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Powell Max Limited Class A
(NASDAQ:PMAX)
Powell Max Limited Class A (PMAX) vs. SPDR S&P 500 ETF (SPY)
Powell Max Limited Class A Business Overview & Revenue Model
Powell Max Limited Class A Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|
Income Statement | |||
| Total Revenue | 36.46M | 49.12M | 37.77M |
| Gross Profit | 14.38M | 23.88M | 15.56M |
| EBITDA | -11.61M | 12.65M | 5.64M |
| Net Income | -18.07M | 7.08M | -98.60K |
Balance Sheet | |||
| Total Assets | 62.57M | 22.99M | 19.83M |
| Cash, Cash Equivalents and Short-Term Investments | 42.22M | 3.66M | 1.40M |
| Total Debt | 20.10M | 9.25M | 13.29M |
| Total Liabilities | 41.30M | 38.30M | 42.18M |
| Stockholders Equity | 21.27M | -15.31M | -22.34M |
Cash Flow | |||
| Free Cash Flow | -12.90M | 6.83M | 5.01M |
| Operating Cash Flow | -11.41M | 7.11M | 5.47M |
| Investing Cash Flow | -1.20M | -239.07K | -465.35K |
| Financing Cash Flow | 51.18M | -4.61M | -4.21M |
Powell Max Limited Class A Technical Analysis
Powell Max Limited Class A Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
56 Neutral | $34.42M | -15.24 | -6.85% | 6.62% | -92.03% | -20.56% | |
45 Neutral | $25.58M | -1.96 | -52.00% | ― | -44.47% | -203.41% | |
40 Underperform | $4.10M | 11.41 | -344.73% | ― | -18.89% | -918.16% | |
57 Neutral | $3.13B | 9.23 | -34.32% | 3.14% | -25.56% | -353.61% |
Powell Max Limited Class A Corporate Events
Powell Max Limited, a company incorporated in the British Virgin Islands, announced on September 25, 2025, its plan to implement a 1-for-8 reverse stock split effective October 6, 2025. This move, approved by the Board of Directors on September 15, 2025, aims to reduce the number of authorized shares from 100 million to 12.5 million, potentially impacting the company’s market positioning and shareholder value. The reverse split is subject to Nasdaq Operations notice requirements, with trading to commence on a split-adjusted basis under the symbol ‘PMAX.’
On September 23, 2025, Powell Max Limited announced its unaudited financial results for the first half of 2025, revealing a 5.3% increase in revenue to HK$23.9 million compared to the same period in 2024. Despite the revenue growth, the company reported a net loss of HK$20.4 million, a significant downturn from a profit of HK$0.8 million in the previous year, primarily due to increased general and administrative expenses following the acquisition of Miracle Media and heightened selling and distribution costs.
Powell Max Limited, a company listed on the Nasdaq Stock Market, has faced challenges in maintaining compliance with Nasdaq’s listing requirements. On September 2, 2025, the company received a delisting determination from Nasdaq due to its failure to meet the minimum bid price and stockholders’ equity requirements. The company plans to appeal this decision to a Nasdaq Hearings Panel, which would temporarily suspend the delisting process. This development highlights the company’s current financial difficulties and its efforts to maintain its market position.
Powell Max Limited, on August 13, 2025, entered into a securities purchase agreement with investors to sell up to 1,600,000 Class A ordinary shares and 4,800,000 common warrants in a private placement transaction. The transaction is expected to generate gross proceeds of approximately US$403,200, which will be used for general corporate purposes, including working capital. The common warrants are exercisable immediately and have a three-year validity, with certain restrictions on beneficial ownership and transfer. This move is likely to impact the company’s financial flexibility and market positioning by providing additional capital for its operations.