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Vantage Reported FY25 Revenue Of $18.7M, EPS Of $0.14

Benzinga·07/28/2025 11:15:44
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VANTAGE CORP

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

                         
    For the Years Ended March 31,
    2023   2024   2025
    US$   US$   US$
             
Revenue     23,986,146       19,999,294       18,659,141  
Cost of Revenue (exclusive of depreciation and amortization shown separately below)     (15,176,026 )     (10,560,766 )     (10,044,402 )
Gross Profit     8,810,120       9,438,528       8,614,739  
Operating Expenses:                  
Selling and Marketing Expenses     780,758       1,063,533       1,130,799  
Depreciation and Amortization     167,612       175,488       272,734  
General and Administrative Expenses     1,557,081       2,361,763       2,798,028  
Total Operating Expenses     2,505,451       3,600,784       4,201,561  
Income from Operations     6,304,669       5,837,744       4,413,178  
Other Income (Expense):                  
Government Grants     219,314       20,865       16,063  
Other Income     501,211       150,653       251,895  
Interest Expenses     (3,873 )     (9,267 )     (12,325 )
Total Other Income     716,652       162,251       255,633  
Income before Tax Expense     7,021,321       5,999,995       4,668,811  
Income Tax Expense     (1,159,765 )     (1,045,511 )     (825,926 )
Net Income     5,861,556       4,954,484       3,842,885  
Other Comprehensive Income                  
Foreign currency translation loss, net of taxes     -       (285 )     (26,468 )
Total Comprehensive Income     5,861,556       4,954,199       3,816,417  
                   
Earnings Per Share Attributable to Weighted Average Number of Outstanding Ordinary Shares                  
Basic and Diluted     0.21       0.17       0.14