Top Page
PTL Limited
(NASDAQ:PTLE)
PTL Limited (PTLE) vs. SPDR S&P 500 ETF (SPY)
PTL Limited Business Overview & Revenue Model
PTL Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 11.74M | 98.13M | 102.11M | 74.82M |
| Gross Profit | 233.02K | 308.59K | 1.92M | 1.11M |
| EBITDA | -435.78K | -608.69K | 1.09M | 367.15K |
| Net Income | -525.03K | -637.80K | 936.12K | 391.11K |
Balance Sheet | ||||
| Total Assets | 1.62M | 12.58M | 11.04M | 9.64M |
| Cash, Cash Equivalents and Short-Term Investments | 342.34K | 4.79M | 1.14M | 92.04K |
| Total Debt | 2.36K | 41.58K | 0.00 | 0.00 |
| Total Liabilities | 551.64K | 11.96M | 9.69M | 9.22M |
| Stockholders Equity | 1.07M | 614.14K | 1.35M | 413.91K |
Cash Flow | ||||
| Free Cash Flow | -1.06M | -764.76K | 1.09M | -642.34K |
| Operating Cash Flow | -1.08M | -98.01K | 1.09M | -642.34K |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 1.40M | 565.63K | -39.63K | -103.12K |
PTL Limited Peers Comparison
PTL Limited Corporate Events
On January 20, 2026, PTL Limited received notice from Nasdaq that it has been granted an additional 180-day grace period, until July 13, 2026, to regain compliance with the exchange’s $1.00 minimum bid price requirement for its ordinary shares. The company had first been notified on July 18, 2025, that its shares had traded below the $1.00 threshold for 30 consecutive business days and failed to restore compliance within the initial 180-day period that ended on January 14, 2026, although it continues to meet all other Nasdaq listing standards. Nasdaq’s extension, disclosed on January 22, 2026, allows PTL more time to lift its share price—potentially via measures such as a reverse stock split—with the requirement that the closing bid price reach at least $1.00 for 10 consecutive business days, or face possible delisting and a subsequent right to appeal, a development that places the company’s Nasdaq listing status under closer scrutiny for investors and other stakeholders.
The most recent analyst rating on (PTLE) stock is a Hold with a $0.12 price target. To see the full list of analyst forecasts on PTL Limited stock, see the PTLE Stock Forecast page.
On January 16, 2026, Singapore-based PTL Limited closed a registered direct offering of 155 million Class A ordinary shares at US$0.025 per share, raising approximately US$3.9 million in gross proceeds. The capital injection, conducted under an effective Form F-3 shelf registration, is earmarked for vessel acquisitions, working capital, and general corporate purposes, signaling the company’s intent to strengthen its asset base and liquidity position, with potential implications for future fleet expansion and operational flexibility for investors and other stakeholders.
The most recent analyst rating on (PTLE) stock is a Sell with a $0.10 price target. To see the full list of analyst forecasts on PTL Limited stock, see the PTLE Stock Forecast page.
On January 5, 2026, PTL Limited entered into securities purchase agreements with several unrelated third-party investors to issue and sell 155 million Class A ordinary shares at US$0.025 per share in a registered direct offering, raising gross proceeds of approximately US$3.88 million. The board-approved transaction, conducted under an effective Form F-3 shelf registration, is intended to fund vessel acquisitions, working capital, and general corporate purposes, signaling ongoing capital investment in the company’s fleet and liquidity position and potentially affecting the ownership structure through a significant issuance of new equity.
The most recent analyst rating on (PTLE) stock is a Hold with a $0.11 price target. To see the full list of analyst forecasts on PTL Limited stock, see the PTLE Stock Forecast page.
PTL Limited, a company based in Singapore, has successfully closed a registered direct offering of its Class A Ordinary Shares on December 12, 2025. The offering involved the issuance of 60,000,000 shares at a price of US$0.04 per share, resulting in gross proceeds of approximately US$2.4 million. The company plans to use the funds for vessel acquisition, working capital, and general corporate purposes, which could enhance its operational capacity and market positioning.
On December 4, 2025, PTL Limited entered into securities purchase agreements with unrelated third-party investors to issue and sell 60,000,000 Class A ordinary shares at US$0.04 per share, totaling US$2,400,000 in a registered direct offering. The offering was conducted under a registration statement filed with the U.S. Securities and Exchange Commission, which became effective on December 2, 2025. The company plans to use the net proceeds for vessel acquisition, working capital, and general corporate purposes.
PTL Limited, a company listed on the Nasdaq Capital Market, was previously found to be non-compliant with Nasdaq’s minimum stockholders’ equity and market value requirements as of July 18, 2025. However, as of November 28, 2025, the company reported a stockholders’ equity of $8,421,458, thus meeting the necessary requirements for continued listing. This resolution of compliance issues is a positive development for PTL Limited, ensuring its continued presence on the Nasdaq, which is crucial for maintaining investor confidence and market stability.
PTL Limited, a company based in Singapore, has released its unaudited interim financial results for the six months ended June 30, 2025. The company reported a net income of $1,209,506, showing a significant improvement compared to the previous year. The financial results indicate a decrease in revenue to $43,555,675 from $50,273,589 in 2024, but the company managed to achieve a profit from operations of $1,773,597 due to a reversal of provision for expected credit loss. The announcement, made on November 3, 2025, highlights PTL Limited’s ability to maintain profitability despite a reduction in revenue, which could positively impact its market positioning and stakeholder confidence.