PSIG

MKT CAP:$21M

PS International Group Ltd.

Market Cap

$21M

Industrials·Integrated Freight & Logistics·🇭🇰 Hong Kong·NASDAQ

Industrials·Integrated·🇭🇰·NASDAQ

Stock Price

$6.21+$1.57 (+33.84%)

Apr 21, 2026

Company Details

PS International Group Ltd., through its subsidiaries, operates as a freight forwarding service provider worldwide. It offers air and ocean export and import freight forwarding services; optional ancillary logistics related services, such a...

CEO

Chunlin Tong

IPO Date

Jul 19, 2024

Website

www.profitsail.com

Key Metrics TTM

Revenue

$39M

— YoY

Net Income

-$839.5K

EPS (Diluted)

-$0.23

Free Cash Flow

-$784.9K

Revenue / Share

$10.87

Gross Margin

3.1%

Operating Margin

-3.2%

Net Margin

-2.1%

FCF Margin

-2.0%

P/S

0.5x

P/E

—

Earnings Reports

FY 2024

Apr 30, 2025

$87MEPS -$1.33

Q2 2024

Jul 24, 2024

$39MEPS -$0.01

Q1 2024

Mar 29, 2024

$0EPS -$0.11

Q4 2023

Dec 29, 2023

$0EPS -$0.07

Q3 2023

Sep 28, 2023

$0EPS -$0.04

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 21	$0	$0	-$1.9K
Q4 21	$0	$0	-$18.0K
Q1 22	$0	$0	-$228.1K
Q2 22	$0	$0	-$193.3K
Q3 22	$0	$0	-$170.5K
Q4 22	$0	$0	-$232.8K
Q1 23	$0	$0	-$288.7K
Q2 23	$0	$0	-$461.5K
Q3 23	$0	$0	-$225.5K
Q4 23	$0	$0	-$456.7K
Q1 24	$0	$0	-$521.6K
Q2 24	$39M	$1M	-$43.8K

Valuation

Quarter	P/S	P/E
Q3 21	—	—
Q4 21	—	—
Q1 22	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	—	35.0x
Q1 23	—	26.4x
Q2 23	—	39.5x
Q3 23	—	205.0x
Q4 23	—	—
Q1 24	—	—
Q2 24	0.5x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	-$5.0K	-$5.0K
Q3 22	-$151.6K	-$151.6K
Q4 22	-$151.5K	-$151.5K
Q1 23	-$250.8K	-$250.8K
Q2 23	-$314.3K	-$314.3K
Q3 23	-$96.8K	-$96.8K
Q4 23	-$207.7K	-$207.7K
Q1 24	-$166.2K	-$166.2K

Capital Expenditures

Quarter	CapEx
Q4 21	$0
Q3 22	$0
Q4 22	$0
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$5
Q1 24	$3

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 22	—	+8687.6%
Q4 22	—	+1194.7%
Q1 23	—	+26.5%
Q2 23	—	+138.8%
Q3 23	—	+32.3%
Q4 23	—	+96.2%
Q1 24	—	+80.7%
Q2 24	—	+8439.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$0	—
Q3 22	$0	—
Q4 22	$0	—
Q1 23	$0	—
Q2 23	$0	—
Q3 23	$0	—
Q4 23	$0	—
Q1 24	$0	—

OpEx Breakdown

Quarter	SG&A
Q3 21	$1.9K
Q4 21	$18.0K
Q1 22	$228.1K
Q2 22	$193.3K
Q3 22	$170.5K
Q4 22	$232.8K
Q1 23	$288.7K
Q2 23	$461.5K
Q3 23	$225.5K
Q4 23	$456.7K
Q1 24	$521.6K
Q2 24	$1M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 21	$45.4K	$0	$45.4K
Q1 22	$407.5K	$0	$407.5K
Q2 22	$279.4K	$0	$279.4K
Q3 22	$127.8K	$0	$127.8K
Q4 22	$44.2K	$0	$44.2K
Q1 23	$520.5K	$11M	$11M
Q2 23	$131.6K	$11M	$11M
Q3 23	$32.4K	$0	$32.4K
Q4 23	$114.7K	$0	$114.7K
Q1 24	$6.6K	$0	$6.6K
Q2 24	$9M	$0	$9M
Q4 24	$8M	$0	$8M
Q2 25	$7M	$0	$7M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 21	11M	—	—
Q4 21	11M	0.0%	—
Q1 22	11M	0.0%	—
Q2 22	11M	0.0%	—
Q3 22	11M	0.0%	0.0%
Q4 22	11M	0.0%	0.0%
Q1 23	4M	-67.8%	-67.8%
Q2 23	4M	0.0%	-67.8%
Q3 23	4M	0.0%	-67.8%
Q4 23	4M	-0.5%	-67.9%
Q1 24	4M	0.0%	-0.5%
Q2 24	4M	+0.3%	-0.2%

Shares Outstanding