PTLE

MKT CAP:$3M

PTL Limited

Market Cap

$3M

Energy·Oil & Gas Midstream· British Virgin Islands·NASDAQ

Energy·Oil & Gas Midstream·NASDAQ

Stock Price

$6.61-$2.03 (-23.50%)

Apr 22, 2026

Company Details

PTL Ltd. is a holding company, which through its subsidiaries engages in the provision of marine fuel logistics services for vessel refueling. It serves the Asia Pacific market. The firm is also involved in the purchase of marine fuel such ...

CEO

Ying Ying Chow

IPO Date

Oct 16, 2024

Website

www.petrolinkhk.com

Key Metrics TTM

Revenue

$26M

— YoY

Net Income

-$478.6K

EPS (Diluted)

-$3.95

Free Cash Flow

-$1M

Revenue / Share

$84.46

Gross Margin

1.8%

Operating Margin

-1.5%

Net Margin

-1.9%

FCF Margin

-4.0%

P/S

0.1x

P/E

—

Earnings Reports

FY 2025

Nov 3, 2025

$6M-55.6%EPS $0.51

Q2 2025

Nov 3, 2025

$6M-13.1%EPS $0.51

FY 2024

May 15, 2025

$13M-3.6%EPS -$4.49

Q4 2024

May 15, 2025

$6M-16.9%EPS -$4.78

Q2 2024

Jun 29, 2024

$6M+13.9%EPS $0.29

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 23	$6M	$160.3K	$132.2K
Q4 23	$7M	$84.3K	$6.5K
Q2 24	$6M	$145.8K	$53.8K
Q4 24	$6M	$162.9K	-$664.6K
Q2 25	$6M	$70.2K	$227.6K

Valuation

Quarter	P/S	P/E
Q2 23	—	—
Q4 23	—	—
Q2 24	—	—
Q4 24	362.1x	—
Q2 25	22.7x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 23	$118.4K	$118.4K
Q2 24	-$76.2K	-$76.2K
Q4 24	-$22.0K	$0
Q2 25	-$1M	-$1M

Capital Expenditures

Quarter	CapEx
Q4 23	$0
Q2 24	$0
Q4 24	$22.0K
Q2 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 25	-1.0%	-2.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 23	$0	0.0%
Q2 24	$0	0.0%
Q4 24	$0	0.0%
Q2 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q2 23	$28.1K
Q4 23	$77.8K
Q2 24	$91.9K
Q4 24	$827.5K

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$146.6K	$0	$146.6K
Q2 24	$221.5K	$0	$221.5K
Q4 24	$5M	$0	$5M
Q2 25	$342.3K	$0	$342.3K

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 23	141K	—	—
Q4 23	141K	0.0%	—
Q2 24	141K	0.0%	—
Q4 24	141K	0.0%	—
Q2 25	303K	+115.3%	+115.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 23	—	—
Q4 23	—	—
Q2 24	—	—
Q4 24	$6.1K	1K
Q2 25	$5.6K	1K

Revenue / Employee