What is PMAX revenue?

Powell Max Limited (PMAX) reported HK$47.65M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 30.7% from the year before.

No. Powell Max Limited reported a net loss of HK$23.50M for fiscal 2025 (ended Dec 31, 2025).

How much cash and debt does PMAX have?

Powell Max Limited reported HK$6.86M in cash and cash equivalents on its most recent balance sheet in SEC filings.

How fast is PMAX revenue growing?

Powell Max Limited's revenue changed +30.7% in fiscal 2025, to HK$47.65M.

What is PMAX gross margin?

Powell Max Limited's gross profit was HK$23.59M on HK$47.65M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 49.5%.

What is PMAX free cash flow?

Powell Max Limited generated -HK$8.77M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -HK$8.75M less capital expenditures.

What is PMAX earnings per share?

Diluted earnings per share were -HK$86.38 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.

When did PMAX last report financial results?

The latest statements here come from Powell Max Limited's 20-F filed on Apr 30, 2026, covering the period ended Dec 31, 2025.

Where does this PMAX financial data come from?

Quantisnow builds these statements from the structured XBRL data Powell Max Limited files with the SEC. It is provided for information only and is not investment advice.

Financials · PMAX

Powell Max Limited (PMAX) financials

For fiscal 2025 (ended Dec 31, 2025), Powell Max Limited reported HK$47.65M of revenue and -HK$23.50M of net income. Figures are in HKD, the currency of its SEC filings.

Revenue, FY2025: HK$47.65M
Revenue growth, YoY: +30.7%
Net income, FY2025: -HK$23.50M
Net margin: -49.3%
Free cash flow, FY2025: -HK$8.77M
EPS, diluted, FY2025: -HK$86.38
Cash: HK$6.86M

Annual revenueHK$47.65M

FY2022FY2025

Annual net income-HK$23.50M

FY2022FY2025

Annual free cash flow-HK$8.77M

FY2022FY2025

PMAX revenue and earnings growth

PMAX revenueFY2025HK$47.65M

FY YoY: +30.7%

PMAX revenue was HK$47.65M for fiscal 2025 (ended Dec 31, 2025), up 30.7% from fiscal 2024. It rose in 2 of the last 3 fiscal years.

PMAX net incomeFY2025-HK$23.50M

PMAX net income was -HK$23.50M for fiscal 2025 (ended Dec 31, 2025), compared with -HK$18.07M in fiscal 2024.

PMAX EPSFY2025-HK$86.38

PMAX diluted EPS was -HK$86.38 for fiscal 2025 (ended Dec 31, 2025).

PMAX free cash flowFY2025-HK$8.77M

PMAX free cash flow was -HK$8.77M for fiscal 2025 (ended Dec 31, 2025), compared with -HK$12.90M in fiscal 2024.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022
Revenue	HK$47.65M	HK$36.46M	HK$49.12M	HK$37.77M
Cost of revenue	HK$24.06M	HK$22.08M	HK$25.24M	HK$22.22M
Gross profit	HK$23.59M	HK$14.38M	HK$23.88M	HK$15.56M
Selling, general and admin	HK$7.38M	HK$7.05M	HK$4.53M	HK$5.25M
Operating income	-HK$22.80M	-HK$16.06M	HK$7.63M	HK$591.9K
Interest expense	HK$692.9K	HK$2.02M	HK$550.7K	HK$690.5K
Pre-tax income	-HK$23.50M	-HK$18.07M	HK$7.08M	-HK$98.6K
Net income	-HK$23.50M	-HK$18.07M	HK$7.08M	-HK$98.6K
EPS, basic	-HK$94.52	-HK$109.72	HK$45.31	-HK$0.80
EPS, diluted	-HK$86.38	-HK$109.72	HK$45.31	-HK$0.80
Diluted shares	272,022	164,729	156,250	156,250

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022
Cash and equivalents	HK$6.86M	HK$42.22M	HK$3.66M	HK$1.40M
Receivables	HK$12.34M	HK$16.10M	HK$13.51M	-
Current assets	HK$27.91M	HK$58.32M	HK$17.17M	-
Goodwill	HK$8.36M	-	-	-
Total assets	HK$42.37M	HK$62.57M	HK$22.99M	-
Current liabilities	HK$15.47M	HK$40.14M	HK$37.03M	-
Total debt	-	-	HK$18.68M	-
Total liabilities	HK$17.46M	HK$41.30M	HK$38.30M	-
Shareholders' equity	HK$24.91M	HK$21.27M	-HK$15.31M	-HK$22.34M

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022
Operating cash flow	-HK$8.75M	-HK$11.41M	HK$7.11M	HK$5.47M
Capital expenditures	HK$21.0K	HK$1.49M	HK$287.3K	HK$466.8K
Free cash flow	-HK$8.77M	-HK$12.90M	HK$6.83M	HK$5.01M
Investing cash flow	-HK$28.00M	-HK$1.20M	-HK$239.1K	-HK$465.3K
Financing cash flow	HK$1.39M	HK$51.18M	-HK$4.61M	-HK$4.21M
Stock-based compensation	HK$117.0K	-	-	-

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022
Revenue growth, YoY	30.7%	-25.8%	30.0%	-
Gross margin	49.5%	39.4%	48.6%	41.2%
Operating margin	-47.9%	-44.0%	15.5%	1.6%
Net margin	-49.3%	-49.6%	14.4%	-0.3%
Free cash flow margin	-18.4%	-35.4%	13.9%	13.3%
Return on equity	-94.3%	-85.0%	-	-
Return on assets	-55.5%	-28.9%	30.8%	-
Current ratio	1.80	1.45	0.46	-

Source: XBRL data Powell Max Limited files with the SEC, latest filing dated Apr 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-80, first reported Apr 30, 2026.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

PMAX peers

Company	Revenue	Growth	Net income	Net margin	Market cap
PMAX	HK$47.65M	+30.7%	-HK$23.50M	-49.3%	$3.5M
SESea Limited	$22.94B	+36.4%	$1.58B	6.9%	$47.04B
RTORentokil Initial plc	$6.91B	+4.4%	$470.00M	6.8%	$11.97B
ITGartner Inc.	$6.44B	-0.2%	$954.41M	14.8%	$11.92B
SCIService Corporation International	$3.31B	+3.4%	$561.30M	17.0%	$10.11B
EDUNew Oriental Education & Technology Group Inc. Sponsored ADR r	$5.66B	+15.5%	$475.17M	8.4%	$8.24B
HRBH&R Block Inc.	$3.97B	+5.2%	-$325.44M	-8.2%	$6.25B
TALTAL Education Group	$3.01B	+33.7%	$530.75M	17.6%	$5.59B
GHCGraham Holdings Company	$5.12B	+4.3%	$496.96M	9.7%	$5.10B

PMAX FAQ

9 questions

What is PMAX revenue?
Powell Max Limited (PMAX) reported HK$47.65M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 30.7% from the year before.
Is PMAX profitable?
No. Powell Max Limited reported a net loss of HK$23.50M for fiscal 2025 (ended Dec 31, 2025).
How much cash and debt does PMAX have?
Powell Max Limited reported HK$6.86M in cash and cash equivalents on its most recent balance sheet in SEC filings.
How fast is PMAX revenue growing?
Powell Max Limited's revenue changed +30.7% in fiscal 2025, to HK$47.65M.
What is PMAX gross margin?
Powell Max Limited's gross profit was HK$23.59M on HK$47.65M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 49.5%.
What is PMAX free cash flow?
Powell Max Limited generated -HK$8.77M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -HK$8.75M less capital expenditures.
What is PMAX earnings per share?
Diluted earnings per share were -HK$86.38 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
When did PMAX last report financial results?
The latest statements here come from Powell Max Limited's 20-F filed on Apr 30, 2026, covering the period ended Dec 31, 2025.
Where does this PMAX financial data come from?
Quantisnow builds these statements from the structured XBRL data Powell Max Limited files with the SEC. It is provided for information only and is not investment advice.