1.68 | 1.68 | 0.56 | 0.48 |
| Machinery | 6.60M | 6.60M | 6.39M | 6.19M |
| Leasehold Improvements | 5.76M | 5.76M | 5.17M | 4.93M |
Cash flow statement
Fiscal year October - September; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | -21.11M | -21.11M | 8.90M | 10.26M |
| Depreciation & Amortization | 6.01M | 6.01M | 8.18M | 8.19M |
| Loss (Gain) From Sale of Assets | -700.00K | -700.00K | -114.67K | -529.93K |
| Other Operating Activities | -2.91M | -2.91M | -286.23K | -126.41K |
| Change in Inventory | -1.65M | -1.65M | 236.33K | -2.68M |
| Change in Accounts Payable | 848.41K | 848.41K | 1.88M | 813.41K |
| Change in Income Taxes | -4.19M | -4.19M | -10.51M | 1.77M |
| Change in Other Net Operating Assets | -2.86M | -2.86M | -7.26M | -7.30M |
| Operating Cash Flow | -26.57M | -26.57M | 1.03M | 10.39M |
| Capital Expenditures | -1.06M | -1.06M | -1.21M | -3.65M |
| Sale of Property, Plant & Equipment | 700.00K | 700.00K | 420.00K | 610.00K |
| Investing Cash Flow | -359.82K | -359.82K | -790.89K | -3.04M |
| Short-Term Debt Issued | 9.00M | 8.00M | ||
| Long-Term Debt Issued | 850.00K | |||
| Total Debt Issued | 9.85M | 8.00M | ||
| Short-Term Debt Repaid | -3.52M | -3.52M | -4.06M | -2.35M |
| Long-Term Debt Repaid | -352.02K | -352.02K | -712.66K | -323.52K |
| Total Debt Repaid | -3.88M | -3.88M | -4.77M | -2.67M |
| Net Debt Issued (Repaid) | -3.88M | -3.88M | 5.08M | 5.33M |
| Issuance of Common Stock | 49.80M | 49.80M | ||
| Common Dividends Paid | -7.33M | -8.00M | ||
| Financing Cash Flow | 45.92M | 45.92M | -2.24M | -2.67M |
| Net Cash Flow | 18.99M | 18.99M | -2.01M | 4.68M |
| Free Cash Flow | -27.63M | -27.63M | -184.91K | 6.74M |
| Free Cash Flow Margin | -41.81% | -41.81% | -0.25% | 9.89% |
| Free Cash Flow Per Share | -1.27 | -1.27 | -0.01 | 0.32 |
| Levered Free Cash Flow | -14.80M | -14.80M | 2.30M | |
| Unlevered Free Cash Flow | -14.52M | -14.52M | 2.84M | |
| Cash Interest Paid | 447.15K | 447.15K | 554.27K | 341.26K |
| Cash Income Tax Paid | 4.19M | 4.19M | 12.32M | 165.00K |
| Change in Working Capital | -7.86M | -7.86M | -15.65M | -7.40M |
Ratios
Fiscal year October - September; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Market Capitalization | 239.10M | 281.44M | ||
| Enterprise Value | 239.68M | 282.02M | ||
| Last Close Price | 12.23 | |||
| PS Ratio | 28.15 | 33.14 | ||
| PB Ratio | 48.03 | 54.18 | ||
| P/TBV Ratio | 46.03 | 54.18 | ||
| EV/Sales Ratio | 28.22 | 33.21 | ||
| Debt / Equity Ratio | 0.32 | 0.32 | 1.59 | 1.91 |
| Debt / EBITDA Ratio | 0.96 | 1.36 | ||
| Debt / FCF Ratio | 2.87 | |||
| Net Debt / Equity Ratio | -0.57 | -0.57 | 0.14 | 0.04 |
| Net Debt / EBITDA Ratio | 1.01 | 1.01 | 0.13 | 0.03 |
| Net Debt / FCF Ratio | 0.83 | 0.83 | -9.12 | 0.06 |
| Asset Turnover | 1.37 | 1.37 | 1.87 | |
| Inventory Turnover | 2.39 | 2.39 | 2.98 | |
| Quick Ratio | 2.12 | 2.12 | 0.76 | 0.67 |
| Current Ratio | 2.79 | 2.79 | 1.16 | 0.90 |
| Return on Equity (ROE) | -80.96% | -80.96% | 81.29% | |
| Return on Assets (ROA) | -32.27% | -32.27% | 17.14% | |
| Return on Invested Capital (ROIC) | -142.69% | -161.34% | 78.27% | 98.68% |
| Return on Capital Employed (ROCE) | -58.70% | -58.70% | 79.10% | 78.40% |
| Earnings Yield | -1.13% | -0.96% | ||
| FCF Yield | -1.47% | -1.26% | ||
| Payout Ratio | 82.36% | 78.01% | ||
| Buyback Yield / Dilution | -3.26% | -3.26% |