BTOC

MKT CAP:$13M

Armlogi Holding Corp. common stock

Market Cap

$13M

Industrials·Integrated Freight & Logistics·🇺🇸 United States·NASDAQ

Industrials·Integrated·🇺🇸·NASDAQ

Stock Price

$0.28-$0.27 (-49.43%)

Apr 23, 2026

Company Details

Armlogi Holding Corp., together with its subsidiaries, operates as a third-party logistics company in the United States. It provides multi-model transportation and logistics services. It primarily offers transportation services, including a...

CEO

Aidy Chou

IPO Date

May 14, 2024

Website

www.armlogi.com

Key Metrics TTM

Revenue

$198M

+11.5% YoY

Net Income

-$19M

EPS (Diluted)

-$0.45

Free Cash Flow

$6M

Revenue / Share

$4.35

Gross Margin

-1.6%

Operating Margin

-9.6%

Net Margin

-9.8%

FCF Margin

3.2%

P/S

0.1x

P/E

—

Earnings Reports

Q2 2026

Feb 13, 2026

$52M+0.8%EPS -$0.09

Q1 2026

Nov 13, 2025

$49M+16.5%EPS -$0.15

FY 2025

Sep 25, 2025

$190M+14.0%EPS -$0.37

Q4 2025

Sep 25, 2025

$51M+12.5%EPS -$0.13

Q3 2025

May 14, 2025

$46M+19.3%EPS -$0.09

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 22	$13M	$488.8K	-$763.2K
Q4 22	$25M	$3M	$2M
Q1 23	$28M	$5M	$4M
Q2 23	$29M	$7M	$5M
Q3 23	$30M	$6M	$3M
Q4 23	$48M	$6M	$6M
Q1 24	$41M	$5M	$3M
Q2 24	$42M	$8M	$5M
Q3 24	$38M	$3M	$57.0K
Q4 24	$45M	$2M	-$16.3K
Q1 25	$42M	-$4M	-$7M
Q2 25	$51M	$483.0K	-$2M
Q3 25	$46M	$278.1K	-$4M
Q4 25	$51M	-$154.9K	-$4M
Q1 26	$49M	-$2M	-$7M
Q2 26	$52M	-$770.3K	-$4M

Valuation

Quarter	P/S	P/E
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	2.1x	25.1x
Q3 23	1.8x	18.6x
Q4 23	1.5x	14.6x
Q1 24	1.3x	15.1x
Q2 24	1.2x	14.7x
Q3 24	1.2x	16.5x
Q4 24	1.2x	27.6x
Q1 25	1.1x	4718.0x
Q2 25	1.0x	—
Q3 25	0.2x	—
Q4 25	0.4x	—
Q1 26	0.2x	—
Q2 26	0.1x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 22	$0	$0
Q4 22	$2M	$742.5K
Q1 23	$5M	$4M
Q2 23	$394.9K	$34.5K
Q3 23	$6M	$4M
Q4 23	$1M	$1M
Q1 24	$3M	$2M
Q2 24	$460.3K	-$1M
Q3 24	$459.5K	$327.4K
Q4 24	-$951.7K	-$3M
Q1 25	-$4M	-$5M
Q2 25	-$6M	-$6M
Q3 25	$4M	$3M
Q4 25	$7M	$7M
Q1 26	-$2M	-$2M
Q2 26	-$1M	-$2M

Capital Expenditures

Quarter	CapEx
Q3 22	$0
Q4 22	$951.5K
Q1 23	$100.4K
Q2 23	$360.5K
Q3 23	$1M
Q4 23	$22.9K
Q1 24	$1M
Q2 24	$2M
Q3 24	$132.0K
Q4 24	$2M
Q1 25	$1M
Q2 25	$717.5K
Q3 25	$522.7K
Q4 25	$296.5K
Q1 26	$56.1K
Q2 26	$580.8K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 23	+125.0%	+90.1%
Q4 23	+88.6%	+81.5%
Q1 24	+45.4%	+56.0%
Q2 24	+44.1%	+52.6%
Q3 24	+27.6%	+42.7%
Q4 24	-5.8%	+7.4%
Q1 25	+3.0%	+31.2%
Q2 25	+21.8%	+43.2%
Q3 25	+19.3%	+30.4%
Q4 25	+12.5%	+21.3%
Q1 26	+16.5%	+12.9%
Q2 26	+0.8%	+4.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%
Q1 26	$0	0.0%
Q2 26	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q3 22	$1M	—
Q4 22	$1M	—
Q1 23	$362.6K	$890.8K
Q2 23	$2M	—
Q3 23	$3M	—
Q4 23	$3M	—
Q1 24	$726.3K	$1M
Q2 24	$3M	—
Q3 24	$3M	$406.9K
Q4 24	$948.2K	$1M
Q1 25	$4M	—
Q2 25	$3M	—
Q3 25	$4M	—
Q4 25	$4M	—
Q1 26	$3M	—
Q2 26	$3M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$2M	$0	$2M
Q1 23	$0	$0	$0
Q3 23	$5M	$0	$5M
Q4 23	$8M	$0	$8M
Q1 24	$8M	$0	$8M
Q2 24	$5M	$0	$5M
Q3 24	$4M	$0	$4M
Q4 24	$8M	$0	$8M
Q1 25	$3M	$0	$3M
Q2 25	$5M	$0	$5M
Q3 25	$6M	$0	$6M
Q4 25	$9M	$0	$9M
Q1 26	$6M	$0	$6M
Q2 26	$5M	$0	$5M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 22	42M	—	—
Q4 22	42M	-0.5%	—
Q1 23	42M	-0.5%	—
Q2 23	42M	0.0%	—
Q3 23	42M	0.0%	-1.0%
Q4 23	40M	-3.8%	-4.3%
Q1 24	42M	+5.0%	+1.0%
Q2 24	42M	-1.0%	0.0%
Q3 24	42M	0.0%	0.0%
Q4 24	41M	-1.7%	+2.3%
Q1 25	42M	+2.0%	-0.7%
Q2 25	42M	-0.2%	+0.1%
Q3 25	42M	+0.2%	+0.3%
Q4 25	42M	+0.2%	+2.2%
Q1 26	42M	+1.6%	+1.8%
Q2 26	45M	+7.0%	+9.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q4 23	—	—
Q1 24	—	—
Q2 24	—	—
Q3 24	—	—
Q4 24	$226.4K	200
Q1 25	$212.4K	200
Q2 25	$255.7K	200
Q3 25	$229.2K	200
Q4 25	$242.6K	210
Q1 26	$235.6K	210
Q2 26	$245.4K	210

Revenue / Employee