Pitanium Ltd

CIK:0002046573|SEC Filings

Consolidated Statements of Operations and Comprehensive Income (Loss)	12 Months Ended
	Sep. 30, 2025 USD ($) $ / shares shares	Sep. 30, 2025 HKD ($) $ / shares shares	Sep. 30, 2024 HKD ($) $ / shares shares	Sep. 30, 2023 HKD ($) $ / shares shares
Income Statement [Abstract]
Revenue	$ 8,476,554	$ 66,080,673	$ 74,930,388	$ 68,196,877
Cost of revenue	(1,439,555)	(11,222,341)	(14,110,240)	(12,741,130)
Gross profit	7,036,999	54,858,332	60,820,148	55,455,747
Operating expenses
Selling and marketing expenses	(3,453,747)	(26,924,375)	(11,797,806)	(10,411,605)
General and administrative expenses	(6,776,837)	(52,830,184)	(38,042,814)	(32,813,729)
Total operating expenses	(10,230,584)	(79,754,559)	(49,840,620)	(43,225,334)
Income from operation	(3,193,585)	(24,896,227)	10,979,528	12,230,413
Other income (expense)
Interest income	5,975	46,577	191,864	88,440
Other income	118,174	921,250	114,672	565,930
Interest expenses	(57,359)	(447,153)	(867,337)	(825,037)
Total other expenses, net	66,790	520,674	(560,801)	(170,667)
Income before provision for income taxes	(3,126,795)	(24,375,553)	10,418,727	12,059,746
Income tax expenses	419,029	3,266,625	(1,522,432)	(1,804,326)
Net income	(2,707,766)	(21,108,928)	8,896,295	10,255,420
Total comprehensive income	$ (2,707,766)	$ (21,108,928)	$ 8,896,295	$ 10,255,420
Net income (loss) per share - basic \| (per share)	$ (0.12)	$ (0.97)	$ 0.42	$ 0.49
Net income (loss) per share - diluted \| (per share)	$ (0.12)	$ (0.97)	$ 0.42	$ 0.49
Weighted average shares outstanding used in calculating basic net income per share	21,683,699	21,683,699	21,000,000	21,000,000
Weighted average shares outstanding used in calculating diluted net income per share	21,683,699	21,683,699	21,000,000	21,000,000

Consolidated Statements of Cash Flows	12 Months Ended
Consolidated Statements of Cash Flows	Sep. 30, 2025 USD ($)	Sep. 30, 2025 HKD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2024 HKD ($)	Sep. 30, 2023 HKD ($)
Operating activities
Net income / (loss)	$ (2,707,766)	$ (21,108,928)		$ 8,896,295	$ 10,255,420
Adjustments to reconcile net income to net cash used in operating activities:
Gain on disposal of property, plant and equipment	(89,793)	(700,000)		(114,671)	(529,931)
Depreciation of property, plant and equipment	275,097	2,144,576	$ 288,513	2,254,429	1,992,306
Amortization of right-of-use assets	495,331	3,861,449		5,929,064	6,199,100
Inventory write-down	45,979	358,432
Deferred income taxes	(419,029)	(3,266,625)		(286,226)	(126,412)
Changes in operating assets and liabilities:
Inventories	(212,123)	(1,653,642)		236,328	(2,680,309)
Other current assets	(161,496)	(1,258,977)		(1,157,592)	(1,514,865)
Other payables	108,831	848,412		1,876,172	813,412
Contract liability	329,112	2,565,655
Operating lease liabilities	(534,986)	(4,170,589)		(6,098,165)	(5,785,522)
Tax payables	(537,446)	(4,189,770)		(10,509,658)	1,765,738
Net cash generated from / (used in) operating activities	(3,408,289)	(26,570,007)		1,025,976	10,388,937
Investing activities
Purchase of property, plant and equipment	(135,949)	(1,059,820)		(1,210,889)	(3,645,946)
Proceeds from disposal of property, plant and equipment	89,793	700,000		420,000	610,000
Net cash generated from / (used in) investing activities	(46,156)	(359,820)		(790,889)	(3,035,946)
Financing activities
Proceeds from issuance of new shares	6,356,208	49,798,909
Proceeds from bank borrowings				9,000,000	8,000,000
Repayment of bank borrowings	(452,087)	(3,524,336)		(2,637,465)	(2,095,374)
Due to a related party				(1,417,601)	(253,006)
Proceeds from finance lease				850,000
Principal payments under finance lease obligations	(45,156)	(352,020)		(712,656)	(323,524)
Dividend paid				(7,327,215)	(8,000,000)
Net cash generated from / (used in) financing activities	5,858,965	45,922,553		(2,244,937)	(2,671,904)
Effect of exchange rate changes on cash held in foreign currencies	32,135
Net change in cash	2,404,520	18,992,726		(2,009,850)	4,681,087
Cash at the beginning of the year	2,183,383	16,964,489		18,974,339	14,293,252
Cash at the end of the year	4,620,038	35,957,215	$ 2,183,383	16,964,489	18,974,339
Supplemental disclosures of cash flows information:
Cash paid for income taxes	537,446	4,189,770		12,318,316	165,000
Cash paid for interest expense	57,359	447,153		554,271	341,263
Supplemental disclosures of non-cash flows information:
Lease liabilities arising from obtaining right-of-use assets	$ 131,320	1,023,732		312,160	9,947,665
Plant and equipment acquired through finance lease		$ 1,358,000

Consolidated Balance Sheet

Sep. 30, 2025

USD ($)

Sep. 30, 2025

HKD ($)

Sep. 30, 2024

HKD ($)

CURRENT ASSETS

Cash

$ 4,620,038

$ 35,957,215

$ 16,964,489

Inventories

813,731

6,333,175

5,037,965

Other current assets

714,391

5,560,023

3,728,625

Tax recoverable

243,201

1,892,807

TOTAL CURRENT ASSETS

6,391,361

49,743,220

25,731,079

NON-CURRENT ASSETS

Property, plant and equipment

516,078

4,016,576

3,743,333

Right-of-use assets

290,048

2,257,410

5,095,127

Other non-current assets

71,275

554,728

1,127,150

Deferred tax assets

477,591

3,717,034

450,409

TOTAL NON-CURRENT ASSETS

1,354,992

10,545,748

10,416,019

TOTAL ASSETS

7,746,353

60,288,968

36,147,098

CURRENT LIABILITIES

Other payables

554,909

4,318,792

3,470,381

Contract liabilities

329,654

2,565,655

Bank borrowings

1,123,340

8,742,825

12,267,161

Finance lease liabilities

60,039

467,277

202,349

Operating lease liabilities

224,608

1,748,100

4,030,909

Tax payable

2,296,963

TOTAL CURRENT LIABILITIES

2,292,550

17,842,649

22,267,763

NON-CURRENT LIABILITIES

Finance lease liabilities

160,072

1,245,823

504,770

Operating lease liabilities

100,438

781,701

1,645,751

TOTAL NON-CURRENT LIABILITY

260,510

2,027,524

2,150,521

TOTAL LIABILITY

2,553,060

19,870,173

24,418,284

SHAREHOLDERS’ EQUITY

Additional paid-in capital

6,353,937

49,781,115

100

Subscription receivable

(16,317)

Other comprehensive income

42,293

Retained earnings

(1,205,238)

(9,380,214)

11,728,714

TOTAL SHAREHOLDERS' EQUITY

5,193,293

40,418,795

^[1]

11,728,814

^[1]

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

7,746,353

60,288,968

36,147,098

Common Class A [Member]

SHAREHOLDERS’ EQUITY

Ordinary shares, value

2,001

15,563

13,986

Common Class B [Member]

SHAREHOLDERS’ EQUITY

Ordinary shares, value

$ 300

$ 2,331

[1]	The shares and per share information as at September 2025, were presented on a retroactive basis to reflect the Reorganization completed on 28 November 2024.