PMAX

Stock Surge: Powell Max Ltd. (NASDAQ: PMAX) shares rose 46.7% in after-hours trading, reaching $3.33, following a 29.71% increase during the regular session, closing at $2.27.

Shareholder Transaction: The company's controlling shareholder, Po Man Stella Leung, sold all shares of Bliss On Limited to ECF Limited, which will acquire indirect beneficial ownership of Powell Max shares.

Regulatory Filing: ECF Limited plans to file a Schedule 13D with the SEC regarding its acquisition, but the transaction will not impact the company's registered share holdings or board composition.

Stock Performance Overview: Despite the recent surge, PMAX has seen a significant decline of 90.79% over the past year, with a market capitalization of $6.57 million and a 52-week trading range of $1.53 to $27.44.

Financial Performance: Powell Max Limited reported a revenue of HK$23.9 million (US$3.1 million) for the first half of 2025, a 5.3% increase from the previous year, but incurred a net loss of HK$20.4 million (US$2.6 million), contrasting with a profit of HK$0.8 million in the same period of 2024.

Expense Increases: The company's general and administrative expenses surged by 4.9 times to HK$29.4 million (US$3.8 million) due to staff increases and costs associated with the acquisition of Miracle Media, while selling and distribution expenses rose by 10% to HK$3.3 million (US$0.4 million).

Loss Per Share: Basic and diluted loss per share for the six months ended June 30, 2025, was HK$1.07 (US$0.14), compared to earnings of HK$0.06 per share in the same period of 2024.

Company Overview: Powell Max Limited is a financial communications services provider in Hong Kong, offering a range of services including financial printing and corporate reporting to clients in the capital markets.