- Pitanium Limited reported a **net loss of HK$703,232** (approximately US$90,235) for the six-month period ended March 31, 2025, compared to a net income of HK$3,102,334 in the same period of 2024, primarily driven by increased general and administrative expenses.  **[2046573_0001493152-25-013472_ex99-1.htm:1]** **[2046573_0001493152-25-013472_ex99-2.htm:4]** **[2046573_0001493152-25-013472_ex99-2.htm:7]** 
- Revenue for the six months ended March 31, 2025, increased by **1.36% to HK$36,360,058** (approximately US$4,665,553) from HK$35,873,602 in the prior year period.  **[2046573_0001493152-25-013472_ex99-1.htm:1]** **[2046573_0001493152-25-013472_ex99-2.htm:3]** 
- The company's gross profit margin improved to **87.17%** for the six months ended March 31, 2025, up from 79.70% in the same period of 2024, mainly due to more favorable product sourcing prices.  **[2046573_0001493152-25-013472_ex99-2.htm:4]** 
- Cash balances decreased to **HK$11,523,694** (approximately US$1,481,218) as of March 31, 2025, from HK$16,964,489 as of September 30, 2024, with net cash used in operating activities amounting to HK$3,887,538 (approximately US$498,832) for the six months ended March 31, 2025.  **[2046573_0001493152-25-013472_ex99-1.htm:0]** **[2046573_0001493152-25-013472_ex99-1.htm:2]** **[2046573_0001493152-25-013472_ex99-2.htm:4]** **[2046573_0001493152-25-013472_ex99-1.htm:5]** **[2046573_0001493152-25-013472_ex99-2.htm:6]** 
- Pitanium's Initial Public Offering (IPO) was declared effective on May 29, 2025, with shares beginning to trade on the Nasdaq Capital Market under "PTNM" on May 30, 2025, raising **US$7 million in gross proceeds** from the sale of 1,750,000 Class A ordinary shares at **US$4.00 per share** on June 2, 2025.  **[2046573_0001493152-25-013472_ex99-1.htm:23]**

Pitanium (PTNM)