$PTLE
PTL Ltd
CIK:0002016337|SEC Filings
Consolidated Statements of Operations and Comprehensive Income - USD ($) |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Income Statement [Abstract] | |||||
| Revenue | $ 71,647,383 | $ 98,133,646 | $ 102,106,509 | ||
| Cost of revenue | (70,739,399) | (95,725,710) | (100,190,534) | ||
| Gross profit | 907,984 | 2,407,936 | 1,915,975 | ||
| Selling, general and administrative expenses | (2,751,736) | (1,422,363) | (828,321) | ||
| Reversal of (provision for) expected credit loss | 1,400,539 | (5,740,368) | |||
| (Loss) profit from operations | (443,213) | (4,754,795) | 1,087,654 | ||
| Other income (expense) | |||||
| Interest (expense) income, net | (729,906) | 8,688 | 1,201 | ||
| Other income | 622 | 1,326 | 9,789 | ||
| Currency exchange loss | (7,778) | (4,800) | (3,184) | ||
| Total other (expense) income, net | (737,062) | 5,214 | 7,806 | ||
| (Loss) income before provision for income taxes | (1,180,275) | (4,749,581) | 1,095,460 | ||
| Income tax expense | (227,135) | (159,340) | |||
| Net (loss) income and total comprehensive (loss) income | $ (1,180,275) | $ (4,976,716) | $ 936,120 | ||
| (Loss) earnings per share – basic (in Dollars per share) | [1] | $ (0.035) | $ (0.431) | $ 0.083 | |
| (Loss) earnings per share – diluted (in Dollars per share) | [1] | $ (0.035) | $ (0.431) | $ 0.083 | |
| Weighted average shares outstanding – basic (in Shares) | [1] | 33,700,158 | 11,534,324 | 11,250,000 | |
| Weighted average shares outstanding – diluted (in Shares) | [1] | 33,700,158 | 11,534,324 | 11,250,000 | |
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