Quarterly ResultAug 5, 2026, 09:09 AM
Raytech FY2026 Revenue +81.1% to $18.2M; Net Income +101.9% to $2.1M
AI Summary
Raytech Holding Limited announced strong financial results for fiscal year 2026, with revenue increasing by 81.1% to US$18.2 million and net income rising by 101.9% to US$2.1 million. The company successfully expanded its business model by adding two new service segments, which contributed 31.0% of total revenue. Key corporate developments included the acquisition of Worry free, a follow-on public offering, a share consolidation, and a subsequent registered direct offering to strengthen liquidity.
Key Highlights
- Revenue increased by 81.1% to US$18.2 million for fiscal year 2026.
- Net income increased by 101.9% to US$2.1 million for fiscal year 2026.
- Income from operations increased by 135.7% to US$2.3 million.
- Service income contributed US$5.6 million, or 31.0% of total revenue.
- Cash and cash equivalents were US$10.0 million as of March 31, 2026.
- Net current assets increased to US$12.4 million as of March 31, 2026.
- Acquired Worry free for US$6.099 million in December 2025.
- Registered direct offering raised approximately US$6.08 million in June 2026.
Price Impact
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