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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
PTL Limited announced on March 16, 2026 that it has regained compliance with Nasdaq’s minimum bid price rule for continued listing on the Nasdaq Capital Market. The development confirms that its Class A ordinary shares are no longer at risk of delisting for failing to meet the $1.00 per share threshold.
Nasdaq formally notified PTL on March 13, 2026 that the company satisfied the minimum bid requirement after its shares closed at or above $1.00 for ten consecutive business days from February 27 to March 12, 2026. This closes a deficiency that began with a July 18, 2025 notice and was subject to extensions into 2026, removing an overhang that had created uncertainty for investors and the company’s U.S. market presence.
The most recent analyst rating on (PTLE) stock is a Sell with a $0.11 price target. To see the full list of analyst forecasts on PTL Limited stock, see the PTLE Stock Forecast page.
On February 23, 2026, PTL Limited agreed to acquire 100% of Hong Kong-incorporated Twocap Limited for US$100,000 in cash, a deal expected to close by April 7, 2026. Through Twocap’s subsidiary Sisworld Credit One Limited, which holds a Hong Kong money lender license, PTL will obtain a regulated entry point into the local money lending market and consolidate Twocap’s results once the transaction completes.
The board viewed Twocap as a suitable diversification move beyond PTL’s core marine fuel bunkering facilitation activities, as it allows the company to avoid the time and cost of applying for a new money lending license. PTL plans to launch financing offerings including trade finance, accounts receivable financing and factoring, with the longer-term aim of delivering a one-stop solution that bundles fuel supply with financing services for its clients, though the acquisition is not deemed significant under SEC financial reporting thresholds and involves no related-party interests.
The most recent analyst rating on (PTLE) stock is a Sell with a $0.11 price target. To see the full list of analyst forecasts on PTL Limited stock, see the PTLE Stock Forecast page.
On February 24, 2026, PTL Limited announced that it had obtained approval for a 1-for-80 consolidation of its Class A and Class B ordinary shares, with the move taking effect for trading on the Nasdaq Capital Market on February 27, 2026. The share consolidation is designed to help the Hong Kong-based marine fuel logistics provider regain compliance with Nasdaq’s minimum bid price rule and maintain its U.S. listing, while uniformly reducing its outstanding shares to 6,140,469 Class A and 140,625 Class B without changing shareholders’ proportional ownership, apart from minor adjustments due to rounding up fractional shares.
The transaction, approved by the board on February 11, 2026 and by shareholders on June 16, 2025, will see PTL’s Class A shares continue trading under the ticker PTLE but with a new CUSIP, G7377S127. By tightening its share structure without diluting investors, PTL aims to preserve capital markets access and visibility in a competitive shipping and energy services sector, a key consideration for existing shareholders and potential investors monitoring its compliance status and trading liquidity.
The most recent analyst rating on (PTLE) stock is a Sell with a $0.11 price target. To see the full list of analyst forecasts on PTL Limited stock, see the PTLE Stock Forecast page.
On February 4, 2026, PTL Limited entered into securities purchase agreements with unrelated third-party investors for a registered direct offering of 250 million Class A ordinary shares at US$0.025 per share, raising gross proceeds of US$6.25 million. The transaction, conducted under an effective F-3 shelf registration and approved by the company’s board, closed on February 6, 2026, with PTL stating it will deploy the net proceeds toward vessel acquisitions, working capital and general corporate purposes, a move that expands its equity base while signaling continued investment in fleet growth and operational liquidity for stakeholders.
The most recent analyst rating on (PTLE) stock is a Sell with a $0.11 price target. To see the full list of analyst forecasts on PTL Limited stock, see the PTLE Stock Forecast page.
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.