Pitanium Ltd (PTNM)
Pitanium Limited is a Hong Kong-headquartered enterprise that primarily functions as a retailer within the beauty and personal care sector. The company distributes its merchandise under two exclusive brand names: PITANIUM and BIG PI. To serve its customer base, Pitanium maintains six physical outlets, all strategically situated in prime shopping areas across Hong Kong, and also provides access to its product range via a robust e-commerce platform. A fundamental aspect of Pitanium's approach involves substantial internal product innovation, alongside close partnerships with OEM and ODM manufacturers to ensure the firm consistently adapts to and anticipates shifts in consumer preferences.
Sector: Perfumes, Cosmetics & Other Toilet Preparations
Industry: Household & Personal Products
Pitanium Limited
NASDAQ:PTNMConsumer Defensive · Household & Personal Products
Mkt Cap$239.1M
Float3.35M
O/S23.01M
Inst Own0.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$8.42M
Net Income-$2.69M
Total Assets$7.69M
Free Cash Flow-$3.52M
Debt & Equity
Debt 24%
Equity 76%
Total Debt$1.66M
Total Equity$5.15M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PTNM's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$7.69M
Liabilities$2.53M
Accounts Receivable$241K
Accounts Payable$0
Inventory$807K
PP&E (Net)$800K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 |
| Revenue | $8.42M | $9.55M | $8.69M |
| YoY Growth | -11.8% | 9.9% | - |
| Cost of Revenue | $1.43M | $1.8M | $1.62M |
| Gross Profit | $6.99M | $7.75M | $7.07M |
| Gross Margin | 83.0% | 81.2% | 81.3% |
| Research and Development | $0 | $0 | $0 |
| Selling, General, and Administrative | $9.55M | $5.15M | $4.43M |
| Other | $622K | $1.2M | $1.08M |
| Total Operating Expenses | $10.17M | $6.35M | $5.51M |
| Operating Income (EBIT) | -$3.17M | $1.4M | $1.56M |
| Operating Margin | -37.7% | 14.7% | 17.9% |
| Interest Expense | $57K | $111K | $105K |
| Interest Income | $6K | $24K | $11K |
| Other Income (Expense) | $66K | -$71K | -$22K |
| Income Before Tax (EBT) | -$3.11M | $1.33M | $1.54M |
| Income Tax Expense | -$416K | $194K | $230K |
| Net Income | -$2.69M | $1.13M | $1.31M |
| Net Income Margin | -31.9% | 11.9% | 15.0% |
| Supplementary Data | |||
| EPS | 0.00 | 0.42 | 0.52 |
| Diluted EPS | 0.00 | 0.42 | 0.52 |
| Weighted Average OS | 21.68M | 21.00M | 19.75M |
| EBITDA | -$2.28M | $2.48M | $2.69M |
| EBITDA Margin | -27.1% | 26.0% | 30.9% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 |
| Assets | |||
| Current Assets | |||
| Cash and Cash Equivalents | $4.58M | $2.16M | $2.42M |
| Short-Term Investments | $0 | $0 | $0 |
| Cash and Short-Term Investments | $4.58M | $2.16M | $2.42M |
| Accounts Receivable | $241K | $0 | $0 |
| Inventory | $807K | $642K | $672K |
| Other Current Assets | $0 | $0 | $0 |
| Total Current Assets | $6.34M | $3.28M | $3.24M |
| Long-Term Assets | |||
| Property, Plant & Equipment Net | $800K | $1.13M | $2.01M |
| Goodwill | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 |
| Deferred Tax Assets | $474K | $57K | $21K |
| Other Long-Term Assets | $71K | $144K | $327K |
| Total Long-Term Assets | $1.34M | $1.33M | $2.36M |
| Other Assets | $0 | $0 | $0 |
| Total Assets | $7.69M | $4.61M | $5.6M |
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable | $0 | $0 | $0 |
| Short-Term Debt | $1.11M | $1.56M | $753K |
| Current Income Tax Payable | $0 | $293K | $1.63M |
| Current Unearned Revenue | $327K | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 |
| Total Current Liabilities | $2.27M | $2.84M | $3.61M |
| Long-Term Liabilities | |||
| Long-Term Debt | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 |
| Total Long-Term Liabilities | $258K | $274K | $694K |
| Other Liabilities | $0 | $0 | $0 |
| Total Liabilities | $2.53M | $3.11M | $4.3M |
| Stockholders' Equity | |||
| Preferred Stock | $0 | $0 | $0 |
| Common Stock | $2K | $2K | $2K |
| Retained Earnings | -$1.2M | $1.5M | $1.3M |
| Comprehensive Income & Other | $0 | $0 | $0 |
| Other Stockholders' Equity | $6.35M | -$2K | -$2K |
| Total Equity | $5.15M | $1.5M | $1.3M |
| Minority Interest | $0 | $0 | $0 |
| Total Liabilities and Equity | $7.69M | $4.61M | $5.6M |
| Supplementary Data | |||
| Total Debt | $1.66M | $2.38M | $2.29M |
| Net Debt | -$2.93M | $215K | -$132K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 |
| Operating Activities | |||
| Net Income | -$2.69M | $1.13M | $1.31M |
| Depreciation & Amortization | $766K | $1.04M | $1.04M |
| Deferred Income Tax | -$416K | -$36K | -$16K |
| Stock-Based Compensation | $0 | $0 | $0 |
| Changes in Working Capital: | |||
| Accounts Receivable | $0 | $0 | $0 |
| Inventory | -$211K | $30K | -$342K |
| Accounts Payable | $0 | $0 | $0 |
| Other Working Capital | -$791K | -$2.03M | -$602K |
| Total Working Capital Change | -$1M | -$2M | -$944K |
| Other Non-Cash Items | -$44K | -$15K | -$68K |
| Net Cash from Operating | -$3.39M | $131K | $1.32M |
| Investing Activities | |||
| Capital Expenditures | -$135K | -$154K | -$465K |
| Acquisitions | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 |
| Other Investing Activities | $89K | $54K | $78K |
| Net Cash from Investing | -$46K | -$101K | -$387K |
| Financing Activities | |||
| Debt Repaid | $45K | -$18K | $41K |
| Common Stock Issuance | $6.35M | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 |
| Dividends Paid | $0 | -$934K | -$1.02M |
| Other Financing Activities | $0 | -$181K | -$32K |
| Net Cash from Financing | $5.85M | -$286K | -$341K |
| Forex Effect | $0 | $0 | $0 |
| Net Change in Cash | $2.42M | -$256K | $597K |
| Supplementary Data | |||
| Operating Cash Flow | -$3.39M | $131K | $1.32M |
| Capital Expenditure | -$135K | -$154K | -$465K |
| Free Cash Flow | -$3.52M | -$24K | $860K |
| Cash at Beginning | $2.16M | $2.42M | $1.82M |
| Cash at End | $4.58M | $2.16M | $2.42M |