Raytech Holding Limited reported a 17.6% revenue growth to HK$78.7 million for fiscal year 2025, with a net income of HK$8.3 million and a net margin of 10.5%. The balance sheet showed cash and cash equivalents of HK$84.9 million, up 136.5% from the prior fiscal year. The CEO highlighted increased sales in the trimmer series, driving revenue growth.

Revenue for the hair styling series increased by 18.2%, reaching HK$37.6 million in fiscal year 2025. The trimmer series saw a significant revenue increase of 48.0% to HK$33.6 million. Other personal care appliances revenue varied, with a decrease in eyelash curler revenue. Merchandise costs were 77.4% of revenue, leading to a net margin of 10.5%.

Raytech Holding Limited’s balance sheet showed total current assets of HK$94.9 million in fiscal year 2025, with an increase in cash and cash equivalents to HK$84.9 million. Accounts receivable decreased by 44.1%, and total current liabilities decreased to HK$17.9 million. Net current assets strengthened to HK$76.9 million.

The company aims to become a leading product design and development company in the personal care electrical appliances industry in Asia. They plan to expand product lines, especially in men’s personal care and hair care, and target customers in Europe, the US, and other Asian markets. Their strong cash position allows for strategic growth initiatives while maintaining operational excellence.

Read more at GlobeNewswire: Raytech Holding Limited Announces Fiscal Year 2025